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US lawmakers ask FIBA to review its policy on Sikh turbans

Last Updated: Thursday, July 24, 2014, 07:49

Appalled by reports that Sikh players from India were asked to remove their turbans at an international basketball match, top US lawmakers have launched a campaign asking FIBA to review the discriminatory policy.

US says blame for downed plane lies with Putin

Last Updated: Thursday, July 24, 2014, 07:41

The US said Wednesday that blame for the crashed Malaysian airliner lies directly with Russian President Vladimir Putin.

US still mulling Iraq request for militant drone strikes

Last Updated: Thursday, July 24, 2014, 04:50

Washington is still weighing Iraq`s request to launch air strikes against Islamic militants, but is working to boost the Iraqi army as it battles the extremists, a top US diplomat said Wednesday.

IMF cuts US economic growth forecast to 1.7% in 2014

Last Updated: Wednesday, July 23, 2014, 21:51

The International Monetary Fund on Wednesday lowered its US economic growth forecast for 2014 after severe winter weather in the first quarter delivered a sharp contraction.

Kotak Bank sees rupee range bound at 58-61 against US dollar

Last Updated: Wednesday, July 23, 2014, 18:45

Kotak Mahindra Bank on Wednesday said it expects the rupee to be stable in the 58-61 against the US dollar range in the short-term and that "the days of volatility in the currency are behind us."

Worst economic slowdown has ended in China: US

Last Updated: Wednesday, July 23, 2014, 18:36

China has lived through worst economic slowdown due to its determination to deepen reforms in the world's second largest economy, prominent US economist Stephen Roach said Wednesday.

Boeing posts strong Q2 profit, raises outlook

Last Updated: Wednesday, July 23, 2014, 18:07

US aerospace and defense giant Boeing reported Wednesday strong second-quarter earnings lifted by higher commercial aircraft deliveries and raised its profit outlook for the full year.

Rupee hits 1-1/2 week high on continued foreign fund inflows

Last Updated: Wednesday, July 23, 2014, 17:44

The rupee strengthened to its strongest level in a week and half on Wednesday as continued foreign fund inflows into the domestic share and debt markets aided while gains in other Asian units also helped.

US Supreme Court greenlights Arizona execution

Last Updated: Wednesday, July 23, 2014, 16:30

The US Supreme Court gave the greenlight to Arizona to execute a murderer on Wednesday after he voiced concerns about secrecy surrounding the lethal injection process.

Louis van Gaal critical of Manchester United`s US pre-season tour

Last Updated: Wednesday, July 23, 2014, 16:13

Schedule of Manchester United`s pre-season US tour has been criticized by Louis van Gaal, the new manager of the club.

US Air Force to launch new surveillance satellites

Last Updated: Wednesday, July 23, 2014, 15:11

The US Air Force will launch new satellites today to track those of other countries and counter possible threats to American spacecraft, officials said.

Euro at multi-year lows against dollar, yen

Last Updated: Wednesday, July 23, 2014, 12:17

The euro is facing selling pressure as investors worry that another round of sanctions on Russia will have a knock-on effect for the eurozone.