INDIA

BMW launches cheapest X1 model  in India

BMW launches cheapest X1 model in India

German Luxury carmaker BMW on Thursday launched a new sports utility vehicle, X1, in India. Priced at 2.2- 2.9 million rupees (ex-showroom Delhi), X1 is the company's a cheapest model in the country.
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Nissan’s new sedan Sunny to hit Indian roads

Nissan's new sedan Sunny to hit Indian roads

Nissan Motor Co on Monday unveiled the all-new Global sedan model 'Sunny' at the 8th China (Guangzhou) International Automobile Exhibition. The model will be launched in China in January 2011 followed by India in the second-half of the next year and progressively across 170 countries.
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Gold Coin Buying & rising ETF Demand boost Gold price

The world's largest exchange traded gold fund - the New York, Tokyo, Hong Kong and Singapore-listed SPDR Gold Trust - added 15 tonnes to its holdings on Friday, the largest one-day addition since the height of the Greek deficit crisis in May.
Will India respond to allegations of human rights abuses in Kashmir

Will India respond to allegations of human rights abuses in Kashmir?

Classified US diplomatic cables leaked by whistle-blower site Wikileaks revealed that the International Committee for Red Cross (ICRC) briefed US officials over the continued ill-treatment of detainees in Kashmir by the armed forces and the police. Some cables stated that the government-nurtured militia committed brutal human rights abuses including extra-judicial killings, rapes and extortion of Kashmiri civilians suspected of harboring extremists in the Valley.
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Top After-Market NYSE Movers

The top after-market NYSE gainers on Thursday are Office Depot, Accenture, Salesforce.com and American Express. The top after market NYSE most active stocks are Citigroup, Boston Scientific, Sprint Nextel Corporation and Bank of America.
A worker cleans a Hero Honda logo inside its showroom in Hyderabad

Hero, Honda part ways after 26 years

India's largest two-wheeler maker Hero Group has ended its 26 year old joint venture with the Japanese Honda Motor Co, as the Indian partner agreed to buy out its Japanese counterpart for an undisclosed sum.
Ford Figo voted 2011 Indian Car Of The Year

Ford Figo voted 2011 Indian Car Of The Year

India's best-selling compact model vehicle, Ford Figo, was awarded the Indian Car of the Year (ICOTY) 2011 title on Thursday. Now in its sixth year, the ICOTY is awarded to a new vehicle after comprehensive testing by a jury of automobile journalists in India.
Harley-Davidson India launches two new models in India

Harley-Davidson India launches two new models in India

Milwaukee-based Iconic bike maker Harley-Davidson on Wednesday introduced two new models - SuperLow and Iron 883 - priced at Rs. 5,50,000 and Rs. 6,50,000 (ex-showroom), respectively to expand its portfolio in India.
Nouriel Roubini, New York University Professor of Economics and co-founder and chairman of Roubini Global Economics.

What Roubini predicts for major global economies in 2011

Roubini Global Economics (RGE) has predicted that global economy's growth next year will be marginally weaker than this year, with eurozone holding the biggest risk to global growth, and that the U.S. will not emerge any time soon from the worst unemployment crisis it has faced in decades.
Shares of major private banks of India

Indian banks tapping overseas depositors perform better despite high domestic rates

It is inevitable for Indian banks to compromise on margin as the country is going through a rising interest rate scenario, which has pushed most banks' stocks below their end-September levels, but at least three main private banks are still selling at a higher price, probably helped by valuation advantage and mostly steady pricing of deposits by Indians residing abroad.

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