Coal is big business in a growing India. And when it comes to coal, Coal India contributes almost four-fifths of India’s total production. In July, the powerhouse floated a tender seeking joint business initiatives in coal mining in Australia, the U.S., South Africa and Indonesia as it sought to secure fuel supplies for the world’s [...]

Indians turned out in steady numbers today to pick a new federal government in a month-long general election. The elections will run until next month in several stages of scattered polling. At that point, elections officials will count the vote electronically in a single day — on May 16, three days after the last round [...]

GE CEO Jeffrey Immelt told the FT this weekend that China and India would rescue the corporation from the credit crunch, throwing his weight behind the theory of “decoupling.” Immelt also said that the sovereign wealth funds were also having a big impact on the global economy, which in some ways is helping GE’s [...]