As the country's R&D grows, a Silicon Valley-like culture will help the nation produce the next big bang innovation
The Indian stock market today lost its trillion-dollar status, as a decline in the rupee and share valuations led to its size slipping below this mark to USD 994.97 billion.
The rising cost of imported coal, coupled with a weakening rupee, could force some Indian power projects to default on their debt obligations, ratings agency Fitch said on Tuesday.
India's piecemeal steps to defend the rupee can do little more than slow its decline for now, and some of the measures risk hurting the currency in the long term.
Ian Scott of Nomura tells CNBC-TV18 that India is underperforming partly due to growth slowdown. He however expects markets in EMs to recover soon and return 20%, including India.
In this series we have looked into the phenomenon of Asia rising and the role of sectors like industry, infrastructure and energy across the regions of the Gulf, India and Southeast Asia.
India was whitewashed 4-0 by England in August 2011 and lost the Number 1 Test ranking. With the retirement of senior players looming, it is imperative that India’s youngsters get primed for the future
Ashish Dhawan of Chrys Capital feels market is trading closer to its fair value at the moment, but cautions, the sour sentiment could lead to further downside.
Russia will significantly boost the supplies of Liquefied Natural Gas (LNG) to energy-hungry India from 2016, President Dmitry Medvedev has announced.
A sudden stop to growth in Brazil. Rising political risk in Russia. A slide in India's rupee to a record low. A marked slowdown in growth in China.
An Indian man with 39 wives, 94 children and 33 grandchildren, all living under one roof, holds the numero uno position in Ripley's Believe It or Not top 11 strangest stories for this year.
When everybody is scurrying for cover as the rupee plunges deeper and deeper everyday - today it breached the 54-a-dollar mark intra-day - ratings agency S&P says the fall in the currency's value is likely to support the profits of about 70% domestic companies rated by it.
Amar Singh, head business development and research for commodities & currencies of Aditya Birla Group says, gold has breached the major level of USD 1,600 per ounce. "USD 1,530 per ounce is going to be a crucial support in the short-term.”
High inflation, falling rupee and a slowing industry is proving to be a triple whammy for the Indian economy. And under this three pronged attack, where does growth head? Archana Shukla gets you Indian Inc's rather grim verdict.
The business of sports will generate an annual revenue nearing USD two billion in India by 2015, primarily boosted by the income from the TV media and sponsorships, as per a study.
The Indian rupee sank to a record low of 53.21 per dollar on Tuesday on worries Europe's debt crisis could exacerbate the growth slowdown in Asia's third-largest economy.
Increasing demand in the consumer durables and automobiles sectors is driving the growth of the Indian electronics market, which is expected to cross USD 400 billion by 2020, says a study.
US today said India shared its commitment to the "full implementation" of the Civil Nuclear Agreement as both countries discussed ways to iron out differences on the nuclear liability law.
The rupee closed on Monday at an all time low of 52.84 against the dollar as signs of a sharp slowdown in Asia's third-largest economy prompted investors to buy dollars, says CNBC-TV18's Latha Venkatesh.
World No.3 retailer Tesco Plc has put off its plans to set up wholesale stores in India for now, the Business Standard newspaper reported on Monday.
The value of financial assets worldwide is expected to touch USD 371 trillion by 2020, with emerging economies including India, accounting for about one third of the total amount, says global consultancy McKinsey.
India's economy grew at its weakest pace in more than two years in the second quarter of FY12. However, Dr Kaushik Basu, chief economic advisor to the Ministry of Finance says, India still stands out globally with 6.9% growth in Q2. “Many other countries are growing at 4.5%,” he adds.
Jan Loeys, Chief Investment Strategist of JPMorgan feels European Central Bank (ECB) can't become committed lender of last resort. Moreover, he indicated that the Friday evening’s EU summit is not the final word for Europe.
The first half of 2012 is likely to remain lacklustre for equities across the world, believes Mark Mobius of Templeton Emerging Markets Group.
Global woes coupled with domestic problems are making investors wary of the Indian market. Parul J. Saini, executive director at RBS Asia Securities says, investors continue to be cautious on India. “There is too much pessimism all around.”