INDIA

The International Monetary Fund on Monday cut its global growth forecast in 2013 in response to Europe's sovereign debt crisis.

Bad news from India isn't easing off just yet. Inflation hovers above 7 percent and economic growth remains tepid after plunging to a nine-year low of 5.3 percent in the first quarter, year-on-year.

Up until now, Obama has generally enjoyed broad popularity in India – a country he has long been linked to, both personally and professionally.

The International Monetary Fund on Monday cut its global growth forecast and warned that the outlook could dim further if policymakers in Europe do not act with enough force and speed to quell their region's debt crisis.

65 years after independence from Great Britain, cricket (a foreign import and a remnant of colonialism) is more popular in India and Pakistan than ever.

The Coca-Cola Company (NYSE: KO) is expected to report stronger second-quarter profit as the world's largest soft-drink maker tries to offset higher commodity prices and currency headwinds by expanding aggressively into key international markets.

President Obama's weekend statement on India , raising concerns over the invest climate in the country, has evoked sharp criticisms making it further hard for the Indian Prime Minister to go ahead with reforms.

India's wholesale price index (WPI) rose slower than expected rate of 7.25 percent on a year-on- year basis, contrary to the analysts' expectations, triggering hopes for rate cuts from the Reserve Bank of India.

India's headline inflation slowed to its lowest level in five months in June, helped by slower increases in fuel prices, adding to pressure on the RBI from business leaders to cut interest rates to help revive the lacklustre economy.

Bombay Stock Exchange's benchmark Sensex and NSE's Nifty on Monday, opened flat, and are hovering between the red and the green, signaling the volatility, as the market awaits June inflation figures.

Asian markets were rose Monday as investors are hoping that China will soon announce stimulus measures to regain the economic growth momentum.

China's aging and diminishing population is not a surprise, but experts lament that little is being done to prepare society for its effects.

India's Prime Minister Manmohan Singh, who recently took over the charge of the Finance Ministry, has set up an expert committee to review and finalize the controversial General Anti-Avoidance Rules (GAAR), which the foreign investors say are not investor-friendly.

Asian markets fell this week as investor sentiment turned negative with concerns of economic slowdown in China, Japan and South Korea.

China's slowing economy could drag down some of its Asian neighbors, but other countries would be less affected, according to a report released Friday by Capital Economics.

The practice of arranged marriage remains widespread in India, across all religions, ethnic groups and social classes.

Assam has witnessed other public assaults on women that sparked outrage.

India's trade deficit narrowed as imports dipped 13 percent in June. Exports fell 5.45 percent to $25.1 billion in the month while imports declined 13.46 percent to $35.3 billion, a senior official said Friday.

The Asian Development Bank (ADB) cut its growth forecasts for developing Asia on Thursday, saying financial and economic problems in Europe and the United States had cut demand for exports, although Southeast Asia remained a bright spot. China's economy was expected to grow 8.2 percent this year and India's 6.5 percent, Kuroda said.

India's industrial output picked up more than expected in May, bolstering the case for the Reserve Bank of India (RBI) to keep interest rates high at its next policy meeting as a slow start to the monsoon puts pressure on inflation, especially food prices.

Alimuddin was reportedly the youngest person ever to have participated in first-class cricket when he played for Rajasthan in the Ranji Trophy at the age of 12 .