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October 6, 2012

Finance Minister P. Chidambaram has approved 100 percent participation of foreign Telecom firms in the 2G spectrum auction scheduled for November. The ones who win in this auction will be allocated license and spectrum only after they divest 26 percent stake to an Indian partner.

October 6, 2012

Islamabad: Over two million wealthy Pakistanis live in palatial houses, possess arms, drive luxury cars, travel abroad and hold multiple bank account, but don’t pay their taxes, said a media report.

There are 2.38 million people in the country who are rolling in wealth, but do not figure on the tax roll at all, reported Dawn.

October 5, 2012

Trading for the National Stock Exchange was briefly halted Friday morning due to mistaken orders worth over $125 million. Trading has since resumed.

October 5, 2012

In a television interview Sachin Tendulkar has said that he is contemplating retirement. "I am 39 and I don't think I have plenty of cricket left in me," the star cricketer said.

October 5, 2012

Since 1971 two women at the Government Women Teachers Training Institute in Udupi, Karnataka, have cleaned 21 bathrooms a day for just 15 rupees (29 cents) a month. Both women are owed over $500,000 by the government.

October 5, 2012

DENVER: A day after a muted performance in a presidential debate, President Barack Obama fought back against Republican rival Mitt Romney on Thursday and the Democrat's re-election campaign vowed to learn lessons from the setback.

October 5, 2012

Mission Control Center spokeswoman Nadyezhda Zavyalova said the Russian Zvevda module will fire booster rockets to carry out the operation Thursday.

October 5, 2012

Congress general secretary Rahul Gandhi arrived in Jammu & Kashmir on Thursday amid reports of growing differences between his party and ruling coalition partner National Conference and threat to panchayat members.

Indian Congress Party General Secretary: Rahul Gandhi

October 5, 2012

Washington — President Barack Obama is still ahead in national polls even as critics across media and snap polls declared Republican challenger Mitt Romney the winner in their first presidential debate.

Obama vs Romney 2012

October 5, 2012

The "Taj Arabia" will be four times the size of the original and include a shopping center, apartments and a five-star hotel. The building is part of a larger project replicating several wonders of the world in the Gulf city.