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Microsoft abandons Yahoo bid, rebuffing higher sale price Microsoft Corp. withdrew its $42.3 billion bid to buy Yahoo Inc. on Saturday, scrapping an attempt to snap up the tarnished Internet icon in hopes of toppling online search and advertising leader Google Inc. 04 May 2008
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India's economy to grow to almost 90 percent of US economy by 2050: PwC World's largest tax advisory, audit and consultancy services provider, PricewaterhouseCoopers (PwC) has suggested in a report titled "The World in 2050: beyond the BRICs" that the emerging markets like India and China is fast becoming the hub of global economic activity with India's economy having the potential to grow to almost 90 percent of the size of the US by 2050. 10 Apr 2008
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India's entertainment and media industry to touch $28.9 billion by 2012: Report India's entertainment and media industry will grow at a blistering pace over the next five years and would touch $28.9 billion by 2012, a joint study by the world's largest professional services firm, PricewaterhouseCoopers (PwC) and India's top industry chamber, the Federation of Indian Chambers of Commerce and Industry (FICCI), has revealed. 01 Apr 2008
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Vietnam, India curb rice exports as prices double Major rice exporters Vietnam and India on Friday said they will curb overseas sales more in an effort to combat food inflation, threatening to heighten the world's anxiety over staple food supplies 28 Mar 2008
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Gold prices fall, long weekend spurs demand India's gold demand was up on Monday after a 9 percent drop from last week's all-time high encouraged people to buy moderate quantities of the metal, dealers and traders said. 24 Mar 2008
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EU Internet: speeds up, prices down More than 50,000 European homes and offices added a high-speed broadband Internet connection every day last year, according to the European Commission. 20 Mar 2008
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Move over waffle, here comes the 'moffle' Japanese pastry connoisseurs and technology fans have found a new obsession: the "moffle", a cross-over between a waffle and Japan's traditional "mochi" rice cake. 19 Mar 2008
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Russia says 'nyet' to US missile defense Russia had a short answer Tuesday for President Bush's top national security advisers who came to ask for detente in the simmering argument over a planned U.S. missile shield at Russia's doorstep. "Nyet." Or maybe, "Not yet." 19 Mar 2008
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Gasoline prices hit new high in US U.S. average retail gasoline prices have reached a new high of almost $3.20 per gallon and will likely jump another 20 to 30 cents in the next month, worsening the pain of consumers struggling to make ends meet in an economic downturn. 10 Mar 2008