INDIA

Crude prices are likely to hit $125 a barrel as global tensions, demand and cyclical market factors combine to hike the price ever upward.

If Teheran wants to improve its image on the global stage, they really need to get rid of this Ahmadinejad character

Countries opposed to an EU law forcing the world's airlines to pay for greenhouse gas emissions agreed on a basket of retaliatory measures, adding to a series of threats that have raised the prospect of the globe's first carbon trade war.

The BSE Sensex fell for a second consecutive day on Thursday as investors took profits on expiry of monthly derivatives amid concerns about high oil prices.

Gold rose to a three-month high on Thursday and headed for its biggest one-week rally in a month, spurred on by the strength in the euro following Europe's bailout deal with Greece, ahead of an options expiry later in the day.

Indian gold imports in 2012 could fall by a fifth for the first time in three years to 770 tonnes as investors chase better accruals from equity markets and other financial instruments, possibly ceding the position of top consumer to China.

Twelve soldiers of the Indian Army were killed after being trapped in avalanches that hit two army camps in Kashmir, an army official told media Thursday.

The BSE Sensex was headed for a second day of decline on Thursday as investors booked profits from recent rallies as concerns mounted over the state of the global economy, including rising oil prices.

The home ministry has opposed the decriminalization of gay sex at a Supreme Court hearing, television reports said on Thursday.

Tibet's prime-minister-in-exile, Lobsang Sangay, urged Tibetans to not celebrate Losar, the Tibetan New Year, amidst a rash of self-immolating monks and rising tensions with the Chinese government. However, traditional and spiritual rituals continued as planned.

Australian Foreign Minister Kevin Rudd resigned on Wednesday after a row with fellow party member Prime Minister Julia Gillard.

A $35 computer launched last year in India as the world's cheapest tablet has run into problems and companies will be invited to bid again to make the device after complaints of poor performance and hiccups rolling out a pilot model.

In the past few weeks, a lot of leaks relating to iPad 3 components and expected release date made their way into the Internet and there's no way of verifying what is true and what is not, as Apple has not made any official announcement yet about its upcoming tablet. The latest leak – a photo of affront glass panel (allegedly of iPad 3) – is the clearest photo leaked yet but it has little new to reveal.

Royal Dutch Shell Plc (RDSa.L) has made an agreed 992.4 million pounds ($1.6 billion) bid for Mozambique-focused Cove Energy (COVE.L), offering a full price to open up a new gas frontier for the Anglo-Dutch oil major in East Africa.

The Mumbai police Wednesday registered a case against Bollywood actor Saif Ali Khan under section 325 of the IPC for allegedly assaulting a patron of the Taj Mahal Hotel in south Mumbai.

After an extensive fieldwork for over five years, a team of biologists discovered a new type of limbless amphibians in the rain-soaked habitats in the less explored states of northeast India.

Lenders to Kingfisher Airlines (KING.NS) have not agreed to extend further loans to the debt-crippled carrier, three banking sources said on Wednesday after reports that State Bank of India (SBI) was close to offering a bailout loan package.

A $35 computer launched last year in India as the world's cheapest tablet has run into problems and companies will be invited to bid again to make the device after complaints of poor performance and hiccups rolling out a pilot model.

Olympus Corp's main lender Sumitomo Mitsui Banking Corp denied it was trying to take control of the firm's board by stealth, but said it might well agree to send a former banker to be chairman of the disgraced camera and medical device maker.

A U.S. software industry report on Wednesday chided Brazil, China and India for policies it said threatened the future of cloud computing, but also took aim at developed countries such as Germany that did well on its inaugural scorecard.

An Olympus Corp executive found dead in India in an apparent suicide is likely to have had no link to the Japanese endoscope maker's accounting scandal, a company spokeswoman said on Wednesday.