In an attempt to boost foreign fund flow into the country, the Reserve Bank of India eased the limit of external commercial borrowings (ECB) by any individual, company or group.
India's industrial output grew at a flat 0.1 percent in July, 2012, against the analysts' expectation of a 0.5 percent growth as compared to the same period a year ago, showed the data released by the Indian government Wednesday. The Index of Industrial Production (IIP) had contracted by 1.8 percent in June 2012.
Asian stock markets rose Wednesday as investors remained hopeful that policymakers in the U.S. and China would announce monetary easing measures to boost the global economy and rejuvenate economic growth momentum.
India currently has 20 operational nuclear power reactors in India in six states. Seven more plants are under construction and at least 36 more projects are on the drawing board.
Rhino poaching has seen a resurgence in recent years due to an increase of demand for their horns in Asian markets. But all across Africa, local community members are working tocreate sanctuaries and lessen the risk of extinction.
GoDaddy.com, the popular website that hosts millions of domains for businesses, said it had restored most service Tuesday. On Monday, it was subject to cyberattack by someone claiming to be a member of the Anonymous hacker group.
The arrest of freelance cartoonist and free-speech activist Aseem Trivedi on charges that his cartoons were derogatory to the Indian constitution has sparked widespread furor in India.
Most U.S. employers are unwilling to add workers because of uncertainty around November's elections, the Federal budget, and the effect of Europe's slowdown, according to a quarterly hiring survey by ManpowerGroup. The pace of hiring is expected to slow in large emerging economies including China and India.
Investors fed up with years of poor returns are deserting BRIC equity funds, pushing share valuations to record cheap levels and questioning the future of the high-profile investment theme.
Most of the Asian markets fell Tuesday as investors' concerns about the debt crisis affecting the euro zone were revived, undermining the optimism initially raised by the bond-buying plan announced last week by the European Central Bank.
Customer sites operated by private GoDaddy.com reported major computer problems Monday due to an apparent cyberattck by Anonymous. Last winter, Intyernet activists attacked GoDaddy.com for its support of the Stop Online Privacy Act.
New York City tops the list for global LGBT travelers in 2013, but the United States as a whole falls behind another country as most popular destination.
Pakistani Hindus arriving in India are demanding refugee status, citing a pattern of persecution and discrimination in Muslim-dominated Pakistan.
Infosys Technologies Monday said that it would buy Swiss technology consulting firm Lodestone Holding AG for 330 million Swiss francs ($350 million) which is expected to help India's second biggest software exporter to improve services to its clients.
Most of the Asian markets rose Monday as investors remained hopeful that stimulus measures would soon be announced by China to boost its economy as its industrial production growth rate slowed down in August compared to previous month.
From Daimler trucks in Germany to tractors in Brazil, Rohit Saboo's Indian automotive parts are making their way into vehicles all over the world. But as he scales up exports to compensate for slowing growth at home, a lack of spending on innovation is undermining his sales pitch.
Pakistan and India will ease tough visa restrictions, an important step forward in improving relations between the nuclear armed neighbours, their foreign ministers said Saturday.
Asian stock markets ended with gains last week after the European Central Bank (ECB) announced plan to reduce borrowing costs of struggling euro zone countries’ and news that Chinese regulators had approved another batch of infrastructure projects, which should stabilize and restore growth in the world's second largest economy. Market participants’ are likely to focus on Federal Open Market Committee (FOMC) interest rate decision on September 13th.
Amid the recent controversies relating to the exploitation of the endangered Jarawa tribes in the Andaman Islands of India, there is something to cheer about as the government has said that the population of the tribe has increased to 407.
After breaking from decades of military rule, Myanmar's parliament ratified legislation promoting foreign investment on Friday, opening the southeast Asian country to investment from companies like MasterCard Inc. (NYSE: MA), the Coca-Cola Company (NYSE:KO) and General Electric Co. (NYSE: GE).
Culture in America is dead, largely because the middle-class does not care about such things.
Activists have filed a formal complaint with the state’s chief justice and also introduced an online campaign to condemn the judge and remove him from the bench.
