President Barack Obama called on Tuesday for higher taxes on the rich and new remedies for the U.S. mortgage crisis in a starkly populist State of the Union address aimed at convincing voters to give

Headline inflation does not need to get to a particular number for the Reserve Bank of India to act on interest rates, Deputy Governor Subir Gokarn said.

RBI Governor Duvvuri Subbarao, speaking on th

The world economy will lose momentum in 2012 but it will keep moving in the right direction, according to Reuters polls of around 600 economists who said crisis-hit Europe would drag on global growth.

Eurozone finance ministers will decide on Monday what terms of a Greek debt restructuring they are ready to accept as part of a second bailout package for Athens after negotiators for private creditor

The Reserve Bank of India (RBI) is not expected to cut interest rates at its review on Tuesday as it remains worried about inflation, but it may cut the cash reserve ratio (CRR) for banks as a way to

Larsen & Toubro, India's biggest engineering conglomerate, reported an 18 per cent rise in quarterly net profit, beating market estimates, boosted by more contracts in overseas markets and other incom

The Artist continued its love affair with American cinema after winning best-produced film on Saturday at the Producers Guild Awards (PGA), boosting its chances for an Oscar nod ahead of the Academy A

The operators of the Costa Concordia faced questions over their share of the blame for the shipwreck, as divers recovered another body from the stricken liner on Sunday, bringing the known death toll

Gun and bomb attacks by Islamist insurgents in the northern Nigerian city of Kano last week killed at least 178 people, a hospital doctor said on Sunday, underscoring the challenge President Goodluck

Research In Motion's Mike Lazaridis and Jim Balsillie have bowed to investor pressure and resigned as co-CEOs and co-chairmen, handing the top job to an insider with four years at the struggling Black