Correspondent, New Delhi
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Sep 25, 2013

Singh, Sharif to meet in New York as Kashmir simmers

NEW DELHI (Reuters) – Prime Minister Manmohan Singh and Pakistan’s Nawaz Sharif will meet this week on the sidelines of the United Nations General Assembly, Singh said on Wednesday, amid heightened tension between the neighbours over Kashmir.

Analysts expect the meeting will address a series of fatal clashes along the Line of Control dividing the Himalayan region between India and Pakistan, events that followed a pact by the two nations to resume stalled talks to strengthen ties.

Sep 23, 2013

Lamborghini bullish on U.S. and India as crackdown hits China sales

NEW DELHI (Reuters) – Italian car maker Lamborghini will struggle to find another China as sales of its super sports cars in the world’s biggest auto market have hit the skids due to a government campaign against conspicuous spending.

Automobili Lamborghini SpA, owned by Germany’s Volkswagen AG (VOWG_p.DE: Quote, Profile, Research, Stock Buzz), however, sees long-term potential in the nascent Indian market and hopes better-than-expected sales in the United States, its biggest market, will offset the China sales slowdown, Chief Executive Stephan Winkelmann said.

Sep 20, 2013

India’s gold imports to resume, ends 2-month impasse

NEW DELHI, Sept 20 (Reuters) – India’s gold imports will
resume immediately after a two-month gap as the government and
banks sorted out how new rules on overseas purchases should work
at a high-level meeting on Friday, a trade ministry source told

Monthly shipments by the world’s top importer are however
unlikely to be even a quarter of May’s record volumes and annual
imports will be sharply down, helping India cut a bulging
current account deficit and support the weak rupee.

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    • About Anurag

      "Anurag covers money, politics and general news based in New Delhi. He joined Reuters in 2008 in Bangalore and covered U.S.-based companies for a little over two years. In the Indian capital, he covered the dynamic Indian aviation industry before moving to his current role. Born and brought up in the beautiful town of Jorhat in Assam, Anurag loves cricket, Bollywood and is a social media addict. When he’s not chasing high-flying CEOs and bureaucrats, Anurag likes to unwind with films and Assamese poetry."
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