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from India Insight:

Doctors seek home-grown deterrents in India’s diabetes fight

From yoga and fenugreek powder to mobile messaging, diabetes experts in India are searching for local and cost-effective methods to fend off the disease as it affects ever more numbers of people in the country.

India is home to more than 60 million diabetics, a number that the Research Society for the Study of Diabetes in India (RSSDI) estimates will cross 85 million in 2030, or nearly 8 percent of the country’s population today.

Among the reasons for the rising number of cases is an increasing tendency toward sedentary lifestyles that have accompanied growing economic prosperity, as well as genetic predispositions in a country already known for its sweet tooth.  Doctors told India Insight that in 1975 -- when India’s GDP was around $100 billion -- only about 1.5 percent of its population had diabetes. Today's percentage is more in line with developed nations such as the United States at 8.3 percent and France at 5 percent.

While experts say initiatives such as promoting physical fitness, healthy eating and restricting sales of junk food and cola near schools help prevent diabetes, some doctors in India are hunting for remedies that they think are better suited to that country.

from India Insight:

Real estate offers lure some Indian buyers

For around a year, Girish Kale was flirting with the idea of buying his dream house. His budget of 3.5 million to 4 million rupees ($56,000-$64,000) wasn't going to work for Mumbai, where the kind of house the auto industry professional wanted would cost upwards of 10 million rupees.

Kale, who currently lives in a rented flat in Kandivali suburb, turned instead to Pune, a university city 150 kilometres away, with a plan to opt for a so-called 80:20 payment scheme. Such schemes allow the buyer to pay 20 percent of the property’s cost initially and the remaining amount on possession after construction.

However, when the Reserve Bank of India issued a directive on Sept. 4 restricting some of these schemes, Kale’s broker put them on the back burner. The central bank’s directive might have disappointed buyers, but some still want to invest in property.

from Expert Zone:

Mall developers take to revenue-sharing to woo retailers

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Over the last five to seven years, the retail segment in India has evolved towards a more organized pricing structure. After the real estate boom of 2005-06, when property prices increased to as much as 40 percent of a retailer’s operating costs, developers seemed more willing to share the business risk. They moved from a per-square-foot rental model to versions of the minimum guarantee and/or the revenue share model. Most investment-grade properties in major cities now follow this model, unlike shopping centres in smaller cities.

In the original model, rentals varied depending on the store and location. But with increased brand awareness and rising vacancies, developers saw the need for a customized tenancy mix, adopting efficient mall management techniques while protecting retailer interests to maximize their own earnings.

from The Human Impact:

Why India’s Mars mission matters, despite poverty

There has been much fanfare over the launch of India's first rocket to Mars - a mission which, if successful, will position the Asian nation as a major player in the global space race.

For days last week, local television news channels broadcast constant updates as the Indian Space Research Organisation readied to send "Mangalyaan" – the “Mars-craft” – to the red planet.

from India Insight:

Markets this week: Sensex loses 2.7 percent, SBI falls 7.5 percent

Hurt by profit-taking in blue chips, the BSE Sensex posted its worst weekly decline since August as it lost 2.7 percent in a holiday-truncated week.

On Thursday, shares were hurt after ratings agency Standard & Poor's said it will review the rating of Asia’s third-largest economy after the new government lays out its policy agenda next year. The agency’s outlook on rating remains negative.

from India Insight:

Indian women get a new look, with some help from Pernia Qureshi

In a country where styling has not always been recognized as a worthy craft, Pernia Qureshi has put her profession at the forefront of Bollywood fashion.

Qureshi styled actress Sonam Kapoor for 2010's "Aisha", ushering in trendy outfits paired with designer handbags that overshadowed the film, a modern-day take on Jane Austen's "Emma".

from India Insight:

Equity mutual funds record best monthly performance since Jan 2012

India's diversified equity funds posted their best monthly performance since Jan 2012 as the benchmark Sensex scaled record highs in October, with bets on sectors such as banking and capital goods boosting mutual fund returns.

Such schemes, which form the largest category of equity funds in India by number and assets, rose 9.2 percent on average, mirroring returns on the 30-share BSE Sensex, data from fund tracker Lipper, a Thomson Reuters company, showed.

from India Insight:

India’s mission to Mars at a glance

India's Mars Orbiter Mission, the country's first interplanetary foray, is billed as a pathfinder to test technologies to fly to orbit and communicate from the Red Planet. It follows India's successful 2008-2009 Chandrayaan-1 moon probe, which discovered water molecules in the lunar soil.

Here are some facts about the project:

    One of the objectives is to develop the technologies required for design, planning, management and operations of an interplanetary mission. The mission aims to explore Mars surface features, morphology, mineralogy and search for methane in the Martian atmosphere using indigenous scientific instruments. Payloads on the satellite include instruments for studying the atmosphere, particle environment and surface imaging. These include the Lyman Alpha Photometer, a methane sensor, a composition analyser, a camera and an imaging spectrometer. The Polar Satellite Launch Vehicle will launch the 1,337 kg Mars Orbiter satellite as part of its 25th mission. The satellite is scheduled to reach the Mars orbit in September 2014 and is designed to circle the Red Planet in an elliptical orbit of 366 km X 80,000 km. The total cost of the Mars mission is $73 million.

Source: Reuters, Indian Space Research Organisation. More info here

from India Insight:

Pricey onions mean more tears for businesses, public

By Anupriya Kumar and Arnika Thakur

Onion prices recently reached 100 rupees per kilogram ($1.62) in some parts of New Delhi. It is hard to emphasize enough how prices like that are hurting businesses and the public. Onions are one of India's staples, and people consume 15 million tonnes of them a year. Now, many people can't afford to buy as many as they need – or any at all.

The government’s efforts to ease the price, which has quadrupled in some cities in the past three months, are unlikely to succeed. Heavy rains have reduced crop yields and delayed harvesting. Now, the average price of onions in India is 83 rupees per kilo, Delhi Chief Minister Sheila Dikshit said in an interview with Reuters published on Wednesday.

from Expert Zone:

India-Pakistan border flare-up a zero-sum game

(Any opinions expressed here are those of the author, and not necessarily of Thomson Reuters)

At places along the Line of Control (LoC), barely a wire separates the Indian soldier and his Pakistani counterpart. The genesis of the recent flare-up was the killing of five Indian soldiers on the Indian side of the LoC. The media blitz in Delhi found more fodder with a spike in infiltration attempts and exchange of fire beyond the LoC at posts across the international border.

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