India GDP growth seen at 6.5 % in 2012: ADB
The Asian Development Bank (ADB) cut its growth forecasts for developing Asia on Thursday, saying financial and economic problems in Europe and the United States had cut demand for exports, although Southeast Asia remained a bright spot.
Diesel price hike likely after presidential polls
India is likely to raise diesel prices after presidential polls on July 19, an oil ministry source said on Thursday, as the government attempts to cut the amount of money it pays out to keep prices lower.
Glum Fed keeping easing options open, minutes show
The U.S. Federal Reserve is open to buying more Treasury bonds to stimulate the economy, but the recovery might need to weaken for a consensus to build, minutes from the central bank's June meeting re
Manufacturing slows emerging market growth
Economic growth across emerging markets eased in the second quarter of 2012, dragged down by lacklustre manufacturing sector activity, especially in China and Brazil, an HSBC survey showed on Wednesda
CEO vows to turn RIM into 'lean, mean machine'
Research In Motion Ltd's new CEO vowed on Tuesday to turn around the embattled company with the new generation of BlackBerry devices coming next year, saying he would transform RIM into a 'lean, mean,
Annan says Iran must be player in Syria crisis talks
U.N. peace envoy Kofi Annan waded into big power politics on Tuesday, insisting regional heavyweight Iran should be involved in efforts to find a peaceful solution to the Syria crisis despite the West
Barclays' Diamond accused of misleading inquiry
British lawmakers on Tuesday accused Barclays former chief executive Bob Diamond of misleading a parliamentary inquiry into an interest rate-fixing scandal that has forced him to resign and give up bo
Reuters Poll - Obama expands lead on Romney, voters more optimistic
President Barack Obama expanded his lead over Republican challenger Mitt Romney to 6 percentage points in the White House race in July as voters became slightly more optimistic about the economy, a Re
MCX-SX gets nod to start equity trading in India
MCX-Stock Exchange won approval from Indian regulators to kick-start trading of stock products, as the bourse operator looks to challenge more established rivals the Bombay Stock Exchange and the Nati
Tom, Katie wrap up speedy divorce
Hollywood superstar Tom Cruise and actress Katie Holmes settled their divorce on Monday, taking less than two weeks to end a nearly six-year marriage that captivated the world and prompted questions a