Sankalp's Feed
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.

Feb 14, 2013
via India Insight

Corruption trumps reforms and economics in Kejriwal’s politics

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

The transformation of Arvind Kejriwal from taxman to anti-corruption activist and politician has been hard to ignore. He became something of a celebrity last year when he launched broadsides against rich, powerful people. That in turn gave him a platform to enter politics with his “Aam Aadmi Party” (party of the common man). Now Kejriwal, 44, must build a party in time to contest state-level elections in New Delhi this year.

Jan 15, 2013
via India Insight

Firing on LoC: Blame game and spillovers continue

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Firing between India and Pakistan along the Line of Control (LoC) in the disputed region of Kashmir has left five soldiers dead (two Indians and three Pakistanis). In India, the issue became a front-page story with the media expressing outrage over reports that the body of one Indian soldier was allegedly mutilated by the Pakistanis.

The incident fuelled tensions between the two nuclear-armed neighbours and Indian political parties have minced no words in their calls for retribution.

Jan 10, 2013
via India Insight

LoC killings: Is a third-party probe the way ahead?

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

The death toll on the Line of Control in Kashmir is four since Jan. 6: two from India’s military, two from Pakistan’s. One thing is sure: neither side started it, judging by what you hear from both countries’ armed forces and from media reports.

Dec 31, 2012
via India Insight

Yo Yo Honey Singh: A vulgar obsession or our own creation?

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(WARNING: Post contains graphic language. Reader discretion is advised. Any opinions expressed here are those of the author, and not necessarily of Thomson Reuters)

The gang rape and death of a 23-year-old woman in New Delhi this month has sparked debates on many things from an Indian society centered on the well being of men to the tendency of Bollywood films to portray women largely as mothers or sex objects. Now, some of that criticism is sticking to Punjabi rap star Honey Singh.

    • 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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