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India to continue importing oil from Iran: Minister

India will continue to import oil from Iran without violating any international law, and has requested the United States and the European Union to take into account India's oil needs, Oil Minister Jai

Goldman upgrades Indian stocks to 'marketweight'

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Goldman Sachs upgraded Indian stocks to 'marketweight' from 'underweight' in its latest Asia-Pacific Quarterly Outlook report dated March 22, saying domestic growth will pick up, while stock valuation

Jewellers' strike dents festival sales in India

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Jewellery sellers in India lost out on the opportunity to make large sales on Gudi Padwa festival, considered to be an auspicious day to buy gold, due to a strike called to protest duty raises in last

Japanese firms considering geothermal plants in Fukushima

Japanese firms are looking at building several geothermal plants in a volcanic zone in the area worst hit by last year's nuclear disaster, a project that could gain momentum after the government eased

Ambushed, outgunned, Syrian rebels plead for arms

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Puffing hard on a cigarette, the Syrian rebel relived the moment earlier this week when his band of fighters was caught in Syrian army crossfire as they tried to smuggle a wounded comrade over the hil

India joins China in boycott of EU carbon scheme

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India joined China in asking its airlines to boycott the European Union's carbon scheme on Thursday, confirming what a senior Indian government source previously told Reuters and stoking a diplomatic

M&A activity seen increasing after slow start in 2012

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Mergers and acquisitions activity hit its lowest quarterly level in more than seven years in the first quarter of this year, but investment bankers said a run-up in the markets will help turn the tide

Asian shares fall on global growth worries

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Asian shares fell on Friday and growth-linked currencies such as the Australian dollar were shunned after data showing shrinking factory activity in China and the euro zone heightened concerns about a

As U.S. election looms, India IT seeks image makeover

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As the U.S. presidential election ramps up the rhetoric against offshoring jobs, India's flagship software services providers are seeking an image makeover.

For Wipro, Infosys and others, multi-billi

EU to impose travel, shopping ban on Syrian President Bashar al-Assad's wife

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European Union states are set to ban Syrian President Bashar al-Assad's wife Asma from travel to and shopping in the EU, diplomats said, cranking up pressure on his government to end a bloody crackdow

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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.