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.» Read More
Emerging markets have had a bad year, but market pros still see investing in countries in South America, Asia and elsewhere as reliable long-term plays.
India's growth story is now being driven by "fringe" consumers, with marketeers now targeting both the under-25 and the 60-plus, the super rich and the poor.
The Chairman of Harman International says, "Innovation is critical to the heartbeat of any successful corporation in the industrialized world. But competing in emerging markets where vast differences exist in per-capita incomes, infrastructure, customer preferences and environmental pressures, requires redefining the concept of innovation."
Worldwide oil consumption has more than doubled in the past five years, and Petrobras plans to grow with it, Chief Executive Jose Sergio Gabrielli de Azevedo told CNBC Thursday.
This week, India opened its doors to foreign retailers in a move that is expected to open the floodgates to western brands entering the skyrocketing Indian market.
Housing slumps but stocks jump in China, a reversal for Japanese bond yields and deficit problems dog India.
The world's central bankers have shown they've learned a lot from the 2008 financial crisis by taking coordinated action Wednesday to ease strains on the financial system, Goldman Sachs Asset Management CEO Jim O'Neill told CNBC Wednesday.
The Western world has run out of ideas and is "finished financially" while emerging economies across the world will continue to grow, David Murrin, CIO at Emergent Asset Management told CNBC on the tenth anniversary of coining of the so-called BRIC nations of Brazil, Russia, India and China, by Goldman Sachs' Jim O'Neill.
Measures taken by the Indian government to open up the country to foreign investment could see it match Chinese growth rates, Goldman Sachs’ Chairman Jim O’Neill told CNBC Wednesday.
Indian companies are coming under financial stress after the sharp fall of the rupee against the dollar during the past few months made once-cheap loans in the US currency much more expensive, analysts warn. The FT reports.
Multinational retailers have so far responded cautiously to news that India is opening up its supermarket sector, because of tough conditions imposed, fears over labor backlash and expected bargaining with farmers. The FT reports.
India's economy, which was relatively sheltered during the last financial crisis in 2008, is looking especially fragile this time around.
The British fret over Europe and Germany's bond auction disappoints - it's time for your FX Fix.
India has recently pulled far ahead of China on one dubious development marker — air pollution in the country’s capital. The NYT reports.
Despite calls from some of its investors, Medtronic won't be spinning off any more business units, Chief Executive Omar Ishrak told CNBC Tuesday.
Contagion fears rise in Europe and the British go shopping - it's time for your FX Fix.
Can India transition from being the favored destination for offshored services to a locus of innovation?
India faces many short-term macro challenges including a string of corruption scandals and persistently high inflation. However, the long-term story in India continues to be attractive.
The new mobile phone app called FightBack aims to give women in India the ability to report crimes and call for help across a variety of platforms, using social networks like Twitter and Facebook. The NYT reports.
European and U.S. inflation will rise in the medium- to long-term, according to Berdibek Ahmedov, manager for European and UK real return products at Pacific Investment Management Company (Pimco).