India

Bittersweet surplus: Farmers, governments in crisis as sugar output surges

India overtakes Brazil as biggest producer of sugar but disenchantment over falling prices fuels anger among farmers and causes headache for the government.

Nov 24, 2018

GDP growth: India at top spot among major economies; China remains second

Rating agencies estimate growth at 7.5 per cent despite several economic headwinds like high fuel prices and currency volatility.

Nov 23, 2018

Caution is the byword for India's approach to US spat with Pakistan

Tweet war of mercurial Trump and Khan cannot supplant hardboiled diplomacy which India needs to watch to understand the ground reality.

Nov 22, 2018

Tata Sons to go slow on deal to acquire debt-laden Jet Airways: Reports

Indian conglomerate Tata Sons Ltd will go slow on a deal to buy Jet Airways (India) Ltd after some directors expressed reservations at an inconclusive board meeting last Friday, the Times of India reported on Tuesday.

Nov 20, 2018

India among top 4 countries targeted for phishing attacks

The other three countries most targeted by phishing are Canada, the US, and the Netherlands showed research from RSA Security, a Dell Technologies business that offers business-driven security solutions.

Nov 19, 2018

Australia takes India to WTO over bitter sugar dispute

Canberra says it took up the matter of sugar subsidies with Indian officials but failed to get a favourable response following which it is approaching WTO

Nov 18, 2018

India's refined copper consumption to double by 2026: Birla Copper CEO JC Laddha

The nation's consumption of the metal is expected to rise to 1.433 million tonnes by 2026 from 650,000 tonnes in 2018, Birla Copper CEO J.C. Laddha told delegates at the Asia Copper Conference in Shanghai.

Nov 15, 2018

Shahid Afridi clarifies his 'Pakistan doesn't want Kashmir' statement

Shahid Afridi has come out and clarified his statement on letting Kashmir be independent and bashed the Indian media for misconstruing his statement

Nov 15, 2018

India suffers WTO setback in Japan's steel tariff dispute

India fears a WTO ruling on safeguard tariff following a Japanese challenge on steel import duty will have an impact on import from other sources

Nov 8, 2018

Tough times ahead for Indian rubber producers

High international inventory, the slump in China demand and producers' reluctance to intervene will prevent commodity's firming up.

Nov 7, 2018

RBI governor Urjit Patel could resign on November 19 – report

The government and the RBI have been fighting for weeks over how much autonomy the RBI should have as the administration of Prime Minister Narendra Modi seeks to reduce curbs on lending and to gain access to the RBI's surplus reserves.

Nov 7, 2018

Raghuram Rajan defends RBI call for autonomy

Former Reserve Bank of India Governor Raghuram Rajan defended the central bank's call for greater autonomy from the government, saying ultimately the nation stands to benefit from an independent and robust RBI.

Nov 6, 2018

China pats Pakistan for 'efforts' to have peace talks with India

During the ongoing China visit by Pakistan Prime Minister Imran Khan, Beijing and Islamabad issued a joint statement which had some references to India and the issues where it is involved.

Nov 4, 2018

Tata Motors posts second-quarter loss amid lean JLR sales, one-off charge

Total expenses during July-September rose 8.6 percent, while revenue climbed to 712.93 billion rupees from 695.70 billion rupees a year earlier.

Oct 31, 2018

Price rally takes sheen off India's festive buying; 'consumers waiting for a correction'

Gold futures were trading around Rs 32,070 per 10 grams on Friday, having touched Rs 32,311, the highest since July 6, last week.

Oct 28, 2018

Development of poorest of poor is real indicator of peace: PM Modi

Even though India had no direct connection with the First World War, it was an important event because Indian soldiers fought bravely and played a huge role by sacrificing their lives said the PM Narendra Modi.

Oct 28, 2018

RBI Deputy Governor Acharya says ignoring central bank's independence could lead to catastrophe

In a sign of a mounting policy struggle between India's central bank and the government of Prime Minister Narendra Modi, a top bank official warned on Friday that undermining a central bank's independence could be "potentially catastrophic".

Oct 27, 2018

China agrees to increase imports from India, says trade minister Suresh Prabhu

India's trade deficit with China is its widest with any country, with large amounts of electronics and other items flowing across the border with its northern neighbour.

Oct 26, 2018

ICICI Bank second-quarter profit halves, but asset quality improves

Net profit came in at Rs 9.09 billion ($123.84 million) in the three months ended September 30, compared with Rs 20.58 billion a year earlier, the private-sector bank said on Friday.

Oct 26, 2018

Yes Bank plunges on second-quarter profit miss; brokerages slash target prices

Shares of Yes Bank Ltd dived 15 percent to a four-week low on Friday, after the lender posted a weaker-than-expected quarterly profit due to higher provisions and weak asset quality.

Oct 26, 2018