India Insight

Transgenders search for identity and a bank account in India

June 22, 2015

When Balasubramaniam went to the bank to open a savings account, she had to say she was a man.

from MacroScope:

India’s central bank nearing policy crossroads

June 11, 2015

Traffic moves at busy intersection in New DelhiThe Reserve Bank of India is facing a fork in the road for the first time since Governor Raghuram Rajan took office amid much fanfare and started targeting inflation as the central bank's primary mandate.

IMD monsoon forecast overweighing El Nino – Skymet CEO

By Reuters Staff
June 3, 2015

People run to take shelter during a heavy monsoon shower in New Delhi August 28, 2014. REUTERS/Adnan Abidi/FilesIndia has cut this year’s monsoon forecast to 88 percent of the long-term average, prompted by the El Nino climate phenomenon and raising fears of the country’s first drought in six years. This makes India’s agriculture sector vulnerable with nearly half of farmland lacking irrigation.

Bollywood holds breath as Salman Khan faces jail

May 5, 2015

(UPDATE: Salman Khan sentenced to five years in prison in hit-and-run case)

A guilty verdict for Salman Khan on Wednesday in a 13-year-old hit-and-run could derail some of Bollywood’s most prized projects if India’s most bankable actor is put behind bars.

China? India? We’re grateful for their help: Nepal’s ambassador to India

By Reuters Staff
April 28, 2015

By Mayank Bhardwaj and Ratnajyoti Dutta

A 7.9-magnitude earthquake jolted Nepal and parts of northern India on Saturday, killing more than 4,300 people and injuring thousands more. It is the most destructive earthquake that Nepal has suffered since 1934. Several countries have offered relief, most notably China and India. The rival nations, which together surround Nepal, have made an effort to woo the stricken nation even as they eye each other from their own borders.

Movie Review: Court

April 17, 2015

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

Chaitanya Tamhane‘s “Court” is a chronicle of the mundane – a housewife cooks dinner, a lawyer reads something in a monotone, another character shops for groceries. Yet, it is through the mundane that Tamhane weaves magic. “Court” is a rare film that creates drama out of the humdrum lives of ordinary people, whose limited world view and biases affect the lives of others in more ways than they can imagine.

100 ‘smart cities’? Getting just one done will be a challenge

April 15, 2015

Prime Minister Narendra Modi’s plan to build 100 “smart cities” by 2022 to decongest existing urban centres probably will take longer to achieve. Reuters visited the foundations of one of these cities in Gujarat, a finance centre called Gujarat International Finance Tec-City (GIFT).

Rafale deal an unmitigated disaster – Bharat Karnad of CPR

By Reuters Staff
April 13, 2015

Rafale fighter jet performs during the Aero India air show at Yelahanka air base in BengaluruIndia has ordered 36 “ready-to-fly” French-made Rafale fighter jets to modernise the country’s ageing warplane fleet. But Bharat Karnad, a research professor at the Centre for Policy Research (CPR) in New Delhi, said the deal with French manufacturer Dassault Aviation is a disaster that will not meet the immediate needs of India’s air force.

Repo cut of 25-50 bps likely by September – Shubhada Rao of Yes Bank

By Reuters Staff
April 8, 2015

The Reserve Bank of India kept interest rates unchanged in its bi-monthly review on Tuesday, waiting to assess inflationary pressures and giving banks time to reflect on the central bank’s previous cuts in lending rates.

from The Great Debate:

Is this film really so shocking that 1.3 billion people should never be allowed to see it?

By Ananya Bhattacharyya
March 6, 2015

Akshay Thakur, one of the four men who were sentenced to death for the rape and murder of a young woman on a bus last December, disembarks a police vehicle outside a court in New Delhi

Akshay Thakur (top), one of the four men who were sentenced to death for the rape and murder of a young woman on a bus last December, disembarks a police vehicle outside a court in New Delhi September 24, 2013. REUTERS/Stringer