112 articles
PIO card holders will get lifelong visas, Prime Minister Narendra Modi announced Saturday to thousands of cheering Indian diaspora at Madison Square Garden here. "Happy?" he asked as the crowd cheered his announcement wi...
Nigeria's Richest Woman Folorunsho Alakija is proud to say that she never went to university. This businesswoman is worth $2.6 billion by FORBES. While addressing the students at University of Lagos she revealed that she...
Facebook friends could change credit score A new trend – lenders would be giving loans not just on your credit score but also on the kind of friends you have on Facebook. Simply put, if you have friends that show irrespo...
Phaneesh Murthy, CEO of iGATE enterprises fired. He is accused of sexually harassing an employee. He, of course is denying the charges. He was asked to resign from Infosys in 2002 for sexual harassment charges against hi...
He's been named the ( a self-made mogul behind the Zara fashion house who has amassed a staggering fortune estimated at $US57 billion ($55 billion). But search for a photograph of Amancio Ortega online or any information...
Titan boss Maurice Taylor tells French they have 'beautiful women' but 'no idea how to run a business' An American tyre tycoon has fired off a second virulent missive to France's industry minister, saying his country has...
As recently as 2006, when I first visited India and China, the economic race was on, with heavy bets being placed on which one would win the developing world sweepstakes. Many Westerners fervently hoped that a democratic...
Economic Policy and Development: India's Evolving Path India's economy has undergone dramatic transformation in recent decades. Understanding this transformation and ongoing debates is essential for informed citizenship....
Last month German retailer Aldi posted ( The UK business made a profit after tax of £57.8 million in 2011, having made a loss of £56 million in the previous year. The privately owned chain opened 29 new stores last year...
The showdown between global steel giant ArcelorMittal and France over its Florange plant hit new heights on Monday as a minister said the company was no longer welcome in the country. A source close to the matter said co...
During a surprise campaign stop at a field office in Chicago, President Obama congratulated Mitt Romney on a hard-fought campaign. The president's congratulatory comment was not meant to be a premature concession. He sai...
Guardian is collecting stories on Steve Jobs through readers comments . Steve Jobs changed the tech world and for the better ... but people generally knew him as a selfish and self-centered person. Some stories will amaz...
Understanding Indian Politics India's politics is complex—federal system, multiple languages, religions, castes, and classes create extraordinary diversity. Understanding Indian politics requires understanding this diver...
Technology and Modern Life Technology has transformed how we communicate, work, and live. Understanding technology's role in society is essential for the modern world. The Speed of Change Technological change accelerates...
A retired couple's nightmare materialized when Wells Fargo Bank mistakenly foreclosed on their home — a property they owned free and clear, with no mortgage — in a case that became emblematic of the chaos and systemic fa...
So many Indians apply to study at London Metropolitan that a few years ago the university opened recruitment offices in Delhi and Chennai. But on Thursday both branches had been shut down. In the Delhi towerblock where t...
With its massive size and ponderous movement, Tropical Storm Isaac was gaining strength Monday as it headed toward the Gulf Coast. The next 24 hours would determine whether it brought the usual punishing rains and winds...
For the first time since he began running for president, Republican Mitt Romney has the support of over 40 percent of America's youth vote, a troubling sign for President Obama who built his 2008 victory with the overwhe...
Understanding Health and Wellness Health is multidimensional—physical, mental, emotional, and social. True health requires attention to all dimensions. The Interconnection of Health Factors Physical health influences men...
Google's announcement of significant workforce reductions—concentrated in its hardware, recruiting, and certain product divisions—reflected the technology industry's broader recalibration following years of aggressive hi...
Many American companies have been lauded for their rapid rise to greatness, a process that sometimes takes less than a decade. These firms become leaders in their industries, are renowned for innovation, phenomenal growt...
Understanding Health and Wellness Health is multidimensional—physical, mental, emotional, and social. True health requires attention to all dimensions. The Interconnection of Health Factors Physical health influences men...
