For all its single-minded focus on lowering inflation, India's central bank may be forced to acknowledge slowing growth in Asia's third largest economy by cutting interest rates -- probably faster than it expected.
A dubbed fantasy epic that charmed millions of Hindi-speaking moviegoers this month has startled the Indian film industry, with box-office analysts viewing the movie’s record-breaking run as a wake-up call for Bollywood.
India’s aviation sector is dominated by low-cost carriers such as IndiGo and SpiceJet but Niyant Maru, chief financial officer of India’s newest airline Vistara, says there is room for growth in the full-service carrier segment as increasing prosperity leads to demand for quality in-flight services.
India 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.
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.
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.
(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.