Obama In India

U.S. President Barack Obama delivers an address to India's parliament in New Delhi, November 8, 2010. REUTERS/Jason Reed

Obama backs India's quest for permanent U.N. seat

U.S. President Barack Obama endorsed on Monday India's long-held demand for a permanent seat on the U.N. Security Council, a largely symbolic move that may put diplomatic pressure on rival regional power China.  Full Article | Slideshow 

Exide shares gain on earnings, despite some doubts

Reuters Market Eye - Shares in Exide Industries Ltd rise after the industrial and automotive battery maker reported late on Monday that April-June earnings rose 17 percent to 1.85 billion rupees ($30.73 million), beating some analysts' estimates.

12:08pm IST

Hitachi Home shares surge after net profit triples

Reuters Market Eye - Shares in Hitachi Home and Life Solutions (India) Lt surge as much as 11.6 percent to a record high of 407 rupees after the company reported April-June net profit tripled to 430.2 million rupees.

10:59am IST
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Telecom stocks gain on spectrum rules, Idea results

Reuters Market Eye - Shares in telecom operators gain after Idea Cellular's April-June profit beat estimates and after the sector regulator issued guidelines for mobile phone spectrum sharing between carriers that is seen benefiting the bigger incumbents.

10:23am IST
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Nifty edges higher; telecom stocks surge

Reuters Market Eye - The Nifty rises 0.7 percent, heading for a sixth consecutive session of gains.

10:57am IST
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More than half of consumers globally upbeat on job prospects - Nielsen

LONDON - More than half of consumers globally expect job prospects to be good to excellent in the year ahead, a survey showed on Tuesday.

Business, Top News 9:59am IST
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Rupee edges up on hopes of foreign fund inflows

Reuters Market Eye - Rupee trading at 60.22/23 versus its close of 60.30/31, as the dollar makes losses versus other Asian currencies with hopes of foreign fund inflows into the local sharemarket continuing to cheer.

9:45am IST

Indoco Remedies jumps after U.S. FDA approves plants

Reuters Market Eye - Shares of Indoco Remedies Ltd surge 14.2 percent after the company said on Monday that the U.S. drug regulator had approved the company's sterile and solid dosage manufacturing plants located in Goa, paving the way for its ophthalmic product launches in the United States.

9:39am IST
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Idea shares jump after Q1 profit beats estimates

MUMBAI - Shares in Idea Cellular, India's third-biggest mobile phone operator by users and revenue, rise in early trade after its first-quarter profit rose 57 percent to 7.28 billion rupees ($120.8 million), beating consensus estimates.

9:33am IST
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Wall Street ends slightly lower on Ukraine, Gaza worry

NEW YORK - U.S. stocks slipped on Monday as investors remained cautious about instability in Ukraine and Gaza, though the three major indexes ended well off their lows, a sign that some appetite for riskier assets remained.

2:20am IST
Obama's Asia trip
    Alistair Scrutton

    Exclusive Video

    A Reuters video discussion with the Brookings Institution.  Full Article 

    Lisa Curtis

    Global Role

    Obama's India visit should affirm New Delhi’s global role, says Lisa Curtis.  Full Article 

    C. Uday Bhaskar

    India Bowled Over?

    Obama's visit to India has become a veritable one-day cricket match with a ball-by-ball commentary.  Full Article 

    Henry Foy

    India Calling

    Could Obama’s loss be India’s gain, asks Henry Foy.  Full Article