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Asia Top News and Analysis India

  • How demonetization boosted digital payments in India

    Sunil Kulkarni of Oxigen talks about how electronic transactions made available through its mobile wallet helped to alleviate the impact of demonetization.

  • India takes another step towards going cashless

    Bipin Preet Singh, CEO of MobiKwik, talks about how QR codes will be implemented to drive mobile payments in India.

  • MUMBAI, Feb 17- Automation and the new U.S. administration were the big unknowns at the Indian tech sector's annual shindig this week, with machines threatening to take away thousands of jobs and concerns over possible visa rule changes in the key American market. But senior executives from the $150 billion industry, which rose to prominence at the turn of the...

  • Apple expanding production to India

    The tech company aims to boost its share in the mobile market, by manufacturing its lower-priced phones in Bengaluru.

  • IT service firm Accenture has announced the creation of 15,000 new jobs in the U.S. and is opening 10 innovation centers in U.S. cities.

  • *South Africa to target personal income and sin taxes. JOHANNESBURG, Feb 17- South Africa's finance minister Pravin Gordhan is likely to target income, alcohol and tobacco taxes in his Feb 22 budget to reassure rating agencies that he will gradually rein in the deficit in coming years, a Reuters poll found. "The fiscal situation is a huge challenge for the South...

  • India’s central bank is determined to look through headline inflation figures and focus on core trends to meet its medium-term target.

  • MUMBAI, Feb 17- Denny Jose, a small-town caterer in the southern Indian state of Kerala, was closely watching the Indian central bank meeting last week. Newspapers and markets were forecasting the Reserve Bank of India would cut its key rate by a quarter of a percentage point. But the RBI held rates and moved to a "neutral" policy stance, signaling an end to India's...

  • The new iPhone SE is displayed during an Apple special event at the Apple headquarters on March 21, 2016 in Cupertino, California.

    Apple's move comes as it seeks to boost its share in the world's fastest growing major mobile market.

  • MUMBAI, Feb 17- Denny Jose, a small-town caterer in the southern Indian state of Kerala, was closely watching the Indian central bank meeting last week. Newspapers and markets were forecasting the Reserve Bank of India would cut its key rate by a quarter of a percentage point. But the RBI held rates and moved to a "neutral" policy stance, signaling an end to India's...

  • BEIJING, Feb 16- Property investment by Chinese companies plunged in January as authorities tightened restrictions on capital outflows to support the ailing yuan currency and ease pressure on the country's foreign exchange reserves. Investment by Chinese firms in offshore properties-- which has helped fuel sharp and often contentious home price rises...

  • BEIJING, Feb 16- Property investment by Chinese companies plunged in January as authorities tightened restrictions on capital outflows to support the ailing yuan currency and ease pressure on the country's foreign exchange reserves. Investment by Chinese firms in offshore properties-- which has helped fuel sharp and often contentious home price rises...

  • BENGALURU, India Feb 15- India and Russia are nearing a joint venture to make light helicopters in India, reviving a plan announced by Russian President Vladimir Putin in 2015.. While India has sealed deals with the United States for 22 Apache attack and 15 heavy lift Chinook helicopters at total cost of about $2.5 billion, plans to buy Russian helicopters and...

  • Rocket in space over Earth

    The Indian Space Research Organization said the launch of the 104 satellites was a record, overtaking Russia's 37 in 2014.

  • The Indian Space Research Organization said the nano satellites— those weighing less than 10 kilograms— were sent into orbit from southern India. The ISRO said in a statement that the other satellites were international customer satellites, including 96 from the United States and one each from the Netherlands, Switzerland, Israel, Kazakhstan and the United...

  • The smartphone war heats up in India

    Bob O'Donnell, chief analyst at Technalysis Research, talks about the Chinese smartphone makers making inroads in India.

  • MUMBAI, Feb 14- Sun Pharmaceutical Industries, India's largest drugmaker, reported its first fall in quarterly profits in a year on Tuesday, as pricing issues and supply constraints affected sales in the United States, its largest market. Sun's U.S. business faces increasing uncertainty as it struggles to fix quality control problems found by regulators at its...

  • *Q3 consolidated net profit 1.12 bln rupees vs f'cast 22.48 bln. MUMBAI, Feb 14- India's Tata Motors has reported a worse than expected 96 percent fall in net profit for its third quarter, citing sharply lower earnings at its British luxury carmaker Jaguar Land Rover and losses in its domestic business. Consolidated net profit for the three months to Dec. 31 fell to...

  • The art of the trade deal

    Lanhee Chen, research fellow at the Hoover Institution, discusses the Trump administration's views on trade and which countries we should be watching.

  • NEW DELHI _ Azure Power Global Ltd. on Monday reported a loss of $7.9 million in its fiscal third quarter. Azure Power expects full-year revenue in the range of $64 million to $68 million. Azure Power shares have risen 5 percent since the beginning of the year.