As India’s capital baked under a heat wave this month, banker Gaurav Gupta sat down for lunch at a new air-conditioned restaurant, and was greeted by a smiling waiter who offered him chilled water and took his order — a traditional “thali” meal of flatbread, lentils, vegetables, rice and pickle.
India has the third-highest number of people living with HIV in the world, with 2.1 million Indians accounting for four of every 10 people infected in Asia, the United Nations said in a report on Wednesday.
Arun Jaitley’s first budget as India’s finance minister should allow individual taxpayers to invest more money in vehicles such as government savings bonds, mutual funds and employee savings plans, and provide them with tax credits that would bolster their savings and boost economic growth, tax experts say.
India’s automobile sector may have been dented by negative sales for two straight years, but the Society of Indian Automobile Manufacturers (SIAM) is hoping to see an uptick in sales this fiscal year.
The Congress party-led government that drafted the Right To Information (RTI) Act in 2005 touted the law as one of its success stories for the average Indian in the last election. Whether it played any role in the election’s outcome is difficult to say, but activists who specialize in RTI requests throughout India say that government workers have found many ways to frustrate their attempts to get responses to their questions.
The 2012 Delhi bus rape case and an ever-longer list of rapes and murders in India have prompted politicians and public figures in India to cite plenty of implausible reasons why rape happens and why men brutalise women or portray women in ways that suggest they had it coming. Many people, when speaking out, tend to minimise the crime or rationalise it in ways that sound ludicrous to many. We created this list of such comments more than a year ago, but it seems like it’s time to add some new entries.
Indian stock markets rallied to record highs in May with the benchmark BSE Sensex breaching the 25,000 mark for the first time after Narendra Modi won a clear mandate to govern Asia’s third-largest economy.
India’s diversified equity funds outperformed the broader markets in May and recorded their best monthly performance in five years, as stocks rallied on hopes of an economic revival after the Narendra Modi-led Bharatiya Janata Party (BJP) won a decisive election mandate.