Global funds not exposed to China rout, but broader risks loom| Reuters
Jul 07, 2015 at 00:45 | Source:
LONDON A three-week, 30 percent slide in the world's second-biggest equity market has had only a glancing effect on emerging market portfolios still light on China's Shanghai stocks, but the economic fallout from the shakeout poses a bigger risk.Almo...
PM Narendra Modi leaves on 6-nation visit, to attend BRICS, SCO summits
Jul 06, 2015 at 15:31 | Source:
New Delhi: Prime Minister Narendra Modi on Mondayleft on an eight-day visit to five Central Asian countries as also Russia, aiming to enhance strategic, economic and energy ties besides attending Summits of BRICS and Shanghai Cooperation Organisation...
Modi-Sharif meet in Russia yet to be finalised: MEA
Jul 03, 2015 at 20:56 | Source:
New Delhi: Uncertainty prevailed over whether Prime Minister Narendra Modi and his Pakistani counterpart Nawaz Sharif will meet in Ufa in Russia on the sidelines of SCO Summit next week, with the External Affairs Ministry on Friday refusing to confir...
China takes first step to ratify BRICS Bank agreement - Xinhua| Reuters
Jun 25, 2015 at 01:15 | Source:
BEIJING China's parliament has taken its first step towards ratifying an agreement with the world's largest emerging nations to create a developmental bank, state news agency Xinhua said on Wednesday.The New Development Bank, also known as the BRICS ...
Why India needs to be wary of China's ambitious belt and road initiative
Jun 21, 2015 at 10:28 | Source:
After the first International Yoga Day fanfare subsides and Prime Minister Narendra Modi prepares himself for international diplomacy at the highest level next month in Russia where he is scheduled to attend BRICS summit, and possibly SCO (Shanghai C...
China A-shares will be gamechanger for emerging market benchmark| Reuters
Jun 17, 2015 at 02:45 | Source:
NEW YORK Including Chinese mainland stocks in MSCI Inc's emerging markets index will have a significant impact for global investors in funds tied to the index given the weighting and volatility of the shares, a Reuters graphical data analysis shows.T...
Narendra Modi to visit Israel, will be first Indian PM to do so
May 31, 2015 at 19:27 | Source:
New Delhi: Narendra Modi will be travelling to Israel, the first by an Indian Prime Minister to the Jewish country with which bilateral defence cooperation is on an upswing. No dates have been finalised for Modi's visit which will take place on mutua...
China, India likely to be biggest shareholders in AIIB| Reuters
May 23, 2015 at 00:45 | Source:
SINGAPORE China is likely to hold a 25-30 percent stake in the new Asian Infrastructure Investment Bank (AIIB) while India will be the second-biggest shareholder, delegates said on Friday after a three-day meeting of the bank's founding member-nation...
Microsoft retains top spot in software revenue in India
May 22, 2015 at 14:47 | Source:
India software revenue totaled $4 billion in 2014, an 8.3 percent increase from 2013 revenue of $3.7 billion, according to Gartner, Inc. The enterprise software marketplace is dynamic and ever-changing. Its growth and structure are being shaped by th...