India Insight

Fitch revises India outlook; recent views of other rating agencies

June 12, 2013

Fitch Ratings revised India’s sovereign rating outlook to “stable” from “negative” on the back of measures taken by the government to contain the budget deficit, it said in a statement on Wednesday. The rating agency had cut India’s outlook to negative in June 2012 and currently has a BBB- rating for the country.

The biggest losers in India’s economic slowdown

By Shailesh Chitnis
June 6, 2013

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

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.

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.)

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.

Reliance Industries posts biggest single-day gain since Sept 2012

May 27, 2013

Reliance Industries, India’s third-biggest company by market capitalization, surged more than 5 percent on Monday, after the conglomerate and its partners said on Friday they had made a significant gas discovery in the KG-D6 block.

Tracking Sensex: Top five losers, gainers this week

By Reuters Staff
May 24, 2013

By Sankalp Phartiyal and Aditya Kalra

It was a tough week for Indian shares as the BSE Sensex fell nearly 3 percent and the Nifty lost 3.3 percent as U.S. Federal Reserve chief Ben Bernanke’s suggestion that stimulus measures may be scaled back at one of their next few meetings dented sentiment.

Tracking Sensex: Top five gainers, losers this week

May 10, 2013

The BSE Sensex ended above the 20,000 mark on Friday after gaining 2.6 percent in the last five trading sessions. The index has now risen for four straight weeks. Here are the top five Sensex gainers and losers of the week:

from Photographers' Blog:

India’s missing daughters

May 9, 2013

New Delhi, India

By Mansi Thapliyal

Atika, 10, woke up early one morning in August 2008 and was sent by her mother to buy a few items from a nearby shop. She returned and told her mother she would prepare tea for her father before quickly going to use a communal toilet close to her house. She never returned.