More From Raymond Ronamai
Typhoon Washi Kills 436 in Philippines; Unknown Number Missing
More than 400 people were killed and an unknown number were missing after Typhoon Washi struck the southern Philippines, causing flash floods and landslides.
Dec 17, 2011
Typhoon Washi Lashes the Philippines, Killing Nearly 180
A typhoon hitting the southern Philippines triggered flash floods and landslides that killed nearly 180 people and forced about 100,000 from their homes, government and army officials said on Saturday.
Dec 17, 2011
Kingfisher Airlines to Get Rs. 2.5 Billion Loan from Sahara: Report
The Sahara group will give a loan of more than 2.5 billion rupees to cash-strapped Kingfisher Airlines, to help the carrier continue operations.
Dec 17, 2011
Britney Spears Engaged to Boyfriend Jason Trawick
Pop star Britney Spears is engaged to her boyfriend Jason Trawick, celebrity media outlets reported on Friday after the singer posted a message on Twitter about receiving the one gift for which she has longed.
Dec 17, 2011
India not Incredible Anymore?
Policy paralysis, corruption scandals and a government fearful of political backlash to any bold moves have worsening domestic finances, and Incredible India is no longer incredible.
Dec 16, 2011
Apple iPhone 4S and iPad 2 Use Rival Samsung’s A5 Chip
The A5 processor used in Apple’s iPhone 4S and iPad 2 is reportedly manufactured by rival Korean electronics giant Samsung from its factory in Austin.
Dec 16, 2011
Samsung Galaxy and Apple iPhone 4S to Reap Good Harvest this Holiday Season
Apple iPhone 4S and Samsung Galaxy are likely to stand out in this holiday season's smartphone sales which will otherwise be clouded by global economic uncertainty.
Dec 16, 2011
Apple Sales in China Outpaced by Rivals
Apple Inc's share of China's booming smartphone market has risen sharply in the past two years, but for now the company that sells the iconic iPhone is being outpaced by nimble rivals.
Dec 16, 2011
Rahul Dravid against Meaningless International Cricket Matches
Cricket risks killing the goose that lays the golden egg if it disrespects fans by scheduling too many meaningless international matches, former India captain Rahul Dravid has said.
Dec 15, 2011
India's Food Inflation Eased to 4.35 Percent; Lowest in 4 Years
India's food inflation eased to 4.35 percent in the year to December 3 - its lowest reading since late February 2008 -- from an annual 6.60 percent rise in the previous week, government data showed on Thursday.
Dec 15, 2011
Gold Plunges to its Lowest Level Since September
Spot gold weakened further on Thursday after dropping 3.5 percent in the previous session, as investors remained nervous about the eurozone debt crisis amid the year-end rush to liquidate positions.
Dec 15, 2011
India Needs Practical Solutions to Tackle Economic Slowdown: Mukherjee
India needs practical solutions to address its economic slowdown, Finance Minister Pranab Mukherjee said on Thursday.
Dec 15, 2011
Economic Gloom Deepens as Rupee Fuels Inflation
India's economic gloom deepened on Wednesday as figures showed a record low rupee is adding to Reserve Bank of India's (RBI) inflation headache and an adviser to the prime minister said there was little that could be done to check the currency's slump.
Dec 14, 2011
Manmohan Singh Wants FDI in Retail after March: Bloomberg
Prime Minister Manmohan Singh expects to succeed in his push to open the domestic retail market to foreign companies after regional elections conclude by the end of March.
Dec 14, 2011
Growth Disappointments Drag India Funds Down
Worries that India's evolution into an economic superpower may be overhyped and signs the government may lack the will to further dismantle a protectionist legacy drove India-themed funds to the bottom of performance league tables in November.
Dec 14, 2011
Gold Imports to be Increased for Retail Thrust: Rajesh Exports
Rajesh Exports, the world's biggest jewellery maker, expects to raise gold imports by 17 percent next year to power its renewed thrust in the competitive and fragmented local jewellery market as a cushion against a volatile export market.
Dec 14, 2011
Inflation Stubbornly High; RBI May Hold Rates Steady
India's wholesale prices rose more than expected in November, leaving inflation stubbornly high and suggesting the RBI would hold rates steady at its review on Friday even as worries grow over the health of the economy.
Dec 14, 2011
Facebook Launches New Suicide Prevention Tool
Facebook launched a new suicide prevention tool on Tuesday, giving users a direct link to an online chat with counselors who can help, the company said.
Dec 14, 2011
U.S. Freezes $700 Million Aid to Pakistan; Strains Ties
A U.S. Congressional panel has frozen $700 million in aid to Pakistan until it gives assurances that it is helping fight the spread of homemade bombs in the region, a move one Pakistani senator called unwise and likely to strain ties further.
Dec 13, 2011
India's Economic Slowdown Likely to Prolong
If Indian policymakers are hoping the country's slowing economy can rebound largely the same way it did from the 2008 global financial crisis, they are dreaming. India's economic slowdown is likely to prolong.
Dec 13, 2011
Gold in Demand Due to Bullion Price Drop
A sharp drop in bullion prices prompted some buying interest on Asia's physical market, but many remained reluctant to purchase large quantities as the year end approaches and the eurozone debt crisis threatens to further sink prices.
Dec 13, 2011
India’s Inflation Drops to 9.04 Percent: Poll
India's headline inflation likely eased in November to 9.04 percent from 9.73 percent the month before as food prices fell to their lowest in nearly three-and-a-half years, a Reuters poll showed.
Dec 13, 2011
Strawberries and Dreams in India's Hill Districts
Farmer Shripati Nana Jadhav has good reasons to be a fan of strawberries - they've funded construction of his simple, spacious house near the hill station of Panchgani and allowed him to send his four children to college.
Dec 12, 2011
Reliance Industries Eyeing Fast-food Business: Report
Energy major Reliance Industries, India's most valued company that also runs supermarkets, plans to enter the fast-food business next year.
Dec 12, 2011
India’s Industrial Output Falls for the First Time in 2 Years
India's industrial output fell for the first time in more than two years in October as waning consumer demand took a toll, adding pressure on the Reserve Bank of India (RBI) to ease monetary or liquidity conditions, possibly as soon as Friday.
Dec 12, 2011
India Win Final ODI despite Pollard Power-Hitting
West Indies all-rounder Kieron Pollard blasted 10 sixes but his power-packed maiden century was not enough to avert a 34-run defeat against India in the fifth and final one-dayer on Sunday.
Dec 12, 2011
Reliance Industries Planning to Sell More Oil to Africa
Reliance Industries is currently selling two million to three million tonnes of petroleum products a year to Africa, and it sees the potential for more, P. Raghavendran, president of the company's refinery business, said Saturday.
Dec 11, 2011
Facebook IPO Could Create Thousands of Millionaires
Excavating lost Mayan ruins or traveling to space are normally the stuff of adventure novels. But for Facebook employees, these and other lavish dreams are moving closer to reality as the world's No. 1 online social network prepares for a blockbuster IPO.
Dec 11, 2011
HP Opening WebOS to Developers, Companies
Hewlett Packard Co has decided to open its webOS mobile operating system to developers and companies, potentially taking on Google Inc's free Android platform that is popular with handset makers.
Dec 10, 2011
Govt Admits Inflating Export Figures by $9 Billion
Already battered by corruption scandals, and less than a week after an embarrassing policy U-turn, the government admitted on Friday that it had accidentally inflated this year's export figures by more than $9 billion.
Dec 10, 2011
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