North Korea said its much hyped long-range rocket launch failed on Friday, in a very rare and embarrassing public admission of failure by the hermit state and a blow for its new young leader who faces

Japan's MS&AD is close to buying a 26 per cent stake in a joint venture between New York Life and Max India for about $540 million, a source said on Thursday, signaling continued appetite of Japanese

Ouput is normal at India's largest gas producer, the Reliance Industries-operated KG-D6 block off India's east coast, and the company is monitoring the situation closely post tsunami warning, it said

Kazuo Hirai's brief honeymoon as Sony Corp's new chief has ended abruptly as the struggling electronics giant doubled its annual loss forecast, sending its shares tumbling.

On Thursday he will try to

India's leading software exporters are expected to face a challenging year ahead due to growing competition, an uncertain global economy and rising U.S. rhetoric against shipping of jobs to low-cost l

US-based Turner Broadcasting System Inc, a Time Warner company, has decided to shut its Hindi general entertainment channel 'Imagine TV' in India as poor ratings hampered any further investment in it,

India will raise retail prices of subsidised fuels, including diesel, once parliament approves the finance bill for the current fiscal year early next month, a senior government source with knowledge

The Reserve Bank of India (RBI) on Tuesday reiterated its concerns on inflation and a widening current account deficit in a meeting with economists a week before its annual monetary policy review, acc

Developing Asia's rapid growth in recent years has given rise to a widening rich-poor divide that threatens to undermine the region's growth and stability, but governments can address the problem via

Daily sales of gold in India are down 80 per cent from a year ago so far this week from April 9 despite the end on Saturday of a 22-day strike when jewellers shut shop over taxes, as high prices are s