• Currency war: Who will be the casualties? Friday, 23 Jan 2015 | 9:45 AM ET
    An employee counts fifty euro banknotes at his desk inside a Travelex store, operated by Travelex Holdings in London.

    Central banks are in combat mode. On the front lines: Europe, Denmark, Canada, Switzerland, Peru and India.

  • *Uber applies for radio taxi license in New Delhi. NEW DELHI, Jan 23- Uber, the U.S.-based online taxi-hailing company, has restarted services in India's capital after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted. Uber's app showed taxis available for booking in New Delhi on Friday.

  • *Application follows tie-up in Korea, CEO job-creation promise. NEW DELHI, Jan 23- U.S. taxi-hailing app maker Uber Technologies Inc has restarted services in India's capital after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted. The service restoration comes as Uber works to counter...

  • Hazy skies will serve as the backdrop to meetings with Indian Prime Minister Narendra Modi and other officials who are expected to discuss India's biggest environmental woes: Heavy reliance on fossil fuels that has transformed New Delhi into the planet's most polluted capital and made India the third biggest national emitter of greenhouse gases.

  • More rate cuts to come in India?  Thursday, 22 Jan 2015 | 8:40 PM ET

    Arundhati Bhattacharya , Chairperson of State Bank of India, believes that the Reserve Bank of India's unscheduled rate cut last week signals the start of an easing cycle.

  • India welcomes drop in inflation  Thursday, 22 Jan 2015 | 2:20 PM ET

    India's finance minister Arun Jaitley, discussed the impact of declining oil prices. CNBC's Seema Mody reports on the benefit of the crude collapse to India.

  • NEW DELHI, Jan 22- Tata Motors Ltd, India's top automaker by revenue, is looking to shake off its image as a taxi supplier by targeting younger customers with its new Bolt hatchback model. "For a long time Tata Motors has been selling to fleet customers, and selling to them is very different from selling to individuals and families," said Mayank Pareek, president of Tata...

  • NEW DELHI, Jan 22- India and the United States were trying to narrow differences on nuclear trade on Thursday ahead of President Barack Obama's visit, but New Delhi ruled out a change in its liability law that has choked off U.S. investment. Nuclear commerce worth billions of dollars was meant to be the centrepiece of a new strategic relationship between the...

  • *Saudi Arabia 2015 growth forecast cut to 3.2 pct from 4.3 pct. *Even Oman, Bahrain to sustain solid growth. As a result, Saudi Arabia's hydrocarbon export revenue in 2015 is forecast to tumble to $213 billion, instead of totalling $290 billion as the September survey predicted.

  • India, U.S. near tax pact to boost foreign investment Thursday, 22 Jan 2015 | 6:02 AM ET

    MUMBAI, Jan 22- India is set to strike a bilateral tax agreement with the United States as early as this weekend, hoping to boost foreign investment and ease concerns raised by bruising disputes including cases against Vodafone and Shell. President Barack Obama' s visit to India, which begins on Sunday. Transfer pricing, or the value at which multinational...

  • NEW DELHI, Jan 22- India has asked its refiners to slash oil buys from Iran in the next two months to keep the imports in line with the previous fiscal year's levels, sources with knowledge of the matter said, days ahead of President Barack Obama's visit to New Delhi. India and the United States will discuss the status of the Iran nuclear negotiations, Ben Rhodes,...

  • India to push renewable energy drive during Obama visit Thursday, 22 Jan 2015 | 4:26 AM ET

    WASHINGTON/ NEW DELHI, Jan 22- India will look to the United States for more private sector partnerships and technology to support a drive to expand its use of clean energy, as Washington looks to secure political support for a global climate change deal in 2015.. India will surely be looking for the means to technology transfer to boost renewable energy, "said...

  • India's budget: What to expect  Thursday, 22 Jan 2015 | 4:25 AM ET

    At the World Economic Forum, Arun Jaitley, finance minister of India, talks about the upcoming budget announcement and what to expect.

  • India's on the right track to success  Thursday, 22 Jan 2015 | 4:10 AM ET

    At the World Economic Forum, Arun Jaitley, finance minister of India, says the country hopes to achieve monumental tax reforms over the next months.

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • Jan 21- More than 4,000 employees of American Express Co will lose their jobs over the next year as part of a restructuring program at the credit card company, a spokeswoman said. This will occur over the course a year throughout the organization, " Marina Hoffmann Norville, a spokeswoman for American Express, said in an email. It said American Express would continue...

  • Tata CEO: RBI move is a 'big positive signal'  Wednesday, 21 Jan 2015 | 5:45 PM ET

    Natarajan Chandrasekaran, CEO of Tata Consultancy Services, says the Reserve Bank of India's unscheduled rate cut last week bolstered optimism about India's outlook and outlines how the company stands to benefit.

  • Jan 21- American Express Co plans to cut more than 4,000 jobs over the next year, CNBC reported on Wednesday, citing an unnamed company representative. American Express, which reported fourth-quarter results, was not immediately available for comment when contacted by Reuters. American Express reported a 10.7 percent rise in fourth-quarter profit as...

  • AmEx profit rises 10.7 pct Wednesday, 21 Jan 2015 | 4:22 PM ET

    Jan 21- American Express Co, the world's largest credit card issuer, reported a 10.7 percent rise in fourth-quarter profit as customers in the United States spent more using its cards and the company earned higher net interest income. Net income rose to $1.45 billion, or $1.39 per share, for the fourth quarter ended Dec. 31, from $1.31 billion, or $1.21 per share, a year...

  • Infosys: Not worried about US politics, stronger dollar  Wednesday, 21 Jan 2015 | 12:51 AM ET

    Vishal Sikka, CEO of Infosys, explains why he isn't worried about rising collision between the Democrats and Republicans, as well as the possible impact of a strengthening U.S. dollar.