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India’s rupee hits record low against the dollar

In this photograph taken on December 7, 2011, different denominations of Indian Rupee currency notes lie on a surface in New Delhi.  India's rupee hit a record low of 57.37 against the dollar on June 10, 2013, on growing demand for dollars among oil importers, while the greenback was also boosted by upbeat US jobs data.   AFP /Manan VATSYAYANA/FILES

India’s rupee hit a record low of 57.54 against the dollar on Monday, on growing demand for dollars among oil importers, while the greenback was also boosted by upbeat US jobs data.

Posted: June 10th, 2013 in Latest Business Stories | Read More »

Filipino rice farmers urged to follow India

INQUIRER FILE PHOTO

Filipino farmers are starting to use the rice-growing method that has recently made India the world’s top rice exporter.

Posted: May 24th, 2013 in Latest Business Stories | Read More »

India car sales shrink for first time in decade

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India’s passenger car sales shrank for the first time in a decade, falling 6.7 percent in the year to March, hit by a slowing economy and high interest rates, a top industry body said Wednesday.

Posted: April 10th, 2013 in Latest Business Stories | Read More »

Indo-Canadian student gives boost to cancer treatment

Arjun Nair receives his prize.  PHOTO FROM FACEBOOK.COM

A Canadian high school student has improved an ineffective experimental cancer therapy with a simple tweak—pairing it with antibiotics—earning accolades Tuesday from a panel of eminent scientists.

Posted: April 10th, 2013 in Latest Business Stories,Photos & Videos,Science and Health | Read More »

Biz Buzz: PCSO’s P1B windfall

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The conflict between Philippine Charity Sweepstakes Office (PCSO) and Pacific Online Systems Corp., on one side, and Malaysian conglomerate Berjaya, on the other, has turned into a full-blown war.   Berjaya’s local unit, Philippine Gaming Management Corp. (PGMC), came out with guns blazing last week, accusing PCSO and Pacific Online of all sorts of monkey [...]

Posted: April 1st, 2013 in Editor's Pick,Headlines | Read More »

New Indian-made electric car to hit the roads

The four-seater, two-door e20  PHOTO FROM MAHINDRA.COM

Top Indian utility vehicle maker M&M on Monday launched the most advanced home-grown electric car yet seen, pricing it at $11,000 and saying it hopes to sell the hatchback abroad next year.

Posted: March 19th, 2013 in Latest Business Stories | Read More »

AirAsia’s Indian venture plans take-off by yearend

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FILE PHOTO

Asia’s biggest low-cost carrier AirAsia said Thursday its new airline joint venture with India’s giant tea-to-steel Tata conglomerate may start operations by yearend.

Posted: February 22nd, 2013 in Latest Business Stories | Read More »

AirAsia plans budget airline in India

air-asia-logo

AirAsia, Southeast Asia’s top budget carrier, said Wednesday it will set up an airline with India’s Tata conglomerate to tap the world’s second most populous nation after moves to liberalize its airline industry.

Posted: February 21st, 2013 in Latest Business Stories | Read More »

AirAsia, India’s Tata propose joint airline

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air-asia-logo

Asia’s largest low-cost carrier AirAsia on Wednesday announced plans to invest in an airline joint venture with India’s giant Tata conglomerate and another party.

Posted: February 21st, 2013 in Latest Business Stories | Read More »

Indian wages set to grow by over 10%, leading Asia; PH by 7.2%

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An Indian police officer, left, shouts as he tries to stop workers from marching toward the state legislature complex on the first day of a two-day strike in Hyderabad, India, Wednesday, Feb. 20, 2013, to protest  rising prices and government policies to open the economy. Even with India's economy growing at its slowest pace in a decade, average salaries in the country are projected to jump by more than 10 percent in 2013, a new survey forecast on Wednesday.  AP/MAHESH KUMAR A.

Even with India’s economy growing at its slowest pace in a decade, average salaries in the country are projected to jump by more than 10 percent in 2013, a new survey forecast on Wednesday.

Posted: February 21st, 2013 in Latest Business Stories,Photos & Videos | Read More »

Nokia slams India tax raid as ‘excessive’

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Finnish phone giant Nokia said Tuesday it had protested to the Indian government over a tax raid at one of its factories in South India, slamming the action as “excessive and unacceptable.”

Posted: February 13th, 2013 in Latest Business Stories | Read More »

India out to export more goods to PH

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India’s pharmaceuticals industry players are keen on boosting exports to the Philippines, noting the significant price savings that consumers can enjoy for reliable products that are already being shipped worldwide, officials said.

Posted: January 25th, 2013 in Headlines | Read More »

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