Turnover at Indian commodity bourses rose 50 percent to 82.70 trillion rupees ($1.83 trillion) in the first three quaters to December on surging volumes on bullion and metal counters, data from the regulator showed.
The BSE Sensex fell 0.4 percent in early trade on Friday, with financials leading the decline ahead of December inflation data.
The embattled Congress-led coalition government failed to announce major policy decisions on Thursday to tackle soaring food prices after days of wrangling, taking only minor measures seen as unlikely to make a major impact.
Shares in Research In Motion jumped as much as 4 percent to near an eight-month high on Thursday after it reached a deal with India that appeared to protect its secure corporate email service.
Gold fell on Thursday, snapping three sessions of gains as safe-haven buying subsided after successful European bond sales and a more positive economic outlook from U.S. Federal Reserve Chairman Ben Bernanke.
China dumped plans to import several million tonnes of expensive corn and South Korea unveiled cuts in import tariffs on some products, underscoring the dilemma over how to tackle rising food prices.
The European Central Bank will face a grilling on its assessment of the euro zone debt crisis and firming price pressures in the bloc after it left interest rates on hold at 1 percent on Thursday.
Starbucks Corp , the world's largest coffee chain, unveiled a tie-up on Thursday that could bring its iconic cafes to Asia's third-largest economy, where western-style coffee shops are increasingly popular.
India has now exempted foreign tourists from the mandatory two-month gap to re-enter the country for regular onward medical treatment.
BlackBerry maker Research In Motion said it has given India the means to access its Messenger service and reiterated that no changes could be made to allow monitoring of secure corporate emails.
An innovative course at the School of Information at UC Berkeley help students turn social entrepreneurs and make a real difference
India’s second biggest software services company Infosys Technologies Ltd on Thursday said its attrition rate for the October-December quarter has shot up on an annualized basis, but that it had added 5,311 employees to take its total headcount to 127,779.
India’s second biggest software services company Infosys Technologies Ltd reported a 14 percent rise in its third-quarter net profit missing analysts expectations, sending its shares down by more than 4 percent.
BlackBerry-maker Research In Motion said on Thursday it had given a solution to India ahead of a January 31 target date for access to consumer services including BlackBerry Messenger, but reiterated that no changes can be made to the security system for corporate emails.
To give thanks to a powerful god for blessing him with a longed-for daughter, Sharma Muthu will skewer his tongue with a spear for Malaysia's largest Hindu festival.
Lonwabo Tsotsobe received the man of the match award after his four wickets led South Africa to a crushing 135-run win over India in the first one-day international at Kingsmead on Wednesday.
The rupee touched one-and-half-week highs early on Thursday, boosted by overnight losses in the dollar, but soon retreated tracking weak domestic shares, which added to worries of more foreign fund withdrawals.
Infosys Technologies' weaker-than-expected results sparked concerns over growth rates of India's showpiece outsourcing sector as the company flagged a sluggish global economic recovery and currency volatility.
The government may ban wheat product exports in a series of measures to tame spiralling food prices that have fuelled rapid inflation and increased pressure on an embattled ruling Congress party, local media said.
Worries about China's military buildup and aggressive diplomacy are bolstering its neighbors' desire to see Washington stay committed to the region while pushing them to hedge their bets against waning U.S. influence.
(Wikipedia corrects its unique visitors figure to 410 million from 440 million in paragraph 3)
With China virtually cut off and Western markets maturing, Wikipedia is targeting India first and possibly Brazil next to reach its goal of 1 billion users, Executive Director Sue Gardner says.