INDIA

A vendor arranges vegetables at a market in Lucknow in this May 6, 2010 file photo.

Govt ducks big decisions on food inflation

The embattled Congress-led coalition government failed to announce major policy decisions on Thursday to tackle soaring food prices after days of wrangling, taking only minor measures seen as unlikely to make a major impact.

Gold falls after successful euro zone debt auctions

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Gold fell on Thursday, snapping three sessions of gains as safe-haven buying subsided after successful European bond sales and a more positive economic outlook from U.S. Federal Reserve Chairman Ben Bernanke.

RIM gives India access but not to secure e-mails

BlackBerry maker Research In Motion said it has given India the means to access its Messenger service and reiterated that no changes could be made to allow monitoring of secure corporate emails.
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Tsotsobe leads South Africa to emphatic win

Lonwabo Tsotsobe received the man of the match award after his four wickets led South Africa to a crushing 135-run win over India in the first one-day international at Kingsmead on Wednesday.

India to ban exports of wheat products - report

The government may ban wheat product exports in a series of measures to tame spiralling food prices that have fuelled rapid inflation and increased pressure on an embattled ruling Congress party, local media said.

Analysis: Asian capitals seek clues to U.S.-China ties

Worries about China's military buildup and aggressive diplomacy are bolstering its neighbors' desire to see Washington stay committed to the region while pushing them to hedge their bets against waning U.S. influence.
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Gold firms as dollar eases; Portugal auction eyed

Gold prices rose in Europe on Wednesday, as a retreat in the dollar, rising oil prices and caution ahead of a sale of Portuguese bonds later in the day all boosted interest in the precious metal.
vegetables

Food security bill to be delayed by a year - paper

India's proposed food security bill will take at least a year to be finalised, delaying a key vote-winning policy for the ruling Congress party as crucial state elections loom, the Financial Express reported on Wednesday.
Gold bars

India may use gold to settle oil trades with Iran : ET

India is considering using gold to temporarily settle oil trades with Iran. If India were to settle crude oil trade in gold (even temporarily), it may set a precedence that will further erode the international status of the U.S. dollar and bolster the reputation of gold.

Japan a Facebook laggard; Indonesia has more Facebookers than UK

Socialbakers, which specialize in monitoring the Facebook platform, has revealed some interesting Facebook statistics. Perhaps the most surprising finding is that Japan, whose renown as a technology pioneer is unparalleled, is lagging way behind most countries in terms of Facebook penetration.
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From Mecca to Panj Takht - luxury pilgrimage blooms

When a quest for spirituality or devotion is merged with a sense of luxury, pilgrimage is given a whole new dimension. Luxury has imparted a new concept to a holy journey and this trend is fast catching up across the globe.

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