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Latest Headlines

Rupee Hits Record Low
The Indian rupee tumbled to an all-time low against the dollar even though India's central bank intervened to cushion its fall, as bearish sentiment continued to undermine one of Asia's worst performing currencies.
India Antitrust Body Fines Cement Firms for Price Fixing
India's antitrust body imposed a total penalty of 60 billion rupees ($1.1 billion) on 11 cement companies for price fixing, the biggest fine handed out by the regulator in its three-year existence.

Fire Engulfs State Secretariat in Mumbai
A massive fire broke out at the Maharashtra state secretariat in Mumbai Thursday afternoon, gutting the offices of the chief minister and the deputy chief minister.

Where are Private Equity Investors Putting Money?

What’s News —

Business & Finance

India June 14-20 Rains 5% Below Average
India's monsoon rains picked up pace in the week through June 20, but were still 5% below average, data from the country's weather bureau showed.
Stress Test Finds Spanish Banks Need up to $79 Billion
Spanish banks need as much as $78.78 billion in new capital to absorb losses in the coming years, according to two independent analyses.
- Video: Borrowing Costs Continue to Rise
India Shares Rise
Indian shares ended higher as a decline in global crude oil prices improved investor sentiment.
- Live: Markets Pulse
- Weak China Data Hits Asian Shares
- Europe Stocks Slip
- Euro Zone Business Activity Contracts Again
- U.S. Stock Futures Point Lowe
NTT DoCoMo Sees More Losses at Tata Teleservices
NTT DoCoMo said it will likely take several years for the unprofitable Indian firm Tata Teleservices, in which the Japanese mobile carrier holds a 26% stake, to reverse its fortunes.
Private Consortium Shortlisted for India Defense Contract
India's defense ministry has shortlisted a consortium of three private-sector companies for a 100 billion rupee ($1.8 billion) communication systems project for the armed forces, senior company executives said.
China Manufacturing Slows
A preliminary gauge of Chinese manufacturing activity fell in June, HSBC said. The reading could stoke market concerns of a sharp slowdown.
- Asia's Local Growth Dilemma
Fed Warns of Risk to Economy
Federal Reserve officials extended their efforts to boost the sluggish U.S. economy and said they were ready to do more if necessary to spur job growth.
Gem, Jewelry Bring Glimmer of Hope to India-Pakistan Trade
Daimler Starts Making Trucks at New India Plant
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DHL to Expand Asia Operations
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Air France to Cut Over 5,000 Jobs
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Nokia to Stay Focused on China
Riskier Bets Pitched to Asia's Rising Rich
Banker Admits Formula One Bribe

India Real Time

India Power List: Ambani's Big Investment Plans
Reliance Industries Ltd.'s Chairman Mukesh Ambani again topped the list of business leaders in India making headlines, according to the monthly data compiled by Dow Jones Insight and edited for clarity by The Wall Street Journal.

World

Pakistan Judge Orders Nominee's Arrest
A judge in Pakistan issued an arrest warrant on drug charges for Makhdoom Shahabuddin, who hours earlier was nominated by the ruling party to be the next prime minister.
Syrian Pilot Defects to Jordan
Indonesian Air Force Plane Crashes, Killing 10
Asylum Seekers' Boat Capsizes
Berlusconi Raises Specter of Early Vote
China Makes Plea for Extradition

India Real Time

Why Is Delhi Running Out of Water?
World Bank experts say that by 2020, it's likely that the next wars will be fought over water. For Delhi and Haryana, those wars seem to have already begun.

Tech

Tech Journal: Who Sent That Email?
What do you do when an email from an unknown source, but with an interesting subject matter, lands in your inbox?
Nokia Late to the Silicon Valley Party
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Windows Overhaul Poses Problems for Nokia
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Samsung Wins Verdict Against Apple

Sports

Greece, Germany Gird for Pitch Battle
The battle of the euro zone will be waged on a playing field in Poland on Friday, when Germany meets Greece in soccer's European Championship.
- Funny Business Is Part of Game
- Photos: Something to Smile About—Mostly

Editors' Picks

Video

Click to Play
Page One

Untreatable Tuberculosis Raises Concerns in India
Page One
Untreatable Tuberculosis Raises Concerns in India
In Video Center»
Page One
Who Won the Electionl? Let's Flip a Coin!
In Video Center»
Tech
Microsoft Unveils Its Answer to iPad: Surface
In Video Center»

Baby Falak

Falak: The Complete True Story of 'India's Baby'
This is all six chapters of a story that ran in a serialized form on India Real Time this week. This Wall Street Journal reconstruction was compiled through dozens of interviews, court documents, police records, medical records and counseling reports.

