Rahul Gandhi Likely to Lead Congress Party
Rahul Gandhi, the heir to the country's most successful political dynasty, launched a campaign for key state polls on Monday.
Australian PM Pushes to Lift Ban on Uranium Sale to India
If all goes well, India's relation with Australia could change forever, as its Prime Minister Julia Gillard is pushing to lift ban on sales of uranium to India.
Kingfisher Airlines Q2 Loss Doubled
Kingfisher Airlines on Tuesday reported a doubling of its loss in the fiscal second quarter on higher fuel prices and operating costs, amid investor worries about its future.
SpiceJet May Sell Stake to Foreign Carrier
Budget carrier SpiceJet will evaluate selling stake to a foreign carrier if the government were to change foreign direct investment rules.
India Gold Traders Stay Away Due to Price Peak
Gold traders in India stayed away from fresh physical buying as futures prices extended gains to near last week's peak.
Kingfisher Airlines Considers Cutting $1.3 Billion Debt, Source
The board of cash-strapped Kingfisher Airlines will consider on Monday a proposal to cut its about $1.3 billion debt by more than half.
Corrupt Political System Darkening Economic Outlook in India
The tragedy of India is its political system. This admission by a minister captured the frustration of delegates at this week's India's World Economic Forum.
India Inflation at 9.73 Percent; Complicates Monetary Policy
India's headline inflation was unchanged in October, worse than forecast and above the 9 percent mark for the eleventh straight month.
Reliance Communications Q2 Profit Down by 43.5 Percent
Debt-laden mobile phone carrier Reliance Communications posted its ninth straight drop in quarterly profit.
India Makes Small Savings Attractive to Woo Small Investors
India has made small savings more attractive in an effort to woo small investors and enlarge the national savings pool, a notification from the finance ministry on Friday said.
Pakistan Relaxes Import Restrictions on Indian Goods
Pakistan removed restrictions on the import of 12 goods from India as part of measures to normalise trade between the nuclear-armed rivals.
Retailers May Cut Petrol Price Next Week
State-run retailers may cut gasoline prices from Nov. 16, an industry source said. It will be the first cut in nearly three years and the first in the 18 months since the government liberalized it.
BJP against Govt’s Move to Bail out Kingfisher Airlines
The Bharatiya Janata Party is opposed to any move by the government to bail out debt-ridden Kingfisher Airlines that cancelled flights to minimize losses.
‘Economy to Grow at 7.5 to 7.6 Percent’: Subir Gokarn
India's economy is expected to grow at around 7.5 to 7.6 percent in the current fiscal year that ends in March, said Deputy Governor of the RBI Subir Gokarn on Friday.
Kingfisher Airlines Defend Its Viability; Shares Fall
Kingfisher Airlines is still a viable business and there is no dispute over its survival, its Chief Executive said on Friday, in an effort to dismiss widespread speculation that the cash-strapped airline was staring at bankruptcy.
India's Industrial Output Growth Slowed to 3.5 Percent
India's industrial output growth probably slowed to an annual rate of 3.5 percent in September, weighed down by slower growth in infrastructure output and higher domestic borrowing costs.
Indian Squad Retained for 2nd Test: No Place for Harbhajan
India selectors have retained their 15-man squad for the second test against West Indies in Kolkata, meaning there is no place for off-spinner Harbhajan Singh.
Vedanta Shares Fall Despite Higher Sales
Aluminium losses, rising costs and the weakening rupee hit India-focused miner Vedanta Resources' profits in the first six months of its financial year, despite higher sales and prices.
Manisha Girotra Quits UBS India
The head of India operations at UBS AG, Manisha Girotra, has resigned, according to an internal memo.
SAARC Summit: India, Pakistan Want Fruitful Talks
The prime ministers of India and Pakistan said on Thursday that their next round of talks should further improve ties between the two countries.
Mahindra Satyam Q2 Profit Up by 10-fold
Beating street estimates, software services exporter Mahindra Satyam on Thursday posted more than 10-fold jump in quarterly net profit.
Flood Reduces Honda Output, Toyota Recovers
The impact of Thailand's floods on Honda Motor Co has extended to a fourth continent, while in contrast Toyota Motor Corp showed further signs of recovery from the disaster.
Moody's Downgrades India Banking From Stable to Negative
Moody's Investor Service on Wednesday downgraded its outlook for India's banking system to negative from stable.
India Beat West Indies by 5 Wickets in 1st Test
Sachin Tendulkar missed his much-anticipated 100th century but his contribution of 76 runs helped India beat West Indies by five wickets.
India Gold Slips From 2-Months High
India gold slipped from its morning high on Wednesday, as investors chose to take profits after a rally that took it to a more than two months high triggered by safe haven buying.
Sonia Gandhi Forced to Cancel 1st Rally Due to Illness
Sonia Gandhi, India's most powerful politician, has cancelled what would have been her first public address since undergoing surgery for an undisclosed illness.
‘No Plans to Cut Jobs’: Jet Airways
Jet Airways Ltd, India's top private carrier, said on Wednesday that it has no plans to cut jobs in drive to save costs and instead look to non-payroll areas to streamline operations.
SBI Q2 Net Profit 12.4 Percent up; Stock Falls
State Bank of India, the country's top lender, beat estimates with a 12.4 percent rise in quarterly net profit but a rise in non-performing assets disappointed investors.
India's Oct Exports up by 10.8 Percent
India's October exports rose an annual 10.8 percent to $19.9 billion, while imports for the month rose 21.7 percent to $39.5 billion.
India Has Weak Pension Systems: Study
Greece, India, China and Thailand are home to the weakest national pension systems in the world.