India

Exclusive: India eyes spending cuts as glitches in new tax hit revenue

Exclusive: India eyes spending cuts as glitches in new tax hit revenue

Published 18/09/2017

India could be forced to cut spending on key infrastructure such as railways and highways as lower-than-expected tax collections and sluggish growth have upset the government's budget calculations, two finance ministry officials said. [more…]

Google launches digital payments service in India

Google launches digital payments service in India

Published 18/09/2017

Alphabet Inc's Google on Monday launched a localized payments app for India as it tries to gain a foothold in the country's rapidly-growing digital payments space. [more…]

Trump, Nikki Haley to share U.S. spotlight at U.N. gathering

Trump, Nikki Haley to share U.S. spotlight at U.N. gathering

Published 18/09/2017

When President Donald Trump takes the world stage at the United Nations for the first time this week, he will share the spotlight with his envoy Nikki Haley, who has emerged as the surprising public face of U.S. foreign policy. [more…]

U.N. sees `textbook example of ethnic cleansing` in Myanmar

U.N. sees `textbook example of ethnic cleansing` in Myanmar

Published 11/09/2017

The top U.N. human rights official on Monday denounced Myanmar's "brutal security operation" against Muslim Rohingyas in Rakhine state which he said was "clearly disproportionate" to insurgent attacks carried out last month. [more…]

ExxonMobil slashes LNG price to India in bad omen for producers

ExxonMobil slashes LNG price to India in bad omen for producers

Published 11/09/2017

India has won a price cut on a 20-year liquefied natural gas (LNG) deal with global giant ExxonMobil Corp (XOM.N) in a rare contract renegotiation, a bad sign for producers in a heavily oversupplied global market. [more…]

Wu wins China first boys` grand slam title at U.S. Open

Wu wins China first boys` grand slam title at U.S. Open

Published 11/09/2017

Wu Yibing gave China its first boys' grand slam singles champion at the U.S. Open on Sunday, hailing his triumph at Flushing Meadows as proof that his country's males were also capable of playing good tennis. [more…]

India`s auto industry gears up for government`s electric vehicles push

India`s auto industry gears up for government`s electric vehicles push

Published 11/09/2017

India's aggressive push to electrify all new vehicles by 2030 is compelling auto part manufacturers and carmakers to draw up early plans for electrification, company executives said. [more…]

Stop fighting over Brexit and get real, Jim O`Neill tells UK

Stop fighting over Brexit and get real, Jim O`Neill tells UK

Published 08/09/2017

The British government should stop dreaming about having its own way in Brexit negotiations and start to get more realistic about the likely outcome of divorce talks with the European Union, said Jim O'Neill, a former Goldman Sachs economist. [more…]

Ford`s Lincoln brand plans electrified versions of all models by 2022: sources

Ford`s Lincoln brand plans electrified versions of all models by 2022: sources

Published 07/09/2017

Ford Motor Co's premium Lincoln brand plans to offer hybrid gasoline-electric versions of all its U.S. models by 2022, according to three sources familiar with the plans. [more…]

South Korea seeks bigger warheads, North Korean ICBM reportedly on the move

South Korea seeks bigger warheads, North Korean ICBM reportedly on the move

Published 05/09/2017

South Korea said on Tuesday an agreement with the United States to scrap a weight limit on its warheads would help it respond to North Korea's nuclear and missile threat after Pyongyang conducted its sixth and largest nuclear test two days ago. [more…]