India is with its population of over one billion the second biggest of the emerging markets. Various structural problems are holding it back though.

Salman Rushdie Urges Publishers To 'Be Braver'

The British author's memoir Joseph Anton, about living for years under a state-sponsored call for his murder, is set to be released Tuesday amid worldwide anger over the Innocence of Muslims film that Iran's Ayatollah Hassan Sanei blames on him.

RBI Holds Repo Rate Despite 'Big Bang' Reforms

The Reserve Bank of India (RBI) left interest rates unchanged but cut the cash reserve ratio for banks on Monday, disappointing market hopes that it would follow up the government's unexpected spate of bold reform measures by reducing borrowing costs.

Asian Stocks End Mixed; Shanghai Tumbles 2.14%

Asian stock markets ended mixed Monday after they rallied to a four-month high in the previous session following the U.S. Federal Reserve's move to boost growth in the world's largest economy with a third round of bond purchases.

Week Ahead: Asian Stock Markets To Be Moderately Bullish

Asian stock markets posted their biggest weekly gains in almost nine months after the U.S. Federal Reserve announced that it would purchase $40 billion in mortgage-backed securities per month for an open-ended period until the labor market improved substantially.

1B Cell Users And No iPhone In India's Hot Mobile-Apps Market

Only two countries are members of the 1 billion mobile phone users club: China and India. In the latter, Nokia and Samsung are battling for the top spot, but their big worldwide rival is an Indian no-show: Apple and the iPhone. Here's why and what's at stake.


A man looks at a stock quotation board outside a brokerage in Tokyo

Weekly Roundup: Asian Markets Rally As Fed Announces QE3

Most of the Asian markets gained in the week as investor confidence was lifted following the announcement of another round of quantitative easing by the U.S. Federal Reserve which is expected to rejuvenate the economic growth.