INDIA

Inflation Still a Key Threat, Says RBI Gov Subbarao

RBI Governor Duvvuri Subbarao speaks at a business conference in New Delhi March 26, 2009.
Reserve Bank of India (RBI) Governor Duvvuri Subbarao said on Tuesday that inflation remains too high and needs to fall further or risk more damage to the economy, dismissing criticism of the bank's hawkish policy stance.
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India, China meet

India, China Press Each Other for Market Access

India and China pressed each other for greater market access for their products from medicines to Bollywood films at a meeting of trade ministers on Monday, seeking to expand commercial ties between the Asian giants as they battle a global downturn.
Indian Passport Crisis

Which Is Slower – A Snail Or The Indian Passport Offices?

The Indian government has recently fixed a deadline of 30 days for issuing passports after the applications are filed, in an attempt to speed up the process amid rising complaints about the months-long waiting period for the document.
FDI Nod for Disney

FDI Nod for Disney as Govt Approves $180 mln Proposal

India approved a $180 million foreign direct investment plan by U.S. media group Walt Disney, part of a new push to clear a backlog of investment proposals as the finance ministry seeks to inject new life into the slowing economy.
A man looks at a stock quotation board outside a brokerage in Tokyo

Asian Stocks Fall On Euro Zone Worries

Most of the Asian markets fell Friday as investors' concerns about the faltering global economy were revived since the Markit Flash Eurozone PMI Composite Output Index, released Thursday, indicated that the economic outlook was worsening.

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