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No room for error in Facebook’s debut quarter

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Facebook Inc faces immense pressure to beat Wall Street's financial targets when its delivers its inaugural quarterly earnings report next week, hoping to wash away the bad taste left with investors from a soured IPO.

IMF economist accuses Fund of suppressing information

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A veteran economist at the International Monetary Fund has accused the global lender of suppressing information on difficulties in dealing with the global financial meltdown and eurozone crisis.

ECB turns screws on Greece, stops accepting collateral

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The European Central Bank turned up the heat on Greece on Friday ahead of a review of its bailout programme, saying it would stop accepting Greek bonds and other collateral used by Greek banks to tap ECB funding, at least until after the review.

Maruti to stay at troubled Manesar plant, expand operations: Report

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India's biggest carmaker Maruti Suzuki will continue to operate at the troubled Manesar factory, and will build its third plant at the site by the middle of next year, The Economic Times newspaper rep

Nokia revival hopes fade as analysts cut targets

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Analysts cut their price targets on Nokia to little more than the value of its cash and patents on Friday as hopes fade that phones using new Microsoft software can revive the ailing mobile company an

RBI ups priority loan target for foreign banks

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The Reserve Bank of India (RBI) has increased the priority sector lending target for foreign banks with 20 branches or more to 40 per cent from 32 per cent in a phased manner over a maximum period of five years starting April 1, 2013.

Tv host fired, arrested for lewd conduct

Comedic actor Fred Willard was arrested in Los Angeles for lewd conduct in a Hollywood adult movie theater, causing the makers of a television show he hosted, Market Warriors, to promptly fire him on

Japan probes under-reporting of Fukushima radiation dosage

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Japan's health ministry said it would investigate reports that workers at the stricken Fukushima nuclear power plant were urged by a subcontractor to place lead around radiation detection devices in o

Experimental musicians use body as instrument

Peter Kirn makes music with an unusual instrument - his own body.

The Kentucky native pinches two electrically charged pennies connected to a laptop via two short green wires.

The rudimentary contra

Monsoon revives, drought risks ease for now

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The monsoon rains have revived and are expected to remain active at least until the end of this month, weather officials said on Friday, easing risks of a drought for now and helping planting to pick

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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.