Claiming survival of the local industry, the All India Plastics Manufacturers Association has written to the Indian Finance Minister to revise the import duties on plastics.
Legal & Regulatory
A look at inside Germany's trillion euro banking blind spot
The banking system of Germany had increased the need for reforms that are seen to be very difficult to accomplish by any new government.
Medical costs and rents increase despite US inflation tame
The US Federal Reserve might be more comfortable in implementing its stimulus reduction as increasing rents and healthcare costs had shown some stability in underlying inflation.
Occupy Wall Street marks second anniversary
Populist movement Occupy Wall Street had marked its second anniversary through a planned march the United Nations office and a protest near the New York Stock Exchange.
US poverty increase despite economic improvement
The poverty rate of Americans rose to 46.5 million from last year shown in the stock market, according to a US Census Bureau data.
Latest News
The influx of major global airlines moved the Indian government to review its existing requirements for airlines to be allowed to fly international routes.
European policymakers were in for disappointment no matter what the outcome of the election would be, a Reuters analysis showed.
Aung San Suu Kyi said Myanmar needed foreign capital to recover but these should be responsible investments.
BB&T Corp lost a USD 772 million tax refund case against the IRS. Financial holding firm BB&T Corp lost a USD 772 million tax shelter case with the US Internal Revenue Service (IRS).
Chinese authorities warned potential problems the Chinese banks could face if they don't beef up their capital requirements but Factbox figures from Reuters revealed a different scenario.
The Philippine government presented opportunities for investments in the country to Chinese investors at the CAEXPO.
The US government inked a USD 4 billion missile defense contract with Lockheed Martin. Pentagon announced that it had finalized a deal with weapons contractor Lockheed Martin to provide more missile defense equipment to the US and the UAE.
Hedge funds that gambled on Lehman Brothers expected huge payouts as administrators finished recovering assets.
A Reuters analysis revealed that Beijing was looking to private capital to strengthen the balance sheets of Chinese banks.
