The government may have swallowed a bitter pill and raised diesel prices despite resistance from allies and the opposition, but Friday's high inflation figure means the central bank is unlikely to be

Expect a popular backlash if the government raises diesel prices to halt the subsidy drain on its finances - not only from the millions of poor who need cheap fuel but from increasing numbers of the w

China's most politically sensitive trial in three decades opened on Thursday with police dragging two protesters away from a courthouse where the wife of ousted Politburo member Bo Xilai is expected to be swiftly convicted of murder.

The ancient Colosseum of Rome, where gladiators fought for their lives, is slanting about 40 cm (16 inches) lower on the south side than on the north, and authorities are investigating whether it need

State Bank of India will meet investors starting on Monday for an overseas bond issue aimed at raising between $1 billion and $2 billion, two sources with direct knowledge of the deal said on Thursday

Three of Boeing's cutting-edge 787 Dreamliners painted in Air India colours are parked in South Carolina, waiting for the ailing state carrier to pay for them and take possession.

The 787, which prom

A telecoms tribunal on Tuesday gave a split verdict on a petition by mobile phone operators seeking to overturn a government order that bans them from forming pacts to offer 3G services outside their

Developing countries should brace for a long period of financial market volatility and weaker growth as tensions rise over a worsening eurozone debt crisis, the World Bank said on Tuesday.

Warning th

The government on Wednesday vowed to push ahead with major transport and power projects in the current financial year, buoying stocks in infrastructure companies with an attempt to inject some life in

A New York jury on Wednesday heard former Goldman director Rajat Gupta on a FBI wiretap casually discussing business with Raj Rajaratnam, the now-imprisoned hedge fund founder he is accused of tipping