Petrol hike fails to lift rupee; diesel eyed
The Indian rupee fell to a fresh record low on Thursday as a sharp increase in petrol prices failed to lift investor sentiment even as it fueled expectations that New Delhi might soon take the more politically fraught step of raising diesel prices.
Nuclear sub catches fire in Maine Naval shipyard
Fire broke out on Wednesday evening on a U.S. Navy nuclear-powered submarine docked at the Portsmouth Naval Shipyard in Maine, injuring four firefighters, officials said.
The cause of the fire is not
Anti-African street violence surges in Israel
Surging street violence against African migrants, including a rampage that an Israeli broadcaster dubbed a ‘pogrom’, drew empathy for the rioters from the interior minister on Thursday.
Waving Israel
Goldman Sachs to lease 1.6 million sq ft office in Bengaluru: Report
U.S. investment bank Goldman Sachs plans to lease 1.6 million square feet of office space in Bangalore, in the country's biggest commercial property deal by size, the Economic Times reported on Thursd
Bharti to buy 49 per cent in Qualcomm India broadband venture
Bharti Airtel, India's biggest mobile phone carrier, said on Thursday it had signed a pact to buy a 49 per cent stake in Qualcomm Inc's fourth-generation (4G) broadband venture in the country for $165
Pakistan seeks face-saving formula in NATO talks
Pakistan is unlikely to re-open supply routes to NATO troops in Afghanistan unless the United States offers a politically acceptable formula in talks on ending a six-month standoff on the issue, a Pak
Greek burglars cash in as savers flee banks
Andreas and Emilia Karabalis, who are both 80, feared their bank in Greece would collapse, so they withdrew their 80,000 euros savings and stashed it at home for safety.
Days later, the thieves came
Reebok India accuses executives of Rs 8.7 billion fraud
Reebok India, owned by Germany's Adidas, lodged a police complaint against two former top executives accusing them of fraud that had led the company to lose Rs 8.7 billion. ($157 million).
The allege
Jet Airways likely to order 100 planes for $3.75 billion - CAPA
Jet Airways is expected to order more than 100 narrow-body aircraft for up to $3.75 billion in 2012-13 as the largest Indian carrier grabs market share from its troubled rivals, a leading consultancy
Pakistani doctor jailed for helping CIA find Osama bin Laden
A Pakistani doctor accused of helping the CIA find Osama bin Laden has been jailed for 33 years for treason, officials said, a move likely to deepen strains in ties between Washington and Islamabad.