Services sector grows at fastest pace in 5 months
India's services sector grew at its fastest pace in five months in December riding on a surge in new business and expansion in employment, but rising input prices will likely add to inflationary press
Fed to publish rate path forecasts in new transparency move
The U.S. Federal Reserve on Tuesday said it would begin publishing forecasts on the path of interest rates later this month, a move that could suggest rates will be on hold for longer than previously
North Korea military strategy superior, says think-tank
North Korea's military strategy is superior to the defensive posture of its affluent neighbor to the South, an independent think-tank said on Wednesday, giving Pyongyang the edge in the early days of
Ford launches new SUV in India, to invest $142 million in India
Ford Motor Co on Wednesday launched the EcoSport, its new global compact sports utility vehicle, and said it will invest $142 million in the company's Chennai plant to manufacture the model for the do
Economy likely to do better in 2012-13: Basu
India's economy will likely grow faster next fiscal year than in 2011-12 because of an improved external environment and a shift in policy focus from containing inflation to growth, a top government a
Taliban say office in Qatar has been agreed
The Afghan Taliban said on Tuesday they have reached a preliminary agreement to set up a political office in the Gulf nation of Qatar, and asked for the release of prisoners held at the U.S. military
Iran threatens US Navy as sanctions hit economy
Iran threatened on Tuesday to take action if the US Navy moves an aircraft carrier into the Gulf, Teheran's most aggressive statement yet after weeks of saber-rattling as new US and EU financial sanct
North Korea calls for 'human shields' to protect new leader
North Korea called on its people to rally behind new leader Kim Jong-un and protect him as 'human shields' while working to solve the 'burning issue' of food shortages by upholding the policies of his
Maruti car sales fall 7.1 pct in December
Maruti Suzuki, India's top carmaker, said sales fell 7.1 percent in December from a year earlier as the company recovers from crippling strikes and falling demand that has seen rivals eat into its mar
Russell files for divorce from Katy
British comedian and actor Russell Brand called it quits on his 14-month marriage to Teenage Dream singer Katy Perry on Friday, filing for divorce on the grounds of irreconcilable differences.