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  • Google's EU showdown offers openings to competitors Friday, 17 Apr 2015 | 11:58 AM ET

    That appears to be the European Union's strategy to pursue Google in a competition dispute by choosing to push a narrow set of charges around its shopping service, while opening another investigation of Google's Android mobile phone software. In accusing Google of anti-competitive practices against rival shopping sites, the EU competition authority said...

  • A recent dry spell in distant Kenya has since given him a reason to smile. Barkakoty is hoping the crop-damaging drought in top tea exporter Kenya will open a window of opportunity for Indian planters like him as rains improve output prospects at home. McLeod Russel's chief financial officer, Kamal Baheti, expects India's overseas tea sales to rise by 15-20...

  • April 16- Tata Consultancy Services Ltd has been sued by a white American information technology worker who accused India's largest software services exporter of overwhelming favoritism toward workers of South Asian descent in the United States. In a complaint filed on Tuesday in San Francisco federal court, Steven Heldt said 95 percent of Tata's 14,000-...

  • Prime Minister Narendra Modi announced last week that India would buy 36 French Rafale jets for an estimated $4.3 billion, in effect ending talks on a larger deal for 126 planes that would have sucked up some $20 billion and locked rivals out of the market for a generation. Saab was proposing to establish "fully-fledged production" of the Gripen in India...

  • NEW DELHI, April 16- An Indian delegation will visit Iran this week to scout for investment opportunities ahead of an anticipated nuclear deal between the OPEC- member and world powers that would soften sanctions against the country, sources privy to the plan said. India is Iran's biggest oil client after China although its imports from Tehran have declined...

  • Despite Hindu beliefs that cows are sacred— and the fact that their slaughter is banned in most of the country— India is the world's fifth-largest consumer and second-largest exporter of beef. The meat, which in India comes from bulls and buffaloes, is widely eaten in some communities, particularly by low-caste Hindus and millions of Muslims and Christians.

  • MUMBAI, April 15- India may go to the World Trade Organisation if the European Union does not reconsider a decision to suspend the sale of about 700 generic drugs that were approved based on clinical trials by GVK Biosciences Pvt Ltd, the firm's CEO said. The European Medicines Agency suspension became effective in January, a month after France, Germany, Belgium...

  • OTTAWA, April 15- The Canadian government on Wednesday unveiled a C $350 million deal to supply uranium fuel to India, formally ending a lengthy dispute that began after New Delhi used Canadian technology to develop a nuclear bomb. Canadian producer Cameco Corp will supply 7.1 million pounds of uranium concentrate to India over the next five years.

  • Unseasonal rain causes heartache for many Indian farmers Wednesday, 15 Apr 2015 | 3:50 AM ET

    LUCKNOW, India— April is usually a time of celebration for millions of farmers across northern India. The largely agrarian state— India's most populous, with 210 million people— has declared a state of emergency to seek funds from the federal government to compensate farmers. Our granary is full and we clear all our dues by selling our produce, "said Vinod Kumar, an...

  • NEW DELHI, April 15- India needs to move towards full capital account convertibility to become a leading global economy, junior finance minister Jayant Sinha said on Wednesday. Sinha's comments came a day after the International Monetary Fund predicted Asia's third-largest economy would become the fastest growing major economy in the world, outpacing...

  • MUMBAI, April 15- India may go to the World Trade Organization if the European Union does not reconsider its decision to suspend the sale of about 700 generic drugs that were approved based on clinical trials by GVK Biosciences Pvt Ltd, the firm's CEO said. The European Medicines Agency suspension became effective in January, a month after France, Germany, Belgium...

  • *India's urban population to rise to 814 million by 2050. GANDHINAGAR, India, April 15- India's push to accommodate a booming urban population and attract investment rests in large part with dozens of "smart" cities like the one being built on the dusty banks of the Sabarmati river in western India. With an urban population set to rise by more than 400 million people...

  • Is India's 'smart city' goal achievable?   Monday, 13 Apr 2015 | 6:41 PM ET
    Is India's 'smart city' goal achievable?

    To attain its dream of constructing "smart cities", India will need to solve ongoing issues in the nation's infrastructure development. CNBC's Oriel Morrison reports.

  • Modi urges Germany to invest in India Monday, 13 Apr 2015 | 9:56 AM ET

    India’s Prime Minister Narendra Modi hoped to woo investors and deepen trade links with Germany at an industrial fair in Hannover Monday.

  • KATHMANDU, April 13- Nepal's investment board on Monday cleared China's Three Gorges International Corp to build a long-delayed $1.6 billion new hydropower project, the single biggest foreign investment in the Himalayan country. The dam, to be built on the West Seti river in northwest Nepal, will generate 750 megawatts of power when complete, board official...

  • China accused of decade of cyber espionage in Asia Monday, 13 Apr 2015 | 8:43 AM ET

    An advanced group of cyber criminals that may be backed by the Chinese state has targeted India and Southeast Asia since 2004, a major online security company reported Monday.

  • In 2015, this Asian currency will outperform   Monday, 13 Apr 2015 | 12:34 AM ET
    In 2015, this Asian currency will outperform

    Along with the dissipation of India's stagflation risks, the rupee is set to outperform other Asian currencies this year, says Jonathan Cavenagh, senior FX strategist at Westpac Bank.

  • Ex-Indian Fin Min: Fighter jet deal not an issue   Sunday, 12 Apr 2015 | 6:31 PM ET
    Ex-Indian Fin Min: Fighter jet deal not an issue

    Palaniappan Chidambaram, former finance ministers of India, says India's government budget can accommodate the purchase of 36 Rafale fighter-bombers from France's Dassault Aviation.

  • NEW DELHI, April 12- World oil markets will not see a significant rise in Iranian supplies for up to five years even if the OPEC member and world powers clinch a final nuclear deal by end-June, Fatih Birol chief economist and future head of International Energy Agency said. Iran and six world powers reached a framework nuclear agreement on April 2, spurring hopes...

  • PARIS— India's prime minister on Friday announced plans to buy 36 Rafale fighter jets from France, but said negotiations on "terms and conditions" of the multibillion euro sale are ongoing. Visiting Prime Minister Narendra Modi, speaking at a joint news conference with French President Francois Hollande, said India wants the aircraft to be "ready to fly," meaning...