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  • The last hot 'BRIC' has a big weekend coming up Friday, 27 Feb 2015 | 1:24 PM ET
    U.S. President Barack Obama laughs as he talks with India's Prime Minister Narendra Modi at the Rashtrapati Bhavan presidential palace in New Delhi, Jan. 26, 2015.

    This Saturday, investors will tune in to see if India's Narendra Modi delivers on the reforms he's promised as he unveils the country's annual budget.

  • India's biggest challenges  Friday, 27 Feb 2015 | 1:02 PM ET

    CNBC's Seema Mody reports on the health of India's economy, and what analysts say could make it better. Bob Pisani looks at how investors can trade India with ETFs

  • By Swati Pandey and Patturaja Murugaboopathy SYDNEY/ BANGALORE, Feb 27- Australia's retailers, hit by tight-fisted consumers as wages grow at their slowest since at least the late 1990 s, face a worsening downturn in revenue that bolsters the case for another interest rate cut next week by the central bank. Australia's 16 retailers with market capitalisation...

  • Indian PM to unveil new budget  Friday, 27 Feb 2015 | 5:20 AM ET

    Geoff Dennis, head of GEM equity strategy at UBS, discusses the importance of Indian Prime Minister, Narendra Modi's forthcoming budget.

  • NEW DELHI— A government report says India's economy will grow more than 8 percent in the upcoming financial year and appears to have shaken off its persistent problems of high inflation, rising budget deficits and poor domestic demand. The Economic Survey, an annual report on the state of Asia's third-largest economy, said Friday that India appeared to have hit...

  • MUMBAI, Feb 27- Some staff at Indian conglomerate Sahara say they haven't been paid for several months, as the company tries to raise $1.6 billion to bail its boss Subrata Roy out of jail. Reuters interviewed 11 employees independently contacted in separate units in Delhi, Mumbai and Lucknow this week, and found workers at what was once one of India's highest...

  • India to roll out a 'disciplined budget'?  Friday, 27 Feb 2015 | 12:17 AM ET

    Jahangir Aziz, head of EM Asia Economic Research at JP Morgan, says the economic realities of India may prompt the government to refrain from big ticket spending.

  • India's government budget: What to expect  Thursday, 26 Feb 2015 | 10:30 PM ET

    Subir Gokarn, director of Research at Brookings India, outlines his expectations for the government budget due on Saturday.

  • Will railway plans bust India's fiscal deficit?  Thursday, 26 Feb 2015 | 8:43 PM ET

    While India faces issues in reining in its fiscal deficit, there is a need to increase investments to spur growth, says Duvvuri Subbarao, former governor of Reserve Bank of India.

  • CLP: China, India are primary growth markets  Thursday, 26 Feb 2015 | 6:38 PM ET

    Richard Lancaster, CEO of CLP, discusses the firm's performance in 2014. He also outlines the firm's focus within Asia, with China and India as its primary growth markets.

  • Can India's railway budget boost its economy?  Thursday, 26 Feb 2015 | 5:33 PM ET

    While plans to invest $137 billion in India's aging railway could be positive for the economy, more funding details are needed, says Nida Ali, economist at Oxford Economics.

  • Image of Asia: Improving India's crowded railway system Thursday, 26 Feb 2015 | 8:04 AM ET

    In this photo by Bikas Das, passengers hang from the doors of the coaches of a crowded local train on the outskirts of Kolkata, India. The railways budget unveiled Thursday by Railway Minister Suresh Prabhu envisions $137 billion being invested over the next five years to modernize trains and stations, improve safety and sanitation and expand the reach of the...

  • NEW DELHI, Feb 26- India's government unveiled plans on Thursday to invest $137 billion in its decrepit rail network over the next five years, heralding Prime Minister Narendra Modi's aggressive approach to building infrastructure needed to unlock faster economic growth. Over the next year, India will increase investment by about a half to 1 trillion rupees...

  • NEW DELHI, Feb 26- India will increase investment in its overloaded railway network to 8.5 trillion rupees over the next five years, the government said on Thursday, promising to modernise existing tracks but shying away from raising fares to fund the expansion. Presenting the railway budget just two days before the government delivers its first full annual...

  • TORONTO, Feb 25- Royal Bank of Canada, the country's top lender, posted a better-than-expected quarterly profit on Wednesday, driven by significant gains in its personal and commercial banking and capital markets businesses. RBC shares rose almost 3 percent to C $77.25 in Toronto, while National shares gained 2 percent to C $47.92. RBC's net income rose to C $2.46...

  • PARIS/ FRANKFURT, Feb 25- U.S. and British spies are likely to have hacked into SIM card maker Gemalto in an attempt to steal codes that protect the privacy of billions of mobile phone users, the company said, as it sought to downplay the impact and ruled out legal action. "The facts are hard to prove from a legal perspective and... the history of going after a state shows it...

  • Uber: Ride with us, we'll give you hotel points Wednesday, 25 Feb 2015 | 9:26 AM ET

    Uber is partnering with hotel chain Starwood to give riders a bit more incentive to choose the ride-hailing service over a taxi.

  • TORONTO, Feb 25- Royal Bank of Canada, the country's top lender, posted a better-than-expected quarterly profit on Wednesday, driven by significant gains in its personal and commercial banking and capital markets businesses. The results could improve investor sentiment towards Canadian banks, which took a hit after Bank of Montreal, Canada's fourth-largest...

  • PARIS/ FRANKFURT, Feb 25- U.S. and British spies probably hacked into the world's biggest maker of phone SIM cards in an attempt to steal codes that protect the privacy of billions of mobile phone users, the company said on Wednesday. The Franco-Dutch firm, Gemalto, was responding to a report on an investigative news website that said the hack allowed the Britain's...

  • Feb 25- Royal Bank of Canada, the country's biggest lender, said quarterly net profit jumped 17 percent, helped by gains in its personal and commercial banking and capital markets businesses. Net income rose to C $2.46 billion or C $1.65 per share, in the first quarter ended Jan. 31 from C $2.09 billion, or C $1.38 per share, a year earlier. RBC said on Wednesday personal...