NEW DELHI Finance Minister Arun Jaitley will meet state ministers on Tuesday to put pressure on the opposition Congress party to back a long-delayed sales tax reform whose chances have again been thrown into doubt by a parliamentary standoff.
NEW DELHI General Motors is re-evaluating its planned $1 billion investment in India and has put on hold moves to bring a new car platform to the country, company officials said.
Wall Street opened slightly lower on Monday as investors braced for another set of corporate earnings and awaited the Federal Reserve's monetary policy meeting.
NEW YORK A quarter of rich U.S. investors are so concerned that the U.S. presidential race will hurt share prices that they are considering pulling out of the stock market entirely, according to a survey by UBS AG Wealth Management Americas.
The Nifty rose to a one-year high on Monday, as sentiment got a boost after G20 policymakers agreed on the need to support measures for global growth.
NEW YORK Verizon Communications Inc said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash to expand its digital advertising and media business, ending a lengthy sale process for the fading Web pioneer.
NEW DELHI/MILAN/LONDON GAIL India Ltd is in talks with Russia's Gazprom to delay and renegotiate a 20-year gas purchase deal undercut by low spot prices, sources familiar with the matter say, as weak demand at home forces it to stall some contracted supply.
LONDON Oil prices fell to two and a half month lows on Monday amid worries that a global glut of crude and refined products would weigh on markets for some time.
LONDON Gold fell on Monday as the dollar firmed and a recovery in risk appetite supported world stock markets near nine-month highs ahead of central bank meetings in the United States and Japan.
PARIS French luxury group LVMH is selling Donna Karan International, the parent of New York label DKNY, to U.S. clothing firm G-III Apparel Group in a deal valuing the loss-making fashion brand at $650 million.