Obama In India
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
MUMBAI - The Securities and Exchange Board of India (SEBI) has accused Sahara of deliberately failing to sell its marquee overseas hotels in New York and London, seen as crucial to it complying with an order to repay investors and secure the release of jailed head Subrata Roy.
MUMBAI - The rupee shrugged off weakness in major Asian currencies to post a modest gain Friday on strong foreign inflows, reversing the depreciating trend of the last three days.
NEW DELHI - India's annual infrastructure output growth slowed to 1.9 percent in September, government data showed on Friday, hit by a fall in crude oil and gas production.
NEW DELHI - India's fiscal deficit reached nearly 83 percent of its full-year target in the first half of the year, giving the government a tough job meeting its budget target even with help from a fall in global crude prices that will reduce the oil subsidy bill.
NEW DELHI - Automaker Mahindra and Mahindra Ltd posted a 4 percent drop in second-quarter net profit, missing analyst estimates, after a poor and delayed monsoon hit demand for its tractors.
NEW DELHI - The government is considering a ban on electronic cigarettes over the risks to public health that they may cause, a senior Health Ministry official told Reuters.
MUMBAI - Silver prices in India, the world's biggest consumer, hit a four-year low on Friday morning following losses in the world market.
TOKYO - Japan's Nikkei stock average surged to a seven-year high and the yen tumbled to its lowest since early 2008 against the dollar on Friday as the Bank of Japan caught markets flat-footed with its surprise monetary easing decision.
MUMBAI - The BSE Sensex and Nifty surged nearly 2 percent on Friday to record highs for the second consecutive day after Bank of Japan's surprise expansion of its massive stimulus programme raised hopes for additional foreign inflows, boosting blue-chips.
Obama's India visit should affirm New Delhi’s global role, says Lisa Curtis. Full Article
Obama's visit to India has become a veritable one-day cricket match with a ball-by-ball commentary. Full Article