World Business News

The Securities and Exchange Board of India (Sebi) is planning to make clarifications in the Qualified Foreign Investor (QFI) framework that will enable non-resident Indians (NRIs) to make investments, according to people familiar with the development.

European leaders will gather Wednesday for informal talks amid new threats to the troubled euro currency union.

As Iran continues to grapple with the West over its nuclear ambitions, experts say the nation could double its already sizable oil output if sanctions were lifted to allow foreign investment into its oil industry.

At a time when most Indian drug makers are launching generics to monetise patent expiries in the US, Glenmark has chosen to walk a road less travelled. The company has chosen a strategy to capture niche segments with limited competition, such as dermatology and oral contraceptives, in the world’s largest drug market.