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Momentum accelerates for India to open supermarket sector

The cabinet may decide by next week to allow chains such as the world's largest retailer Wal-Mart Stores Inc to operate in the country with a majority stake under strict local sourcing rules, a senior

Protest flares in east Afghanistan against U.S. deal

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Around 1,000 people, mostly students, took to the streets in eastern Afghanistan on Sunday to protest against plans for a long-term partnership deal with the United States, which they fear could lead

University of California will probe use of pepper-spray on student protesters

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The University of California, Davis said on Saturday it would launch an investigation over video footage that appeared to show campus police using pepper spray against seated student protesters at clo

Time running out to stop a nuclear Iran: Israel

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Iran is less than a year away from being unstoppable in its goal of producing a nuclear weapon, Israeli Defense Minister Ehud Barak said in an interview with CNN released on Saturday.

In an advance t

Reliance Industries, BP set up India gas JV

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Reliance Industries and global energy major BP Plc on Friday said they have formed an equal joint venture to source, market and transport natural gas in Asia's third-largest economy.

The joint ventur

US deficit deadlock may send new chill through markets

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A brutal year for global investors may get even worse next week if Congress proves yet again it is too bitterly divided to deliver on its promise to reduce the gaping U.S. budget deficit.

How financi

Goldman executives face depositions in Gupta case

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At least two Goldman Sachs Group Inc executives face potential interviews under oath in the top U.S. market regulator's civil insider trading case against a former director of the firm, Rajat Gupta, a

Suzuki and Volkswagen headed for arbitration

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Suzuki Motor Corp and estranged partner Volkswagen seemed headed for arbitration, after VW refused again to sell its 20 per cent stake back to the Japanese carmaker and put a floundering two-year alliance out of its misery.

Kingfisher slips to 3rd spot, IndiGo gains

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Struggling Kingfisher Airlines slipped in market share to the third position in October, from second in September, ceding ground to budget airline IndiGo, government data showed.

Kingfisher is unlike

Rupee drops past 51/dlr, hits 32-month low

The rupee skidded beyond 51 against the dollar to its lowest in 32 months on Friday, and was set for its third weekly fall, weighed down by rising oil import payments and slowing exports and foreign i

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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.