Search results

Results 101 - 120 of 4568
  • Stephen Grenville

    India's universal income plan is not just a distant dream

    The idea of providing a guaranteed minimum basic income for all citizens goes back centuries, but it has always come up against the harsh reality that governments cannot collect enough revenue to fund such schemes. The Indian Finance Ministry has, h

    March 2, 2017 04:00 pm JST
  • Stephen Grenville

    India's universal income plan is not just a distant dream

    The idea of providing a guaranteed minimum basic income for all citizens goes back centuries, but it has always come up against the harsh reality that governments cannot collect enough revenue to fund such schemes. The Indian Finance Ministry has, h

    March 2, 2017 10:25 am JST
  • China's growing travel bug to support new casino projects

    China's large and growing traveling class is expected to provide strong demand for the Asian casino market in coming years.The number of overseas trips made annually by China's 1.36 billion people now equates to a market penetration rate of 9%. This

    March 2, 2017 10:00 am JST
  • India plans to revamp its rails with foreign help

    NEW DELHI For Neha Bhatnagar, a 36-year-old living in the Indian capital, long train trips across the country have been anything but pleasant.In July last year, she boarded the Goa Express to visit Shirdi, located more than 1,350km away in the weste

    March 2, 2017 10:00 am JST
  • India's Bharti Airtel snaps up Telenor's local unit

    NEW DELHI Bharti Airtel, India's largest telecom operator, has agreed to buy the Indian operations of Norway's Telenor, a move that will bolster its position in the face of stiff competition from Reliance Industries' newly launched wireless venture.

    March 2, 2017 10:00 am JST
  • India shares rise after economic growth exceeds expectations

    MUMBAI (NewsRise) -- Indian shares rose for the first time in three days, as financial stocks rebounded after the nation's economy grew at a faster-than-expected pace in the final three months of last year.On Wednesday, the benchmark BSE Sensex rose

    March 1, 2017 09:30 pm JST
  • Maruti Suzuki posts slower India car sales growth in February

    MUMBAI (NewsRise) -- Maruti Suzuki India, the nation's largest car maker, reported a slower sales growth in February, after the automaker's move to replenish inventories at dealerships had caused sales to surge in January.Maruti's total sales rose a

    March 1, 2017 08:58 pm JST
  • Sreeram Chaulia

    Asians face new reality in intolerant America

    The murder of a 32-year-old engineer from India, Srinivas Kuchibhotla, allegedly by a white nationalist gunman in a Kansas City bar on Feb. 22 represents a dark omen striking at the heart of multiracial and multicultural America. Kuchibhotla's kille

    March 1, 2017 07:00 pm JST
  • Reconciliation moves Docomo, Tata out of wireless limbo

    MUMBAI -- The Tata group and NTT Docomo are set to finally resolve a row dating to 2014 over a foundering telecom venture, adding a new wrinkle to an industry undergoing upheaval and leaving the Japanese carrier to rethink its overseas strategy.The

    March 1, 2017 02:00 pm JST
  • India manufacturing PMI rises to 50.7 in February

    TOKYO -- The Nikkei India Manufacturing Purchasing Managers' Index, or PMI, rose to 50.7 in February from 50.4 in January. This is the second month in succession in which the health of the sector improved after the demonetisation-related downturn at

    March 1, 2017 02:00 pm JST
  • India's GDP expands 7% in Q3

    NEW DELHI -- India's economy grew a surprising 7% in the October-December quarter despite the government scrapping high-value bank notes that constituted 86% of all cash in circulation.Gross domestic product grew at a slightly slower pace in the thi

    March 1, 2017 02:30 am JST
  • India shares fall ahead of economic data, Trump speech

    MUMBAI (NewsRise) -- Indian shares fell for a second straight session on Tuesday, retreating from a near-six-month high, as investors awaited a key economic data and President Donald Trump's address to a joint session of U.S. Congress.The benchmark

    February 28, 2017 10:22 pm JST
  • Tata Steel, Hindalco likely to post better earnings as metal prices rebound

    MUMBAI (NewsRise) -- Indian metals and mining companies, which reported their first quarter of profit expansion in October-December after almost two challenging years, are likely to further boost profits this year as commodity prices rebound.Top Ind

    February 28, 2017 09:36 pm JST
  • Lixil's 'safe toilet' to be made in India, Kenya

    TOKYO -- Lixil, a Japanese building material and household equipment manufacturer, has reached a licensing agreement with local partners in India and Kenya for the production and sale of its product the Sato -- short for "safe toilet."More than 1 mi

    February 28, 2017 06:00 pm JST
  • Asia needs $26tn for infrastructure through 2030: ADB report

    MANILA -- Asia will need $26 trillion of infrastructure investment in the 15 years from 2016 to 2030, said a report published on Tuesday by the Asian Development Bank.According to the report, titled Meeting Asia's Infrastructure Needs, the region ne

    February 28, 2017 01:23 pm JST
  • ADB says Asia needs to double infrastructure spending

    MANILA, Philippines (AP) - Developing countries in Asia and the Pacific will need to spend up to $1.7 trillion a year, or $26 trillion through 2030, to meet their infrastructure needs and to maintain the region's growth momentum, the Asian Developme

    February 28, 2017 12:35 pm JST
  • Tata, Docomo to settle $1bn legal dispute

    TOKYO -- India's Tata Group has agreed to pay Japan's NTT Docomo roughly $1.17 billion in connection with the end of a tie-up in the South Asian nation, potentially ending a lengthy legal battle.Tata Sons, the conglomerate's holding company, will pa

    February 28, 2017 06:00 am JST
  • CLP says Australia power market outperforms China, India

    HONG KONG -- Power supplier CLP Holdings posted better-than-expected earnings as strong profits from its Australian business outweighed the impact of slower energy markets in China and India.CLP, the first Hong Kong utility to report annual earnings

    February 27, 2017 10:18 pm JST
  • India shares snap six days of gains as bank stocks fall

    MUMBAI (NewsRise) -- Indian shares fell Monday, snapping a six-session winning streak, as banking stocks declined. Weak regional trading amid caution ahead of U.S. President Donald Trump's speech further weighed on investor demand.The benchmark BSE

    February 27, 2017 09:36 pm JST
  • ONGC to develop India oil fields amid merger speculation

    MUMBAI (NewsRise) -- Oil & Natural Gas Corp, India's biggest explorer, will invest 73.27 billion rupees ($1.10 billion) to develop five oil fields across the western Indian coast, even as speculation is rife that the company is exploring a merger wi

    February 27, 2017 08:36 pm JST