(MUMBAI) India's Tata Nano was launched last year with great fanfare as a 100,000 rupee (S$3,060) vehicle - a round number that neatly encapsulated its status as the world's cheapest car.

(NEW DELHI) Growth in Indian industrial output eased in January, as forecast after a record expansion in December, and analysts said it could ease further following moves to withdraw stimulus and expectations for a rate rise.