”india” News

India want to play Australia more often

MUMBAI, India (Reuters) - India want to play top-ranked Australia more often to exploit the commercial value of the intense rivalry, a senior Indian board official said.
02 12 2008 10:42PM (...more)

India does not contribute to global imbalances - RBI

MUMBAI (Reuters) - India does not contribute to global imbalances and the country has an important stake in the normalisation of global financial markets, the head of the Reserve Bank of India (RBI) said on Monday.
02 11 2008 11:07PM (...more)

Inflation above 4 pct, rates seen steady

NEW DELHI (Reuters) - Indian inflation breached 4 percent in late January, its highest in nearly five months, and analysts said the upswing meant the Reserve Bank of India was unlikely to loosen its grip on rates anytime soon despite slowing growth.
02 9 2008 12:29AM (...more)

Secretive traditional couriers grease wheels of Indian commerce

AHMEDABAD, India (Reuters Life!) - In India 's booming economy, money, gold and diamonds still travel the old-fashioned way -- in paper pouches carried from door to door.
02 5 2008 5:09PM (...more)

India gold price hits new highs, buyers feel chill

MUMBAI (Reuters) - India 's gold prices hit a fresh high on Friday tracking overseas markets, where investors flocked to buy the metal on a weak dollar and worries over economic growth in the U.S., pushing it to a lifetime high.
02 2 2008 4:56AM (...more)

BSE Sensex falls 1 pct after RBI holds rates

MUMBAI (Reuters) - India 's main stock index fell more than 1 percent on Tuesday after the central bank kept interest rates unchanged at its policy review.
01 29 2008 8:14PM (...more)

BSE Sensex surges 6.6 pct, biggest rise in 19 mths

MUMBAI (Reuters) - Indian shares rose 6.62 percent on Friday, their biggest daily rise in more than 1- years, as investors snapped up beaten-down blue chips, but the market still ended a turbulent week down 3.4 percent.
01 26 2008 2:38AM (...more)

Left says to oppose fuel price increase

NEW DELHI (Reuters) - India 's communist parties that provide crucial parliamentary support to the ruling coalition said on Monday they would oppose any increase in fuel prices, ahead of a government panel meeting on Thursday to review prices.
01 15 2008 6:29AM (...more)

World Bank slams corruption in aided Indian healthcare projects

NEW DELHI (AFP) - The World Bank has exposed serious fraud in Indian healthcare programmes it has funded and said New Delhi had agreed to help stamp out corruption, officials said.
01 13 2008 12:45AM (...more)

Indian auto makers flex engineering, design muscle

NEW DELHI (Reuters) - Praise for Tata Motors' low-cost Nano car has been as much for its style and engineering as for its "world's cheapest" price tag, signalling India 's intent to be more than just a cut-price manufacturer.
01 12 2008 1:19AM (...more)