India, along with Southeast Asian countries such as Indonesia, is expected to sustain growth in the medium-term in Asia region, replacing China as the key growth driver, Morgan Stanley and Nomura said in two separate reports released on Monday. While Morgan Stanley projected a 6.2 per cent gross domestic product (GDP) growth forecast for India in FY24, Nomura estimated the Indian economy to grow at 5.9 per cent in 2023. "Even with a slowing China, we expect GDP growth in Asia to sustainably outperform other emerging markets and the US. India and Southeast Asia are set to be the fastest-growing economies this decade.
The era where nations thrived through rigid alignments is giving way to an age where the connective State defines power. For India, that era has arrived, points out Dr Nishakant Ojha.
Police have arrested three persons from Mumbai, including a woman, for allegedly trafficking a man from Chhattisgarh's Durg district for 'cyber slavery' in Laos in southeast Asia and cheating him of Rs 2 lakh, an official said on Wednesday.
The 13-nation Milan exercise hosted by the Indian Navy has inched towards converting itself into a joint taskforce for Asia-Pacific region including Australia and New Zealand, with India having a leading role in combating maritime terror, poaching, gun and drug-running.
Dining today isn't just about food -- it's about the experience and the story.
Sedans and hatchbacks have both lost market share to SUVs, which now account for more than 50% share of the 4 million-odd-unit PV market in the country.
A few days after the government made the crucial policy announcement, Tony Fernandes, chief executive officer of Air Asia, the largest low-cost carrier in Southeast Asia, said he would visit India this month.
In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.
Trump's tariffs, falling shrimp prices, and fears of additional US levies, spark a crisis in Andhra Pradesh's politically vital aquaculture sector.
Analysts believe Tesla will first focus on building the Model Y brand before expanding -- both in terms of volume and models.
'India is a big market for StanC, and it is also fastest growing economy in the world.'
Unlike Malaysia where the airline did not have competition from other LCCs, its new market in India has quite a few thriving players, making it a late entrant.
Subhash Dandekar, chairman emeritus of Kokuyo Camlin and the man known for bringing colours to artists as well as students in the country, passed away on Monday at 85.
Semiconductor makers need thousands of engineers and technicians, and though India has one of the largest pool of engineers in the world, they do not have experience in the semiconductor manufacturing space.
We bring you a breakdown of the Duchess' wardrobe during her recent Diamond Jubilee Tour of the Far East.
India's office market was very active in 2024 with gross leasing of workspace witnessing a 19 per cent increase to a record 885.2 lakh square feet across eight major cities, according to Cushman & Wakefield. The gross leasing or absorption of office space stood at 745.6 lakh square feet in the preceding year, data from real estate consultant Cushman & Wakefield (C&W) showed.
United States President Joe Biden will travel to India from September 7 to 10 to attend the G-20 Leaders' Summit during which he will discuss with other leaders a range of global challenges, including the Ukraine conflict, the White House announced on Tuesday.
For Indian parents, sending a child abroad for a three-year degree could deplete 48% of their retirement savings, while a four-year degree may consume up to 64%.
The fundamental responsibility for preventing such crimes and for bringing the criminals to justice rests with the State, and it cannot abdicate that function.
Senior Pentagon official says South Asia is India's region and the US has no intention of muddling over there
'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.'
Rs 1,965-cr deal helps it rake in 3.5 times its investment within four years.
'The favourable rupee-dollar exchange rate, there are opportunities we can tap.'
India's GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China, S&P Global Ratings said on Tuesday. In a report titled 'China Slows India Grows', S&P said it expects Asia-Pacific's growth engine to shift from China to South and Southeast Asia. "We project China's GDP growth to slow to 4.6 per cent in 2024 (2023: 5.4 per cent), edge up to 4.8 per cent in 2025, and return to 4.6 per cent in 2026.
People in Mumbai and Gujarat on Wednesday woke up to a dusty morning, which has now been attributed to a giant dust plume that stretched across the Arabian Sea from the coast of Oman to India.
Increased investments in traditional manufacturing sector helped India surpass South Korea to become Asia's fourth largest FDI recipient in 2006, a UNCTAD report said.
'Our production capacity ramp-up initiatives are expected to meet the critical requirements of our armed forces.'
A senior Pentagon official has said that India is the "base of stability" in South Asia and "the United States does not want to get involved in any muddling in India's region."
Al-Qaeda chief Osama Bin Laden had planned to hijack American planes traveling across Southeast Asia and crash them into United States military facilities in the region in coordination with 9/11 attacks, according to a secret interrogation report of one of his bodyguards.
India's third biggest state-owned refiner Bharat Petroleum may invest in oil and gas blocks in South East Asia as it expands it production assets, especially in the view of soaring demand for fuel.
Little work, loads of flavour. That's why a sago pudding is the ideal dessert.
In a first of its kind, the Indian Council of Medical Research, ICMR, delivered COVID-19 vaccines via drone from the Bishnupur District Hospital to Karang island in Loktak lake in Manipur, a distance of 26 kilometres.
He also said that his country would continue to talk about the Kashmir issue "through channels that are acceptable" and prayed that "the issue is amicably resolved".
The Indian economy is projected to grow at 6.2 per cent in 2025-26, slower than earlier estimated rate of 6.5 per cent, due to escalated trade tensions and global uncertainty, the International Monetary Fund (IMF) said on Tuesday. "For India, the growth outlook is relatively more stable at 6.2 per cent in 2025, supported by private consumption, particularly in rural areas," IMF said in its World Economic Outlook (WEO).
'What signal would we be sending -- that we don't stand by our friends?'
They are allegedly the owners of the drugs and had commissioned the trip, police commissioner-general Marthinus Hukom, head of the Indonesian National Narcotic Agency, told reporters at a press conference in Batam.
'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'
The gunman, who was identified as a 34-year-old former policeman, shot himself after the attack.
