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
*Congress manifesto targets inclusive growth. NEW DELHI, March 26- India's main opposition party would welcome more foreign direct investment in defence, if elected, but would delay opening up the country's market of more than 1.2 billion people to international retail chains like Wal-Mart.
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.
ROME- Former Italian premier Silvio Berlusconi faced a fresh setback on Monday as early counting in a local election in Sicily showed his divided centre-right party trailing in a former stronghold and big gains for the anti-establishment 5 Star Movement.
WASHINGTON- With one week left in the tight battle for the White House, it's all about the vital swing state of Ohio. Unless it's about Colorado- or Iowa, or tiny New Hampshire.
NEW YORK- Hurricane Sandy, which could become the largest storm ever to hit the United States, is set to bring much of the East Coast, including New York and Washington, to a virtual standstill in the next few days with battering winds, flooding and the risk of widespread power outages.
BEELAHERI, India, Oct 25,- India is shaking up the way it gets billions of welfare dollars to the poor with a plan that could one day reshape the economy and tackle graft keeping millions in poverty, but in one small town a pilot of the new system is proving unpopular.
NEW DELHI-- India and Australia agreed Wednesday to begin negotiations on civil nuclear energy cooperation that would eventually allow the export of Australian uranium to the energy-starved South Asian nation.
NEW DELHI-- Delegates from nearly 200 countries were working Tuesday to implement an agreement on protecting Earth's ecosystems at a biodiversity conference in southern India.
*Bonds, rupee briefly weaken after report. By Neha Dasgupta and Swati Bhat. MUMBAI, Oct 10- India still faced a one-in-three chance of a credit rating downgrade over the next 24 months, Standard& Poor's said, although a series of reform steps launched in September had slightly improved the country's prospects.
S Treasury Secretary Tim Geithner, Fed Chairman Ben Bernanke will visit Mumbai. *Prime Minister Manmohan Singh to speak at International Energy ministers meeting in New Delhi. *World Steel Association's 2- day annual conference in New Delhi.
*Asian shares fell on Wednesday, led by losses in technology and materials stocks after brokerage downgrades for top chip maker Intel Corp. *Oil prices jumped on Tuesday, snapping two sessions of losses, as escalating turmoil on the border of Turkey and Syria heightened concerns of a supply disruption in a tense Middle East.
Treasury Secretary Timothy Geithner met Tuesday with India's finance minister to discuss lowering trade and investment barriers just weeks after the Indian government started a drive to reignite the nation's declining economic growth.
Regulatory uncertainty and policy gridlock have battered foreign corporate investment towards India over the past year, adding to dramatic slowdown in growth.