When India's Tata Motors' Nano went on sale in 2009, the concept of the "world's cheapest car" in one of the world's fastest growing auto markets seemed pre-destined for commercial success.

India on Monday voiced caution about US-backed efforts to reach a political solution with Afghanistan's Taliban, warning against a victory for the "dark forces of terrorism."

NEW DELHI (Reuters) - India wants to take as much Iranian oil as it can because terms are "favorable", Oil Minister S. Jaipal Reddy said on Monday, after talks between the two sides last week on payment options for $12 billion of crude a year following fresh U.S. sanctions. "It will be our endeavor in future to tap the Iran source fully because the terms are fairly favorable," Reddy told ...

India’s central bank unexpectedly cut the amount of deposits lenders need to set aside as reserves for the first time since 2009 and signaled future interest-rate cuts, joining BRIC nations in aiding growth.

India’s economic growth is weakening more than anticipated and inflation remains “high” as the rupee’s fall threatens to stoke price pressures, the central bank said, signaling it may leave interest rates unchanged.

India's central bank cut the amount of deposits lenders need to set aside as reserves for the first time since 2009 and signaled future interest-rate cuts, seeking to ease a cash squeeze and join BRIC nations in aiding growth.

India’s economic growth outlook has weakened and inflation remains elevated as the rupee’s fall and fiscal spending threaten to fuel price pressures, the central bank said, signaling it may leave interest rates unchanged.

JAIPUR, India (Reuters) - The director of Asia's largest literature festival received a death threat hours before Salman Rushdie was set to address the event on Tuesday, though organizers confirmed that the author would still speak using a video link. The issue of British-Indian author Rushdie, who cancelled his visit to the festival due to assassination threats, has overshadowed the event ...

India's central bank said growth will slow to 7 percent this fiscal year, but left interest rates unchanged Tuesday as it struggles to balance a toxic mix of high inflation and a flagging economy.

India's central bank moved to pump billions of dollars into the banking system on Tuesday amid concerns about slowing growth in Asia's third-biggest economy but said it was too soon to cut interest rates.