Sankalp's Feed
Dec 17, 2013
via India Insight

Tattoo business booms as India shows off body art

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Kamaldeep Sethi used to be a corporate trainer with a flair for drawing on office walls. Then a colleague talked him into learning the art of tattoos.

Sethi, who goes by the name KD, set up a tattoo parlour in New Delhi in 2005. He now owns three shops, including one in Canada. The 32-year-old is part of a new generation of tattoo artists who left high-paying corporate jobs to follow their passion.

Oct 11, 2013
via India Insight

Markets this week: Sensex gains 3 percent, Tata Motors surges 10 percent

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The BSE Sensex rose 3 percent during the week, ending in the green for four of the five trading sessions. Improved guidance from Infosys, hopes of a U.S. deal to avoid a default on its debt and the RBI’s decision to cut a key overnight interest rate helped sentiment.

Data released on Thursday showed India’s trade deficit narrowed to a two-and-a-half-year low in September, raising hopes for a significant reduction in the country’s current account deficit.

Oct 11, 2013
via India Insight

Stamp collecting stages quiet comeback in India’s digital era

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Rajjesh Mittal spends 20 minutes each morning placing bids for postage stamps on eBay. The IT entrepreneur began flirting with philately, or stamp collecting, two years ago, and has become such an ardent collector that he wants to demonstrate his love for postage by getting a tattoo of independent India’s first commemorative postmark.

Mittal is part of a generation of urban, educated Indians celebrating all things postal in the age of e-mail and Twitter. Though numbers are hard to come by, philately appears to be staging a revival in India, with estimates ranging from 25,000 to over 100,000 active collectors. Like Mittal, working professionals are taking up the hobby, joining stamp-collecting clubs and fostering friendships with enthusiasts from all walks of life.

Sep 27, 2013
via India Insight

Markets this week: Sensex falls 2.6 percent, Jindal Steel slumps 9 percent

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After rising for four consecutive weeks, the BSE Sensex fell 2.6 percent in the last five trading sessions, as a surprise repo rate hike by the Reserve Bank of India (RBI) on Sept. 20 dampened investor confidence and battered banking shares.

Rate-sensitive sectors were hurt — the banking index and the realty index lost over 7 percent in the week. YES Bank fell 14.5 percent, SBI lost 6 percent while shares of DLF slumped 13 percent.

Sep 6, 2013
via India Insight

Markets this week: Sensex gains 3.5 percent, ICICI surges 19 percent

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The BSE Sensex rose 3.5 percent for the week ending September 6, as sentiment on Dalal Street was boosted after Raghuram Rajan took charge as the new governor of the Reserve Bank of India.

Rajan kicked off his term with a bang on Wednesday, announcing several measures to support the rupee and unveiling steps to liberalise financial markets and the banking sector. Hopes that the government might announce a one-time hike in diesel prices to cut its steep import bill also helped the stock market.

Aug 23, 2013
via India Insight

Piecing together the ‘Great Tamasha’ of Indian cricket

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The Great Tamasha” is a book about cricket, but it is also a tale about the rapid rise of modern India and the corruption that plagues it. A series of scandals in the Indian Premier League (IPL), the glitzy Twenty20 tournament run by the country’s cricket board, got James Astill hooked to the game in India. What followed was the 40-year-old journalist’s first book – an account of India’s rich cricketing tradition, politics, religion and the emergence of the cash-rich IPL.

Astill takes the reader from the slums of Mumbai to a village in north India, places where cricket is as much tamasha (spectacle) as it is religion. Bollywood stars, business tycoons and cricketers, both past and present, feature in “The Great Tamasha”. So does Lalit Modi, a former IPL chairman, now an outcast in India’s cricketing circles.

Jun 21, 2013
via India Insight

Tracking Sensex: Top losers, gainers of the week

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Indian shares ended in the green in three of five trading sessions but jittery market reaction to the U.S. Federal Reserve’s announcement of a gradual end to its $85 billion bond-buying stimulus took the BSE Sensex down 2.1 percent for the week. The broader 50-share Nifty lost 2.4 percent.

The U.S. central bank’s monetary programme has been a source of easy money for emerging markets such as India that used FII inflows to finance its current account deficit. The possibility of a liquidity drought and a consequent selloff by foreign investors spooked the markets with the rupee plummeting to a record low of 59.98 against the dollar on Thursday.

May 30, 2013
via India Insight

Smokers ignore India’s public smoking ban

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(Any opinions expressed here are those of the author and not necessarily those of Thomson Reuters Corp.)

It’s been nearly five years since India banned smoking in public places, but you wouldn’t know it from talking to Sugandha. The jeans-clad woman in her twenties is standing at a subway entrance in New Delhi as a man smokes a cigarette a few steps away, indifferent to how the fumes annoy passersby.

Apr 30, 2013
via India Insight

Book lovers in India lap up myths with a makeover

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Mriganka Dadwal knows everything about the Ramayana, the ancient Hindu epic that tells the story of warrior-god Rama and the abduction of his wife Sita by the powerful demon king Ravana.

The journalist-turned-entrepreneur says she would love to read the epic from the point of view of the vanquished Ravana. And now she can.

Apr 2, 2013
via India Insight

Bestselling author Amish Tripathi says writing career was thrust upon him

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It’s hard to believe Amish Tripathi when he says he never set out to be a writer. The banker-turned-author of the popular Shiva trilogy recently won a million-dollar advance for a new series – and he hasn’t even finalized the topic yet.

Before his books took pride of place in shop windows, Tripathi was already living what some would call a charmed life. A management degree at one of India’s top business schools had led to a successful career in private and retail banking. But it was his admiration for Shiva, the Hindu god of destruction, that catapulted him to literary stardom in India.

    • About Sankalp

      "Joining Reuters in 2011 was a new beginning. It was a history student’s initiation into the world of business and market news. In my day job as an Online Producer, I manage business content for the Reuters India website. I keenly follow Indian politics, love to watch movies and have a talent for bathroom singing. Follow me on Twitter @sankalp_sp."
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