New initiatives don't always succeed first time. The government's auction of 5 percent of Oil and Natural Gas Corp, the energy group, could have flopped had it not been for last-minute intervention from state-owned Life Insurance Company of India. But if Delhi learns the right lessons, the auction route could yet be an effective way of selling stakes in state-run firms.
Raymond Ronamai
Mar 03, 2012
Got 48 hours to explore Singapore? The Asian financial and business centre has undergone a makeover in recent years and it is now also a playground for Asia's rich where sleek skyscrapers meet quaint shops.
Peggy Truong
Mar 02, 2012
Japan is facing a demographic nightmare that portends a doomsday scenario for its future.
Palash Ghosh
Mar 02, 2012
Sri Lanka beat Australia by nine runs despite Dan Christian's hat-trick in a dramatic one-day international on Friday to book their place in the final of the Tri-series against the hosts and send India home.
Raymond Ronamai
Mar 02, 2012
The story of an athlete who gives up running and ends up becoming a dacoit on the run from the law may sound improbable. Why would a successful sportsman pick up a gun and kill people?
W Rorrkychand Singh
Mar 02, 2012
A New York woman, who lives in a 34-room mansion, has been arrested for keeping an illegal immigrant as a servant who was made to work 17 hours a day, seven days a week and was paid about 85 cents an hour.
Ankita Mehta
Mar 02, 2012
Gas prices have risen to above $4 per gallon in many parts of the United States, sending economists into a tizzy about its impact on consumer spending, consumer confidence and the effects it will have on the housing market.
Daniel Tovrov
Mar 01, 2012
India's exporters have begun receiving the first rupee payments from Iran, Indian government and trade sources said on Thursday, kicking off a mechanism to skirt Western sanctions which have made doing business with Tehran tougher.
Raymond Ronamai
Mar 01, 2012
Business at U.S. manufacturers expanded at a slower-than-expected pace in February, according to a closely watched survey of the sector released Thursday.
Moran Zhang
Mar 01, 2012
Kingfisher model and worldwide Internet sensation, Poonam Pandey, kept her promise and tweeted a topless photo of herself without bikini on Twitter, amidst the many other sexy photos of the 19-year-old Indian model, in honor of her World Cup promise for Team India.
Nadine DeNinno
Mar 01, 2012
Teen pop sensation Justin Bieber turns 18-years-old today. Fans from all over the world are celebrating the Canadian singer's birthday as Happy National Bieber Day on twitter. Thousands from all over the world have posted their birthday well wishes on Twitter. Check out the hilarious birthday tributes, as well as the Harry Potter fans who don't appreciate the singer sharing the same birthday as Ron Weasley.
Amanda Remling
Mar 01, 2012
The cabinet has allowed cash-rich state companies to buyback shares and participate in the government's divestment programme, Praful Patel said on Thursday, as New Delhi looks to narrow its widening fiscal deficit.
Raymond Ronamai
Mar 01, 2012
The Pritzker Prize jury went in a more political direction this year, awarding the prize Chinese architect Wang Shu the profession's highest honor, it deliver
Stephen Smith
Feb 29, 2012
A diamond coveted by kings, queens and princes for centuries, used to reinforce alliances between nations and pawned to pay off royal debts goes on sale at Sotheby's in Geneva on May 15.
Peggy Truong
Feb 29, 2012
Crude oil is predominantly priced and traded in U.S. dollars, although Iran has already accepted payments in some other currencies.
Palash Ghosh
Feb 29, 2012
The Aakash tablet, known as the world's cheapest tab and other low cost BSNL tablets are ruling the Indian tablet market. Check out the comparison of all these low-cost tabs.
sangeeta mukherjee
Feb 29, 2012
The Beau Sancy, one of the most celebrated diamonds of all time with a history of ownership by the Royal Families of France, England, Prussia and the House of Orange, has been put up for auction at Sotheby's Geneva.
Monami Thakur
Feb 29, 2012
India's economy grew at 6.1 percent in the October-December quarter, the slowest rate of growth in 11 quarters, official data released on Wednesday showed.
Bhaskar Prasad
Feb 29, 2012
Standard Chartered Plc said Wednesday it posted an increase in profit of 12 percent last year subsequent to robust revenue growth in both wholesale and consumer banking.
Bhaskar Prasad
Feb 29, 2012
Mohandas Karamchand Gandhi, the icon of peace and non-violence and the Father of Indian nation, was baptized by proxy by the Church of Jesus Christ of Latter-day Saints (Mormon) on March 1997, according to information from an independent researcher. The revelation by the researcher Helen Radkey of Salt Lake City has raised sharp reactions from Gandhi's grandsons and Hindu activists worldwide.
Sreeja VN
Feb 29, 2012
India's economic growth slowed to its weakest annual pace in almost three years in the three months to December, as high interest rates and rising input costs constrained investment and manufacturing. GDP rose 6.1 percent in October to December compared with a year earlier, a lower-than-expected increase, figures from the statistics office showed.
Raymond Ronamai
Feb 29, 2012
Recent oil price increases are not a big threat to emerging Asian economies because of their strong fundamentals, analysts have said.
Bhaskar Prasad
Feb 28, 2012