India

India expected to receive total remittance of $80 bn in 2018

Global remittances are expected to grow 3.7 per cent to $715 billion in 2019.

Dec 9, 2018

India rice rates slip; tough Chinese rules dent Vietnam exports

Rice export prices fell a the second consecutive week in India on a weakening rupee and slow demand, while strict inspections from top consumer China muted exports from Vietnam.

Dec 6, 2018

India, UAE ink Rs 3,500 crore bilateral currency swap agreement to boost trade ties

With this agreement, trading and business can now be done using domestic currencies of both the countries, instead of the US dollar.

Dec 5, 2018

UAE proposes underwater rail corridor between Mumbai and Fujairah

The announcement was made by Abdulla Alshehhi, of the National Advisor Bureau Limited at India-UAE strategic conclave 2018.

Dec 4, 2018

Has Pakistan bought Chinese SH-15 Howitzer for its 'miniaturized' nuclear shells?

Termed as a game-changer against India's 'Cold Start' doctrine, the move has triggered a new debate over the nuclear capability between India and Pakistan.

Dec 3, 2018

India's economic growth seen slowing during PM Modi's run for re-election

India's annual economic growth probably moderated to 7.4 percent in the July-September quarter, according to a Reuters poll, weakening just as Prime Minister Narendra Modi's Hindu nationalist led-government gets set for an election due by May.

Nov 29, 2018

Wave of refinery shutdowns may push India into importing fuel next year

India prepares for cleaner fuels from April 2020 in moves that could temporarily dent oil demand and push up imports of refined fuels.

Nov 27, 2018

India is the most vacation-deprived country in the world, reveals study

The research study reveals 41 percent of Indians have not taken a vacation in the past six months due to work. Indian workers are also not keen on making use of all vacation days, the study adds.

Nov 24, 2018

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