Some $4 trillion (2.47 trillion pounds) has been wiped off the value of world stocks this month on concerns the euro zone debt crisis is spreading to Italy and Spain and hurting Europe's banking syste

England captain Andrew Strauss and India's Mahendra Singh Dhoni played down the significance of the world rankings for different reasons on Tuesday ahead of the third Test.

India are currently the nu

China launched its first aircraft carrier for a maiden run on Wednesday, a step likely to boost patriotic pride at home and jitters abroad about Beijing's naval ambitions.

The long-awaited debut of t

Americans by a large majority believe the United States is on the wrong track and nearly half think the worst is yet to come in the economy, a Reuters/Ipsos poll said on Wednesday.

U.S. President Bar

RBI head Duvvuri Subbarao has been given a two-year extension, Harish Khare, Media Adviser to Prime Minister Manmohan Singh told Reuters on Tuesday.

The Reserve Bank of India (RBI) governor was appoi

Stocks rose more than 1 per cent on Tuesday after the previous session's nosedive, but markets could reverse if investors are not convinced the Federal Reserve has a plan to combat the meltdown linked

Bullion gained 1.7 percent on Tuesday, roaring to all-time highs for a second consecutive session as equity markets dived on growing fears of a global recession after last week's cut in the United Sta

Former IMF chief Dominique Strauss-Kahn sexually assaulted a housekeeper in a "violent and sadistic attack" in his hotel suite in Manhattan in May, a civil lawsuit filed on Monday alleges.

The lawsui

A U.S. magazine has identified the mystery woman seen kissing singer Elvis Presley in a backstage theatre stairwell in an iconic 1956 photograph.

Barbara Gray, now 75 and living in Charleston, S.C.,

Roger Federer celebrated his 30th birthday in typical low-key fashion on Monday but the Swiss tennis great has no intention of fading quietly away from the game.

With 67 career titles, including a re