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Even as Tesla makes plans to enter India, it has already notched up $1 billion sales in China

Tesla Inc.’s revenue from China last year tripled to more than $1 billion, indicating better traction in the market Chief Executive Officer Elon Musk has predicted could eventually become the company’s biggest.

Industry News

Harvard academics reveal blueprint for avoiding stock crashes

In a new paper, Robin Greenwood, Andrei Shleifer and Yang You found that while not every violent advance in shares ends in horror, those that do share common traits. Among them: rising volatility and greater share issuance.

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Mizuho says Rupee bears wrong, sees first annual gain since 2010 

The bearish consensus on the rupee is wrong. That is the view of Mizuho Bank Ltd., which expects an annual gain for the currency for the first time in seven years, as faster economic growth enhances the appeal of Indian asset

Industry News

Startups going bankrupt? Here’s an online startup on the way to profit in Asean

An internet company that's still private, venture-backed and about to make an actual profit -- huh? Say again? As the world celebrates the IPO success of an unprofitable photo-sharing social media site, it's exciting to consi

Industry News

Made in Pakistan: India’s neighbour looks to aviation in ambitious defense export push

Nuclear-armed Pakistan is seeking to ramp up defense exports amid simmering regional tensions and a surge in the global arms trade.

Pakistan, Gilgit-Baltistan, Riaz Hussain Pirzada, China-Pakistan Economic Corridor, Sartaj Aziz News

India wants to copy China in creating energy gorillas; there’s only one problem with the plan: Shareholders

Everything China has, India wants -- except perhaps its communist rulers.

Economy News

Oil to plunge to $26 again? Leaner, fitter, faster US shale oil 2.0 challenges OPEC again

When the who’s who of the oil industry met a year ago in Houston, Saudi Arabia’s energy minister had harsh words for U.S. shale drillers struggling with the worst price crash in a generation.

Commodities News

RIL shares at 9-year high after Mukesh Ambani, India’s richest man, revamps holding

Reliance Industries Ltd. shares traded near a nine-year high after Mukesh Ambani, India’s richest man, announced plans to revamp his holding in the company valued at $22 billion.

Industry News

Amazon says employee error caused Tuesday’s cloud outage

Amazon.com Inc. said efforts to fix a bug in its cloud-computing service caused prolonged disruptions Tuesday that affected thousands of websites and apps, from project-management and expense-reporting tools to commuter alert

Amazon News

Snap jumps in trading debut after year’s first US tech IPO

Snap Inc., maker of the disappearing photo app that relies upon the fickle favor of millennials, jumped in its trading debut after pricing its initial public offering above the marketed range.

World News

Indian drugmakers lobby to win Donald Trump over on generic imports

India’s largest pharmaceutical firms are looking to convince U.S. President Donald Trump that his promise to lower drug costs should take priority over his vow to make sure the medicines are made in America.

Industry News

Bank of Baroda’s South African unit said to close Gupta-linked accounts

Bank of Baroda’s South African unit has started closing accounts of companies controlled by the Gupta family, according to three people familiar with the matter, potentially leaving the friends of President Jacob Zuma witho

Banking & Finance News

Lenovo sells another property asset as smartphone sales tank

Lenovo Group Ltd. will pick up about HK$1.7 billion ($219 million) from selling out of a developer of property and parking lots in central China, striking the latest real estate deal to shore up earnings battered by shrinking

Industry News

Mukesh Ambani’s Reliance Jio should make an even bigger bet: Buy Paytm

Reliance Industries Ltd. reached another milestone this week with its Jio Payments Bank getting the go-ahead to begin operations, Mint reported Thursday.

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Modi exploring new sites for building nuclear projects in India, including those away from the sea

The nation has had to back out from a couple of sites in the past because of opposition from the local population and is now looking at regions, including those away from the sea, to supplement the existing list, the official

Tata Sons, Japan’s NTT DoCoMo, Tata Teleservices, Delhi High Court, London Court of International Arbitration, RBI, Narendra Modi News

World’s biggest banks fined a whopping $321 billion since financial crisis

Banks globally have paid $321 billion in fines since 2008 for an abundance of regulatory failings from money laundering to market manipulation and terrorist financing, according to data from Boston Consulting Group.

Banking & Finance News

China’s ride-hailing service Didi Chuxing in talks to raise billions in fresh capital

Didi Chuxing, the ride-hailing service that acquired Uber Technologies Inc.’s China business last year, has held informal talks with investors about raising billions of dollars to buy more time to build a profitable busines

Industry News

Silver, poor man’s gold, hit by demonetisation: Imports may shrink this year to lowest since 2012

Silver imports by India, one of the world’s top buyers, will probably shrink this year to the lowest since 2012 as the government cracks down on black money, farmers struggle for cash and stockpiles remain ample.

Markets News

View: Is India becoming another China, with incredible growth momentum and statistics nobody quite believes?

Being the fastest-growing large economy in the world is India’s destiny, and even the most poorly conceived economic policy imaginable can’t stop destiny.

Economy News

Investors in a fix: What is the fair value of the Indian Rupee?

Reserve Bank of India Governor Urjit Patel said the rupee is ‘broadly’ where it should be. Problem is, a central bank gauge of the currency’s trade-weighted performance shows it is overvalued.

Markets News

Fed says US growing modestly with subdued signs of inflation

The economy grew at a modest to moderate pace across the U.S., further tightening the labor market but without significant acceleration in wages or inflation, a Federal Reserve survey showed.

World News

Can Snapchat show advertisers it’s not just a lab to experiment?

Gatorade’s Kenny Mitchell wasn’t totally sold on Snapchat advertising until he met Imran Khan, Snap Inc.’s chief strategy officer, in December of 2015.

World News

View: Modi government to sell Air India? Even the aviation minister doesn’t think anybody would want to buy the airline

It's been 16 years since Air India Ltd was last on the block. Now, India is again mulling the idea of selling 51 percent of the state-owned carrier.

Air India News

SBI sees bad loans at Indian banks worsening on slower growth

India’s weaker economic growth will lead to more soured loans, even after an audit of lenders’ books pushed stressed assets in the South Asian nation to the highest among major economies, according to the head of the coun

Banking & Finance News

Xiaomi is the Chinese threat Donald Trump should be watching

If you want an example of the threat faced by the U.S. from an emerging China, look no further than Xiaomi Corp.

World News

Mass layoffs: China plans to cut 500,000 jobs in 2017

China will further trim its bloated smokestack industries this year and support other sectors in services or internet-related businesses to create new jobs.

World News

Hootsuite: The Unicorn That Never Was

Hootsuite and its investors have never publicly contradicted its unicorn status, which can help startups attract top-drawer talent and brings with it a hefty dose of free marketing.

Industry News