INDIA

The U.S. Commerce Department said on Monday it was easing restrictions of exports of high-technology goods to India in recognition of the two countries' stronger economic and national security ties.

The top after-market NASDAQ stock market gainers are: Tuesday Morning, Radvision, Spectrum Pharmaceuticals, Skyworks Solutions, and China Valves Technology. The top after-market NASDAQ stock market losers are: Sify Technologies, Rediff.com India, Woodward Governor, Acacia Research, and Marshall Edwards.

India's new sports minister on Monday sacked the chief organiser of last year's scandal-ridden Delhi Commonwealth Games, Suresh Kalmadi, as the coalition government caught in a web of corruption cases seeks to repair its public image.

A package of U.S. tax cuts should give a lift to a global economic recovery that had already begun to gain speed late last year, the IMF said on Tuesday as it revised its world growth forecast higher.

The Reserve Bank of India (RBI) raised key interest rates on Tuesday by a quarter point each, as expected, in a bid to clamp down on resurgent inflation and warned that higher food prices could become entrenched if steps to boost output are not taken.

Private equity fund TPG Capital plans to buy 14 percent stake in packaging company Time Technoplast at a near 30 percent premium to its market price, the Economic Times newspaper reported on Tuesday.

India needs tight monetary policy to prevent food prices from spilling over to the broader economy, a top economic adviser said in a newspaper interview, ahead of a widely expected rate hike on Tuesday.

Bill Gates, one of the world's richest men and one of its best known philanthropists, said on Monday he hopes his passion for giving will soon start to take hold among the super-rich of China and India.

Despite a series of high-profile recalls and safety issues, Japanese auto major Toyota Motors still managed to beat General Motors in total unit sales and remain the largest car manufacturer in the planet.

Asian stocks rose on Tuesday, with the Nikkei gaining more than 1 percent , on optimism that companies will report strong earnings, while the euro held near a two-month high.

Millions of children worldwide die every year from preventable diseases and the bad situation is only going to worsen due to an increasing shortage of healthcare workers.

Gold continues to form a long consolidation pattern which has lasted basically for the final quarter of 2010, says Phil Smith in his chart analysis for Reuters' clients. [On] the possible topping [head-and-shoulders] pattern I've been looking at...we have now broken the neckline. Watch for a decisive break below this line. The target for this topping pattern is $1230.

Gold rose on Monday as lower prices after the metal's third consecutive weekly loss attracted some buyers back to the market, but a more optimistic view of global growth still limited fresh investment.

South Africa expects to seal a deal with buyers in Saudi Arabia and India for about 100,000 tonnes of its surplus maize before the end of February, a senior government official said on Monday.

Favourable weather and currencies boosted Kenya's 2010 tea crop and export earnings to record levels, and the sector overtook horticulture as the country's top hard currency earner, officials said on Monday.

Notion Ink Adam doesn’t seem to stop just yet even though the tablet was introduced in CES 2010. As the Mobile World Congress event is nearing, a teaser video of Samsung Galaxy Tab 2 has been released and with not-so-true to believable specifications, the device specs throng the Web.

Consumers in most countries globally look set to keep a tight grip on spending in coming months as they worry about job security and rising inflation, a survey by the Nielsen Company showed on Sunday.

Philips Electronics blamed weak TV sales for disappointing fourth-quarter profit and warned that consumers in mature markets will be reluctant to spend this year.

India’s information technology (IT) sector will grow annually at the rate of 25 percent to 26 percent due to a good performance, according to N R Narayana Murthy, founder and chairman of Infosys Technologies Ltd, India’s second biggest software services company.

California-based Tri-valley University found to run a racket that facilitated illegal student immigration status for foreign nationals and authorized them to remain in the United States.

Toyota Motor Corp <7203.T> kept its spot at the top of the global sales ranking in 2010, outselling General Motors Co by less than 30,000 units as the U.S. rival achieved faster growth in the world's two biggest markets.