Asia Top News and Analysis India

  • Traders walk past a board at the Hong Kong Stock Exchange in Hong Kong

    A Greece exit from the euro zone could lead emerging market equities to retest the lows reached during the Lehman bankruptcy in 2008, spurred by mass capital outflow on heightened risk aversion, say strategists.

  • Trader monitors foreign exchange and the stock index at Gaitame.com, a foreign exchange trading company on November 26, 2009 in Tokyo, Japan. U.S. Dollars fell below 87 yen, lowest level in 14 years.

    The recent panic selling of Asian stocks on fears of a possible euro zone break up is almost over with most indices in the region having bottomed out, says one analyst, who recommends buying now as central banks are likely to start pumping liquidity into the financial markets soon.

  • Gold

    Since the price of gold spacer has not ratcheted up in this latest Europe driven downturn, some say surely that must mean that the wisdom of owning gold is now null and void. I disagree; gold should still be a part of your investment plan.

  • Air India aircrafts are seen parked on the tarmac of the international airport in Mumbai on April 29, 2011. Air India on April 28 sought a court order against striking pilots as a stoppage over pay entered a second day, grounding dozens of flights and causing widespread disruption for passengers. AFP PHOTO/Punit PARANJPE (Photo credit should read PUNIT PARANJPE/AFP/Getty Images)

    India has threatened to ban European airlines from its airspace if Brussels sanctions Indian carriers in a dispute over an EU plan to charge carriers for their pollution. The FT reports.

  • fx_fix_1_200.jpg

    Economic woes dog the euro and hound the pound - it's time for your FX Fix.

  • fx_fix_1_200.jpg

    Worries about Greece sap risk appetite as the euro slides and the dollar soars - it's time for your FX Fix.

  • fx_fix_1_200.jpg

    Euro Slips, Pound Trips, Asian Central Banks Intervene — it's time for your FX Fix.

  • While India's economic growth has hit a rough spot, Indonesia has won favor with investors, prompting calls for it to be included among the lineup of top global emerging markets.

  • Gold

    Following disappointing economic data from the U.S. and more volatility from elections in Europe, demand for gold will remain resilient, and the precious metal will not lose its appeal as the currency of last resort, Goldman Sachs says.

  • fx_fix_1_200.jpg

    The Bank of England steps back and euro fears ease - it's time for your FX Fix.

  • rupee_new_200.jpg

    The Reserve Bank of India’s intervention in the currency market on Thursday is being viewed by some market watchers as a desperate move to prop up the currency in the absence of government policies to boost sentiment among foreign investors.

  • Aerial of iron ore ships at Port Hedland.

    Violent confrontations between Somali pirates and merchant ships’ armed guards could become more common as some shipping companies have reduced ship speeds through the highest-risk area to save on fuel, maritime experts have warned.

  • BOMBAY, INDIA: A sign board 'Mumbai' is placed near the Taj hotel at the famous landmark the Gateway in Bombay, 13 May 2005. Since independence in 1947, regional advocates in India have called for a change in many place names to reflect the wide linguistic and ethnic variations in the country of one-billion-plus people that spans the Himalayans in the north to the meeting of the Indian Ocean and Arabian Sea in the south. AFP PHOTO/Sebastian D'SOUZA. (Photo credit should read SEBASTIAN D'SOUZA/AF

    The cut in India’s credit rating outlook to negative by ratings agency Standard and Poor’s has prompted market watchers to say that it is only a matter of time before India gets downgraded to junk status given its poor record in managing fiscal problems.

  • Bombay Traffic

    The economic slowdown in India is one of the world’s biggest economic stories, but it is commanding only a modicum of attention in the United States.

  • A man walks past the bronze bull statue outside the Bombay Stock Exchange (BSE) building in Mumba, India.

    Despite gloomy economic news out of India in recent months, foreign investors have continued to bet on Indian stocks with the benchmark Sensex rising more than 12 percent since the start of the year. Analysts tell CNBC the momentum is likely to continue with stocks set to gain double-digits over the next year.

  • Emerging Markets Globe

    Several major markets around the world will be closed Tuesday for May Day, which will help limit volatility for U.S. equities.

  • rupee-closeup_200.jpg

    India's central bank may be downplaying speculation of further rate cuts after its aggressive 50 basis point cut on Tuesday, but some analysts believe the Reserve Bank of India (RBI) is not done yet, calling for additional cuts of up to 75 basis points for this year as the country struggles to boost growth.

  • Beach near Cox's Bazar, Bangladesh

    Bangladesh is probably one of the last places in Asia you would expect to see a thriving beachside resort featuring luxury hotels, the NYT reports.

  • coal_pile_200.jpg

    Clumsy policies, poor management and environmental concerns have hampered India’s efforts to dig up fuel fast enough to keep up with its growing need for power, the NYT reports.

  • Bombay Traffic

    India has diversified its exports to make up for the fall in demand from the developed world since the global financial crisis hit, and the nation remains an attractive destination for foreign investors despite controversy surrounding its recent tax legislation, India’s Minister of Commerce and Industry, Anand Sharma told CNBC on Tuesday.