India
Vai alla Scheda Paese »Live as if you were to die tomorrow. Learn as if you were to live forever.
— Mahatma Gandhi
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Steelmakers raise prices, but surge in value unlikely
Some steelmakers have raised their prices after a recent government measure to rein in cheap imports, but a surge in value is unlikely as India's production capacity is rising faster than its domestic demand growth. Steel output will likely grow by 10 million tonnes in the next three to four ...
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Car sales in 2016 begin on a nervous note
Car sales opened the new year on a nervous note as volumes fell, although marginally, after 14 straight months of growth. Hectic spending in the month of December, which saw companies throwing in freebies and discounts, as well as expected price increments in the opening month of 2016 kept demand ...
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Panagariya favours China coastal model for Make in India
NITI Aayog vice-chair suggests starting with a few mega coastal economic zones and large-scale firms, the tax incentives tied to specified levels of job creation in the early years
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India, UAE sign 7 agreements to step up bilateral cooperation
During Modi's visit to UAE, it was decided to increase the current volume of bilateral trade by 60% in the next five years
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India is new battlefield for Chinese and American investors
Expanding partnerships with original equipment makers in India, investing in local companies and striking content partnership deals here are key priorities.
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Stock market carnage wipes out over Rs 3L crore from investor wealth
The carnage in stock market made Dalal Street investors poorer by over Rs 3 lakh crore, where the benchmark Sensex tumbled by more than 800 points.
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Vodafone looks to invest Rs 2,500 crore in Karnataka
Telecom operator Vodafone India said it will invest an additional Rs 2,500 crore in Karnataka over the next few years to expand its presence in the state.
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Crossing the desert
Subrata Roy smiles on through adversity FOR businessmen scrambling to raise money in a bid to stave off bankruptcy, conference rooms can feel like little more than gilded prison cells. Few will feel this more acutely than Subrata Roy, the boss of Sahara, an Indian conglomerate: over the past 23 months ...
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Panagariya favours large export oriented manufacturing firms to generate jobs
The NITI Aayog vice-chairman also advocated the need for constructing Coastal Economic Zones on India's western and eastern coasts
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India, RCEP members to discuss trade pact in Brunei starting February 15
The Regional Comprehensive Economic Partnership is a trade deal that aims to cover goods, services, investments, economic and technical cooperation, competition and intellectual property rights
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Tata Motors profit dented by drop in Jaguar Land Rover’s Chinese sales
Tata Motors reported on Thursday strong sales by its British Jaguar Land Rover subsidiary in Europe and North America in third quarter, offsetting a drop in China. JLR's profit rose to 14.4% from 12.2% in the preceding quarter, but was still down from nearly 20% in earlier quarters.
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Patient challenges patent on two key HIV drugs
patient suffering with HIV has opposed patent applications for two important HIV medicines, dolutegravir and cabotegravir, thwarting an attempt by ViiV Healthcare (a joint venture by Pfizer and GlaxoSmithKline) to obtain monopoly rights on the drugs, in India.
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Rupee ends at fresh 29-month low of 68.30, down 45 paise
The rupee plummeted by 45 paise to end at an over 29-month low of 68.30 a dollar on fresh demand for the US currency from banks and importers in view of sharp fall in equities amid foreign capital outflows.
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Rupee at new 29-month low, closes at 68.30 vs dollar
The rupee on Thursday plummeted by 45 paise to end at an over 29-month low of 68.30 a dollar on fresh demand for the US currency from banks and importers in view of sharp fall in equities amid foreign capital outflows.
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Government to link saving deposits to market rates
India will link the interest paid to millions of small savers in a $137-billion central deposit scheme to market rates that will be revised every quarter, economic affairs secretary Shaktikanta Das said. The move is likely to irk small savers and could be unpopular politically.
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Raghuram Rajan says banks will be restored to health
Reserve Bank of India governor Raghuram Rajan said on Thursday efforts by the central bank and the government to clean up banks' balance sheets would be successful and warned analysts against "scaremongering" about the level of stressed assets in the sector.
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ONGC aims for ‘new drilling contracts’ in cost-saving drive
Oil and Natural Gas Corp hopes to agree new cheaper drilling contracts for its western offshore fields, two sources involved in the matter said, in its biggest ever cost-saving drive in response to lower crude prices.
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Worrying imbalances lurk below India’s high headline growth
India's turbocharged growth figures have been criticized by many analysts for giving too flattering a view of Asia's third-largest economy. Closer scrutiny reveals another reason to worry: it's the wrong kind of growth. There was little sign of an upturn in private capital investment.
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Gross bad loans of 6 listed PSU banks more than double their market value
Most banks are expected to report an increase in bad loans after the Reserve Bank of India directed them to proactively identify stressed loans as NPAs.
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Hindustan Unilever looking for buyers for its atta, rice, salt business
The firm has appointed investment bankers to scout for buyers, and rivals and other strategic players have been sounded out.
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India pins hopes on China-backed trade bloc
New Delhi has long been seen by many countries as an intransigent player at the World Trade Organization, a multilateral forum that has struggled to find the consensus it needs to move forward.