Matthias's Feed
Oct 17, 2012

India, Australia weigh uranium deal during Gillard visit

NEW DELHI, Oct 17 (Reuters) – The Australian and Indian
prime ministers held talks on Wednesday that could pave the way
for Australia to sell uranium to energy-hungry India, after
Canberra lifted a long-standing export ban that had strained
bilateral relations.

Australian Prime Minister Julia Gillard met Indian
counterpart Manmohan Singh in New Delhi on her first official
visit to the country. The talks set the stage for negotiations
to begin on a set of safeguards needed before uranium trade can
start. Both sides played down the prospect of a quick deal.

Oct 7, 2012

India moves to dismantle stifling infrastructure controls

NEW DELHI, Oct 8 (Reuters) – India looks set to begin
dismantling a complex web of regulatory requirements that
throttle its infrastructure growth, with plans to set up a
special body this week to speed up projects in a sector seen as
vital to reviving economic momentum.

The move is the latest in a slew of big-ticket reforms by
Prime Minister Manmohan Singh’s government, from raising diesel
prices to opening supermarkets to foreign competition, to spur
growth which is at its slowest pace in nearly three years.

Oct 4, 2012

FDI in Retail: Key aspects of the policy

NEW DELHI (Reuters) – India opened its retail sector to foreign supermarkets on September 14, a major economic reform that has been stalled for months by political gridlock and came as part of a package of measures aimed at reviving growth.

(FDI in retail, aviation sectors allowed. Read here)

The policy comes with provisos which, some analysts said, could hamper firms hoping to set up shop in the world’s second-most populous country.

Sep 28, 2012

Economy teeters at “fiscal precipice” – Kelkar panel

NEW DELHI (Reuters) – India is on the edge of a “fiscal precipice” and should urgently slash fuel, food and fertilizer subsidies to curb a budget deficit that could hit 6.1 percent of gross domestic product this fiscal year, a government panel warned.

The panel’s report, published on Friday, will feed worries about the state of Asia’s third-largest economy, where growth has slowed sharply and a large deficit caused by a ballooning subsidy bill has sparked fears of a rating downgrade.

Sep 28, 2012

India economy teeters at “fiscal precipice”-govt panel

NEW DELHI, Sept 28 (Reuters) – India is on the edge of a
“fiscal precipice” and should urgently slash fuel, food and
fertilizer subsidies to curb a budget deficit that could hit 6.1
percent of gross domestic product this fiscal year, a government
panel warned.

The panel’s report, published on Friday, will feed worries
about the state of Asia’s third-largest economy, where growth
has slowed sharply and a large deficit caused by a ballooning
subsidy bill has sparked fears of a rating downgrade.

Sep 19, 2012

Fukushima fallout seeps into India’s nuclear push

KUDANKULAM, India (Reuters) – On a wind-whipped beach on India’s southern tip, a small fishing community feels it is falling dangerously on the wrong side of history.

While much of the world is turning its back on nuclear energy, the villagers of Kudankulam, in a part of India hit by the 2004 Indian Ocean tsunami, say their government is gambling with their lives by opening one of Asia’s first new nuclear reactors since the 2011 Fukushima disaster in Japan.

Sep 18, 2012

Fukushima fallout seeps into India’s troubled nuclear push

KUDANKULAM, India (Reuters) – On a wind-whipped beach on India’s southern tip, a small fishing community feels it is falling dangerously on the wrong side of history.

While much of the world is turning its back on nuclear energy, the villagers of Kudankulam, in a part of India hit by the 2004 Indian Ocean tsunami, say their government is gambling with their lives by opening one of Asia’s first new nuclear reactors since the 2011 Fukushima disaster in Japan.

Sep 14, 2012

Factbox – India throws open doors to foreign supermarkets, again

NEW DELHI (Reuters) – India opened its retail sector to foreign supermarkets on Friday, a major economic reform that has been stalled for months by political gridlock and came as part of a package of measures aimed at reviving growth.

The policy comes with provisos which, some analysts said, could hamper firms hoping to set up shop in the world’s second-most populous country.

Sep 14, 2012

India allows FDI in retail, again

NEW DELHI (Reuters) – India opened its retail sector to foreign supermarkets on Friday, a major economic reform that has been stalled for months by political gridlock and came as part of a package of measures aimed at reviving growth.

(FDI in retail, aviation sectors allowed. Read here)

The policy comes with provisos which, some analysts said, could hamper firms hoping to set up shop in the world’s second-most populous country.

Sep 14, 2012

India throws open doors to foreign supermarkets, again

NEW DELHI, Sept 14 (Reuters) – India opened its retail
sector to foreign supermarkets on Friday, a major economic
reform that has been stalled for months by political gridlock
and came as part of a package of measures aimed at reviving
growth.

The policy comes with provisos which, some analysts said,
could hamper firms hoping to set up shop in the world’s
second-most populous country.