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 - India's Sahara conglomerate said on Friday it aimed to raise $650 million in loans to secure the release of its chief, in jail for nearly nine months over the group's failure to refund billions of dollars to investors in outlawed bonds.
MUMBAI - India has scrapped a rule mandating traders to export 20 percent of all gold imported into the country, in a surprise move that could cut smuggling and raise legal shipments into the world's second-biggest consumer of the metal after China.
NEW DELHI - India's economy lost momentum in the first three months of Prime Minister Narendra Modi's government, amplifying industry calls for faster and deeper economic reform.
MUMBAI - India could be set for more banking acquisitions after a record $2.4 billion takeover last week ended four years of drought, but restrictive rules, reluctant sellers and sometimes difficult unions mean a flurry of deals is unlikely.
MUMBAI - India is set for more banking acquisitions after a record $2.4 billion takeover last week ended four years of a deals drought, as lenders fight for market share and wider reach amid looming competition from a new breed of players.
MUMBAI - India's economic growth slowed to 5.3 percent in the three months through September from 5.7 percent in the previous quarter, dragged down by weaker manufacturing, government data showed on Friday.
NEW DELHI - A slowdown in India's economy in the last quarter will increase calls for Prime Minister Narendra Modi to step up reforms but was less severe than feared, giving the Reserve Bank ammunition to resist government pressure to cut interest rates.
NEW DELHI - Essar Group, a $39 billion conglomerate, is looking to tap frozen Iranian oil revenues to pay for its steel exports to Tehran, in a novel attempt to work around Western financial sanctions against the OPEC member state.
SINGAPORE/MUMBAI - India's gold imports could climb to around 100 tonnes for a third straight month in November as dealers buy heavily for fear of curbs on overseas purchases, especially as the wedding season picks up, traders said.
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