India May Allow Global Airlines to Invest in Local Carriers - Reports
The cabinet will shortly consider a proposal to allow foreign airlines to pick up stakes in cash-strapped domestic carriers, local media reported on Monday, citing unnamed government officials.
Sensex rises 1.9 pct; RIL, Banks Lead
The BSE Sensex rose as much as 1.9 percent on Monday, with index heavyweight Reliance Industries and banking stocks leading the gains, as investors grew optimistic about renewed efforts by European leaders to limit the region's debt crisis.
Dhoni Leads India to Series Victory
India pulled off a thrilling five-wicket victory over England with four balls to spare in the third one-day international on Thursday to take an unassailable 3-0 lead in the five-match series.
Steve Jobs Refused Cancer Treatment Too long - Biographer
Apple Inc co-founder Steve Jobs refused potentially life-saving cancer surgery for nine months, shrugging off his family's protests and opting instead for alternative medicine, according to the tech visionary's biographer.
Clinton Sends Clear Message to Pakistan on Militants
U.S. Secretary of State Hillary Clinton and top U.S. military and intelligence leaders delivered a tough warning to Pakistan on Thursday to cut suspected ties with militant groups which have upset relations between the uneasy allies.
Gaddafi Killed in Hometown, Libya Eyes Future
Muammar Gaddafi was killed after being captured by the Libyan fighters he once scorned as rats, cornered and shot in the head after they overran his last bastion of resistance in his hometown of Sirte.
Pakistan Hopes to Join India on U.N. Council
Pakistan hopes to win a seat on the U.N. Security Council as a temporary member alongside archrival India when the United Nations holds annual elections to the 15-nation body on Friday.
Biocon Q2 Net Drops as Energy Costs, Wages Rise
Biocon Ltd, India top biotechnology company, reported a 4 percent drop in quarterly profit due to higher energy costs and rise in wages, but said strong demand from branded formulations offered opportunities for growth.
BSE Sensex Drops 1.5 pct; TCS Leads Losses
The BSE Sensex fell more than 1.5 percent on Tuesday, dragged down by IT stocks after Tata Consultancy Services reported lower-than-expected quarterly earnings and said the outlook for pricing was tough.
India to See Robust Gold Imports in Festive Quarter
Gold demand in India, the world's largest bullion buyer, will be strong in the October-December quarter, a traditional time for festivals and weddings, despite high inflation that eats into savings and multiple growth-choking central bank rates hikes.
One Room is Home to Many in 'City of Dreams' Mumbai
Salim stands between the sleeping bodies of two men on the floor of the room where they live as his father helps him get ready for school, straightening the dark tie of his school uniform.
Nine More Kabaddi Players Tagged in Doping Sweep
Nine more kabaddi players have tested positive for banned substances during trials for next month's World Cup, pushing the number of failed tests up to 19 when combined with earlier results, the National Anti-Doping Agency (NADA) has said.
Suzuki Ultimatum to VW: Hybrid Technology or Split
Suzuki Motor Corp accused Volkswagen of breaching a partnership pact by withholding hybrid technology it promised to share, pushing their two-year-old alliance to the brink of disintegration.
Sensex Rises Ahead of Inflation; Reliance Industries Up
The BSE Sensex pulled higher on Friday after a sluggish start as investors awaited monthly inflation, which would set the tone for the RBI's monetary stance.
Sahara Group Invests $100 mln in Force India
Indian business conglomerate Sahara group has invested $100 million in Force India and taken a 42.5 percent stake in the Formula One team which it now co-owns with liquor baron Vijay Mallya while Dutch entrepreneur Michiel Mol takes a backseat.
Sensex, Nifty Hit Resistance; Metals Fall
Shares were trading down on Thursday after an early rise met with resistance, a day after the BSE Sensex had climbed to its highest close in more than three weeks.
Decision Review System No Longer Mandatory, Says ICC
The controversial decision review system (DRS) will no longer be mandatory and its use will be left to bilateral agreements between participating boards, the International Cricket Council (ICC) said on Tuesday.
PM Sees Economy Growing at Near 8 pct in 2011/12
The economy will achieve near 8 percent growth in the current financial year despite the global slowdown, while lowering inflation remains a challenge in the short term, Prime Minister Manmohan Singh said in a statement on Tuesday.
WHO Says World TB Cases Decline For First Time
The number of people getting sick with tuberculosis has dropped for the first time, while the death toll from the disease reached its lowest level in a decade, helped by progress in countries like China, the World Health Organization said on Tuesday.
India's September Inflation Seen Easing to 9.7%
India's wholesale price index probably rose 9.70 percent in September from a year earlier, easing slightly from 9.78 percent in August, a Reuters poll showed.Forecasts from 25 economists ranged from 9.2 to 9.9 percent.
Kate Middleton Stylish? Mary Portas Dismisses Duchess's Fashion Sense
Although the 29 year old Duchess of Cambridge, Catherine is known across the globe as a style icon and has many fashion followers, her fashion sense has been dubbed as ordinary by retail guru, Mary Portas.
Sims, Sargent Win 2011 Economics Nobel
Americans Thomas Sargent and Christopher Sims shared the Nobel prize in economics on Monday for work that helps governments and central banks weigh up responses to crises -- though it offers no immediate answer to current global problems.
Executives Tell Obama How to Create Jobs
President Barack Obama could create millions of jobs by attracting more foreign capital to the United States, helping entrepreneurs and being more aggressive in energy, business leaders said on Monday
Rupee up for 4th Day; Strong Shares, Euro Aids
The rupee was higher in early morning trades on Tuesday, its fourth session of gain, buoyed by positive local shares and the euro's gains against the dollar.
Very Difficult for Al Qaeda to Attack U.S. - Obama
U.S. President Barack Obama said on Monday it would be very difficult for al Qaeda to launch another major attack on the United States, as its leadership has been decimated.
Elizabeth Hurley Engaged to Cricketer Shane Warne
British model and actress Elizabeth Hurley is engaged to retired Australian cricketer Shane Warne, the couple confirmed via Twitter.
Cancer Kills Nobel Physician Before he Hears of Prize
A scientist who won the Nobel prize for medicine on Monday used his own discoveries to treat himself for cancer, but died of the disease just days before he could be told of the award.
Food, Fuel Price Falls Stir Asia Inflation Concern
Anyone hoping that recent falls in commodity prices would provide a boost to powerhouse Asian economies and help lift the developed world out of recessionary danger will be disappointed. The region's focus remains firmly on inflation.
Rupee Hit by Dollar's gains; Europe Debt Crisis Looms
The rupee weakened on Tuesday as fears over the extent of impact Europe's debt crisis might have on the global economy boosted the dollar and domestic equities fell.
Obesity Debate Rages on Talk of Christie White House Bid
Speculation that New Jersey Governor Chris Christie will enter the U.S. presidential race has led to a feverish debate about the possibility of having the fattest man in the White House since the corpulent William Howard Taft squeezed behind the big desk in the Oval Office.