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  • Monkey menace in India   Monday, 23 Mar 2015 | 1:51 PM ET
    Monkey menace in India

    Agra, India, is being overrun by monkeys, reports CNBC's Tyler Mathisen.

  • March 23- Pfizer Inc and Eli Lilly and Co will resume a late-stage study testing their pain drug tanezumab after the U.S. Food and Drug Administration lifted a partial hold on it. Pfizer expects to receive a $200 million upfront payment from Lilly as a result of the development, the companies said on Monday. In 2013, Pfizer forged a deal with Lilly to jointly develop...

  • MUMBAI, March 23- Indian farmer Nitin Tarode wants to sell his old bull to help pay for his sister's wedding after his income was hit by patchy rainfall. Even lions, tigers and leopards in Mumbai's national park are being fed chicken and mutton rather than their usual beef because the city's main abbatoir has been shut for the past two weeks, said S.D. Saste, the park's...

  • "Now I will have to take a loan for my sister's wedding," says Tarode, the oldest of five siblings and the only earning member of his family in Akola, nearly 600 km inland from Mumbai. Even lions, tigers and leopards in Mumbai's national park are being fed chicken and mutton rather than their usual beef because the city's main abbatoir has been shut for the past two weeks,...

  • MUMBAI, March 23- India's highest court will decide the future of conglomerate Sahara later on Monday, when it rules on whether time has run out for the controversial business empire to raise the $1.6 billion it needs to free its jailed chief. If it fails to raise the cash, the court could appoint a receiver to auction its assets, which include properties such as New...

  • And now, families like his are firing the exceptional growth of regional newspapers in India. "Newspapers, especially in the regional languages, are a fast-growing space in India right now. Democratic India has had a long history of print news; the first newspaper was founded more than 230 years ago.

  • Five themes Asia investors need to know Thursday, 19 Mar 2015 | 8:50 PM ET
    An Indonesian man looks at a running display showing share prices at the stocks exchange building in Jakarta.

    Volatility has become a market hallmark this year and investors across Asia are grappling with a slew of issues. Here are the top five themes.

  • Solar-powered plane lands in Myanmar on latest leg Thursday, 19 Mar 2015 | 1:58 AM ET

    NEW DELHI— A solar-powered airplane on a historic round-the-world journey took off Thursday from the northern Indian town of Varanasi and was headed for its next stop in Myanmar. The journey of the world's first aircraft powered by solar energy began in Abu Dhabi on March 9, when Borschberg flew the first leg of the trip from Abu Dhabi to Muscat, Oman.

  • MUMBAI, March 19- India's debt-laden property developers are turning to deep discounts, free parking spots and even gimmicks like gifts of gold coins and motorbikes as they struggle to sell billions of dollars worth of as-yet unfinished homes. It's not just bad news for developers in megacities like Mumbai, now seeking ways to offload inventory with...

  • Charity attacks Gilead over hepatitis C drug restrictions Wednesday, 18 Mar 2015 | 4:17 PM ET

    March 18- Charity Medecins Sans Frontieres has accused U.S. drugmaker Gilead Sciences Inc of restricting access to its breakthrough hepatitis C drug Sovaldi in developing countries as it tries to protect profit margin in wealthier nations. "We're seeing Gilead trying everything it can to squeeze every last drop of profit out of some middle-income and...

  • NEW DELHI/ MUMBAI, March 18- India plans to strip its central bank of authority to regulate government bonds but leave it in charge of other money market instruments, setting the stage for a confrontation with Reserve Bank of India Governor Raghuram Rajan. What would be the biggest regulatory shakeup in a generation is expected to overshadow policy meetings...

  • NEW DELHI, March 18- India plans to strip the Reserve Bank of India of its powers to regulate government bonds, but leave the central bank in charge of other money market instruments, three government sources with direct knowledge of the matter said on Wednesday. The move is part of a major overhaul of the financial system that aims to deepen bond markets by...

  • Gauging the possibility of 'Taper Tantrum 2.0'   Tuesday, 17 Mar 2015 | 11:12 PM ET
    Gauging the possibility of 'Taper Tantrum 2.0'

    While markets are not pricing in a June rate hike, the scope of adjustment will be smaller than what happened in 2013, says Manpreet Gill, senior investment strategist at Standard Chartered.

  • BERLIN/ WASHINGTON, March 17 (Reuters)- The United States urged countries on Tuesday to think twice about signing up to a new China- led Asian development bank that Washington sees as a rival to the World Bank after Germany, France and Italy followed Britain in saying they would join. The concerted move by U.S. allies to participate in Beijing's flagship economic...

  • MUMBAI, March 17- Emerging markets need to be prepared for the impact of a rise in U.S. interest rates which could still surprise in both timing and pace, the head of the International Monetary Fund, Christine Lagarde, said on Tuesday. In a speech in Mumbai, Lagarde warned that there could be a repeat of the so-called "taper tantrum" seen in 2013 when then Federal Reserve...

  • PARIS/ BEIJING, March 17- Germany, France and Italy said on Tuesday they had agreed to join a new China- led Asian investment bank after close ally Britain defied U.S. pressure to become a founder member of a venture seen in Washington as a rival to the World Bank. It comes amid prickly trade negotiations between Brussels and Washington, and at a time when EU and Asian...

  • MUMBAI, March 17- Emerging markets must prepare for the impact of a rise in U.S. interest rates which could surprise in both its timing and pace, the head of the International Monetary Fund said in India on Tuesday. In a speech in Mumbai, Managing Director Christine Lagarde warned the so-called "taper tantrum" that slammed emerging markets in 2013 could be repeated.

  • Inside India's economic transformation   Monday, 16 Mar 2015 | 1:16 PM ET
    Inside India's economic transformation

    CNBC's Seema Mody reports on what country IMF's Christine Lagarde called the bright spot in a cloudy global economy.

  • MUMBAI, March 16- Several Indian life insurance firms are courting private equity investors to boost their capital ahead of potential IPOs, which became more feasible after a new law allowing higher foreign ownership in a sector that last year was worth $50 billion. The law, approved last week, lets insurers including Britain's Prudential PLC, Standard Life and...

  • NEW DELHI, March 16- Greece needs to implement structural reforms, International Monetary Fund Managing Director Christine Lagarde said on Monday, echoing other international creditors who have urged Athens to implement reforms to secure urgently needed funds. Although Athens has been granted a four-month extension to the bailout deal, the Feb. 20 accord...