Eswar Prasad, Senior Professor of Trade Policy at Cornell University, discusses the improvement in ties between U.S. President Obama and Indian Prime Minister Modi.» Read More
Violent confrontations between Somali pirates and merchant ships’ armed guards could become more common as some shipping companies have reduced ship speeds through the highest-risk area to save on fuel, maritime experts have warned.
The cut in India’s credit rating outlook to negative by ratings agency Standard and Poor’s has prompted market watchers to say that it is only a matter of time before India gets downgraded to junk status given its poor record in managing fiscal problems.
The economic slowdown in India is one of the world’s biggest economic stories, but it is commanding only a modicum of attention in the United States.
Despite gloomy economic news out of India in recent months, foreign investors have continued to bet on Indian stocks with the benchmark Sensex rising more than 12 percent since the start of the year. Analysts tell CNBC the momentum is likely to continue with stocks set to gain double-digits over the next year.
Several major markets around the world will be closed Tuesday for May Day, which will help limit volatility for U.S. equities.
India's central bank may be downplaying speculation of further rate cuts after its aggressive 50 basis point cut on Tuesday, but some analysts believe the Reserve Bank of India (RBI) is not done yet, calling for additional cuts of up to 75 basis points for this year as the country struggles to boost growth.
Bangladesh is probably one of the last places in Asia you would expect to see a thriving beachside resort featuring luxury hotels, the NYT reports.
Clumsy policies, poor management and environmental concerns have hampered India’s efforts to dig up fuel fast enough to keep up with its growing need for power, the NYT reports.
India has diversified its exports to make up for the fall in demand from the developed world since the global financial crisis hit, and the nation remains an attractive destination for foreign investors despite controversy surrounding its recent tax legislation, India’s Minister of Commerce and Industry, Anand Sharma told CNBC on Tuesday.
Spain's debt sells and British inflation is stubborn - it's time for your FX Fix.
Cold and flu season may be over, but the healthcare sector's earnings season is just beginning. Sam Isaly, OrbiMed founder, offers insight into which stocks you should buy, sell or hold. The FMHR traders also take a look at today's biggest market movers.
Despite efforts to turn itself around India's cash-strapped Kingfisher Airlines will not survive for long unless there is a last-minute bail out by a White Knight investor, an aviation industry expert tells CNBC.
Fears that the U.S. economy may lose momentum this year could build the case for a third round of stimulus from the Federal Reserve and strengthen the price of gold, Societe Generale said in a research note on Tuesday.
How do you solve one of the world’s most intractable housing problems? One floor at a time, says Rajkumar Nader, as he gazes up a nearly vertical ladder to the second storey of his tiny home on a cramped backstreet in the heart of Dharavi, Mumbai’s largest slum, the FT reports.
Despite India’s current struggles, investing directly in India’s fixed income market will yield returns, Steven O'Hanlon, CIO of Fixed Income at ACPI told CNBC.
As India grapples with rapidly slowing growth, a depreciating currency and policy inaction from a weak government, the country’s huge appetite for gold is putting the economy in a precarious position. The country imported a record 969 tons in 2011, putting enormous pressure on its already ballooning trade and current account deficits.
Confidence shrinks in Europe and year-end weighs on the yen - it's time for your FX Fix.
As the West outsources to Bangalore, parents here outsource childcare, sometimes around the clock, the New York Times reports.
Friday's move higher in gold ignores a longer-term shift in investor sentiment.
A subset of Indian jewelry companies, from the exclusive houses Bhagat and Nirav Modi to the more accessible label Amrapali, is embracing the importance of branding, the New York Times reports.