Court Rejects Apple’s Bid to Stop Samsung Galaxy Sales in U.S.
Apple failed to convince a U.S. judge to block Samsung Electronics from selling some Galaxy smartphones and tablets in the U.S. market, depriving the iPhone and iPad maker of crucial leverage in a global patent battle.
India's Moderate Growth Will Ease Inflation: Subir Gokarn
India's moderating growth will help to ease inflationary pressure in the country, deputy governor of the Reserve Bank of India Subir Gokarn said on Saturday.
Gold ATM Encouraging Despite Stiff Competition from Jewellery Shops
A gold ATM machine selling jewellery and 31,000-rupee gold coins, but for more than just window-shopping, it faces stiff competition from traditional jewellery shops.
Apple's iPhone More Searched Than Celebs on Internet
Apple's iPhone edged past major news events, celebrities and pop stars as the top searched term on the Web in 2011, according to Yahoo.
Targeting Sex Workers will Control Spread of AIDS in India: World Bank
India's policy of targeting sex workers to control the spread of AIDS by providing contraceptives, treatment for sexually transmitted infections and raising awareness through their peers is expected to avert three million infections.
Gold Sales Down in India as Festival Season Ends
Gold purchases in India, the world's largest bullion consumer, slowed down as the festival season ended, and business was lackluster elsewhere in Asia as concerns of global growth weighed on sentiment.
Apple-Samsung Fight Behind Veil of Secrecy; Court Papers Sealed
The biggest legal battle for the technology industry is playing out in a federal court in Silicon Valley, where Apple is trying to stop Samsung from selling Galaxy phones and tablets in the United States. It is a veil of secrecy where court papers are sealed.
FDI in Retail: Indian Traders Protest Against the Entry of Retail Giants
Tens of thousands of small shopkeepers went on strike across India on Thursday to protest a government decision to allow foreign retail giants like Wal-Mart Stores Inc to enter the country's $450 billion retail market.
Toyota, BMW to Jointly Develop Environment-Friendly Car Technologies
Toyota Motor Corp. (7203.T) and BMW AG (BMWG.DE) said on Thursday that they would work together on a broad range of advanced environment-friendly car technologies, including the joint development of lithium-ion batteries for electric vehicles.
Maruti Suzuki Registers 18.5 Percent Fall in Sales
Maruti Suzuki, India's top car maker, said sales in November fell 18.5 percent, as the troubled carmaker recovered, partially, from a 53 percent fall in October.
India Gold Futures’ Ease Fails to Attract Physical Players
India gold futures eased a tad from a 2-week high, weighed by a stronger Indian rupee, but the losses were not enough to attract physical players seeking to stock up for the wedding season.
India's Manufacturing Sector Slows Down; Output Decreases
India's manufacturing sector expansion slowed in November as factory output grew at its slowest pace in nearly three years although export demand should provide some cheer for factories.
Petrol Prices to be Cut by Rs. 0.78 per Litre
State-run oil firms will cut petrol prices by Rs. 0.78 (1.5 cents) a litre, or approximately 1.2 percent, from Thursday, Indian Oil Corp. (IOC) said. This will be the second cut this month, reflecting global prices and potentially easing near double-digit inflation.
India’s Food Inflation at 8 Percent
India's Food Price Index rose 8 percent, which is its slowest pace in nearly 4 months, and the Fuel Price Index climbed 15.53 percent in the year (calculated till Nov. 19), government data released on Thursday showed.
BSE Sensex up by 2.7 Percent, Share Index Jumps by over 434 Points
The BSE Sensex Thursday gained 2.70 percent on hopes for a surge in foreign fund inflows after the world's six major central banks moved to tame a liquidity crunch for European banks.2
India's Economic Growth for FY12 Projected at 7.5 Percent
India's economic growth in the current fiscal year ending March 2012 is expected to be around 7.5 percent, as the growth in fourth quarter will be better than the 6.9 percent growth
Australia for Formation of Trilateral Security Pact with U.S., India
Australia's foreign minister on Wednesday backed the formation of a security pact with India and the United States, a tie-up that could fuel China's worries of being fenced in by wary neighbors.
India Gold Futures Up, Silver Down
India gold futures rose by more than half a percent on Wednesday to hit their highest level in two weeks on firm global leads fanned by a weaker rupee at home.
India’s GDP Growth Falls to 6.9 Percent; Weakest in 2 Years
India's Gross domestic product growth fell to 6.9 percent in the second quarter of the financial year. The GDP growth figure is the weakest pace in more than two years.
Rohit Sharma Engineers India’s One Wicket Win Against WI
A patient 72 from Rohit Sharma helped India to a tense one-wicket victory over the West Indies in a low-scoring One Day International at the Barabati Stadium in Cuttack on Tuesday.
Samsung Wins Patent Round Against Apple in Australia
An Australian court reversed a ban on the sale of Samsung Electronics Co Ltd's (005930.KS) Galaxy tablet computers in the country, handing it a rare victory against rival Apple Inc (AAPL.O) in the firms' intensifying global patent war.
Facebook Eyeing Public Stock Offering Next Year: Source
Facebook, the world's largest Internet social network, is preparing for an initial public stock offering next year, according to a source familiar with the matter.
Citigroup Slashes India’s Growth Forecast to 7.1 Percent
In a recently released report, Citigroup has negatively revised its earlier growth estimates for India, for the Fiscal Year 2011-12, amid a slowing global economy and domestic headwinds.
Indira Goswami Passes Away; PM Sends Condolence Message
Assamese writer Indira Goswami, who played a key role in peace talks with separatist group ULFA, died Tuesday morning after prolonged illness, local media reported. She was 69.
Government Fails to Break Deadlock on Retail Reform
Prime Minister Manmohan Singh failed to break an impasse with opposition parties and his own political allies demanding a rollback of a reform allowing foreign supermarket giants to enter the country's $450 billion market.
High Gold Price Keeps Indian Buyers at Bay
Simone Bora is contemplating the unthinkable - an Indian wedding without lavish amounts of gold - after record high prices and a sinking rupee dimmed her hopes of sparkling at the party.
Petrol Prices May be Cut by a Rupee - Source
The state refiners could cut petrol prices by an approximate price of Re. 1 per litre (or 1.5 percent), as softening Singapore spot gasoline prices have offset the impact of a declining rupee, an industry source said on Monday.
India Gold Buyers Stay Away Despite Discounts
Indian investors of gold, the world's biggest consumers of bullion, remained on the sidelines even though traders offered discounts of up to $5 per ounce.
Foreign Investment in Retail: India Backtracking on Reform?
The government gave its first signs of backtracking over a move to allow foreign supermarket giants to enter Asia's third-largest economy on Monday.
U.S.-Pakistani Co-Dependence May Prevent Rupture
Pakistan and the United States may be a little too dependent on each other to allow the death of two dozen Pakistani soldiers, in airstrikes by NATO forces on Saturday, to cause a definitive rupture.