A squeeze on billing rates is clouding the outlook for India's IT industry, which is feeling the pain of discount demands from its key financial sector clients.

Infosys, India's No.2 software service

Little more than a dozen years after the region's crippling financial crisis, Southeast Asia is looking more a safe haven than a risky bet, with foreign investors souring on China and India and pouring money into markets proving resilient to the global gloom.

A suicide bomber blew himself up at a wedding reception in northern Afghanistan on Saturday, killing at least 22 people including a prominent politician, and wounding 40 others, police said.

The deat

U.S. federal investigators are looking at whether JPMorgan Chase & Co traders hid trading losses that have since grown to $5.8 billion, according to a person familiar with the matter, after the bank s

Serena Williams has still not kicked post Wimbledon jet lag, but she still managed to beat Chanelle Scheepers 6-4 6-0 in the quarter-finals of the Stanford Classic on Friday.

Second seed Mario Bartol

Syria appears to be quietly shifting some chemical weapons from storage sites, say Western and Israeli officials, but it is not clear whether the operation is merely a security precaution amid the cha

India's monsoon rains were above average in the past week for the first time in the current season, the weather office said, as the downpours resumed after a worrying fortnight-long pause over the cen

China's economy grew 7.6 per cent in the second quarter of 2012 from a year earlier, its slowest pace in three years, confirming expectations of a downward trajectory that leaves full-year growth on c

More than 200 Syrians, mostly civilians, were massacred in a village in the rebellious Hama region when it was bombarded by helicopter gunships and tanks and then stormed by militiamen, opposition activists said.

Barclays Capital cut its ratings on Infosys to 'equal weight' from 'overweight' citing 'disappointing' April-June earnings and saying the company's guidance was still too aggressive.

Barclays also cu