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Unemployment biggest worry in India, world's fastest growing economy
The biggest economic challenge for the government after the ongoing election is unemployment, according to economists polled by Reuters who expected the world's most populous country to grow a healthy 6.5% this fiscal year.
VinFast to break ground on $2B factory in India
Vietnamese electric vehicle maker VinFast plans to build a US$2 billion factory in the southern Indian state of Tamil Nadu, with groundbreaking scheduled for this Sunday.
Hosts Qatar into Asian Cup last 16 but China made to sweat
Hosts and defending champions Qatar on Wednesday were the first team to reach the Asian Cup knockout rounds, but China will need to fight it out to join them after successive 0-0 draws.
January 17, 2024 | 03:51 pm PT
India net importer of steel in April-Nov as Chinese shipments reach 5-yr high
India turned a net importer of finished steel in the first eight months of the fiscal year that began in April with shipments from China reaching their highest in five years, according to provisional government data seen by Reuters on Wednesday.
December 27, 2023 | 02:37 pm PT
Cyclone Michaung hits India's south after 13 killed in floods, rain
Cyclone Michaung barrelled into the southern Indian coast on Tuesday with intense winds, its arrival preceded by torrential rains and flooding that killed at least 13 people, as officials assessed the damage.
December 6, 2023 | 02:29 am PT
India shuts schools, offices, evacuates thousands as Cyclone Michaung nears
Authorities in southern India on Monday closed schools and offices, halted flights and evacuated coastal areas ahead of a severe cyclonic storm expected to make landfall in the next 24 hours, causing torrential rains.
December 4, 2023 | 03:46 pm PT
India's construction sector levels up as housing demand spurs economy
If India needed any more proof that it was in the midst of a huge housing boom, it got in this week's GDP data, heightening expectations that the industry will continue to power the economy for years to come.
December 3, 2023 | 06:38 pm PT
China's Alipay to sell its stake in India's Zomato for nearly $400M
Chinese payments group Alipay launched a $400 million accelerated bookbuild to sell its stake in Indian food delivery giant Zomato, according to the deal's term sheet on Wednesday.
November 29, 2023 | 03:32 am PT
Lightning strikes in India's Gujarat kill 24
Twenty-four people have died by lightning strikes and about 23 have been left injured in rain-related incidents in the western Indian state of Gujarat over the past two days, government officials said, with rains continuing on Monday morning.
November 27, 2023 | 05:20 am PT
Indian drug manufacturers benefit from Big Pharma interest beyond China
Drugmakers are seeking to limit their reliance on Chinese contractors who produce drugs used in clinical trials and early-stage manufacturing, a move that is benefiting rivals in India, according to interviews with 10 industry executives and experts.
November 26, 2023 | 07:09 pm PT
HCMC wants Indian investment in billion-dollar metro lines
Ho Chi Minh City has invited Indian investors to fund its nine metro lines, three monorail lines, and eight high-tech projects worth billions of U.S. dollars.
November 22, 2023 | 04:39 am PT
Indian capital resumes some activities despite hazardous air, river foam
India's capital Delhi re-opened schools and some building sites on Monday amid signs of receding air pollution, although it remained classified as hazardous, while a toxic foam besmirched stretches of the Yamuna river flowing through the city.
November 20, 2023 | 05:38 am PT
Three Indian cities among world's 10 most polluted after Diwali
Two Indian cities joined New Delhi to be among the world's worst 10 for pollution on Monday morning, with smoke heavy in the air a day after revellers let loose with firecrackers for Diwali - the annual Hindu festival of light.
November 12, 2023 | 11:55 pm PT
New Delhi to restrict use of vehicles to curb air pollution
India's Delhi city will restrict use of vehicles next week to curb rising pollution as air quality in the capital remained dangerously unsafe for a third consecutive day despite mitigation efforts.
November 6, 2023 | 03:30 pm PT
India police probe bomb blasts that killed two in Kerala
A man claiming to be a former member of the Jehovah's Witnesses was detained for questioning about his alleged involvement in setting off homemade bombs at a meeting of the group in the southern Indian state of Kerala on Sunday, killing two women and injuring dozens of other people, police said.
October 29, 2023 | 07:18 pm PT
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