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 

Flipkart raises $700 million in fresh funding

MUMBAI - Flipkart, India's largest online retailer, on Saturday said it had raised funding worth $700 million, as it tries to compete with Amazon, which is rapidly scaling up operations in the country.

Top News, Business 20 Dec 2014

Exclusive - India looks to sway Americans with nuclear power insurance plan

NEW DELHI - India is offering to set up an insurance pool to indemnify global nuclear suppliers against liability in the case of a nuclear accident, in a bid to unblock billions of dollars in trade held up by concerns over exposure to risk.

Top News, Business 19 Dec 2014

SpiceJet rescue plan marks bold bet on Indian aviation recovery

NEW DELHI - The co-founder of SpiceJet is leading a $240 million rescue effort to pull the low-cost carrier back from the brink of collapse, in a bold bet on the recovery of an industry plagued by high costs and heavy losses.

19 Dec 2014

RBI working to remove 2-step security for small online transactions

MUMBAI - The Reserve Bank of India is working on a system that would allow small value electronic transactions without a second level of verification that is now required for most transactions involving domestic credit cards, Deputy Governor H.R. Khan said on Friday.

19 Dec 2014

Government to compensate states for revenue losses from new GST

NEW DELHI - India will compensate its state governments for revenue losses due to the new nationwide Goods and Service Tax (GST), which is targeted to be implemented on April 1, 2016, the finance minister said on Friday.

19 Dec 2014

Modi may order insurance, coal reforms if vote delayed - officials

NEW DELHI - Prime Minister Narendra Modi may consider using an executive order to push through laws overhauling the insurance and coal sectors, if the increasingly fractious parliament fails to pass them soon, two government officials said on Friday.

Top News, Business 19 Dec 2014

Rupee, 10-year bonds see worst week since Aug; global cues key

MUMBAI - Bonds and the rupee weakened on Friday to post their worst weekly falls since August as sentiment remained subdued after a volatile week marked by concerns about financial contagion from the tumbling Russian rouble.

19 Dec 2014

MARKETS WEEKAHEAD - Parliament's winter session ends, global markets key

REUTERS - Progress on key bills such as a nationwide sales tax scrutinised as Parliament's winter session ends on Tuesday. Developments in Russia and foreign fund flows will be key.

19 Dec 2014

Crank up public spending to revive growth - chief economic adviser

NEW DELHI - India should increase public spending to boost economic growth in the medium term as there have been no signs of private investment picking up, chief government economic adviser Arvind Subramanian said on Friday.

Business, Economy 19 Dec 2014
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