Correspondent, New Delhi
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Apr 3, 2013
Apr 3, 2013
Apr 3, 2013
Apr 3, 2013
Apr 3, 2013
Apr 3, 2013
Apr 3, 2013

PM says downturn passing, asks industrialists for faith

NEW DELHI (Reuters) – Prime Minister Manmohan Singh urged business leaders on Wednesday to keep faith in his Congress-led government’s efforts to improve a dire investment climate, without giving details of fresh steps to bring about a recovery in the sagging economy.

In a rare speech to the nation’s top businessmen, Singh said the downturn that has dragged growth in Asia’s third largest economy to a decade-low of around 5 percent was temporary and the mood among businessmen overly pessimistic.

Apr 3, 2013

Check-in delayed for Delhi airport hotels over security

MUMBAI/NEW DELHI, April 3 (Reuters) – The 287-room Lemon
Tree Premier hotel at Delhi’s Indira Gandhi International
Airport features a dramatic view of planes landing and taking
off, but it has no guests to see them.

The hotel – one of 12 built or planned next to India’s
busiest airport at a cost totalling more than $2 billion – has
been unable to open as it awaits security clearance from police
worried about its proximity to an active runway. The cluster of
hotels known as Aerocity, on a site bigger than 40 American
football fields, was approved by the government six years ago.

Apr 3, 2013

Indian PM says downturn passing, asks industrialists for faith

NEW DELHI, April 3 (Reuters) – Indian Prime Minister
Manmohan Singh urged business leaders on Wednesday to keep faith
in his Congress-led government’s efforts to improve a dire
investment climate, without giving details of fresh steps to
bring about a recovery in the sagging economy.

In a rare speech to the nation’s top businessmen, Singh said
the downturn that has dragged growth in Asia’s third largest
economy to a decade-low of around 5 percent was temporary and
the mood among businessmen overly pessimistic.

Apr 2, 2013
    • 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."
      Joined Reuters:
      2008
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