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Asia Top News and Analysis India

  • BADEN-BADEN, GERMANY- European Central Bank Board Member Benoit Coeure will participate in G20 Finance and Central Bank Deputies meeting in Baden-Baden. FRANKFURT- German Finance Minister Wolfgang Schaeuble and IMF Managing Director Christine Lagarde speak at a conference in Frankfurt- 1230 GMT. BRUSSELS- European Central Bank Board Member Peter Praet...

  • A taxi featuring an advertisement for GrabTaxi, operated by Grab, center, waits with other taxis at the Vivo City taxi stand in Singapore, on Monday, Oct. 31, 2016.

    Southeast Asian ride-hailing app Grab plans to hire 800 engineers across its six R&D centers in Asia and the U.S.

  • Earnings growth in EM Asia could top 15%: Pro

    Domestic consumption in emerging Asia could boost earnings growth in the region by 15 to 20 percent, says William Ma of Noah Holdings (Hong Kong).

  • FRANKFURT- European Central Bank Board Member Peter Praet will participate in panel of 9th Annual IIF G20 Conference "The G20 Agenda Under the German Presidency" organized by the Institute of International Finance in Frankfurt, Germany- 0930 GMT. FRANKFURT- Federal Banking Symposium "Banking Supervision in Dialogue"- 0800 GMT. FRANKFURT- Riksbank Governor...

  • FRANKFURT- European Central Bank Board Member Peter Praet will participate in panel of 9th Annual IIF G20 Conference "The G20 Agenda Under the German Presidency" organized by the Institute of International Finance in Frankfurt, Germany- 0930 GMT. FRANKFURT- Federal Banking Symposium "Banking Supervision in Dialogue"- 0800 GMT. FRANKFURT- Riksbank Governor...

  • India's Prime Minister Narendra Modi addresses his supporters at Bharatiya Janata Party (BJP) headquarters in New Delhi, India, March 12, 2017.

    Indian shares rose Tuesday after Prime Minister Narendra Modi's Bharatiya Janata Party won a landslide electoral victory.

  • *India's NSE index gains as much as 2.1 pct to new peak. MUMBAI/ BENGALURU, March 14- India's NSE index rose as much as 2.1 percent to a record high while the rupee hit a 14- month peak on Tuesday, as a big win for Prime Minister Narendra Modi's party in a key Indian state election was seen bolstering his economic reform agenda. The victory by Modi's Bharatiya Janata Party...

  • *Sun shares rise as much as 6.8 pct in Mumbai. MUMBAI, March 14- India's largest drugmaker Sun Pharmaceutical Industries said U.S. regulators plan to lift a ban on its Mohali plant in northern India, paving the way for a resumption of exports to the company's biggest market after four years. Sun's shares surged as much as 6.8 percent in Mumbai on Tuesday to a...

  • MUMBAI, March 14- India's largest drugmaker Sun Pharmaceutical Industries Ltd said on Tuesday that U.S. regulators plan to lift a ban on its Mohali plant in northern India, allowing the company to restart supplies from there after four years. Sun gained the plant along with its acquisition of Ranbaxy Laboratories in 2015 and has been attempting to fix quality...

  • *India's NSE gains as much as 2.1 pct to new peak. *Rupee hits highest vs USD since April 2016; bonds flat. MUMBAI/ BENGALURU, March 14- India's NSE index rose as much as 2.1 percent to a record high while the rupee strengthened to a near one-year high on Tuesday, as Prime Minister Narendra Modi's big win in the state of Uttar Pradesh was seen bolstering his economic reform...

  • Are Indian equities overvalued?

    Valuations are elevated but they reflect a positive outlook, said Manpreet Gill of Standard Chartered Private Bank.

  • *India's NSE gains as much as 2.1 pct to new peak. MUMBAI/ BENGALURU, March 14- India's NSE index rose as much as 2.1 percent to a record high on Tuesday as investors saw Prime Minister Narendra Modi's landslide victory in the northern state of Uttar Pradesh as endorsing his economic reform agenda. Modi's win, announced on Saturday, strengthened his claim to a second...

  • To resolve India's NPL problem, government has to take lead: Pro

    The BJP's victory in recent state elections gives PM Modi the mandate to speed up banking reforms, notes Sanjeev Prasad of Kotak Securities.

  • MOSCOW- Bank of Russia First Deputy Chairman Sergey Shvetsov is scheduled to attend an information and training seminar for journalists hosted by Bank of Russia- 0900 GMT. BUDAPEST- Hungarian Central Bank non-rate-setting meeting. BELGRADE- National Bank of Serbia interest rate decision.

  • STOCKHOLM- The Riksdag Committee on Finance will hold an open hearing on monetary policy with Riksbank Governor Stefan Ingves and Riksbank Deputy Governor Henry Ohlsson- 0900 GMT. FRANKFURT- European Central Bank President Mario Draghi speaks at the conference on "Fostering Innovation and Entrepreneurship in the Euro Area," initiated by ECB and MIT- 1430 GMT.

  • STOCKHOLM- The Riksdag Committee on Finance will hold an open hearing on monetary policy with Riksbank Governor Stefan Ingves and Riksbank Deputy Governor Henry Ohlsson- 0900 GMT. FRANKFURT- European Central Bank President Mario Draghi speaks at the conference on "Fostering Innovation and Entrepreneurship in the Euro Area", initiated by ECB and MIT- 1430 GMT.

  • Chairperson of the State Bank of India (SBI), Arundhati Bhattacharya

    Women aspiring to become corporate leaders must take up the challenge, according to someone often cited as the most powerful woman in India.

  • FRANKFURT- European Central Bank Board Member Vitor Constancio is scheduled to attend an event on "The Future of Economic Growth With and Without TFP Growth" by the Vice President at joint conference "Fostering Innovation and Entrepreneurship in the Euro Area" organized by the ECB and the Massachusetts Institute of Technology in Frankfurt, Germany- 1400 GMT.

  • FRANKFURT- European Central Bank Board Member Vitor Constancio is scheduled to attend an event on "The Future of Economic Growth With and Without TFP Growth" by the Vice President at joint conference "Fostering Innovation and Entrepreneurship in the Euro Area" organized by the ECB and the Massachusetts Institute of Technology in Frankfurt, Germany- 1400 GMT.

  • Narendra Modi's BJP wins big

    It's important not to read too much into the BJP's performance in recent state elections, says Narendra Subramanian, professor at McGill University.