Ailing state carrier Air India (AI) is estimated to report a loss before tax of Rs69.94 billion for FY11, the civil aviation minister said on Wednesday.

"The turnaround plan submitted by Air India en

Egypt's Hosni Mubarak was wheeled into a courtroom cage in a hospital bed on Wednesday to face trial for killing protesters - an image that thrilled those who overthrew him and must have chilled other

US congressional leaders rushed to line up Republican and Democratic votes on Monday for a White House-backed deal to raise the US borrowing limit and avert an unprecedented debt default.

India's morale-sapping second test humiliation against England has triggered a desperate wave of soul-searching back home with some former players questioning spinner Harbhajan Singh's place in the si

Weak economic growth could swamp the first $917 billion of cuts included in the political deal struck to raise the US debt ceiling. Friday's anaemic GDP report casts doubt on the pact's deficit reduct

British and Japanese officials warned on Sunday of disastrous consequences for the global economy if last-minute talks among lawmakers in Washington failed to agree on raising the US borrowing limit a

India's economy will grow at 8.2 per cent in the year to March 2012, but it faces a challenge in achieving the fiscal targets set in the annual budget, a top economic advisory panel said in a report r

Factories in Asia and Europe all but stagnated in July, according to business surveys that showed the weakest rates of growth since major industrial powers were struggling through the 2009 recession.

Yahoo got short-changed -- that's the view of analysts picking apart the complex deal it announced on Friday with Alibaba Group and SoftBank Corp over Chinese e-payments unit Alipay.

The trio struck

Lenders will look to pass on Tuesday's interest rate increase to customers sooner than later to maintain profitability, even though at the cost of lending growth, which is seen slowing down.

The Rese