India Insight

Markets this week: Sensex up marginally, Axis Bank gains 4.7 percent

January 24, 2014

After registering record closing highs, the BSE Sensex ended with small weekly gains as the index fell sharply on Friday after the RBI governor’s strong comments on inflation dented sentiment.

Markets this week: Sensex up 1.5 percent; BHEL, Infosys jump 5 percent

January 17, 2014

By Ankush Arora and Aditya Kalra

The BSE Sensex gained 1.5 percent this week, its first weekly gain in 2014, as easing headline inflation data raised hopes the Reserve Bank of India would keep interest rates unchanged at its Jan. 28 meet.

Sensex performers in 2013: TCS surges 73 percent, Sun Pharma gains 54 percent

December 31, 2013

By Aditya Karla and Sankalp Phartiyal

The BSE Sensex ended 2013 with gains of 9 percent after hitting life highs during the year. The benchmark index touched an all-time high of 21,483.74 on Dec. 9 after falling to a 2013 low of 17,448.71 in August.

Markets this week: Sensex falls 1.3 percent, BHEL slumps nearly 10 percent

December 13, 2013

By Ankush Arora and Aditya Kalra

The BSE Sensex fell 1.3 percent in the week ending Dec. 13 after high retail inflation raised fears of a rate hike. Eight of 10 analysts in a poll on Friday said they expected the central bank to raise the repo rate by 25 basis points to try and tame stubbornly high inflation.

Pricey onions mean more tears for businesses, public

October 31, 2013

By Anupriya Kumar and Arnika Thakur

Onion prices recently reached 100 rupees per kilogram ($1.62) in some parts of New Delhi. It is hard to emphasize enough how prices like that are hurting businesses and the public. Onions are one of India’s staples, and people consume 15 million tonnes of them a year. Now, many people can’t afford to buy as many as they need – or any at all.

Bharti Airtel, NTPC top Sensex losers this week

By Reuters Staff
August 23, 2013

By Sankalp Phartiyal and Ankush Arora

The BSE Sensex recovered on Thursday and Friday after the index lost around 700 points in the first three trading sessions of the week. However, the index still ended down 0.4 percent as a weak rupee, concerns over foreign flows and uncertainty over the end of the U.S. Fed’s stimulus plan kept investors on the edge.

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.

Taxing times for reporters on the Chidambaram beat

March 14, 2013

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

Understanding the repo rate, cash reserve ratio and the Reserve Bank of India

January 29, 2013

The Reserve Bank of India (RBI) on Tuesday cut the repo rate as well as the cash reserve ratio (CRR) by 25 basis points, or 0.25 percent. Here’s a quick explanation of what that means. It will be obvious to some readers, but many people haven’t studied economics and are unfamiliar with the terms.

It’s time India bites the diesel bullet

May 24, 2012

“81 rupees?” asked an astonished TV anchor when an irate Bengaluru-based consumer called in after the recent 7.5-rupee hike in petrol prices. Perhaps cars that run on milk are now needed, the anchor suggested — when the caller said the dairy product costs around 30 rupees a litre.