India Insight

Real estate offers lure some Indian buyers

November 14, 2013

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.

Remembering Reshma, Pakistan’s ‘first lady’ of folk music

November 9, 2013

Folk singer Reshma was born in 1947, the historic year when India and Pakistan gained independence from British rule. She was born in India, but her family migrated to Pakistan when she was a month old. Small wonder, then, that Reshma’s unconventionally husky voice won admirers on both sides of the international border.

State Elections in India: Opinion polls and 2008 results

November 8, 2013

India will hold state elections in Chhattisgarh, Madhya Pradesh, Mizoram, Rajasthan and Delhi, starting November 11. The polls are seen as a warm-up for next year’s national elections.

India negotiating to bring back stolen antiques: ASI

November 8, 2013

India plans to step up its efforts to bring back Indian artefacts from other countries after the recent repatriation of a 10th century “Yogini” stone sculpture from Paris.

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

November 8, 2013

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.

Movie review: Satya 2

November 8, 2013

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

To expect Ram Gopal Varma’s “Satya 2” to be even half as good as the original is unfair, given the filmmaker’s recent work, but even Varma’s staunchest supporters would find it difficult to defend his latest atrocity of a film.

Anand, and India, stand in Carlsen’s path to chess glory

November 7, 2013

Magnus Carlsen is the world’s number one chess player but that counts for little in India, where he’ll have to conquer local favourite Viswanathan Anand to become the first world chess champion from the West in nearly 40 years.

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

November 7, 2013

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.

Interview: Narendra Modi has marginalized his own party – Jairam Ramesh

By Reuters Staff
November 5, 2013

By Frank Jack Daniel, Jo Winterbottom and Mayank Bhardwaj

Jairam Ramesh, the rural development minister in the Congress-led government, told Reuters on Tuesday that Narendra Modi’s career reminded him of the rise of the Third Reich, the strongest comments yet by a minister of his rank on the Bharatiya Janata Party leader.

Equity mutual funds record best monthly performance since Jan 2012

November 5, 2013

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.