Food and fuel inflation accelerates

NEW DELHI (Reuters) - India's food and fuel inflation accelerated in the third week of August, maintaining pressure on the Reserve Bank of India (RBI) to tighten monetary policy.

Issues in Depth

An investor uses binoculars to look at screens showing stock information at a brokerage house in Wuhan, Hubei province March 24, 2009. REUTERS/Stringer/Files

BRIC stocks - victims of success

Shares of companies from the BRIC region are increasingly featuring in global portfolios, a possible reason why such markets are underperforming in 2010.  Full Article 

Pakistani cricketer Mohammad Amir (C) arrives at the Pakistan High Commission in London September 2, 2010. REUTERS/Paul Hackett

ICC suspends Pakistan trio

Pakistan test captain Salman Butt and the opening bowlers Amir and Asif face possible life bans after they were charged under ICC anti-corruption code.  Full Article 

Federal Reserve Board Chairman Ben Bernanke testifies at a Financial Crisis Inquiry Commission hearing in Washington September 2, 2010. REUTERS/Molly Riley

'Sad' to let Lehman fail: Bernanke

Ben Bernanke says he could not have legally saved Lehman Brothers from bankruptcy and the firm's catastrophic failure in 2008 was a source of sadness.  Full Article 

Engineers attend to calls from abroad inside a call center in Gurgaon, December 3,2003.  REUTERS/Kamal Kishore/Files

Services PMI dips in August

Growth in India's service sector slowed for a second month in August after hitting a 2-year peak in June, but businesses were more optimistic about the outlook.  Full Article 

A fan blows a vuvuzela before the 2010 World Cup soccer match at Green Point stadium in Cape Town June 21, 2010. REUTERS/Mike Hutchings/Files

Vuvuzelas to make India debut

Loved and loathed in equal measure, the drone of the vuvuzela will resonate in India for the first time at the Commonwealth Games in New Delhi in October.  Full Article 

Apple Chief Executive Steve Jobs demonstrates iOS4.2 on an iPad at Apple's music-themed September media event in San Francisco, California September 1, 2010. REUTERS/Robert Galbraith

Apple, Google to clash in music

Google is in talks with music labels on plans for a download store and a digital song locker that would allow its mobile users to play songs wherever they are.  Full Article 

Markets

India Indices

21.89
18,260.20
+0.12%
1.50
5,487.65
+0.03%
77.65
7,861.55
+1.00%
2.23
654.24
+0.34%

Int'l Indices

50.63
10,320.10
+0.49%
51.29
9,114.13
+0.57%
4.63
5,371.04
+0.09%
47.65
20,916.57
+0.23%
-0.38
2,655.39
-0.01%

Currencies

46.667
71.975
59.814
0.55365