Globally, buying groceries online has not boomed. But in India, a stunted grocery sector offers opportunity for e-commerce players. The Financial Times reports.» Read More
Indians have been flocking to Italy, with thousands helping to support the dairy industry. The NYT reports.
"With rolling debt crises blasting Western economies already weakened by the recession, hopes are resting on the developing market dynamos of Brazil, Russia, India and China to power countries and corporations back to growth. Keeping those engines humming is due, to a greater and greater extent, to the new power of women," according to these authors.
Calls for protectionism make no sense in today's global economy and globalization was not responsible for the economic downturn, despite some claims to the contrary by politicians, Pascal Lamy, Director General of the World Trade Organization told CNBC.
Global recession in 2012 is “65 to 75 percent certain" and could deteriorate into a lengthy depression, Roger Nightingale, economist and strategist at RDN Associates, told CNBC on Monday.
As demand outpaces the constrained small supply of gold — who has the most?
Four-cent cookie, 10-cent drink, $6 for a phone and perhaps even a $1.33 per square feet home, global firms are innovating and customizing products to meet the growing demands of India’s estimated $50 billion bottom-of-the-pyramid market.
The seemingly inexorable rise in the price of gold, with record highs scaled on an almost weekly basis, has led some analysts to talk of a bubble forming.
Growth within the beer industry depends on an 'equation' of factors which are more present in developing markets than in Europe and the US, Heineken CEO Jean Francois van Boxmeer told CNBC after the beer firm posted disappointing first half results.
There may be agreement that India needs to weed out corruption, but not every Indian concurs with Anna Hazare's way of achieving that aim. The NYT reports.
Despite demand for gold falling to 17 percent in the second quarter compared to the same period in 2010, the World Gold Council says that full-year demand will increase because of a rush to safe haven assets as market volatility has ramped up.
So what countries make up the BRICS ? How did they come about? What impact do they have? CNBC explains.
Anger is mounting in India at the appointment of Dow Chemical as a 2012 Olympics sponsor, marking the fiercest criticism yet of the London committee’s sponsorship programme. The FT reports.
The downgrade of U.S. credit rating and recent financial markets volatility all threaten to deepen the economic soft patch. How will Asia cope?
Thursday's market sell-off, which saw a dramatic 500 point fall in the Dow, is just a case of market perception catching up with reality, the chief executive of one of Europe's biggest insurers told CNBC Friday.
India's economy may be headed for a sharper slowdown than most are expecting, and could see its worst growth rate since the depths of the credit crisis, according to economists at Morgan Stanley.
India’s central bank surprised the markets on Tuesday, lifting interest rates by 50 basis points to 8 percent. The move marks India’s 11th rate hike since March 2010, as the Reserve Bank battles persistent inflation, which accelerated to 9.4 percent year-over-year in June.
British luxury carmaker Rolls-Royce Motor Cars expects sales from Asia to account for 40% of its total by year-end. In an interview at his headquarters in Goodwood, England, CEO Torsten Müller-Ötvös discusses his roadmap for the Asian region with Managing Asia.
On a recent wind-whipped morning, a steel-hulled behemoth arrived at a desolate stretch of India’s western coast groaning with enough coal to power a city of one million people for more than two weeks. The New York Times reports.
Gold always falls in summer. That is the conventional wisdom among gold traders, conditioned over decades in which the period from June to August has been characterised by slack demand for bullion. The FT reports.
Indian exports are following a different path from that taken by other Asian countries like Japan, Korea and China. As the NYT reports, the South Asian country's exports of goods have been overtaking its services exports.