Latest India Headlines
All the headlines from our India Topic Page, ordered by recency.
Special Reuters Report: America’s Route to Recovery
Dec 29 2009 // When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city. After graduating from high school...
Allianz Forecasts Emerging Asian Markets to Lead Global Growth in 2010
Dec 10 2009 // An anlaysis from Allianz Insurance Management Asia Pacific concludes that regional GDP is expected to grow by 6.7 percent in 2010, with Asia contributing “almost 39 percent to next year’s global economic...
China, Other Big Developing Countries Reject Copenhagen Climate Plan
Dec 3 2009 // China and other big developing nations rejected core targets for a climate deal such as halving world greenhouse gas emissions by 2050 just five days before talks start in Copenhagen, diplomats said Wednesday. China, the...
Climate Talks Now ‘in the Balance,’ But Some Hints of Progress
Oct 20 2009 // Prospects for a new U.N. climate pact in December remained in the balance after talks among big emitters on Monday but with signs of action by Brazil, India and Australia. “It’s more do-able today than...
Doha Round Talks Now an ‘End-Game’ Says Australian Trade Minister
Sep 3 2009 // The World Trade Organization’s Doha round to free up trade is nearly complete and world leaders are voicing the political will to reach a deal next year, Australian Trade Minister Simon Crean said on Wednesday. But...
AIG to Sell Hong Kong Consumer Finance, India IT Units
Aug 12 2009 // American International Group, seeking to raise cash to repay around $180 billion in bail-out loans, has agreed to sell its Hong Kong consumer finance and India-based IT services units. China Construction Bank (CCB) Asia,...
El Nino Weather Pattern Increasing Says Australian Weather Bureau
Jul 8 2009 // The development of an El Nino weather pattern is increasing and at this stage may be a medium-strength event, but it could take months for it to be officially declared, Australia’s weather bureau said. “We are...
Microinsurance Industry Sees Profits from the Poor
Jun 25 2009 // Slum-dweller Krustin bin Juri lost everything when floodwaters swept through his home and shop on the banks of Jakarta’s filthy Ciliwung river two years ago. But when the next flood hits, and it will because Jakarta...
New Aon Terrorism Threat Map Shows Shift in Sphere of Conflict
Jun 3 2009 // Aon has just issued the latest version of its “Terrorism Threat Map.” The most significant change from previous maps shows a “shift in Islamist terrorist activity from the Middle East to South...
UPDATE: Cyclone Aila Death Toll up to 168 in India, Bangladesh
May 28 2009 // The death toll from Cyclone Aila in eastern India and Bangladesh rose to at least 168 on Wednesday, officials said, while heavy rains after the storm caused deadly mudslides and slowed rescue efforts. The toll was expected...
40 Killed as Cyclone Aila Hits India, Bangladesh
May 27 2009 // The death toll from Cyclone Aila reached 40 on Tuesday after it lashed eastern India and Bangladesh and stranded thousands in their flooded villages, officials said. The storm destroyed nearly 3,000 thatched and mud houses...
Credit Insurer Coface Downgrades 28 Countries, 19 on Negative Watch
Apr 10 2009 // Trade credit insurer Coface notes that the current “credit crisis, which entered its second phase in the fourth quarter of 2008, is worsening in all regions. After observing a decline in the average financial...
El Nino Study Challenges Global Warming Intensity Link
Mar 24 2009 // Research showing an El Nino event in 1918 was far stronger than previously thought is challenging the notion that climate change is making El Nino episodes more intense, a U.S. scientist said on Tuesday. El Nino causes...
Ratings: Swiss Re (Canada), New India, Transsib Re, HDI, Willow Re (Notes), Euro Arab
Feb 3 2009 // A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Swiss Reinsurance Company Canada and has assigned a category NR-5 (Not...
Corporate Fraud Scandals Can Detonate Anywhere
Jan 9 2009 // When it comes to corporate fraud scandals, nowhere is safe. Revelations of a $1 billion fraud at Indian IT firm Satyam Computer Services do not point to a higher systemic risk of accounting scandals in India, or even in...
Foreign Companies Review Security after Mumbai Attacks
Dec 5 2008 // Foreign companies in India are reassessing their security to cope with changing threats after the three-day rampage and siege by Islamist militants in Mumbai last week, risk consultants said on Friday. Foreigners appear to...
IAG, State Bank of India Agree to Form General Insurance Joint Venture
Nov 24 2008 // Insurance Australia Group Limited (IAG) and State Bank of India (SBI) announced that they have signed a joint venture agreement to establish a general insurance company in India, which is expected to commence trading in...
India’s Tata Sons Eyes Stake in AIG Asia Unit, Sources Say
Oct 17 2008 // India’s Tata Sons has been in talks to buy a stake in AIA, a major Asian unit of American International Group, sources close to the matter said. The U.S. insurance giant has been seeking to sell assets after nearly...
‘Dramatic’ WTO Farm Deal Close If Talks ‘Can Be Revived’
Aug 14 2008 // A world trade deal that dramatically opens livestock markets in the European Union, Canada and Japan is within grasp, if talks that collapsed last month in Geneva can be revived. U.S. Trade Representative Susan Schwab...
Marsh India Promotes Kedia to CEO, Country Manager
Aug 12 2008 // Marsh has announced the promotion of Sanjay Kedia to CEO and Country Manager for Marsh India Insurance Brokers Private Limited (Marsh India). He takes over from Jonathan Bitcheno, who has retired to his native New Zealand...
