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September 18, 2012

New Delhi — Amid growing protests against its decision to allow foreign direct investment (FDI) in multi-brand retail, the government Tuesday said the implementation of the policy remained a prerogative of the states.

"The recently approved policy on FDI in multi-brand retail trading provides, inter-alia, that it would be the prerogative of the states to allow a multi-brand store," the commerce and industry ministry said in a statement.

September 18, 2012

Salman Butt and Mohammad Aamer have been banned from playing in professional cricket. But the two shamed cricketers are now playing the role of commentators for a Pakistani television channel for the World Twenty20 matches that start on Tuesday in Sri Lanka.

September 18, 2012

Trinamool Congress chief Mamata Banerjee will decide on Tuesday whether to pull out of the UPA ruling coalition in India. Banerjee has described the recent reform package introduced by Prime Minister Manmohan Singh as being "anti-people."

September 18, 2012

Captain Mahela Jayawardene shut down accusations that his team chokes in major finals, saying that he’d rather make the finals than be knocked out in earlier rounds. The World Twenty20 will kick off this week in Sri Lanka.

September 17, 2012

The Indian Space Research Organization has announced they will launch a space probe to orbit Mars in November 2013. The country hopes to launch its first manned mission to Mars by 2016.

September 17, 2012

New Delhi — Finance Minister P. Chidambaram Monday said the government would not rollback its decision to allow foreign direct investments (FDI) in multi-brand retail and the hike in diesel price.

Indian Finance Minister: P. Chidambaram

Septemebr 17, 2012

Vishnu Vardhan scripted a clinical singles victory and then combined with Divij Sharan to win the heart-stopping doubles rubber as India’s young guns lived up to the expectations by winning the Davis Cup Group 1 relegation play-off tie against New Zealand in Chandigarh on Saturday.

September 17, 2012

Cabinet on Friday decided to operationalise 51% FDI in multi-brand retail but left it to the state governments to allow setting up of such stores.

September 17, 2012

Ohio, Florida, Pennsylvania and Virginia are all trending Prez's way

Republican presidential contender Mitt Romney should look glum if recent polls swinging in favor of Barack Obama are any indication.

September 17, 2012

New Delhi: Despite the government's decision to open the Indian skies, foreign airlines are not too keen to take the plunge and hold stakes in domestic carriers right now. What exactly is holding them back?