Asia Top News and Analysis India

  • NEW DELHI— India on Friday signed an $8.78 billion deal with France to buy 36 Rafale fighter jets in "ready to fly" condition, meaning they will be made in France. Talks between France and India over the purchase began four years ago. France has used Rafales in several combat missions in recent years: over Libya in 2011, in Mali last year and currently as part of the...

  • A man counts Indian rupee banknotes for a photograph near the Bombay Stock Exchange (BSE) building in Mumbai, India.

    Indian asset manager Zyfin Holdings has launched the first Indian equity ETF ever to be listed outside its home country, listing it on the LSE and Deutsche Boerse.

  • *India looking to source more energy from nuclear sector. NEW DELHI, Sept 22- India is negotiating with U.S. Export-Import Bank for an $8- 9 billion loan to finance six Westinghouse Electric nuclear reactors, two sources familiar with the talks said, although a lending freeze at the trade agency threatens progress. The mega-project, the result of warming U.S.-...

  • French Defence Minister Jean-Yves Le Drian (2nd L) and his Indian counterpart Manohar Parrikar (R) shake hands as they exchange intergovernmental agreements for the purchase of 36 Rafale jet fighters on January 25, 2016 in New Delhi, India.

    India, the world's biggest arms importer, had intended to buy 126 Rafale planes before several years worth of talks with Dassault broke down.

  • Pakistan's Prime Minister Nawaz Sharif addresses the General Assembly at the United Nations on September 21, 2016 in New York City.

    Pakistani PM Nawaz Sharif accused nuclear-armed rival India on Wednesday of putting unacceptable conditions on dialogue with Pakistan.

  • *France's Jean-Yves Le Drian to visit India to sign deal. NEW DELHI, Sept 21- India's cabinet cleared the purchase of 36 Rafale fighter jets from Dassault Aviation on Wednesday, paving the way for signing a deal that Prime Minister Narendra Modi is betting on to modernise the air force, a government source told Reuters. The acquisition is part of a $150- billion...

  • Labourers speak on mobile phones opposite a public call office (PCO) in a market area in Kolkata, India, March 9, 2016.

    Global smartphone makers, like Apple and Samsung, are increasing looking to India for growth and the Indian government is flexing its muscles.

  • *France's Jean-Yves Le Drian to visit India to sign deal. NEW DELHI, Sept 21- India's cabinet cleared the purchase of 36 Rafale fighter jets from Dassault Aviation on Wednesday, paving the way for signing a deal that Prime Minister Narendra Modi is betting on to modernize the air force, a government source told Reuters. The acquisition is part of a $150- billion...

  • India and Pakistan tussle over assault in Kashmir

    Gunmen broke into the headquarters of an Indian army brigade on Sunday, killing 18 soldiers.

  • An Indian soldier looks towards the site of the Uri attack on September 18, 2016.

    Rhetoric is heating up between New Delhi and Islamabad over Sunday's attack in Kashmir, but military action isn't expected for now.

  • Philippine President Rodrigo Duterte ratcheted up his feud with the U.S. on September 12, ordering all U.S. special forces out of the southern Philippines where they have been advising local troops battling Muslim extremists.

    The honeymoon period of Philippine president Rodrigo Duterte appears to be over as foreign investors become wary over his acid-tongued remarks.

  • ICICI PKG

    ICICI Bank CEO Chanda Kochhar says the listing of ICICI Prudential life Insurance is huge leap forward for India's capital markets and financial sector.

  • Sept 19- Twitter Inc said on Monday it would lay off some employees and halt engineering work at one of its development centers in Bengaluru. The company, which also has offices in Mumbai and Delhi, said it would continue to maintain a presence for other operations in the city, which is considered India's technology hub. "Twitter remains committed to India as a...

  • GENEVA, Sept 16- India lost its appeal at the World Trade Organization in a dispute over solar power on Friday, failing to overturn a U.S. complaint that New Delhi had discriminated against importers in the Indian solar power sector. The WTO's appeals judges upheld an earlier ruling that found India had broken WTO rules by requiring solar power developers to use...

  • *India earmarks $10.5 bln over 4 years to strengthen state banks. NEW DELHI, Sept 16- Indian Finance Minister Arun Jaitley pushed back on Friday against calls to increase the allocation of funds to recapitalise state banks saddled with the bulk of the banking sector's $120 billion in sour loans. As part of that plan, New Delhi injected 250 billion rupees into the...

  • *Bengaluru shut down after violent protests. BENGALURU, Sept 16- Oracle employees were at work on Monday when protesters entered their nine-storey building in India's technology hub, Bengaluru, and asked them to leave in support of demonstrations that had erupted across the city over a water dispute. A spokeswoman for Oracle in India said no one was available to...

  • *India tops China as No.1 Iran crude buyer with record volume. SINGAPORE/ TOKYO, Sept 16- Iran's August crude oil exports jumped 15 percent from July to more than 2 million barrels per day, according to a source with knowledge of its tanker loading schedule, closing in on Tehran's pre-sanctions shipment levels of five years ago. The strong demand for Iran's crude in...

  • *Bengaluru shut down after violent protests. BENGALURU, Sept 16- Oracle employees were at work on Monday when protesters entered their nine-storey building in India's technology hub, Bengaluru, and asked them to leave in support of demonstrations that had erupted across the city over a water dispute. A spokeswoman for Oracle in India said no one was available to...

  • Slush's event in Tokyo, May 2016

    Three stages, colorful lasers, live performances, video projections, and a secret after-party. This is no music festival, it's a tech event.

  • David Bonderman, founding partner of TPG Capital

    Private equity boss David Bonderman says regulators in emerging markets are often better qualified and more pragmatic than their U.S. peers.