Chanda Kochhar, CEO of ICICI Bank, talks about how technology such as mobile payments and internet banking is disrupting India's banking system.» Read More
RAMPUR, India, Nov 27- Pleas by local Indian officials for farmers to switch from rice to oilseeds and pulses and protect dangerously low water levels are falling on deaf ears, and may be further undermined by government policies encouraging cultivation of thirsty crops. "It is unlikely that India will have another drought next year; three years in a row has never...
*Modi to host Congress leaders Friday evening. *Congress demands rate of below 20 percent. NEW DELHI, Nov 27- Indian Prime Minister Narendra Modi invited opposition Congress party leader Sonia Gandhi for talks on Friday to break a deadlock over the introduction of a new indirect tax in a bid to put his economic recovery agenda back on track.
CNBC's Martin Soong reports on the vast e-commerce potential offered by India's millions of smartphone users.
India's e-commerce companies are racing to embrace mobile, with some ditching their web platforms entirely to go mobile-only. Here's why.
The rapid penetration of smartphones in India is leading to a rise of digital payments. CNBC's Martin Soong has more.
MUMBAI, Nov 27- On paper, India's households have more reason than ever to save. But a lack of confidence that inflation will stay muted, combined with lacklustre income growth, means India's overall savings growth rates are at the weakest level in years, following five years of decline. "If the government really wants to propel savings in the economy, it would be the...
*SBI Capital, ICICI Securities among banks hired. Nov 26- Five Indian investment banks including ICICI Securities and SBI Capital have been hired to manage the government's sale of a 10 percent stake in state-controlled Coal India, IFR reported on Thursday, citing two sources close to the matter. Other banks which have been hired to manage the offering are Axis...
Adi Godrej, chairman of the Godrej Group, says there is a plenty of opportunities in the developing world's consumer products sector.
CNBC's Martin Soong reports how India's weather changes cause food price volatility.
India's burgeoning middle class has long been touted as a consumer gold mine but hasn't always lived up to the hype. Here's why.
The opportunity in India's increasing consumption is huge, says Kishore Biyani, Future Group CEO, who 10 years ago was one of the first to open a Walmart-inspired hypermarket in India.
CNBC reports on India's campaign to get global businesses to build products in the country, which is part of a larger drive to become a global manufacturing hub.
Manoj Bhargava, founder and CEO of Living Essentials, explains how his Free Electric bikes help to power whole households.
Anand Mahindra, chairman of the Mahindra Group, says India needs to be ready for a future of digital technology and innovations like 3D printing.
CNBC's Martin Soong discusses the pros and cons for India of having a massive, 500 million-strong workforce.
India's push to attract FDI has scored some wins but infrastructure and red tape are still an issue, business leaders tell CNBC.
Manu Jain, head of Xiaomi India, discusses the mobile giant's decision to open a plant in India. CNBC has more on the push to "Make in India."
NEW DELHI— For thousands of childless couples the world over, India has been the go-to destination to fulfill their dreams of becoming parents, thanks to its well-trained doctors, well-appointed fertility clinics and vast numbers of poor women willing to serve as surrogate mothers. India was among the few countries in the world that allowed surrogacy— where a...
MUMBAI, Nov 24- SunEdison Inc plans to sell solar power capacity worth about 400 megawatts in India for roughly $350 million, as the U.S.-based solar company looks to shed assets to boost balance sheet, said two sources with direct knowledge of the matter. SunEdison operates around 450 MW worth of solar plants in India, has another 800 MW under development, and...
Several market participants involved in the sale said offshore units of Nomura, Standard Chartered and Bank of America Merrill Lynch bought about 30 billion rupees of the 35 billion rupees on offer in October, the first window for foreigners to buy in. India has been one of the most resilient emerging markets, with foreign buyers taking up about $9.7 billion of...