India Insight

L&T Infra Finance CEO upbeat on India’s economic recovery by 2015

By Swati Pandey
May 31, 2013

India’s economy recorded its slowest growth in a decade in the fiscal year ending in March but the CEO of L&T Infrastructure Finance, that provides loans to companies such as Jaypee Group to develop roads and other infrastructure, is hopeful of an economic turnaround in less than two years that will boost business prospects.

Tracking Sensex: Top gainers, losers in May

By Reuters Staff
May 31, 2013

By Aditya Kalra and Ankush Arora

Key stock indexes eked out small gains in the month of May, with the BSE Sensex gaining 1.3 percent and the Nifty rising almost 1 percent.

In a mixed year for lenders, IndusInd Bank shines

May 31, 2013

Rate cuts by the Reserve Bank of India, new bank licence norms, bad loan worries and money laundering accusations – Indian banks are firmly in the public eye in 2013.

Smokers ignore India’s public smoking ban

May 30, 2013

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

Biocon chief Kiran Mazumdar-Shaw among Asia-Pacific’s biggest givers

May 30, 2013

Biocon chief Kiran Mazumdar-Shaw and Bollywood mogul Ronnie Screwvala are among the most generous people in the Asia Pacific, according to a Forbes Asia list of the region’s philanthropic heroes.

Who are India’s Maoists and why they are in the news

By Reuters Staff
May 29, 2013

By Shashank Chouhan and Sankalp Phartiyal

Here’s a ready reckoner on the Maoist movement in India.

WHO ARE THE MAOISTS?

The Maoists, also known as Naxals in India, are inspired by the political philosophy of China’s late Chairman Mao Zedong. They say they are fighting for the rights of poor farmers and landless labourers. In 2004, several Maoist groups merged to form the Communist Party of India (Maoist), which is now the largest left-wing extremist organization in the country. Their aim is to overthrow the state and usher in a classless society. The Maoists are banned in India. They are not to be confused with the mainstream communist parties in India who regularly get elected to legislatures and parliament.

India GDP: What the economists are predicting

May 29, 2013

Investors and policymakers will be closely watching India’s fourth-quarter and full fiscal year 2012/13 gross domestic product (GDP) growth figures on Friday.

Tata Power scouts for opportunities abroad

May 29, 2013

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

Indian television getting too hot to handle

May 28, 2013

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

Mumbai blames lingerie-clad mannequins for sex crimes

May 28, 2013

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