Asian stock markets declined Friday as sentiment was dampened after the European Central Bank (ECB) failed to offer any new stimulus measures to resolve the sovereign crisis in the euro zone.
India's service sector continued its growth for the ninth consecutive month in July, based on a slow but steady growth in new orders, according to the latest HSBC PMI data released Friday.
Monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains again in the second half of the June to September season.
Most of the Asian markets fell Friday as investors were disappointed to find that the European Central Bank did not announce stimulus measures Thursday to boost the faltering euro zone economy.
The orbiter should assume its position around Mars by September 2014.
The prohibition on eating pork is something shared by Muslims and Jews.
China has given a go-ahead for its first major tender of oil and gas blocks in the South China Sea, close on the heels of Beijing establishing a military garrison on a disputed island in the waters.
Asian stock markets declined Thursday as investors awaited the European Central Bank (ECB) meeting later in the day after Federal Reserve did not offer any new monetary measures overnight.
Multiple low intensity explosions rocked the city of Pune in Maharashtra, India, Wednesday evening. Four low-impact bombs went off in a quick succession in the span of 48 minutes between 7:27 p.m. and 8:15 p.m. on the bustling Junglee Maharaj Road.
Research in Motion (RIM.TO) refuted on Wednesday a new round of Indian media reports, which claim that the BlackBerry maker has granted the government the encryption keys to its secure corporate email and messaging services.
Asian markets were mixed Thursday as investors remained watchful ahead of the European Central Bank meeting later in the day in which stimulus measures to boost the faltering euro zone economy are expected to be announced.
India's Sahara India Pariwar Ltd. has agreed to buy a controlling stake in New York's Plaza Hotel for $570 million, placing a bet on one of the most robust U.S. hotel markets.
Euro zone Purchasing Managers Index (PMI) numbers continued their 11-month straight contraction, with manufacturing in Italy, Spain and Greece continuing their alarming downward trends.
Sarkar is in his early 50s and got married during his sojourn in India.
"It?s unsafe to shoot in Mumbai nowadays. Our limbs are at stake. So is our property."
Rail transport was paralyzed, hospitals had to rush to use back-up generators, roads became clogged with traffic jams, and water supplies were disrupted, among a multitude of other breakdowns.
India's exports and imports declined for the second consecutive month in June due to the global economic slowdown and a fall in the prices of oil.
Asian stock markets were mixed Wednesday as investors remained cautious ahead of the outcome of the two major central bank meetings.
Normal life was thrown out of gear when a power outage resulted in a blackout in 20 states across north, eastern and north-eastern India affecting more than 600 million people for two consecutive days and severely disrupting essential services including the water supply, industrial power supply, rail and road traffic management and medical care.
Palaniappan Chidambaram, who as finance minister oversaw India's strongest growth surge in the past two decades, returned to the post on Tuesday but faces a sharp economic slowdown, worsening public finances and falling exports this time around.
Most of the Asian markets fell Wednesday amid increasing concerns over the slowdown in economic growth in China as the country's manufacturing activity grew at a slower pace in July compared to that in the previous month.
India is still a Third World country and needs to spend mightily on infrastructure to become the superpower it aspires to.
