India's economic growth is expected to accelerate this year and could reach nearly six percent, a key government study said Wednesday ahead of the first national budget by the new right-wing government.
Indian equities climbed to a fresh high Monday for the second time in less than a week as parliament opened ahead of a budget expected to see the announcement of long-term reforms.
Indian stocks surged to a record high Wednesday on hopes that the newly elected government will announce reforms to revive the economy in its first budget next week.
State-run cement producer Semen Indonesia (SMGR) said it had signed an offtake agreement with its Vietnamese subsidiary Thang Long Cement Company (TLCC) to help the latter refinance its US$140-million debts.
India's inflation accelerated to a five-month high in May, in a worrying sign for Prime Minister Narendra Modi's new government which has made fighting price rises a priority.
Asia's biggest budget carrier AirAsia launched its debut flight in India on Thursday, fueling a cut-throat fare war in a sector already reeling from losses.
Asia's biggest budget carrier AirAsia is set to make its maiden Indian flight this week, fuelling a cut-throat fare war in a sector already reeling from losses.
American household wealth reached a new record in the first quarter of 2014 thanks to a rising stock market and an improving housing market, according to U.S. data released Thursday.
Average U.S. rates on fixed mortgages rose slightly this week, reversing a five-week downward trend.
India's hawkish central bank was widely expected to keep interest rates unchanged Tuesday at its first monetary policy-setting meeting since new pro-growth prime minister Narendra Modi took office.