India's central bank will repurchase government bonds to increase the availability of cash in the banking system, a step that appears to be a partial reversal of the slew of measures it took since mid-July to tighten liquidity.
India is likely to go ahead with a plan to issue rupee-denominated bonds overseas, in a bid to attract more capital and stem the decline of the local currency.
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India's financial markets were on a roller-coaster ride, opening sharply lower for a third consecutive session, but recouping most of their losses by the end of the trading day.
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Asian stocks were mixed early Wednesday, following a dramatic two-day selloff. Tokyo shares rose 0.5%.
The National Spot Exchange, India's largest commodity spot exchange that shut operations following regulatory probes over possible trading violations, said its board has removed Anjani Sinha as chief executive.
The S&P; 500 rose Tuesday, snapping a four-day streak of declines, as a handful of retailers reported better-than-expected earnings and investors waited to hear more on the future of the Fed's easy monetary policy.
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Goldman Sachs sent waves of erroneous orders into the stock-options market, a misfire that could cost the Wall Street firm hundreds of millions in losses.
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The parent of Japan's All Nippon Airways says its soon-to-be defunct budget carrier venture with AirAsia will be reborn as Vanilla Air in November.
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Al Jazeera has sued AT&T; for dropping the Qatari-backed broadcaster's new U.S. channel on the eve of its launch.
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Longtime employees at the SEC say they can't remember another time when so many high-ranking officials have come and gone.
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Ministry of Defense IndiaThe Indian Air Force has flexed its muscles by landing a C 130J-30 Super Hercules on an airstrip in a disputed border area with China, an achievement the Ministry of Defense called a "significant capability demonstration."
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Agence France-Presse/Getty ImagesAt the outset of this year's festival season, people are selling gold and silver instead of buying the precious metals.
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Agence France-Presse/Getty ImagesIndia's information and broadcasting minister has proposed an exam for journalists to qualify them for a reporter's license, the latest move to regulate the country's press.
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Tekee Tanwar/Agence France-Presse/Getty ImagesWith onion prices in India skyrocketing, here's a recipe for a delicious dinner that doesn't need the much loved ingredient.
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The role of Bo Xilai's chief defense lawyer isn't about defeating the charges against the ousted politician but helping to ensure that the trial goes according to plan.
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North Korea is making a multipronged effort to tackle the threat to regime stability from the rising voice of defectors.
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No, it's not a myth: How exposing the body to extreme temperature swings can lower our natural defenses
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In favoring the aggressive but fallible Simon Kerrigan, the England selectors have shown a preference for combativeness over safety.
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Japan Prime Minister Shinzo Abe is weighing whether to cut the corporate tax rate, even as consumption taxes are set to rise steeply. The economics make sense—but it could be a tough sell to the public.
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Walt Mossberg reviews Roamio, a new version of TiVo that lets users watch TV content anywhere there's Wi-Fi.
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Indranil Mukherjee/Agence France-Presse/Getty Images'Raksha Bandhan', the Indian festival celebrating the bond between brothers and sisters, takes place in the third week of August this year. In pictures.
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Heavy rains in Kolkata, a priest offers prayers at a temple in Allahabad, a protest in Bihar, and more.
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ReutersElephants get a scrubbing in Sri Lanka, a bellhop delivers in Singapore, a train-accident survivor gets a lift in India, and more.
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ReutersFlash floods triggered by seasonal rains and intensified by Tropical Storm Trami left at least three dead and thousands displaced near the Philippine capital of Manila.
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Khaled Abdullah/ReutersIn today's pictures, a man jumps over camels in Yemen, baby panda Yuan Zai sleeps at a Taiwan zoo, a Benjamin Franklin statute is protected in Philadelphia, and more.
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Kamal Sellehuddin/Zuma PressFor hundreds of years, Chinese have burned "ghost money" to ensure their ancestors' comfort in the afterlife. During Hungry Ghost month, the seventh month of the lunar year, spirits and ghosts are believed to return to earth. Some Hungry Ghost celebrations around Asia.
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The Wall Street Journal and HarperCollins present an e-book that provides the most informative and in-depth reporting on crimes against women on the subcontinent and will aid in the national dialogue about how India can better treat its women.
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