Govt drops 60% import tax on sugar
India has dropped a 60% import tax on sugar, a government statement said, reversing the rule that was slapped from January 1.
Ford sees pickups as harbinger for 2011 sales
A top Ford Motor Co executive said on Monday that the strength of pickup truck sales in the first quarter will be a key early signal for the overall 2011 US auto market.
Rising food prices fuelling inflation: JP Morgan
Rising food prices are stoking global inflation with many agricultural commodity markets on the rise, driven by adverse weather in key producing countries, a senior trader at JP Morgan said on Monday.
Is Pakistan's government secure after concessions?
After luring a key estranged ally back in the ruling coalition, Pakistan's prime minister accepted demands on Sunday from the country's main opposition party, defusing a political crisis that brought his government almost to the brink.
Littlewood trio plead guilty to UK insider dealing
A former Dresdner banker, his Asian wife and a Singaporean man have pleaded guilty to eight counts of insider dealing in Britain, allowing the UK regulator to claim its latest victory in a crackdown on market abuse.
Poor countries need better market access: Report
Increased trade is one of the best ways to fight poverty, so rich countries should do more to open their markets to goods from developing countries, a report issued on Monday said.
How to get your idea approved: Management tip of the day
Don't assume that others will share your enthusiasm for a great new idea, but instead plan on ways to give your proposal a fighting chance of getting backing, says Harvard Business Review.
US court won't review music download antitrust case
The US Supreme Court on Monday declined to review a ruling that reinstated an antitrust lawsuit alleging major record labels conspired to fix prices and terms under which music would be sold over the Internet.
India's exports to surpass $500bn by 2015: FIEO
Indian exports are back on track and exporters are confident that they will be able to sustain the recent momentum in exports. Ramu S Deora, president of Federation of Indian Export Organisations claims that by 2015, exports from the country could be well above USD 500 billion.
Fiat ups stake in Chrysler to 25%
Italy's Fiat has lifted its stake in Chrysler to 25% after winning approval to build a new engine in Dundee, Michigan, one of three conditions agreed with the US government when it invested in the troubled US carmaker.
License cancellation for roll-out shortfall harsh: COAI
With the Supreme Court issuing notices to 11 telcos for failing to meet spectrum roll-out deadlines, the cellular operator's association (COAI) has now stepped in.
UK, Chinese firms sign 2.6 bn pounds of deals
British and Chinese companies signed business deals worth around 2.6 bn pounds (USD 4 bn) on Monday, including an agreement to increase sales of Jaguar Land Rover vehicles to China, Britain said.
India's Dec power output rises 4.34% YoY: Govt
India needs to significantly raise its power generation capacity to reduce peak hour power shortages and provide electricity to millions of rural households.
Bond girl, new Spider-Man among BAFTA nominees
Bond girl Gemma Arterton and the next Spider-Man Andrew Garfield are among the five nominees for the BAFTA rising star award, organisers said on Monday.
Playboy owner Hefner agrees to be taken private
Playboy Enterprises Inc has agreed to be taken private by founder Hugh Hefner, after he raised his bid by 12%, ending months of negotiations.
Credit Suisse restricts pay as restraint calls grow
Credit Suisse is to subject more of its bankers to deferred compensation programmes and cut cash payouts, as calls for banks to show pay restraint grew among politicians.
Duke Energy to buy Progress Energy for $13.7 bln
Duke Energy said on Monday it agreed to buy Progress Energy Inc for USD 13.7 bn in stock, creating the largest US power company.
Age-appropriate exercises gain ground in 2011
Health clubs, aware that the fitness needs of boomers, people in their 30s and 40s and youths differ, will be offering more age-appropriate workouts in the new year.
Keep up your professional image at dinner
Your grasp of basic manners and etiquette is a projection of your experience, your status and, of course, your professionalism.
Hindu 'terror' vs corruption splits politics
A growing scandal over Hindu militants linked to bombings in India has highlighted how the ruling Congress party and the main opposition are increasingly exchanging bitter barbs ahead of key state elections this year.
BlackBerry maker filter porn to meet Indonesia rules
Research In Motion said on Monday it will filter pornographic internet content for its BlackBerry smartphone users in Indonesia, following government pressure to stop access to porn sites or face its browsing service being shut down.
Mozambique denies India 5 more coal concessions
Mozambique on Monday turned down a request by the Indian government for five coal concessions, saying the Asian giant should first develop its two existing blocks in the southern African nation.
Pope calls on Pakistan to repeal blasphemy law
Pope Benedict called on Monday for Pakistan to repeal its anti-blasphemy law, days after a senior Pakistani politician who opposed the legislation was assassinated by his own bodyguard.
CCCL subsidiary signs power purchase agreement with NTPC
Consolidated Construction Consortium subsidiary has signed power purchase agreement with NTPC.
