INDIA

A small air plane crashed near Faridabad, near outskirts of the Indain Capital, the local television channels reported on early Thursday morning.

India is talking with other emerging nations to build support for a common candidate for a developing economy to be the next head of the International Monetary Fund, with Mexico's Central bank chief being a possibility, said two government sources, reported Reuters.

As the world slowly turns greener, alternative vacations allow people to immerse themselves in organic farming and clean living.

Southeast Asia is rapidly becoming one of the world’s most powerful economic juggernauts, driven by fast growth and strong monetary policies by local central banks.

Take a look at the world's five tallest buildings: Burj Khalifa, Taipei 101, Shanghai World Financial Center, International Commerce Center (Hong Kong) and the Petronas Towers.

According to the latest statistics of the US Office of Travel and Tourism Industries, L.A. was the 2nd most preferred US destination by overseas travelers in 2010 surpassing Miami which claimed the spot in 2009.

The next chief of the International Monetary Fund (IMF) will likely be one of two candidates, France Finance Minister Christine Lagarde (who has officially announced her interest in the job) and Mexico’s central bank governor Agustin Carstens, who is also lobbying for the sought-after position.

In a budge to deepen its economic ties with Africa, Indian Prime Minister Manmohan Singh is on a six days long visit to Africa from Monday. India, trying to emerge from the shadow of rival China by is offering $5 billion to help the continent rich with minerals and commodities, Reuters reported on Tuesday.

Top emerging economies joined forces to slam Europe's obsolete grip on the IMF's top job, even as France's finance minister appeared to strengthen her lead in the race to replace Dominique Strauss-Kahn.

St. Louis Federal Reserve President James Bullard said on Monday that stripping energy and food costs from inflation measurements may understate inflation. Ignoring energy prices in a price index may systematically understate inflation for many years, he added.

After Dominique Strauss-Kahn's resignation from IMF, French finance minister Christine Lagarde has emerged as the leading candidate for IMF chief, receiving the support of European nations. On the other hand, countries such as China, India and Mexico are calling for an IMF chief from among an emerging economy.

The top pre-market NASDAQ Stock Market gainers are: Sify Technologies, China Techfaith Wireless Communication Technology, GT Solar International, United Community Banks, Pharmasset, Perfect World, and TiVo. The top pre-market NASDAQ Stock Market losers are: Identive Group, Teva Pharmaceutical Industries, and Research In Motion.

The much awaited Google Science fair list of finalists is announced on Google's official blog.

At a trial, David Coleman Headley, the Chicago based Pakistani American who is accused of providing a front surveillance work in India in the 2008 Mumbai attacks has testified the involvement of at least one Pakistani Inter-Services intelligence directorate and a navy frogman, reported Reuters on Monday.

Despite being the ‘heir apparent’ to the top post of the International Monetary Fund (IMF), Christine Lagarde has cautioned that her candidacy might be premature.

Infosys Technologies, India’s second largest outsourcer, continued its expansion in China by setting up a new campus at the Zizhu Science and Technology Park in Shanghai and planned investment up to $150 million, reports said

The solid demand for gold is not supported just by private individuals and panicky investors, but countries like China, India and Russia are ramping up investment in the yellow metal.

A security flaw in the LinkedIn’s professional networking website makes users' accounts more prone to hacking without the use of passwords.

The dollar may need to make room for the Euro and the Renminbi as the rise of economic strength and influence of emerging markets threaten its dominant position as the world's currency.

Indian business executive Ratan Tata has blasted the work ethic of British employees and managers.

Formula 1 boss Bernie Ecclestone will consider postponing the inaugural Indian Grand Prix to make room for Bahrain.