India Insight

Ambani rivalry spills over at shareholder meeting

July 30, 2009

Anil Ambani on Tuesday used an annual shareholders’ meeting to lay into his older brother and the government for good measure, over the issue of gas pricing which is at the heart of the most recent spat between the fighting Ambani brothers.

Jury still out on Indo-U.S. “unclear” deal

June 24, 2008

US President Bush raises his glass for a toast with Indian Prime Minister Singh at an official dinner …US President Bush raises his glass for a toast with Indian Prime Minister Singh at an official dinner …You could be forgiven for thinking that the civilian nuclear deal with the United States is all about whether India holds early elections or not.

Has India got it right on fuel prices?

June 4, 2008

So it’s official. India has finally raised fuel prices, by more than most people expected. A hike in diesel prices in particular is sure to feed through into overall inflation. At the same the government removed the import duty on crude oil.