India

India will become world's fastest growing economy in 2019-20: IMF

India's growth could rise from an estimated 7.3% in the current financial year to 7.5% in 2019-20 amid a global slowdown.

13 hours ago

Venture capital backed exits jumps to all-time high of $165 billion

North America and Greater China including China, Taiwan, Hong Kong, and Macau contributed for $219 billion, or 79.9%, of funding on the global scale

11 days ago

New year brings fresh hopes for bulls in Asian currencies

With the trade talk outcome still uncertain, failure could quickly reignite pressure on the yuan with some still expecting it to breach the key 7-per-dollar mark on dimming growth outlook.

12 days ago

Suspicious packages sent to foreign consulates, embassies in Australia

"The packages are being examined by attending emergency services," the Australian Federal Police (AFP) said in a short statement without providing further details.

13 days ago

Indian rupee seen facing more punishment, but no new record low: Reuters poll

The rupee's path this year will largely be determined by the results of national elections in May, oil price moves and the Reserve Bank of India's policy.

13 days ago

India set to deport second Rohingya refugee group to Myanmar

Guwahati Police took a Rohingya Muslim family of five to the border by bus, readying to deport them to neighbouring Myanmar as the second such group expelled in four months during a crackdown on illegal immigrants.

19 days ago

India cuts tax on crude, refined palm oil imports from ASEAN countries

In March, India had raised import tax on crude palm oil to 44 percent from 30 percent and lifted the tax on refined palm oil to 54 percent from 40 percent.

21 days ago

Pakistan's defence modernisation drive worries India

Islamabad set to acquire advanced T-90 main battle tanks that form the core of Indian armoured regiments.

22 days ago

MS Dhoni plays with Ziva at Chennai beach, Instagram video goes viral [Watch]

MS Dhoni uploaded the video clip on Instagram and wrote, "As a kid whenever v got sand this was one thing v would do for sure."

22 days ago

Bangladesh PM Hasina scores big election win, opposition claims vote rigged

Prime Minister Sheikh Hasina's alliance won Bangladesh's election with a thumping majority, the country's Election Commission said early on Monday, giving her a third straight term following a vote that the opposition rejected as rigged.

22 days ago

In Bangladesh, some voters allege being barred from polling booths

At least three voters in southeast Bangladesh, including a journalist, told Reuters on Sunday that they were barred from entering polling booths or were told their ballot papers had already been filled in, hours after voting began in the nation's general election.

23 days ago

Nifty, Sensex slip on global cues; financials drag

Indian shares edged lower on Monday, in line with broader Asian markets, as political uncertainties in the U.S. and slow global economic growth dampened investor risk appetite.

29 days ago

Modi government likely to renew demand for extra dividend from Reserve Bank of India

The government has been sparring with the RBI on deciding a fixed formula for transferring dividend to the government as it believes the central bank currently uses an "arbitrary" method.

Dec 21, 2018

An online battle for 900 million hearts and minds: India braces for 2019 Lok Sabha elections

When India votes in a general election next year, it will be the world's largest democratic exercise, and the biggest ever test of the role of social media in an election.

Dec 20, 2018

Journalist detained for calling Manipur CM N Biren Singh a puppet of PM Modi

A television journalist has been detained for criticising the Bharatiya Janata Party (BJP) government on social media under laws intended to ensure national security, leading to protests in New Delhi.

Dec 19, 2018

UK economy to slip to 7th biggest in world in 2019: PwC

PwC projected economic growth in 2019 of 1.6 percent for Britain — assuming the country manages to avoid the shock of a no-deal Brexit in March — versus 1.7 percent for France and 7.6 percent for India.

Dec 19, 2018

IHH Healthcare halts open offer for Fortis after Supreme Court ruling

Malaysia's IHH Healthcare Bhd said its open offer to buy an additional 26 percent stake in Fortis Healthcare Ltd will not proceed as per the timeline following a court ruling.

Dec 17, 2018

'Indira Gandhi 2.0' - RBI coup a sign of PM Modi's authoritarian ways

When Reserve Bank of India (RBI) governor Urjit Patel abruptly resigned on Monday, it stunned many people in government and business circles.

Dec 14, 2018

Nifty and Sensex end higher after swift change of guard at RBI

Indian shares marked a one-week closing high on Wednesday, driven by financials and automakers after the government appointed a new central bank governor quickly, amid state election results raising hopes of increased rural spending.

Dec 12, 2018

Rajasthan Assembly election: Congress delegation to meet Governor at 7 pm

The delegation led by the chief ministerial candidate, to be decided by party president Rahul Gandhi on the basis of feedback from the MLAs, will call on the Governor and stake claim to form the government.

Dec 12, 2018