Global financial crisis impacted India significantly: RBI
NEW DELHI, March 22 (Asia Pulse) - The Reserve Bank of India said the global financial crisis has impacted India significantly despite its sound banking system …
South Asia
Indian service tax exemption to leave advertisers with surplus funds
NEW DELHI, March 21 (Asia Pulse) - Service tax exemption on advertising on media platforms, excluding TV and radio, could result in availability of up to Rs …
Indian market will buy over 1,000 new aircraft by 2030: Airbus
HYDERABAD, March 19 (Asia Pulse) - India will require 1,043 new passenger and cargo aircraft valued at US5 billion between now and 2030, according to a market …
India’s flip-flop on cotton exports hurting textile industry: Fitch
NEW DELHI, (Asia Pulse) - Rating agency Fitch said that India's partial lifting of a ban on cotton exports has led to uncertainty over prices and time of …
Iranian traders default on US37mn payment to India
NEW DELHI, March 15 (AsiaPulse) - Two Dubai-based Iranian private traders have defaulted on payment of Rs 184 crore (US$36.8 million) to nine Indian rice …
India plans 2G spectrum auction
NEW DELHI, March 14 (AsiaPulse) - India's Department of Telecommunications plans to start auction of 2G spectrum by December 20 and allocate spectrum to …
Two Indian firms unite to make small tractor
NEW DELHI, March 8 (AsiaPulse) - Chennai-based Tractors and Farm Equipment Ltd (TAFE) has entered into an alliance with Captain Tractors Pvt Ltd (CTPL) to …
Volkswagen India sales down 8-pct in Feb
NEW DELHI, March 5 (AsiaPulse) - Car-maker Volkswagen on Thursday posted a 7.74 per cent decline in its sales in India at 6,529 units for February. The company …
Adani group to invest $6b in overseas expansion
MUMBAI, (Asia Pulse) - India's diversified Adani Group said it will invest US$6 billion in overseas expansion by 2015, mainly in Australian mining and related …
India asks state banks not to overstate profit
NEW DELHI (Asia Pulse) - The Indian Finance Ministry has written to all public sector banks asking them to ensure profits are not overstated and to make …
Indian govt stops issuing food inflation data
NEW DELHI, Feb 10 (Asia Pulse) - The Indian government has discontinued a practice of releasing food inflation data every Thursday. "Consequent upon the …
Maldives president resigns
Feb 07, 2012 (LBO) - Maldivian President Mohamed Nasheed has resigned, news reports said. online pharmacy buy spiriva inhaler with best prices today in the USA …
Carlyle group cuts stake in India’s HDFC to 3.9-pct
MUMBAI, Feb 2 (AsiaPulse) - US-based private-equity firm Carlyle Group on Wednesday reduced its stake to about 4 per cent in leading Indian mortgage company …
Kerala tourism promotion in Australia, Middle East
MUMBAI, Feb 1 (Asia Pulse) - Buoyed by an over 11 per cent increase in foreign tourist arrivals in 2011, which was a bad year for the global tourism industry …
US fast food co Quiznos plans to open 150 outlets in India
NEW DELHI, Jan 30 (Asia Pulse) - American quick service restaurant brand QUIZNOS is expanding in India with plans to set up around 150 outlets in the northern …
We are creating jobs in US, Europe: India industry to Obama
DAVOS, (Asia Pulse) - With HCL Technologies announcing 10,000 jobs for locals in the US and Europe, India Inc on Thursday chose the WEF meet to send a strong …
India, Pakistan closer to oil deal import from Turkmenistan
NEW DELHI, Jan 27 (Asia Pulse) - India and Pakistan are closer to agreeing on a transit fee and a joint strategy to develop gas fields and import the …
Sri Lanka investments sought by Maldives
Jan 25, 2012 (LBO) - The Maldives is seeking more investments from Sri Lanka and plans to set up an investment agency similar to Sri Lanka's Board of …
Hitachi Tata J/V makes large trucks in India
TOKYO, Jan 25 (AsiaPulse) - Hitachi Construction Machinery Co. (TSE:6305) has begun Indian production of huge dump trucks used in large-scale mine development …
Indian regulator fines 17 entities for securities fraud
MUMBAI, Jan 23 (AsiaPulse) - Indian regulator Sebi has imposed penalty totalling Rs 24 lakh (US$47,788) on 17 entities on charges ranging from non-disclosure …