Reserve Bank of India (RBI) Governor D. Subbarao Friday said the bank will measure the extent of Dubai's debt problem as well as its impact on Indian economy."We should not react to instant news like this," Subbarao told reporters on th ..

Global tax and audit firm KPMG's Indian arm has been named the country's "Indirect Tax Firm of the Year" at an international tax forum.KPMG is bagging the award for the second time in a row."These awards are recognition of our  ..

In a major health setback, four people have died of swine flu in the national capital while 106 fresh cases were reported - the highest in the country Friday, a health official said. The deaths take the national toll to 566. Of the four deaths, two e ..

The national capital has recorded seven new dengue cases, taking the total number of people affected by the mosquito-borne disease to 1,061, a health department official said Friday. "There were seven new confirmed cases in the last 24 hours. Th ..

The national capital Wednesday reported 19 new dengue cases, taking the total number of those affected by the mosquito-born disease to 1,041, health officials said."We have received 19 new dengue cases in the past 24 hours and the cumulative tot ..

Inefficiencies in the banking system were not allowing customers to fully enjoy benefits of rate cuts, said the chief of India's central bank here Wednesday."Although overall efficiency and productivity have improved, resources are not being ..

Banks are continuing to hide huge losses from investors, imperiling the economic recovery, the head of the International Monetary Fund (IMF), Dominique Strauss-Kahn, was quoted Wednesday as saying. "Large losses remain concealed - 50 percent (of ..

India has approached the World Bank for $3 billion to fund widening of 7,000-km single-lane national highways into double lanes, Road Transport and Highways Minister Kamal Nath said Wednesday. "We have applied to the World Bank for $3 billion ($ ..

President Pratibha Patil, who was awarded a degree of doctor of letters (D.Lit) at the 22nd annual convocation ceremony of Goa University Tuesday, exhorted students to desist from ragging, calling it a "crime against humanity". "Raggin ..

The US Federal Reserve Tuesday raised its growth forecasts for the US economy, but warned that unemployment in the US will remain for some time at its highest levels in a generation. The US central bank projected the world's largest economy will  ..

Tokyo stocks inched up Wednesday after a day of choppy trading as investors snapped up bargains following the previous day's losses. The benchmark Nikkei 225 Stock Average gained 40.06 points, or 0.43 percent, to close at 9,441.64, after slumping ..

US stocks fell slightly on Tuesday as government figures showed that last quarter's economic rebound was smaller than initially thought. The Commerce Department in an updated estimate said the economy grew at an annual rate of 2.8 percent in the  ..

Hundreds of people flocked to hospitals for tests with swine flu like symptoms while public schools were shut down for three days in a third district in western Nepal after fears of an epidemic loomed large in the region following detection of the vi ..

To improve educational facilities in Bihar, which has the lowest literacy level in India, and launch market driven vocational courses for its youth, the Indira Gandhi National Open University (IGNOU) is setting up 400 training centres in the state to ..

Colleges across Himachal Pradesh were closed Monday following a one-day strike call by the ruling Bharatiya Janata Party's (BJP) youth wing Akhil Bharatiya Vidyarthi Parishad (ABVP).ABVP's national secretary Umesh Dutt said the education shut ..

Punjab University will publish photographs of students on detailed mark sheets and degrees to avoid discrepancies and tampering of results, an official said here Monday."This initiative would streamline our system and would bring more transparen ..

The Indira Gandhi National Open University (IGNOU) Friday clarified that an MoU signed with the Bihar government on training teachers and government officers was approved by the varsity's board of management and the state cabinet. A day earlier a ..

Finance Minister Pranab Mukherjee Tuesday said fiscal stimuli packages announced since December last year will continue even though the central bank had indicated a phased exit in its monetary policy update last month. "For the present, I mainta ..

In yet another sign of global economic recovery, across the G-20 nations including India, the average overall deficit is projected to fall from 7.9 percent of GDP in 2009 to 6.9 percent of GDP next year, according to the IMF. Both these figures are s ..

Legendary US investor Warren Buffett has spent a record $44 billion buying an American rail freight company, in the largest transaction in the history of his Berkshire Hathaway holding company.The purchase of the Burlington Northern Santa Fe Corp was ..