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Banks lag RBI's 2011-12 deposit growth projection

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Deposit growth at Indian banks fell short of the Reserve Bank of India's (RBI) projection for fiscal 2011-12 that ended in March amid an acute liquidity crunch as customers withdrew funds to cope with

Asian shares fall as Europe debt worry stings risk appetite

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Asian shares fell on Thursday after a weak Spanish bond sale heightened concerns about funding difficulties for weaker eurozone countries, further undermining sentiment hurt by fading expectations of

ICC rejects Libya's request over Gaddafi son surrender

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The International Criminal Court (ICC) on Wednesday ordered Libya to immediately hand over for trial Saif al-Islam Gaddafi, the son of the late Libyan leader, but Libya's new authorities said they sti

In Bangalore, a remake to avoid being 'Bangalored'

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Rajesh Rao is among a handful of Indian entrepreneurs who may prevent the country's software industry from getting 'Bangalored'.

The 41-year-old self-confessed geek runs Dhruva, a firm that sells con

Rocket from Egypt's Sinai hits Israeli city: Police

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A rocket fired from Egypt's Sinai desert struck the southern Israeli city of Eilat on Thursday causing no casualties or damage, Israeli police said.

The head of Eilat police, Ron Gertner, told Army R

Urban India seeks rustic charm on rural holidays

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Pradeep Singh is at ease as he lounges on a charpai, smoking a hookah in the courtyard of his ancestral house.

His male cousins sit beside him while the womenfolk demonstrate the art of milking cows

Services PMI slips to 5-month low of 52.3

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Growth in the Indian services sector slipped to a five-month low in March as optimism about the business outlook in the coming year faded to its weakest level since 2009, a survey showed on Wednesday.

Gold extends losses as U.S. stimulus hopes fade

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Gold edged lower on Wednesday, extending a nearly 2 per cent tumble in the previous session, as the minutes of the U.S. Federal Reserve's last policy meeting showed diminishing appetite for further mo

PM calls report on suspicious Army movement “alarmist”

Prime Minister Manmohan Singh on Wednesday said the media report on two key army units being moved suspiciously closer to the capital from their bases outside was 'alarmist' and should not be taken at

Maruti Suzuki up on Morgan Stanley upgrade

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Shares of India's largest carmaker Maruti Suzuki rose as much as 2.1 per cent, after Morgan Stanley upgraded the stock to overweight from equal-weight and raised its target price to Rs 1,599 from Rs 1

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.