INDIA

India's Finance Minister Pranab Mukherjee

India Budget 2012-13: Highlights

India's Finance Minister Pranab Mukherjee Friday presented the budget for 2012-13 in the Parliament. Here are the highlights of the budget.

Reserve Bank of India Keeps Repo Rate Unchanged

The Reserve Bank of India (RBI) Logo
Following the Reserve Bank of India (RBI) leaving its repo rate unchanged at Thursday’s meeting and given that measures of activity have picked up recently and inflation is set to fall only gradually in the coming months, the forecast for rate cuts have been reduced to 100 basis points this year according to Capital Economics.
Taliban hostiges

Pakistan: Hostages Say They Escaped The Taliban

Olivier David Och, 31, and Daniela Widmer, 29 -- who appeared at a military check point in North Waziristan on Thursday -- told Pakistani officials that they escaped their Taliban captors.
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Ajmal Kasab: Pak Judicial Panel Arrives in India Today, ITBP Slaps Bill of Rs. 20 Crore for Kasab's Security

A Pakistani judicial panel will be arriving in India on Wednesday. The four-day visit of the panel is a part of the probe into the November 2008 Mumbai attacks, wherein, the panel members will be taking down the statements of the officials involved in the 26/11 Mumbai killing probe. The state of Maharashtra has been slapped with a bill of Rs 8.62 crore by the director general of Indo Tibetan Border Police (ITBP) for providing security to Ajmal Kasab outside the Arthur Road jail. The outstanding...
Ducati MotoGP rider Hayden of the U.S. performs a wheelie.

Audi in Talks to Buy Ducati

Audi AG, Volkswagen AG’s luxury unit, is in talks to buy Ducati, the storied Italian motorbike company from its private equity owner, Investindustrial Holdings Ltd., London, CAR magazine reported Monday.
Mass Marriage and Engagement in the Prostitution Village

India's 'Prostitute Village' Hosts Mass Weddings to End Sex Trade

The village of Vadia, situated in the northern district of Banaskantha, is notorious for forcing girls, some young as 12 years old into prostitution. Women from the community, who were once dancers and singers for the local war lords during pre-Independence era, were later roped into the sex trade as a means to make easy money. With their reputation tarnished, many community girls were considered unsuitable for marriage and prostitution began to thrive in these regions.
A trader checks stacked boxes of cotton inside a cotton processing unit at Kadi

India Partially Lifts Cotton Export Ban

Indian cotton shipments will resume for previously registered sales, but the government ban on new cotton exports will remain in effect until a review within the next two weeks.

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