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  • Manufacturing growth slows on weaker demand in April
    Manufacturing growth slows on weaker demand in April

    Falling inflation and a slowing manufacturing industry would reinforce expectations that the Reserve Bank of India will again cut interest rates soon from the current 7.5 percent. "The data supports a rate cut… they will continue cutting rates but slowly, perhaps waiting until the upcoming meeting," said Pollyanna De Lima, economist at Markit. The HSBC Manufacturing Purchasing Managers' Index, compiled by Markit, fell to 51.3 in April from March's 52.1 but marked its eighteenth month above …

  • Exclusive - GM set to storm India as Korea costs climb
    Exclusive - GM set to storm India as Korea costs climb

    By Norihiko Shirouzu and Aditi Shah BEIJING/NEW DELHI (Reuters) - General Motors aims to grab at least 5 percent market share in India within the next decade, as it sees that market overtaking Japan as the world's third biggest with projected annual sales of 8 million vehicles by 2025. The Detroit carmaker, which is losing money in India even after 18 years there, will unleash a product blitz aimed at reviving sagging sales, and will make India a new global manufacturing and export hub, …

  • Illegal betting has taken a toll on China, India - Eaton
    Illegal betting has taken a toll on China, India - Eaton

    By Mike Collett DEAD SEA, Jordan (Reuters) - Betting fraud and match-fixing are part of the reason why China and India have achieved little in soccer despite their huge populations, anti-corruption expert Chris Eaton said on Sunday. Eaton, the executive director of the non-profit-making International Centre for Sports Security, urged governments to take more control of the problem and said the sport was a victim and not the cause of widespread betting fraud. "The innovations being led by …

  • Sandeep Jajodia removed as President of Boxing India
    Sandeep Jajodia removed as President of Boxing India

    Sandeep Jajodia lost a No-Confidence Motion by a massive margin. …

  • The World Prepares to Run
    The World Prepares to Run

    The event, coordinated worldwide, will flag off in India at Gurgaon, Haryana at 4:30 p.m. IST to raise money for spinal injury research. …

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