India

file-photo-people-riding-a-motorcycle-in-front-of-the-office-of-ranbaxy-laboratories-at-gurgaon

Ranbaxy Posts Loss after Write-offs on U.S. Import Bans

Drugmaker Ranbaxy Laboratories Ltd (RANB.NS), which has agreed to be acquired by Sun Pharmaceutical Industries Ltd (SUN.NS) for $3.2 billion, posted a loss in the March quarter, hit by write-offs related to regulatory sanctions. May 10, 2014
more-data-needed-to-be-confident-on-economic-pick-up-raghuram-rajan

RBI Chief Stresses his Independence from Government

The head of the Reserve Bank of India (RBI) said on Friday that he - and not the government - was responsible for setting monetary policy, asserting his independence in taking a hawkish stance on inflation amid an election hinging on how to revive economic growth. May 10, 2014
Sensex

Sensex Hits Record High Above 23,000; Surges 650 Points

The BSE Sensex and Nifty hit a record high on Friday, posting their biggest daily gains since September on hopes the opposition Bharatiya Janata Party would win a majority in elections ending next week, sending blue-chips such as ICICI Bank sharply higher. May 10, 2014
assam-violence

"Election" Massacres of Muslims Darken Immigration Debate

From his hiding place in a cowshed, Sefaqul Islam watched as masked gunmen moved through his village, shot women and children dead with automatic rifles and tossed wounded survivors into the blazing remains of their homes. May 10, 2014
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