India | featured news

Northern India's power grid crashed Monday, halting trains, forcing hospitals and airports onto backup power and providing a dark reminder of the nation's inability to feed a growing hunger for energy as it strives to become an economic power....

After years of shipping data-processing, accounting and other back-office work abroad, some healthcare companies are starting to shift clinical services and decision-making on medical care overseas, primarily to India and the Philippines. Some of the jobs being sent abroad include so-called pre-service nursing, where nurses at insurance firms, for example, help assess patient needs and determine treatment methods.

The global economy is in the worst shape since the dark days of 2009. Six of the 17 countries that use the euro currency are in recession. The U.S. economy is struggling again. And the economic superstars of the developing world - China, India and Brazil - are in no position to come to the rescue. They're slowing, too.

The economies of Brazil, Russia, India and China account for 20 percent of the world economic output, and rising. That’s up four fold in the last decade, according to a report released yesterday by the International Monetary Fund. Despite the growth, problems in the core economies had made the post-2008 world a difficult one for the big four emerging markets.

Coal may be dying in the United States, but it’s still the world’s preferred fuel for generating electricity — especially in China and India. And that’s why many energy experts think it’s so crucial to figure out how to capture carbon from all those coal plants and stash it deep underground.

Coca-Cola Co. says it will invest an additional $3 billion in India through 2020 as it looks to capitalize on the growing market. The world's biggest beverage maker, whose brands include Minute Maid, Dasani and Powerade, has seen some of its biggest gains come from emerging markets as growth at home has slowed.

The Indian government plans to take steps to boost exports and increase dollar inflows to give a much-need lift to the economy and arrest the slide in the Indian rupee, a senior official from the finance ministry said Saturday.

Proponents of so-called "green accounting" - gathered in Rio de Janeiro this week for the Rio Earth Summit - hope that putting dollar values on resources will slam the brakes on unfettered development. A mentality of growth at any cost is already blamed for disasters like the chronic floods that hit deforested Haiti or the raging sand storms that have swept regions of China, worsening desertification.

India, a country best-known for its rising economic might, is the worst place to be a woman among the world’s biggest economies, and Canada the best, according to a survey of experts published Wednesday... “Canada leads the pack with its promotion of women’s access and opportunities across various sectors of society, including education, economic participation and health care,” Sarah Degnan Kambou, president of the International Center for Research on Women in Washington, which took part in the survey, told TrustLaw.

India's industrial output was flat in April, deepening worries of an economic slowdown in Asia's third-largest economy and upping the pressure on the central bank to cut interest rates next week.