INDIA

Indian Stock Markets Trade In Red; Rupee Approaches Its Record Low

A man walks past the BSE building in Mumbai
Bombay Stock Exchange's benchmark Sensex and NSE's Nifty opened in red in the morning session Wednesday, weighed down by a slump in the shares of Tata Motors. The choppy trading continued with India's largest automaker being the top loser in the BSE with a 9.03 percent or 24.80 points decline.
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Indian Rupee

Fall In Rupee Won't Hurt India's Ratings: Moody's

Global rating agency Moody's on Monday said that the steep depreciation of rupee against a dollar will not affect India's sovereign ratings negatively. However, it added that private sector companies with huge overseas debts will be hurt by the slip in the value of the rupee.
An employee fills a car with petrol at a gas station in Jammu February 26, 2010. India will raise petrol and diesel prices from Friday midnight, Oil Secretary S. Sundareshan told reporters.

India Rules Out Hike In Diesel, Kerosene and LPG Prices

Indian government bowing to the political pressure has decided not to hike diesel, Kerosene and LPG prices for the time being. The ruling UPA government is still fighting the fallout of its unpopular decision to steeply increase the petrol prices last week, as the opposition parties as well as some of its own allies are demanding a rollback.
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Aishwarya Rai Shows Off Curves At Cannes, Responds To Weight Gain Criticism [PHOTOS]

On Friday, Aishwarya Rai attended the premiere of Cosmopolis dressed in a glittering Elie Saab gown from the designer's Fall 2011 Couture collection. The midnight-blue embroidered ensemble featured sheer long sleeves, a velvet floral apllique at the waist and a pleated train. The actress even took time to respond to all those pesky weight gain critics.
Gas pump

Why India Should Hike Diesel Prices

Fearing a political backlash, the Indian government has postponed the decision to hike the diesel prices for the time being. However, economists feel that it is time the government deregulated the prices of diesel and stopped subsidizing them.
Aung San Suu Kyi holds a bunch of flowers before addressing supporters outside the headquarters of her National League for Democracy party in Yangon

After 24 Years In Myanmar, New Doors Open For Aung San Suu Kyi

When Aung San Suu Kyi left her husband and children in England to visit her ailing mother in Myanmar 24 years ago, she never imagined that she'd be stuck inside the Southeast Asian country for 24 years. Now, she will leave Myanmar for the first time since 1988.

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