Nov. 10 (Bloomberg) -- India will take “corrective” steps and pull back fiscal stimulus once economic recovery takes hold, Finance Minister Pranab Mukherjee said, stressing the need to cut the budget deficit.
Nov. 10 (Bloomberg) -- Indian policy makers are facing a challenge in timing the withdrawal of monetary stimulus from Asia’s third-largest economy, Reserve Bank of India Deputy Governor Shyamala Gopinath said.
Nov. 10 (Bloomberg) -- Sugar mills in India’s biggest cane- growing state may begin crushing this week after the Agriculture Minister asked them to pay farmers a “proper price,” seeking to end a tariff dispute that threatened to delay supplies.
Nov. 10 (Bloomberg) -- India’s stocks fell, reversing earlier gains, after Finance Minister Pranab Mukherjee raised concern about domestic demand when he said fiscal stimulus measures will be withdrawn.
Landslide triggered by heavy rains kills 39 in southern India.
Nov. 10 (Bloomberg) -- NMDC Ltd. , India’s largest iron-ore producer, climbed the most in six months in Mumbai trading after the steel ministry said it will initiate next month a plan to sell a stake in the company.
Nov. 10 (Bloomberg) -- India’s stocks fell, reversing earlier gains, as investors judged the 7.1 percent advance in the past four days as excessive. Hindalco Industries Ltd., the biggest aluminum producer, fell 1.5 percent after the price of the metal slid on the London Metal Exchange.
Nov. 10 (Bloomberg) -- India’s stocks rose for the fifth day, led by Reliance Industries Ltd. after the refiner found oil and reports of a meeting between Chairman Mukesh Ambani and his brother signaled a resolution to their dispute.
Nov. 10 (Bloomberg) -- India’s sovereign rating won’t be raised unless the government works toward reducing its budget deficit and debt, according to Moody’s Investors Service.
Nov. 10 (Bloomberg) -- India faces a short-term challenge in exiting monetary stimulus programs, Reserve Bank of India Deputy Governor Shyamala Gopinath said today in Mumbai.
Nov. 10 (Bloomberg) -- India’s rupee traded near a three- week high on speculation economic growth prospects will prompt overseas investors to buy more local equities.
I needed an escape, a vacation that would shake me out of my routine, and leave me with more than souvenirs and digital photos. So when the yoga center in New York where I'm learning to meditate organized a two-week yoga trip to India, I decided to go.
NEW DELHI -(Dow Jones)- Yum Restaurants International, a division of U.S.- based fast-food restaurant operator Yum Brands Inc. (YUM), plans to invest $150 million in India to expand the number of its outlets here, the managing director of its local business said Tuesday.
Nov. 10 (Bloomberg) -- India’s soverign rating won’t be raised without improvement in government finance, Tom Byrne, Moody’s Investors Service senior vice president, said in Shanghai today.
What's Your Reaction? The Dalai Lama has visited a quiet frontier town in northeast India called Tawang, despite Chinese opposition. But Tawang - with its proximity to Tibet - has immense strategic value.