INDIA

The World Gold Council expects demand for gold from India to increase by nearly 3 percent over last year.

President Hamid Karzai is expected to visit India on May 26 to attend Prime Minister-designate Narendra Modi's swearing-in ceremony.

The coal-power sector, which produced the energy-starved nation's biggest political scam, will be a key focus for the new administration.

Other leaders from the eight-member South Asian Association for Regional Cooperation, or SAARC, bloc are also on the guest list.

According to one estimate, India's online retail market is valued at $3.1 billion and is expected to be worth $22 billion by 2018.

The U.S. State Department revoked Narendra Modi's visa in 2005, but invited him to the White House following his election win last week.

Nike proved it can grow business and reduce dependence on labor. This doesn't bode well for low-wage factory workers in Asia, or anywhere.

While the decline doesn't correspond with a fall in sales, the biggest cuts have come from Asia, where most of the company’s products are made.

The clothing retailer, which runs 40 stores in the country, said its Indian same-store-sales grew 13 percent in the fiscal year ended March 2014.

China is not the only country discussing oil and gas deals with Russia.

The benchmark BSE Sensex closed at a record high Monday while the rupee rose to a 11-month high against the dollar.

Sakir Hussain, who was involved in human trafficking and smuggling fake Indian currency, was arrested by Sri Lankan and Malaysian officials.

Meanwhile, a trailer of a film based on the missing Malaysia Airlines jet was unveiled Saturday at the 2014 Cannes Film Festival.

India's new leader focused mainly on the economy during his campaign. But his relationship with foreign countries may be equally consequential.

Past differences are put aside after a landslide victory.

Corporate India and investors are confident Modi will deliver with bold and decisive policy reforms to promote economic growth.

The U.S. State Department didn't directly address the issue, only saying Modi doesn't "automatically qualify" for a visa.

Modi's BJP party is expected to win India's national elections with an absolute majority -- an outcome not witnessed in decades.

In anticipation of the result, the Indian rupee opened at a 10-month high while the country's benchmark BSE Sensex rose nearly 3.5 percent.

If early trends are confirmed the BJP and its allies would win an absolute majority in the lower house of parliament.

The British auction house reportedly hopes to fetch more than $100,000 for the set of three letters.