India Money, Political and General News Correspondent, New Delhi
CJ's Feed
Dec 31, 2010

India, Iran aim to resolve oil payments impasse

NEW DELHI, Dec 31 (Reuters) – Central bank officials from
India and Iran were due to meet on Friday to try to keep their
oil trade running, with New Delhi aiming to balance its energy
needs with global diplomatic interests.

Indian officials and traders were hopeful of a quick
resolution to a payments row that could disrupt about 13
percent of its oil imports and leave refiners scrambling for
expensive alternative sources of crude.

Dec 17, 2010

Congress scion says radical Hindus a threat

NEW DELHI (Reuters) – Rahul Gandhi, seen as an India prime minister in waiting, told the U.S. ambassador radical Hindu groups could posed a bigger threat to the country than the Islamists who attacked Mumbai in 2008, a leaked cable showed.

The comments made to Timothy Roemer last year were immediately criticised by the main opposition Hindu nationalist Bharatiya Janata Party (BJP), adding to political sparring that has deadlocked parliament and pushed policymaking into limbo.

Dec 17, 2010

India Congress scion says radical Hindus a threat

NEW DELHI, Dec 17 (Reuters) – Rahul Gandhi, seen as an
India prime minister in waiting, told the U.S. ambassador
radical Hindu groups could posed a bigger threat to the
country than the Islamists who attacked Mumbai in 2008, a
leaked cable showed.

The comments made to Timothy Roemer last year were
immediately criticised by the main opposition Hindu
nationalist Bharatiya Janata Party (BJP), adding to political
sparring that has deadlocked parliament and pushed
policymaking into limbo.

Dec 17, 2010

India’s Rahul Gandhi says Hindus a big threat – cable

NEW DELHI, Dec 17 (Reuters) – Rahul Gandhi, seen as an
Indian prime minister in waiting, told the U.S. ambassador
radical Hindu groups could pose a bigger threat than the
Islamists who attacked Mumbai in 2008, a leaked cable showed.

The comments made to Timothy Roemer last year were
immediately criticised by the main opposition Hindu
nationalist Bharatiya Janata Party (BJP), adding to political
sparring that has deadlocked parliament and pushed
policymaking into limbo.

Dec 16, 2010

Supreme Court to oversee telecoms scam probe

NEW DELHI (Reuters) – The Supreme Court said on Thursday it will oversee a widening investigation into allegations of corruption in the sale of telecoms licences worth billions of dollars, a scandal touching the heart of government.

The government has struggled to contain the fallout from the sale of lucrative mobile phone licences at below-market prices in 2007-08. The scandal, potentially costing the state $39 billion in lost revenues, has already brought down telecoms minister A. Raja and kept parliament deadlocked for weeks.

Dec 16, 2010

India’s top court to oversee telecoms scam probe

NEW DELHI, Dec 16 (Reuters) – India’s Supreme Court said
on Thursday it will oversee a widening investigation into
allegations of corruption in the sale of telecoms licences
worth billions of dollars, a scandal touching the heart of
government.

The government has struggled to contain the fallout from
the sale of lucrative mobile phone licences at below-market
prices in 2007-08. The scandal, potentially costing the state
$39 billion in lost revenues, has already brought down a
telecoms minister and kept parliament deadlocked for weeks.

Dec 15, 2010

Police search lobbyist in telecom graft case

NEW DELHI (Reuters) – The Central Bureau of Investigation (CBI) investigating a telecoms licence scandal that may have cost India $39 billion and has engulfed its corporate and political elite searched the home and offices of one of the country’s most powerful lobbyists.

The government has struggled to contain the fallout from the sale of lucrative mobile phone licences at below-market prices in 2007-08. The scandal has already brought down a telecoms minister and kept parliament deadlocked over demands by the opposition for a full inquiry into what could be India’s biggest graft case.

Dec 15, 2010

CBI searches Nira Radia in telecom graft case

NEW DELHI (Reuters) – The Central Bureau of Investigation (CBI) investigating a telecoms licence scandal that may have cost India $39 billion and has engulfed its corporate and political elite searched the home and offices of one of the country’s most powerful lobbyists.

The government has struggled to contain the fallout from the sale of lucrative mobile phone licences at below-market prices in 2007-08. The scandal has already brought down a telecoms minister and kept parliament deadlocked over demands by the opposition for a full inquiry into what could be the country’s biggest graft case.

Dec 15, 2010

Indian police search lobbyist in telecom graft case

NEW DELHI (Reuters) – Federal agents investigating a telecoms licence scandal that may have cost India $39 billion (£24.9 billion) and has engulfed its corporate and political elite searched the home and offices of one of the country’s most powerful lobbyists.

The government has struggled to contain the fallout from the sale of lucrative mobile phone licences at below-market prices in 2007-08. The scandal has already brought down a telecoms minister and kept parliament deadlocked over demands by the opposition for a full inquiry into what could be India’s biggest graft case.

Dec 13, 2010

Parliament session ends, political deadlock to stay

NEW DELHI (Reuters) – The opposition plans to step up its anti-graft campaign that paralysed the parliament session that ended Monday, spelling trouble for the ruling coalition’s ability to pass bills in the February budget session.

The winter session of parliament was the least productive since 1985, with less than 6 percent of parliamentary time spent on bills after the opposition blocked proceedings to demand a probe into a telecoms scam that may have cost India $39 billion.

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      "I cover Indian politics and economics from New Delhi."
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