INDIA

India Have Good Chance of Defeating Australia

MS Dhoni and Virat Kohli
India have fought some epic battles with Australia but now embark on a test tour with what many believe is their best chance of humbling the wearers of the baggy green caps in their own back yard for the first time.
Kingfisher Airlines

Kingfisher Grounds Planes; Lenders Await Report

Lenders to cash-strapped Kingfisher Airlines, which has been grounding planes and cutting routes to stay aloft, are awaiting a report on the airline's viability before they approve a $133 million loan, banking sources said on Monday.
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Fitch Says Comprehensive Eurozone Deal 'Beyond Reach'

Credit rating agency Fitch told the Eurozone on Friday it thinks a comprehensive solution to the bloc's debt crisis is beyond reach, as it put an number of the bloc's economies including Italy on watch for potential downgrades.
Incredible India

India not Incredible Anymore?

Policy paralysis, corruption scandals and a government fearful of political backlash to any bold moves have worsening domestic finances, and Incredible India is no longer incredible.
Villagers carry the body of a man, who died after consuming bootleg liquor, during his funeral near Diamond Harbour

Tainted Bootleg Liquor Kills More Than 100 in India

More than 100 people died and many more hospitalized in eastern India after consuming a batch of home-brewed liquor thought to have been laced with methanol, a highly toxic chemical, officials said Thursday. Police arrested eight suspected bootleggers.
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Top 10 Economic Predictions for 2012 from IHS

Economic growth across the world will slow in 2012 due to the problematic combination of private-sector deleveraging, public-sector austerity and the lack of confidence in political leaders' ability to navigate these situations according to IHS, a leading macro-economic consultancy.
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Canada and Japan explore bilateral trade deal

Canada and Japan have agreed to decide soon whether to negotiate a bilateral economic partnership agreement, and Canada also aims to complete a free trade agreement with India by 2013, government officials said on Wednesday.
Industry

Economic Gloom Deepens as Rupee Fuels Inflation

India's economic gloom deepened on Wednesday as figures showed a record low rupee is adding to Reserve Bank of India's (RBI) inflation headache and an adviser to the prime minister said there was little that could be done to check the currency's slump.
Laborer at work

Growth Disappointments Drag India Funds Down

Worries that India's evolution into an economic superpower may be overhyped and signs the government may lack the will to further dismantle a protectionist legacy drove India-themed funds to the bottom of performance league tables in November.
Gold jewelry

World's Biggest Jewellry Maker to Import More Gold

India's Rajesh Exports, the world's biggest jewellery maker, expects to raise gold imports 17 percent next year to power its renewed thrust in the competitive and fragmented local jewellery market as a cushion against a volatile export market, its chairman said on Wednesday.
France's President Sarkozy sits next to German Chancellor Merkel and European Commission President Barroso at the EPP congress in Marseille

Global Military Balance Shifts as Economic Winter Hastens Europe’s Decline

A shift in the global military balance is one of the inalienable fallouts of the economic winter experienced by the Western world. While military spending in the U.S., the reigning super power, is increasingly coming under a scanner, the extended defense holiday in Europe signals that the continent’s global influence is on irreversible decline.

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