financetom
Economy
financetom
/
Economy
/
Modi received gifts worth over 12 lakhs on foreign tours, says MEA treasury data
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Modi received gifts worth over 12 lakhs on foreign tours, says MEA treasury data
Aug 26, 2018 8:38 PM

Prime Minister Narendra Modi has received 168 gifts worth Rs 12.57 lakh during his foreign visits between July 2017 and June 2018, according to data of the Ministry of External Affairs' treasury. These gifts include a Montblanc wrist watch valued at 1.10 lakh, a silver plaque and set of Montblanc pens worth Rs 2.15 lakh and Rs 1.25 lakh, respectively, the Toshakhana (treasury) data on the ministry's website showed.

Share Market Live

NSE

The prime minister was also gifted figurines, paintings, books, photographs and a model of the bullet train, it said.

The Toshakhana stores gifts above a certain value.

During this period, the prime minister visited 20 countries, including Israel, Germany, China, Jordan, Palestine, the UAE, Russia, Oman, Sweden, the UK, Indonesia and Malaysia.

Modi also received crystal and silver bowls, replicas of the Pashupatinath and Muktinath temples of Nepal, shawls, figurines of gods and goddess, tea sets, carpets, cardigans, mufflers and fountain pens, among others, according to the data.

The prime minister also received a replica of a mosque valued at Rs 50,000 and a dagger worth Rs 20,000, it stated.

Gifts valued at over Rs 5,000 received by government officials representing India abroad are deposited in the treasury of the ministry.

First Published:Aug 27, 2018 5:38 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
United Airlines sees profit below estimates as travel spending dips
United Airlines sees profit below estimates as travel spending dips
Jul 16, 2025
CHICAGO (Reuters) -United Airlines on Wednesday forecast a lower-than-expected profit in the quarter through September as worries about rising living costs and an uncertain economic outlook have led to a pullback in discretionary travel spending. The Chicago-based airline, however, said it has seen an improvement in overall bookings in the current quarter from a quarter ago, with a double-digit acceleration...
Investors become inured to policy whiplash, Powell headlines cause limited reaction
Investors become inured to policy whiplash, Powell headlines cause limited reaction
Jul 16, 2025
NEW YORK (Reuters) -Investors are becoming more measured in their reaction to news about Trump's Washington policy, with Wednesday's whipsawing headlines over Federal Reserve Chair Jerome Powell triggering a reaction that fell short of what could happen if the Fed chair was indeed fired. The S&P 500 briefly fell as much as 0.7% and the dollar sank 0.9% on Wednesday...
Fed's Williams says tariff economic impact is only just starting
Fed's Williams says tariff economic impact is only just starting
Jul 16, 2025
NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams said Wednesday that monetary policy is in the right place to allow central bankers to monitor the economy before taking their next steps, and he warned that the impact of trade tariffs is only just starting to hit the economy. Maintaining this modestly restrictive stance of monetary policy...
Fed's Bostic: Recent data show price pressures may be building
Fed's Bostic: Recent data show price pressures may be building
Jul 16, 2025
WASHINGTON (Reuters) -Recent data on consumer inflation showed price pressures may be building in the wake of rising import taxes imposed by the Trump administration, Atlanta Fed president Raphael Bostic said on Wednesday. We may be at an inflection point, Bostic said a day after data for June showed prices rising faster than the month before, with particularly large increases...
Copyright 2023-2025 - www.financetom.com All Rights Reserved