INDIA

Swine Flu

Swine Flu Outbreak In India Kills 12 As H1N1 Virus Re-emerges

A swine flu outbreak in India has claimed 12 lives since the beginning of this month and more than a hundred people have been infected so far. The source of the outbreak has not yet been determined, but India's Health Ministry has said it is being contained and urged people not to panic.
Iran Oil

High Oil Prices Will Not Raise Inflation In Asia: Report

The increase in oil prices in recent weeks has caused some to fear that inflation in Asia will soon rise sharply. However, according to Capital Economics, even if oil prices stayed at current levels, inflation would continue to ease across the region.
More news
IBTimes Logo

South Park New Episode Exposes ‘Cash For Gold’ Conspiracy [VIDEO]

The second episode in South Park's 16th season took on Cash for Gold stores and cable shopping networks, mapping out a ridiculous conspiracy in which gold is continuously made into jewelry, sold to old Americans, gifted to their children and grandchildren, sold for a few bucks at pawn shops, smelted down and then forged into jewelry again in a never ending cycle designed to rip off the elderly. Of course Stan sets out to solve the mystery and right the wrong while Cartman attempts to cash in ...
Gold bars

Gold Falls to Lowest Level Since Mid-January

Gold hit its lowest level since mid-January on Thursday, influenced by dollar strength, with the market having unwound all of the premium built up on expectations for further U.S. quantitative easing.
The Wall Street sign is seen in front of the New York Stock Exchange

Markets Bob Up, Down on Slow News Day: Daily Markets Wrap

Markets bobbed up and down Wednesday on conflicting data as to what the U.S. economic picture will look like in the near term. Investors spent the day dealing with conflicting sentiments: a less-than-enthusiastic housing report on the one hand, a view that the U.S. economy is generally getting better on the other.
A man and two passengers ride on a scooter past a shop displaying the Vodafone logo on its shutter in Jammu

Vodafone Gets $500M Tax Refund From Indian Govt

The Supreme Court in India reaffirmed on Monday its ruling rejecting a $2.2 billion tax claim by the Indian government against Vodafone Group Plc., and the Indian government return a 25 billion rupees, $500 million, tax deposit to the company Monday.
IBTimes Logo

Developing Nations To Name 2 Candidates To Head World Bank

Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo are set to be nominated to lead the World Bank, sources with knowledge of emerging market efforts to find candidates said on Tuesday.
Gold bars

Will Bull Market for Gold Continue?

Gold is expected to reach a new record high of $2,200 per ounce as fears of Economic and Monetary Union of the European Union break-up surge again and with U.S. monetary policy anticipated to remain supportive, according to Capital Economics.
Gold back in vogue, posts biggest gain since August

Gold Falls On Dollar Strength

Gold fell on Tuesday, hurt by strength in the dollar which profited from the growing view in the market that the U.S. economy is on a firmer footing, ending a three-day rally in the bullion price.
An Airbus A319

India To Boycott EU Airline Tax

India will call upon local airlines to boycott the European Union's carbon-offsetting tax, as an ongoing row over a recently-instated tax on flights in and out of Europe has sparked discontent from several nations and heightend fears of a trade war.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.