A robust and self-sustaining U.S. recovery is not on the cards, and we should now expect below trend growth for many years to come, according to Nouriel Roubini, the economist famed for his bearish views. Roubini, best-k...
Mitt Romney's tax returns had nothing to do with Sen. John McCain's decision to choose Sarah Palin as his running mate in 2008, according to the Arizona Republican, saying he chose the former Alaska governor because she...
An Indian-American couple has been charged by U.S. federal authorities for running a healthcare fraud scheme in which they claimed over $8 million through false medical bills. Usha Shah and Deepak Shah, both 63, of Michi...
FINS: Facebook to Launch Job Postings Board--Sources Facebook Inc. (FB) is planning to launch its own job board later this summer, said people familiar with the matter. The board will aggregate the job postings of third-...
Understanding Indian Politics India's politics is complex—federal system, multiple languages, religions, castes, and classes create extraordinary diversity. Understanding Indian politics requires understanding this diver...
Understanding Indian Politics India's politics is complex—federal system, multiple languages, religions, castes, and classes create extraordinary diversity. Understanding Indian politics requires understanding this diver...
Apple has paid $60 million to settle a dispute in China over ownership of the iPad name, a court announced Monday, removing a potential obstacle to sales of the popular tablet computer in the key Chinese market. Apple's...
No Country on earth is in the same league as the U.S. when it comes to the quantity of immigrants who have come here and the quality of their contributions. But lately, in our generally sour mood, Americans have been que...
In several Afghan provinces the fight to curb the growing of opium poppies seems to be a losing battle. In 2011 a United Nations Office on Drugs and Crime survey said opium poppy cultivation rose by 7% overall from the p...
The case of Krystle Marie Reyes of Oregon, who in 2012 filed a fraudulent tax return claiming a refund of approximately $2.1 million and received a prepaid debit card for that amount from the IRS, became one of the more...
In this June 4, 2012 file photo, President Barack Obama speaks in New York. President Barack Obama and Democrats awoke Wednesday to the cruel reality of June, the political blows from the bitter loss in Wisconsin's guber...
The attackers behind the complex Flame cyberespionage toolkit, believed to be a state-sponsored operation, used an extensive list of fake identities to register at least 86 domains, which they used as part of their comma...
The conversation about inequality in America has increasingly centered on a distinction that was, until relatively recently, obscured by the broader category of "the rich": the difference between the merely affluent — do...
A civil lawsuit filed in 2012 against a prominent Indian-American executive — identified in various reports as a senior figure in the financial services industry — alleged a pattern of unwanted sexual advances, harassmen...
The India-Myanmar-Thailand Trilateral Highway, a 1,360-kilometer road project connecting Moreh in Manipur to Mae Sot in Thailand via Myanmar, has been under construction and repeated revision since its formal agreement i...
Wildfires burning across six Western states in the summer of 2012 destroyed hundreds of homes, forced mass evacuations from small communities, and killed at least eight people in what fire officials described as one of t...
Egypt to pick Islamist or military man as president CAIRO- Egyptians must choose between a Muslim Brotherhood candidate or an ex-military man in a presidential run-off that highlights the stark rifts in a nation united i...
Indra Nooyi, the PepsiCo CEO whose career trajectory from Chennai to one of the most powerful positions in global business became a touchstone story in discussions of Indian-American achievement, has spoken in various in...
The speculation about whether Hillary Clinton might be tapped as Barack Obama's running mate for the 2012 election — replacing Joe Biden on the ticket — circulated periodically through 2011 and into 2012, driven partly b...
Gina Rinehart, the Australian mining magnate who by 2012 had become the world's richest woman with a fortune estimated at over twenty billion dollars, represented an unusual figure in the global conversation about wealth...
A French prosecutor on Monday opened a preliminary investigation into allegations of rape in a Washington hotel by former IMF chief and one-time French presidential hopeful Dominique Strauss-Kahn. The move by the prosecu...
In a city where women's public presence had been systematically erased under Taliban rule and where the years since 2001 had brought uneven and fragile progress, Shakila Naderi ran a driving school in Kabul — and her stu...
