Essar Group To Profit From Indian Rupee's Depreciation, Helped By Billionaire Owners' Strategy
The Indian rupee's recent free fall -- more than 10 percent in 2013 -- will benefit India's $27B Essar Group.
Asian Markets Upbeat As Hopes Rise Of A Continuation Of The US Fed's Bond-buying Program After US GDP Is Revised Down
Asian markets rallied Thursday after a sharp downward revision of US GDP rekindled hopes that the US Fed might stretch its asset-purchase program.
Chip Starnes, An American Executive Held Hostage in China Says Compensation Will Be Paid To Chinese Workers, Expects To Be Released Soon After
Chip Starnes, CEO of Specialty Medical Supplies, said that an agreement has been reached with employees who have held him in his Chinese factory.
Where Have You Gone, Norman Tebbit: Should British-Asians Support England’s National Cricket Team?
Should British-Asians support English sports clubs, even against the teams from India and Pakistan?
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Egypt, Ethiopia Water Dispute Threatens Nations
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Gold Hits A Three-Year Low After Falling Similarly On Tuesday; Silver Down, Dollar Up
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US Tops China As Most Favored Nation For Foreign Direct Investment
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Wal-Mart India CEO Raj Jain Leaves As Company Struggles In The Country Amid Government, Internal Investigations
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US Reclaims Top Spot In Foreign Investor Confidence Index After 12 Years
The U.S. is once again, after a dozen years, the preferred destination for foreign investors, overtaking China and other emerging economies.
India Seeks Gentler, Kinder Border Ceremony With Bangladesh, In Contrast To Aggressive Theatrics On Pakistan Border
India and Bangladesh hope to stage peaceful, congenial border ceremonies, unlike the Pakistan frontier aggression and tension.
India's Stock Market Regulator, SEBI, Announces Significant Amendments To Foreign Investment Norms
India's market regulator, SEBI, eases investment norms for foreign investors to encourage fund flows to the deficit-riddled country.
India's RBI Restricts Lending Against Gold, Gold linked ETFs, Mutual Funds By Rural Banks To Curb Heavy Imports
India's central bank imposed restrictions on lending against gold by rural banks to discourage demand and reduce imports.
Asian Markets Mostly Gain On Upbeat US Data; Shanghai Composite Index, Gold Extend Slide
Strong US data helped boost most Asian stocks and drive down gold futures, while the Shanghai index continued to fall, despite PBoC's assurances.
Workers Of Detained American Executive Chip Starnes Speak Out, Claim They Haven't Been Paid In Months
The Chinese workers who are holding hostage American CEO Chip Starnes say he has not paid in months.
Gas Prices At The Pump: Europeans Pay Almost Twice As Much As US Residents
Gas prices around the world range anywhere from a minuscule $0.04 in Venezuela to a gargantuan $9.98 in Turkey.
International Business Times Founder And CEO Etienne Uzac Offers Insight On Digital Challenges, Native Advertising, BuzzFeed And Online Video
Etienne Uzac co-founded International Business Times as a global-news website alternative to the “established business media."
India’s Greatest Film Star Amitabh Bachchan Prays For Nelson Mandela
South Africa, which has an Indian community some 1.2 million strong, is a growing market for Bollywood films.
Rovuma Area 1 Offshore, A Gas Field Off Mozambique's Coast Will Be Partially Acquired By India's OVC, A Subsidiary Of State-Run ONGC, And Oil India Limited, For $2.47 Billion
Two Indian, state-run oil companies have jointly agreed to buy another Indian company's stake in Mozambique's Rovuma gas field.
John Kerry Attempting To Allay India's Concerns Over Proposed Taliban Talks Contradicts US Official Stance
John Kerry said in India that conditions for Taliban negotiations had not yet been met, misstating the U.S.' official stance on the issue.
Asian Markets Plunge, Shanghai Composite Index Enters Bear Market Territory As China Liquidity Crisis Continues
Asian markets fell again on Tuesday, led by a record fall in the Shanghai stock index, as concerns grew over liquidity in China’s banking sector.
American Executive Of Specialty Medical Supplies Being Held Hostage In China By His Workers
Chip Starnes, co-owner of Specialty Medical Supplies, has been kidnapped by his employees -- and he can't do much about it.
USAID Makes First Investment Commitment Worth $100M To A Private Fund In India's Clean Technology Sector; India Slips To 8th Place in Renewable Energy Index
In its first-ever private fund investment, USAID has committed $100 million for India's clean energy sector.
Indian Actor Salman Khan To Be Tried For Culpable Homicide In 2002 Hit-And-Run Case
A Mumbai court on Monday rejected Indian actor Salman Khan’s appeal against his retrial in a 2002 hit-and-run-case.
Gold Declines on Strong Dollar; Expected To Dip Further This Week
Gold prices are expected to drop lower this week as a sell-off in gold ETFs continues and after Goldman Sachs lowered forecasts for 2013 and 2014.
American Businessman Held Captive In Beijing By His Factory Workers, Demanding Severance Package Although They Are Not Losing Their Jobs
An American executive has been detained at his factory near Beijing for the past four days by workers demanding severance packages.
Unesco Adds 19 World Heritage Sites Including Mount Etna, Mount Fuji And North Korea’s Kaesong
Unesco added 19 new sites to its prestigious World Heritage List in 2013, including Mount Etna, Mount Fuji and North Korea's Kaesong.
US Stock Futures Signal Lower Open On Monday, As World Markets Worry About Fed's Next Move, Chinese Economy
With Europe and Asia down about 1% Mon., U.S. traders are anticipating a bumpy start to the week.
John Kerry’s India Visit To Focus On U.S.-India Civil Nuclear Deal Hiccups, Trade Imbalances, Defense Deals
Defense deals worth billions along with greater cooperation on trade, climate change and nuclear energy are on the Kerry's agenda.
Swiss Bank UBS AG To Close Its Commercial Banking, Wealth Management Operations In India
Swiss bank UBS AG becomes second bank in two months to exit the wealth management business in India to focus on 'core strengths.'
FIIs Pull Out $5B From India In June While Finance Minister Assures RBI Will Rescue INR
Fears about the US Fed's bond-buying program weaken Indian markets and currency, prompting an exodus of overseas investors in June.
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