India Insight

Connecting borrowers and lenders: Indians try peer-to-peer model

December 4, 2013

Srinivas Porika tried for months to get a loan of 250,000 rupees ($4,000) to pay for his sister’s wedding, but every bank he tried turned him down. The problem: Porika’s employer, a tech start-up company, was not on the banks’ lists of pre-approved companies.

Equity funds outperform in November; smaller shares rise

December 3, 2013

India’s diversified equity funds bucked the trend in the broader markets to eke out gains in November, as a strong performance by mid- and small-cap shares and sectors such as capital goods supported unit values.

India should widen focus to migrants in AIDS fight – U.N.

December 1, 2013

India has been “fairly successful” in fighting AIDS by targeting key affected populations such as intravenous drug users, transgendered people, sex workers and homosexuals, but its focus must broaden to high-risk mobile communities to keep the disease under control, the United Nations said.

India’s political parties pump up the radio volume

November 29, 2013

Anyone who keeps a radio turned on in India’s National Capital Region knows that election fever has settled on Delhi ahead of the Dec. 4 state polls. The ruling Congress party, main opposition Bharatiya Janata Party (BJP) and newcomer Aam Aadmi Party (AAP) are betting big on radio campaigning — a medium that reaches millions of people across economic classes and backgrounds.

Magnus Carlsen dethrones Viswanathan Anand as world chess champion

November 22, 2013

World number one Magnus Carlsen toppled local favourite Viswanathan Anand in Chennai to add the world chess championship title to his already impressive resume on Friday.

Sesa Sterlite, Bajaj Auto top Sensex losers this week

November 22, 2013

The BSE Sensex posted a third consecutive weekly fall, closing nearly 1 percent lower amid persisting worries over the slowdown in foreign investors’ buying into Indian shares.

Movie Review: Gori Tere Pyaar Mein

November 22, 2013

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

In Punit Malhotra’s “Gori Tere Pyaar Mein”, a woman with no medical training deems it fit to deliver a baby; an architect who hasn’t worked for years thinks he’s capable of building a bridge (who needs engineers?); and rich, privileged people feel better about themselves when they throw money at poor children.

Obsessed Rajnikanth fans get their own cinematic tribute

November 21, 2013

The scene is in a theatre in Chennai. The lights go off and the screen flickers. The first images appear on screen, and the crowd goes nuts — jumping in their seats, screaming incoherently. There is pandemonium, and the movie hasn’t even started.

Stan Lee bets on India for latest superhero success

November 20, 2013

Legendary comic book writer Stan Lee has someone in mind that he would like to popularize as much as his 1960s co-creation “Spider-Man”: “Chakra, the invincible!” said the 90-year-old Lee, his voice booming with the excitement of a freshman working on his first project.

Indian superhero should have been created long time ago – Stan Lee

November 20, 2013

Best known for his comic book superheroes that have been adapted into big Hollywood movies, veteran American writer Stan Lee is set to make his India debut.