INDIA

India gold may recover by March-end

Gold futures are likely to recover from their 13-week low this quarter and extend their rise further to breach 21,000 rupees by the end of the third quarter, analysts and importers said.

Global Risks: Experts Focus on Two Key Challenges

Two of the most significant risks that could affect the world in the next 10 years - given their high degrees of impact and interconnectedness - are economic disparity and global governance failures, according to a survey seeking the opinion of hundreds of experts, business leaders and policy makers.
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US gets mandated cap of 65,000 H1-B visa applications

US Customs and Immigration Services (USCIS) on Thursday said it has got Congressional-mandated cap of 65,000 H1-B visa applications, which is the most sought after by Indian professionals, for the current fiscal.

Space tourism wows India’s Kerala

It seems travel industry’s latest buzz – Space tourism – is vying for every country’s attention. Now, a travel agency in Kerala, the southern state of India, is gearing up on a plan to send children to the space.

iPad Lifts Apple To World's Third Largest PC Maker

Apple became the third largest PC vendor in the fourth quarter of 2010, helped by strong sales of iPad and Mac as well as fast growth in the Asia Pacific region, according to the latest report from Canalys.

Fed cautious on recovery, focused on joblessness

The Federal Reserve showed on Wednesday it was in no rush to cut short its rescue of the U.S. economy, saying high unemployment still justified its $600 billion bond-buying plan even though the economy has
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BSE Sensex drops; M&M, Sterlite fall

The BSE Sensex erased early gains and was trading down 0.4 percent on Thursday, as the near-term outlook for foreign funds' interest was far from promising due to better prospects elsewhere.
An undated handout photograph of Ranbaxy Laboratories' plant in Paonta Sahib, Himachal Pradesh.

Ranbaxy says CFO quits

Ranbaxy Laboratories Ltd, India's top drugmaker, said on Thursday its chief financial officer had resigned, the third top official to quit after Japan's Daiichi Sankyo took majority control.

Medvedev defends Russia in Davos keynote speech

In his opening speech at the Davos world economic forum in Switzerland, Russia’s President Dmitry Medvedev touched on a number of subjects, including why he was late to the confab – the suicide bombing in a Moscow airport that killed 35 people.

BJP supporters vow to march to Kashmir

Thousands of Bharatiya Janata Party (BJP) supporters massed on a bridge to the disputed Kashmir region on Tuesday as officials sought to stop a flag-raising ceremony that could spark violence.

Pakistan decries help for India nuclear arms plans

Pakistan warned major powers on Tuesday against granting rival India membership of four key multilateral export control regimes that allow trade in nuclear and other materials, as proposed by the United States.
Road transport minister Kamal Nath speaks in New York, May 8, 2008

Cabinet reshuffle boosts focus on urban growth

A ministerial reshuffle has signalled India may give sorely-needed focus to the development of its burgeoning cities, whose erratic expansion is seen as a major brake on economic growth.
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Mozambique to expand capital's port

Mozambique's Ports Development Company (MPDC) said on Tuesday it would increase the handling capacity of its Maputo port to 12 million tonnes this year from 8.7 million in 2010 to take more coal from South Africa.
coal

S.Africa's Transnet to reopen coal export line

South African logistics group Transnet said on Tuesday it would reopen a coal export line leading to the Richards Bay coal export terminal at 1400 GMT after a derailment over the weekend.

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