Narendra Modi

World financial fears keep Asia firms in holding pattern - Reuters/INSEAD survey

Sentiment at some of Asia's biggest firms has deteriorated as a slowing Chinese economy, Greek sovereign debt crisis and looming U.S. interest rate hike create deepening concern about the state of the world economy, a Thomson Reuters/INSEAD survey showed.

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Taiwan's Innolux looks to invest in India with Hon Hai

Taiwanese panel display maker Innolux Corp (3481.TW) is looking at investing in India to expand into the subcontinent with its biggest shareholder and key supply chain client Hon Hai Precision Industry Co Ltd (2317.TW), a senior executive said.

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Adani, Reliance to build Bangladesh power plants to ease crisis

Two leading Indian power firms will build several plants in Bangladesh to produce up to 4,600 megawatts of electricity to ease the country's prolonged power crisis, a senior official said on Saturday.

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India douses century-old coal fires as Modi seeks output boost

Prime Minister Narendra Modi is determined to move more than 100,000 people living near coalfields in eastern India to new homes, making it easier to douse underground fires that have burned for a century and mine huge reserves of premium coal.

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Data shows Indian growth outstrips China's but economists doubtful

India's economy grew faster than China's in the quarter through March, data showed on Friday, but a sharp downward revision for the previous quarter fuelled doubts about the accuracy of a new method used to measure economic activity.

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China, India sign more than $22 billion in deals: Indian embassy

China and India signed 26 business deals worth more than $22 billion in areas including renewable energy, ports, financing and industrial parks, an Indian embassy official said on Saturday.

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Ford to triple exports from India with new $1 billion plant

Ford Motor Co (F.N) plans to triple exports from India with a $1 billion plant that will be one of its most heavily automated in Asia, offsetting slower sales inside the country with a push to sell more local production abroad.

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India's Jaitley goes for growth, delays cut in fiscal deficit

India's Finance Minister Arun Jaitley on Saturday announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit.

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Airbus in talks with Indian firms on helicopter joint venture

Airbus Helicopters said on Friday it is in talks with Indian companies including Mahindra and Mahindra (MAHM.NS), Reliance Industries (RELI.NS) and Tata Group to jointly make military helicopters, to comply with rules aimed at helping the local defense industry.

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Subsidy cuts in India's budget may disappoint investors

India may slash its food and fuel subsidy bill by about $8 billion in next week's budget, two sources said, but despite the impressive headline, the cut is not as radical as free market champions had hoped for in Prime Minister Narendra Modi's first full budget.

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Israeli defense minister lands at India airshow to boost arms sales

Israel's defense minister arrived in India on Wednesday to help sell his country's arms industry to the world's largest defense importer and promote deepening military ties between the two nations.

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Trick or treat? India's strong GDP figures mask economic reality

For Indian business, the government and the central bank, data revisions that have transformed the country's $2.1 trillion economy into one of the world's fastest growing are too good to be true.

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Global climate deal should not hamper individual countries' economic growth: France

A global deal to curb carbon emissions must recognize each country's right to develop, France's foreign minister said in New Delhi on Thursday, as the host of this year's U.N. climate change talks seeks to win India's backing for a global deal.

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After Obama visit, India's Modi heads to China by end of May

Prime Minister Narendra Modi will visit China before his first anniversary in government on May 26, the foreign ministry said on Monday, in the latest symbolic move by the nationalist leader to cement India's ties with the world's major powers.

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Obama ends day of Indian pageantry with $4 billion pledge

U.S. President Barack Obama ended a landmark day in India on Monday with a pledge of $4 billion in investments and loans, seeking to release what he called the "untapped potential" of a business and strategic partnership between the world's largest democracies.

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