Pranjul Bhandari, chief India economist at HSBC, expects lower oil prices to replace government spending as the key driver of growth in India in the second-half of the year.» Read More
The Western world has run out of ideas and is "finished financially" while emerging economies across the world will continue to grow, David Murrin, CIO at Emergent Asset Management told CNBC on the tenth anniversary of coining of the so-called BRIC nations of Brazil, Russia, India and China, by Goldman Sachs' Jim O'Neill.
Measures taken by the Indian government to open up the country to foreign investment could see it match Chinese growth rates, Goldman Sachs’ Chairman Jim O’Neill told CNBC Wednesday.
Indian companies are coming under financial stress after the sharp fall of the rupee against the dollar during the past few months made once-cheap loans in the US currency much more expensive, analysts warn. The FT reports.
Multinational retailers have so far responded cautiously to news that India is opening up its supermarket sector, because of tough conditions imposed, fears over labor backlash and expected bargaining with farmers. The FT reports.
India's economy, which was relatively sheltered during the last financial crisis in 2008, is looking especially fragile this time around.
The British fret over Europe and Germany's bond auction disappoints - it's time for your FX Fix.
India has recently pulled far ahead of China on one dubious development marker — air pollution in the country’s capital. The NYT reports.
Despite calls from some of its investors, Medtronic won't be spinning off any more business units, Chief Executive Omar Ishrak told CNBC Tuesday.
Contagion fears rise in Europe and the British go shopping - it's time for your FX Fix.
Can India transition from being the favored destination for offshored services to a locus of innovation?
India faces many short-term macro challenges including a string of corruption scandals and persistently high inflation. However, the long-term story in India continues to be attractive.
The new mobile phone app called FightBack aims to give women in India the ability to report crimes and call for help across a variety of platforms, using social networks like Twitter and Facebook. The NYT reports.
European and U.S. inflation will rise in the medium- to long-term, according to Berdibek Ahmedov, manager for European and UK real return products at Pacific Investment Management Company (Pimco).
The Group of 20 is seeking to meet again, possibly before Christmas, with the aim of resurrecting a deal to provide an international firewall around Greece, G20 sources have told the Financial Times, saying negotiators at the Cannes summit had been close to an agreement.
"In the last five days, I just went around the world," says Sam Zell, Equity Group Investments chairman, who explains his search for opportunities in emerging market. He adds that emerging markets have pent up demand that can be satisfied.
The earth’s milestone 7 billionth resident was born Monday, most likely somewhere in India. No one truly knows where or when that birth took place, but the occasion has focused attention on the conditions in which babies are born in India. The NYT reports.
Wondering how some smaller currencies would survive a market calamity? Here's one strategist's analysis.
The European debt crisis is worrisome but it is unlikely to pose a danger to major banks on the continent, Michael H. Tomalin, CEO of the National Bank of Abu Dhabi, told CNBC.
One market watcher says India’s current inflation environment resembles that of the United States in the early 1980s, drawing parallels between India’s current central bank governor Duvvuri Subbarao and Paul Volcker, who had served as Federal Reserve chairman back then.
Indian jewelry retailer Gitanjali has launched the world’s first gold and diamond ATM machine, adding the gems to its offering of precious metals vending machines as it seeks to capitalize on the craze for jewelry in India.