"Companies across various industries are exploring alternative avenues to raise capital," says Piramal Alternatives CEO Kalpesh Kikani. (NIKKEI montage/Source photo by Ken Kobayashi and logo from Piramal Alternatives website)
DealStreetAsia

India's Piramal Alternatives bullish on private capital

CEO says firm plans 'strategic' deployment of $1.5bn in fresh funds

7 September 2023
A civil society gathering in the Kangpokpi district of Manipur on Sept. 3 marks four months of ethnic violence in the Indian state. (Photo by Greeshma Kuthar)
Politics

Violence in India's Manipur flares despite Modi call for peace

Two dozen Kuki holdouts removed from state capital after months behind barricades

7 September 2023
A paramilitary soldier stands guard outside a hotel in New Delhi on Sept. 2 during a rehearsal ahead of the Group of 20 summit.
G20 Summit

India deploys 'high alert' G20 security in capital and online

Life in Delhi disrupted as the city prepares to welcome the world

7 September 2023
Indian Prime Minister Narendra Modi in South Africa on Aug. 22: New Delhi has pushed for the inclusion of the African Union as a permanent member of the G20. (Handout via Reuters)
Opinion

As G20 president, India has made the global table larger

Promotion of inclusive technology is opening way to narrow inequalities

7 September 2023
Stranded trucks are seen during an earlier closing of the Torkham border between Pakistan and Afghanistan in February.
Afghanistan turmoil

Pakistan shuts Afghanistan crossing as deadly clashes raise tensions

Four Pakistani soldiers, 12 militants and several civilians reported killed

7 September 2023
Stream article image
Most read in 2023

China's Belt and Road at crossroads as more loans turn sour

10 years in, Beijing enjoys greater clout but new investments trend down

7 September 2023
Suzuki Motor also plans to roll out 6 electric vehicles in India. (Photo by Koji Uema)
Environment

Suzuki to open Indian biogas plants from 2025 with partners

$27m project to produce carbon-neutral automobile fuel from cow manure

7 September 2023
Cricket fans hoist Indian flags with the name "Bharat" in 2017: Group of 20 dinner invitations in the name of the "President of Bharat" have sparked a debate this week over the future of the name "India."
Politics

India or Bharat? G20 dinner invitation triggers name change row

Opposition slams abrupt switch to Hindi term as part of Modi's nationalist agenda

6 September 2023
Parliamentary voting in Male in 2019: The Maldives' electoral democracy is limited while rising religious intolerance has increased the stakes of the upcoming polls.
Opinion

For the Maldives, this election season has only brought worries

Outcome could bring friction with India and pressure on democratic rights

6 September 2023
British Prime Minister Rishi Sunak and his wife Akshata Murty attend King Charles' coronation ceremony in London in May.
International relations

Sunak scrutinized over India trade talks and wife's Infosys stake

Controversy set to overshadow British PM's trip to New Delhi for G20 summit

6 September 2023
Hero MotoCorp, which already holds a 33.1% stake in Ather, is betting on rising consumer interest in electric two-wheelers. (NIKKEI montage/Screenshot from the Hero and Ather websites)
DealStreetAsia

India's Hero MotoCorp to add $66m more into EV maker Ather Energy

Investment comes as nation's interest in electric vehicles grows

6 September 2023
MUFG Bank plans to employ around 2,000 people at its Indian unit in three years. (Photo courtesy of MUFG)
Finance

MUFG Bank, Mizuho plan big expansion in India for back-office ops

Japan's top banks accelerate move out of U.S. and Europe as costs surge

6 September 2023
Zeng Qinghong, a former vice president who played an important role in Xi Jinping's rise to power, is now at the forefront of a group of party elders checking Xi. (Nikkei montage/Source photos by Yusuke Hinata, Ken Kobayashi and Kyodo)
China up close

Analysis: Xi reprimanded by elders at Beidaihe over direction of nation

G20 absence hints at turmoil in Chinese domestic politics

5 September 2023
AXiaomi store in Mumbai: The phone maker has seen its offices raided for alleged foreign exchange violations and some of its bank deposits seized by Indian authorities.
Opinion

Foreign investors just aren't sold on India

FDI is falling as companies still find competitors like Vietnam more attractive

5 September 2023
Leaders of ASEAN and G20 nations gather this month with climate change, and how to finance tackling it, looming large after one of the hottest summers on record. Illustration by Hiroko Oshima
Asia Insight

Indonesia climate deal in $20bn gridlock as Vietnam, India on hold

'Breakthrough' funded by G7+ investors misses deadline; Hanoi's $15.5bn plan delayed

5 September 2023
Women supporters of Pakistan's Jamaat-e-Islami party protest against power price hikes in Karachi on Aug. 31.
Economy

Pakistan's inflated electricity rates spark public uproar

Citizens burn bills and protest but IMF terms leave government few options

4 September 2023
The annual Semicon Taiwan -- one of the most important events for the semiconductor industry -- will take place from Wednesday to Friday.
Your Week in Asia

ASEAN summit, Semicon Taiwan, Biden visits Vietnam

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

3 September 2023
After successfully reaching the moon, India has turned its sights on the sun, which it aims to study from a vantage point in space known as L1. (ESA & NASA/Solar Orbiter/EUI team handout via Reuters)
Aerospace & Defense Industries

India launches sun probe after moon landing success

Aditya-L1 to travel about 1.5m kilometers to observe solar activity

2 September 2023
A paper mill outside St. Petersburg. Russia is a leading paper producer, thanks to its abundant forest resources.
Commodities

Deepening China-Russia ties revealed in paper products trade

Increased purchases, despite slump, are said to be 'de facto' support for Moscow

2 September 2023
Investors increasingly see China as distinct from emerging economies.
Finance

New ETF tracks China's growth separate from emerging markets

KraneShares fund seeks to manage risk and leverage value as distinct asset class

2 September 2023
India play Pakistan in last year's cricket Asia Cup in Dubai on Aug. 28, 2022.
International relations

Pakistan and India set for fresh clash -- on a cricket field

Regional rivals are due to play several games over next two months

1 September 2023
Bhutan's decision to discount its "sustainable development fee" for tourists, roughly a year after raising it, highlights the difficulty of calibrating the amount of traffic. (Photo by Phuntsho Wangdi)
Travel & Leisure

Bhutan halves $200 daily tourist tax to spur sluggish recovery

Discount until 2027 highlights challenge of balancing economy, sustainability

1 September 2023
Construction workers build the Ahmedabad-Mumbai High Speed Rail corridor in Ahmedabad, India in May: Heavy spending on infrastructure is fueling the economy.
Economy

India GDP growth hit 7.8% in April-June, fastest in a year

Economy accelerates on services, capex but coming months may bring headwinds

31 August 2023
Beijing this week published the 2023 edition of its "standard map" of China. (Screenshot from the Ministry of Natural Resources of China's website)
International relations

Malaysia, India and Taiwan reject China's new territorial map

Indian state and some Malaysian waters now inside 'nine-dash line'

31 August 2023
Apple opened its first directly run store in India this April. (Photo by Ryosuke Hanada) 
Trade

India's PC import curbs draw U.S. concerns

Washington wants time to review licensing scheme ahead of November start

31 August 2023