President Barack Obama on Thursday said the stabilisation in the America's financial system is a success story of the last six months; but rued that there has not been a change in the behaviour of the US companies that has

India is close to signing a free trade pact with the South-East Asian nations to boost exports in the face of a global economic downturn and rising protectionism, a top official said on Wednesday.

With a 13 per cent rise in quarterly profit, India's third-largest software services exporter, Wipro limited, said on Wednesday that it was adapting successfully to the global meltdown.

A 75-seater luxury yacht will take the visitors on a cruise through the Ganga, as they dine in the fine surroundings of the restaurant.

Surplus liquidity in the banking system and low demand for credit might prompt the Reserve Bank of India to maintain a status-quo in its key rates, bankers have said.

While the software industry continues to reel under a recession, Tata Consultancy Services, has seen the exit of 5,000 employees.

All Indian cities are already struggling with traffic flow problem due to various types of vehicles on the road, lack of need-based road and traffic design and engineering and the unchecked growth of private vehicles and with the entry of

The government on Thursday said it has no proposal to dilute its stake in the State Bank of India through either direct disinvestment or issuing of fresh capital in the market.

NTPC Ltd on Thursday said it was taking legal opinion on the impact of a court battle between Ambani brothers group firms over gas supply and a related government petition on its ongoing case with Mukesh Ambani-led RIL.

A special audit of Anil Ambani group firm Reliance Communications will be delayed, as the auditor Parakh & Co. has sought an extension for three months from mid-July.

With work poised to begin on providing unique identification cards to all Indians, the ambitious project has already caught the attention in the US, with lawmakers asking the government why it could not implement a similar project here.

After charge-sheeting Ramalinga Raju and others in the multi-crore rupee accounting fraud at Satyam, the Central Bureau of Investigation is trying to ascertain the role of 'hawala' operators who allegedly brought in crores of rupees from abroad.

India's exports are likely to remain at the last year's level of $168 billion owing to the global slowdown.

Air India has deferred payment of productivity-linked incentives to its employees for July till August 20 as part of cost-cutting measures, even though most of the staff would be getting their salaries on time.

The Centre has cleared a proposal of deploying 100 Central Industrial Security Force personnel each for Reliance refinery in Jamnagar and for Infosys premises in Bangalore.

A three-year-old boy and his 30-year-old father were gunned down by militants in the Pehlipora Dinaro village in south Kashmir's Shopian district on Wednesday night.

Notwithstanding the resolution of G-8 countries on curbing transfer of enrichment and reprocessing technology, India on Thursday asserted that it was proceeding with bilateral civil nuclear deals with various countries on the basis of 'clean waiver' granted by the Nuclear

Congress general secretary Rahul Gandhi on Thursday met Union home minister P Chidambaram and discussed the prevailing law and order situation in Uttar Pradesh.

Prime Minister Dr Manmohan Singh continues to be in the hot soup. The crisis regarding the Indo-Pakistan joint statement simply refuses to blow over with the party now giving charge to Union Finance Minister Pranab Mukherjee and Defence Minister A

Special Operation cell of Punjab police on Thursday arrested two alleged accused who were working for the Pakistan-based intelligence agency Inter-Services Intelligence.