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8, Feb, 2012 - NEW DELHI: India recorded a net loss of 367 sq km of forests between 2009 and 2011 - officials were unable to explain how vast swathes of forests could disappear from one district in just six months. Khammam had also recorded a 56% loss of forests between 2007 and 2009 as per...

7, Feb, 2012 NEW DELHI -- India’s gross domestic product or GDP growth is expected to be lower than 7% at 6.9 per cent, according to advance estimates for the year ending March 2012. India’s government predicted the weakest economic expansion this year since 2009, the Central...

Feb 6, 2012 Indonesia’s economy grew last year at the fastest pace since before the Asian financial crisis as rising investment and domestic spending countered a slowdown in export demand due to Europe’s debt crisis. Gross domestic product rose 6.5 percent in 2011, the statistics bureau...

February 05, 2012 India has unhealthiest air in the world, a new study says, confirming the fear that air quality was getting worse because of urbanisation. Of the 132 countries ranked by scientists at Yale and Columbia Universities for the Environment Performance Index (EPI) 2012, India...

Don't be surprised if the next Steve Jobs comes from China. Already, I can see the beginnings of this trend in the likes of entrepreneurs Jack Ma of e-commerce startup Alibaba, Robin Li of search engine Baidu, Gary Wang of video sharing service Tudou.com and Joe Chen of web 2.0 powerhouse Oak...

February 04, 2012 KOLKATA, India, (Xinhua) -- India's first ever bamboo park is all set to come up in the northeast state pf Tripura with Chinese technology at a cost of 350 million rupees (US $7 million). China's Nanjing Forestry University has provided some technology to Tripura Forest...

Amazingly Chinese High-Tech Ancient Weapons Europeans often claim they are superior based on "their" inventions. But as this Discovery Channel documentary shows, Europeans merely copied many inventions that originated in China. (E.g Missile, Rocket, Cannon, Gun) Ancient China did not...

Pasta When you think of pasta, you think of Italy, but it was the Chinese, not the Italians, who used their noodles to invent noodles. The Chinese had been eating pasta for four thousand years. Early European explorers to Asia learned the delicious and nutritious value of noodles during their...

3 Feb, 2012 - India or Brazil? Listen to what Gerard Lyon, the respected chief economist of Standard Chartered has to say, "I visited Latin America recently. Despite growth concerns in Brazil, it seems to be overtaking India in terms of perception. - India always over-performs at Davos but...

F-16, F-18 unbeatable, no F-35 offer for India: US Feb 03, 2012 Washington: After losing out to the French, the US asserted its F-16 and F-18 fighter jets would have provided India unbeatable platforms with proven technologies, but said it had not offered India more advanced F-35 Joint...

BEIJING, 2012 (Xinhua) -- China's Ministry of Finance said on Friday that the nation's fiscal revenue grew 24.8 percent year-on-year to hit a record high of 10.37 trillion yuan (1.64 trillion U.S. dollars) in 2011. Revenues (most recent) by country Trillion 1. United States = 2.09 2. China...

2, Feb, 2012 With an eye on an EU-China summit in mid-February, Merkel will meet investors and canvass for increased confidence in Europe, a government source said. In her fifth visit to the world's number two economy, accompanied this time by a 20-strong trade delegation, Merkel is...

February 1, 2012 India’s has the worst air pollution in the entire world, beating China, Pakistan, Nepal and Bangladesh, according to a study released during this year’s World Economic Forum in Davos. Of 132 countries whose environments were surveyed, India ranks dead last in the...

February 1, 2012 Mumbai: India's budget deficit reached 92.3 per cent of the fiscal-year target in the nine months through December, imperilling the government's aim of reining in the gap. The shortfall was 44.9 per cent of the annual objective in the same period a year earlier. Finance...

Jan 31 2012. With a huge population and slow growth of job opportunities, unemployment has been widespread in India. Recent studies have revealed the fact that growth of unemployment in India at current rates can lead to devastating results. At this rate, India is expected to have a 30%...

Jan 31, 2012 State Bank of India (SBIN), the nation’s largest lender, will receive $1.6 billion from the government in an infusion of capital, ending a two-year wait for funds even as slowing economic growth fueled bad loans. The stock slumped 42 percent last year as Moody’s Investors...

JANUARY 30, 2012 In recent weeks, the cost of insuring against default on Japanese government bonds—a measure of perceived credit risk—has increased sharply! Japan's fiscal woes are already worse than Europe's. After decades of undisciplined spending, government debts are more...

India still a foreign investment hot spot?? No, Not so simple! The Reserve Bank of India has expressed its discomfort over the rise in debt inflows in the last few months. Foreign debt inflows in January so far have amounted to $3.21 billion against $1.7 billion through equity inflows...