one fellow's political coverage, music ramblings and general hijinks across decades under a range of guises at several locations often in a state of awe.
When entrepreneur and adventurer Dick Smith and his wife Pip saw an unclothed child and her homeless family out of their train window in India, they wondered if they could help.
Continue reading “Finding Divya: The search for one girl under a bridge in India”
India’s rupee has rebounded slightly after slumping to a record low against the US dollar.
Continue reading “Govt under pressure as Indian rupee slumps”
The Indian telecoms minister has been forced to resign over his role in claims of multi-billion dollar losses to India’s government in the sale of a telecommunications network.
Continue reading “Indian minister resigns over massive losses”
At the start of this year, India was rocked by revelations that the huge software and outsourcing group Satyam had overestimated its profits to the tune of around $US1 billion. Before his arrest, chairman and IT poster-boy Ramalinga Raju said he had been “riding a tiger, not knowing how to get off without being eaten”.
More than 700 economists are currently meeting in the Indian capital, New Delhi, in an annual forum hosted by the Confederation of Indian Industry and the World Economic Forum. With its domestic growth contracting and the international economy in crisis, the discussions of an Indian gold rush from last year’s event are this year replaced by a sense of dread – enshined in a new report called India at Risk 2008. Adit Jain is the managing director of International Market Assessment India, a strategic business research firm based in New Delhi. Mr Jain reviews the report’s four risks to India’s economy.
Continue reading “Report highlights risks to India’s economy”
India’s prime minister Manmohan Singh has been winding up a three-day visit to Beijing, where he’s met with his Chinese counterparts to discuss strengthening economic and trade ties, and defusing long-standing border issues. One of the outcomes of the talks is the lifting of two-way trade to 60-billion dollars by 2010. Some of that trade will pass through the tiny Indian state of Sikkim, where the Natha La Pass through the mountains was once a key part of the Silk Route.
