The Asian Development Bank trimmed most of its 2011 and 2012 growth forecasts for the region while noting that Asia's emerging economies are showing resilience in the face of the darkening global environment.
The euro single-currency system could be derailed unless European leaders resolve the debt crisis, a situation that has already prompted Fiat SpA and its affiliate Chrysler Group LLC to examine the timing of vehicle introductions, Fiat's CEO said on Tuesday.
Gold rose Tuesday as the U.S. dollar weakened against the euro and other key currencies while bargain hunters moved in following two session in which the yellow lost value.
Fiat and Chrysler chief executive Sergio Marchionne said the euro single currency system could be derailed unless European leaders resolved the debt crisis.
At the Frankfurt Motor Show two new Defender cars were unveiled by Jaguar Land Rover.
The financial capital of India, Mumbai, is once again on high alert as intelligence agencies received information of the city being the next target of terrorists after the recent Delhi High Court blast.
Fiat chief executive Sergio Marchionne said the euro single currency system could go off the rails unless European leaders effectively resolve the current debt crisis.
Tamil superstar Rajinikanth's family has reportedly expressed unhappiness over Atul Agnihotri's move to produce a biopic on the actor.
Al Gore is renewing his campaign to convince sceptics of the link between climate change and extreme weather events by means of a global multimedia event.
Prospects for job seekers are gloomier in most major economies than they were three months ago, as weak U.S. and European economies begin to affect employers' confidence in other parts of the world, according to a quarterly hiring survey by ManpowerGroup.
Gold fell further on Monday after posting its worst closing since June last week but bargain hunters could cushion the fall, while escalating worries about Europe's ability to resolve its debt crisis sent bullion priced in euro to a record high.
Gold in India extended losses on Monday afternoon, following similar trend overseas, although a weaker rupee kept the downside limited, dealers said.
NASA is on its way back to the moon, embarking upon a new study that could help launch future manned missions one day.NASA's Grail mission launched this morning, as the Delta II rocket carrying the Gravity and Recovery and Interior Laboratory lifted off from Cape Canaveral, Fla. Saturday at 6:08 a.m. EDT amid clear skies. It is the 110th mission to the moon in history, with previous missions launched by the United States, Soviet Union, Japan, China and India.
In the immediate wake of the terrorist strikes in New York and Washington D.C., when Osama bin Laden's face become plastered across TV sets, people from India, Pakistan, Bangladesh suddenly became viewed with extreme suspicion and in some case abuse.
Gold demand which dropped in the second quarter of this year is expected to strengthen by the end of 2011, driven by robust jewelry consumption in India and China and recovery in investment demand, senior World Gold Council (WGC) officials said on Friday.
The global economic slowdown has brought emerging Asia's rate-hiking cycle to a premature pause and the next step could be easing if the United States slides into a recession or Europe's debt troubles spawn a full-blown financial crisis.
The global economic slowdown has brought emerging Asia's rate-hiking cycle to a premature pause and the next step could be easing if the United States slides into a recession or Europe's debt troubles spawn a full-blown financial crisis.
Sonia Gandhi, leader of Congress party, returned home on Thursday after more than a month of medical treatment in the United States which had left the government rudderless to deal with the biggest protests in decades
Being politically connected isn't what it used to be for corporate India.
The officials also decided to de-congest the roads in the vicinity of the courthouse.
Five years ago, Twitter founder Jack Dorsey sent out the first tweet ever to just 7 followers. Today, the most popular person on Twitter (Lady Gaga) has over 13 million followers and Twitter as a platform just hit 100 million active users, announced the company in a blog post.
Growing numbers of China's rich want to avoid publicizing their wealth, Forbes said, reflecting fears of official scrutiny amid a vast and growing rich-poor divide after several billionaires have ended up in jail.