Latest India Headlines

All the headlines from our India Topic Page, ordered by recency.

India’s Economic Reforms in ‘Limbo’ as State Elections Near

Aug 30 2010 // Will India’s government succeed in passing key pro-market bills that have been in limbo for years? Not in the near future, say analysts.With state elections around the corner, the Congress-led government may have...

India’s Nuclear Bill Gives Stiffer Penalties, Higher Insurance Costs

Aug 11 2010 // India is rewriting a bill that will allow global firms to access its $150 billion nuclear power market, suggesting stiffer compensation for industrial accidents and extending liability to cover private suppliers.The...

Business Groups Press Emerging Economies over Doha

Jul 22 2010 // Brazil, China and India must use their growing economic might to help revive deadlocked global trade talks, a coalition of business lobby groups said in a letter to U.S. and European Union trade negotiators.The letter,...

Investors Still Hope for India Fiscal Reform after Mixed Year

May 24 2010 // To its admirers, India’s ruling coalition has had a good year — sound fiscal policy to stave off a ruinous global credit crisis, fast growth and some tentative steps toward reforms.Those are likely to be...

Hunt for Clues after India Plane Crash Kills 158; 8 Survive

May 24 2010 // Grieving relatives collected the victims’ remains from a crashed Indian plane and investigators sifted through the rubble Sunday for the cockpit voice and the flight data recorder after India’s worst air...

Buffett to Visit India, Won’t Rule Out Insurance Investment

May 3 2010 // Warren Buffett said Saturday he plans to visit India next March, and would not rule out the country for possible future investments.Speaking at Berkshire’s annual meeting in response to a shareholder question,...

Earnings Pressure Encouraging Corporate Fraud in India: Survey

Apr 6 2010 // The incidence of corporate fraud, particularly financial statement fraud, is rising in India, largely due to pressure to meet earnings targets and weak internal control systems, a survey by consultancy KPMG showed.More...

EU Trade Chief Says U.S. Must Make First Move to Restart Doha Round

Mar 23 2010 // The European Union cannot make more concessions on farm trade to restart stalled world trade talks and the United States must make the first move, the EU’s new trade chief said on Monday.The ball was not in the...

Ratings Recap: GIC India, Top Layer Re, AIA (Australia), PartnerRe (notes)

Mar 15 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of General Insurance Corporation of India (GIC), both with stable outlooks. The ratings...

China and India Endorse Copenhagen Climate Change Agreement

Mar 10 2010 // China and India joined almost all other major greenhouse gas emitters on Tuesday in signing up to the climate accord struck in Copenhagen, boosting a deal strongly favored by the United States.More than 100 nations have...

Trade Ministers at Davos Express Pessimism on Reaching WTO Accord

Feb 1 2010 // Trade ministers expressed gloom on Saturday, January 30, about the prospects of concluding stalled global trade liberalization talks this year, with many blaming the United States for foot-dragging.Ministers from about 20...

Ratings: RSA Canada, Korean Re, New India, Labuan Re, Al-Ahleia, Generali/Volksfuersorge, GCAN

Jan 28 2010 // A.M. Best Co. has upgraded the financial strength ratings (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of Royal & Sun...

Cargo Ship and Tanker Hijacked off Somali Coast

Jan 4 2010 // A cargo ship and a chemical tanker have both been hijacked by pirates in the perilous waters off the coast of Somalia, bringing to four the number of ships seized in the past week, officials said Saturday.The multiple...

Special Reuters Report: America’s Route to Recovery

Dec 29 2009 // When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city.After graduating from high school...

Allianz Forecasts Emerging Asian Markets to Lead Global Growth in 2010

Dec 10 2009 // An anlaysis from Allianz Insurance Management Asia Pacific concludes that regional GDP is expected to grow by 6.7 percent in 2010, with Asia contributing “almost 39 percent to next year’s global economic...

China, Other Big Developing Countries Reject Copenhagen Climate Plan

Dec 3 2009 // China and other big developing nations rejected core targets for a climate deal such as halving world greenhouse gas emissions by 2050 just five days before talks start in Copenhagen, diplomats said Wednesday.China, the...

Climate Talks Now ‘in the Balance,’ But Some Hints of Progress

Oct 20 2009 // Prospects for a new U.N. climate pact in December remained in the balance after talks among big emitters on Monday but with signs of action by Brazil, India and Australia.“It’s more do-able today than...

Doha Round Talks Now an ‘End-Game’ Says Australian Trade Minister

Sep 3 2009 // The World Trade Organization’s Doha round to free up trade is nearly complete and world leaders are voicing the political will to reach a deal next year, Australian Trade Minister Simon Crean said on Wednesday.But at...

AIG to Sell Hong Kong Consumer Finance, India IT Units

Aug 12 2009 // American International Group, seeking to raise cash to repay around $180 billion in bail-out loans, has agreed to sell its Hong Kong consumer finance and India-based IT services units.China Construction Bank (CCB) Asia,...

El Nino Weather Pattern Increasing Says Australian Weather Bureau

Jul 8 2009 // The development of an El Nino weather pattern is increasing and at this stage may be a medium-strength event, but it could take months for it to be officially declared, Australia’s weather bureau said.“We are...