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Indian shares rose for the second consecutive trading session, with the Nifty index passing the 6000 mark for the first time in nearly two years on hopes the central bank will cut interest rates later this month.
Congress broke a rancorous stalemate to pass legislation designed to avert the fiscal cliff. But the bill left a host of issues unresolved.
The chief justice of India inaugurated a fast-track court in New Delhi where the trial of the men charged with the rape and murder of a young woman on a bus on Dec. 16 will take place.
Manufacturing activity in India expanded sharply in December as new orders grew at their strongest pace in six months and exports remained strong, underscoring a likely recovery in the sector.
India's software exporters are bracing for yet another tough year, with economic uncertainty in their main outsourcing markets of the U.S. and Europe refusing to go away.
The FDA granted so-called accelerated approval for Johnson & Johnson's treatment of a drug-resistant form of tuberculosis.
The Indian government appointed economist Urjit Patel as a deputy governor of the central bank, putting an end to weeks of speculation over who would fill the position left vacant by the exit of Subir Gokarn.
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Malaysia looks set to continue as one of the world's hottest spots for initial public offerings in 2013, with Iskandar Waterfront Holdings being the latest to join the IPO queue as it plans to raise as much as $300 million in a listing.
India plans to launch an exchange-traded fund within the next few months to invest in the shares of state-run firms, a step which will likely help the government raise billions of dollars by selling stakes in companies it manages.
India's government may again raise import taxes on gold in an effort to curb demand for the metal, one of the biggest contributors to the country's widening current-account deficit.
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The deal to avert the fiscal cliff and more recommended reading from around the web.
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North Korean dictator Kim Jong Eun returned to his grandfather's practice of delivering a New Year's message in a speech, rather than in print as his father did—though the exhortations remained unchanged.
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We are, in a way, seeing a coming of age of standup comics of Indian origin, with the likes of Russell Peters, Kal Penn, Aziz Ansari, Mindy Kaling, and Kunal Nayyar leading the way.
Several of India's car makers reported a drop or a modest increase in sales for December, despite year-end discounts and the recent introduction of new models.
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The most popular stories on IRT last year focused on women. And Indian Americans. Other evergreen subjects included anything related to Pakistan and/or cricket. Here are some of the top posts from 2012.
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The benefit of bringing Warren Buffett on board in 2011 was questionable for BofA shareholders. Buying him out now would be yet another step in cleaning up the balance sheet.
LG Electronics Inc. is off to a good start this year – it beat larger rival Samsung Electronics Co. in launching a 55-inch organic light-emitting-diode television.
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A number of market observers warn that, somewhere down the road, investors might discover greater risks in their portfolios than they had bargained for in 2013.
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Analysis and insights from The Wall Street Journal and Dow Jones Newswires on the daily news in the world's largest democracy.
People celebrate the new year in Asia, a fire breaks out in a Chinese factory, a bomb blast hits a Pakistani city, and more.
In pictures, a selection of the most talked about Bollywood films in 2012.
Some of the best photos of 2012.
New Year's Eve celebrations in Allahabad, girls played along the Arabian Sea coast in Mumbai, a protest demanding safety for women in New Delhi, and more.
People all over the world prepared for New Year's Eve celebrations Monday.
From the iPhone 5's launch to a deadly factory fire in Bangladesh, business news in 2012 offered opportunities for strong photography. Take a look back at some of the best images.
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The student who was gang-raped by six men in Delhi on Dec. 16 succumbed to her injuries and died Saturday at Singapore's Mount Elizabeth Hospital. She was 23. The crime caused outrage in India. In pictures.
Download the Wall Street Journal investigative series in PDF format that ran in a serialized form on India Real Time.
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