India Insight

Pricey dollar puts South Africa, Australia on Indian tourists’ maps

August 29, 2013

When Aparupa Ganguly visited South Africa in 2007, the country’s topography and wildlife made such an impression on the communications professional that she couldn’t wait to come back. Ganguly got her wish six years later – thanks to a stable rand.

Bharti Airtel, NTPC top Sensex losers this week

By Reuters Staff
August 23, 2013

By Sankalp Phartiyal and Ankush Arora

The BSE Sensex recovered on Thursday and Friday after the index lost around 700 points in the first three trading sessions of the week. However, the index still ended down 0.4 percent as a weak rupee, concerns over foreign flows and uncertainty over the end of the U.S. Fed’s stimulus plan kept investors on the edge.

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.

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.

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.

Tracking Sensex: L&T top loser this week

By Reuters Staff
July 26, 2013

By Aditya Kalra and Sankalp Phartiyal

The Sensex lost 2 percent and the Nifty slipped 2.3 percent in a tough week for stocks as Indian markets remained cautious ahead of the Reserve Bank of India (RBI) policy review on July 30.

A look at some of India’s cheap food schemes

July 23, 2013

Nearly 70 percent of India’s population lives on less than $2 (around 120 rupees) a day, according to World Bank data. The country, the world’s second-largest producer of wheat and rice after China, is also home to a quarter of the world’s hungry.

Tracking Sensex: top gainers, losers this week

July 19, 2013

It was a good week for Indian shares as the BSE Sensex gained 1 percent to close at 20,149.85, after the index touched a near two-month high during trade on Friday. The rupee gained for the second week and ended at 59.35/36 after rising 0.3 percent.