The Reserve Bank of India (RBI) raised key interest rates on Tuesday by a quarter point each, as expected, in a bid to clamp down on resurgent inflation and warned that higher food prices could become entrenched if steps to boost output are not taken.
Private equity fund TPG Capital plans to buy 14 percent stake in packaging company Time Technoplast at a near 30 percent premium to its market price, the Economic Times newspaper reported on Tuesday.
India needs tight monetary policy to prevent food prices from spilling over to the broader economy, a top economic adviser said in a newspaper interview, ahead of a widely expected rate hike on Tuesday.
Bill Gates, one of the world's richest men and one of its best known philanthropists, said on Monday he hopes his passion for giving will soon start to take hold among the super-rich of China and India.
Despite a series of high-profile recalls and safety issues, Japanese auto major Toyota Motors still managed to beat General Motors in total unit sales and remain the largest car manufacturer in the planet.
Millions of children worldwide die every year from preventable diseases and the bad situation is only going to worsen due to an increasing shortage of healthcare workers.
Gold continues to form a long consolidation pattern which has lasted basically for the final quarter of 2010, says Phil Smith in his chart analysis for Reuters' clients. [On] the possible topping [head-and-shoulders] pattern I've been looking at...we have now broken the neckline. Watch for a decisive break below this line. The target for this topping pattern is $1230.
Gold rose on Monday as lower prices after the metal's third consecutive weekly loss attracted some buyers back to the market, but a more optimistic view of global growth still limited fresh investment.
South Africa expects to seal a deal with buyers in Saudi Arabia and India for about 100,000 tonnes of its surplus maize before the end of February, a senior government official said on Monday.
Favourable weather and currencies boosted Kenya's 2010 tea crop and export earnings to record levels, and the sector overtook horticulture as the country's top hard currency earner, officials said on Monday.
Notion Ink Adam doesn’t seem to stop just yet even though the tablet was introduced in CES 2010. As the Mobile World Congress event is nearing, a teaser video of Samsung Galaxy Tab 2 has been released and with not-so-true to believable specifications, the device specs throng the Web.
Consumers in most countries globally look set to keep a tight grip on spending in coming months as they worry about job security and rising inflation, a survey by the Nielsen Company showed on Sunday.
India’s information technology (IT) sector will grow annually at the rate of 25 percent to 26 percent due to a good performance, according to N R Narayana Murthy, founder and chairman of Infosys Technologies Ltd, India’s second biggest software services company.
California-based Tri-valley University found to run a racket that facilitated illegal student immigration status for foreign nationals and authorized them to remain in the United States.
Asian stocks rose on mild bargain buying after a sell-off last week, while the euro hovered near a nine-week high before a Fed meeting this week where it is expected to paint a cautious view of the world's biggest economy.
The BSE Sensex should open higher on Monday, with heavyweights Reliance Industries and State Bank of India in focus after their quarterly results.
The BSE Sensex was up 0.8 percent on Monday led by financial firms, but trading was choppy a day before the Reserve Bank's monetary policy and mixed Asian markets.
The Reserve Bank of India (RBI) is expected to resume its rate hike cycle at its quarterly monetary policy review next week as soaring inflation stalks Asia's third-largest economy.
Europe will continue to be the top region for inbound travel with number of arrivals expected to be about 717 million by 2020, and India will lead in South Asia region for maximum number of arrivals.
India’s tourism ministry is making efforts to position India as a preferred golfing destination, Minister of Culture Kumari Selja said on Friday at a workshop on promoting golf tourism held in New Delhi.
Italian capital city Rome has given up on its plans of hosting a Formula 1 race, the city's Mayor Gianni Alemanno announced.
With two major international sports events, 2014 World Cup and 2016 Olympic Games, scheduled to be held in Brazil in the next five years, it’s high time the country should improve its “substandard” tourism infrastructure, according to the Brazil Tourism Report Q1 2011, released recently.
