INDIA

Top Indian tech firms to hire local US talent

Top Indian tech firms to hire local US talent

Indian technology companies are now looking to hire fresh engineering graduates from American universities, as stringent immigration norms and high unemployment in the US make local hiring attractive, said a media report.

Harvard scholar weighs in on Middle East turmoil

Dr. Paul Beran, the Outreach Director at the Center for Middle Eastern Studies at Harvard University is a researcher, writer and teacher on civil society in the Middle East. International Business Times spoke with Beran to discuss the current unrest in the region.
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Gold steadies off 4-week high ahead of U.S. data

Gold steadied on Wednesday ahead of a raft of U.S. data due later, having earlier risen to four-week highs as a retreat in the dollar and concerns over the medium-term inflation outlook helped support the precious metal.
A general view of the holy cave of lord Shiva in Amarnath, India

India gets Eurocopter's choppers for Heli Tourism

Eurocopter India, the Indian subsidiary of the world’s leading helicopter manufacturer, Eurocopter, has introduced the AS350 B3 Ecureuil and EC130 B4 helicopters in India to promote Heli tourism in the southern state of Kerala.
India and Japan, two of Asia's largest economies, signed the landmark free trade agreement (FTA) on Wednesday, paving way for the elimination of  tariffs on more than 90 percent of goods traded between the two countries over the next decade.

India-Japan free trade agreement: A win-win deal

India and Japan, two of Asia's largest economies, signed the landmark free trade agreement (FTA) on Wednesday, paving way for the elimination of tariffs on more than 90 percent of goods traded between the two countries over the next decade.
China’s new regulations on rare earth minerals: report.

China to publish new regulations on rare earth minerals

China will soon publish new regulations to increase supervision of the country's rare earth industry in a move that is likely to drastically change the landscape of the sector, the China Securities Journal informed on Wednesday.
India's Prime Minister Manmohan Singh walks on stage for a photo opportunity as part of the 5th East Asia Summit in Hanoi October 30, 2010.

EU sued over secrecy in India trade talks

Transparency campaigners sued the European Union's executive on Tuesday for withholding documents on free trade talks with India, stepping up pressure on the bloc to make its policymaking less secretive.
corruption

CBI question Unitech exec in telecoms probe

The Central Bureau of Investigation (CBI) on Tuesday questioned a top executive of Unitech Ltd as part of a probe into a telecoms corruption scandal that has roiled politics and spooked investors in Asia's third-largest economy.
India top court defers view on PM role in scandal

Indian government hit by corruption scandals

Prime Minister Manmohan Singh is under severe pressure, his administration derailed from its legislative agenda by a series of corruption scandals that have come to dominate politics.
International Cricket Council (ICC) chief executive Haroon Lorgat, listens to questions during a news conference with Anti Corruption and Security Unit chairman Ronnie Flanagan at Lord's cricket ground in London.

Kolkata and Mumbai cleared by ICC for World Cup

Kolkata and Mumbai grounds have been given the final clearance to stage Cricket World Cup matches after concerns about their readiness, the head of the governing body told Reuters on Monday.

SBI to launch retail bond issue on Monday - sources

State Bank of India, the country's largest lender, is expected to launch the first tranche of its 100 billion rupees ($2.2 billion) retail bond issue on Monday, according to a term sheet obtained by Reuters and a source with direct knowledge of the matter.

Budget expectations for fuel companies

India, struggling to balance between cutting its costly fuel subsidies and curbing inflation, may tweak fuel taxes in the Feb. 28 budget to cushion the blow of rising global crude prices on state-run oil retailers.

India gold flat; buyers wait for 1 pct price fall

India gold traded flat on Tuesday afternoon as support from firm overseas leads was offset by a strong rupee, though buying remained weak as traders awaited an at least a 1 percent fall in prices, dealers said.
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Gold rises above $1,360, inflation in focus

Gold rose above $1,360 an ounce on Monday as the dollar's retreat from highs versus the euro took some pressure off prices, with a second consecutive weekly price rise underpinning investors' confidence in the metal.

China trade surplus shrinks, supports government's G20 case

China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.
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Inflation eases slightly in January, but over forecast

Inflation eased slightly in January but was still higher than expected, reinforcing expectations the Reserve Bank of India (RBI) will keep tightening policy because price pressures are still above its comfort zone.
U.S. panel approves final duties on China drill pipe

December industrial output slows to 20-month low

India's annual industrial output in December rose at its slowest pace in 20 months on a higher base last year and stretched capacities at factories, but the Reserve Bank will likely continue tightening monetary policy to tame high headline inflation.

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