INDIA

Gold Prices Inch Up From 3-Month Low

Cannington silver mine
Gold inched higher on Thursday after falling to a near three-month low the previous day as weaker prices tempted some buyers, but gains were capped by a stronger dollar and fading hopes for a fresh round of monetary stimulus in the United States.
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$100 Million Sought as New Discrimination, Immigration Violations Complaint Filed against L&T

In a new twist to the class claims lawsuit against India-based conglomerate Larsen & Toubro and its U.S. subsidiary L&T Infotech, an amended complaint has been filed to include yet another former female employee of the company who has alleged gender and pregnancy discrimination, and has also outlined in detail massive immigration violations that the company was indulging in.
Manmohan Singh

India Terms Military Coup Rumors As 'Alarmist' And 'Baseless'

Responding to the bombshell of a story carried by an Indian newspaper on the suspicious military movements insinuating a military coup, Prime Minister Monmohan Singh Wednesday said that the reports were alarmist and should not be taken at face value.
Gold pellets

Gold Prices Hold Near $1,675

Gold held near $1,675 an ounce on Tuesday as investors took to the sidelines ahead of the release of minutes from the Federal Reserve's latest policy meeting, which will be closely watched for clues on the direction of monetary policy.
A worker processes nickel ore at a Vale plant in Indonesis

Indonesia Mulls Steep Tax On Mineral Exports

One of the world's largest exporters of raw materials is working to introduce a steep tax on just such shipments this year, Reuters is reporting, a move that is catching foreign investors and major trading partners by surprise.
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India's Sterilization Camps See Rural Women Treated Like Cattle

These government-operated sterilization policies were initiated by Prime Minister Indira Gandhi in the 1970s as a means to prevent the occurrence of defective genetic traits in the Indian population. During that period, thousands of men and women had undergone vasectomy as a part of the program’s family planning initiative. These strategies failed to hold down the population growth, but have nevertheless continued into the 21st century.
Sunil Babu Pant, founder of Nepalese LGBTI group Blue Diamond Society

Could Nepal Be The Gay Haven Of South-Asia?

Nepal, the Himalayan state bordered by Asian giants China and India, has arguably achieved what its neighboring nations haven't even thought about: Preparations are underway in its mountainous terrain -- where the monarchy gave way to democracy only in 2008 -- to host the region's first sports competition for LGBTI (Lesbian, Gay, Bisexual, Transgender and Intersex) community.
Indian Gold

India's Tital Industries Gets OK To Directly Import Gold

India's Titan Industries, a jewellery maker promoted by the Tata group, has got approval from the government to directly import gold, its key raw material, said a government official, a move which will help the company save its operating costs.
Afton-Ajax Copper-Gold Mine

Gold Prices Rise Above $1,680 On Weak Dollar

Gold prices rose above $1,680 an ounce on Monday as the dollar steadied off earlier one-month highs against the euro, with the U.S. unit further paring gains after U.S. construction spending and manufacturing data.
India

Global Business Groups Warn India Over Tax Plan Impact

International trade groups representing more than 250,000 companies have warned Indian Prime Minister Manmohan Singh that new taxation proposals by his government have led foreign businesses to reconsider their investments.
Myanmar Suu Kyi

Suu Kyi Elected; Party Claims Myanmar Landslide

Burmese pro-democracy leader Aung San Suu Kyi won a seat in parliament Sunday, as her National League for Democracy claimed a near-sweep in historic by-elections that will test Myanmar's reform credentials and could convince the West to end sanctions.

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