Buried in recent monthly data for wholesale prices in India, the wild gyrations of a humble vegetable tell the tale of an economy trapped in inflation by its own rigidities.

Back in December, after a

The World Bank cut its economic growth forecast for China in 2012 to 8.2 per cent on Wednesday and urged the country to rely on easier fiscal policy that boosts consumption rather than state investmen

India's economic growth is likely to rise to more than 7.5 per cent in calendar year 2013 but continued government policy uncertainty could erode the country's longer-term growth prospects, the OECD s

In its three days of trading, Facebook's stock has dropped 18 per cent from its $38 issue price.

For the thousands of investors that bought at the IPO, that's bad enough, but one analysis of its ear

Former Goldman Sachs director Rajat Gupta was once on hedge fund billionaire Raj Rajaratnam's 'important people' list but excluded from a fantasy football celebration helicopter trip to Atlantic City

Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Sta

Direct sale of dollars by the Reserve Bank of India to state-run oil companies should not be ruled out, the chief economic adviser to the prime minister said on Wednesday, after the rupee plunged to a

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 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

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.