INDIA

Australia's Macarthur Coal rejected a $3 billion bid from U.S. miner Peabody Energy, saying it undervalued the growth prospects of a company which controls a third of the world's supply of a cleaner coal coveted by steelmakers.

Japanese shares rose to 18-month highs on Wednesday, continuing to eclipse their peers elsewhere in Asia, as a rebound in U.S. consumer confidence boosted hopes that a global economic recovery will prove to be sustainable.

Facing enormous energy shortage, Vietnam on Tuesday signed an agreement with the US to boost nuclear energy production in the country. According to Vietnam's energy ministry, the deal will help the country to meet growing energy demand as it allows U.S. firms to help build nuclear plants in the country.

Bloom Energy's recent high-profile unveiling of a new fuel cell technology has raised the sector's profile, but its perennially loss-making companies need more than visibility to register any short-term gains.

In a significant development, BRIC nations, (Brazil, Russia, India, China) agreed to combat hunger and boost efforts to promote food security. Agriculture ministers of BRIC on Friday signed a global food security declaration here and also agreed to pool resources to combat famine that affects more than a billion people globally.

After the slump in gold prices in Kerala, jewelers are waiting for the demand to pick up after Easter (April 4) when Christian marriages will see a rise. During the 50-day lent period prior to Easter, Christians do not conduct marriages as this is not allowed by the Church. So, many marriages are lined up immediately after the Easter.

After receiving a glittering response for the initial public offering of the company, Shree Ganesh Jewellery House Ltd (SGJHL), is all set to leave landmarks in the Indian jewellery industry with its focus firm on jewellery making business with design innovation. India's jewellery business had been largely fragmented with many jewellery-makers operating on local levels. Only a few organized players are in the fray to tap the growing consumption demand of gold and silver. This has made it imminen...

Gold is glittering in China, the largest producer and second biggest consumer of the yellow metal in the world. There is a gold buying frenzy across China that the yellow metal is becoming the best investment bet in the country.

To get accurate projections for Intel Corp , Wedbush Morgan analyst Patrick Wang often finds himself hopping on a plane to Asia.

Faced with the rising stocks on fresh arrivals in Malaysian markets and reduced imports by major consumer markets like India seems to be putting crude palm oil prices on a slippery surface in the coming months with first four months of the current oil year (November 2009 to Octrober 2010) showing not so significant rise in the oil imports in India.

Steel industry in India is on a song now with more and more investments flocking to the country. After multi-national firms like Posco and ArcelorMittal unveiled their plans to set up shop in India, Bhushan Power and Steel Ltd (BPSL) announced its plans to set up a cold rolling mill complex with a capacity of three lakh tonnes in the western region of the country at an initial investment of Rs 800-1,000 crore.

Mumbai-based Prithviraj Kothari, Managing Director, RiddhiSiddhi Bullions Limited (RSBL) one of the largest bullion trading companies in India is of the opinion that silver is the next big opportunity for investing after gold, which is found falling short in meeting investors' expectations for steep growth in returns. In an interaction with Rutam Vora of Commodity Online, Kothari shared his views on better investment opportunity available in India and the company's future plans of introducing ne...

India, world's largest producer of aromatic, premier variety basmati rice, is planning to expand its market by exporting to two more countries and increasing shipments to existing country, said APFPEDA official on Friday. State run Agricultural and Processed Food Products Export Development Authority (APFPEDA) said that Mexico has contracted for the basmati rice and China is expected to open a market for premium rice soon.

Demand for gold bars and gold coins is rising in major yellow metal consuming nations like China and India as investors are leaving the paper gold-exchange traded funds or Gold ETFs for physical gold. In India, sale of gold coins and gold bars is increasing despite the high price of gold. A recent Commodity Online study said that buying of gold coins has increased across jewellery shops, banks and post offices in India thanks to financial year schemes. In India, the financial year closes on Marc...

(Reuters) - Agriculture needs revolutionary change to confront threats such as global warming and end hunger in developing nations without adding to the ranks of the obese, an international study showed on Thursday.

Lack of storage facilities threatened to damage huge quantities of wheat in India's northern state of Punjab as another bumper crop is ready for harvest. Over 7.2 million tones of wheat are lying in warehouses across the state, some of it for the last three years. Of this, nearly 6.5 million tones is lying in the open.

Kiran Rai has always had a sarcastic sense of humor, but she never thought it would be the foundation for her own apparel business.

A senior Chinese central banker on Thursday played down the need for an imminent rise in borrowing costs to keep a balance between growth and inflation in the world's third-largest economy.

The euro fell to a new 10-month low against the dollar on Thursday as Portugal's credit downgrade added to worries about debt in Greece and elsewhere in Europe, hitting riskier assets such as shares and commodities.

Thousands of Twitterers worldwide will put their fingers to rest and gather offline on Thursday in the name of charity.

Hundreds of computer geeks, most of them students putting themselves through college, crammed into three floors of an office building in an industrial section of Ukraine's capital Kiev, churning out code at a frenzied pace. They were creating some of the world's most pernicious, and profitable, computer viruses.