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Asia Top News and Analysis India

  • About 70 percent of the 85,000 H-1B visas granted in 2015 went to nationals from one country.

  • NEW DELHI, Feb 13- A strike led by drivers' unions in the Indian capital demanding better pay from Uber and Ola has paralysed the ride-hailing services that have grabbed business from traditional taxi and rickshaw operators with their cheaper fares. It was the first big confrontation between trade unions representing taxi drivers in the Delhi region of 25...

  • NEW DELHI, Feb 13- A strike led by drivers' unions in the Indian capital demanding better pay from Uber and Ola has paralyzed the ride-hailing services that have grabbed business from traditional taxi and rickshaw operators with their cheaper fares. It was the first big confrontation between trade unions representing taxi drivers in the Delhi region of 25...

  • CAIRO, Feb 13- Egypt's most famous export, the silky soft cotton prized by makers of luxury bedding and clothing, has become so scarce as production has fallen that most supplies sold under its brand name last year were fake. Last year, agricultural production of Egypt's high quality long-staple cotton hit a more than 100- year low. Production has slumped since...

  • It was the first big confrontation between the trade unions representing taxi drivers in the Delhi region of 25 million people and the two ride-hailing players, which have been ramping up services in India's $12 billion taxi market. They do not pay us on time and expect us to work like slaves, "said Jatindra Singh, a senior member of the New Delhi Taxi Union.

  • It was the first big confrontation between the trade unions representing taxi drivers in the Delhi region of 25 million people and the two ride-hailing players, which have been ramping up services in India's $12 billion taxi market. They do not pay us on time and expect us to work like slaves, "said Jatindra Singh, a senior member of the New Delhi Taxi Union.

  • NEW DELHI— French car manufacturer Peugeot has bought India's most iconic car brand from its maker Hindustan Motors in a deal that signifies the passing of an era in India's motoring history. Over the weekend, the C.K. Birla Group that owns Hindustan Motors said it had signed an agreement with Peugeot SA to sell the Ambassador for 800 million rupees.

  • NEW DELHI, Feb 8- A group backed by the Bill& Melinda Gates Foundation that works on India's immunisation programmes will now be partially funded by the health ministry, a government official said, a move in part prompted by fears foreign donors could influence policy making. The decision is seen as part of India's broader clampdown on non-governmental...

  • NEW DELHI, Feb 8- A group backed by the Bill& Melinda Gates Foundation that works on India's immunization programs will now be partially funded by the health ministry, a government official said, a move in part prompted by fears foreign donors could influence policy making. The decision is seen as part of India's broader clampdown on non-governmental...

  • HOUSTON/ CARACAS, Feb 9- Venezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according to internal company documents reviewed by Reuters. The delayed shipments to such crucial political allies and trading partners- which together have extended Venezuela at least $55...

  • *Net profit 26.1 bln rupees vs 24.64 bln rupees estimates. But provisions for bad loans fell to 72.44 billion rupees from 76.7 billion rupees in the September quarter and 76.45 billion rupees a year earlier. Bad loans in India's banking sector were at a record high of $133 billion as of end-September.

  • Made in India goes the luxury route

    Francois Arpels, managing partner at IndEU Capital, says India has the know-how and culture to get a head start in the luxury sector.

  • Employees walk below the Infosys logo at the company's campus in Electronics City in Bangalore, India.

    India's second biggest software services exporter Infosys downplayed corporate governance concerns and an alleged company rift.

  • SAN FRANCISCO, Feb 9- Zenefits is laying off nearly half its staff as the software startup grapples with the fallout of insurance violations that resulted in hefty penalties from state regulators. Employees were alerted to the layoffs in a memo sent by Jay Fulcher, who started as the San Francisco- based company's CEO on Monday. Fulcher said Zenefits would move...

  • HOUSTON/ CARACAS, Feb 9- Venezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according to internal company documents reviewed by Reuters. The delayed shipments to such crucial political allies and trading partners- which together have extended Venezuela at least $55...

  • NEW DELHI, Feb 9- India said on Thursday it had applied to Britain to extradite Vijay Mallya to face trial after the liquor and aviation tycoon was charged with conspiracy and fraud over a loan to his defunct Kingfisher Airlines. The new push comes after Mallya was charged in absentia last month by the Central Bureau of Investigation- along with nine former...

  • *Obama Administration backed sale of F-16s to India. *No threat to U.S. jobs if F-16s made in India. NEW DELHI/ WASHINGTON, Feb 9- U.S. defence firm Lockheed Martin wants to push ahead with plans to move production of its F-16 combat jets to India, but understands President Donald Trump's administration may want to take a "fresh look" at the proposal.

  • Girija Pande, executive chairman at Apex Avalon Consulting, says Indian IT companies will be affected by immigration policy changes in the U.S.

  • A Singapore Mass Rapid Transit (SMRT) train plies along a line at the Jurong East interchange (back R) in Singapore on July 18, 2016.

    Singapore planted a fresh flag to promote global trade as the wave of the future in its Future Economy report.

  • RBI will keep rates steady in future: Economist

    Pranjul Bhandari, chief India economist at HSBC, talks about the central bank's change in stance from "accommodative" to "neutral."