The idea of taxing unhealthy foods as a public health measure — what economists and health advocates have called a "fat tax" — has moved from academic speculation into serious policy debate, with several countries experi...
The argument has a certain seductive logic: raise taxes on the wealthy, and they'll simply leave — taking their capital, their businesses, and their economic activity with them, leaving behind a smaller tax base and, ult...
Understanding Indian Politics India's politics is complex—federal system, multiple languages, religions, castes, and classes create extraordinary diversity. Understanding Indian politics requires understanding this diver...
When blind Chinese activist Chen Guangcheng sought refuge at the U.S. Embassy in Beijing in April 2012 after escaping from house arrest, he created one of the most delicate diplomatic crises of Hillary Clinton's tenure a...
A quiet but growing trend emerged in the early 2010s: more Americans than at any previous point were formally renouncing their United States citizenship, and taxes were a central reason why. The numbers, while still smal...
Ann Romney's emergence as one of Mitt Romney's most effective campaign surrogates in 2012 reflected a recognition within the Republican campaign that she possessed qualities her husband demonstrably lacked—natural warmth...
Former International Monetary Fund chief Dominique Strauss-Kahn was charged in France on Monday with "aggravated pimping" for his alleged participation in a prostitution ring, prosecutors said. He is not allowed to have...
Moves toward international recognition of Indian engineering degrees — the BTech qualification awarded by Indian universities and institutions — represented a significant development for Indian graduates seeking employme...
It happened at a campaign event in Virginia: a young woman in the crowd began to sway, then slumped, and was caught by those standing nearby. Barack Obama paused his speech, asked the audience to give her room, and — onc...
A would-be suicide bomber was arrested before he could carry out an attack targeting U.S. Defense Secretary Leon Panetta during a visit to Afghanistan, in an incident that underscored the persistent security challenges f...
Once, when winters were cold and the world seemed large, creatures roamed the earth who were permissive on social issues and at ease with big government, yet remained ever faithful to the gods of business and finance. Th...
India's Supreme Court rejection of Novartis's patent application for Gleevec—a leukemia drug that costs tens of thousands of dollars annually in Western markets—represented the most significant assertion of a developing...
A Michigan man filed a lawsuit against AMC Theaters challenging the legality of the chain's policy prohibiting moviegoers from bringing outside food and beverages into the theater — a policy that, in his view, amounted t...
Vladimir Putin's emotional public display following his victory in Russia's March 2012 presidential election—tears reportedly visible as he addressed supporters in Moscow's Manezhnaya Square—became one of the most analyz...
The hydrogen bomb — the thermonuclear weapon that dwarfs the atomic bombs dropped on Hiroshima and Nagasaki the way those bombs dwarfed conventional explosives — represents the apex of human destructive capability. Under...
EXCERPTS FROM MS FISHER'S LETTER 'Ms. Fisher was scared. She was a nervous wreck but attempted to appear relaxed. She sat down on one of two love seats in the sitting room. She was worried when you came over and sat dire...
The claim that deficits don't matter is associated most famously with Dick Cheney's remark to then-Treasury Secretary Paul O'Neill that "Reagan proved deficits don't matter" — a statement that outraged fiscal conservativ...
The European Commission fined eight consumer goods companies a combined €315.2 million in 2011 for operating a price-fixing cartel in the laundry detergent market, exposing years of clandestine coordination between compa...
The remarkable success of Indian-origin executives at the helms of global companies — from Microsoft to Google to IBM to Pepsi — has generated considerable analysis about what, if anything, distinguishes their leadership...
The case against Barack Obama's re-election in 2012 rested on economics—specifically, the stubbornly slow pace of recovery from the 2008 financial crisis and the perception among significant portions of the electorate th...
On July 24, 1959, in the depths of the Cold War, Vice President Richard Nixon and Soviet premier Nikita Khrushchev stood face-to-face, close enough to smell each other's breath. Dozens of journalists and dignitaries crow...
In the autumn of 2011, the European sovereign debt crisis reached a pitch of intensity that had serious economists and policymakers openly contemplating what had previously been unthinkable: the possible dissolution of t...
