INDIA

London Commodity Brokers (LCB) aims to sell 2 million tonnes of South African thermal coal a year for Strategic Natural Resources (SNR) PLC, using the port of East London rather than the highly congested Richards Bay.

NASA said it has rescheduled a media teleconference to Wednesday 2 p.m. EST to discuss the first computer model that explains the recent period of decreased solar activity during the Sun's 11-year cycle.

A former partner of D.E. Shaw and an ex-Goldman Sachs (GS.N) partner are setting up a new firm to raise about $500 million for a China-focused private equity fund to join the growing competition for deals in the world's No.2 economy, sources told Reuters on Wednesday.

Boosted by the soccer World Cup, South Africa saw a record 15.1 percent increase in tourist arrivals in 2010 although the total of more than 8 million was not an all time-high, the tourism minister said on Tuesday.

Mauritius' trade deficit widened 17.2 percent in 2010 as rising imports outstripped growth in exports, the statistics office said on Tuesday.

Chinese search engine Baidu.com, an e-commerce unit of Alibaba and Sweden torrent download site Pirate Bay have been named on the United States Trade Representative (USTR)'s Notorious Markets List.

An Indian court has sentenced eleven Muslim men to death for setting fire to a passenger train in 2002 that killed dozens of people, mostly Hindu pilgrims.

The BSE Sensex is expected to open higher on Tuesday, tracking firm Asian equities, and after the finance minister said he expects the economy to grow by nearly 9 percent in the next fiscal year.

India's budget belied expectations of cuts in fuel taxes on Monday, denying any relief to state-run oil firms but boosting chances of a planned ministerial meeting taking up the issue of raising prices soon.

Indian Oil Corp, the country's biggest fuel retailer, said on Tuesday there was a need to raise petrol prices, a day after the federal budget failed to announce any measures to stem revenue losses of state oil firms.

A jailed former Societe Generale trader convicted of theft of speed-trading computer code secrets was sentenced to 36 months in prison on Monday.

India will quadruple export duty on iron ore fines as it seeks to curb exports, mostly to China, in a budget move announced on Monday that hit domestic producer shares and could push spot prices to new record levels.

East Asia's economy may need to slow to address inflationary pressures but the region will likely continue to lead the globe in economic activity, World Bank Chief Economist Justin Yifu Lin said on Monday.

Despite the fact that volatility has increased since the start of the Egyptian crisis on January 25th, true risk aversion seems to have been well contained.

The proportion of total gold demand accounted for by jewelry fell to just over 50 percent in 2009 from 75 percent in 2004. In the same period investment demand nearly tripled. But jewelry buyers still have a key role to play in the gold market, which they are likely to keep despite any slight fall-off in demand.

Full Text: Indian finance minister's budget speech

Finance Minister Pranab Mukherjee announced on Monday a food security bill for 2011/12, a budget measure that would provide cheap grains for millions of India's poor but which has sparked worries over its huge cost.

Coal India, the world's largest coal miner, said it would get $1.4 billion in additional revenue in the next fiscal year from a revision in coal prices announced on Monday, sending its shares up more than 11 percent.

Based on a survey by Harvard Business School publication Working Knowledge, conducted among reputed faculty at the School, here are five areas or trends which are emerging as key influencers of business and management in the 21st century.

The finance minister announced on Monday a food security bill for 2011/12, a measure that would provide cheap grains for millions of poor but which has sparked worries of a huge fiscal cost.

Finance Minister Pranab Mukherjee on Monday presented to parliament India's federal budget for the coming financial year beginning in April.