WORLD


MDT/PTI 11 December 2012
Meera Sachdeva was charged for defrauding federal insurance programme Medicare by submitting false claims for chemotherapy services New York: An Indian-origin woman has been sentenced to 20 years in prison and ordered to pay a penalty of over $14 million on charges of healthcare fraud in...

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AK Ramdas AK Ramdas 04 December 2012
In the last eight years when Wen Jiabao was the Chinese premier, nothing worthwhile was achieved. On the other hand, China has been asserting its rights on Indian territories as well other regions in Asia. India must be on guard before it is too late In the last few weeks, China has been...

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PS Deodhar 03 December 2012
Commercial globalization is making the world more polarized and prone to conflict. Security experts observe that this globalization has national security implications and is eroding the power of nation-states through world trade and financial bodies   Globalisation, in its essence, is...

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William Gamble William Gamble 03 December 2012
If your capital is considering a bit of international travel in search of sunnier returns, be sure to ask the locals. They always know the best places to invest   Investors and economists have various ways to determine the economic growth potential of a given country. They look at...

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Abrahm Lustgarten (ProPublica) 29 November 2012
The US Environmental Protection Agency has temporarily barred BP and suspended the company from receiving new contracts with the federal government based on its "lack of business integrity" concerning the 2010 explosion on the Deepwater Horizon rig, which killed 11 workers, and related oil...

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MDT/PTI 28 November 2012
The 132 domain names seized were set up to dupe consumers into unknowingly buying counterfeit goods as part of the holiday shopping season   Washington: The US and European authorities said that they have seized 132 websites for allegedly selling counterfeit merchandise from fake Nike...

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Dafna Linzer, Michael Grabell  and   Jeff Larson (ProPublica) 27 November 2012
The records of over flight requests show more than 200 tons of "bank notes" from Moscow to Damascus This past summer, as the Syrian economy began to unravel and the military pressed hard against an armed rebellion, a Syrian government plane ferried what flight records describe as more...

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MDT/PTI 23 November 2012
Norwegian consumer agency like its counterparts in the Nordic region, wants to put an end to the unsolicited advertisements that appear on users' news feeds on Facebook Oslo: Facebook should stop unsolicited advertising to users in Nordic countries or face legal action, the Norwegian...

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Jake Bernstein (ProPublica) 22 November 2012
Joseph Caramadre made a profit dealing in insurance products that paid out when someone died. He said he paid the terminally ill to participate, creating win-win deals. Now, he's pleaded guilty to fraud and identity theft In a trial closely watched by the insurance industry, Rhode Island...

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MDT/PTI 21 November 2012
In a bid to boost his bonuses and chances of promotion, Ghanaian-born trader Kweku Adoboli exceeded his trading limits, failed to hedge trades and faked records to cover his tracks during 2008 and 2011 London: UBS trader Kweku Adoboli, who gambled away $2.3 billion of the Swiss bank's...

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William Gamble William Gamble 19 November 2012
All sorts of financial information are produced by polls, including PMI, Consumer Confidence, etc, and not just in the US but around the world. So for the investor what appears to be a credible prediction may be anything but...   The American presidential election is over to the great...

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MDT/PTI 16 November 2012
SEC said Gupta should be ordered to pay a maximum civil penalty of $15 million and barred from serving as director of any publicly-traded firm for his 'terrible breach of trust' by indulging in insider trading New York: The US government has asked a court in New York to slap a maximum...

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William Gamble William Gamble 12 November 2012
Nathaniel Rothschild, scion of the English branch of the famous banking family, teamed up with the Bakries and the Roeslanis of Indonesia to exploit its mineral wealth. But it dawned on him too late that the Bakries and the Roeslanis “were acting in concert from the beginning”   In my...

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MDT/PTI 10 November 2012
Petraeus devoted nearly 40 years of service to the US, rising through the ranks to become a distinguished four-star general and commander of American forces in Iraq and Afghanistan before joining the CIA as director   Washington: David Petraeus the director of Central Intelligence...

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Harsh Desai 07 November 2012
Obama has been re-elected as the President of the United States of America. Romney could not get back in the game after several mis-steps. An analysis by Harsh Desai CNN has just called the election and announced that Barack Obama will be elected as the next President of the United...

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MDT/PTI 07 November 2012
The 51-year-old first African-American president was projected by television channel CNN as having won the second term with 274 electoral votes   Washington: Barack Obama won a second term in office overcoming a stiff initial challenge from his Republican challenger Mitt Romney after...

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Harsh Desai 05 November 2012
With just one day to go, Obama and Bruce Springsteen are due to hold a rally while Governor Romney continues to press for his case as President I arrive at Wisconsin late Sunday evening and learnt that President Obama and Bruce Springsteen are to hold an early morning rally in Madison....

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William Gamble William Gamble 05 November 2012
At the end of October the New York Times published an article concerning the “hidden wealth” of China’s prime minister Wen Jiabao’s family. The story provides an excellent example of how business is done in China specifically and in emerging markets in general At the end of October the...

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Harsh Desai 04 November 2012
With the US Presidential Elections frenzy escalating and too close to call, conspiracy theories abound with regard to the voting process   While walking through the campus of Ohio State University (OSU) there is a Buckeyes American football game going on in the afternoon. I scramble to...

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Harsh Desai 03 November 2012
Can just 18 Electoral College votes decide the outcome of the next US President? How confident are the Republicans of the prospects of Governor Mitt Romney winning in Ohio? We drive down on a crispy winter day to Cincinnati, a beautiful city on the banks of the Ohio River with parts of...

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