INDIA
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WEF India
India Economic Summit
Global business and political leaders meet in New Delhi for a three-day summit to discuss India’s next generation of growth. Follow the FT’s coverage
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JPMorgan looks to Asian potential
The group’s India branch is increasingly targeting regional business, particularly involving China, in a reflection of the rapid growth of trade between the world’s fastest-growing large emerging markets
Gold extends record high on India purchase
Gold prices surged to an all-time high after India’s central bank bought 200 tonnes of the precious metal, swapping dollars for bullion as the country’s finance minister warned the economies of the US and Europe had ‘collapsed’
India flexes its foreign reserve muscles
India’s purchase of 200 tonnes of gold from the International Monetary Fund displayed the economic strength of the world’s two fastest growing large economies, New Delhi said
New Delhi puts hallmark on return to gold
For the past 20 years central banks have been in the grip of anti-gold sentiment. Today the picture looks decidedly different: sales in Europe have slowed to a crawl and Asian banks have started swapping their dollars for gold
IMF sells 200 tonnes of gold to India central bank
The International Monetary Fund will use the $6.7bn from the sale to shore up its long-term finances and subsidise loans to poor countries
SBI in $750m bond sale
The bank made India’s first dollar bond sale in more than a year
Shares fall on Colombo exchange
The chief executive of the Colombo Stock Exchange said she was concerned about the impact Raj Rajaratnam’s arrest for insider trading was having on the market in Sri Lanka, as shares dropped by the largest amount in nine months
Golden words to tempt Indian buyers
Gold industry groups have stepped up marketing campaigns to persuade Indians to indulge in their love affair with the precious metal, after they have been put off by higher prices this year
Study finds improved governance in India
Indian companies with above-average corporate governance standards tend to be rewarded by investors with better market valuations, an S&P study has found
Indian exchange head hits at dark pools
The head of the National Stock Exchange of India, the country’s biggest stock exchange by trading volumes, has joined the growing chorus of concern over the proliferation of ‘dark pools’
