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Heavy rains in India's financial capital Mumbai have disrupted the lives of millions of people, submerging roads and leading to flight and train cancellations. Many parts of the city remain inundated in waist-deep water, with videos showing residents swimming through waterlogged roads as garbage gushed out from clogged sewers.
Cloudbursts are causing chaos in mountainous parts of India and Pakistan, with tremendous amounts of rain falling in a short period of time over a concentrated area.
India’s new monthly labor report doesn’t give a full picture of unemployment in the economy because of the vast amounts of informal sector jobs in the world’s most populous nation, according to a well-known economist and author.
India and China should view each other as "partners" rather than "adversaries or threats", Chinese Foreign Minister Wang Yi said on Monday, as he arrived for a two-day visit to Delhi.
In some parts, just getting into a bar requires more paperwork than buying a house; ‘For a small beer can, I need to suffer so much.’
UltraTech Cement said on Wednesday it will offload a stake of up to 6.5% in its unit India Cements , valued at 7.45 billion rupees ($85.6 million) according to Reuters calculations, via open market transactions.
Billionaire Ken Griffin’s Citadel Securities has hired an options trader in India this week and plans to add more staff to bolster its operations in the South Asian nation, according to people familiar with the matter.
The Asian giants are cautiously strengthening ties against the backdrop of President Donald Trump’s unpredictable foreign policy, staging a series of high-level bilateral visits.