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Bright GDP just a small step in long road to sustained revival

NEW DELHI - Optimism that sunny growth figures herald an economic revival in India is probably misplaced - in fact there is little hard evidence to support the idea that Asia's third-largest economy is heading for a broader and sustained rebound anytime soon.

Recent Business News

India's rating seen limited by fiscal deficit, inflation - Moody's

MUMBAI - India's fiscal deficit and inflation outlook could prevent any upgrades in the country's sovereign rating, even as the economy is headed for recovery, Moody's Investors Service said on Wednesday.

Economy 10:55am IST

Asian shares rise, dollar on top of the heap

TOKYO - Upbeat Chinese services activity reports helped lift Asian shares on Wednesday, while the dollar was close to 14-month highs against a basket of major currencies after data underscored that the U.S. economy continues to gather gradual momentum.

11:56am IST

Nikkei jumps to seven-month high on renewed "Abenomics" hopes

TOKYO - Japanese shares hit a seven-month high on Wednesday, with financial shares leading the gains, in the hope a cabinet reshuffle by Prime Minister Shinzo Abe giving fresh impetus to his "Abenomics" growth-promoting policies.

Japan 12:17pm IST

Tata Motors gains after slew of upgrades

Reuters Market Eye - Tata Motors Ltd gains as much as 2.76 percent after a slew of rating upgrades.

10:30am IST

Brent climbs towards $101, pulls away from 16-month low

SINGAPORE - Brent crude rose towards $101 a barrel on Wednesday, pulling away from a 16-month low hit in the previous session, supported by encouraging U.S. manufacturing data.

10:22am IST

REUTERS SHOWCASE

Smartphone Wars

Smartphone Wars

Google's Android One adds to Samsung's worries.  Full Article 

India Services Activity

India Services Activity

Services growth slowed in August, orders waned.  Full Article 

Money Matters

Money Matters

Banks pile pressure on liquor baron Mallya over airline loans.  Full Article 

Moody's on India

Moody's on India

India's rating seen limited by fiscal deficit, inflation - Moody's  Full Article 

Political Pulse

Political Pulse

100 days of Modi: Good for business, not so good for marginalised groups.  Full Article 

Segway in India

Segway in India

Segway’s India business pegs hope on tech-savvy Modi.  Full Article 

China Economy

China Economy

China services activity rebounds but property remains a worry.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

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