Asia Top News and Analysis India

  • SHANGHAI, China, Aug 12- As David Byrne ate breakfast at the Tongli Lakeview Hotel outside Shanghai one Sunday in April, an angry customer was waiting for him. The previous day, he had introduced himself to a roomful of potential customers in the hotel as the new London head of a foreign currency trading platform whose website offered very high returns.

  • LONDON, Aug 12- Investors are piling into emerging-market equities despite still-sluggish company profits, hoping that signs of a gradual uptick in economic growth will end the sector's five-year earnings recession. Investors generally demand stronger earnings from emerging market companies than their developed counterparts, to offset the sector's...

  • NEW DELHI, Aug 12- India's Supreme Court handed a reprieve to the auto industry on Friday, ruling that new diesel vehicles can be allowed on the streets of the national capital as long as a 1 percent "green" tax is paid. The Supreme Court allowed the registration of large diesel vehicles with an engine capacity of 2 litres or more in Delhi and the surrounding National...

  • NEW DELHI, Aug 12- India's Supreme Court handed a reprieve to the auto industry on Friday, ruling that new diesel vehicles can be allowed on the streets of the national capital as long as a 1 percent "green" tax is paid. The Supreme Court allowed the registration of large diesel vehicles with an engine capacity of 2 litres or more in Delhi and the surrounding National...

  • SHANGHAI, China, Aug 12- As David Byrne ate breakfast at the Tongli Lakeview Hotel outside Shanghai one Sunday in April, an angry customer was waiting for him. The previous day, he had introduced himself to a roomful of potential customers in the hotel as the new London head of a foreign currency trading platform whose website offered very high returns.

  • *Malaysia sees $1.4 bln bond inflows despite 1 MDB scandal. *Global investors scoop up Indonesia, S.Korean bonds in August. "The fixed income rally in Asia has been impressive, but we still think there is some more room to go, especially for high yielders as we see more rate cuts in the pipeline in several countries," said Jens Nystedt, portfolio manager and head of...

  • India Capex

    Credit Suisse PB APAC's Sailesh Jha outlines factors that will support increased capital spending by both India's public and private sector.

  • Indian Prime Minister Narendra Modi (L) and Chinese President Xi Jinping (R).

    China and India, the two most populous countries in the world and Asia's economic giants, have had a chequered history.

  • Raghuram Rajan, who will step down from his role as Reserve Bank of India governor, tells CNBC TV18 what he thought of his performance.

  • University Rajan PKG

    RBI's Raghuram Rajan says he thinks it is important to address legitimate criticism and communicate clearly to the public so as to build conviction.

  • Underlying net income, which excludes the impact of interest rates and equity market movements, fell about 10 percent to C $554 million, or 90 Canadian cents per share, in the quarter ended June 30. That reflected a decline in interest rates during the second quarter, which the company said was due to macroeconomic factors including Britain's decision to leave...

  • Rajan Leaving PKG

    RBI's outgoing governor Raghuram Rajan says he is fundamentally an academic and had accepted the post to see where he could implement ideas and reforms.

  • RBI Rajan PKG

    RBI Governor Raghuram Rajan tells CNBC TV18 that the inflation target is something that the central bank and government will try to achieve.

  • Global companies may face a high risk that slavery is part of their supply chains, particularly if they are in garment-making, farming or mining.

  • Underlying net income, which excludes the impact of interest rates and equity market movements, fell about 10 percent to C $554 million, or 90 Canadian cents per share, in the quarter ended June 30. The company's underlying net income in Canada fell 20 percent to C $200 million, while underlying net income from its U.S. business rose 8.6 percent to C $114 million.

  • Aug 10- Canadian insurer Sun Life Financial reported a near 34 percent drop in quarterly profit, hurt by volatile equity markets following the Brexit vote and low interest rates. Sun Life's net income fell to C $480 million, or 78 Canadian cents per share, in the second quarter ended June 30, from C $726 million, or C $1.18 per share, a year earlier.

  • RBI Repo-rate

    The implementation of an inflation-targeting policy is industry best practice, says Richard Iley, BNP Paribas' Chief Economist.

  • First, they sought to build a coalition among the nation's 29 state governments to isolate the Congress party, which despite losing heavily to Modi in 2014 had blocked a new Goods and Services Tax in the upper house of parliament. Then, Jaitley held a series of meetings with Congress leaders whose outcome was uncertain right up to the last minute, sources close to...

  • First, they sought to build a coalition among the nation's 29 state governments to isolate the Congress party, which despite losing heavily to Modi in 2014 had blocked a new Goods and Services Tax in the upper house of parliament. Then, Jaitley held a series of meetings with Congress leaders whose outcome was uncertain right up to the last minute, sources close to...

  • First, they sought to build a coalition among the nation's 29 state governments to isolate the Congress party, which despite losing heavily to Modi in 2014 had blocked a new Goods and Services Tax in the upper house of parliament. Then, Jaitley held a series of meetings with Congress leaders whose outcome was uncertain right up to the last minute, sources close to...