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Thursday, April 4, 2013
Singh says India can return to high growth
Prime Minister Manmohan Singh wooed India's top business leaders Wednesday, promising to cut the red tape stifling investment in the country and invest in badly needed infrastructure projects.
Wednesday, April 3, 2013
India's top court on Tuesday fined British resources giant Vedanta nearly US$20 million over pollution from its huge copper smelter, which has just been shut by a new row over a “toxic” gas leak.
Thursday, March 28, 2013
Indian car buyers are being bombarded with “buy now, pay later” offers after once-booming sales skidded to a 12-year low, highlighting the struggle to stimulate consumer demand in a sagging economy.
Tuesday, March 26, 2013
Shares of oil producer Cairn India rose nearly 3 percent Monday after the explorer said it plans to invest US$2 billion to raise output by more than 70 percent at its oilfields in the country's northwest.
Wednesday, March 20, 2013
India central bank cuts interest rate to 7.5%
India's central bank lowered its key interest rate by a quarter percentage point to 7.5 percent Tuesday, the second rate cut in three months aimed at reviving stalled growth in Asia's third-largest economy.
India central bank cuts interest rate to 7.5%
India's central bank lowered its key interest rate by a quarter percentage point to 7.5 percent Tuesday, the second rate cut in three months aimed at reviving stalled growth in Asia's third-largest economy.
Friday, March 15, 2013
India's central bank chief has said “stubborn” inflation remains a major obstacle to growth in India, dimming expectations of an interest rate cut when policymakers meet next week.
Thursday, March 14, 2013
India's largest state-run bank has received 1.7 million applications for just 1,500 entry-level clerk jobs — and has promised to examine all of them, a report said on Tuesday.
Tuesday, March 12, 2013
Car sales in India's once-booming passenger market plunged nearly 26 percent last month on an annual basis, their worst performance in 12 years, industry figures showed Monday.
Wednesday, March 6, 2013
India rejects Bayer plea against cheap cancer drug
India's patent appeals office has rejected Bayer AG's plea to stop the production of a cheaper generic version of a patented cancer drug in a ruling that health groups say is an important precedent for getting inexpensive lifesaving medicines to the poor.
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