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  • NEW DELHI, April 24- When Afghan President Ashraf Ghani makes his first official visit to India next week, it will be a chance for New Delhi to regain ground lost to regional rivals Pakistan and China and push interests including trade routes and arms sales. China's emerging role in Afghanistan, and its announcement this week of $46 billion of investment in...

  • MUMBAI, April 21- An Indian parliamentary committee has recommended that price caps should be extended to all drugs in the country and that the government should expedite the capping process. Indian law allows the National Pharmaceutical Pricing Authority regulator to fix prices of drugs on a list of essential medicines, thereby keeping prices in check in a...

  • Tracking China-Pakistan 'iron brothers' ties   Monday, 20 Apr 2015 | 6:51 PM ET
    Tracking China-Pakistan 'iron brothers' ties

    While China and Pakistan share strong political ties, the relationship has become complicated in recent years, says Kerry Brown, director, China Studies Centre & Professor of Chinese Politics from University of Sydney.

  • *Bid seen coinciding with Pininfarina shareholder meeting-sources. MILAN, April 20- Indian vehicle maker Mahindra& Mahindra aims to present a formal offer for Pininfarina in time for the Italian car designer's shareholder meeting on April 29, two sources with knowledge of the matter said. Debt-laden Pininfarina, which has a market value of 162 million euros,...

  • ISLAMABAD— Chinese President Xi Jinping arrived in Pakistan on Monday for a two-day visit in which he is expected to announce $45 billion worth of investment projects in energy and infrastructure development. Pakistan's minister for planning and development, Ahsan Iqbal, said the Chinese leader's expected announcement on the projects is "proof of our great...

  • 'India's positivity is tremendous': Godrej   Sunday, 19 Apr 2015 | 11:22 PM ET
    'India's positivity is tremendous': Godrej

    Adi Godrej, chairman of Godrej Group, says positive factors in India's economy outweigh worries over issues like tax, which are "relatively small and minor."

  • *Kotak, Axis Bank targeting strong growth. MUMBAI, April 20- Indian banks, hoping to offset a slow recovery in corporate lending, are pushing into credit cards and personal loans, using blanket advertising, cold call campaigns and even sending employees to malls to lure customers. India's 20 million credit cards-- for a population of 1.3 billion-- amount to just 0.5...

  • REUTERS BUSINESS SCHEDULE AT 2000 GMT / 4:00 p.m. ET Sunday, 19 Apr 2015 | 4:50 PM ET

    ATHENS- Euro zone deputy finance ministers will meet midweek ahead of a Eurogroup finance ministers' gathering two days later, a Greek government official tells Reuters, as Athens and its creditors continue to seek a deal on reforms to unlock aid. BOJ's Kuroda says Japan inflation to' gradually accelerate' toward target. WAYZATA, Minn.- Bank of Japan Governor...

  • 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...

  • Drop in 'unbanked' population most prominent here   Wednesday, 15 Apr 2015 | 6:37 PM ET
    Drop in 'unbanked' population most prominent here

    According to the 2014 Global Findex report, the world's "unbanked" population saw the fastest drop in countries like China and Sub-Saharan Africa, says Leora Klapper, leader, Global Findex Task Team at the World Bank.

  • What diamond prices are signaling about inflation Wednesday, 15 Apr 2015 | 2:59 PM ET
    Diamonds

    Diamond prices have fallen 14 percent over the last year, but does that point to a larger trend of global deflation?

  • 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...