INDIA

Greenspan listens to opening statements as he testifies before the Financial Crisis Inquiry Commission hearing on Capitol Hill

BRIC Help for Euro Zone Has Echoes of 1998

The world's giant emerging economies have no magic wand to resolve the euro zone's debt problems, but a contribution to its stabilization could still prove powerful, help avert market panic and reap significant non-financial rewards.

Long-Time Gold Investor Switches Postions

220 kg gold block
After gold's 10-year winning streak shattered all but the most bullish forecasts, it takes a brave man to call for a correction. It takes an even braver man to do so at the year's biggest bullion conference.

New Bird Flu Outbreak Reported in India

The Bird Flu Strikes Again
Authorities in eastern India will start culling chickens and destroying eggs to contain a new outbreak of H5 bird flu, the government said in a statement on Tuesday, as a mutant strain of the virus is spreading elsewhere in Asia.
People walk in the Wipro campus in Bangalore June 23, 2009. Goldman Sachs counts the lack of quality education as one of the 10 factors holding India back from rapid economic growth.

Voltas in Talks to Buy Wipro's Water Business - Report

Electro-mechanical projects firm Voltas Ltd is in advanced talks to buy the water purification and treatment business of India's No.3 software services exporter, Wipro Ltd, The Times of India said, citing unnamed sources close to the development.
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India-Nepal quake

India Earthquake: Rescuers Push into Isolated Towns

Six thousand troops have been deployed to the India-Nepal border, where a 6.9 magnitude earthquake hit Sunday night. The current death toll has risen to 90 people, about 50 from the Indian state of Sikkim, along with others in Nepal and Tibet.
To match Insight INDIA/FRUGAL

Food Security Bill to Cost $21 bln - Report

The proposed food security bill will likely cost an annual 1 trillion rupees ($20.7 billion), the Financial Express quoted the food minister as saying, as the government looks to scale up production and storage of subsidised grain to feed more of the country's poor.
A man walks past a logo of Reliance Communication before Annual General Meeting in Mumbai

CBI May File Case Against Reliance - Report

The Central Bureau of Investigation (CBI) is considering filing a case or multiple cases against Reliance Industries over its operations of its gas block in the Krishna Godavari (KG) basin, the Mint reported on Tuesday.
India earthquake zone map

Earthquake Death Toll in India, Nepal Expected to Increase

None of India's 20 nuclear power plants were disturbed by the earthquake, officials said Monday. The nuclear facility closest to the quake's epicenter is the Narora Power Station, some 800 miles to the west. The quake hit Sunday night, and the death toll has reached 74 people.
Earthquakes have recently struck Alaska and Southern California

10 Deadliest Earthquakes in the Past Century

There have been a number of high-profile earthquakes in the last month, including ones in India, Japan, Cuba, Indonesia and the United States. Here are the ten worst quakes over the past 100 years.
India earthquake

India Earthquake: Death Toll Exceeds 50

The death toll has risen to 53 people in Sikkim, India, where a 6.9 magnitude earthquake hit Sunday night. About ten of the deaths occurred in Nepal, primarily in the capital of Katmandu, where a series of building collapses trapped people under debris.
Members of the Nepalese army clear stones around a damaged car after the wall surrounding the British Embassy collapsed on top of the car that was passing by in Kathmandu

Magnitude 6.8 Quake Hits India, Several Dead

A magnitude 6.8 earthquake hit a remote Himalayan region in northern India on Sunday evening, killing at least four people and five in neighbouring Nepal as well as damaging buildings and blocking roads, officials said
Wayanad night frog

12 New and 3 Lost Frog Species Discovered in India

A team of scientists from Delhi University, Bombay Natural History, Zoological Survey of India, and Brussels' Vrije University discovered frog species that belong to the night frog group and rediscovered three frog species which were thought to be extinct.
India earthquake

6.8 Earthquake Rattles India; At Least 8 Dead

The Indian government has reported that at least eight people died in India and Nepal, and at least three people died when a building in Kathmandu collapsed. The quake also created a number of mudslides on the outskirts of Gangtok, India, killing at least one man who was trapped inside his car.

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