INDIA

Manmohan Singh

Manmohan Singh defends govt against lameduck image

Prime Minister Manmohan Singh defended himself on Wednesday against accusations his government was a lameduck, saying it was trying to bring justice in some of the country's biggest corruption scandals in decades.
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India gold flat; buyers wait for 1 pct price fall

India gold traded flat on Tuesday afternoon as support from firm overseas leads was offset by a strong rupee, though buying remained weak as traders awaited an at least a 1 percent fall in prices, dealers said.
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Foster's to cast off wine; beer profit disappoints

Foster's Group , Australia's largest brewer, pushed ahead on Tuesday with plans to split its beer and wine businesses, but it risked dampening bidder appetite for either unit by also reporting soft first-half profits.
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Gold rises above $1,360, inflation in focus

Gold rose above $1,360 an ounce on Monday as the dollar's retreat from highs versus the euro took some pressure off prices, with a second consecutive weekly price rise underpinning investors' confidence in the metal.
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RIM says state security demands are normal

BlackBerry maker Research in Motion is not alone in facing demands from governments for access to its data services, and it is just a normal part of the business, co-chief executive Jim Balsillie said.

China trade surplus shrinks, supports government's G20 case

China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.
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China trade surplus shrinks, supports government's G20 case

China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.
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China trade surplus shrinks after import surge

China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.
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Inflation eases slightly in January, but over forecast

Inflation eased slightly in January but was still higher than expected, reinforcing expectations the Reserve Bank of India (RBI) will keep tightening policy because price pressures are still above its comfort zone.
U.S. panel approves final duties on China drill pipe

December industrial output slows to 20-month low

India's annual industrial output in December rose at its slowest pace in 20 months on a higher base last year and stretched capacities at factories, but the Reserve Bank will likely continue tightening monetary policy to tame high headline inflation.
Manmohan Singh

Fresh headaches for PM as corruption scam rages

Prime Minister Manmohan Singh faces more political headaches after the Supreme Court pressed for deeper probes into a multi-billion dollar corruption case and a ruling coalition ally was implicated in the scandal.

China sees U.S. stoking Brazil, India anger over yuan

The United States has incited Brazil and India to criticise China's currency policy, but Beijing need not worry too much because it can defuse the tension through talks, a series of Chinese government advisers told Reuters.
De Beers

De Beers returns to profit, remains cautious

De Beers, the world's largest diamond producer, returned to a profit in 2010 as production rose 34 percent and diamond prices recovered to pre-crisis levels, although it remains cautious about the market this year.
Indian

India and Pakistan say peace talks to resume

India and Pakistan said on Thursday they would resume formal peace talks but issues such as militancy and the disputed Kashmir region are likely to slow any progress towards defusing tensions.

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