India Money, Political and General News Correspondent, New Delhi
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Dec 13, 2010

Parliament 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 Congress 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.

Dec 10, 2010

Oct industrial output growth fastest in 3 months

NEW DELHI (Reuters) – India’s annual industrial output in October grew at its fastest clip in three months, powered by demand for consumer durable goods such as cars, though the data is unlikely to prompt the Reserve Bank to raise interest rates next week.

The strong growth in output of capital goods suggests that industry had added capacity to meet surging demand ahead of India’s festive season which starts in September.

Dec 10, 2010

India’s Oct industrial output growth fastest in 3 mths

NEW DELHI, Dec 10 (Reuters) – India’s annual industrial
output in October grew at its fastest clip in three months,
powered by demand for consumer durable goods such as cars,
though the data is unlikely to prompt the central bank to
raise interest rates next week.

The strong growth in output of capital goods suggests that
industry had added capacity to meet surging demand ahead of
India’s festive season which starts in September.

Dec 9, 2010

India to widen telco probe as Ratan Tata backs govt

NEW DELHI (Reuters) – The government on Thursday widened a probe into the country’s biggest corruption case to include decisions made during the main opposition party’s rule, a move that may take steam out of a campaign against the it.

The probe into the 2008 grants of telecoms licences that the state auditor said lost India $39 billion in potential revenue will now examine licencing procedures when the main opposition was in power and which have been cited in court as a precedent.

Dec 9, 2010

India to widen telco probe as top mogul backs goverment

NEW DELHI (Reuters) – India on Thursday widened a probe into the country’s biggest corruption case to include decisions made during the main opposition party’s rule, a move that may take steam out of a campaign against the government.

The probe into the 2008 grants of telecoms licenses that the state auditor said lost India $39 billion in potential revenue will now examine licensing procedures when the main opposition was in power and which have been cited in court as a precedent.

Dec 8, 2010

India says local Islamists bombed pilgrim city

NEW DELHI (Reuters) – India said Wednesday a home-grown Islamist group with ties to Pakistani militants was behind a bomb attack in one of its holiest cities, and local media reported two people were questioned over the attack.

Home Secretary Gopal Pillai said traces of explosives were found at the site of Tuesday evening’s blast in the northern city of Varanasi that killed a two-year old girl and injured 37 Hindu worshippers and foreign tourists.

Dec 8, 2010

CBI goes after former telecom minister A. Raja

NEW DELHI (Reuters) – The Central Bureau of Investigation (CBI) found what it said were “incriminating documents” in raids on homes and offices of a former telecoms minister on Wednesday in connection with the country’s biggest corruption scandal.

The opposition has shut down parliament since early November, demanding a joint inquiry into a government auditor’s report that India potentially lost $39 billion in revenue when ineligible firms were given lucrative telecoms licences cheaply in 2008.

Dec 8, 2010

India police go after ex-minister in telecoms row

NEW DELHI (Reuters) – India’s federal agents found what they said were “incriminating documents” in raids on homes and offices of a former telecoms minister Wednesday in connection with the country’s biggest corruption scandal.

The opposition has shut down parliament since early November, demanding a joint inquiry into a government auditor’s report that India potentially lost $39 billion in revenue when ineligible firms were given lucrative telecoms licenses cheaply in 2008.

Dec 8, 2010

Police go after ex-minister A Raja in telecoms row

NEW DELHI (Reuters) – Officials of the Central Bureau Investigation (CBI) found what they said were “incriminating documents” in raids on homes and offices of a former telecoms minister on Wednesday in connection with the country’s biggest corruption scandal.

The opposition has shut down parliament since early November, demanding a joint inquiry into a government auditor’s report that India potentially lost $39 billion in revenue when ineligible firms were given lucrative telecoms licences cheaply in 2008.

Dec 8, 2010

Govt says Indian Mujahideen bombed Varanasi

NEW DELHI (Reuters) – India said on Wednesday a home-grown Islamist group with ties to Pakistani militants was behind a bomb attack in one of its holiest cities, and local media reported two people were questioned over the attack.

Home Secretary Gopal Pillai said traces of explosives were found at the site of Tuesday evening’s blast in Varanasi that killed a two-year old girl and injured 37 Hindu worshippers and foreign tourists.

    • About CJ

      "I cover Indian politics and economics from New Delhi."
      Joined Reuters:
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