INDIA

The Society of Indian Automobile Manufacturers (SIAM) cut its car sales growth projection for the financial year 2013 to 9-11 percent from the 10-12 percent growth as expected earlier, amid concerns of escalating cost and sluggish demand for cars in the domestic market.

The State Bank of India (SBI), the prime lender to the debt-stricken Indian private air carrier Kingfisher Airlines, said Tuesday that a full recovery of its loans might not happen immediately. The ailing airliner owes $1.4 billion in loans to 17 plus lenders, who have asked the company to infuse fresh capital.

The Beatles and Rolling Stones were inadvertently stepping into a vacuum ? the biggest rock star in the world, Elvis Presley, was inducted into the army in 1962.

Seeking to resolve the territorial tensions in the South China Sea, the Association of South East Asian Nations (ASEAN) Monday hammered out the key elements of a code of conduct in the region which has been at the heart of recent maritime confrontations between China and the other nations in the Pacific.

Most Asian markets fell Tuesday amid investor concerns about the intensifying debt crisis looming over the euro zone and the worsening global economic downturn.

The world's major economies extended their slowdown in May, with conditions deteriorating significantly in India and Italy, according to a statistical indicator released by the Organisation for Economic Co-operation and Development on Monday. Even in Brazil, one of the few economies surveyed that is expanding, the pace of growth slowed.

Park Ji-Sung has been unveiled as a Queens Park Rangers player, with speculation also linking Nani with a move away.

Desai may have had the last laugh on all the naysayers; he lived to be 99 years old (in a country where the average life expectancy is only 64).

A panel constituted by India's Finance Ministry to look into the implementation of the controversial General Anti Avoidance Rules (GAAR) policy Monday decided to reduce the number of illustrative examples in the draft guidelines.

Asian stock markets face the week with sentiment leaning negative as economic news, particularly from China, is likely to disappoint investors.

The Indian government has taken a major step toward its ambitious vision of achieving Universal Health Coverage (UHC) by initiating a $5.4-billion plan that would allow the government sector doctors to prescribe generic drugs to the patients free of cost.

Hopes that emerging markets will lead the world out of the global economic slowdown are beginning to dim.Christine Lagarde, managing director of the International Monetary Fund (IMF), voiced her concerns over the strength of the global economy, emphasizing that emerging markets, which currently account for two-thirds of global growth, were showing signs of weakening.

Orders for dozens of fighter jets worth as much as $200 million each don't happen often. When they do, manufacturers fight tooth and claw, and that's just what's happening in South Korea.

Is Pakistan an enemy of the United States? For the past two years, the Obama administration has doggedly maintained that the South Asian nation remains a vital American ally, even as it has grappled with what it itself admits is a ?complicated? relationship.

Mauritius has conveyed its readiness to cooperate with India to plug in the loopholes in the Double Taxation Avoidance Agreement (DTAA), the tax treaty that exists between the two countries.

While scientists are yet to confirm whether the new particle is indeed the long sought-after Higgs boson, also called the God Particle, everyone knows that 'Higgs' is derived from Scottish physicist Peter Higgs. But does anyone know that the term boson celebrates an Indian physicist just as Higgs glorifies Peter? Yes, the word boson is related to the forgotten Indian contribution to the discovery. It owes its name to Satyendra Nath Bose, an Indian physicist....

Kashmir's Jamaat-e-Islami religious group has issued a strict dress code that it hopes to impose on all incoming tourists. Local officials, however, fear it will hamper the region's efforts to promote itself as a safe and welcoming destination.

From city hospitals to tiny rural clinics, India's public doctors will soon be able to prescribe free generic drugs to all comers, vastly expanding access to medicine in a country where public spending on health was just $4.50 per person last year.

A consortium of lenders of the cash-strapped Kingfisher Airlines Thursday asked the Indian private carrier to sell its properties in Goa and Mumbai and to come up with concrete steps to improve its operations.

India is purchasing oil from Iran using euros to overcome the problems faced in making transactions in the rupee due to its limitations of direct conversion into foreign currencies abroad.

Asian stock markets declined Thursday as market participants remained cautious ahead of the European Central Bank (ECB) and Bank of England's (BOE) policy decision meetings later in the day.