• *Insurers face $800 mln bill; outstrips $60- $90 mln premiums. *Follows downing of MH17 over Ukraine, other incidents. The hefty bill dwarfs the $60- $90 million in income insurers received last year to cover the incidents, which have included the downing of Malaysia Airlines' MH17 passenger jet in Ukraine, and could mean some bow out of the market if the price...

  • NEW DELHI, Sept 25- Pakistan plans to split ailing national flag carrier PIA into two companies and sell control of the core business to a global airline over the next 18 months, but political opposition to the sell-off will be intense, the country's privatization czar said.

  • NEW DELHI, Sept 18- A standoff between Indian and Chinese soldiers overshadowed a visit to New Delhi by Chinese President Xi Jinping on Thursday, with a $20 billion investment pledge eclipsed by robust comments from India's new Prime Minister Narendra Modi about the dispute.

  • NEW DELHI, Sept 18- China became the latest nation to line up for a stake in India's civil nuclear energy drive on Thursday, agreeing to open talks on cooperation in a sector that New Delhi sees as the solution to its chronic power problems.

  • ISLAMABAD, Sept 2- Anti-government protests that have gripped Islamabad since mid-August could throw off course economic reforms Pakistan promised to deliver in return for an IMF bailout, senior officials said, raising the risk of a sovereign rating downgrade.

  • PARIS, July 20- The head of one of the world's largest airlines has called for an international meeting of carriers to agree a response to the downing of a Malaysian airliner, including a potential rethink of the threats posed by regional conflicts.

  • NEW DELHI, July 7- Departing Platform One at New Delhi station last week was India's fastest train: the test run of the Delhi- Agra express- dubbed "semi-high speed" by local media- topped a record-breaking 160 kilometres per hour on its way to the Taj Mahal.

  • LONDON, June 10- For decades, India's power engineers had a dream: "One Nation. India finally has a nationwide power system stretching from Tamil Nadu in the south to Kashmir in the north, Gujarat in the west to Nagaland in the east. The whole of India's electricity system was synchronised and started to function as one giant machine.

  • NEW DELHI, May 27- Indian Prime Minister Narendra Modi delivered a blunt warning to old adversary Pakistan on his first day in the job on Tuesday, telling his counterpart in a rare meeting that Islamabad must prevent militants on its territory from attacking India.

  • NEW DELHI, May 27- Indian Prime Minister Narendra Modi delivered a blunt warning to traditional neighboring foe Pakistan on his first day in the job on Tuesday that it must prevent militants on its territory from attacking India.

  • NEW DELHI, May 16- If prime minister-elect Narendra Modi can revive a faltering economy, as his people clearly believe he can, India may finally be able to deal with overseas allies, foes and rivals from a position of strength. Dating back to the Cold War, India has tended to avoid close alliances.

  • Modi on brink of power ahead of India vote count Thursday, 15 May 2014 | 4:30 PM ET

    NEW DELHI, May 16- India's election results on Friday could usher in the most profound economic change in a generation if opposition leader Narendra Modi wins a clear mandate for his agenda to revive growth and create jobs.

  • Shahid Javed Burki, former Vice-President of the World Bank and the Former Finance Minister of Pakistan says both nations must prioritize reviving growth.

  • China makes global inroads on arms sale Monday, 21 Oct 2013 | 11:32 AM ET
    Aviation Industry Corporation of China employees hold a model of the JF-17 fighter jet at an aviation expo in Beijing, Sept. 28, 2013.

    China is establishing itself as a credible competitor in the global weapons market. The NYT reports.

  • Going further afield in the hunt for yield     Wednesday, 28 Aug 2013 | 1:45 AM ET

    Manooj Mistry, head of exchange trading at Deutsche Bank, tells CNBC why he likes Pakistan as a frontier market.

  • Benefits of Investing in Pakistan     Friday, 5 Jul 2013 | 3:30 AM ET

    Jens Yahya Zimmerman, partner at the New Silk Route, talks to CNBC about the benefits of investing in Pakistan.

  • 7-Eleven Human Trafficking Bust Nets 9 Arrests Monday, 17 Jun 2013 | 4:57 PM ET
    Police officers stand outside one of the several 7-Elevens they raided as part of an identity theft and illegal immigration investigation.

    Nine owners and managers of more than a dozen 7-Eleven stores were charged Monday in a scheme to traffic in workers from Pakistan, prosecutors said.

  • Electricity Is Sharif's Main Challenge: Pro     Monday, 13 May 2013 | 4:40 AM ET

    Claudine Fry, South Asia senior analyst at Control Risks, tells CNBC Nawaz Sharif faces serious challenges, particularly the electricity crisis, after winning the election in Pakistan over the weekend.

  • Is it Time to Invest in Pakistan?     Monday, 13 May 2013 | 3:45 AM ET

    Arvind Ramakrishnan, principal Asia analyst at Maplecroft, says that the election outcome in Pakistan is positive politically but won't bring any change on the economic front.

  • Positive on India, but Wait on China     Sunday, 12 May 2013 | 10:20 PM ET

    Geoff Lewis, Global Market Strategist at J.P. Morgan Asset Management shares his investment strategy for Asia's emerging market giants.