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 core consumer price index was estimated to have risen around 7.9 percent in February from a year earlier, easing from an 8.1 percent advance in January, according to a Reuters snap survey of four dealers and economists.
NEW DELHI - India's industrial production grew for the first time in four months in January, posting annual growth of 0.1 percent, government data showed on Wednesday.
NEW DELHI - India's annual consumer price inflation eased more than expected to a 25-month low of 8.1 percent in February, helped by moderating food prices, government data showed on Wednesday.
MUMBAI - Global drugmakers have had a nauseous time in India's $14 billion market. Prices have dropped and valuable patents have been overruled as the authorities strive to make medicines affordable for the 70 percent of people living on less than $2 a day.
MUMBAI - India's biggest jewellery retailer Titan Co hopes to start exports in the next fiscal year to perk up sales that have been dampened by the country's strict curbs on gold imports, a senior company official said on Wednesday.
LONDON - A dizzying fall in copper to a near four-year low compounded increasing concern in China over its economic slowdown on Wednesday to send a wave of unease sweeping through world markets.
HYDERABAD - Air India is reviewing the performance of its Boeing 787 Dreamliner fleet to see if they are using up fuel faster than expected, but has no plans to ground the aircraft, the state-owned carrier's chairman said on Wednesday.
NEW DELHI - Coal India said its officers will go on a three-day strike from Thursday to demand for a settlement of pay-related issues, in a move that could cut some of its 1.5 million tonnes-per-day output and tighten domestic supplies.
Reuters Market Eye - The rupee is trading at 61.09/10 versus its last close of 60.94/95 on continued dollar demand from state-run banks.
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