The Indian Supreme Court's decision to cancel 122 controversial mobile phone licenses has opened up a new round of scepticism about India as a destination for foreign investment, according to Time mag

Fears of a new recession have wiped trillions of dollars in value from global stock markets in recent weeks and sent investors scurrying to assets they view as less risky.

But are 'safe havens' like

Notwithstanding the skyrocketing prices, gold imports are likely to cross the 1,000-tonne mark this year on robust investment demand, according to analysts.

Since the US sovereign debt downgrade and

U.S. stocks shot up 4 percent or more on Thursday as investors hungry for bargains overcame the recent wave of fear that has driven selling over the last two weeks.

Thursday's rally marked the second