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March 15, 2013

NEW DELHI: India is downgrading its diplomatic ties with Italy and has asked its ambassador-designate to that country Basant Kumar Gupta, who was scheduled to leave for Rome on Friday, not to proceed to take up his posting.

March 15, 2013

Brief Scorecard: Australia 273 for 7 (Cowan 86, Warner 71, Smith 58*, Jadeja 3-56) v India

Ed Cowan and David Warner provided a strong start but India hit back after lunch

March 15, 2013

MUMBAI: As Indian companies look to expand their footprint globally, and multinationals eye reverse innovations out of India, a certain provenance paradox appears to be posing a new challenge in this journey.

It's to do with the stereotypes consumers develop about products made in their country of origin. Consumers generally associate certain geographies with the product category. For instance, the best wine comes from France or the best chocolate comes from Switzerland. That in short is the provenance paradox.

March 15, 2013

WASHINGTON: India is setting up a steeplechase of barriers for American IT and high-tech firms by putting in place random new regulations and policies, representatives of US IT sector have told lawmakers.

March 15, 2013

Critics of the India's new bill on rape claim it doesn't do enough to prevent rape within marriage. According to one women's rights activist, many people in the country do not even consider it a crime.

Delhi gang-rape case starts in fast-track court

March 14, 2013

WASHINGTON: The Obama administration's salutary warning to Islamabad that it risked a setback to even the "modest progress" made in ties with India if another terrorist attack was linked to it appears to the have sunk home, at least in one section of the Pakistani establishment.

March 14, 2013

MOHALI: Elements had the final say as the first day of the third cricket Test between India and Australia here was called off without a ball being bowled, thanks to a heavy downpour that lashed the city since early morning.

March 14, 2013

MUMBAI: The Reserve Bank of India (RBI) opened the door on Thursday to foreign institutional investors (FIIs) using investments in corporate and government bonds as collateral in the futures and options segment of stock exchanges.

The move announced by the RBI is expected to improve liquidity in the derivatives market, one foreign bank dealer said.

The RBI also said it was permitting FIIs to use their investments in corporate bonds as collateral in the cash segment of the stock market.

March 14, 2013

New Delhi — India said Thursday that it was reviewing "all aspects of our relationship" with Italy following a diplomatic row.

The external affairs ministry said this was part of ongoing efforts after Prime Minister Manmohan Singh described as unacceptable Italy's refusal to send back its two marines accused of killing two Indian fishermen.

March 14, 2013

A pioneering Pakistani activist in Karachi who helped bring services like sewer and water to the city's poorest neighborhoods was and killed on Wednesday night. Perween Rahman, the director of the Orangi Pilot Project, was on her way home when she was shot and killed by gunmen on a motorcycle.