A former Rutgers University student was sentenced on Monday to 30 days in prison for hate crimes after spying on his roommate's gay encounter with another man.
Dharun Ravi's sentencing is today, and the whole country will be watching to see how he is punished for criminal charges including invasion of privacy and tampering with evidence.
The Worldwide IT outsourcing (ITO) market grew 7.8 percent from 2010, with the revenue totaled at $246.6 billion in 2011. It was the Indian-based IT services providers and providers rooted in cloud-based services that delivered the highest growth rates in 2011.
The Indian rupee Monday touched a record low of 55 against the dollar because of the strong demand for dollar from importers, weak global cues and delay over policy reforms from the government.
With no end in sight to the Air India Pilots' Strike that entered its 14th day Monday, Civil Aviation Minister Ajit Singh would meet the Air India Union leaders later in the day to resolve the ongoing crisis. The strike has cost the national carrier over Rs. 23 billion.
Indian Finance Minister Pranab Mukherjee Sunday expressed concern over the depreciation of the rupee.
Low-power processor maker ARM Holdings PLC (Nasdaq: ARMH) is stepping up the rhetoric against chip rival Intel Corp. (Nasdaq: INTC), saying it expects to take more of Intel's share in the notebook personal-computer market than Intel can take from it in the smartphone market.
Air India is planning to hire retired pilots for flying international routes even as a strike by a group of pilots entered the 12th day Saturday.
Asian markets fell this week as they succumbed to the pressures of the euro zone debt crisis and the economic data about the U.S. missing estimates. The Chinese Shanghai Index dropped 2.1 percent and the Japanese Nikkei fell 3.8 percent. Hong Kong's Hang Seng Index plunged 5.1 percent and India's BSE Sensex slumped 0.86 percent.
Cuba's hope of cutting its energy dependence on Venezuela by developing new domestic sources of crude oil has suffered a blow -- the first in a series of exploratory offshore wells is a dry hole.
Italy recalled its ambassador to India on Friday afternoon after two Italian marines were charged with murdering two Indian fishermen earlier in the day.
Facebook has become a showcase for vulgar narcissism and voyeurism.
Gold prices continued its rebound Friday after dipping to a five-month low earlier this week. June delivery of the metal rose was up over 1 percent to $1,595 on Friday after jumping 2.3 percent the day before, the biggest one-day gain since January.
India Friday announced a set of austerity measures in a desperate attempt to prop up economy and to instill investor confidence.
Pliny the Younger beer, a triple India Pale Ale made by the Russian River Brewing Co., is the best beer in the world, according to BeerAdvocate.com.
Air India is poised to get its first installment of Boeing 787 Dreamliner aircraft by the end of this month even as the crisis in the national carrier, caused by the pilots, continues.
The Indian rupee fell to a record low Friday as it succumbed to pressures of the debt crisis looming over the euro zone and the weak domestic indicators.
Asian stock markets tumbled on Friday, following an overnight slump on Wall Street as weaker-than-expected U.S. economic data and a deepening euro zone crisis dampened sentiment.
European stocks lost big Thursday as Greek banks were cut loose from European Central Bank support and Spain's borrowing costs kept skyrocketing. The head of the International Monetary Fund, Christine Lagarde, also warned today of the extremely expensive consequences of Greece leaving the currency bloc.
The crisis in Air India has entered its tenth day, with situation further worsening as government, management and the pilots union spearheading the movement blaming each other for the crisis.
India?s rupee recovered slightly Thursday following the rebound seen in Asian markets led by positive data from Japan and the US.
Asian markets rose Thursday as the economic growth reported by Japan and possible additional monetary stimulus from Federal Reserve to spur growth of the US economy offset the increasing concern of Greece leaving the euro zone.
