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State-run refiners could cut petrol prices from June

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State-fuel retailers could cut retail prices of petrol by about two rupees a litre from next month if global oil prices and the rupee stabilise at current levels, said S.Roy Choudhury, chairman of Hin

Gold on back foot as Spain woes pressure euro

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Gold edged down on Wednesday as investors continued to fret about the eurozone debt crisis with Spain's borrowing costs spiralling towards unsustainable levels, keeping the euro close to its lowest le

Apple CEO wants to make more products in U.S

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Apple Inc chief executive Tim Cook said he would like to see more of the company's products assembled at home than in China and contain more U.S. components such as semiconductors.

Apple has been cri

ONGC Q4 net profit leaps above estimate

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State-run Oil & Natural Gas Corp's net profit more than doubled in the fourth quarter, as the company benefited from higher crude oil prices and foreign exchange fluctuations.

ONGC, India's third-big

Myanmar banking's new 'wow' factor - ATMs

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As Myanmar opens up after five decades of military rule, a country run on cash is finding a new alternative: plastic.

Private banks in Myanmar have begun rolling out automated teller machines in rece

Pakistani doctor in bin Laden hunt rejected U.S. escape: Officials

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U.S. authorities said a Pakistani doctor who helped the CIA track down Osama bin Laden turned down an opportunity to leave his country and resettle overseas with his family, two U.S. officials told Re

Facebook shares plumb new depths, valuation questioned

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Facebook Inc shares slid below $29 to a new low on Tuesday as nervous investors fled the company's shares, concerned about the social network's long-term business prospects and an initial offering pri

Nepal parties fail to finalise constitution

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Nepal's warring political parties said on Sunday they had failed to narrow their differences sufficiently to agree on a new constitution for the Himalayan republic before a midnight deadline, plunging

Britain's Blair faces grilling over ties to Murdoch

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Tony Blair's decision to openly court Rupert Murdoch to win power and ensure favorable coverage during his decade-long tenure as British prime minister will come under scrutiny when he faces a media i

Red light area turns into art hub

A shabby area of Berlin best known for its curb-crawling prostitutes and drug dealers is recovering some of the Bohemian allure of its glory days in the 1920s as low rents and its central location lur

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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.