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January 24, 2014

SEOUL: South Korean regulators on Wednesday vowed tougher penalties for financial firms and executives who fail to protect customer data, following the unprecedented theft of information from at least 20 million people.

"If an accident like this happens again, the company in question will be shut and its executives will no longer be able to work in this industry," Shin Je-yoon, the head of the financial supervisory commission (FSC), told reporters.

January 24, 2014

ISLAMABAD: Pakistani officials used a secret counterterrorism fund to buy wedding gifts, luxury carpets and gold jewellery for relatives of ministers and visiting dignitaries, according to documents seen by AFP.

The revelations cast a spotlight on high-level corruption in Pakistan as the impoverished but nuclear-armed country battles a surge in Taliban violence.

January 24, 2014

WASHINGTON: Fugitive intelligence leaker Edward Snowden has said that he has no plans to return to the United States, because he would have "no chance" for a fair trial.

NSA Leaker - Edward Snowden

January 24, 2014

RBI governor Raghuram Rajan recalls his younger days when his parents could not afford a blazer for him to wear to school, or the times he played the banjo as part of the school orchestra.

Reserve Bank of India Governor: Raghuram Rajan

January 24, 2014

WASHINGTON: For the first time in more than a decade, five Nasa Earth science missions will be launched into space in the same year, opening new and improved remote eyes to monitor our changing planet.

The five launches, including two to the International Space Station (ISS), are part of an active year for Nasa Earth science researchers.

January 23, 2014

While Sania and Tecau beat Aisam-ul-Haq Qureshi and Julia Georges 6-3, 6-4, Rohan Bopanna and Katarina Srebotnik lost 5-7, 3-6 to Jarmila Gajdosova and Matthew Ebden in the other quarter-final

January 23, 2014

MUMBAI: The food processing industry attracted foreign direct investment (FDI) worth $2.15 billion between during the April-October period of this fiscal and the government expects higher inflows to improve further this fiscal, a senior government official said here today.

"We see significant increase in FDI in the food processing sector. The average FDI inflow was $117 million for 11 years ending FY12 and $401 million in FY13. During the April-October period, it jumped to $2.15 billion.

January 23, 2014

WASHINGTON: A New York lawmaker cited the Sikh faith of  to press for Sikh religious rights in the US military after the Pentagon's latest regulations regarding keeping their turban and hair while in service left the community dissatisfied.

India's current Army chief - Bikram Singh

January 23, 2014

WASHINGTON: Harvard University announced on Wednesday that Rakesh Khurana, the Indian-origin scholar who is currently a Professor of Leadership Development at Harvard Business School (HBS) and professor of sociology in the Faculty of Arts and Sciences (FAS), will be the new Dean starting July of the Harvard College, which was established in 1636 when Shah Jahan ruled India.

January 23, 2014

MONTREUX (Switzerland): External affairs minister Salman Khurshid on Wednesday met his US counterpart John Kerry here for the first time after a row over the arrest of an Indian diplomat as they committed to move forward bilateral ties and return to close partnerships on strategic issues.