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 

India not ready for full capital account liberalisation - RBI deputy Khan

MUMBAI - India is not ready for opening its capital account fully to foreign investors at this point in time as the pros and cons of such liberalisation are a "contentious issue", Reserve Bank of India deputy governor H R Khan said.

12:19pm IST
Photo

Government makes push to boost revenue as deficit deadline nears

NEW DELHI/MUMBAI - The government made a push on Wednesday to bolster its strained finances, offering to sell a stake in miner Coal India and more mobile phone airwaves as it aimed to deliver on a promise to trim its fiscal deficit.

Business, Top News 28 Jan 2015
Photo

Sensex, Nifty retreat from record highs on profit-taking

MUMBAI - The BSE Sensex and Nifty hit a record high for a sixth consecutive session on Wednesday before succumbing to profit-taking as blue chips, including lenders, rose on hopes the U.S. Federal Reserve could take a dovish stance in its post-meeting statement later in the day.

28 Jan 2015
Photo

Private refiners compete with state firms to sell diesel to railways

NEW DELHI - Private refiners Reliance Industries Ltd and Essar Oil Ltd are competing with state refiners to sell diesel to Indian Railways, sources at the state refiners said, after the federal government's control over diesel pricing ended last year.

28 Jan 2015

Jaiprakash Power likely to default on $200 mln convertible bonds

NEW DELHI - Jaiprakash Power Ventures Ltd said it was likely to default on payments for convertible bonds worth $200 million due on Feb. 13, because it could not generate enough revenue from its operations.

28 Jan 2015
Photo

ONGC share sale scheduled for this fiscal - oil minister

NEW DELHI - State-run Oil and Natural Gas Corp's share sale is scheduled for this fiscal though falling crude prices pose a challenge, Oil Minister Dharmendra Pradhan said on Wednesday.

Business, Top News 28 Jan 2015
Photo

India postpones mobile airwave auction to March 4

MUMBAI - The government has postponed until March 4 the auction of mobile phone airwaves through which it is expected to raise $10 billion, according to a government notice on Tuesday.

27 Jan 2015
Photo

Idea Cellular posts 64 pct profit rise as subscriber numbers grow

MUMBAI - India's Idea Cellular Ltd posted a 64 percent rise in quarterly profit as it added more subscribers than rivals did, boosting data and talk time usage.

27 Jan 2015

Max India to be split into three separate companies

MUMBAI - Max India Ltd, which has interests in areas including insurance and healthcare, said its board had approved splitting the company into three different entities to streamline the business structure and sharpen focus.

27 Jan 2015
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