Pakistan's flamboyant all-rounder Shahid Afridi celebrated his 50th appearance in Twenty20 internationals with a half century to lead his side to a 23-run victory over Sri Lanka on Sunday.

Afridi sco

There is little respite seen for equity mutual funds in the near term, with government inaction to tackle a sharp slowdown in domestic growth and a shaky global economy driving investors away from ris

Corporate India expects the rupee to weaken more, with a majority of 440 respondents in an ING Vysya survey of 220 organisations predicting the rupee could fall to as low as 58 to the dollar in the ne

Spain has picked the 'Big Four' accounting firms KPMG, PwC, Deloitte and Ernst & Young to carry a full, individual audit of its ailing banks, a source with knowledge of the decision told Reuters on Sa

U.S. private equity firm Warburg Pincus LLC is set to buy a majority holding in Indian financial services firm Future Capital Holdings for $100-$125 million, two sources with direct knowledge of the m

It had been another brutal day for the rupee on the foreign exchanges as India's economic crisis escalated and, travelling home from a visit to Myanmar last week, Prime Minister Manmohan Singh summone

The United States will keep six aircraft carriers in the Asia-Pacific and move a majority of its other warships to the region in the coming years, Defence Secretary Leon Panetta said on Saturday as he

The bond markets are treating Morgan Stanley like a junk-rated company, and the investment bank's higher borrowing costs could already be putting it at a disadvantage even before an expected ratings

Templeton Asset Management Ltd is trying to block a planned merger between Sesa Goa and Sterlite Industries, both of which are controlled by miner Vedanta Resources, the Economic Times newspaper repor

Pope Benedict is fighting the worst crisis of his papacy, but his problems are only the latest in a long history of controversies and intrigue in the headquarters of the Roman Catholic Church.

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