RBI had rescheduled the starting date for its implementation.
"China creeps towards hegemony in Asia, threatens India's borders, and treats other countries as junior partners, Indian-American Congressman Ro Khanna said.
Asian executives are taking home fatter pay-cheques than their peers in Europe and by 2013, they will go past the earnings of American top brass as well, says global staffing consultancy Mercer.
Bharti Airtel on Thursday said it has acquired 49 per cent stake in Qualcomm's broadband wireless access (BWA) business in India for USD 165 million (about Rs 922 crore).
IndusInd Bank was the top laggard in the Sensex pack, shedding around 3 per cent, followed by ICICI Bank, Titan, Infosys, HDFC Bank, Nestle India, Sun Pharma and Reliance Industries. The broader NSE Nifty slipped 41.20 points or 0.35 per cent to 11,896.45.
For India to reach its ambiguous economic growth targets, it needs to be integrated into global trade pacts.
Applications for the 2009 Endeavour Awards are now open to foreign students hoping to study in Australia.
The credit goes to a wholly-owned subsidiary of Tata Sons - the Computational Research Laboratories (CRL). The main people behind the super achievement are N Seetha Rama Krishna (Project Manager), Sunil Sherlekar (Head, Embedded Innovation) and Ashwin Nanda (who heads CRL) besides, of course, Ratan Tata himself and CRL Chairman S Ramadorai, who is also the CEO & MD of Tata Consultancy Services (TCS).
Even as Barack Obama administration officials believe that the India-US relationship has now "emerged at the world stage" and is no longer a "restricted to narrow" South Asia or subcontinental set of issues, they also concede that America's security partnership with Pakistan over the years still poses challenge to India-US relationship.
According to analysts, the first two quarters are usually dull for the company historically, hence growth will be higher in the subsequent two quarters. If Wipro Infotech achieves the $1 billion mark, it would make Wipro the first Indian company to touch the figure through its largely domestic market-focussed arm. It derives about 90 per cent of its revenue from India.
India has overtaken the United States (US) to become the second-most sought-after manufacturing destination globally, driven mainly by cost competitiveness, according to real estate consultant Cushman & Wakefield. China remains at number one position, the consultant said in its 2021 Global Manufacturing Risk Index, which assessed the most advantageous locations for global manufacturing among 47 countries in Europe, the Americas and Asia-Pacific (APAC). "India takes the second spot after China as the most sought-after manufacturing destination globally," Cushman and Wakefield said in a statement. The US is at third position, followed by Canada, Czech Republic, Indonesia, Lithuania, Thailand, Malaysia and Poland. In last year's report, the US was at second position while India ranked third.
Dealmakers and advisors feel investors are shifting their focus to Asia Pacific, especially India, owing to geopolitical instability driven by events such as Brexit and protectionist trade wars.
Guan Tianlang is poised to become the youngest golfer to play at the US Masters after the Chinese 14-year-old won the Asia-Pacific Amateur Championship in Thailand on Sunday.
Spread across India, China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore and Thailand, AXA's Life Outlook Index showed that the most optimistic people after Indians were Filipinos who polled 85 per cent.
At a panel discussion at the Centre for Asia Pacific Aviation's summit in Mumbai on Tuesday, Gopinath also said that airlines should price fares so as to maximise loads.
Bajaj Auto, BHEL, Infosys, ITC and RIL are among the 12 listed Indian companies which have figured in the latest list of 'Fabulous 50' of prestigious international magazine Forbes Asia.
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According to global deal tracking firm Dealogic, the deal value in the January to June period this year was the lowest first six months deal value recorded since 2009, when $1.09 trillion worth of transactions were announced.
Sanam Singh qualified for the men's singles main draw of the Asia-Pacific Australian Open wild card play-off tournament after edging past Yuqing Ning in a tough three-setter and entered the doubles quarter-finals with compatriot N Sriram Balaji Nanjing on Wednesday.
The five-day meeting, whose pre-plenary sessions began today, will provide a platform for high-level discussion and co-operation and would evaluate the progress by APG members in implementing the international standards to combat money laundering and the financing of terrorism, a statement said.
Australia's beverage company Foster's Group Ltd has sold its brewing interests in India and Vietnam for $225 million, marking its exit from beer-making in Asia.
One in four people surveyed by Knight Frank said they were more likely to move in the next 12 months as a result of the Covid-19 pandemic.
Biden said, "One of the reasons why President Obama called our relations with India, quote, "a defining partnership of the century ahead" is that India is increasingly looking east as a force for security and growth in Southeast Asia and beyond."
Global business leaders are hoping for relaxed immigration regulations to help bring in more skilled foreign workers, who want to capitalise on the opportunities provided by a rebounding economy, says a survey.
Reports claim that the country's defence spending is set to double by 2015
Indian officials will focus on expanding the country's footprint in oil-rich Siberia when they meet their Russian counterparts at the four-day 7th Eastern Economic Forum beginning Monday in Vladivostok. The two sides will discuss the possibility of joint oil exploration in the area and cooperation in running offshore oil and gas fields Western companies are in the process of exiting, officials said in New Delhi. Pavan Kapoor, India's ambassador to Russia, will lead the official-level talks at the summit scheduled September 5-8.
A joint declaration adopted at the end of the summit talks between Prime Minister Manmohan Singh and Russian President Dmitry Medvedev said Russia supported India's full membership in the Shanghai Cooperation Organisation.
China and India dominate the Forbes 2012 list of 50 best publicly traded companies in Asia-Pacific.
Analysts are bullish on consumption and investment themes.
Computer maker Dell has reported 18 per cent drop in net profit to USD 732 million in the May-July quarter of this fiscal, which saw 30 per cent dip in India revenues -- sharpest fall in the Asia Pacific region.
US-based coffee giant Starbucks on Thursday said it is moving forward with the memorandum of understanding (MoU) signed with Tata Coffee and hopes to make an announcement soon even as the government has notified 100 per cent FDI in single brand retail.
Asian consumers look at brands from the West is different from the way the West looks at its own brands.
India suffered a $3 billion loss to its economy from severe rainfall and flooding in November and early December.
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