Technology and Modern Life Technology has transformed how we communicate, work, and live. Understanding technology's role in society is essential for the modern world. The Speed of Change Technological change accelerates...
In a big-ticket policy decision, the cabinet on Thursday opened the high-growth retail sector to foreign chains. That means people can soon shop at international department stores such as Walmart, Carrefour and Tesco in...
By the time Occupy Wall Street's encampment at Zuccotti Park was cleared by New York City police in November 2011, the media narrative about the movement had calcified into a set of impressions that were, at best, incomp...
LONDON - Protesters inspired by the growing 'Occupy Wall Street' movement in the U.S have today taken over the City of London. Thousands have descended on the area known as the Square Mile - under the banner 'Occupy the...
When the Commonwealth heads of government meet in Australia later this month, one prominent leader is almost certain to be conspicuously absent: India's Prime Minister Manmohan Singh. India is a strong backer of the asso...
Across four of the world's most consequential societies — China, India, the United States, and Europe — the first years of the second decade of the 21st century brought wave after wave of social unrest. The forms varied:...
The protests against corporate America, which began in New York City two weeks ago, have spread across the country, with demonstrations occurring in Los Angeles, Boston, Chicago, Denver and Seattle. Sparked by the Occupy...
Friend lose a job? Hallmark wants to help With unemployment numbers staying high, there's a new way to reach out to someone who may have lost their job. In the business of selling sentiments, there's a card for everythin...
On the evening of April 6 this year, John Halford packed his suitcase and left it outside the door of his cabin on the cruise liner Thomson Spirit. It was the last day of a week-long Egyptian cruise and the ship was due...
Lady Gaga attended a fundraiser with the president on Sunday night, according to a White House pool report, and she raised the issue of suicide and bullying of gay teens. The report describes her as wearing enormous heel...
Apple doesn't often fail, and when it does, it isn't a pretty sight at 1 Infinite Loop. In the summer of 2008, when Apple launched the first version of its iPhone that worked on third-generation mobile networks, it also...
The initial public offering process is often portrayed as a celebration — the moment a private company graduates to the public markets, raises capital, and lets early investors finally cash out. But for many companies, t...
For generations, Procter & Gamble Co.'s growth strategy was focused on developing household staples for the vast American middle class. Now, P&G executives say many of its former middle-market shoppers are trading down t...
Economic projections published in the early 2010s generated significant debate when they suggested that China's economy could reach twice the size of the United States' by 2030 — a forecast that seemed extraordinary at t...
Once a Leader, Yahoo Now Struggles to Find Its Way ( has been one of the most-visited sites on the Internet since its glory days as a Web portal. Yet as the rest of the Internet moved on to social networks and mobile dev...
US falls to 5th in global competitiveness, survey shows The U.S. has tumbled further down a global ranking of the world's most competitive economies, landing at fifth place because of its huge deficits and declining publ...
India's most consequential export may not be software, pharmaceuticals, or textiles. It may be CEOs. The Banga brothers are the most visible current example of a phenomenon that has been quietly reshaping global corporat...
One Sunday morning, January 6th, 2008 I was attending religious services when my cell phone vibrated. As discreetly as possible, I checked the phone and noticed that my phone said "Caller ID unknown". I choose to ignore....
Father slit throats of three daughters in 'honour killing' after they were raped by Gaddafi's troops Human rights group uncovers widespread war crimes by loyalist forces Investigators told children perched on top of tank...
Colorado, Virginia, California: three earthquakes across the United States in three days. Aside from the apocalyptic questions some are raising, was this more than an earth-trembling coincidence? Or was there some scient...
Groupon Stumbles in China, Closes Some Offices SHANGHAI - A wave of layoffs at Gaopeng.com, the Chinese arm of US-based Groupon Inc, signals a dramatic turnaround for a company that just months ago aimed to dominate Chin...
