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US Infrastructure gets near-failing grade by civil engineers group

In its latest assessment for the infrastructure in the US, the American Society of Civil Engineers' (ASCE) assessment had given the nation's roads, bridges, rail, drinking water, waste water, solid waste and others an aggregate almost flunking grade.

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India

Investments should be made before elections - CII

The Confederation of Indian Industries said that now is the time when India needs foreign direct investments the most.

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REFILE - CORRECTING DATE
A bank clerk counts Chinese yuan banknotes at a branch of Industrial and Commercial Bank of China in Huaibei, Anhui province, June 8, 2012. China's top five banks said on Friday they have raised deposit rates to 3.5 percent, abov

China to allow private investment in utilities -Xinhua

China will open up its public utilities to private investment as part of the current privatisation drive to bolster economic growth.

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