NEW DELHI India's economy defied expectations on Tuesday to retain the title of the world's fastest-growing major economy, despite the pain caused by Prime Minister Narendra Modi's shock cash crackdown.
MUMBAI India's annual economic growth slowed to 7.0 percent in the three months through December from a revised 7.4 percent expansion in the previous quarter, but it was much stronger than expected, government data showed on Tuesday.
NEW DELHI India's fiscal deficit in the first 10 months to January was 5.64 trillion rupees ($84.56 billion) or 105.7 percent of the budgeted target for the fiscal year ending in March 2017, government data showed on Tuesday.
NEW DELHI India's annual infrastructure output growth slowed to 3.4 percent in January from 5.6 percent in the previous month on a fall in refinery production and a deeper contraction in cement output, government data showed on Tuesday.
Indian shares fell for a second straight session on Tuesday as caution set in ahead of quarterly gross domestic product data due later in the day, which will show the extent of the impact on the economy from a ban on high-value currency.
MUMBAI Tata Sons has agreed to pay NTT DoCoMo $1.18 billion to buy out the Japanese firm's stake in a telecoms joint venture, paving the way for the settlement of a long-standing dispute days after a new chairman took charge at the Indian conglomerate.
U.S. stocks looked set to open flat on Tuesday, as investors preferred to wait and watch President Donald Trump's first speech to a joint session of Congress for clues on how he planned to implement his policies.
SEOUL South Korea's Samsung Group on Tuesday said it has dismantled its corporate strategy office, the nerve centre of operations for the sprawling conglomerate, following its chief's arrest amid a graft scandal that could bring down President Park Geun-hye.
WASHINGTON U.S. economic growth slowed in the fourth quarter as previously reported, with robust consumer spending offset by downward revisions to business and government investment.
LONDON World stocks hovered just off all-time highs and were on course for a fourth straight month of gains on Tuesday, as investors awaited a speech by U.S. President Donald Trump for signals on infrastructure spending and tax cuts.