Over 500 million Indians will need new homes in almost a decade, close to the needs of China, North America and Western Europe put together, as the government and urban local bodies focus more on...

India Inc , but experts warn that their internal feuds and succession issues also pose significant risks -- not only for the groups themselves, but for the entire economy as well. Many of the biggest...

Wang has gained a reputation as a political and economic reformer during his four years in charge of Guangdong, the province with the largest economy in China that is one of the world’s biggest...

Feb. 3 (Bloomberg) -- Investments in commodities are expanding at the quickest pace in six years on signs of rising economic growth, even as JPMorgan Chase & Co. and Goldman Sachs Group Inc. warn...

SME sector , the government-appointed Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) acts as a guarantor to loans up to Rs 1...

Income Tax Department to unearth black money, tax evasion and instances of criminal financing in the country. A recent directive of the Central Board...

Jagdish Khattar , is gearing up for an aggressive foray into the used-car market, with plans to open over 160 outlets across the country in the next three years. "There is a huge potential for...

MUMBAI: Led by IT bellwether TCS, eight of the country's top ten valued companies added Rs 39,894.58 crore to their combined market capitalisation (mcap) in a strong market the last week. The...

Mother Dairy has now decided to expand presence in other parts of the country within the next 2-3 years. "We are planning to strengthen our product range in the Southern and Western...

Feb. 5 (Bloomberg) -- China’s economy may be headed for a "rough landing," Singapore Prime Minister Lee Hsien Loong...

Feb. 3 (Bloomberg) -- Royal Bank of Scotland Group Plc, which accused a fired Singapore trader of manipulating London interbank offered rates, had condoned such behavior and sought scapegoats in an...

Feb. 4 (Bloomberg) -- Asian stocks rose for a seventh week, with the regional benchmark matching its longest winning streak since 2005, as improved manufacturing reports in the U.S., China, India and...

The Kindle Fire, a tablet computer that electronic commerce giant Amazon.com Inc released in November 2011, has been increasing its presence in the market with its low price of US$199. According...

SPNB Studying New Form Of People-Friendly Houses, Says MD You are not an authorised user. Please contact us 03-20504478 immediately so we may assist...

China's economic growth will decelerate to around 8.1 percent this year and edge up to 8.7 percent in 2013, Stephen Green, economist with Standard Chartered Bank (China), said Saturday. He said...

Vodafone India Ltd. Piramal paid $618 million, or Rs 3,000 crore, to pick up an additional 5.5% stake in the country's third largest mobile-phone service provider and the local arm of the...

Wireless devices that are expected to be equipped with the transceiver module once the size of the module becomes equivalent to that of the...

Power Assist Technology Ltd and Shimane University developed what they claim is the world's smallest charger for plug-in hybrid electric vehicles (PHEVs) and electric vehicles (EVs). They...

Feb. 4 (Bloomberg) -- Shanda Games Ltd. and Perfect World Co. drove an index of Chinese U.S.-traded stocks to a seventh weekly gain, as the online game developers’ high cash levels and...

ISLAMABAD: Pakistan and the European Union (EU) will iron out key contentious issues at a two-day Joint Economic Commission (JEC) meeting between the two sides in Brussels from February 6-7, sources...

KARACHI: A Japanese group has agreed to invest $40 million in information technology (IT) and wind energy sectors in Karachi. According to an official statement, the Japanese Group DTS has presented...

KARACHI: The Planning Commission of Pakistan and Pakistan Strategy Support Programme (PSSP) have announced a first annual call for applications for research competitive grants, an official said on...

ISLAMABAD: Industrialist and economist Mirza Ikhtiar Baig termed World Trade Organization's (WTO) approval of duty-free access to 75 Pakistani products in the European Union markets a great...

KARACHI: The Karachi Stock Exchange (KSE) is expected to consolidate around 12,000 points threshold next week ahead of full-year financial results, particularly of banks and likely increase in...

LONDON: After a blockbuster January for both equities and bonds - rallies that caught many in the market by surprise - investors will be paying keen attention to the world's central banks in the...

LAHORE: Tragedies like the recent case of the tainted cardiovascular medicines were waiting to happen due to the laxity of the pharmaceutical sector regulators, Dr Fareed Khan, a prominent member of...

