India Insight

from Pakistan: Now or Never?:

Despite rising India-Pakistan tensions, little planning for the next big crisis

August 12, 2013

In the very early days after the Sept 11 attacks on the United States, some in India, for the briefest of moments, believed Washington might be coming around to its point of view: that the problem and source of “cross-border terrorism” lay in Pakistan. Instead, an aggrieved India was forced to look on as Washington turned to its old ally Pakistan to help it fight the war in Afghanistan.

Nagpal case highlights challenges for civil servants in India

August 11, 2013

(Any opinions expressed here are not of Thomson Reuters)

How does a civil servant survive India’s labyrinthine government bureaucracies? The question has come up again after the government of Uttar Pradesh suspended an employee and charged her with illegally allowing the demolition of a wall that was going to form part of a mosque.

Markets this week: BHEL, Sun Pharma top Sensex losers

By Reuters Staff
August 8, 2013

By Ankush Arora and Sankalp Phartiyal

It was a tough week for Indian shares with the benchmark indexes bearing the brunt as the rupee tumbled to a fresh all-time low of 61.80 versus the dollar on Tuesday. Fears of the U.S. Federal Reserve tapering its stimulus also weighed on street sentiment. The BSE Sensex and the Nifty ended down around 2 percent each during the week.

Little public outrage as politicians unite against transparency

August 8, 2013

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

India’s political parties are united, for a change. It’s not over women’s safety or how many poor people the country has. They have closed ranks against moves to make parties accountable under the Right to Information (RTI) law.

India’s energy price reforms face hurdles

August 8, 2013

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

India has raised gas prices and also made it easier for power companies to pass on the rising costs of imported coal to customers – two policy steps aimed at boosting fuel supplies and helping to minimize the country’s chronic power shortages.

The BJP and the Congress: a muddled economic ideology

By Shailesh Chitnis
August 5, 2013

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

As debates in India go, the one between Amartya Sen and Jagdish Bhagwati – two of India’s leading economists – has been fairly civil. Not the belligerent speeches or noisy protests that characterise public discourse in the country. Instead, this battle of ideas is taking place in the rarefied circle of the nation’s think tanks and financial pages, with economists, writers and policy makers weighing in. But the civility cannot mask the intensity on both sides; moving beyond economic data and models, the debate has become personal. At stake is a very powerful question – what is the best way to improve the lot of India’s citizens?

India’s Telangana fight explores new frontiers in political attack ads

August 4, 2013

(Note to readers: contains slightly graphic language and an aggressively provocative image.)

Deficit? What deficit? India makes a golden version of everything

August 2, 2013

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

Indians use gold for all sorts of things. As the world’s biggest gold consumer, its citizens use coins, bars and jewellery  as gifts, dowries and investments that are literally more solid than a share in a company. The ill effect that this has on India’s current account deficit has led the government to try to curb demand.  Here are a few examples of demand that nobody can seem to curb.

Markets this week: Coal India, ITC top Sensex losers

August 2, 2013

The BSE Sensex lost 3 percent in the week ending Aug. 2, extending its losses from the previous week and marking its biggest weekly fall since mid-March.

Interview: Have to ensure women feel safe, says Delhi’s new police chief

By Reuters Staff
July 31, 2013

(Disclaimer: This interview is website-exclusive and cannot be reproduced in any form without prior permission)