Inthenews

Govt goes big time after benami, steep climb ahead

The government may have taken a high moral ground, but it remains to be seen whether the new Benami Transactions (Prohibition) Bill 2011 will be effective enough or go the same way as the existing Act.<br /><br /> <br /><br />

India breaks new ground, grain output storms a peak

The prime minister attributed the record foodgrain production to the hard work of farmers and scientists. But he is pretty clear that the country needs a second Green Revolution to push agri growth and achieve self-sufficiency in food.<br /><br /> <br /><br />

What slowdown? China thinks it'll have the last laugh

There is something about the the world's second-largest economy that makes it click, no matter what. The growth figures which are just out are a glowing example of that. Any talk about hard landing? You can forget it for the immediate future.<br /><br /> <br /><br />

$5.65 bn and counting: It's an FDI party out there

Two mega deals explain a big chunk of this investment -- the $5.5-bn Essar-Vodafone agreement and the high-octane $7.2-billion investment by BP into Reliance's oil and gas assets.

Debt default worries grow, market's patience wearing thin

The White House and Republicans are sitting tight over the latter's demands for a short-term debt-limit increase. This essentially would force President Barack Obama to request further borrowing authority in early 2012.

Google is searching for clues to fix margin error

Costs which are spiralling may give the Internet company a hard time. What might come to its rescue is the new social networking service, dubbed Google+.<br /><br /> <br /><br />

Gold soars to record high on weak dollar, Eurozone crisis

Bullion powered to a lifetime high for a fifth consecutive session on Thursday on a sharply weaker dollar, while lingering tensions in the Arab world, worries about the euro zone crisis and U.S. fiscal health offered additional support

Lanka Prez Rajapaksa congratulates Nawaz Sharif on poll win

Sri Lankan President Mahinda Rajapaksa has congratulated Pakistan's PML-N party chief Nawaz Sharif on his election victory.

So where is the Mumbai Ministry of Alcohol based?

Celebrities recently caught in what the police alleged was a 'rave' party are now being charged with an archaic law with not having a permit to consume liquor. But how many really know about this?

RIM delays Playbook software update to Feb

The tablet will ship without the Blackberry messenger (BBM)software, the company said in a blog post on its website.