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 


Falling global crude prices bolster economic outlook

NEW DELHI - Falling crude oil prices have helped lawyer Pratik Mehra get off the bus and back behind the wheel of his car, cutting his travel time to work by a third.

Top News, Business 3:44pm IST

Govt decision to deregulate diesel is 'credit positive' - Moody's

MUMBAI - India's decision to remove price controls on diesel and to raise natural gas prices signals fiscal discipline and is a "credit positive" step, although the overall impact could be limited, Moody's Investors Service said on Tuesday.

Economy, Business 4:00pm IST

HDFC Bank net profit up 20 percent, lags estimates

MUMBAI - HDFC Bank Ltd, India's second-biggest private sector lender by assets, on Tuesday reported a 20 percent rise in quarterly net profit, lagging estimates, due to higher tax expenses and provisioning for loan losses.

1:25pm IST

Adani Group shares gain; seen benefiting from coal measures

Reuters Market Eye - Adani Enterprises gains 2 percent, while Adani Power is up 4 percent.

11:52am IST

Cairn India's operating profit may lag estimates - StarMine

Reuters Market Eye - Cairn India Ltd's July-Sept operating profit may lag consensus, according to the Thomson Reuters StarMine's SmartEstimates.

11:24am IST

JLR sees China sales growth roughly halving this year - exec

CHANGSHU China - British luxury carmaker Jaguar Land Rover Ltd sees sales growth in China roughly halving this year and decelerating even further next year due to a larger base of comparison and slower expansion of the world's largest auto market.


Bharti gains after rival Idea's profit beats estimates

Reuters Market Eye - Bharti Airtel gains 1.5 percent after rival Idea Cellular’s earnings beat estimates.

10:43am IST

Power Finance, Rural Electrification surge on coal reforms

Reuters Market Eye - Power Finance Corp gains 5 percent, while Rural Electrification Corp is nearly 5 percent.

10:40am IST

Nifty rises to 1-1/2 week closing high; Jindal Steel surges

MUMBAI - The BSE Sensex and Nifty rose for a third straight session on Tuesday to mark their highest close in 1-1/2 weeks as coal-related stocks such as Jindal Steel and Power surged on the government's plans to auction coal blocks the top court cancelled in August.

4:29pm 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