Posted In: India, weddings, gold
India is the world's largest gold importer. The government hiked import taxes on gold to control the outward flow of cash, but for weddings, the lure of the yellow metal is not fading.
Posted In: India, guns
India is the world's second largest market for guns after the U.S. Gun control in India is tight, but the black market in arms flourishes. Some 85 percent of guns owned are illegally owned.
The retail giant is accused by some Indian politicians of giving $100 million to an Indian supermarket chain.
Posted In: India, Ben Bernanke, Timothy Geithner
U.S. Treasury Secretary Tim Geithner and Federal Reserve Chairman Ben Bernanke are visiting India today to encourage the Indian market to open up to U.S. firms.
Posted In: India, McDonald's, fast food
The fast food giant makes a bold move in a country where about 50 percent of the people are vegetarian.