Search Results for: India
India slips to seventh spot on FDI confidence index
June 3rd, 2014
India has slipped to its lowest position in over a decade in the foreign direct investment confidence index, which has been topped by the United States for the second year in a row, a study has showed. The survey ...
Demographics, reforms, globalisation can make India a $5-trillion economy by 2025
June 3rd, 2014
Propelled by the three “success factors” of favourable demographics, globalisation and productivity-boosting reforms, India’s trend growth rates have been rising since the 1980s. Over the last decade, GDP growth has averaged 7.6%, compared with 6.1% in ’90s and 4.6% ...
India’s economic growth not as expected
June 2nd, 2014
India’s economic growth has remained subdued, due largely to a slowdown in the manufacturing sector, official figures have shown. The economy grew at an annual rate of 4.6% between January and March, below analysts’ forecasts and the same pace ...
Election results boost India stocks to another record high
May 16th, 2014
India’s benchmark index surged to a record high Friday after initial election results suggested a sweeping victory for Narendra Modi and the pro-business Bharatiya Janata Party. Investors reacted to the news with marked enthusiasm, sending Mumbai’s Sensex index up ...
Election optimism boosts India stocks to record high
May 13th, 2014
India’s benchmark index surged to a record high Tuesday after exit polls indicated that voters will deliver a mandate to Narendra Modi and the pro-business Bharatiya Janata Party. Mumbai’s Sensex index advanced more than 1.5% in early trading as ...
Vodafone seeks arbitration over Indian tax dispute
May 9th, 2014
Vodafone is to seek international arbitration in a bid to resolve an historic dispute with the Indian government. The dispute is rooted in Vodafone’s acquisition of Hutchison Whampoa’s Indian mobile assets for $11.2bn (£6.5bn). The Indian authorities had argued ...
Vodafone seeks arbitration in India tax dispute
May 8th, 2014
Vodafone has sought international arbitration to resolve its tax dispute with the Indian government. It relates to Vodafone’s 2007 takeover of Hong Kong-based Hutchison Whampoa’s Indian mobile unit for $11bn (£6.5bn). Indian authorities have said the firm owes nearly ...
A star abroad, India central bank boss riles bond traders at home
April 17th, 2014
Since taking the helm of India’s central bank, Raghuram Rajan’s agenda to reform markets has put the noses of Mumbai bond traders firmly out of joint by upending practices that provided them with a relatively secure rate of return. ...
India Capital Votes in 3rd Phase of World’s Biggest Election
April 10th, 2014
Voters in India’s capital headed to polling booths today in the third phase of the biggest election in world history, with Narendra Modi’s Bharatiya Janata Party set to win the most seats and grab power after a decade. About ...
India’s Bonds Snap Two-Week Gain as Fed Signals Rate Increase
March 21st, 2014
India’s 10-year bonds capped the first weekly decline in three on concern fund inflows into high-yielding assets will slow after the Federal Reserve signaled U.S. interest rates will be raised. The Fed cut its monthly debt purchases by $10 ...