India will surpass the US to lead the global tally of the largest Facebook user base on mobile by 2017, it had forecast.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
RBI had rescheduled the starting date for its implementation.
Worst affected were the countries of euro zone, which saw a loss of $10.9 trn
David Moyes left for Tokyo on the third leg of Manchester United's pre-season tour of the Asia-Pacific on Sunday with his first win under his belt and the enormity of the job on his hands confirmed.
ICICI Bank CEO and MD Chanda Kochchar, Biocon founder Kiran Mazumdar-Shaw and film producer Ekta Kapoor are among the nine Indian women named in Forbes magazine's inaugural 'Asia Power Businesswomen list'.
The existing wealthy are poised to gain even greater wealth.
Leaders of Sri Lanka's main Tamil party TNA on Friday told officials from the United Nations human rights body that the Tamils displaced in the LTTE war were facing problems with resettlement and discrimination at the hands of authorities
Manchester United has doubled its global fanbase to 659 million over five years to reinforce its standing as the world's most popular soccer club, according to a survey.
A WhatsApp spokesperson said the update 'does not impact the privacy of personal messages for anyone'.
"The military relationship at the strategic level has been sustaining itself. Advancing military relationship in other ways at the operational and tactical levels -- getting our two militaries more acquainted with one another through operations or through counterpart visits -- has not advanced," Pacific Command Commander, Admiral Robert Willard, said.
The Chinese government is imposing severe restrictions on their tech companies - whether it is on data security, marketing practices or floating an IPO. Should this be music to the ears of Indian start-ups and home-grown private equity (PE) funds? Ask Indian start-ups and the answer is a resounding "yes".
India has the third highest number of billionaires in the world after the US and China, according to a new list by the prestigious Forbes magazine, which said Reliance Industries chairman Mukesh Ambani reclaimed his spot as Asia's richest person, dethroning Chinese business tycoon Jack Ma who was the richest person in the region a year ago.
Chambers said Internet will facilitate 3-5 times the economic impact at a much faster pace
Citing the impact of the second wave of the pandemic over the economy and consumer sentiment, Swiss brokerage Credit Suisse has lowered its nominal GDP growth forecast by 150-300 bps to 13-14 per cent, but expects a stronger recovery in the second half as it sees the lockdowns having limited impact on tax collections. Last month, Neelkanth Mishra, the co-head of equity strategy for Credit Suisse Asia Pacific, and India equity strategist, had told PTI that he expected the real GDP to fall to 8.5-9 per cent in FY22 due to the more severe pandemic attack. The virus case load has crossed the 25-million mark, death toll from the same is nearing 2.9 lakh mark, which is one of the highest in the world as the test positivity rate has been around 15 per cent for long.
The qualification for the 2022 edition of the age-group tournament had been delayed by a year due to COVID-19 pandemic. The remaining five spots will be determined by regional qualification.
The company is holding a series of meetings with investors, analysts and clients in Singapore.
While analysts remains overweight on financials, property, discretionary, industrials and materials, they maintain a neutral stance on pharma, telecom and energy; and underweight on staples, utilities, and IT services.
India suffered a $3 billion loss to its economy from severe rainfall and flooding in November and early December.
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.
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.
Belgium-based financial transaction SMS provider SWIFT is working on a partnership with eight leading Indian banks to form a joint company by 2012-end to expand its footprint in banking and financial sector of India, a company official said on Wednesday.
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.
Vijender Singh believes his bout against Australia's Kerry Hope -- for the WBO Asia Pacific super middleweight crown -- will go a long way in determining the future of pro boxing in the country.
"The FATF plenary decided continuation of Pakistan in 'Grey List' till its next meeting to be held in October," an official privy to the development told PTI.
The potential KPO delivery locations, including China, the Philippines and Sri Lanka, are unlikely to challenge India's dominant position in the market, but they have enabled many vendors to pursue a multi-shore strategy, it said.
Noting India's strategic importance in American efforts to limit the Chinese influence, a former top diplomat on Friday said the United States should include New Delhi in its East Asia policy.
Sebi on Monday imposed a penalty totalling Rs 15 crore on senior officials of Franklin Templeton AMC and its trustee for violating regulatory norms in the case of winding up of six debt schemes in 2020. However, a spokesperson of Franklin Templeton said they disagree with the findings in Sebi's order and intend to file an appeal with the Securities Appellate Tribunal (SAT). A fine of Rs 3 crore has been levied on Franklin Templeton Trustee Services Pvt Ltd and Rs 2 crore each on Franklin Asset Management (India) Pvt Ltd President Sanjay Sapre and its chief investment officer Santosh Kamat, according to the Sebi order. In addition, the regulator imposed a penalty of Rs 1.5 crore each on fund managers -- Kunal Agarwal, Pallab Roy, Sachin Padwal Desai and Umesh Sharma -- as well as former fund manager Sumit Gupta.
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).
The five-day exercise will see the participation of Seychelles and Mauritius for the first time in the event where nine countries, including India, will field their warships, Navy officials said in New Delhi.
China and India dominate the Forbes 2012 list of 50 best publicly traded companies in Asia-Pacific.
Indian-American Raj Nair, executive vice president and president of Ford North America, has been asked to leave the Detroit-based motor company following allegations of misconduct at work place, has been replaced by another Indian-American, Kumar Galhotra.
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.
eBay says it has cut jobs at its centre in Bengaluru in favour of shifting them to other locations around the world.
A survey done by Deloitte says, predictability of tax laws is poor in China, India and Indonesia.
Indian boxing star Vijender Singh's clash against Briton Lee Markham for the Commonwealth Super middleweight title was, on Friday, postponed after the latter pulled out due to injury.
Worldhotels sees significant opportunities in the Asia-Pacific market.
The United States of America, say experts, is gently nudging India to contain the rise of China's assertiveness in the Asia Pacific region without antagonising the latter.
We take a look at Rolls-Royce's amazing and path-breaking journey.
Airlines in Asia-Pacific expected to post losses worth $1.1 billion out of a total industry loss of $8.3 billion next year.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances