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  • Tracking China-India relationship   Thursday, 7 May 2015 | 9:52 PM ET
    Tracking China-India relationship

    Bryan Walsh, foreign editor of TIME, discusses the relationship between India and China ahead of Indian prime minister Narendra Modi's visit to China next week.

  • *Wall Street recovers, European shares dip. NEW YORK, May 7- The global bond market rout slowed on Thursday as long-term borrowing costs retreated from their highest levels in more than five months, helping to stabilize European stocks and kindle a mild recovery on Wall Street. "That drastic, draconian move in bonds and violent updraft in oil are settling a little...

  • NEW DELHI, May 7- India moved on Thursday to mollify foreign investors who were hit by bills for several years of taxes on previously untaxed gains, triggering a sell-off in financial markets. While India has exempted capital gains made by foreign investors as of April 2015 from MAT, it says tax demands on past incomes could only be reversed by the Supreme Court.

  • *Wall Street rebounds, European shares slip. NEW YORK, May 7- The global bond market rout slowed on Thursday as long-term borrowing costs retreated from their highest levels in more than five months, helping a mild recovery on Wall Street and for European stocks. "We had a real capitulation in markets this morning and there was no obvious catalyst," said Owen Callan, a...

  • GLOBAL MARKETS-Bond selloff cools; euro, stocks fall Thursday, 7 May 2015 | 10:09 AM ET

    *Wall Street opens mixed, European shares slip. NEW YORK, May 7- The global bond market rout slowed on Thursday as long-term borrowing costs retreated from their highest level in more than five months, but the recent surge in yields kept pressure on stocks worldwide. "After years of over wading in fixed income, a lot of bond investors are starting to take stock and...

  • Godrej: The time is ripe for Indian entrepreneurs   Wednesday, 6 May 2015 | 11:41 PM ET
    Godrej: The time is ripe for Indian entrepreneurs

    Adi Godrej, chairman of Godrej Group, says aspiring entrepreneurs should seize the opportunity as the Indian economy sets sail on a strong growth path.

  • NEW DELHI, May 7- Indian Prime Minister Narendra Modi sank his finance minister's plans to strip powers from the central bank last week, sources told Reuters, evidence of a new-found respect for the bank's governor and a recognition that Modi needs his calming influence on markets. When Modi came to power just under a year ago, the position of central bank boss...

  • INTERVIEW-New-look GSK bets on consumer health spending Wednesday, 6 May 2015 | 7:19 AM ET

    LONDON, May 6- Consumers from New York to New Delhi are digging deeper in their pockets for over-the-counter remedies and health products, a trend GlaxoSmithKline is banking on to help shape the next chapter in its evolution. In the biggest shake-up in its 15- year history, GSK has just sold its cancer drugs to Novartis, while buying the Swiss group's vaccine...

  • *India to build port in Iran to get more trade with CIS and Gulf. NEW DELHI, May 5- India will push ahead this week with plans to build a port in southeast Iran, two sources said, with Prime Minister Narendra Modi keen to develop trade ties with Central Asia and prepared to fend off U.S. pressure not to rush into any deals with Iran. India and Iran agreed in 2003 to develop a...

  • *India to see sixth straight year of sugar surplus in 2015/ 16. AHMEDNAGAR, India, May 5- It is a Catch-22 for Nandkumar Patil, one of the millions of sugar cane farmers in India. With farmers like Patil staying put on cane fields, India is seen producing excess sugar in 2015/ 16. A sixth annual surplus, the longest such stretch ever, will allow the world's No.2 sugar...

  • *India to build port in Iran to get more trade with CIS and Gulf. NEW DELHI, May 5- India will push ahead this week with plans to build a port in southeast Iran, two sources said, with Prime Minister Narendra Modi keen to develop trade ties with Central Asia and prepared to fend off U.S. pressure not to rush into any deals with Iran. India and Iran agreed in 2003 to develop a...

  • What could slow down India's growth?   Tuesday, 5 May 2015 | 5:40 AM ET
    What could slow down India's growth?

    Geoff Dennis, head of GEM equity strategy at UBS, says that Prime Minister Narendra Modi's reform plan to boost India's economic growth could be slowed down by politics.

  • Avoid the Shanghai market: Strategist   Tuesday, 5 May 2015 | 2:00 AM ET
    Avoid the Shanghai market: Strategist

    Tom Elliott, international investment strategist at DeVere, says Japan and India are key markets to watch.

  • Indian Fin Min: MAT is a 'legacy issue'   Tuesday, 5 May 2015 | 12:17 AM ET
    Indian Fin Min: MAT is a 'legacy issue'

    Speaking to CNBC at the Asian Development Bank's annual meeting in Baku, Arun Jaitley, minister of finance of India, discusses the controversy surrounding the minimum alternative tax.

  • Aberdeen files legal challenge against India tax claim

    Hugh Young, managing director of Aberdeen Asset Management, Asia, says Aberdeen's challenge against India's minimum alternative tax is a "matter of principle."

  • Workers carry baskets of hand-picked tea leaves at the Makaibari Tea Estate in Kurseong, West Bengal, India.

    Unrest is brewing among Assam's so-called Tea Tribes as changing weather patterns upset the economics of the industry.

  • Indian Fin Min: Reforms and stocks are unrelated

    Arun Jaitley, minister of finance of India, says India's stock market has "its own logic" and comments about how stalling reforms are weighing on stocks are "completely unfounded."

  • Indian Fin Min: GST will benefit India   Monday, 4 May 2015 | 6:53 PM ET
    Indian Fin Min: GST will benefit India

    Speaking to CNBC at the Asian Development Bank's annual meeting in Baku, Arun Jaitley, minister of finance of India, outlines the advantages of implementing a goods and services tax.

  • JORHAT, India, May 5- Usha Ghatowar smiles wryly when asked about the pay she earns picking leaves at a colonial-era tea garden in India's Assam. Scientists say climate change is to blame for uneven rainfall that is cutting yields and lifting costs for tea firms such as McLeod Russel, Tata Global Beverages and Jay Shree Tea. Assam Chief Minister Tarun Gogoi, whose...

  • Why Jim O'Neill, others see bullish case for India Monday, 4 May 2015 | 12:25 PM ET
    Indian Prime Minister Narendra Modi.

    The country's stock market fell 1.8% after a huge surge last year, but India may still be lucrative for foreign investors.