Debt-strapped Kingfisher Airlines, devoid of a turnaround plan to get back into the air, faced a possible shutdown by the government after extending the grounding of its fleet for another week.

The D

South Korea and the United States have reached an agreement on extending the range of Seoul's ballistic missiles to counter the threat from North Korea, local media reported on Saturday citing unnamed

Embattled Kingfisher Airlines Ltd will ground its fleet for another week after failing to resolve an impasse with staff over salaries that have not been paid for more than half a year.

The airline, w

Carlyle Group LP has raised $841 million in India's fourth-biggest equity deal in 2012 by selling its remaining 3.7 per cent stake in the country's top mortgage lender Housing Development Finance Corp

The National Stock Exchange (NSE) was brought to a brief halt on Friday after Emkay Global Financial Services placed more than five dozen erroneous orders worth more than $125 million, triggering a sh

The International Monetary Fund will lower its forecasts for global economic growth to 3.3 per cent in 2012 and 3.6 per cent in 2013 from earlier forecasts of 3.4 per cent and 3.9 per cent respectivel

Turkish artillery hit targets inside Syria on Wednesday after a mortar bomb fired from Syrian territory killed five Turkish civilians, while NATO called for an immediate end to Syria's 'aggressive act

India's services sector expanded at its fastest pace in seven months as a spurt in new business encouraged firms to hire more staff, a survey showed on Thursday, suggesting the worst of the economic s

The cabinet approved bills for foreign investment in insurance and pensions on Thursday in the latest move by Prime Minister Manmohan Singh to restore confidence in the flagging economy, but the refor

A letter handwritten by physicist Albert Einstein a year before his death, expressing his views on religion, will be sold on eBay this month with an opening bid of $3 million, an auction agency said o