Monday, August 29, 2011

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India's Economy Grows More Than Estimated
Bloomberg
By Kartik Goyal - Tue Aug 30 05:59:03 GMT 2011 India's economy grew faster than estimated last quarter, maintaining pressure on the central bank to extend its record interest-rate increases even as the global recovery weakens. ...
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Why India's Corruption Fight Is Just Beginning
TIME
Others note that India already has anti-corruption laws, as well as several government bodies charged with implementing them. Ultimately, cleansing the country of corruption may take more than a new law. "There are no simple solutions," said Rahul ...
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India Digest: Anna's Call for Right to Recall Has No Takers
Wall Street Journal (blog)
(Source: The Times of India) Rain whips Mumbai, one dead near Haji Ali: Mumbai had a nasty start to its week. Heavy rains whipped the city, making the morning insidious for commuters. A portion of a small hill near the city's famous Haji Ali Dargah ...
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India to receive 200 bn euro loan from EU
Economic Times
BERLIN: India will receive a loan of 200 million euros from the European Union to finance private sector projects for the development of renewable energy resources. The EU's assistance comes as part of its "strategic partnership" with India and will be ...
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US debt rating cut: India is likely to absorb the shock
Business Today
In India, the Bombay Stock Exchange, or BSE, Sensex shed 1.82 per cent, or over 315 points, on August 8. Is it yesterday once more for investors in the short to medium term? In 2008, the Sensex had crashed close to 58 per cent from its peak of 20827 on ...
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Business Today
Maruti: May Partially Resume Plant Operations Tuesday
Wall Street Journal
By SANTANU CHOUDHURY NEW DELHI -- Maruti Suzuki India Ltd. may partially resume operations later Tuesday at one of its factories in north India where the auto maker has asked about 1600 workers to sign a "good conduct bond," said a spokesman for the ...
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* Reserve Bank of India opening doors for corporates to enter banking industry
Financial Times (blog)
Reserve Bank of India opening doors for corporates to enter banking industry The Reserve Bank of India laid down the broad rules of the game: finance companies can be converted into banks, and promoter groups with "sound credentials and integrity" and ...
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India's Economy Grows 7.7%
Wall Street Journal
NEW DELHI -- The Indian economy expanded 7.7% in the April-June quarter from a year earlier, helped by strong growth in the services sector, according to data issued by the Central Statistical Organisation Tuesday. A worker cuts steel bars inside a ...
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