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In India, muddled leadership leaves economy adrift

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'Dear God,' wrote economist Rajeev Malik as he called on the Almighty to help India's 'rudderless' government in a biting critique that underscored a growing frustration at home and abroad with the s

World leaders back Greece, vow to combat financial turmoil

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World leaders backed keeping Greece in the eurozone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalising a global economy increasingly threatened by Europe'

JPMorgan to be haunted by change in risk model

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JPMorgan Chase & Co's decision to radically change the way risk was measured in its Chief Investment Office is likely to dog the bank in the developing crisis over the big trading losses it has suffer

Utah scientists discover new dinosaur

SCIENTISTS HAVE discovered fossilised bones near Utah’s iconic Arches National Park representing a new species of raptor dinosaur that was about the size of a coyote, the state’s top palaeontologist a

Bomb explodes near school in southern Italy - Official

One person was killed and six people were injured when a bomb exploded near a school in Brindisi in southern Italy on Saturday, an official at the Civil Protection Authority said.

He said it was uncl

Italy says envoy recall signals “strong displeasure” with India

Italy's recall of its envoy from New Delhi is aimed at signalling its ‘strong displeasure’ with the Indian government's handling of a case involving two Italian sailors charged with murder, a top Italian official said on Saturday.

Europe's economic woes dominate G8 gathering

U.S. President Barack Obama will press European leaders to ease up on fiscal austerity and focus on economic growth at a summit on Saturday that will discuss ways to stem turmoil in the euro zone and

Facebook fizzles on debut, shares skirt IPO price

Facebook Inc. shares fizzled on their first day of trade on the Nasdaq, erasing early gains of as much as 18 per cent to trade close to their initial public offering price.

Sharapova slams Azarenka for blaming WTA rules

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Russia's Maria Sharapova caused a stir at the Italian Open on Friday when she questioned Victoria Azarenka's claim that she had been forced to quit to protect her ranking.

Azarenka won her first matc

Aditya Birla to buy stake in Living Media

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Diversified Aditya Birla Group will buy a 27.5 percent stake in unlisted media group Living Media India Ltd, which publishes the popular India Today magazine, for an undisclosed sum.

Living Media off

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.