India Insight

Rupee spoils holidays abroad for Indians, but not for all

July 12, 2013

With the rupee hovering near a record low, Indian tourists would be tempted to give foreign shores a miss this year. But staying home is not an option for Harsh Chadha, a multinational executive just back from a three-week family vacation in the UK.

Tracking Sensex: top gainers, losers in June quarter

By Reuters Staff
June 28, 2013

By Aditya Kalra and Ankush Arora

Indian shares ended the June quarter on a positive note as the Sensex and Nifty registered gains of around 3 percent during the period, data showed.

Tracking Sensex: Top losers, gainers of the week

June 21, 2013

Indian shares ended in the green in three of five trading sessions but jittery market reaction to the U.S. Federal Reserve’s announcement of a gradual end to its $85 billion bond-buying stimulus took the BSE Sensex down 2.1 percent for the week. The broader 50-share Nifty lost 2.4 percent.

Markets struggle: At least 100 stocks hit 52-week low on NSE

June 13, 2013

Indian markets struggled in trade on Thursday with the Sensex falling more than 200 points while the Nifty sank over 50 points. Weak Asian markets also weighed as the Nikkei slumped more than 800 points on worries the U.S. Fed would trim its stimulus programme in the coming months.

India ponders deficit control after the gold rush

February 12, 2013

India’s central government in January raised the tax on refined gold imports by 50 percent. This increase to 6 percent from 4 percent is the second rise this fiscal year. Why does it keep making gold more expensive, particularly as the nation enters its prime wedding season when brides will be bedecked with the metal from head to toe?

The rupee’s fall from grace

May 23, 2012

Indian milk and dairy products producer Amul’s campaign has a new subject — the rupee.

As the economy and markets struggle, India needs tough actions

May 14, 2012

Slowing growth, a falling rupee, sliding stock markets, a rising current account deficit, drying foreign inflows and policy paralysis at the centre. Things certainly don’t look rosy for India.

Are frequent elections a waste of time and money?

March 6, 2009

The general elections in India, due shortly, may not throw up a clear winner.

This could mean weeks or even months of political uncertainty as parties negotiate for power.

Whose poor is poor?

January 10, 2009

“To define is to limit,” wrote T.S. Eliot.

Indeed sometimes, to limit things, they just may have been defined in a particular manner.

Me panic? I’m not panicking! Who is panicking?

By Reuters Staff
October 10, 2008

Would someone please remind folks that it’s Friday and we all deserve a relaxing weekend? I for one will be doing my usual Saturday morning Yoga. But it’s nasty out there – the contagion has spread, and panic is now the correct adjective.