India on Thursday said it is considering to allow foreign direct investment (FDI) in multi-brand retail and defense sectors as part of its efforts to step up foreign investments into the country.
Indian pharmaceutical company Dr Reddy's Laboratories Ltd on Thursday said it has launched a generic version of Protonix, a drug used to control the amount of acid in the stomach, in the United States.
Facebook's global reach has been the envy of many companies, as about 70 percent of its 500 million users are from outside US and now Facebook has launched an app for feature phones to further bolster its march.
India’s official entry to the Oscars in the best foreign language film category, Peepli Live, is now out of the race as the movie failed to reach the final list of nine films.
The sixteenth international Dubai Shopping (DSF) Festival is all set to kick start at the Burj Khalifa, Dubai Creek Park, Global Village, and the Dubai Outlet Mall on Thursday.
Private-sector lender Yes Bank posted a 51.6 percent rise in quarterly net profit in Oct-Dec, as both advances and deposits rose.
The Supreme Court of India has adjourned until the second week of February a hearing on a petition seeking to lift a ban on iron ore exports from Karnataka, a court order showed on Thursday.
SKS Microfinance shares rose 13 percent on Thursday, a day after a panel appointed by the Reserve Bank submitted guidelines for the microfinance sector, providing clarity for the country's embattled industry.
Food inflation eased for the second straight week in January, tracking lower fruit and vegetable prices, but accelerating headline inflation in December is likely to put pressure on the Reserve Bank to raise rates at policy review on Jan. 25
The Reserve Bank of India (RBI) said it has allowed banks to restructure loans given to micro finance institutions (MFIs), even if they are not secured.
Mergers and acquisitions activity in sub-Saharan Africa surged to a record $44 billion in 2010, double the value of a year earlier, Thomson Reuters data showed on Wednesday.
House speaker, John A. Boehner declined an invitation to attend tonight’s official state dinner at the White House in honor of Chinese President Hu Jintao.
Love won’t be in the air this Valentine’s Day in Iran as the country has banned productions of Valentine’s Day gifts in a bid to discourage the spread of “Western” culture.
A powerful earthquake rattled Pakistan early Wednesday with enough energy that that it was felt as far away as the Gulf of India.
Asia's rapid economic growth will moderate slightly in 2011 even as policymakers combat rising prices with higher interest rates and try to keep local currencies from appreciating too sharply, a Reuters quarterly poll showed.
The BSE Sensex nudged up 0.2 percent on Wednesday powered by metal producers on firm world metal prices, but trading was choppy reflecting investor concern about inflation and a looming rate rise.
Yusuf Pathan blazed a half-century but India still had to call on their tailenders to clinch victory over South Africa by two wickets in the third one-day international at Newlands on Tuesday.
South Africa petrochemicals group Sasol said on Tuesday it would not continue with a planned coal-to-liquids plant project in Indonesia as it seeks to focus more on gas-to-liquids opportunities.
India’s top software services company Tata Consultancy Services Ltd (TCS) on Tuesday announced plans to recruit 37,000 professionals in the next year through campus placements for its domestic and overseas operations.
Indian pharmaceutical company Strides Arcolab on Tuesday said it got the United States Food and Drug Administration (FDA) approval to sell an additional package size of Adenosine injection used for treating cardiac diseases.
Asia's largest literary festival kicks off this weekend in a historic Indian city, a testament to the growing global influence of Indian literature and its appeal to both publishers and authors.
Trade Minister Anand Sharma said on Tuesday monetary policy may not be the right tool to fight high food inflation, in a strong political signal against a rate hike in next week's Reserve Bank policy review.
