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  • MUMBAI, April 15- India may go to the World Trade Organization if the European Union does not reconsider its decision to suspend the sale of about 700 generic drugs that were approved based on clinical trials by GVK Biosciences Pvt Ltd, the firm's CEO said. The European Medicines Agency suspension became effective in January, a month after France, Germany, Belgium...

  • *India's urban population to rise to 814 million by 2050. GANDHINAGAR, India, April 15- India's push to accommodate a booming urban population and attract investment rests in large part with dozens of "smart" cities like the one being built on the dusty banks of the Sabarmati river in western India. With an urban population set to rise by more than 400 million people...

  • Is India's 'smart cities' project too ambitious?   Monday, 13 Apr 2015 | 8:45 PM ET
    Is India's 'smart cities' project too ambitious?

    While India's plan to get its cities working more efficiently is ambitious, it is a positive news for investors, says Nicholas Holt, Asia Pacific Head of Research at Knight Frank.

  • India, Indonesia will cut rates, but not now: Pro

    Taimur Baig, chief economist for Asia at Deutsche Bank, explains why the central banks in Indonesia and India will hold off easing until later this year.

  • Is India's 'smart city' goal achievable?   Monday, 13 Apr 2015 | 6:41 PM ET
    Is India's 'smart city' goal achievable?

    To attain its dream of constructing "smart cities", India will need to solve ongoing issues in the nation's infrastructure development. CNBC's Oriel Morrison reports.

  • Modi urges Germany to invest in India Monday, 13 Apr 2015 | 9:56 AM ET

    India’s Prime Minister Narendra Modi hoped to woo investors and deepen trade links with Germany at an industrial fair in Hannover Monday.

  • KATHMANDU, April 13- Nepal's investment board on Monday cleared China's Three Gorges International Corp to build a long-delayed $1.6 billion new hydropower project, the single biggest foreign investment in the Himalayan country. The dam, to be built on the West Seti river in northwest Nepal, will generate 750 megawatts of power when complete, board official...

  • China accused of decade of cyber espionage in Asia Monday, 13 Apr 2015 | 8:43 AM ET

    An advanced group of cyber criminals that may be backed by the Chinese state has targeted India and Southeast Asia since 2004, a major online security company reported Monday.

  • In 2015, this Asian currency will outperform   Monday, 13 Apr 2015 | 12:34 AM ET
    In 2015, this Asian currency will outperform

    Along with the dissipation of India's stagflation risks, the rupee is set to outperform other Asian currencies this year, says Jonathan Cavenagh, senior FX strategist at Westpac Bank.

  • Ex-Indian Fin Min: Fighter jet deal not an issue   Sunday, 12 Apr 2015 | 6:31 PM ET
    Ex-Indian Fin Min: Fighter jet deal not an issue

    Palaniappan Chidambaram, former finance ministers of India, says India's government budget can accommodate the purchase of 36 Rafale fighter-bombers from France's Dassault Aviation.

  • NEW DELHI, April 12- World oil markets will not see a significant rise in Iranian supplies for up to five years even if the OPEC member and world powers clinch a final nuclear deal by end-June, Fatih Birol chief economist and future head of International Energy Agency said. Iran and six world powers reached a framework nuclear agreement on April 2, spurring hopes...

  • SHENZHEN/ HONG KONG, April 10- Lining the glass display cases of Shenzhen's giant tech malls, knock-off versions of Apple Inc's smartwatch were on sale at many stalls, with some Chinese consumers eager to snap them up for a fraction of the cost of the original. On Friday, Apple, the world's most valuable technology company, started previewing the Apple Watch, its...

  • Ola Cabs: How we're battling Uber   Friday, 10 Apr 2015 | 12:43 AM ET
    Ola Cabs: How we're battling Uber

    Bhavish Aggarwal, co-Founder and CEO of Ola Cabs, discusses how the taxi app plans to take on Uber, which is reportedly entering India's auto-rickshaw space.

  • India's rich temples may open gold vaults for PM Modi Thursday, 9 Apr 2015 | 5:00 PM ET

    It is one of India's richest temples, having amassed 158 kg of gold offerings, worth some $67 million, and its heavily guarded vaults are strictly off limits. Now, Prime Minister Narendra Modi wants to get his hands on this temple gold, estimated at about 3,000 tonnes, more than two thirds of the gold held in the U.S bullion depository at Fort Knox, Kentucky, to help...

  • Engineers compete to make salt water drinkable Thursday, 9 Apr 2015 | 12:09 PM ET
    Tanks that hold the water to be filtered through the desalination machines at the Desal Prize test site in Alamogordo, NM.

    Tech competitors have converged on New Mexico to help the developing world——and maybe drought-stricken California.

  • India's reforms: Domestic focus is the right focus   Thursday, 9 Apr 2015 | 4:30 AM ET
    India's reforms: Domestic focus is the right focus

    Jan Dehn, head of research at Ashmore Investment Management, says the real upside for India is the domestic economy; adding that the real constraints are the lack of reforms and inefficiencies; all of which India's Prime Minister is addressing.

  • *Modi tired of India being world's biggest arms importer. NEW DELHI, April 8- Indian firms have spurned some $15 billion worth of government tenders to make a range of weapons since 2013, Defense Ministry officials say, in a blow to Prime Minister Narendra Modi and his drive to wean the country off imported arms. Irked by India's status as the world's biggest arms...

  • April 7- Uber asked a U.S. court to dismiss a lawsuit filed by an alleged rape victim in India's capital, saying the ride-sharing company could not be held legally responsible for the driver's acts. Nor does California law govern a dispute involving an alleged wrong committed by one Indian citizen against another Indian citizen, in India, "Uber said in the filing.

  • April 7- Uber asked a U.S. court to dismiss a lawsuit filed by an alleged rape victim in India's capital, saying the ride-sharing company could not be held legally responsible for the driver's acts. Nor does California law govern a dispute involving an alleged wrong committed by one Indian citizen against another Indian citizen, in India, "Uber said in the filing.

  • MUMBAI, April 7- India's central bank is expected to keep its benchmark interest rate on hold at 7.50 percent at a policy review on Tuesday, while signalling that it could act swiftly to lower rates further if inflation stays within its target. This year, the Reserve Bank of India has already cut the repo rate twice, by 25 basis points each time, in a bid to bolster...