Asian stock markets ended with gains last week as sentiment continued to improve on hopes that the European Central Bank would shortly take policy action to lower the peripheral bond yields of struggling nations such as Italy and Spain.
India's struggling private air carrier Kingfisher Airlines Saturday reported a 147 percent increase in its loss to 6.51 billion rupees for the quarter ending June 30, compared with a loss of 2.64 billion in the same period a year ago.
The Indian government's proposed plan to provide free mobile phones to every family below the poverty line may not take off as the Finance Ministry and the opposition parties objected to the move.
Kingfisher Airlines, which used to be India's second biggest carrier but is now struggling with crushing debt, posted another quarterly loss on Saturday and shed no light on any potential funding lifeline.
Japanese car maker Honda's Indian subsidiary Friday ended a 16-year old partnership with Usha International Ltd (UIL) by buying the 3.16 percent shares held by the latter in Honda Siel Cars India Ltd.
Asian markets gained this week on buoyed investor confidence with indications of an improving U.S. economy and the hopes of an announcement of stimulus measures by China to regain the economic growth momentum.
Shivpal Yadav is a member of the Samajwadi Party, which swept into power in Uttar Pradesh in March with a pledge to stamp out corruption.
Police are also investigating six other people, including a government official, who may have been involved in this saga as middle-men in the transaction.
The U.S. Department of Agriculture slashed its corn-yield forecast for the year as the Food and Agriculture Organization warns of a potential repeat of the 2007-08 global food crisis.
The Bentley Continental Supersports Convertible embodies contradictions: British class and refinement contain the aggression and power of a tiger about to pounce. The Supersports Convertible strives to be perfect, and in most regards it is. Any review of a car of the Supersports Convertible's caliber has to focus on the details or limit itself to five short words: this is a great car.
Would the expressions of grief be as widespread and deep if neo-Nazi Wade Michael Page had shot up a camp filled with illegal aliens from Mexico?
The suit against him alleges that "well over 10,000 cases of torture and extra-judicial killings” took place during Badal's 1997-2002 and 2007-2012 regimes.
India celebrated "Janmashtami" on Friday marking the birth of Hindu god "Krishna" with fervor and joy across the country. Tiny tots dressed up as little Krishna and Radha, his consort, in colorful clothes and elaborate jewelry, participated with enthusiasm, adding color to the celebrations.
The Renault-Nissan Alliance headed by superstar CEO Carlos Ghosn is hoping to beat the crowds in the nascent African automotive market with the largest assembly plant on the continent.
A global hike in food prices last month due to unfavorable weather conditions, compounded by exporting nations placing restrictions and importing nations stockpiling due to concerns over the grain price rally, could lead to a food crisis along the lines of the one that happened in 2007-08, the U.N.'s food agency warned Thursday.
Indian inflation probably crept up in July as poor monsoon rains drove food prices higher, a Reuters polls showed on Wednesday, giving the RBI less room to cut interest rates to revive a flagging economy.
Most of the Asian markets fell Friday as investors were disappointed to note that China's trade balance for July was worse than expected, increasing concerns about the faltering economic condition.
In 2010, fifteen Nepali servants committed suicide in Lebanon due to gross abuses.
Another employee of Infosys, India's leading IT player, has filed a lawsuit against the company, alleging harassment for his role in bringing to light the visa and fraud issue.
Asian stock markets advanced for the fourth straight session Thursday after data showed that Chinese inflation continued to cool down in July, providing more room for further policy easing to boost growth.
Moody's analytics cut India's growth forecast to 5.5 percent for this year, citing the policy inaction from the government and the Reserve Bank of India's decision to keep key rates unchanged, despite an economic slowdown.
India's industrial output growth fell in June to 1.8 percent against the analysts' expectation of a 1 percent growth, as compared to the same period a year ago.