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Nov 21, 2009
 
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  India losing English advantage to China (20 November 01:37)
India is rapidly losing one of its clear economic advantages over China, with the number of Chinese able to speak English on par with its neighbour and rival, says a new study published by t...
  Indias billionaires outstrip US counterparts (19 November 03:39)
India's billionaires secure more wealth than their US counterparts in 2009 according to Forbes rich list, in a further sign the subcontinent is recovering faster than western economies
  Three arrested in Vedanta plant deaths probe (18 November 12:22)
Indian police arrest an executive and two other officials from the Indian subsidiary of Vedanta for alleged negligence in connection with the collapse of a power plant chimney that killed 41...
  Michelin to invest $870m in India (17 November 09:12)
The world's largest tyre company will set up in Chennai its first Indian manufacturing facility that is expected to generate at least 1,500 jobs
  India bans pay as you go in restive Kashmir (16 November 10:11)
Mobile phone users in India's Kashmir region are upset over a government decision to ban pre-paid mobile phone services in order to avoid "misuse" of the phones by terrorists
  Broker Newedge opens first India office (16 November 03:01)
The world's largest futures broker said it had started offering broking services in India to foreign institutional investors with the opening of a securities company based in Mumbai
  Carmaker JLR secures loan of £170m (16 November 06:12)
The working capital facility is an important step for the lossmaking company as it seeks to shore up a financial position weakened by the credit crisis and falling sales
  Lack of 3G in India an issue (15 November 10:50)
Delays in bringing third generation (3G) mobile telephone technology to India threatens to stunt one of the fastest growing markets in the world, says the chief executive of Alcatel-Lucent
  Australian PM calls for partnership with India (13 November 04:20)
Kevin Rudd said he wanted to build a 'comprehensive, enduring strategic partnership'. The two countries have had a roller-coaster relationship over the past decade, with deep differences...
  India probes accounts linked to London UBS case (12 November 04:44)
The fine imposed on the Swiss bank by Britain's financial watchdog is part of an unfolding investigation into the past management of Indian private banking accounts
  Wipro begins to outsource Indian workload (12 November 01:57)
India's Wipro Technologies has begun 'reverse offshoring' by sending work from its Indian clients to Egypt, in a sign of the growing multinational nature of the country's outsourcing busines...
  India alive to security challenges (11 November 04:56)
New Delhi has sought to reassure international business leaders that the country's security challenges would not affect its growth, ahead of the first anniversary of the terror attacks in Mu...
  Pakistan in Chinese fighter jet deal (10 November 11:59)
China is to sell at least 36 advanced J-10 fighter jets to Pakistan in a landmark defence deal that could be worth as much as $1.4bn and highlights Beijing's increasing strategic clout in As...
  Renault to trump Tatas Nano on cost (10 November 03:43)
Carlos Ghosn, Renault and Nissan chief executive, pledged that a low-cost car the group is planning to make with an Indian partner would be more economical to produce than the Tata Nano, the...
  India to support domestic demand (10 November 02:40)
India says it will maintain its policies to stimulate growth at home until a stronger global recovery offers a boost to its languishing export sector
  India education faces overhaul (10 November 12:23)
Radical shake-up of higher education under way that aims to unshackle universities from decades-old constraints imposed by centralised government bureaucracy
  Reliance looks to buy LyondellBasell assets (10 November 06:14)
The bankrupt international petrochemical group has assets that could be worth as much as $6bn and would mark the first large-scale overseas foray by Mukesh Ambani
  ICICI Bank chief sees better times ahead (09 November 11:54)
India's largest private sector financial institution expects its balance sheet to grow this quarter after 12 months of contractions in a sign that the bank is turning the corner following th...
  Cash-strapped Suzlon to hold debt talks (09 November 05:45)
Suzlon Energy is taking steps to build up its cash position and is weighing up whether to divest more assets to repair its balance sheet as it weathers the global financial crisis
  Reliance Industries eyes LyondellBasell (09 November 04:49)
Reliance Industries, the Indian group controlled by Mukesh Ambani, is considering an acquisition of the assets of the bankrupt petrochemical group LyondellBasell
  GE scraps ambitious India target (09 November 03:54)
General Electric India is resetting its targets from the ambitious $8bn in revenue a year goal by 2010 it forecast three years ago, as it juggles businesses affected by the global slowdown
  Peace premium boosts Colombo exchange (09 November 06:38)
The Colombo Stock Exchange plans to hire a consultant to help it demutualise as it moves to capitalise on improved sentiment following the end of the country's military conflict
  World Bank arm boosts India exposure (09 November 05:05)
India has overtaken Russia to become the biggest single investment portfolio of the World Bank's private sector arm, the International Finance Corporation
  JPMorgan looks to Asian potential (09 November 05:04)
The group's India branch is increasingly targeting regional business, particularly involving China, in a reflection of the rapid growth of trade between the world's fastest-growing large eme...
  UK in Afghanistan for four or five years (09 November 01:56)
British forces will not be able to hand over security in Afghanistan to the country's army for 'another four or five years', the head of the UK's armed forces, Sir Jock Stirrup, said
  Nato blamed for Afghan air strike deaths (09 November 12:19)
The US military is investigating reports that seven members of Afghanistan's security forces were killed in an air strike launched during an operation to search for two missing American sold...
