India Insight

Liquor retailers toast online model in India

October 17, 2013

When Dhruv Khandelwal started working as an equity research analyst after finishing his MBA in the United States, he wanted to start an Indian financial services website. That changed when Khandelwal and his friends ran out of beer on a Sunday afternoon.

Stamp collecting stages quiet comeback in India’s digital era

October 11, 2013

Rajjesh Mittal spends 20 minutes each morning placing bids for postage stamps on eBay. The IT entrepreneur began flirting with philately, or stamp collecting, two years ago, and has become such an ardent collector that he wants to demonstrate his love for postage by getting a tattoo of independent India’s first commemorative postmark.

Interview: Chidambaram on Modi, Rahul Gandhi and becoming PM

By Reuters Staff
October 8, 2013

By John Chalmers, Frank Jack Daniel and Manoj Kumar

(This article is website-exclusive and cannot be reproduced without permission)

P. Chidambaram, now in his third stint as finance minister, spoke to Reuters about Narendra Modi and the 2014 elections in an interview on Monday ahead of a trip to the United States. Here are edited excerpts from the interview:

Interview: Chidambaram on the state of India’s economy

By Reuters Staff
October 8, 2013

By John Chalmers, Frank Jack Daniel and Manoj Kumar

(This article is website-exclusive and cannot be reproduced without permission)

The Indian government will have to rein in spending and cut subsidies to meet its fiscal deficit target, Finance Minister P. Chidambaram said on Monday, underlining that an austerity drive will not be blown off course by an election due next year.

Modi, Kejriwal become latest video game characters as developers focus on elections

October 4, 2013

Politicians are becoming the Super Mario Brothers equivalent for Indian video gamers as 2014 election fever starts to settle over the country.

Woody Allen stops “Blue Jasmine” India release because of anti-tobacco ads

October 3, 2013

(We have updated this post with a statement from Allen’s publicist)

Woody Allen’s latest movie “Blue Jasmine” will not debut in India this weekend after the filmmaker objected to anti-tobacco ads that the Indian government requires cinemas to play before and during movies that feature scenes with characters smoking.

Wedding photographers in India beat economic gloom

October 1, 2013

Rising costs and a slowing economy haven’t darkened the mood of wedding photographers in India. More couples than ever are willing to spend thousands of rupees on photo albums, pre-wedding shoots and videos, allowing photographers to take a bigger slice of India’s $30 billion weddings business.

Meet Prakash Tilokani, the man who clicks India’s rich and famous

October 1, 2013

When Prakash Tilokani started taking pictures at the age of 16, he had no clue that one day he would be the man behind the lens at India Inc’s weddings.

Markets this week: Sensex falls 2.6 percent, Jindal Steel slumps 9 percent

September 27, 2013

After rising for four consecutive weeks, the BSE Sensex fell 2.6 percent in the last five trading sessions, as a surprise repo rate hike by the Reserve Bank of India (RBI) on Sept. 20 dampened investor confidence and battered banking shares.

Social media not a game changer in 2014 elections

September 25, 2013

By Aditya Kalra and David Lalmalsawma

Political parties in India are relying more on social media ahead of the 2014 election as a way of increasing voter support, even though politicians in general do not expect such efforts to significantly influence election results.