India Insight

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

India can become world’s fifth-largest economy by decade’s end: Jim O’Neill

March 3, 2015

Goldman Sachs Asset Management Chairman Jim O'Neill speaks during the Reuters Investment Outlook Summit in LondonJim O’Neill, who coined the term BRICs to highlight emerging economic powerhouses Brazil, Russia, India and China, said India’s budget lacked a “wow” factor but was good enough to push the country on a path of 8 percent growth or more “for a long time”.

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.