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Vishnu Varathan, Market Economist, Mizuho Corporate Bank and Rahul Bajoria, Regional Economist, Barclays discuss the challenges facing India as its economy expands at its slowest pace in almost a decade.
The weak Indian rupee has impacted earning s at Standard Chartered Bank and India needs to exercise some “fiscal control” with regards to the currency, Jaspal Bindra, CEO Asia for Standard Chartered, said on Thursday.
India has replaced China as the world’s largest arms buyer, accounting for 10 percent of all arms purchases during the past five years, the New York Times reports.
First it was corruption of staggering proportions, then an ill-conceived tax to claw back capital gains from foreign companies; that was followed by slowing growth and a swooning rupee. Now a power blackout in India has left 700 million people without electricity.
With a drier-than-hoped monsoon season, power outages threatening to cripple large parts of the economy, high interest rates and inflation, India’s growth story has faltered this year.
India is crippled by a blackout for a second day in a row, with CNBC-TV 18's Shereen Bhan.
India's second blackout in two days cuts power for over half a billion citizens. CNBC's Bob Pisani and Jane Wells discuss.
Sanjeev Prasad, Senior Executive Director & Co-Head, Institutional Equities, Kotak Securities thinks the RBI will leave rates and the CRR unchanged. He says investors should remain defensive in the short term.
Robert Prior-Wandesforde, Director, Asia Economics, Credit Suisse says the weaker-than-usual monsoon season in India could have a huge impact on food price inflation, which would pose a risk for growth.
A weak monsoon this year, which is threatening India’s already slowing economic growth while fueling inflation, could put the central bank in a quandary ahead of its policy review meeting on Tuesday, experts tell CNBC.
Zena Hao, a 24-year-old publicist, avid follower of fashion trends and proud owner of four Prada handbags, has a new passion: fashion magazines.
For his starring role in the recent action movie “Ishaqzaade,” the young actor Arjun Kapoor did the prep work expected of an aspiring leading man in Bollywood. He took acting classes. He worked on his dancing. And he spent months transforming his flabby stomach into a gym-hardened washboard of six-pack abs. The NYT reports.
Even as the proverbial battle of supremacy between emerging economic giants China and India continues to polarize views, it seems the South Asian nation may have an edge when it comes to demography.
A.S. Thiyaga Rajan, MD at Aquarius Investment Advisors says that India could grow at about 8% if it boosts infrastructure investment.
Lei Lei Song, Senior Economist, Asian Development Bank says that Asian economies are becoming more integrated, helping them cushion a slowdown in the West.
Ajay Kapur, Head of Equity Strategy, Asia at Deutsche Bank says that India's negative story is already fully reflected in valuations of stocks, which are near 20-year lows. Indian firms have fairly good ROE as its corporate sector is reasonably efficient.
Ajay Kapur, Head of Equity Strategy, Asia at Deutsche Bank says that CIOs whom he speaks to are still bullish on equities and expect them to be higher by the end of the year.
There's growing worry about a global pilot shortage among industry experts. Asia already is experiencing a shortage. Learn why.
Adolfo Laurenti, Deputy Chief Economist & MD, Mesirow Financial, says BRIC economies face structural changes and that they need a new recipe for growth.
India’s Prime Minister Manmohan Singh, credited with turning around the economy in the 1990s, is once again fully in charge of economic policy and experts say there is growing urgency to deal with the deteriorating economy.