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  • Indian elevator market ascending quickly

    TOKYO -- The Indian elevator market is growing fast as the government pushes to increase the supply of apartments for the rising middle class. To capture the robust demand in the world's second most populous country, domestic and foreign elevator co

    April 22, 2017 02:00 pm JST
  • India shares fall amid global uncertainty; HDFC Bank gains on earnings

    MUMBAI (NewsRise) -- Indian shares fell after a volatile trading session on Friday as uncertainty ahead of French election and slowing foreign participation prompted investors to book profits in some index heavyweights.The benchmark BSE Sensex index

    April 21, 2017 09:25 pm JST
  • L&T venture to build howitzers as Modi pushes for India manufacturing

    MUMBAI (NewsRise) -- Larsen & Toubro, India's largest engineering and construction company, and South Korea's Hanwha Techwin will jointly manufacture the latest version of self-propelled howitzers for the Indian Army as the South Asian nation steps

    April 21, 2017 08:30 pm JST
  • French election jitters drag Nikkei Asia300 Index lower this week

    SINGAPORE (Nikkei Markets) -- Asian stocks outside of Japan ended the week lower, as caution ahead of French presidential elections and worries about North Korea's nuclear ambitions damped risk appetite.The Nikkei Asia300 Index rose 0.3% to 1,162.86

    April 21, 2017 08:09 pm JST
  • Duterte, Didi's Jean Liu make 'Time 100' list

    TOKYO -- The head of a Chinese mobile transportation platform that clocks 20 million rides a day and the founder of a digital currency service used by 200 million Indians were among those from Asia who landed on Time Magazine's "Time 100" list of th

    April 21, 2017 06:00 pm JST
  • G-20 reaffirms commitment on orderly currency movements

    WASHINGTON (Kyodo) -- Finance chiefs from the Group of 20 major economies on Thursday reaffirmed a G-20 commitment to orderly currency movements as a way to promote world economic growth and ensure stability in financial markets, according to Japane

    April 21, 2017 03:02 pm JST
  • India's IT companies face heaviest blow from US visa overhaul

    PALO ALTO, U.S. -- Changing a popular American visa program to favor the most skilled or highest-paid applicants could cut off a key source of cheaper labor for Indian technology services providers in the U.S. and the businesses that rely on them.Pr

    April 21, 2017 02:00 pm JST
  • Honda looks to lift 2-wheeler sales 20% in India

    MUMBAI -- Honda Motor said Thursday that it aims to boost its two-wheeler sales in India by 20% to 6 million units, including exports, in the current fiscal year ending March 2018.The Japanese automaker will launch two scooter models and two motorcy

    April 21, 2017 04:30 am JST
  • India shares advance in line with regional markets; software stocks rebound

    MUMBAI (NewsRise) -- Indian shares rose Thursday, aided by gains in regional markets and a recovery in index heavyweights including software exporters' stocks.The benchmark BSE Sensex gained 0.3%, or 85.82 points, to 29,422.39, while the broader NSE

    April 20, 2017 09:29 pm JST
  • India air traffic growth at lowest in 17 months as travel demand weakens

    MUMBAI (NewsRise) -- Air passenger traffic in India grew at the slowest pace in 17 months in March, as lean travel season damped demand.The number of passengers flown in March grew 15% on-year to 9.05 million, according to government data. Traffic h

    April 20, 2017 09:01 pm JST
  • Asian startups step out of Silicon Valley's shadow

    TOKYO/JAKARTA -- Nur Dwi Sasi's daily commute to her workplace in South Jakarta used to be a daunting task. The 47-year-old office worker had to walk in the scorching heat to catch a jam-packed minibus before changing to another, equally crowded bus

    April 20, 2017 12:00 pm JST
  • Tea Leaves

    The politics of elephants in the room

    I grew up in a corner of Colombo, the Sri Lankan capital, where a domesticated elephant was a regular presence in daily life. "Our" elephant belonged to the Buddhist temple near our home. On some mornings, it would lumber past our front gate, the ch

    April 20, 2017 10:00 am JST
  • Asian startups step out of Silicon Valley's shadow

    TOKYO/JAKARTA Nur Dwi Sasi's daily commute to her workplace in South Jakarta used to be a daunting task. The 47-year-old office worker had to walk in the scorching heat to catch a jam-packed minibus before changing to another, equally crowded bus. T

    April 20, 2017 10:00 am JST
  • India's Flipkart karts in $1.4bn from Tencent, eBay and Microsoft

    NEW DELHI India's e-commerce boom has triggered an intense battle for supremacy, with the top two players pulling no punches and deep-pocketed global investors swooping in.The homegrown Flipkart, India's largest e-tailer, on April 10 announced it ha

    April 20, 2017 10:00 am JST
  • India sounds off about Beijing's economic policies

    HONG KONG The Indian government's chief economic adviser had some choice words for China recently, labeling the country a "big source of systemic risk" to the global economy.In an interview with the Nikkei Asian Review and other members of the media

    April 20, 2017 10:00 am JST
  • The politics of elephants in the room

    I grew up in a corner of Colombo, the Sri Lankan capital, where a domesticated elephant was a regular presence in daily life. "Our" elephant belonged to the Buddhist temple near our home. On some mornings, it would lumber past our front gate, the ch

    April 20, 2017 10:00 am JST
  • Sujeev Shakya: South Asia must embrace frontier opportunities

    In South Asia, connectivity is seen as the prerogative of capital cities, with people who live in border areas routinely ignored. Instead of finding ways of improving connectivity throughout the region, summits of the South Asian Association for Reg

    April 20, 2017 10:00 am JST
  • Richard Ghiasy

    China-Pakistan corridor could help stabilize South Asia

    So far in its two-year history the China-Pakistan Economic Corridor has fanned Indian-Pakistani rivalry and added to regional security tensions. But the $55 billion infrastructure and energy project, officially launched on April 20, 2015 (though som

    April 20, 2017 10:00 am JST
  • India nabs fugitive 'Beer King' in UK over unpaid loans

    NEW DELHI -- The Indian government finally caught up to a well-known business figure who had fled the country and left behind a mountain of debt from a failed foray into the airline business.Vijay Mallya, chairman of United Breweries, was arrested i

    April 20, 2017 02:39 am JST
  • Good news for Indian GDP as 'normal' monsoon predicted

    NEW DELHI -- India is expected to witness "normal" rains in the June-September monsoon season, the government's weather office has said, raising hopes for strong growth in farm output and the overall economy.Rainfall is likely to be 96% of the bench

    April 19, 2017 11:00 pm JST