Morgan Stanley downgraded its rating on Axis Bank to 'underweight' from 'equal weight' saying it expects the bank's impaired loans to increase.

Morgan Stanley said it sees Axis Bank's impaired loans

Etisalat, the United Arab Emirates' biggest telecommunications company, said on Wednesday it has decided not to bid for 2G airwaves in an auction scheduled in November.

Etisalat earlier this year shu

A powerful 7.6-magnitude earthquake rocked Costa Rica on Wednesday, rattling buildings, cutting power in areas of the capital and triggering a tsunami warning.

Residents of San Jose said phones went

The wind was blowing a gale and a dark storm was closing in but that was the least of Victoria Azarenka's problems at the US Open on Tuesday.

Australian Sam Stosur roared back from the brink of defea

The Reserve Bank of India (RBI) Governor Duvvuri Subbarao has a penchant for springing surprises.

He often opts for the unexpected when it comes to monetary policy reviews, recently disappointing tho

Girisha Hosanagara Nagarajegowda won a silver in the men's high jump event on Monday at the Paralympic Games in London, bagging India's first medal at the 2012 Games.

The 24-year-old from Karnataka j

If Mario Draghi manages on Thursday to satisfy financial markets while forging a political consensus on how to lower southern Europe's sky-high bond yields, the European Central Bank chief should be o

Israeli Prime Minister Benjamin Netanyahu urged world powers on Sunday to set a 'clear red line' for Tehran's atomic program that would convince Iran they were determined to prevent it from obtaining nuclear arms.

Morgan Stanley cut India's economic growth forecast to 5.1 per cent on Monday, the lowest among most private forecasters for the 2012-13 fiscal year, citing a combination of weak external demand, low

Morgan Stanley cuts India's economic growth forecast to 5.1 per cent on Monday, the lowest among most private forecasters for the 2012-13 fiscal year, citing a combination of weak external demand, low