Matthias's Feed
Feb 13, 2013

India posts $20 bln trade deficit in January, second highest ever

NEW DELHI, Feb 13 (Reuters) – India posted its second
highest ever monthly trade deficit of $20 billion in January,
worsening from a $17.7 billion deficit in December, piling
pressure on a widening current account deficit and limiting
scope for the central bank to cut interest rates.

Struggling to turn around an economy that is slowing to its
lowest growth rate in a decade, the Reserve Bank of India cut
interest rates by 0.25 percentage points last month, but warned
that future rate cuts would depend upon declines in both the
current account deficit and inflation.

Feb 12, 2013

Slow approvals put India’s drug trials industry at risk

MUMBAI/NEW DELHI, Feb 13 (Reuters) – Slower government
approval for testing new medicines is threatening India’s
aspirations to be a fast-growing, low-cost hub for clinical
trials, and has prompted some drugs firms to shift operations
elsewhere, adding to their costs.

While India’s drug regulator and the health ministry’s
medical research body deny any slowdown, interviews by Reuters
with pharmaceutical companies, lobby groups, industry watchers
and healthcare activists tell a different story.

Feb 9, 2013

India executes Afzal Guru for 2001 parliament attack

NEW DELHI (Reuters) – India hanged Kashmiri militant Afzal Guru on Saturday for an attack on parliament in 2001, and security forces, anticipating protests in response to the execution, imposed a curfew in parts of Kashmir and ordered people off the streets.

President Pranab Mukherjee rejected a mercy petition from Mohammad Afzal Guru and he was hanged at 8 a.m. (0230 GMT) in Tihar jail in the capital, New Delhi, officials said.

Feb 9, 2013

India executes Kashmiri militant for 2001 parliament attack

NEW DELHI, Feb 9 (Reuters) – India hanged a Kashmiri
militant on Saturday for an attack on the country’s parliament
in 2001, and security forces, anticipating protests in response
to the execution, imposed a curfew in parts of Kashmir and
ordered people off the streets.

President Pranab Mukherjee rejected a mercy petition from
Mohammad Afzal Guru and he was hanged at 8 a.m. (0230 GMT) in
Tihar jail in the capital, New Delhi, officials said.

Jan 12, 2013

Delhi rape accused lived on margins of India’s boom

BADAUN, India/NEW DELHI (Reuters) – In a village in India’s Uttar Pradesh state, a woman sits hunched on the ground in a green shawl, visibly weak and shivering in the January cold. She says she has not eaten for days, and neither have her five young children.

She has never heard of Manmohan Singh, India’s prime minister, having never ventured further from her village than a nearby market town, and ekes out a living working in potato fields on other people’s land.

Dec 20, 2012

India’s Modi wins state poll, may boost PM ambitions

NEW DELHI, Dec 20 (Reuters) – Narendra Modi won a fourth
successive term as the chief minister of India’s Gujarat state
on Thursday, a victory that could launch the prime ministerial
ambitions of one of the country’s most popular but controversial
leaders.

Modi’s Hindu nationalist Bharatiya Janata Party (BJP) won
115 of the state legislative assembly’s 182 seats against 61 for
the Congress party, which heads India’s national government.

Dec 20, 2012

Modi set for Gujarat win, may boost PM ambitions

NEW DELHI (Reuters) – Narendra Modi looked set to win a fourth successive term as the chief minister of Gujarat on Thursday, a victory that could launch the prime ministerial ambitions of one of the country’s most popular but controversial leaders.

Modi’s Bharatiya Janata Party (BJP) was leading in 115 out of 182 seats, against 62 seats for the Congress party, which heads India’s national government, according to the Election Commission website at 10.53 a.m.

Dec 20, 2012

India’s Modi looks set to win state poll, may boost PM ambitions

NEW DELHI (Reuters) – Narendra Modi looked set to win a fourth successive term as the chief minister of India’s Gujarat state on Thursday, a victory that could launch the prime ministerial ambitions of one of the country’s most popular but controversial leaders.

Modi’s Bharatiya Janata Party (BJP) was leading in 115 out of 182 seats, against 62 seats for the Congress party, which heads India’s national government, according to the Election Commission website at 0523 GMT.

Dec 20, 2012

The rise of Narendra Modi, a double-edged sword for BJP

NEW DELHI (Reuters) – As counting for the Gujarat assembly polls is underway on Thursday, few doubt Narendra Modi will win a fourth successive term as its chief minister.

What is not clear is whether the popular, but divisive 62-year-old will win a big enough mandate to secure the backing of his party to lead the charge against Prime Minister Manmohan Singh’s coalition in a general election due by 2014.

Dec 10, 2012

The rise of Narendra Modi, a double-edged sword for BJP

NEW DELHI (Reuters) – As Gujarat goes to the polls this week, few doubt Narendra Modi will win a fourth successive term as its chief minister.

What is not clear is whether the popular, but divisive 62-year-old will win a big enough mandate to secure the backing of his party to lead the charge against Prime Minister Manmohan Singh’s coalition in a general election due by 2014.