Friday, December 28, 2012
India's Prime Minister Manmohan Singh played down hopes Thursday for the once-booming economy's performance, saying achieving annual eight percent growth to 2017 would be an “ambitious” achievement.
Wednesday, December 19, 2012
India's central bank kept its benchmark interest rate on hold Tuesday due to inflation worries, but signaled it may cut borrowing costs soon as it shifts focus to boosting a slowing economy.
Thursday, December 13, 2012
India's industrial output grew by 8.2 percent on-year in October, the fastest in 16 months, official data showed on Wednesday in the first strong sign the worst may be over for the economy.
Wednesday, December 12, 2012
The Indian government on Tuesday promised an inquiry into the spending of millions of dollars by U.S. supermarket chain Wal-Mart on lobbying in Washington to ease access to India's retail sector.
Tuesday, December 11, 2012
India's car sales slid more than 8 percent in November from a year earlier, industry data showed on Monday, underscoring the overall slowdown gripping this hugely important Asian economy.
Saturday, December 8, 2012
The outgoing head of the Tata business empire warned Friday that a lack of government support was preventing Indian industry from competing with China and lashed out at a “venal” business environment.
Wednesday, December 5, 2012
Investment bank Morgan Stanley and global rating agency Fitch yesterday predicted moderate improvement in India's GDP growth in the second half of the current financial year after taking into consideration the latest numbers released last week for the quarter ended Sept. 30.
Thursday, November 29, 2012
Indian business icon Ratan Tata has urged stronger trade ties with Australia, particularly in technology, saying there are major growth opportunities for both countries.
Wednesday, November 28, 2012
Global credit ratings agency Moody's said on Tuesday the outlook for India's investment grade credit rating was stable, partly thanks to high investment, sparking a jump in share prices.
Monday, November 26, 2012
Aston Martin stands at the center of an international takeover battle after Indian motors group Mahindra trumped an Italian bid for half of the British luxury carmaker.