Topic: Bloomberg wire

When successful, intelligent, accomplished people tell their life story, you listen very carefully.

In the not-so-far future, people won’t know things we now think are essential to being “educated”: How to write in cursive, how to multiply and divide on paper, or how to spell most English words. And the forgetting of skills is only going to continue as technology advances.

Netflix is now the most highly valued media company but market value is a function of stock price, and in this case that price is based more on investors’ hopes than concrete financials.

Growth accelerated to 7.7% in the quarter ending March, making India the fastest growing major economy. Amid growing calls to pull the rate trigger, this might see the RBI increase interest rates as early as next week.

The failure is a setback to Modi’s reformist image ahead of national elections due next year. No bidder came forward to purchase 76 percent of Air India Ltd.

For oil-importing India, the combination of a weaker currency and surging oil prices is a threat not only for the current-account deficit, but also inflation.

'It would be reasonable for RBI to maintain a steady pause as the inability of banks to extend credit amid mounting bad loans is a risk to growth this year', said Kumar. 

The Indian Army wants to buy the missile as a 'stop gap' measure before the DRDO can come up with an indigenous anti-tank missile.

'Our target is to get back to double-digit growth,' said Gopinathan, and vowed to get revenue growing even faster, despite warnings from rivals like Infosys.

HDFC will close the window that permits foreigners to buy shares of India's most-valuable lender soon, which is resulting in a surge in buying.