INDIA

Stocks rose on Wednesday, bouncing back after five days of sharp losses that pushed the S&P 500 and the Nasdaq below their key technical levels.

India has withdrawn its tsunami warning from earlier today, which was issued following the massive earthquake which rocked the region measuring 8.6 on the Richter scale in Indonesia this afternoon India Standard Time (IST), reported the Press Trust of India.

Stocks rose in early trading on Wednesday, bouncing back after five days of heavy losses on the S&P 500 brought the benchmark index down more than 4 percent.

Wall Street was set to bounce back at the open on Wednesday after five days of losses on the S&P 500 that brought the benchmark index down more than 4 percent.

Well over half of people globally use the Internet to search for information on entertainment and hobbies, according to a new survey.

Stock index futures bounced back on Wednesday after five days of losses on the S&P 500 that brought the benchmark index down more than 4 percent.

Stock index futures bounced back on Wednesday after five days of losses on the S&P 500 that brought the benchmark index down more than 4 percent.

An 8.7 magnitude earthquake struck right off the waters of Indonesia on April 11, 2012. The large quake could be felt in Singapore, Thailand and India, striking fear in thousands of people. Fear of a tsunami striking is due to the 2004 earthquake that hit Indonesia. Take a look at photos of the devastation that the 2004 earthquake and tsunami caused to the Aceh province in Indonesia.

On Wednesday an 8.7 magnitude earthquake struck right off the waters of Indonesia. The huge quake could be felt in Singapore, Thailand and India. In 2004, a 9.1 magnitude earthquake struck Indonesia, setting off a tsunami. Over 226,000 people in Sri Lanka, Thailand, Indonesia, India and nine other countries were killed, reports CNBC. The latest earthquake has set fears of a Tsunami in residents.

A geophysicist with the US Geological Survey has said it was unlikely that a tsunami would be generated given that this type of earthquake that largely involved the horizontal movement of the earth's blocks, does not produce a column of water that could cause a tsunami.

A tsunami can be caused by a sudden disruption of the sea floor resulting in the vertical displacement of water. When earthquakes happen beneath the sea, as in the present case, water above the area, which is deformed, will undergo sudden displacement from its equilibrium position.

An 8.2-magnitude temblor struck 618 kilometers off the coast of Aceh province, epicenter of the December 2004 tsunami that killed hundreds of thousands of people in Asia. Two hours earlier, a magnitude-8.6 quake struck off Sumatra.

The link between Nazi Germany and ancient India, however, goes deeper than just the swastika.

Pakistan's foreign minister might lose her portfolio for contradicting Pakistani President Yusuf Raza Gilani's remarks on US-Pak ties. The speculation was sparked by Prime Minister Yousuf Raza Gilani's statement at an interaction with the journalists in Lahore, in which he said that fresh team would carry forward diplomatic talks with India, to discuss bilateral issues including Kashmir.

Gold steadied on Tuesday, surrendering earlier gains as a rally sparked by expectations that a sluggish U.S. employment market could fuel further monetary easing ran out of steam in the face of a firming dollar and easing appetite for risk.

The think tank's composite leading indicators for February showed strong signs of regained momentum in the U.S. and Japanese economies, while Brazil, India, Russia and China showed positive signals compared with the previous month's assessment.

The Knight Frank Wealth Report 2012 has marked seven cities as the world's fast-growing cities to watch in 2050, based on their potential for creating new market opportunities for local as well as global companies.

China returned to an export-led trade surplus of $5.35 billion in March, heralding the prospect that a rebound in the global economy is lifting overseas orders just in time to compensate for a slowdown in domestic demand.

India and Pakistan may relax visa norms for business travel by the end of this month, Pakistani High Commissioner to India Shahid Malik said in New Delhi Monday.

Bharti Airtel has launched Broadband Wireless Access or 4G services in Kolkata on Tuesday. Will this 4G service be better than the existing 3G service provided by Airtel itself along with Vodafone, BSNL, Reliance and Tata?

China expressed consternation over the decision of the Australian government to ban telecommunications giant Huawei from competing in its new national broadband network over concerns for cybersecurity.