Raymond Ronamai

Yahoo Inc's board of directors has agreed to keep exploring a plan to split off the Internet company's Asian assets in a complex deal valued at $17 billion, The Wall Street Journal reported on Friday.

Plans to expand the multi-billion dollar food subsidy programme are a likely vote-winner for the ruling Congress party as it heads into key local elections in 2012, but could worsen strained finances as a flagging economy crimps revenue.

India's new telecoms policy is likely to be approved by June, the telecoms ministry said in a statement on Friday, delaying the keenly awaited policy by about six months as the government allows for more time for consultation.

Pakistan's powerful military pledged on Friday to continue supporting democracy, reiterating it was not planning a takeover as tensions grew over a controversial memo alleging an army plot to seize power.

Gold demand in India, the world's top buyer, remained subdued on Friday after prices edged higher, tracking a rebound in the world market and as the local currency pared early gains, dealers said.

It's been a while since Bollywood dished out a slick, fast-paced action film. Wait, am I kidding? Bollywood doesn't do fast-paced action films anymore; we just turn to Hollywood to get our share of those. So, kudos to Farhan Akhtar for attempting it - not once but twice.

India's food inflation eased sharply in the year to December 10 on lower prices of rice, cereals and vegetables and benefiting from a higher statistical base a year ago, indicating sticky headline inflation could be moderating.

Weakening economies and falling prices of rival smartphones are hurting sales of Apple iPhones across Europe, data from research firm Kantar Worldpanel ComTech showed on Thursda

Gold prices in India, the world's top buyer, eased tailing soft overseas prices, but not enough to attract buyers in a traditionally lean demand period, dealers said.

Nokia's long-awaited Windows phones may be too little, too late in the smartphone war dominated by Apple and Google, despite positive reviews by handset critics.

India, even if you won't hear them say it, have never had a better chance of clinching their first test series triumph in Australia than over the next month against a host nation in the turmoil of transition.

Yahoo Inc is considering a plan to unload most of its prized Asian assets in a complex deal valued at roughly $17 billion, sources familiar with the matter said on

The telecoms ministry will tell carriers that they will not be allowed to offer third-generation (3G) services through roaming agreements with one another in zones where they do not have their own 3G airwaves.

Controlling inflation remains an overriding priority, Sonia Gandhi, the head of the ruling Congress party said on Wednesday, indicating inflation, which has refused to budge from above 9 percent for a year now, is a matter of grave concern.

North Korea will shift to collective rule from a strongman dictatorship after last week's death of Kim Jong-il, although his untested young son Kim Jong-un will be at the head of the ruling coterie.

Residents of two southern Philippines' cities battered by a storm that left nearly 1,000 people dead and displaced hundreds of thousands started the hard work of reclaiming their lives as authorities buried dozens of bodies in concrete vaults on Wednesday.

Gold prices in India rose for a third straight day to stay above 28,000 rupees per 10 grams for the first time in a week, denting physical demand which has been subdued so far this week, dealers said.

Philippines President Benigno Aquino declared on Tuesday a state of national calamity after flash floods and landslides caused by a typhoon swept through a southern region late last week, killing about 1,000 people and leaving tens of thousands homeless.

Cash-strapped carrier Kingfisher Airlines has not deposited with the government most of the income tax it deducted from its employees' salaries for the last two fiscal years, a government minister told lawmakers on Tuesday.

Germany attacking midfielder Thomas Mueller is geared up for his second visit to India with Bayern Munich.

Apple Inc scored a narrow victory against Taiwan's HTC Corp in a patent lawsuit over smartphone technology that will set the stage for further battles between rival makers in the fiercely competitive market.

Angry MPs forced parliament to close on Monday and protesters gathered outside a Russian consulate over a Siberian trial calling for one of Hinduism's most holy books to be put on a list of banned literature.

India have fought some epic battles with Australia but now embark on a test tour with what many believe is their best chance of humbling the wearers of the baggy green caps in their own back yard for the first time.

North Koreans poured into the streets on Monday to mourn the death of iron leader Kim Jong-il as state media hailed his untested son as the Great Successor of the reclusive state whose atomic weapons ambitions are a major threat to the region.

Lenders to cash-strapped Kingfisher Airlines, which has been grounding planes and cutting routes to stay aloft, are awaiting a report on the airline's viability before they approve a $133 million loan, banking sources said on Monday.

Samsung Electronics has filed new claims in its patent war with Apple Inc over alleged patent infringements in Germany, a spokesman for the company said on Monday.

North Korean leader Kim Jong-il died of a heart attack while on a train trip, sparking immediate concern over who is in control of the reclusive state and its nuclear programme.

Technology investors and experts are asking whether Research in Motion (RIM) needs to ditch its BlackBerry handset business to survive.

With India's economic growth buckling and the rupee at an all-time low, other companies, too, are expected to struggle to meet debt obligations in the coming months.