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PHL, India sign agreements on maritime security, other areas

THE GOVERNMENTS of India and the Philippines on Friday signed four agreements that will strengthen ties in maritime security, tourism, science and technology, and cultural cooperation.

Mega mergers fail to lure funds to India’s state-run bank stocks

INDIA’S BIGGEST bank overhaul in decades to merge state-run lenders beset with bad loans and low capital hasn’t convinced investors to increase holdings of the shares.

Shadow bank crackdown accelerates in India

INDIA IS stamping out shadow financiers at the fastest pace in recent years, in the latest blow to a beleaguered sector battling a prolonged funding crunch due to rising wariness toward it in the nation’s credit markets.

Visa critical of India’s plan to ax debit transaction fees

MUMBAI — Global card payments group Visa is critical of the Indian government’s decision to boost adoption of electronic payments by requiring banks and card payment networks to offer no-fee debit card transactions, a senior Visa executive said.

India bans most popular game over fear of creating ‘psychopaths’

INDIA doesn’t have much of a history with popular computer games, unlike the US or Japan. But now one of the industry’s kill-or-be-killed titles has become a smash hit — and the backlash from the country’s traditionalists is ferocious.

Fastest-growing major emerging market holds shaky crown as risks mount

MUMBAI/NEW DELHI — India’s world-beating economic growth is running up against some big risks: high oil prices, emerging market stress as the era of easy money draws to a close, and policy paralysis in the run-up to next year’s federal election.

Facebook and Google chase a new $1 trillion payments market

Surendrasingh Sucharia always has a few thousand rupees in his pocket, but can’t recall the last time he used cash. The 29-year-old product manager...

Direct flights to India expected to boost two-way visitor traffic

INDIA EXPECTS additional direct flights to and from the Philippines to expand visitor traffic both ways, its ambassador said.

Emerging-market carnage sidesteps India as locals buy stocks

As emerging-market stocks reel under the pressure of a rising dollar and fiery trade rhetoric, Indian equities are charting a different course. The nation’s benchmark...

China Accuses U.S. of Trade `Abuses’ as India Hits Back at...

THE global trade war deepened Thursday with China reiterating it will hit back if the latest tariff threats from Donald Trump materialize, while India followed the European Union in slapping retaliatory levies on U.S. goods.

India urges global planemakers to ‘Make in India’

MUMBAI -- India wants to encourage aircraft makers to manufacture in the country, starting with components and moving eventually to complete aircraft, Aviation Minister...

India police investigate AirAsia boss Tony Fernandes

New Delhi -- India's federal police Tuesday raided the local offices of budget carrier AirAsia as investigators accused the airline's boss Tony Fernandes of...

India, Indonesia among Asia’s most debt risky nations

THE PHILIPPINE Institute for Development Studies (PIDS) wants to broaden the level of transparency in the government's foreign investment negative list.

Singapore bourse sued by India exchange in dispute over futures

The National Stock Exchange of India Ltd. sued Singapore Exchange Ltd. in a Mumbai court, escalating a dispute that threatens to leave international investors...

Critics say India heritage scheme means Taj Mahal privatization

NEW DELHI — Heritage activists Sunday accused the Indian government of trying to privatize historic relics such as the Taj Mahal after it launched...

Indian firm wants to join PH telco market — Duterte

By Arjay L. Balinbin President Rodrigo R. Duterte announced on Tuesday, Feb. 20, that an Indian firm is seeking to invest in the Philippines’ telecommunications...

Duterte receives trade agreements, unfazed by terrorist threat during India visit

PRESIDENT Rodrigo R. Duterte is undaunted by the alleged ISIS threats against him during his stay in India for the ASEAN summit and the...

Duterte’s passage to India yields 9 investment deals

By Arjay L. Balinbin THE PHILIPPINES has inked nine investment agreements with Indian corporations, Trade Secretary Ramon M. Lopez said on Thursday, Jan. 25, amid...

Arundhati Roy: the literary canary in India’s coalmine

NEW DELHI, INDIA — She may have returned to publishing fiction after a two decade hiatus, but Indian writer Arundhati Roy says she has...

Puma accused of defacing Indian heritage for shoe commercial

NEW DELHI — Global sportswear giant Puma was accused Tuesday of irreversibly damaging 17th-century architecture in Delhi’s historic quarter as part of an advertising...

Modi’s big economic gamble in tatters as cash remains king

CORRUPTION, black money, terrorism, fake currency — Prime Minister Narendra Modi resolved to eliminate all in one stroke when he announced India’s biggest-ever cash...

India bond party set to cool amid inflation, fiscal risks

THE BULL RUN in Indian sovereign bonds is petering out as accelerating inflation and the risk of worsening public finances cloud the outlook for...

Beatles fans, start planning your pilgrimage to India now

By Patrick Scott, Bloomberg PAUL SALTZMAN was stoned — not on drugs, but on inner peace — as he sat cross-legged in an ashram bungalow...

India set to replace China as Asia’s growth engine

SYDNEY -- India is poised to emerge as an economic superpower, driven in part by its young population, while China and the Asian Tigers...

Trump Towers going up fast in country close to US

HONG KONG — In western India, a pair of shiny black Trump buildings with gold insignia tower over the city of Pune. In nearby...

Slowdown-hit Indian economy counts costs of stronger rupee

NEW DELHI -- India’s stronger currency has become a threat for its growth aspirations, piling pressure on the central bank to aggressively intervene in...

The Indian woman defying body stereotypes through yoga

MUMBAI, INDIA -- A plus-sized Indian woman is challenging body stereotypes and defying internet trolls with a series of yoga videos that are proving...

China, India account for half world’s pollution deaths in 2015

China and India accounted for more than half of the total number of global deaths attributable to air pollution in 2015, a study published...

India court tells tobacco industry to adopt strict warnings

NEW DELHI — India’s highest court on Wednesday, ordered cigarette manufacturers to comply with controversial new rules requiring bigger health warnings on packets that...

Bollywood studios eye profits at last as India goes smartphone mad

MUMBAI -- India’s all-singing, all-dancing movie hits capture the attention of hundreds of millions of fans -- but they generate precious little in box...

HOLI in Manila

THE Asia Society Philippines and SM by the Bay present the 4th annual Holi Festival in Manila on March 20 at SM by the...

Indian medical students bring Holi to Davao

By Maya M. Padillo DAVAO CITY -- Indians, mainly medical student who have made Davao their temporary home, are bringing their Holi Festival of Colors...