President Mohamed Nasheed of the Maldives, widely credited with bringing democracy to the hideaway resort islands, resigned on Tuesday after weeks of opposition protests erupted into a police mutiny and what an aide said amounted to a coup.
Raymond Ronamai
Feb 07, 2012
Indian airlines will be allowed to import jet fuel directly under a proposal from a ministerial panel, Aviation Minister Ajit Singh said, sending airline shares sharply higher on the prospect they will be able to cut costs.
Raymond Ronamai
Feb 07, 2012
The BSE Sensex snapped a five-day rally on Tuesday as investors locked in profits after the government forecast growth may dip below 7 percent, the slowest pace since the 2008 financial crisis.
Raymond Ronamai
Feb 07, 2012
Gold broke a two-day losing streak on Tuesday on light volume as the euro rose, but sellers matched buyers to keep the price in a narrow range.
Mike Obel
Feb 07, 2012
They call him the Yuva Samrat, or young emperor. Yet Rahul Gandhi has so far shown no inclination to claim the throne of the world's largest democracy.
Raymond Ronamai
Feb 07, 2012
Manappuram Finance Ltd (MNFL.NS), which provides loans using gold as collateral, said on Tuesday its board will meet on February 10 to discuss a Reserve Bank of India (RBI) notice that prohibited it from accepting or renewing deposits from the public.
Raymond Ronamai
Feb 07, 2012
India's economy is expected to grow at 6.9 percent in the current financial year, its slowest pace in three years, according to the official data released by the government.
Bhaskar Prasad
Feb 07, 2012
The Indian economy is estimated to grow 6.9 percent this fiscal year, its slowest pace in three years, the government said, as tight monetary policy and a logjam in government policy making coupled with weak global conditions stifles investment.
Raymond Ronamai
Feb 07, 2012
There is one single factor that unites all Malayalis (commonly referred to as Mallus) on Earth. It is the kappa factor or our love for tapioca.
Bhaskar Prasad
Feb 07, 2012
China on Monday barred its airlines from a European scheme to reduce carbon emissions, hardening its stance a week before a summit at which the European Union will seek Chinese help to ease its debt crisis.
Wenwen Meng
Feb 06, 2012
I find the whole spectacle rather patronizing and yet another effort to both “trivialize” and unnecessarily “exoticize” Indian women and their lifestyles.
Palash Ghosh
Feb 06, 2012
Norway's Telenor ASA (TEL.OL) plans to fight an order by the Supreme Court to cancel 122 telecoms licences held by its Indian joint venture, but has not ruled out abandoning the country altogether, the head of the company's Asian operations said.
Raymond Ronamai
Feb 06, 2012
Yuvraj Singh's cancer is curable and the hard-hitting Indian batsman is likely to be back in training in May, a New Delhi oncologist said on Monday.
Raymond Ronamai
Feb 06, 2012
Hopes of India and the European Union striking a free trade deal at a summit this week are fading fast, with differences over duties on cars and market access for software and service companies standing in the way of an accord.
Raymond Ronamai
Feb 06, 2012
The human safari exploitation of the Jarawa tribe of the Andaman Islands has reached the British Parliament with MPs tabling a motion calling on India to close the illegal road that cuts through the tribe's reserve.
Mark Johanson
Feb 06, 2012
The BSE Sensex rose for the fifth straight session on Monday, ending 0.58 percent higher, after last week's robust U.S. jobs data helped improve risk appetite, but the rally in the local market is expected to take a breather soon.
Raymond Ronamai
Feb 06, 2012
The rhetoric against illegal Bangladeshi immigration in India is strikingly similar to what right-wing American politicians say about illegal Mexican immigrants
Palash Ghosh
Feb 06, 2012
Gold demand in India, the world's biggest buyer of the yellow metal, edged up as prices extended losses for a third straight session, spurring traders to stock up given the wedding season.
Raymond Ronamai
Feb 06, 2012
Internet giants Google Inc and Facebook removed content from some Indian domain websites on Monday following a Delhi court directive warning them of a crackdown like China if they did not take steps to protect religious sensibilities.
Raymond Ronamai
Feb 06, 2012
Responding to remarks made by India's finance minister snubbing financial aid from the UK, a British MP said that it would be unacceptable to give India any aid even if they were begging us for it.
Amrutha Gayathri
Feb 06, 2012
India is facing challenges to keep its stable rating outlook with high inflation, weak fiscal position and slower economic growth weighing, Standard & Poor's rating service said on Monday.
Raymond Ronamai
Feb 06, 2012
Indian stock markets opened on a positive note and continued to trade in the green on Monday, boosted by unexpectedly healthy news from the U.S. jobs front that is widely seen as a sign of global economic recovery.
Bhaskar Prasad
Feb 06, 2012