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  • *India output likely to drop below demand for first time in 7 yrs. MUMBAI/ LONDON, April 27- India is likely to become a net importer of sugar in 2016/ 17 as back-to-back drought years dry irrigation channels and ravage cane fields, with output in the country's biggest producing state seen dropping over 40 percent. "India will need to import next year due to a production...

  • LATUR, India, April 27- Haribhau Kamble, an unemployed labourer in India's richest state of Maharashtra, is forced to queue for hours in scorching heat to fetch water even as the government puts on trains to ship water to the region parched by back-to-back drought years. "The government says it is bringing water by train every day, but we are getting water once a week,"...

  • NEW DELHI— Bangladesh police say assailants have stabbed two men to death, including a gay rights activist who worked for the U.S. Agency for International Development.

  • KATHMANDU, Nepal— Last year's massive earthquake in Nepal killed nearly 9,000 people, yet could have been much deadlier. Yet experts say India and neighboring India have a long way to go to implement earthquake-safe building practices. Still, "similar types of schools are still standing in other parts of Nepal," Bryneson said.

  • *Poses risk to coffee crops in Vietnam, Indonesia. LONDON/ HANOI, April 22- The growing likelihood of La Nina could be good news for coffee producers in drought-hit Colombia where the weather pattern is associated with heavy rains and the sugar sector in India where it may trigger a stronger-than-normal monsoon. Traders and analysts said, however, much would...

  • The offer of shares in Vodafone India is expected to raise between $2 billion and $2.5 billion, the people said, making it the biggest IPO in India since state-owned Coal India Ltd's $3.5 billion listing in 2010.. Vodafone Group, which is India's second-largest mobile operator behind Bharti Airtel, had raised the prospect of a listing in India as early as 2011..

  • India is worried about Brexit: Lord Bilimoria

    Cobra Beer’s founder and entrepreneur, Lord Bilimoria explains why he is against leaving the EU and says Indians think Brexit is dangerous to trade.

  • The demand for beer in India

    Cobra Beer’s founder and entrepreneur, Lord Bilimoria, says craft beer is becoming more popular in India.

  • Indian economy outlook

    India may not be enjoying double-digit growth, but it still has plenty to offer to global investors, warns Shashi Tharoor, author, member of parliament, former UN under-secretary general.

  • NEW DELHI, April 20- Developed countries should raise taxes on coal production to help raise money for a $100 billion- a-year fund that is supposed to help poorer countries tackle climate change but are short of cash, India's environment minister said on Wednesday. An agreement to finance the fund was a major part of the landmark Paris climate change accord...

  • 2007- USA- Competitors and consumer groups push U.S. Federal Trade Commission to investigate Google's acquisition of online display advertising firm DoubleClick. 2009-2010- EUROPE- Rivals and industry trade groups file complaints against Google to a variety of national regulators in Europe, citing competition concerns. 2010- EUROPE- European Commission...

  • China on Tuesday launched a yuan-denominated gold price fix in its bid to become a price maker in a market dominated by London and New York.

  • Raghuram Rajan, The Reserve Bank of India (RBI) Governor.

    The RBI will continue to use FX intervention to reduce volatility in the country's exchange rates, the bank's governor said on Monday.

  • Vijay Mallya, chairman of UB Group.

    Vijay Mallya has rejected investigators' allegations that $64 million loaned to Kingfisher Airlines was redirected, the Financial Times reports.

  • NEW YORK, April 18- Having searched high and low for revenue growth with little success, Morgan Stanley is taking a hatchet to costs. But even with those steps, analysts grilled Morgan Stanley executives about whether they will be able to hit Chief Executive James Gorman's target of a 9 to 11 percent return-on-equity by 2017. "If Morgan Stanley doesn't get to this...

  • NEW DELHI, April 18- Global ride-hailing company, Uber Technologies Inc, has temporarily suspended' surge pricing' in the Indian capital after the state government threatened to cancel permits and impound vehicles of its drivers, it said on Monday. Delhi chief minister Arvind Kejriwal, who introduced the odd-even scheme, said in a tweet on Sunday that he had...

  • NEW DELHI, April 18- India's finance ministry is asking for regular progress reports from tax collectors and has set a date for an amnesty to pay off arrears on undeclared domestic assets, as the government intensifies efforts to meet its ambitious deficit target. Arrears now amount to some $117 billion, roughly four times what they were six years ago.

  • NEW DELHI, April 16- Negotiations for India to buy 36 French Rafale fighter jets are nearing the finish line, the Indian defence ministry said, with sources saying the price will be set at around $9 billion. Both sides had hoped to wrap up the strategic order during President Francois Hollande's visit for India's Republic Day celebration in January, but hard...

  • GENEVA, April 15- India's decision to put minimum prices on imported iron and steel and to impose emergency "safeguard" tariffs on some steel imports drew wide criticism at a meeting of the World Trade Organization's Goods Council on Friday, a WTO official said. Japan led the criticism of India, and its concerns were echoed by Taiwan, Canada, Australia, the European...

  • FRANKFURT, April 15- German labor rules may force Daimler, the 130- year-old inventor of the motor car, to create more software and technology jobs abroad as it strives to develop a new generation of driverless vehicles, a senior official told Reuters. And the problem may get worse, said Daimler board member Wilfried Porth, who is responsible for information...