India Money, Political and General News Correspondent, New Delhi
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May 11, 2011

India ruling Congress may get some respite in state polls

NEW DELHI (Reuters) – India’s ruling Congress party expects a rare dose of good news on Friday when election results may hand the ruling coalition several states, but piggybacking on unpredictable allies may further hobble reforms aimed at reining in the fiscal deficit.

Exit polls published by local media suggest Congress ally and maverick populist Mamata Banerjee and her Trinamool party would overturn 34 years of Communist Party rule in West Bengal, cementing her position as the Congress’s top ally in parliament.

May 3, 2011

Key risks to watch in India

NEW DELHI (Reuters) – Prime Minister Manmohan Singh’s government expects good news in mid-May when the results of crucial state elections are due, and his Congress party hopes to regain political authority by performing well in them.

Still, inflation and corruption will continue to dog the government, diverting attention away from policymaking.

May 3, 2011

Key political risks to watch in India

NEW DELHI, May 3 (Reuters) – Prime Minister Manmohan Singh’s
government expects good news in mid-May when the results of
crucial state elections are due, and his Congress party hopes to
regain political authority by performing well in them.

Still, inflation and corruption will continue to dog the
government, diverting attention away from policymaking.

Apr 28, 2011

India shortlists Europeans, spurns US for jet order

NEW DELHI, April 28 (Reuters) – India has rejected U.S.
firms for an $11 billion fighter jet contract, shortlisting
European companies instead, in a move that could sour its
relationship with the United States while broadening its
strategic ties with other regions.

The rejection comes despite lobbying from President Barack
Obama during a high-profile visit to India five months ago, and
coincides with the unexpected resignation of the U.S. ambassador
to India, who cited “personal, professional, and family
considerations” in a statement on Thursday.

Apr 28, 2011

India shortlists Dassault, Eurofighter for $11 bln jet order: sources

NEW DELHI (Reuters) – India has shortlisted European defence firms Dassault and Eurofighter for an $11 billion fighter jet contract, rejecting U.S. and Russian firms in a move that indicates an effort by Asia’s third largest economy to broaden its strategic ties.

Boeing and Lockheed Martin, Sweden’s Saab and Russia’s MiG have been ruled out for the order, sources said on Thursday.

Apr 28, 2011

India shortlists Europeans, rejects U.S. for jet order: sources

NEW DELHI (Reuters) – India has shortlisted European defense firms Dassault (AVMD.PA: Quote, Profile, Research, Stock Buzz) and Eurofighter for an $11 billion fighter jet contract, rejecting U.S. and Russian firms in a move that indicates an effort by Asia’s third largest economy to broaden its strategic ties.

Boeing (BA.N: Quote, Profile, Research, Stock Buzz) and Lockheed Martin (LMT.N: Quote, Profile, Research, Stock Buzz), Sweden’s Saab (SAABb.ST: Quote, Profile, Research, Stock Buzz) and Russia’s MiG have been ruled out for the order, sources said on Thursday.

Apr 28, 2011

India shortlists Europeans, rejects U.S. for $11 bln jet order-sources

NEW DELHI, April 28 (Reuters) – India has shortlisted
European defence firms Dassault and Eurofighter for an
$11 billion fighter jet contract, rejecting U.S. and Russian
firms in a move that indicates an effort by Asia’s third largest
economy to broaden its strategic ties.

Boeing and Lockheed Martin , Sweden’s Saab
(SAABb.ST: Quote, Profile, Research, Stock Buzz) and Russia’s MiG have been ruled out for the order,
sources said on Thursday.

Apr 26, 2011

CBI court sends Suresh Kalmadi into police custody

NEW DELHI (Reuters) – A CBI court ordered Suresh Kalmadi, the former chief organiser of the Delhi Commonwealth Games, into police custody on Tuesday as police stepped up a crackdown on businesses and government officials in a string of corruption cases to hit the country.

Police on Monday arrested Kalmadi, who has been suspended from the ruling Congress party, charged with cheating in tenders for timing equipment worth millions of dollars in the October sporting event. Police will hold him for eight days from Tuesday.

Apr 26, 2011

CBI court sends Kalmadi into police custody

NEW DELHI (Reuters) – A court ordered Suresh Kalmadi, the former chief organiser of the Delhi Commonwealth Games, into police custody on Tuesday, as the CBI stepped up a crackdown on businesses and government officials in a string of corruption cases to hit the emerging global giant.

CBI on Monday arrested Kalmadi, who has been suspended from the ruling Congress party, charged with cheating in tenders for timing equipment worth millions of dollars in the October sporting event. CBI will hold him for eight days from Tuesday.

Apr 26, 2011

Indian court sends ex-games chief into police custody

NEW DELHI, April 26 (Reuters) – An Indian court ordered the
former chief organiser of the Delhi Commonwealth Games into
police custody on Tuesday, as police stepped up a crackdown on
businesses and government officials in a string of corruption
cases to hit the emerging global giant.

Federal police on Monday arrested Suresh Kalmadi, a senior
lawmaker who has been suspended from the ruling Congress party,
charged with cheating in tenders for timing equipment worth
millions of dollars in the October sporting event. Police will
hold him for eight days from Tuesday.

    • About CJ

      "I cover Indian politics and economics from New Delhi."
      Joined Reuters:
      2006
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