News Broadcasting
Now Reuters to outsource to India
LONDON: Outsourcing to India has now spread to journalism.
Reuters, which is implementing a massive cost-cutting programme, is to try out the reporting of Western business news from a base in Bangalore.
India has seen a flood of call centre and IT jobs from the West but now companies are looking at putting core operations and more sophisticated positions, such as equity research, in the country.
Reuters is to hire a reporting team to work alongside its existing data-entry operation in Bangalore.
Initially only half a dozen journalists will be taken on for the pilot scheme. They will concentrate on reporting about small and medium-sized companies listed in the United States.
David Schlesinger, Reuters’ global managing editor, said depending on the results of the trial, the journalism operation in Bangalore could be significantly expanded.
“It’s not just call centre jobs in India any more. What is very appealing is that there are a very well-educated people there, with good English…It’s a question of doing work where it is best suited,” he said.
Schlesinger said the Indian journalists would do “basic” reporting from “standardised announcements” such as company results. If the story turned out to need further investigation and interviews with company officials, Reuters journalists in the US would take over to produce updated versions of the news.
The move would enable Reuters to expand its coverage of small and medium-sized companies and that “cost was only one factor” in hiring the new journalists in India.
“We will still have journalists elsewhere doing the value-added stuff. This will free up journalists in the West for value-added, such as interviewing,” Schlesinger said.
Although Reuters is going through a restructuring process, which will see the loss of 5,000 jobs, the number of reporting positions has been almost completely protected from the drive to reduce the cost base by one billion pounds.
The company’s revenues have plummeted over the past three years as its customers in the financial services industry have retrenched.
“This pilot will not affect the jobs of any current employees,” Schlesinger said.
News Broadcasting
Rising Bharat Summit 2026 spotlights India’s global ascent
PM Modi keynotes two-day event with ministers, diplomats and icons in New Delhi.
MUMBAI: India didn’t just host a summit, it threw a coming-out party for a nation ready to own the global stage. The News18 Rising Bharat Summit 2026, held on 27–28 February in New Delhi, emerged as a high-octane platform for ideas, vision and strategic dialogue, uniting national leadership, global policymakers, industry titans, defence strategists and cultural icons under the theme “Strength Within”.
Prime minister Narendra Modi set the tone with a keynote that framed India’s resurgence as a reclaiming of lost potential built over generations. “In previous industrial revolutions, India and the Global South were merely followers,” he said. “But in the era of Artificial Intelligence, India is a partner in decisions and shaping them.” He highlighted the country’s thriving AI startup ecosystem and the recent AI Impact Summit attended by over 100 nations.
Union minister Piyush Goyal (Commerce & Industry) stressed India’s readiness to scale exports and deepen manufacturing, while Ashwini Vaishnaw (Railways, I&B, Electronics & IT) positioned technology and infrastructure as twin engines of growth, especially in AI and digital trust. Jyotiraditya Scindia (Communications & North East Development) revealed India’s ambition to lead in 6G through the Bharat 6G Alliance and partnerships with over 30 countries.
Global voices added depth: former Singapore Foreign Minister George Yeo called India’s development “self-sustaining” and strategically vital; ex-UK Chief of Defence Staff General Sir Nick Carter asserted India deserves a seat at the great powers’ table; and former US Commerce Secretary Carlos M. Gutierrez joined ambassadors from Norway, Germany and Sweden in discussions on geopolitical realignment, sustainability and defence preparedness.
Other speakers included veteran investor Ramesh Damani, World Gold Council CEO David Tait, Vianai Systems founder Dr Vishal Sikka, DeepTech Bharat Foundation co-founder Shashi Shekhar Vempati, defence experts Rajesh Kumar Singh, Sunil Ambekar, Patrick McGee, Tom Cooper and Adrian Fontanellaz, plus cultural and sporting icons Kangana Ranaut, Saina Nehwal, PR Sreejesh, Mohammed Shami, Yuzvendra Chahal, Mithali Raj, Anil Kapoor and Yami Gautam.
The summit was supported by Jio Financial Services (Presenting Partner), Phonepe and DS Group (Co-Presenting Partners), Pernod Ricard India and Kia Seltos (Powered By & Driven By), state governments of Uttar Pradesh, Chhattisgarh and Uttarakhand (State Partners), and associate partners including NSE, M3M Foundation and Reliance Industries.
Broadcast live across News18 Network, CNBC-TV18 and CNBC Awaaz, the event reinforced India’s image as a confident democracy and emerging global power proving that when strength comes from within, the world can’t help but watch.
