The opening of the insurance sector-- which has languished in parliament for more than six years-- is one of a series of measures that Modi hopes will make it easier for overseas firms to bet on India's growth story. The legislation will shake up India's overcrowded life insurance sector, allowing global insurers such as Britain's Prudential-- which holds a...
The opening of the insurance sector- which has languished in parliament for more than six years- is one of a series of measures that Modi hopes will make it easier for overseas firms to bet on India's growth story. The legislation would shake up India's overcrowded life insurance sector, allowing global insurers such as Britain's Prudential- which holds a...
NEW DELHI, March 11- An Indian court summoned former Prime Minister Manmohan Singh on Wednesday over accusations of criminal conspiracy and corruption over the award of a coal field during his term, in a blow for the Gandhi dynasty that ruled India until last year. A special court under the Central Bureau of Investigation summoned the former prime minister...
NEW DELHI, March 11- Former Prime Minister Manmohan Singh was summoned on Wednesday by a court accused of criminal conspiracy in an inquiry into the award of coal fields during his term, in a blow for the Gandhi dynasty that ruled India until last year. Most coal block awards made by Singh's government, which ran India for a decade, were overturned by the Supreme...
NEW DELHI, March 11- Indian ex-Prime Minister Manmohan Singh stands accused of criminal conspiracy over the allocation of a coal block to Hindalco Industries, a source at the Central Bureau of Investigation said on Wednesday.
NEW DELHI, March 11- India's former Prime Minister Manmohan Singh was summoned as an accused to appear in court as part of an inquiry into the allocation of coal blocks during his administration, Indian media reported on Wednesday. Most coal block awards made by Singh's government, which ran India for a decade until last year, were overturned by the Supreme Court...
Indian retailers are struggling to keep up online as e-commerce garner large investments.
Stephen Nagy, Assistant Professor, Department of Japanese Studies at The Chinese University of Hong Kong, says Japan is the ideal partner to provide the capital and technology investment that India needs.
India's finance minister had a bruising battle with cabinet colleagues in the run-up to the budget he unveils this week, rebuffing demands for pre-election spending and insisting on austerity to shore up investors' faith in India's economy.
Italian defence group Finmeccanica has delayed publication of its 2012 results after a bribery probe connected with the sale of 12 helicopters to Indian authorities, it said on Thursday.
Two bombs placed on bicycles exploded in a crowded market-place in the southern Indian city of Hyderabad.
British Prime Minister David Cameron arrives in India on Monday to try to win new investment in the face of fierce global competition.
Being a big wheel in the earth mover business, Vipin Sondhi has a very clear idea why the Indian economy is stuck in the mud and what the government must do to change the mindset of business executives, like himself.
India's central bank is widely expected to make a modest cut in interest rates later on Tuesday to support an economy set for its slowest growth in a decade, with a deeper cut unlikely due worries over the fiscal and external deficits and inflation.
India's industrial output shrank in November after a spurt the previous month, denting hopes of a recovery in economic growth and strengthening the case for an interest rate cut later this month.
One of hundreds of attacks reported in New Delhi each year, the brutal gang rape and murder of a young medical student in a private bus this month caught authorities and political parties flat-footed, slow to appreciate it had become symbolic of all the others.
India's government has announced an inquiry into the lobbying practices of Wal-Mart after a report that the giant retailer had pressed U.S. lawmakers to help gain access to foreign markets.
India's economic reform program faces a key parliamentary test this week on whether to let foreign retailers set up shop, in a vote that could pave the way for further measures to revive the economy.
Political inertia, red tape and a dearth of foreign investment are impeding a much needed overhaul.
ROME- Former Italian premier Silvio Berlusconi faced a fresh setback on Monday as early counting in a local election in Sicily showed his divided centre-right party trailing in a former stronghold and big gains for the anti-establishment 5 Star Movement.