Olympics

Poonia on Motherhood and London 2012
In an interview with The Wall Street Journal, Olympics-bound Indian discus thrower Krishna Poonia speaks about her preparations, the challenges of being a woman athlete, and missing watching her son grow up.
2012 Olympic Profile: Gagan Narang
Meet Shiva, India's Youngest Olympian
2012 Olympians: India

Fashion

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Summer Style When It's Cold Inside
This year's fashions offer stylish solutions to the problem of how to dress for the office amid hot weather and cold air conditioning.
- Video: Sweltering Summer Brings on Office Chill

World

Prosecutors Seek Mental Care for Breivik
Prosecutors in the trial of Anders Behring Breivik called for the confessed killer to be considered insane and asked the court to sentence him to compulsory psychiatric care.
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Bird Flu Type Can Be Transmitted Through Air
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U.K. Unveils Plan on Executive Pay

Business

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BlackRock's Rice to Leave
Daniel J. Rice III, co-manager of $4.4 billion in energy assets at BlackRock, will leave the firm at year end, the world's largest asset-management firm announced.
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Europe's Idle Car Factories Prove Costly
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Airline Battle Pits Friend Against Friend

Asia

Asia's Local Growth Dilemma
Asia's economic resilience is once again being tested by the West's financial woes. But this time, Asian countries face their own challenges and are less well-placed than in the last downturn to get their economies humming again.
Australia Grows More Asian
Japan Premier Wins Sales Tax Deal

Europe

ECB Poised to Ease Collateral Rules
The ECB is poised to relax its collateral rules for central-bank loans in a bid to ease strains on souther European commercial banks.
Three Greek Parties Form Coalition
South Europe Challenges Germany's Rescue Recipe

Markets

China Shares Fall; Japan's Exporters Rise
Most Asian stock markets slipped after a gauge of manufacturing activity in China fell. The Nikkei ended at a one-month high, as a weaker yen boosted the shares of exporters.
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Hunger Pangs Possible at Darden's Table
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Doubts Rise Over Gauge of EU Banks' Health

Tech

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Motorola Seeks New Licensing Deal With Microsoft
Google Inc.'s Motorola Mobility unit is trying to propose new patent licensing terms for Microsoft, as the cellphone maker remains locked in legal battles with both the software giant and Silicon Valley gadget maker Apple.
Raises in Store at Apple
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Citrix Turns to Start-Ups to Stay Hip

Opinion

The Catfish Solution
U.S. Senators drop seafood protectionism against Vietnam.
David Mermelstein: The Passing of Japanese Cinema's Golden Age
Judging China by its Cover

Life & Style

Diane von Furstenberg on 'the China Century'
Diane von Furstenberg talks about her fascination with China and why she won't be retiring any time soon.
A Preview of the Sydney Biennale
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Andrew Sarris, Champion of Film as High Art, Dies

Markets

Market Data Center

How to Read this Chart

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Duke University
New Camera Produces Billion-Pixel Images
Scientists at Duke University in North Carolina have built an experimental camera with more than 30 times the data-collecting capacity of today's best consumer digital devices, a development that could fundamentally alter the way images are captured and viewed.
Brian Peterson/the Star Tribune/Associated Press
Photos of the Day: June 20
In today's pictures, a car sits in a sinkhole in Minnesota, pigs fall out of a truck in an accident in China, an art installation in Washington highlights the student dropout rate, and more.
Ajit Solanki/Associated Press
Preparing for India's Chariot Festival
Preparations are underway in parts of India for an annual chariot festival devoted to Hindu deity Jagannath. Some snapshots.
Vanderlei Almeida/Agence France-Presse/Getty Images
The Rio+20 Summit
India is one of 190 countries participating in the United Nations Conference on Sustainable Development in Rio de Janeiro, Brazil. In pictures.
Farooq Khan/European Pressphoto Agency
India in Pictures
A boy dives into a lake in Srinagar, a mural of actor Amitabh Bachchan in Mumbai, the aftermath of a protest near Amritsar, and more.

India Real Time

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Odd Timing for Duties on Chinese Power Gear
The Indian government appears set to slap a new tariff on Chinese power equipment at a time when the country's electricity situation is not looking good.
Australia Grows More Asian
A resources boom and growing immigration from Asia are reshaping Australia's population. Census data show that a third of the country's foreign-born population hails from Asia, up from 24% in 2006.
- Dispatch: Australians Lose Their Faith
Pilgrims Flock to Tsunami Relic at Oregon Beach
A large concrete dock swept away by Japan's tsunami has washed up on an Oregon beach, attracting thousands of tourists and creating a costly disposal headache for the state.
- Tourists Visit Japanese Dock on Beach
- Debris Washes Ashore in Oregon
Welcome to the Bossless Company
Welcome to the bossless company, where the hierarchy is flat, pay is often determined by peers, and the workday is directed by employees themselves.
- Video: Want to Work for a Bossless Company?
Economics Journal: Is India as Malnourished as Data Suggest?
Statistics show that India has some of the most malnourished and stunted children in the world. But these numbers don't necessarily tell the whole truth.
Romney's Fine Line On Immigration
Mitt Romney's address to Latino politicians will test whether he is willing to stake out immigration policy more in line with a growing bloc of Hispanic voters. But his bigger challenge may be striking a tone acceptable to his Republican Party, which remains deeply divided on the issue.
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LeRoy Neiman, Painter of Athletes, Dies at 91
LeRoy Neiman, the painter and sketch artist best known for evoking the kinetic energy of the world's biggest sporting and leisure events with bright quick strokes, died Wednesday at age 91.
Asians Top Immigration Class
Asians are the fastest-growing, most educated and highest-earning population in the U.S., according to a new report.

Flawed Miracle - in Hindi
•The Wall Street Journal's South Asia bureau spent last year on a series of related in-depth articles that examine what the 20 years since India adopted a series of economic reforms have brought the giant nation. Read these articles in a PDF format translated into Hindi.