Defaults could climb to double digits in 2009, barring a material improvement in market conditions in the second half of next year, according to an S&P report on Asia-Pacific markets.
'We're already seeing signs of superhuman capability.'
India and the US have collaborated through the past one month on launching a powerful satellite; are commencing joint production of GE Aerospace's F414 jet engines in India; India is participating in a massive three week-long military exercise in the Western Pacific, observes Ambassador M K Bhadrakumar.
Vijender Singh knocked out Tanzanian Francis Cheka inside 3 rounds to defended his WBO Asia Pacific Super Middleweight title on Saturday.
The Indian Institute of Management Ahmedabad has been ranked second in the list of top business schools from which Asia-Pacific employers most prefer to recruit executives.
'The scale and depth of talent here plays a central role in core software product engineering for some of the biggest brands in tech.'
United States Deputy Secretary of States William J Burns addressed a lecture on 'US-India partnership in an Asia-Pacific century' at the University of Pune on Friday. We present edited excerpts from his speech.
India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.
Singapore's state investor Temasek Holdings, which recently picked up 10 per cent stake in Haldiram, has been consistently expanding its footprint in India while slowly withdrawing from China over the last three years amid growing geopolitical risks and economic headwinds. India has become Temasek's third-largest market, after Singapore (27 per cent) and China (18 per cent), with its exposure to the country higher than the rest of Asia Pacific excluding the three (11 per cent), according to Temasek's annual review.
Singapore-based SkyQuestCom received the Deloitte Fast Tech 500 award for being the seventh fastest growing company in the Asia Pacific region. \n
India has become the second biggest borrower in Asia Pacific by borrowing over $3.7 billion for project financing since the beginning of 2006, taking a big jump from its 10th position last year.
Maruti Udyog Limited continued to lead the Indian automotive market in customer satisfaction and dealer service bagging the J D Power Asia Pacific 2002 award for the category for the third consecutive year, while two Hyundai models bagged the awards.
The company's Indian subsidiary General Motors India has already announced a total of $500 million investments in the country to set up new car and power-train manufacturing facilities and it will be hiring 500 people in the second-half of next year. The company, which employs a total of 1,600 people in its engineering and research and development centre at Bangalore, will be enhancing the manpower strength there.
Significantly, IIM-B at sixth place has improved on its ranking from the ninth place it received in the previous 2007-08 report. The survey also states that the average GMAT score of students enrolled in the Post-Graduate Programme in Management at IIM-B is 780, which is the highest in the entire region.
Indian javelin throw superstar Neeraj Chopra on Tuesday clinched the title at the Golden Spike meet in his maiden appearance in Ostrava, Czech Republic, his back-to-back win in a top-class competition.
Global energy giant Shell has acquired Mumbai-based Raj Petro Specialities to deepen its foothold in the world's third biggest lubricants market in the world, a top company official said. Shell, which has already invested over $5 billion in India across the energy value chain -- from LNG import terminals and fuel stations to renewable energy and technology centres -- has acquired 100 per cent equity interest in Raj Petro Specialities Pvt Ltd from Germany's Brenntag Group.
The total volume for investment grade loans, defined as those with high credit quality and low risk profile, has reached $128.3 billion since the beginning of this year -- the highest ever YTD volume -- with SBI Capital Markets emerging as ninth largest book-runner for such deals. With nine deals worth a total value of about $4.1 billion, SBI Cap is the only Indian entity in the top ten bookrunners for such loans in Asia-Pacific, excluding Japan, the data shows.
No one should make China an issue in their bilateral relations and their cooperation should not harm the interests of another country, the Chinese Foreign Ministry said on Friday reacting to queries on the meeting between Prime Minister Narendra Modi and United States President Trump.
There were a few fissures but no major cracks apparent in FIFA president Sepp Blatter's bedrock of Asia-Pacific support as officials began returning to the region from the annual congress of soccer's world governing body over the weekend.
Nominating Das, the Banker magazine, which announced the award, said India's banks have faced a series of challenges, from non-performing loans to issues around fraud. Faced with these challenges, Shaktikanta Das has taken steps to bring banking in India up to standard via a restrained approach to governance.
'Reels may be short, but their impact on eye health can last a lifetime.'
'The logic every one of our neighbours must realise is that working with India will give you benefits, and not working with India has a cost.'
The US Navy aims at stationing 60 per cent of its surface ships in Indo-Asia Pacific region by 2019, catering to various missions including counter-terrorism, a senior naval official said on Monday.
Google says its AI models are being used across sectors in India, from improving maternal health programmes and streamlining patient-care to supporting agri-tech solutions and advancing the country's sovereign AI efforts.
IT, telecom market in Asia-Pacific region to grow 11% in 2003: IDC
Tata Consultancy Services (TCS), HCL Technologies and HDFC Bank are among the 50 best public companies in Asia-Pacific according to a compilation by Forbes, which ranked India second behind China as home to the "world's next growth engines".
India is one of the top three markets for telecom company Motorola in the Asia Pacific region, a senior official said in New Delhi.
Tharoor, who is leading the all-party delegation to the Americas during his Bogota visit, had expressed dismay over the South American country's stance during a press conference on Thursday.
The 'Maratha Military Landscapes', representing the Maratha rulers' fortification and military system, has been inscribed on the UNESCO World Heritage List, marking India's 44th property to receive this recognition.
At 250 million unique visitors a month, MX Player has for long been in the same bracket as YouTube (454 million) and Meta (324 million) in reach.
About 55 banks participated in the deal, making it the largest bank group for a syndicated loan in Asia so far this year.
Vijender also snatched the WBO Oriental Super Middleweight title from the Chinese, who is nine years younger to him.
Under the direction of the ministry of external affairs, the Humanitarian Assistance and Disaster Relief (HADR) efforts are being progressed in conjunction with Headquarters Integrated Defence Staff, the Indian Army, the Indian Air Force and the National Disaster Response Force, the defence ministry stated.
India will argue for Pakistan's return to the Financial Action Task Force (FATF) grey list due to its alleged failure to combat money laundering and terror financing. The move comes after recent tensions between the two countries following a terror attack in Pahalgam, India. India believes Pakistan has not adequately addressed the issue of terrorism emanating from its territory and has diverted funds from multilateral agencies towards arms purchases.
Personal Computer (PC) shipments in Asia Pacific region declined by 2.6 per cent to 30.3 million units in the second quarter of 2012 compared to the same period in the previous calendar year, Gartner said on Friday.
Naveen Pulligilla and Musa Sherif are set to create history as the first Indian pairing to compete in the World Rally Championships.
Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety standards, said the ecommerce company on Thursday.
Filling of Rs 100 and Rs 200 notes result in faster depletion and more frequent cash replenishment. This will cost banks and managed service providers more.
Embraer sees a lot of opportunities in India in the commercial and business jets as well as military aircraft and eVTOL segments, its CEO Francisco Gomes Neto has said as the Brazilian seeks to strengthen its foot print in the fast growing Indian market. Besides, the company is in talks with IndiGo and Air India to explore the possibility of selling its E-2 aircraft, which can have up to 146 seats.
The FATF statement comes in the backdrop of Indian authorities highlighting Pakistan's persistent support for terrorism and its funnelling of multilateral funds for arms procurement.
