Steel firms are free to raise prices but they fear the government, battling to control high inflation, could armtwist them with threats of fiscal steps like taxing exports to increase domestic supply. "I have instructed the steel secretary to see

The pension bill proposes letting foreign funds hold a maximum 26 percent in joint ventures with Indian firms. The banking bill aims to raise foreign investors' voting rights to the level of their shareholding in private Indian banks. "The pension

Bangalore, home to top outsourcers Infosys Technologies and Wipro, was hit by seven low-intensity bombs, killing one and wounding at least 15. "The Bangalore blasts created nervousness on the minds of the investors," Deven Choksey, chief executive at brokerage KR

He was awarded a nine per cent share of the £7 million income the Palmers Wood Oilfield has yielded since 2000 and the same proportion of all future income. The wells initially produced 9,000 barrels of oil a month, but

The petrochemicals and refinery giant met forecasts with a 13 percent rise in quarterly profit, reported after the market close on Thursday, but analysts were disappointed after four quarters of 20 percent-plus earnings growth. JPMorgan said Reliance's net profit was

At 10:39 a.m., the partially convertible rupee was at 42.2850/2950 per dollar, weaker than 42.13/14 at close on Thursday. "The Asian stocks are down so even local shares are seen negative through the day, so there is some dollar buying

Precious metals have been hit by heavy selling this week on declines in oil prices and a steadier dollar. Platinum was the hardest hit as fears of falling global car sales, blamed on a slowing U.S. economy, could cut demand

Concerns that high prices and a weaker U.S. economy will undermine demand have driven oil down more than $20 from a record peak above $147 a barrel set earlier this month, but technical trading and a short-covering bounce helped buoy

In the Holy Land, in the poor and afflicted city of Bethlehem, the birthplace of Jesus that is now split in two by a wall of separation, lies a Catholic academic institution for the formation of youth that continues to

The "aftershock" of World Youth Day is still being felt in Korea, where 1,000 Catholic youth have returned from Sydney. "It is an event that will give fresh strength to youth ministry in Korea," said Seoul Auxiliary Bishop Basil Cho

Turkish police department and gendarmerie had negligence, fault and lack of coordination in the assassination of Hrant Dink.

ArmenTel Staff Training Center is the first company in VympelCom’s infrastructure that was conferred the status of a university.

Arrests of Ergenekon members are preemptive. It’s AKP responsible for them, the Armenian expert said.

Jalil Roshandel: nothing will help to resolve the problems as long as both nations are filled with emotions about the past.

Any agreement would be put to separate, simultaneous referendums in Greek and Turkish communities.

Turkey is willing to normalize its relations with the neighboring Armenia, Foreign Minister Babacan said.

The Sunday Times: Houston-based Worldwide Strategic Partners Inc. arranged for the president of Azerbaijan to visit the United States and meet with President Bush.

The second stage will take place in Moscow on July 30-31.

John McCain stated that presumptive Democratic nominee Barack Obama is not serious about preventing future genocides.

The situation in the region is changing. West is advancing toward the Caucasus," Vafa Guluzade said.