INDIA

Maruti Suzuki

Maruti Suzuki Raises Prices of all Its Models

Maruti Suzuki India Ltd, the country's top carmaker, raised prices of all its models on Tuesday, sending its shares up as much as 11 percent as investors rallied behind the company after months of falling sales appeared to have levelled in December.

India Changes Import Duty on Gold

Gold
India, the world's biggest consumer of bullion, has changed the import duty on gold to two percent of value from the earlier flat 300 rupees per 10 grams and that of silver to six percent of value from 1,500 rupees per kilogram, the government said.
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An employee prepares food for mothers using traditional Chinese medicine at the CareBay maternity care centre in Shanghai December 23, 2011.

China Seeks to Unlock Secrets of Herbs, Roots

Chinese legends have long extolled the benefits of the Tian Shan Xue Lian, a rare white flower found in snowcapped mountains that is revered as a panacea, an elixir so powerful it can supposedly bring the dead back to life.
IBTimes Logo

'Angry Brides' Game Targets Indian Dowry Demands

Anger at the practice of demanding dowries, which can lead to violence against brides, has prompted a takeoff of Angry Birds called Angry Brides that aims to highlight the illegal practice still prevalent in many South Asian countries.
File photo of Google Inc's logo

Google, Facebook Oppose Web Control in High Court

Internet giants Google and Facebook told the Delhi High Court on Monday that it is not possible for companies to block offensive content that appears on their websites, in a case that has stoked fears about censorship in the world's largest democracy.
Tata Motors sales up 31 pct in December

Power Firms Top Executives to Meet PM Over Power Issues

Top executives from India's major power companies will meet Prime Minister Manmohan Singh on Wednesday to push for swifter action to improve access to coal and make it easier to get funding, acquire land and get environmental clearances.
Brides

‘Angry Brides’ Game Targets Indian Dowry Demands

Anger at the practice of demanding dowries, which can lead to violence against brides, has prompted a takeoff of Angry Birds called Angry Brides that aims to highlight the illegal practice still prevalent in many South Asian countries.
Fresh food

India’s Inflation in December Drops to 7.47 Percent

India's headline inflation slowed sharply in December to a two-year low as food price pressure eased dramatically, but the Reserve Bank of India (RBI) is still expected to leave interest rates on hold next week as manufacturing inflation remained elevated.
Gold pellets

Gold Prices Firm above 200-Day Moving Average

Gold firmed in Europe on Monday, rising back above $1,640 an ounce, as a recovery in stock markets and the euro took some downward pressure off prices, with traders digesting last week's mass downgrade of euro zone countries from Standard & Poor's.
Mahendra Singh Dhoni

Dhoni Suspended for Fourth Test

Mahendra Singh Dhoni, the captain of the Indian cricket team, has been suspended for the fourth and final Test against Australia, because of slow over rate, the International Cricket Council said on Sunday.
Australia- India series

Australia Crush India to Seal Series Triumph

A rampant Australia blitzed India's tail to crush the hapless tourists by an innings and 37 runs with more than two days to spare in the third test and take an unassailable 3-0 lead in the series on Sunday.
Residents inspect the site of a bomb attack in Basra

Shia-Sunni Conflict Again Erupts in Iraq

The ancient enmity between Shia and Sunni Muslims exploded in violence again on Saturday in Iraq when a suicide bomb killed at least 50 Shia pilgrims and wounded almost 100 in the southeastern city of Basra, according to Iraqi police and security officials.
RBI

RBI Sets Pay Guidelines for Private, Foreign Bank Execs

The Reserve Bank of India has set guidelines for compensation of senior bank executives, imposing restrictions on guaranteed bonus, severance pay as well as a cap on variable pay, in line with global moves to rationalise pay structures and curb risktaking.
Seniors

Withdrawal Symptoms: What Happens When Baby Boomers Retire?

A whopping 44 percent of all mutual-fund shareholders are baby boomers, according to an Investment Company Institute report. As they take withdrawals from their retirement kitties over the next couple of decades, you're looking at a major, potentially market-altering event.

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