INDIA

Monsoon Politics: Why It Can’t Rain Reforms In India

Monsoon rains, critical to farm output in India's trillion-dollar economy
India's much-awaited "second wave" of reforms is likely to be delayed due to the dilly-dallying monsoon. Prime Minister Manmohan Singh, who doubles as the finance minister, is expected to hold the crucial policy decisions on allowing the FDI in retail sector and hike in diesel prices until at least the second week of September, Reuters has reported quoting official sources.
Asian Shares

Asian Stock Market Advance On Easing Hopes

Asian stock markets advanced for the first time in five days on Thursday as disappointing U.S. housing data boosted hopes for further monetary stimulus from the Federal Reserve.
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Wipro Net Profit Up, Shares Drop On Week Forecast

Wipro Ltd, India's third largest IT services exporter, Tuesday reported a jump of 6.7 percent sequentially in its first quarter profits for the financial year 2012-13, aided by the strong demand for outsourcing services and the week Indian rupee.
Bengal Tiger

WWF Report Ranks Vietnam Worst Country For Species Protection

The World Wildlife Fund, or WWF, ranked Vietnam the worst country for wildlife protection among 23 nations assessed for enforcement and protection of species prone to poachers, such as rhinos, elephants and tigers. (Check out the full report and list here).
A man looks at an electronic board displaying a fall in major market indices around the world outside a brokerage in Tokyo

Asian Markets Fall On Euro Zone Concerns

Asian markets fell Monday following the revival of the investor concerns about the deepening debt burden faced by the euro zone and worsening global economic growth.
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Maruti Says No Idea When Riot-Hit Factory Will Reopen

Maruti Suzuki(MRTI.NS) has no idea when the Manesar factory hit by a deadly riot this week will reopen, the carmaker's chairman acknowledged on Saturday, saying it was impossible to import extra vehicles or shift lost production to another plant.

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