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June 15, 2012

MUMBAI (Reuters) - India's best known stock investor, billionaire Rakesh Jhunjhunwala, doesn't much like the moniker of 'India's Warren Buffett'.

Legendary Rakesh Jhunjhunwala Demystified

June 15, 2012

Bhutan and Nepal have been named the first and second most peaceful South Asian nations, respectively. The Asia Pacific region is the fourth most peaceful region in the world.

Bhutan and Nepal have taken the first and second spots as the most peaceful countries in South Asia, according to the latest Global Peace Index (GPI).

June 15, 2012

US Company Westinghouse Electric has signed a deal on nuclear power in India, allowing the two countries to enter a “new and more mature phase”. Two-way trade may reach $100 billion for the first time this year.

US Secretary of State Hillary Clinton with Indian Foreign Minister SM Krishna

June 15, 2012

As expected, YS Jaganmohan Reddy’s YSR Congress Party on Friday swept the crucial Andhra Pradesh by-polls by winning 15 out of 18 Assembly constituencies and the Nellore Lok Sabha seat, polling for which were held recently.

June 15, 2012

New Delhi: Former president APJ Abdul Kalam, who is being supported by the Trinamool Congress and the Samajwadi Party for a second stint at the Rashtrapati Bhavan, on Friday praised those backing him but said he will take a final call on it later.

June 14, 2012

India-born legendary Ghazal singer Mehdi Hassan died today at a private clinic in Sindh's provincial capital Karachi, Pakistan. He was 84.

Hassan, who had millions of fans in India and Pakistan, had been admitted to the Agha Khan Hospital in the southern port city of Karachi some days ago. He had been in a serious condition and was on ventilator.

June 14, 2012

Controversial godman Swami Nithyananda will be produced before the Ramanagaram district court for bail hearing on Thursday a day after he was remanded to one day judicial custody following charges of assault.

The disgraced godman surrendered before the Ramanagaram district court yesterday after remaining untraceable for nearly 48 hours.

June 14, 2012

Telugu movie heartthrob Ram Charan will be entering matrimony today with his childhood sweet heart Upasana Kaminneni. Proud father and superstar Chiranjeevi is all geared up make his son’s wedding the grandest affair of the season.

June 14, 2012

India's inflation moved up to to 7.55 percent, fastest pace this year in May, driven by higher food and fuel prices, impeding chances of a rate cut by the RBI at its review next week. Inflation, as measured by the Wholesale Price Index (WPI), was 7.23 percent in April.

Today's inflation number is the last economic data before the Reserve Bank of India's rate review on June 18.

June 14, 2012

With the countdown for the Presidential Elections beginning, veteran Bharatiya Janata Party leader LK Advani is expected to meet Tamil Nadu Chief Minister Jayalalithha on Thursday to seek her support for APJ Abdul Kalam’s candidature for the highest post.