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Under pressure, govt to review steep petrol hike

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NEW DELHI - India's coalition government opened the way for a partial rollback of the steepest petrol hike in the country's history after two days of street protests and dissent from within its own ranks over the unpopular measure.

IAEA finds higher-grade uranium trace in Iran: sources

VIENNA - U.N. nuclear inspectors have found uranium traces in an Iranian underground site refined to a somewhat higher level than the enrichment work normally done there, but still well below the weapons-grade threshold, diplomatic sources said on Friday.

World 25 May 2012

Deadlock breaks at U.N. climate talks, mistrust remains

BONN - More than 180 countries agreed on an agenda for work on a new climate treaty by 2015 at United Nations climate talks on Friday, breaking a deadlock over procedure, but mistrust remains that could threaten progress for the rest of the year.

World 25 May 2012

Foreign cos pulling more money out of India - Nomura

MUMBAI - Foreign direct investment, the sort of sticky long-term money India craves to fund its current account deficit and build up its infrastructure, may not be so stable after all.

Business 25 May 2012

UN inspectors find higher-grade uranium traces in Iran

VIENNA - United Nations inspectors have found uranium particles refined to a higher-than-expected level at an Iranian underground site where Tehran has installed more than 50 percent more enrichment centrifuges, a U.N. watchdog report said on Friday.

World 12:36am IST

Essar's Ravi Ruia, Loop execs get bail in 2G case

NEW DELHI - Five businessmen, including billionaire Ravi Ruia from the Essar conglomerate, have won bail in a case probing a telecoms licensing scandal which has drawn in tycoons and a former minister.

Business, 25 May 2012

They're here. They're geeks. Get used to it

NEW YORK - Turns out, geeks are inheriting the earth.

Tech 25 May 2012

Qaeda-linked suicide bomber kills 12 in Yemen

SANAA - Two al Qaeda-linked suicide bombers targeting Shi'ite Muslims blew themselves up at a school and a protest march in northern Yemen on Friday killing at least 12 people, the defence ministry said.

World, Yemen 3:01am IST

Crowds to crown UK queen's 60th anniversary party

LONDON - Britain's Queen Elizabeth will celebrate 60 years on the throne next month along with huge crowds expected for a pop concert at Buckingham Palace, a grand procession through the streets of London and a 1,000-strong flotilla along the River Thames.

World 25 May 2012

Exile Tibetans want EU to investigate self-immolations

VIENNA - The head of the Tibetan government in exile called on the European Union on Friday to send an investigative team to areas where dozens of Tibetans have set themselves ablaze in protest at Chinese rule.

World, 25 May 2012
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It’s time India bites the diesel bullet

The government perhaps knows by now that they will be criticised for every fuel price hike, irrespective of the fact whether the commodity price is controlled or decontrolled. It is up to them now to bite the bullet of diesel price hike or decontrol, digest that criticism and send a strong signal that they are seriously considering improving the fiscal condition.

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