India Insight

Govt’s priority should be to kickstart economy: Ex-Infosys CFO Balakrishnan

By Reuters Staff
February 26, 2015

Workers are pictured beneath clocks displaying time zones in various parts of the world at an outsourcing centre in BangaloreFinance Minister Arun Jaitley has the tough task of balancing the need to boost spending and maintaining fiscal discipline when he presents the annual budget on Feb. 28. Former Infosys CFO V. Balakrishnan says the government’s main priority should be to revive the economy by loosening up its purse strings and the country could live with a “slightly higher fiscal deficit.”

Ecosystem for “Make in India” does not exist: Rajeev Karwal of Milagrow

By Reuters Staff
February 25, 2015

India's PM Modi gestures as Sitharaman, Minister of state for Commerce and Industry, Mishra, Minister of Micro, Small and Medium Enterprises and Geete, Minister of Heavy Industries and Public Enterprises, look on during the launch of 'Make in India' campaiThe upcoming budget is expected to give a boost to the government’s “Make in India” campaign, the centrepiece of PM Narendra Modi’s plan to create jobs and rejuvenate the economy. But Rajeev Karwal, founder of technology and consulting firm Milagrow, says the “ecosystem” to transform India into a manufacturing hub does not exist because of an absence of government support and incentives.

A look at India’s last five annual budgets

February 17, 2015

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The countdown has begun for the biggest business and economic event of the year – the release of India’s annual budget on February 28. Finance Minister Arun Jaitley is under pressure to unveil reforms that will put the country’s economy on a path of 7-8 percent growth over the next two years.

Cheap MPV may not be the + Datsun needs to GO ahead in India

February 3, 2015

Datsun GO+ is seen in a car showroom in Noida on the outskirts of Delhi. Pciture by Sankalp PhartiyalNissan Motor Co Ltd hopes to boost its low-cost Datsun car brand in India with a new compact multi-purpose vehicle, or MPV, but the Japanese automaker might need to make inroads into smaller cities and the countryside if it wants to revive sales.

‘I am very disillusioned.’ India’s film censor quits over ‘MSG’

January 16, 2015

India’s film censor board chief Leela Samson quit her post on Friday after a government tribunal reversed the board’s decision to prevent the release of a film about a Sikh religious leader for portraying him as a god, which they fear could offend other Sikhs.

A Minute With: Bipasha Basu

January 15, 2015

In an industry that typically sidelines actresses as they age, Bipasha Basu has reinvented herself, going from sex symbol to the queen of Bollywood horror movies, a genre that most mainstream stars avoid. Basu, 36, has found success in several horror films in recent years. Basu’s latest is a remake of the Thai film “Alone,” about a woman whose dead twin comes back to haunt her and her husband. She spoke to Reuters about the film, why she does horror, and her worst fear in real life.

Photos from the exhibition of the relics of St. Francis Xavier

By Karen Rebelo
January 5, 2015

Among the throngs of tourists who visited India’s beach state of Goa to usher in the new year, many visited for a different reason than the usual beach scene, raves and holiday revelry. Thousands upon thousands of Christians and people of other faiths braved the heat and long lines to view the relics of Saint Francis Xavier at church of the Bom Jesus Basilica in Old Goa. Francis Xavier’s body, which the faithful say has not fully decomposed since his death in 1552 has always attracted visitors to the former Portuguese colony.

Time for Indian bowlers to smell the coffee

January 4, 2015
India's Ishant Sharma bowls during the first cricket test match against England at Trent Bridge cricket ground in Nottingham, England July 11, 2014.   REUTERS/Philip Brown

India’s Ishant Sharma bowls during the first cricket test match against England at Trent Bridge cricket ground in Nottingham, England July 11, 2014. REUTERS/Philip Brown

Dhoni: the legacy of a cricket champion

December 31, 2014

India's Mahendra Singh Dhoni chases a pigeon off the pitch during the fifth cricket test match against England at the Oval cricket ground in London August 15, 2014. REUTERS/Philip Brown/Files

(This essay is commentary. Opinions expressed here are those of the author, and not necessarily those of Thomson Reuters Corp.)

Revisiting Bangladesh, 43 years after the independence war

December 23, 2014

The Colonel WhoWhen Indian-born journalist Salil Tripathi visited Dhaka University’s Jagannath Hall in Bangladesh two years ago, he noticed an epitaph that had “PAKISTANI” etched in bold on a memorial dedicated to students who were killed in the 1971 war of independence.