The finance and oil ministries are lobbying for an increase in prices of diesel, kerosene and LPG, warning cabinet colleagues that time is running out to avert a fiscal disaster and a sovereign credit downgrade to junk by global ratings agencies.
Most of the Asian markets rose Thursday as investors remained hopeful that the European Central Bank would announce stimulus measures soon to help boost the euro zone economic growth.
X-rays indicated that the diamond is trapped in his gullet and might be very difficult to extricate.
“Michelle Obama wows convention with passionate speech.”
The UAE is expected to spend an average of $11 billion a year through 2031 on an estimated 882 commercial aircraft, according to a report by Airbus on the global market for aircraft.
Only 30 percent of Asian women surveyed, all aged 25-40, recognized that obesity could reduce fertility and only 36 percent knew that chances of getting pregnant declined with age.
A major blaze in a fireworks factory at Sivakasi in Tamil Nadu, India, has reportedly led to 10 people, including children, dead and more than 20 injured on Wednesday, local media reports said.
Asian stock market declined Wednesday as weak economic reports from U.S. and China weighed on the sentiment. Concerns over global economic downturn resurfaced after the Institute for Supply Management (ISM) said that U.S. factory activity contracted for the third straight month in August
India's service sector continued its growth for the tenth consecutive month in August, based on a quick and the fastest pace since February, based on steady growth in new orders, according to the latest HSBC PMI data released Wednesday.
August saw the Indian private sector business growing at its swiftest in six months. The rapid progress was augmented by development in new business since February amid increasing optimism about the future, according to a survey on Wednesday.
General Motors Co began initial production of its first ever Chinese-designed car for the Indian market this week, a major step for the U.S. automaker as it tries to scale up in a market where foreign companies have struggled.
Asian markets fell Wednesday as investors' concerns about the weakening global economy was revived by the declining U.S. manufacturing activity and disappointing China's services activity.
Oil & Natural Gas Corp. (Mumbai: ONGC), India's largest state-controlled energy driller, could lose its bid for $5 billion in Canadian assets controlled by energy giant ConocoPhillips Co. (NYSE: COP), due to its investments in Iran, which is facing U.S. sanctions.
India and China will resume joint military exercises in an effort to strengthen the shaky relationship between the two most populous countries on earth.
McDonald's Corporation (NYSE:MCD), the US-based fast-food restaurant chain headquartered in Illinois long known for its beef-based burgers of all shapes and sizes announced plans on Tuesday to open its first ever vegetarian-exclusive restaurants in India.
This means that Tokyo’s population in 2100 will match the numbers from 1940.
The world’s most populous country will become its biggest smartphone market by year-end, market researcher IDC estimates. It may account for 26.5 percent of all shipments compared with only 17.8 percent for the U.S.
Buses carrying the Sri Lankan pilgrims were attacked in the Indian state of Tamil Nadu Tuesday, a day after the Sri Lankan government had issued a travel advisory to its citizens. Sri Lanka had issued the warning in the wake of the increasing attacks against its citizens in Tamil Nadu.
IT sector funds were the top performers in August among Indian mutual funds that focus on domestic stocks as lower valuations of the sector's shares after their sharp declines in July revived investor interest.
Shaji Farooq, Infosys's financial services head in the U.S. has resigned and has joined rival business group Wipro.
Asian markets remained in a tight range Tuesday as investors were waiting for the outcome of meetings among the policymakers in the euro zone which is expected to announce measures to tackle the debt crisis affecting the region.
India's annual exports and imports declined for the third consecutive month in July owing to the weak demand from the U.S. and European countries due to the global economic slowdown.
