India Insight

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.

Brokerages bullish on Sensex, revise targets after Modi win

June 5, 2014

By Sankalp Phartiyal and Aditya Kalra

Indian stock markets rallied to record highs in May with the benchmark BSE Sensex breaching the 25,000 mark for the first time after Narendra Modi won a clear mandate to govern Asia’s third-largest economy.

India equity funds ride Modi rally in May, post best month in five years

June 3, 2014

India’s diversified equity funds outperformed the broader markets in May and recorded their best monthly performance in five years, as stocks rallied on hopes of an economic revival after the Narendra Modi-led Bharatiya Janata Party (BJP) won a decisive election mandate.

Kejriwal’s party gears up for Delhi polls with election reforms

June 20, 2013

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

The Aam Aadmi Party (common man’s party), led by bureaucrat-turned-activist Arvind Kejriwal, is gearing up for state-level polls in Delhi this year with an array of candidates chosen for their honesty.

Bold moves, smart timing on rail fares, diesel proposal

January 10, 2013

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

Heat guaranteed in parliament’s winter session

November 20, 2012

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

Market-friendly Chidambaram toes socialist line with fiscal plan

October 29, 2012

The usually crisp and precise P. Chidambaram was uncharacteristically vague on Monday while announcing the government’s fiscal consolidation plan. While pledging to bring the fiscal deficit down to 3 percent in 2016-17 from around 5.3 this fiscal, the Harvard-educated minister gave no details on how the government would achieve this feat.

Political crisis in India: Mamata Banerjee moves out, UPA should move forward

September 18, 2012

It wasn’t unexpected. After more than three long years of association with the UPA II coalition government, key ally Mamata Banerjee is taking her name off the lease, packing up her things and getting ready to move out. Whether she has taken Congress’ chances for holding power in India with her depends on how strong — and willing — the party’s other friends are.

Congress’ 2007 leadership whispers underscore 2011 election dangers

April 4, 2011

Rumblings within the ruling Congress party that suggested the “jettison” of Prime Minister Manmohan Singh after the party’s electoral failures in state elections in 2007, cited in a secret diplomatic cable published on Monday, are a timely reminder of the dangerous implications of failure for Congress in elections this month.

The bitter truth behind BJP’s deafening budget silence

March 23, 2011

To some, the parliamentary walkout by India’s opposition prior to the vote on the country’s annual budget motion marked the failure of India’s ruling Congress party to engage with its primary adversary, the Bharatiya Janata Party (BJP), over its claims that the Prime Minister had lied to parliament to protect his own reputation.