India Insight

Russia’s ambassador to India: the quotable Alexander Kadakin

By Douglas Busvine
December 9, 2014

(Russian President Vladimir Putin is coming to India this week to meet Prime Minister Narendra Modi and to discuss ways to improve relations. Moscow and New Delhi enjoyed warm ties during the days of the Soviet Union, when India was a member of a non-aligned bloc of nations. The friendship recently has become strained as India relies more on U.S. and French companies to meet its defence needs, something that chafes Russia as it deals with sanctions from western nations over Ukraine. Russia meanwhile has alarmed Indian public opinion with a recent visit by its defence minister to Pakistan. Russia’s ambassador Alexander Kadakin, a veteran diplomat first posted to New Delhi more than 40 years ago, discussed Putin’s visit at a press conference on Monday. Here are some of his remarks.

Segway’s India business pegs hope on tech-savvy Modi

September 2, 2014

By Shashank Chouhan and Ankush Arora

People ride self-balancing Segway transportation devices past the Indian home ministry in New Delhi January 5, 2014. REUTERS/Anindito Mukherjee/Files

Among the companies hoping for tax credits from the business-friendly Bharatiya Janata Party since its election victory in May is the Indian distributor of the Segway Personal Transporter. The company hopes that the government will recognise the battery-run two-wheeler as a green vehicle, a move that could spur sales of the expensive device in a country where many people today cannot afford it.

Budget 2014: Wishlist from healthcare sector

July 4, 2014

Prime Minister Narendra Modi’s government has its work cut out if it wants to transform the country’s health system and provide a universal health insurance programme.

Highlights – President Pranab Mukherjee’s address to parliament

By Reuters Staff
June 9, 2014

The new government will pursue an economic reform agenda that foresees introducing the goods and services tax, encouraging foreign investment and speeding approvals for major business projects, President Pranab Mukherjee said in a parliamentary address on Monday.

Markets this week: Sensex surges 5 percent on hopes from Modi, ONGC rallies

June 6, 2014

By Ankush Arora and Aditya Kalra

The BSE Sensex ended at a record closing high on Friday, rising 5 percent during the week, as Indian shares rallied on hopes of faster economic recovery after Narendra Modi became India’s prime minister last month.

Aam Aadmi’s party isn’t over yet, Bhagwant Mann says

June 4, 2014

The one-and-a-half-year-old Aam Aadmi Party’s (AAP) poor performance in this year’s parliamentary elections in India was a big letdown for the anti-corruption party’s members and its leader Arvind Kejriwal. One of the party’s newly elected parliamentarians, Punjabi actor-comedian Bhagwant Mann, is doing his best to keep spirits high. Following are excerpts from two phone conversations with India Insight about the future of the AAP.

Modi boost helps Sensex rise 8 pct in May, Sesa jumps 51 pct

May 30, 2014

By Ankush Arora and Sankalp Phartiyal

A road sign stands next to the Bombay Stock Exchange building.Indian shares rose sharply and scaled new record highs in May, with the benchmark index rising above 25,000 points on hopes of an economic revival after pro-business Narendra Modi became India’s new prime minister.

Markets this week: BHEL, Sesa Sterlite top Sensex gainers

May 16, 2014

By Ankush Arora and Sankalp Phartiyal

India’s stock market closed the week on a record-breaking note as the Bharatiya Janata Party led by Narendra Modi swept the Lok Sabha election, handing the Congress party its worst ever result.

Young professionals in Bangalore favour Modi’s promise, shrug off riots

April 9, 2014

As far as Vinod Hegde is concerned, Indian prime minister candidate Narendra Modi bears no responsibility for the 2002 Gujarat riots. More to the point, Hegde doesn’t care.

State Elections in India: Opinion polls and 2008 results

November 8, 2013

India will hold state elections in Chhattisgarh, Madhya Pradesh, Mizoram, Rajasthan and Delhi, starting November 11. The polls are seen as a warm-up for next year’s national elections.