GO
Loading...

Enter multiple symbols separated by commas

India

More

  • Tracking Modi's 1-year reportcard on reforms   Monday, 25 May 2015 | 8:46 PM ET
    Tracking Modi's 1-year reportcard on reforms

    Rahul Bajoria, regional economist at Barclays, expects key reforms involving the goods and services tax (GST) and land acquisition to be cleared within the next 6-12 months.

  • One year at office, how has Modi fared?   Monday, 25 May 2015 | 6:33 PM ET
    One year at office, how has Modi fared?

    While Prime Minister Modi has been successful on the international stage, the Indian economy has yet to see a "significant revival," says Rajiv Biswas, Asia Pacific chief economist at IHS Global Insight.

  • JOHANNESBURG, May 25- South African fast-food restaurant group Famous Brands plans to enter Ghana this year as part of its drive to grow beyond a domestic market held back by high unemployment and sharply rising electricity costs. However the company, which runs Steers, Debonairs Pizza and Wimpy restaurants, said on Monday it was pulling out of India less than...

  • India: A massive opportunity for e-commerce   Monday, 25 May 2015 | 4:40 AM ET
    India: A massive opportunity for e-commerce

    Ron Kalifa, deputy chairman at Worldpay, explains why it's "natural" for them to tap into the India's e-commerce markets.

  • Loan recovery eludes India's banks Sunday, 24 May 2015 | 7:59 PM ET

    A recovery in India's credit growth could elude its banks until early 2016, despite an economy that likely outpaced China in the first quarter.

  • MUMBAI, May 24- Fewer auspicious days later this year compelled Ramesh Phalke, an auto company employee in India's Maharashtra state, to hold his daughter's wedding in May. Gold is an essential part of the bride's dowry in India and also a popular gift from family and guests at weddings. "Jewellery demand could drop by 30 percent in the second half due to fewer...

  • Fall-off in Indian weddings bodes ill for jewelers, gold Saturday, 23 May 2015 | 10:00 PM ET

    MUMBAI, May 24- Fewer auspicious days later this year compelled Ramesh Phalke, an auto company employee in India's Maharashtra state, to hold his daughter's wedding in May. Gold is an essential part of the bride's dowry in India and also a popular gift from family and guests at weddings. "Jewelry demand could drop by 30 percent in the second half due to fewer weddings,"...

  • *No discount if oil prices average $60/ bbl in June qtr. NEW DELHI, May 22- India plans to reform rules governing the level of discounts upstream state oil firms including ONGC offer to retailers, a senior finance ministry official said on Friday, a move that could expedite the sale of a stake in the company. Currently ONGC, Oil India and GAIL sell crude and fuels like...

  • May 22- EU Medicines Agency:. *EU Medicines Agency recommendations for May 2015. *Recommends approval of cholesterol drug Repatha from Amgen Inc.

  • SINGAPORE, May 22- China is likely to hold a 25-30 percent stake in the new Asian Infrastructure Investment Bank while India will be the second-biggest shareholder, delegates said on Friday after a three-day meeting of the bank's founding member-nations. No details of the ownership structure were disclosed, but delegates told Reuters that China would likely...

  • SINGAPORE/ NEW DELHI, May 22- China-backed Asia Infrastructure Investment Bank on Friday set an ambitious target to become operational by the end of the year after a three-day meeting of prospective founding member nations in Singapore. Delegates told Reuters that China would likely take a 25-30 percent stake in the bank, and India was likely to be the...

  • Tuk-tuk taxi maker aims to make inroads in US Friday, 22 May 2015 | 2:24 AM ET

    DENVER— They're ubiquitous in Asia, swarming the bustling streets of Bangkok, New Delhi and Beijing. The Tuk Tuk Factory, based in Amsterdam, has signed a licensing agreement with Denver- based eTuk USA to allow the company to manufacture and sell an electric version of the vehicle. The three partners' other company, eTuk Denver, launched a call-and-demand shuttle...

  • May 22- China will likely take a 25-30 percent stake in the Asian Infrastructure Investment Bank and India is likely to be the second-largest shareholder, delegates attending a meeting of the bank's founding members said on Friday. China's share in the $100 billion lender will be less than 30 percent, an Asian delegate attending the meeting in Singapore told...

  • How India is eradicating hurdles of doing business   Thursday, 21 May 2015 | 9:12 PM ET
    How India is eradicating hurdles of doing business

    Jayant Sinha, Minister of State for Finance, India, says an "ambitious plan" is at work to bring the quality of India's infrastructure up to world-class levels.

  • NEW DELHI, May 21- India's central bank is working to liberalize its foreign exchange rules to make it easier to do business with Asia's third-largest economy, Deputy Governor H.R. Khan said on Thursday, a step that could support flagging exports. "We have got a positive response from the RBI and it could soon issue directions to banks," said S.C. Ralhan, president of...

  • Watch out for a wave of equity issuance in China   Wednesday, 20 May 2015 | 6:43 PM ET
    Bad is good for China markets

    A wave of equity issuance may cap the market's upside moving forward, but it could also play to the benefit of bond holders, says Michael Kelly, managing director, global head of Asset Allocation at Pinebridge Investments.

  • MUMBAI, May 20- India's Tata Steel Ltd said it expected a rebound in steel demand in its home market and modest growth in Europe this year, after reporting a $889 million quarterly loss inflated by a hefty impairment on its UK business. The consolidated fourth quarter loss from Tata Steel, Europe's second-largest steelmaker, compares with a net profit of 10.36...

  • India's gold monetisation plan lacks lustre - industry Wednesday, 20 May 2015 | 9:24 AM ET

    *Banks worry over operational costs. SINGAPORE/ MUMBAI, May 20- A proposal in India to attract thousands of tonnes of gold owned by households into a bank deposit scheme will likely fail in its current form as it does not address some key concerns for banks and consumers. Deposit schemes, similar to the one proposed on Tuesday by the Narendra Modi- led government, have...

  • RBI rate cut on June 2 is a given: Deutsche Bank   Wednesday, 20 May 2015 | 12:23 AM ET
    RBI rate cut on June 2 is a given: Deutsche Bank

    Pratik Gupta, head of Equities, India at Deutsche Bank, says markets will likely be disappointed if the Reserve Bank of India doesn't cut interest rates by 25 basis points next month.

  • These factors will take China stocks higher   Tuesday, 19 May 2015 | 11:42 PM ET
    These factors will take China stocks higher

    Alex Muromcew, managing Director at TIAA-CREF, says a rush to reverse underweight positions among institutional investors, alongside more policy easing, will take Chinese stocks higher.