Raymond Ronamai

UPA government led by Prime Minister Manmohan Singh seems to be in trouble after failing to implement its retail reform.

India's tax department have frozen 11 bank accounts of Kingfisher Airlines (KING.NS) and 10 of Air India AIR.UL earlier this month as they have failed to pay their service tax dues.

Sachin Tendulkar stepped on a plane on Thursday as the proud owner the highest individual score in 50-over cricket but will land on Australian soil to find that he has been robbed of the record by his one-time protege Virender Sehwag.

Virender Sehwag registered the highest individual score in the 50-over format on Thursday, blasting 219 in the fourth one-day international against West Indies at Indore.

Asia's economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012. The catch-phrase for 2012 is the Asia yo-yo.

Gold recycling gained pace in India as consumers preferred to cash in on prices at a week high, which deterred physical traders from placing fresh orders as wedding buying tapered off.

India gold extended gains for another session on Wednesday to meet the highest level in about a week, stoked by firm overseas markets, analysts said.

India's power, telecoms and aviation sectors, core to sustaining the country's growth, are in various states of crisis. This crisis may force the government to bring about reforms.

All-rounder Irfan Pathan has been drafted into the India squad for their two remaining one-day internationals against West Indies in place of paceman Umesh Yadav, who will leave for Australia early to get acclimatized for an upcoming tour.

International Olympic Committee President, Jacques Rogge, on Tuesday, urged India's Olympic Association to talk to its athletes over the ongoing protests related to the 2012 London Games' sponsorship deal with Dow Chemical.

The growth rates of all four BRIC (Brazil, Russia, India and China) economies have surpassed expectations in the decade since the term came into existence. However, India's record in terms of productivity, Foreign Direct Investment (FDI) and reform has been the most disappointing, according to Jim O'Neil, the Chairman of Goldman Sachs Asset Management, on Tuesday.

Chinese and Indian appetite for diamonds will fuel demand growth by more than 6 percent a year over the next decade and almost double the size of the market, far outpacing supply increases limited by a lack of new mines.

India has asked operators of social media networks, including Facebook, Google and Yahoo to screen user content from the country and prevent any disparaging, inflammatory or defamatory content from getting published.

Research In Motion (RIM), on Tuesday, named Sunil Dutt as the organization's new Managing Director (MD) for India, one of its key growth markets, a month after the former top executive left the company.

India gold futures fell back on Tuesday afternoon to their lowest level in a week, following overseas trends, where fears of a possible credit rating downgrade for eurozone nations by Standard & Poor's weighed.

Raj Rajaratnam, 54, the founder of the Galleon Group and a hedge fund multimillionaire, began his 11-year prison sentence at a former military base, near the town of Ayer, Massachusetts.

The United States, India and Japan will hold their first trilateral meeting this month as Washington pushes ahead with its pivot toward Asia, where China's growing power has raised concern.

Rohit Sharma's sparkling 95 was in vain as West Indies beat India by 16 runs in the third one-day international to stay afloat in the five-match series at Ahmedabad's Sardar Patel Stadium on Monday.

A U.S. court error Friday offered a brief glimpse at information that Apple Inc and Samsung Electronics have tried to shield from the public during their high-stakes patent litigation.

India sees no impediments to importing Iranian oil despite a new wave of sanctions imposed by the West, Oil Minister S. Jaipal Reddy said on Monday.

India gold, which traded steady Monday, is likely to near the all-time high helped by safe haven buying, and silver is likely to follow suit, analysts said.

India may face its worst financial crisis in decades if it fails to stem a slide in the rupee, leaving the Reserve Bank of India with a difficult choice over how to make best use of its limited reserves to maintain the confidence of foreign investors.

Gold prices traded steady Monday, after posting their sharpest weekly rise in more than a month, as the eurozone kicks off a week packed with meetings and decisions crucial to the solution to its debt crisis as well as the euro.

Australia's ruling Labor Party Sunday endorsed plans to open up uranium sales to India, clearing the way for talks on a bilateral nuclear agreement and resolving an issue that has caused diplomatic tensions between the two nations.

The U.N.'s climate chief said that she believes countries can snap the deadlock that has lasted for years and sign up to fresh and binding commitments to cut greenhouse gases.

The spectacular bull run in gold prices is unlikely to end soon, with bullion retaining its appeal in 2012 due to the uncertain global economy.

India's Kingfisher Airlines is still in talks with a potential local investor to raise funds, its chairman said Friday, even as woes mounted for the cash strapped carrier with a major airport set to stop facilities on credit.

Facebook, the social networking giant that is preparing to go public, said it plans to hire thousands of employees over the next year to keep up with what it expects to be rapid growth.

The government is fooling the country about the benefits of foreign supermarkets, opposition leader LK Advani said.