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  • BUSINESS

    'Sleeping elephant' awakens

    Asia focus, Narendra Kaushik, Published on 20/08/2018

    » Umesh Thakur says he has never had it so easy and comfortable. The 30-year-old lentil vendor in Greater Noida, 40 kilometres east of New Delhi, has more than doubled his profits, built a new house, opened a new shop and bought furniture, a deep-freezer and two high-end mobile phones in the last six months.

  • BUSINESS

    Money mess

    Asia focus, Narendra Kaushik, Published on 05/12/2016

    » Saurabh Goyal is facing the worst time of his life. The director of BD Green Homes, a New Delhi real estate company, he has not made a single property deal since the government launched its surprise demonetisation campaign.

  • BUSINESS

    Oil slips, Asian stocks climb

    Published on 15/01/2015

    » HONG KONG — Oil prices resumed their downward spiral in Asia Thursday after rallying in the previous session on bargain-buying, while the dollar recovered after plunging in New York in reaction to disappointing US retail sales data.

  • WORLD

    India cuts reserve ratio, holds key rate

    Published on 30/10/2012

    » India's central bank has cut lenders' reserve requirements to back a policy revamp by the government aimed at reviving growth, while leaving interest rates unchanged to fight price pressures.

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