Wednesday 1 June 2016
 
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India

India retains fastest growing economy tag

India gathered momentum from January to March to extend its lead as the world's fastest growing large economy, helping Prime Minister Narendra Modi craft an impressive sales pitch for meetings with investors in the US next week.

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Asia's Iran oil imports rise 13pc in April

Asian imports of Iranian oil in April rose by more than 13 percent from a year ago as Tehran vies to recoup market share lost under international sanctions, with shipments into India and South Korea offsetting a big slump in purchases by Japan.

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India caps dollar buying for Iran dues to shield rupee

The Reserve Bank of India has capped weekly dollar purchases by oil refiners to pay off their debts to Iran in order to avoid pressure on the rupee, three sources said on Monday. India is one of the biggest buyers of Iranian crude

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India to crack down on savings scams

India plans legislation to close a regulatory loophole that has made it possible for fraudsters to dupe millions of savers, as Prime Minister Narendra Modi strives to bring the rural poor into the mainstream banking system. Unscru

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Jet Airways posts record profit

India’s Jet Airways Group, an Etihad Airways Partner airline, has declared the highest annual net profit of $185 million for the year ended March 31, 2016, (FY16) compared to a loss of $342 million for the previous financial year (FY15).

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India counts cost of reduced Gulf remittances

Having quit his low-paid job with a contractor in Qatar, electrician Kurian Joseph scrabbles for work each day in his hometown in Kerala, a southwestern state that has one of India's highest unemployment rates. He's a casu

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India to invest $500m in Iran port project

Indian Prime Minister Narendra Modi on Monday pledged up to $500 million to develop the southern Iran port of Chabahar, in a move to give his country trade access to Iran, Afghanistan and central Asia. The route is currently all-b

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Ford to recall 48,700 EcoSport SUVs in India

Ford Motor Company has issued a voluntary recall of 48,700 EcoSport sport-utility vehicles (SUVs) in India to fix faulty fuel and brake lines and rear folding seats, the company's local unit said in a statement on Friday. Ford

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Ford to recall 48,700 EcoSport SUVs in India

Ford Motor Company has issued a voluntary recall of 48,700 EcoSport sport-utility vehicles (SUVs) in India to fix faulty fuel and brake lines and rear folding seats, the company's local unit said in a statement on Friday. Ford

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Spreading colours of love

Revellers take part in the 'Festival of Colors' in Warsaw, Poland, on May 21. The event refers to the tradition Hindu festival  of Holi celebrated across India on the occasion of the arrival of spring. It takes place on the approach

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