  Dalai Lama defends border visit (08 November 09:15)
The Tibetan Buddhist spiritual leader, the Dalai Lama, denied any political motive in visiting a sacred town on India's border with Tibet, as he began a five-day pilgrimage that has generate...
  Dalai Lama defends his border visit (08 November 09:15)
The Tibetan Buddhist spiritual leader, the Dalai Lama, denied any political motive in visiting a sacred town on India's border with Tibet, as he began a five-day pilgrimage that has generate...
  Indias tycoons urged to adopt austerity (08 November 09:05)
India's business tycoons have been urged not to live too ostentatiously so as to avoid antagonising a public unhappy about sharply rising income inequality and unable to distinguish between ...
  Singh commits India to financial reform (08 November 01:20)
Manmohan Singh, India's prime minister, committed his coalition government to fulfilling a deep financial reform programme in Asia's third largest economy
  Farmers criticise Indias price fixing scheme (08 November 12:37)
India's government is "suppressing" hundreds of millions of impoverished farmers by fixing unrealistically low prices for crops to ensure cheap food in the cities, a farmers' advocate said a...
  India warns on trade approach to climate (06 November 06:42)
Nitin Desai, a member of Manmohan Singh's council on climate change, says a hard-nosed concession-based negotiation to reach a consensus on how to combat global warming would likely founder
  EU to press India over free trade deal (06 November 05:20)
EU officials said they would push hard for a bilateral free trade agreement with India at the one-day summit in New Delhi but Indian ministers were more cautious
  EU and India to establish free trade by 2010 (06 November 05:20)
EU officials said they would push hard for a bilateral free trade agreement with India at the one-day summit in New Delhi but Indian ministers were more cautious
  Sri Lanka follows Indian move to buy gold (05 November 09:34)
The Sri Lankan central bank is buying gold to diversify its reserves and smooth out periods of dollar volatility
  India buy adds to bullion surge (05 November 12:27)
Gold prices extended their record breaking run, pushing towards the $1,100 an ounce level, following the purchase by India of 200 tonnes of bullion from the IMF
  India flexes its foreign reserve muscles (04 November 12:56)
India's purchase of 200 tonnes of gold from the International Monetary Fund displayed the economic strength of the world's two fastest growing large economies, New Delhi said
  India gold purchase adds to dollar concerns (03 November 05:38)
India has almost doubled its gold reserves buying $6.7bn worth of the metal from the International Monetary Fund in a move that reflects long term concerns about the health of the US dol...
  IMF sells 200 tonnes of gold to India central bank (03 November 06:43)
The International Monetary Fund has sold 200 metric tones of gold to India's central bank, making $6.7bn which it will use to shore up its long-term finances and subsidise loans to poor coun...
  Karzai elected as Afghan poll called off (03 November 04:47)
Afghanistan's president has been declared the winner of the country's presidential elections following the decision of his main rival to withdraw from a planned run-off
  Capgemini in India milestone (02 November 01:14)
Capgemini will soon have more staff in India than it does in its home market of France – in an indication of the growing power of the subcontinent in the global outsourcing industry
  Indian stocks remain under pressure (30 October 09:55)
Indian stocks came under severe selling pressure this week as corporate earnings disappointed and the Reserve Bank of India told the market to expect interest rates to rise soon
  India warned on potential threat from China (30 October 09:26)
Chinese claims to the north-eastern India state of Arunachal Pradesh could add a new territorial threat to the one India already faces from Pakistan, said New Delhi's former national securit...
  Ban to seek extra UN security in Afghanistan (30 October 06:03)
Ban Ki-moon, United Nations Secretary-General, has called an emergency meeting of senior department heads to discuss overall security for the UN in Afghanistan just two days after five of it...
  StanChart eyes small listings (30 October 03:23)
The Asia-focused bank is keenly pursuing stock market listings in Mumbai and Shanghai as it seeks to strengthen and reinforce the profile and positioning of its brand in key local markets
  Afghanistan widens poll operation for run-off (30 October 12:14)
Officials with the Afghan Independent Election Commission told reporters they were confident that Afghan security forces could protect the larger number of centres – 6,300 – it intends t...
  Sri Lanka gets time on garment export threat (29 October 11:08)
A suspension would mark the first time the EU has taken such action against one of the 16 poor countries using GSP Plus, leading to heated debate about the merits of linking trade with human...
  Clinton says al-Qaeda sheltered in Pakistan (29 October 10:48)
The visiting US secretary of state says she found it 'hard to believe'members of the Islamabad government did not know the hiding places of al-Qaeda leaders
  India keen to restart talks with Pakistan (29 October 10:00)
Manmohan Singh, India's prime minister, in a visit to Srinagar urged Pakistan to move forward a dialogue towards a "permanent peace" between the two countries, who have fought three wars sin...
  IMF more than doubles 2009 Asia forecast (29 October 04:09)
The region's economies will expand by 2.8 per cent this year and 5.8 per cent in 2010, the International Monetary Fund said as it updated its May predictions of 1.2 per cent and 4.3 per cent...
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