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Monsoon stays weak as govt mulls drought steps

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India's monsoon rains are unlikely to pick up enough to avert the possibility that ministers meeting next week may officially declare a drought, which could prompt the government to offer more support

India considers price controls for patented drugs

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India is planning to rein in prices of expensive patented drugs to make medicines affordable to its predominantly poor population, a top government official said on Friday.

Reliance may invest nearly $1 bln in aerospace business: Report

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Reliance Industries, India's third-most valuable company, is expected to invest close to $1 billion over the next few years in its aerospace division, the Economic Times reported on Saturday, citing u

Colorado shooting suspect was under psychiatrist's care

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A former University of Colorado graduate student accused of killing 12 people and wounding 58 others in a shooting rampage at a Denver-area movie theater earlier had been under the care of a psychiatr

Toronto Film Festival promises action, India

The Toronto International Film Festival promises a heavy dose of popcorn movies on a slate normally noted for Oscar contenders, opening with time-travel thriller Looper and featuring premieres of film

Airbus delays A350 after glitch, EADS lifts forecasts

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European planemaker Airbus delayed the introduction of its newest passenger jet, the carbon-composite A350, as parent EADS unveiled better-than-expected second-quarter earnings lifted by resilient dem

Sun TV falls on report Marans to face graft charges

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Sun TV shares slumped on Friday after the Times of India newspaper reported CBI investigators are poised to file charges against the company's executive chairman Kalanithi Maran, and his brother, formSun TV shares slumped on Friday after the Times of India newspaper reported CBI investigators are poised to file charges against the company's executive chairman Kalanithi Maran, and his brother, former telecoms minister Dayanidhi Maran, over allegations of kickbacks.

India committed to key retail sector reform: Sharma

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The government is committed to opening its retail sector to foreign investment and will not reverse its stance, Trade Minister Anand Sharma said on Thursday, declining to say when the long-delayed ref

India's shopping malls lose bustle as economy cools

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The biggest shopping mall in Mumbai, one of the world's most crowded cities, can feel like a pretty lonely place.

Eight months ago, multi-storied Phoenix Market City opened for business in the easter

Ford recalls 484,600 Escape SUVs for throttle problem

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Ford Motor Co is recalling 484,600 older model Ford Escape SUVs, most of them in the United States, because their throttles can be stuck open, U.S. safety regulators said.

Ford Escapes from the 2001-

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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.