Ranbaxy Laboratories issued a recall of generic versions of the cholesterol drug Lipitor in the U.S. because of potential dosage issues, WSJ reported.» Read More
Tensions with Iran, rather than supply and demand, may be the reason gas prices have been consistently climbing, but what has yet to be seen is the impact that this will have on the economy and the country on the whole.
Yum is targeting Indian students and young office workers with adaptations of popular Western fast-food products designed to appeal to their unique tastes — hoping this will mirror its success story in China, which now contributes half of its operating profit.
Ramya Suryanarayanan, Economist, DBS Group Research is concerned about the slowdown in India's economy this year and thinks that the RBI won't have much room to reduce interest rates to stimulate growth.
Investors turning to the still-expanding BRIC economies of Brazil, Russia, India and China should be aware that these countries remain exposed to risks – including internal conflict and the impact of climate change – which could undermine their potential for attractive returns, a new report by global analysts Maplecroft warned on Monday.
"From a policy stand point and a strategy stand point, it is very clear that India needs an enormous amount of cash, given the growth opportunity," Vikram Gandhi, founder and CEO of VSG Capital Advisors, told CNBC as India is considering allowing foreigners to invest in local corporate bonds.
Worries over the European debt crisis, a slow recovery in the U.S. and fears over a "hard landing" for China’s economy have left global investors searching for new markets to put their money in. What are the countries with the best prospects for growth?
Demand for gold hit an all-time high in 2011 as European, Indian and Chinese demand soared.
Couples in India may be getting a break from Hindu extremists on this Valentine’s Day, but they will find pursuing love is more expensive this year. The New York Times reports.
American companies adding outsourcing and back office operations in Hyderabad, Bangalore, and Mumbai, are resulting in a boon for high-end hotel brands seeking to build properties in India. The New York Times reports.
Over the last decade, domestic air traffic in India has grown from 13 million people annually to an estimated 52 million in 2011, making it the fastest-growing passenger market among major economies. Yet India’s airline industry is losing money and in deep debt, with few solutions in sight.
Reports that Brazil might follow India in purchasing the Rafale jetfighter from French plane maker Dassault Aviation will not only benefit to Dassault, but will also help electronics group Thales, Francois Mallet, managing director head of equity at Kepler Capital Markets said on Monday.
India still struggles to make its food fit for consumption. From rat poison found in vegetables and Diwali-festival sweets laced with caustic soda -- adulteration is rife.
Bharti Airtel, the world's fifth-biggest mobile phone carrier by subscribers, reported a 22 percent fall in quarterly profit — its eighth straight quarter of declining profits — hit by higher interest costs and losses on currency fluctuations.
Surging capital inflows, booming stock markets and a fast-appreciating currency suggest the India story is again shining after a dismal 2011.
The parts of the emerging markets that will continue to outperform, with Tim Seymour, Seygem Asset Management.
Internet giants Google and Facebook removed content from some Indian domain websites on Monday following a court directive warning them of a crackdown "like China" if they did not take steps to protect religious sensibilities.
Private equity firms looking to invest in Indian companies can hope to strike better bargains in 2012, as valuations are at a low owing to a weak stock market and the struggling rupee gives investors more for their dollar, say industry experts.
Ikea is withholding its entry into India in spite of New Delhi’s move to open its market to foreign retailers as the Swedish homewares company accelerates its expansion in other Brics countries. The FT reports.
In an age of celebrity and fame, Hollywood might seem like a great place to make money fast, but while the payoffs in major film production can be massive, so can the losses.
Negotiations and economic news roil the euro but Japan stays the course — it's time for your FX Fix.