Stephen Nagy, Assistant Professor, Department of Japanese Studies at The Chinese University of Hong Kong, says Japan is the ideal partner to provide the capital and technology investment that India needs.» Read More
NEW DELHI, Jan 1- India agreed to take its $770 million helicopter deal with Italian defence group Finmeccanica's AgustaWestland unit to arbitration while formally cancelling the agreement on Wednesday over what it termed a breach of integrity.
BANGALORE, Dec 12- Indian shares are forecast to scale new highs next year after elections, attracting offshore funds despite an expected rough period for emerging markets when the U.S.
*India cenbank gov says tackling inflation a priority. NEW DELHI, Dec 11- Tackling inflation will be a key priority, India's finance minister and central bank governor said on Wednesday, after high consumer prices contributed to painful losses for the ruling Congress Party in recent state elections.
NEW DELHI, Dec 6- A recovery in the rupee is giving India's Finance Minister P. Chidambaram rare relief in his battle against a threatened credit rating downgrade to junk status by reducing pressure on the government's subsidy bill.
NEW DELHI, Nov 29- An expansion in farm output and some infrastructure helped India's economy recover slightly in the September quarter, but growth still hovered close to decade lows, tempering hopes of a sustained rebound ahead of elections due next year.
NEW DELHI, Nov 29- India's economic growth probably picked up slightly in the September quarter, but weak investment levels have tempered hopes that strong rural demand and a rebound in exports will drive a sustained recovery ahead of elections due early next year. India's statistics office will release the data at 1200 GMT on Friday.
NEW DELHI/ SHIRDHON, India, Nov 28- Pandurang Ghorpade has the weather to thank as he hands out celebratory sweets to neighbours eager for a ride on his prized new possession, a gleaming red tractor bought in anticipation of a bumper harvest.
*Some diplomats blame India for last-minute backtracking. *India at risk of massive trade sanctions if Bali deal fails. GENEVA/ NEW DELHI, Nov 26- India may hold the key to the credibility of the World Trade Organization and to a trillion-dollar trade deal that apparently was derailed this week, diplomats in Geneva said on Tuesday.
*GDP data to be released on Nov. 29 at 1200 GMT. BANGALORE, Nov 26- India's economic growth likely picked up slightly in the July-September quarter as improved manufacturing activity steered it from a four-year low in the previous three months, a Reuters poll showed on Tuesday.
NEW DELHI, Nov 14- India's wholesale price index rose to an eight-month high in October, driven by costlier fuel and manufactured goods, raising the prospect of a fresh rate hike despite the central bank governor's soothing words earlier on core retail inflation.
NEW DELHI, Nov 12- Indian inflation is forecast to have risen to uncomfortable levels for policymakers in October due to stubbornly high food prices, adding to the pressure for further interest rate rises despite slowing economic growth.
NEW DELHI, Oct 25- India's finance minister is finding it harder and harder to meet the government's budget promises and may sweep as much as $15 billion in subsidy costs into next year's accounts to ensure he hits fiscal targets ahead of national elections, ministry officials say.
British Prime Minister David Cameron arrives in India on Monday to try to win new investment in the face of fierce global competition.
Being a big wheel in the earth mover business, Vipin Sondhi has a very clear idea why the Indian economy is stuck in the mud and what the government must do to change the mindset of business executives, like himself.
India's central bank is widely expected to make a modest cut in interest rates later on Tuesday to support an economy set for its slowest growth in a decade, with a deeper cut unlikely due worries over the fiscal and external deficits and inflation.
India's industrial output shrank in November after a spurt the previous month, denting hopes of a recovery in economic growth and strengthening the case for an interest rate cut later this month.
One of hundreds of attacks reported in New Delhi each year, the brutal gang rape and murder of a young medical student in a private bus this month caught authorities and political parties flat-footed, slow to appreciate it had become symbolic of all the others.
India's government has announced an inquiry into the lobbying practices of Wal-Mart after a report that the giant retailer had pressed U.S. lawmakers to help gain access to foreign markets.
India's economic reform program faces a key parliamentary test this week on whether to let foreign retailers set up shop, in a vote that could pave the way for further measures to revive the economy.
Political inertia, red tape and a dearth of foreign investment are impeding a much needed overhaul.