U.S. groups ask Geithner to press Pranab Mukherjee on tax plan
U.S. business groups are urging U.S. Treasury Secretary Timothy Geithner to press India's Finance Minister Pranab Mukherjee this week on proposed changes to India's tax law they fear could badly damag
VW's Audi buys Ducati to expand brand portfolio
Volkswagen's Audi division said it agreed to buy Italian motorcycle maker Ducati, adding a 12th brand to the German auto maker's portfolio of passenger cars, trucks and ultra-luxury vehicles.
The 20-
Banks grudgingly begin to cut rates after RBI slashed policy rates
State-run Indian banks are likely to give in to a government directive and lower lending and deposit rates within the next few days after the RBI made a deeper than expected cut to its policy rate on
Fuel retailers threaten to raise petrol prices
Fuel retailers have threatened to hike petrol prices by about 15 per cent if the government does not temporarily regulate prices and compensate them for losses on sales, further evidence the liberalis
In Asia, BlackBerry's RIM sees a glimmer of hope
The launch in India of a new BlackBerry by Research In Motion Ltd is not just a nod to its lower-end users who love it less for its security, push email and seamless roaming than for its simplicity an
Afghan intel, Nato failed, says Karzai
Afghan President Hamid Karzai said Monday a coordinated Taliban attack showed a “failure” by Afghan intelligence and especially by Nato, as heavy street fighting between insurgents and the security fo
Afghan schoolgirls poisoned in anti-education attack
About 150 Afghan schoolgirls were poisoned on Tuesday after drinking contaminated water at a high school in the country's north, officials said, blaming it on conservative radicals opposed to female e
Hong Kong to slam door on pregnant mainland Chinese
Hong Kong may bar mainland Chinese mothers from giving birth in public hospitals next year to ease over-crowding in local maternity wards, the city's health chief said on Tuesday.
Since it reverted f
Rise in small savings likely to ease borrowing pressure: Official
An increase in small savings collections is likely to reduce pressure of government borrowing via dated securities and treasury bills in the current fiscal year, the economic affairs secretary told CN
South African President Jacob Zuma to marry for sixth time
South African President Jacob Zuma, who turned 70 last week, will marry for the sixth time next weekend when he takes his long-time fiancée, Bongi Ngema, as his fourth current wife, his spokesman said