NEW YORK: US stocks finished a strong week at their best levels since the start of the year driven by promising economic data that trumped a mixed batch of company reports as the earnings season...

MUMBAI/NEW DELHI: Vodafone, for one, is wasting little time in capitalising on a blockbuster Indian court verdict that's likely to shake up the world's second-largest mobile phone...

Mumbai, Feb. 4: Piramal Healthcare today acquired an additional 5.5 per cent stake in Vodafone India Ltd for Rs 3,007 crore ($616 million), increasing its stake in the telecom entity to 11 per...

Calcutta, Feb. 4: Chandra Kant Birla plans to infuse fresh capital in ailing Hindustan Motors after over a decade as the maker of Ambassador cars strives to strengthen its balance sheet in the face...

Mumbai, Feb. 4 (PTI): Reserve Bank deputy governor K.C. Chakrabarty today said that efforts were on to redefine what makes an industrial unit sick, which would help bring down...

Topping the list of cheer-uppers in London is a new National Theatre production of "She Stoops to Conquer," Oliver Goldsmith’s mistaken-identity romp of 1773. Sophie Thompson, playing...

Feb. 3 (Bloomberg) -- Lightspeed Venture Partners, an investor in LivingSocial.com, has almost completed raising two funds, one in the U.S. and one in China, totaling about $875 million, according to...

Eight Japan- and the US-based firms established an industry group for wireless communications used for smart meters. The eight firms are Analog Devices Inc, Fuji Electric Co Ltd, Japan's...

Feb. 4 (Bloomberg) -- Lance Armstrong, the seven-time tour de France champion, and his professional bicycle racing team are no longer the subjects of a U.S. criminal probe, the U.S. attorney in Los...

Feb. 4 (Bloomberg) -- An Indian court dismissed a petition asking that Home Minister Palaniappan Chidambaram be prosecuted in a 2008 sale of phone licenses case that has led to cancellation of...

Qualcomm Inc exhibited its wireless power transmission system for electric vehicles (EVs) at the 2012 International CES. This is the first time that Qualcomm has showed the system at a trade show,...

DeviceFidelity Inc, a US-based venture, developed a microSD memory card featuring NFC (near field communication) capability. In January 2012, the company tied up with Spring Card Systems LLC and...

Toshiba Corp exhibited a prototype of a waterproof tablet computer that can be wirelessly powered at the 2012 International CES. At the trade show, the tablet was being wirelessly powered in an...

Sensex posted gains for the fifth consecutive week and settled higher by almost 371 points at more than three-month high of 17,604.96. Domestic factors like buyback of shares by top heavyweight RIL...

e-commerce is growing fast, the Commission has said. The digital single market is far from reaching its potential, and failure to complete that market is estimated to cost at least 4.1 percent of GDP...

Feb. 3 (Bloomberg) -- Chinese Premier Wen Jiabao raised the prospect of contributing to the euro-area’s bailout programs, telling Chancellor Angela Merkel that China may be prepared to assist...

Vodafone India for Rs.3,007 crore ($618 million), taking the total stake of the cash-rich drug manufacturer in the mobile telecom firm to 11%. Sitting on a huge cash pile after selling off one of its...

Feb. 3 (Bloomberg) -- PetroChina Co. and Royal Dutch Shell Plc deepened their collaboration in exploring unconventional gas resources with the Chinese company investing in a Canadian project and the...

Feb. 3 (Bloomberg) -- For Mick Davis, the 53-year-old South African who runs Xstrata Plc, the approach from commodities trader Glencore International Plc is unlikely to prompt him to surrender the...

Feb. 2 (Bloomberg) -- Egypt’s premier said he accepted the resignation of the governor of Port Said where soccer clashes left more than 70 dead, falling short of lawmakers’ calls for...

Feb. 4 (Bloomberg) -- An Indian court dismissed a petition asking that Home Minister Palaniappan Chidambaram be probed for corruption in a 2008 sale of phone licenses that were canceled by the...

Feb. 3 (Bloomberg) -- Mazda Motor Corp., the most unprofitable company among Japan’s eight biggest carmakers, said it’s considering ways to boost capital as four years of losses erode...

KUALA LUMPUR, Feb 4 (Bernama) -- Kuala Lumpur has been rated the highest among South-East Asian cities for Arab companies to set up regional and representative offices according to a survey by...