India, the world's third biggest oil importer and consumer, currently pays for UAE oil in dollars but is looking to cut transaction costs by eliminating conversions
Foreign inflows, fuelled by China’s stumbling recovery, have helped supercharge a surge in Indian equities
India is concerned that tie-ups like the one proposed by BYD are “controlled by the foreign partner” and reduce the partnering Indian company to a “dummy entity”
The Chinese telecom giant has fallen behind South Korea's Samsung in the country, where brick-and-mortar remain the bigger players in smartphone sales
The investment proposal also includes a plan by BYD to set up charging stations in India and build research and development and training centres
Tesla has begun talks with the Modi government on plans to build an EV plant in the country that would sell cars locally at an affordable rate and export them across the Indo-Pacific, a source says
A United Nations report said in 2005/2006 about 645 million Indians were in ‘multidimensional poverty’ and this declined to about 230 million in 2019/2021
Bankers said on Wednesday the RBI is calling for more lenders to take part in pilot programmes using the e-rupee in a bid to push the number of transactions to a million a day
Observers say New Delhi is looking to develop a domestic arms industry, not move closer to the West, and its relationship with Moscow will remain close
Explaining its breakup with Vedanta, Foxconn said "there was recognition from both sides that the project was not moving fast enough"
Prime Minister Narendra Modi has earmarked chipmaking as a top priority for India and Foxconn's withdrawal will be seen as a major blow
Glaciers at the source of some of Asia's biggest rivers are melting faster, with glacial lakes getting bigger and more likely to collapse and create 'outburst floods', a new report says