India Insight

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.

A look at India’s last five annual budgets

February 17, 2015

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The countdown has begun for the biggest business and economic event of the year – the release of India’s annual budget on February 28. Finance Minister Arun Jaitley is under pressure to unveil reforms that will put the country’s economy on a path of 7-8 percent growth over the next two years.

Cheap MPV may not be the + Datsun needs to GO ahead in India

February 3, 2015

Datsun GO+ is seen in a car showroom in Noida on the outskirts of Delhi. Pciture by Sankalp PhartiyalNissan Motor Co Ltd hopes to boost its low-cost Datsun car brand in India with a new compact multi-purpose vehicle, or MPV, but the Japanese automaker might need to make inroads into smaller cities and the countryside if it wants to revive sales.

‘I am very disillusioned.’ India’s film censor quits over ‘MSG’

January 16, 2015

India’s film censor board chief Leela Samson quit her post on Friday after a government tribunal reversed the board’s decision to prevent the release of a film about a Sikh religious leader for portraying him as a god, which they fear could offend other Sikhs.

A Minute With: Bipasha Basu

January 15, 2015

In an industry that typically sidelines actresses as they age, Bipasha Basu has reinvented herself, going from sex symbol to the queen of Bollywood horror movies, a genre that most mainstream stars avoid. Basu, 36, has found success in several horror films in recent years. Basu’s latest is a remake of the Thai film “Alone,” about a woman whose dead twin comes back to haunt her and her husband. She spoke to Reuters about the film, why she does horror, and her worst fear in real life.

Photos from the exhibition of the relics of St. Francis Xavier

By Karen Rebelo
January 5, 2015

Among the throngs of tourists who visited India’s beach state of Goa to usher in the new year, many visited for a different reason than the usual beach scene, raves and holiday revelry. Thousands upon thousands of Christians and people of other faiths braved the heat and long lines to view the relics of Saint Francis Xavier at church of the Bom Jesus Basilica in Old Goa. Francis Xavier’s body, which the faithful say has not fully decomposed since his death in 1552 has always attracted visitors to the former Portuguese colony.