Housing prices - done dirt cheap: The three-bedroom homes that can be yours for as little as $5,000 For a prospective homebuyer, $5,000 may not buy much, but in one U.S. city, a dream home can be yours for just that amou...
A teenager in Huaishan, Anhui Province has sold one of his kidneys to buy an iPad2 tablet computer, as reported by SZTV on June 1. The 17-year-old man surnamed Zheng, a freshman in high school, got connected with a kidne...
Racing to curb the spread of a killer food bug, Germany set up a national task force on Friday to hunt down the source of a highly toxic strain of E.coli that killed 17 people and sounded alarms around the world. Russian...
Youngsters leave cushy jobs to take up farming Thirty-five-year-old Gaurav Sahai prefers the rhythmic, rugged beat of his recently purchased power tiller to the soft purr of the Honda Accord he was driving in the US only...
The number of people hit by a massive European outbreak of foodborne bacterial infections is a third bigger than previously known and a stunningly high number of patients suffer from a potentially deadly complication tha...
The foreclosure pipeline that built up during the 2008-2012 housing crisis continued working through the American housing market long after the acute phase of the financial crisis had passed, with millions of properties...
For three decades, China's formula seemed unbeatable: invest heavily in infrastructure, manufacturing, and export capacity, and let growth take care of the rest. It worked spectacularly. China lifted hundreds of millions...
Amazon.com's (AMZN) squat Seattle headquarters looks nothing like the country club affairs found in Silicon Valley. There are no free soft drinks or volleyball courts. The light fixtures hanging from the ceiling in the r...
JCPenney's search engine ranking collapsed in February 2011 after a New York Times investigation revealed that the retailer had been benefiting from a massive link-buying scheme—a violation of Google's webmaster guidelin...
Technology and Modern Life Technology has transformed how we communicate, work, and live. Understanding technology's role in society is essential for the modern world. The Speed of Change Technological change accelerates...
It is almost two years since the German Government had passed on the names and bank account details of eighteen Indians who had stashed their alleged ill-gotten wealth in the LGT bank of Liechtenstein, a well-known tax h...
Here is a very interesting interview of Steve Jobs after he was just kicked out of Apple in 1985. He doesn't beat around the bush on getting fired and his disappointment. However what's even more remarkable is how he has...
Understanding Indian Politics India's politics is complex—federal system, multiple languages, religions, castes, and classes create extraordinary diversity. Understanding Indian politics requires understanding this diver...
Good folks at Linkedin did some analysis and have given us a list of words to avoid. Interestingly the Indian habit of calling people Dynamic has crossed over to internet as well. Americans on the other hand have the emp...
Goldman Sachs entered 2010 as one of the most admired and most reviled institutions in American finance simultaneously — a distinction that required a particular kind of excellence to maintain. The firm had navigated the...
Credit default swaps (CDS) measuring risk on German, French and Dutch bonds have surged over recent days, rising significantly above the levels of non-EMU states in Scandinavia. "Germany cannot keep paying for bail-outs...
Mighty US Dollar is about to go the same way of once mighty British Pound. China daily reports that China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Pr...
Having settled Ireland, next big scare is what if this was not enough As Wall Street Journal reports - Contagion once again emerged in Europe as investors turned from Ireland's debt crisis and set their sights on Portuga...
Ireland's request for an €85 billion international bailout in November 2010 followed a trajectory that analysts of the eurozone debt crisis had seen before: a country whose government had made commitments that its econom...
Pakistan's relationship with the United States has long defied easy categorization—too important to abandon, too frustrating to fully trust, swinging between tactical alliance and barely concealed mutual suspicion depend...
When the Chinese conglomerate made its offer for the mid-sized British engineering firm, the British employees gathered in the canteen to hear a reassuring presentation from the new owners' representatives and came away...
The sovereign debt crisis that rolled through the eurozone between 2010 and 2012 followed a pattern that economists found easier to identify in retrospect than to arrest in real time. Each country's crisis was presented...
Facial recognition technology was advancing faster than the legal and regulatory frameworks designed to govern it—and in 2012, a wave of startups and established tech companies were competing to build the most accurate c...
