SUVs account for 99% of Mahindra's passenger vehicle sales.
Interview

India's Mahindra plans $1.4bn EV buildup, CEO says, as it chases Tata

EVs to make up 20% to 30% of Mahindra's sales volume, Anish Shah says

28 August 2024
Japan's Daiso Industries opened its first store in India in 2022 in the northern city of Chandigarh. (Daiso Industries)
Consumer

Japan's Daiso aims for 200 stores in India and more local sourcing

Hundred-yen store operator expects to have 50 Indian outlets by early 2027

28 August 2024
Merger of Reliance Industries and Disney's Indian unit will create India's biggest entertainment player.
Business deals

Disney and Reliance win approval for $8.5bn India merger

Reliance-Disney merger will challenge giants like Sony, Netflix and Amazon

28 August 2024
The Adani Group is expanding investments in airports and energy businesses. (Nikkei montage/Photos from Reuters)
Adani Group

Indian billionaire Adani and family to further sell group shares

Adani Group's total market valuation recovers from Hindenburg row

28 August 2024
A mainstream supermarket in Sri Lanka: A recent shopping trip by the author drove home the extent to which local agriculture has declined. (Photo by Zinara Rathnayake)
Tea Leaves

You can learn a lot from a country's supermarkets

Sri Lanka's economic crises and farming decline have driven up prices, led to shortages

28 August 2024
Rohingya refugees in Cox's Bazar shout slogans to mark the seventh anniversary of their fleeing to Bangladesh from neighboring Myanmar to escape a military crackdown in 2017.
Bangladesh turmoil

Stateless Rohingya put faith in Bangladesh leader Yunus

Refugees hope head of caretaker government resolves stalled repatriation efforts

27 August 2024
Charred vehicles remain on a highway after separatist militants conducted deadly attacks in the Balochistan province of Pakistan on Aug. 26.
Terrorism

More than 70 dead after militant attacks in Pakistan's Balochistan

Ethnic insurgents seek secession of resource-rich Balochistan

27 August 2024
India's Prime Minister Narendra Modi addresses the media after his meeting with President Droupadi Murmu, to stake claim to form the new government in New Delhi on June 7.
Politics

India's Modi government pulls key policies, bills after backlash

Weakened BJP withdraws recruitment ad, controversial draft broadcast law

26 August 2024
A woman dresses her child at a hospital in Bamiyan, Afghanistan, in March 2023. Since taking over in 2021, Taliban authorities have barred women from universities and most charity jobs, but they have made exemptions in the healthcare sector.
Opinion

U.N. must focus on improving lives of suffering Afghans

Dialogue may persuade Taliban to accept goals within its hard-line ideology

26 August 2024
Rohingya refugees gather in Cox's Bazar, Bangladesh, on Aug. 25 to mark the seventh anniversary of their fleeing from neighboring Myanmar to escape a military crackdown in 2017.
Myanmar Crisis

Rohingya demand end to violence on 7th anniversary of flight from Myanmar

1m-plus in squalid Bangladesh camps have little prospect of returning home

25 August 2024
Indonesian and American soldiers will take part in Super Garuda Shield joint training exercises in Java and Sumatra this week. 
Your Week in Asia

Indonesia-U.S. maneuvers, BHP earnings, Indian economy data

Your weekly lineup of Asia's biggest business and political events

25 August 2024
Female workers in Bangladesh's garment factories face numerous pressures and hurdles.
Society

Bangladeshi women in garment industry held back by knowledge gap

'Magic bullet' of education seen as key to opening up managerial opportunities

25 August 2024
Sheikh Hasina, who clung to power as Bangladesh's prime minister for 15 straight years, was the world's longest-serving female head of government.
Comment

The downfall of Sheikh Hasina, Bangladesh's 'Iron Lady'

Daughter of country's independence hero became an authoritarian ruler

24 August 2024
Indian Prime Minister Narendra Modi, left, and Ukrainian President Volodymyr Zelenskyy meet in Kyiv on Aug. 23 amid Russia's ongoing war with Ukraine.
Ukraine war

Modi meets with Zelenskyy in Ukraine weeks after Putin hug

India leader says both sides should sit down together to resolve crisis

24 August 2024
India's securities watchdog says Anil Ambani orchestrated a scheme to "siphon off" funds from Reliance Home Finance, a listed subsidiary of conglomerate Reliance Group, of which he is chairman.
Markets

Anil Ambani banned from Indian securities market for 5 years

Securities and Exchange Board of India also imposes $3m fine

23 August 2024
New Gwadar International Airport, set to be Pakistan's largest air hub by size, was built with a $246 million grant from China. (Screenshot from New Gwadar International Airport's Facebook page) 
Transportation

Pakistan delays China-funded airport opening over security fears

Critics say $246m 'vanity' project risks turning into a white elephant

23 August 2024
Stream article image
Photos

Through the lens: Eye on Asia for the fourth week of August

A selection of striking photos from across Asia

23 August 2024
Taliban fighters in Kabul celebrate the third anniversary of the withdrawal of U.S.-led troops from Afghanistan on Aug. 14.
Politics

Taliban ban women from uncovering their faces or singing in public

Step is part of 'vice and virtue' laws published this week by Afghanistan's rulers

23 August 2024
Indian billionaire Kumar Mangalam Birla, left, is battling rival Gautam Adani for control of India's cement sector, the world's second-biggest. (Nikkei montage/Source photos by AP and Reuters) 
Business Spotlight

Indian billionaires Adani and Birla wage 'cement war'

Expansion by rivals could spur price cuts in world's second-biggest market

23 August 2024
Leaders seeking to lift productivity cannot ignore the experience of employees, as it is engaged and enabled employees who deliver organisational outcomes.
Opinion

Want to unlock AI productivity? Then don't forget the employee experience

Companies need to rethink how they lead and engage their workers

23 August 2024
Members of the Sri Lankan military board a smuggling ship as part of a training exercise on maritime crime near Trincomalee. (Photo by Takayuki Tanaka)
Indo-Pacific

Indo-Pacific nations embrace U.N. exercises to fight maritime crime

China provocations contribute to growing interest in boosting security

23 August 2024
MUFG Bank previously invested 19.1 billion rupees in DMI Finance in 2023.
Finance

Japan's MUFG Bank to invest additional $330m in India's DMI Finance

Financial group builds on 2023 stake as partnership progresses

22 August 2024
A Russian-owned oil tanker. An Indian refiner says the country's "requirement for Russian oil is going to go up as long as there are no further tightening of sanctions."
Trade

India surpasses China to become Russia's top oil buyer in July

Russian crude makes up a record 44% of India's overall imports

22 August 2024
Japan's Defense Minister Minoru Kihara spoke with Nikkei in New Delhi on Aug. 20. (Photo by Satoshi Iwaki)
Interview

Japan calls for 'integrated joint exercise' with India

Defense Minister Kihara seeks tighter military relations between two nations

21 August 2024
Departures: Japan's Fumio Kishida, Sheikh Hasina of Bangladesh, and Srettha Thavisin of Thailand. (Source photos by Wataru Ito and Reuters)
Opinion

Rash of departing Asian PMs shows how parochial politics stifles economies

Region's leaders need to draw lessons from departures in Japan, Thailand and Bangladesh

21 August 2024