India expects to spend about $95.47 billion on information and communication technology (ICT) in the country by 2014, driven primarily by hardware and telecom, according to research firm Gartner.
A reignited civil war after the Southern Sudan referendum on independence could cost the International community and the country at least $100 billion, a think-thank report said. The January 9 vote is likely to go in the favor of the oil-rich South Sudan's demand of secession from the North. Tensions have been escalating in the region with reports of a fresh wave of attacks led by the government troops on South Sudan regions.
Dollar, Korea, Ireland, Asian demand, inventories and technicals - a lot of things are weighing on oil now. But market participants find the question if the commodity has reached its bottom technically and on robust demand in some regions, or will a dollar rally or geopolitical developments force it break below the current range, tough to answer.
The Nitish Kumar government set the state police free in arresting criminals, unlike before when the criminals enjoyed the support of politicians.
Nira Radia, a corporate lobbyist whose name figures in the 2G spectrum scam, was questioned by Enforcement Directorate (ED) officials in New Delhi on Wednesday.
India's Central Bureau of Investigation (CBI) said on Wednesday it has arrested India's state-run LIC Housing Finance CEO, general manager of state-run Central Bank of India and a deputy manager of Punjab National Bank in connection with an alleged fake home loans scandal.
Bihar, India’s third most populous state voted Janata Dal (United)’s-Bharatiya Janata Party combine to power with a thumping majority to give Nitish Kumar a second term as chief minister of the state, giving a drubbing to the rival combine of Lalu Prasad and Ram Vilas Paswan, decimating the Congress.
SpaceX, which aims to be the first private company to launch manned space vehicles, reached another milestone with its Federal Aviation Administration License for re-entry to Earth's atmosphere.
Government policies all over the world are distorting the market for agricultural products and discouraging their production at a time when there is a global shortage of them.
China reiterated its stance on climate change ahead of UN climate summit in Cancun next week, promising effective measures to reduce greenhouse gas emissions over the next five years.
Indian media is now running for cover. The 2G spectrum scam, which has snowballed into a major controversy involving Indian politicians and businessmen has now become hotter for journalists to handle as it allegedly involves two of their senior members.
Special representatives of China and India are scheduled to discuss Sino-Indian border issue in Beijing later this month.
India was quick to dismantle the New Zealand batting line on the fourth day of the third test in Nagpur, winning by an innings and 198 runs to claim the three-match series 1-0.
Rare earth elements are not exactly rarefied minerals, but the rest of the world played into China's hands by going easy on their exploration and production as environmental priorities complicated a game they were already losing to China on the labor cost front.
Thomson Reuters, the world's leading financial news and business information provider, is acquiring Pangea3, one of the largest legal outsourcing firms in India, for an undisclosed amount.
The most serious [economic] challenge today is that of unemployment, said Pascal Lamy, the director-general of the WTO. Lamy urges countries to expand global trade, instead of clamping down on it, to create more jobs for everyone.
Helped by Rahul Dravid's 199, India set New Zealand a huge target of 373 in the third day of the third test at Nagpur.
The US guest workers programs design needs an immediate and substantial in the wake of high unemployment in the nation.
Toyota motors will upgrade engine assembly lines worldwide to cut output cost and make even the smaller assembling units profitable, the Nikkei daily report said.
The Central Asian nation of Turkmenistan has promised to supply natural gas for the proposed Nabucco pipeline -- a project that could allow European Union (EU) countries to rely less on Russian energy in the future.
Premier League club Blackburn Rovers have been taken over by the Indian company Venky's for £23m
Rubber futures rallied on Tokyo Commodity Exchange (TOCOM) on Friday, on expectations China may top off its stocks and on continued supply concerns.
