India Insight

Q&A: If I fall short on any promise, you can change my name – Nitin Gadkari

By Reuters Staff
September 2, 2015

By Rajesh Kumar Singh and Nidhi Verma

Nitin Gadkari is the man Prime Minister Narendra Modi has assigned to launch a China-style infrastructure boom. Modi drafted in the 58-year-old former president of his Hindu nationalist Bharatiya Janata Party as transport, highways and shipping minister after winning last year’s general election, betting on his reputation for getting the job done.

from MacroScope:

India’s central bank nearing policy crossroads

June 11, 2015

Traffic moves at busy intersection in New DelhiThe Reserve Bank of India is facing a fork in the road for the first time since Governor Raghuram Rajan took office amid much fanfare and started targeting inflation as the central bank's primary mandate.

100 ‘smart cities’? Getting just one done will be a challenge

April 15, 2015

Prime Minister Narendra Modi’s plan to build 100 “smart cities” by 2022 to decongest existing urban centres probably will take longer to achieve. Reuters visited the foundations of one of these cities in Gujarat, a finance centre called Gujarat International Finance Tec-City (GIFT).

Sensex to rise 10-15 pct in 2015: Vinod Nair of Geojit BNP Paribas

By Reuters Staff
March 18, 2015

India’s BSE Sensex has gained nearly 4 percent so far in 2015 after the benchmark surged to record highs following the electoral triumph of Prime Minister Narendra Modi last summer. Vinod Nair, head of research at Geojit BNP Paribas, says markets are now consolidating and likely to take cues from corporate earnings and global factors such as a rate hike by the U.S. Federal Reserve.

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.”

A look at India’s last five annual budgets

February 17, 2015


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.

India needs 10-15 years to roll out universal health plan: KPMG

February 13, 2015

India will struggle to become a global superpower without an efficient healthcare system, and would need 10 to 15 years to cover everyone under its ambitious universal health coverage programme, KPMG’s global health chief said.

Last chance for the Indian economy? Mihir Sharma explains

By Atul Dev
February 9, 2015

IMihir Sharman the history of India’s economic reforms, rhetoric has often proved to be a stronger force than substance. Scrutinizing The Indian Growth Story, a facile phrase casually tossed about by newsmakers and newswriters, reveals that. Historians, however, have documented the liberalization of the economy in 1991 — the pole around which the Story spins — furtively. A good chunk of Mihir S Sharma’s gripping first book, Restart, delves into the events of that hot summer of 1991: the colicking infancy of a reformist India and how a missed opportunity and internalised mistakes have plagued the economic agenda ever since.

Film producer Pahlaj Nihalani is new censor board chief

January 19, 2015

Film producer Pahlaj Nihalani was on Monday appointed as head of the country’s censor panel, days after his predecessor Leela Samson quit after accusing the government of interference.

Interview: Rajdeep Sardesai on Modi, the Gandhis and politics in India

November 11, 2014

rajdeep2The best journalists get front-row seats to the most tumultuous years of a nation. Rajdeep Sardesai, one of India’s best-known journalists, was in such a position for this year’s general election in India, in which 815 million people voted. Their decisions brought the Bharatiya Janata Party and its leader Narendra Modi into power, ending 67 years of near-uninterrupted control of Indian politics by the Congress Party and the Nehru-Gandhi clan.