INDIA

Power Firms Top Executives to Meet PM Over Power Issues

Tata Motors sales up 31 pct in December
Top executives from India's major power companies will meet Prime Minister Manmohan Singh on Wednesday to push for swifter action to improve access to coal and make it easier to get funding, acquire land and get environmental clearances.

‘Angry Brides’ Game Targets Indian Dowry Demands

Brides
Anger at the practice of demanding dowries, which can lead to violence against brides, has prompted a takeoff of Angry Birds called Angry Brides that aims to highlight the illegal practice still prevalent in many South Asian countries.
Fresh food

India’s Inflation in December Drops to 7.47 Percent

India's headline inflation slowed sharply in December to a two-year low as food price pressure eased dramatically, but the Reserve Bank of India (RBI) is still expected to leave interest rates on hold next week as manufacturing inflation remained elevated.
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Mahendra Singh Dhoni

Dhoni Suspended for Fourth Test

Mahendra Singh Dhoni, the captain of the Indian cricket team, has been suspended for the fourth and final Test against Australia, because of slow over rate, the International Cricket Council said on Sunday.
Australia- India series

Australia Crush India to Seal Series Triumph

A rampant Australia blitzed India's tail to crush the hapless tourists by an innings and 37 runs with more than two days to spare in the third test and take an unassailable 3-0 lead in the series on Sunday.
Residents inspect the site of a bomb attack in Basra

Shia-Sunni Conflict Again Erupts in Iraq

The ancient enmity between Shia and Sunni Muslims exploded in violence again on Saturday in Iraq when a suicide bomb killed at least 50 Shia pilgrims and wounded almost 100 in the southeastern city of Basra, according to Iraqi police and security officials.
RBI

RBI Sets Pay Guidelines for Private, Foreign Bank Execs

The Reserve Bank of India has set guidelines for compensation of senior bank executives, imposing restrictions on guaranteed bonus, severance pay as well as a cap on variable pay, in line with global moves to rationalise pay structures and curb risktaking.
Seniors

Withdrawal Symptoms: What Happens When Baby Boomers Retire?

A whopping 44 percent of all mutual-fund shareholders are baby boomers, according to an Investment Company Institute report. As they take withdrawals from their retirement kitties over the next couple of decades, you're looking at a major, potentially market-altering event.
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India government backs case against internet giants

The Indian government on Friday threw its weight behind a case against internet giants including Google and Facebook, who are embroiled in a battle over offensive content after a judge warned websites may be blocked like in China.
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India court warns Web giants about China-style controls

Internet giants including Google and Facebook are embroiled in a growing battle in India over offensive content with a judge warning websites may be blocked like in China, stoking worries about freedom of speech in the world's largest democracy.
Facebook

Indian Court Threatens to Block Facebook, Google Over 'Offensive' Content

It appears Indian politicians do not really have a funny bone after all. They do not appear to be able to tolerate jokes made at their expense and circulated on the Internet. A court in the country threatened, on Thursday, to block social networking Web sites like Facebook and search engines like Google, unless they failed to crack down on offensive content, according to a BBC report. Specifically, the Delhi High Court said: Like China, we will block all such websites.
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Airbus and Boeing Top 1,000 Deliveries in 2011

The world's dominant planemakers scored new orders as Airbus put the finishing touches to a record 2011, cruising peacefully for now above debt turmoil and new airline cutbacks in Europe.
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Airbus, Boeing top 1,000 deliveries in 2011

The world's dominant planemakers scored new orders as Airbus put the finishing touches to a record 2011, cruising peacefully for now above debt turmoil and new airline cutbacks in Europe.

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