In the wake of the insults hurled at Prime Minister Manmohan Singh, ruling Congress party leader Sonia Gandhi, and prominent religious figures, on several Web pages, it is being threatened by the Indian government that it may resort to the enforcement of rules for extracting derogatory content from the Internet.

Christine Lagarde is the new chief of IMF and she is looking for fast rising economies to take key positions of IMF. Recently she had visited Asia and she mentioned that countries like China and India deserve to be given more IMF voting power to reflect their growth.

Market watchdog, The Securities and Exchange Board of India (SEBI) has decided that it is going to regulate the 'Know Your Customer' (KYC) norms for all of the SEBI controlled entities.

Automobile production has been encouraged in India. Indian government has redefined the meaning of completely knocked down (CKD) auto components. Higher import duties are assigned to assembled engines and gearboxes.

Earlier there is 10% import duty on CKD but now it has been raised to 30%, to encourage domestic manufacturing of the cars.

DMK MP Kanimozhi, a director in Kalaignar TV has been again named in the supplementary chargesheet of the 2G scam on Monday. CBI has questioned her about one and half months ago but now CBI again dragged her name in the chargesheet.

As part of their ongoing business expansion plans in South Asian nation, Government Of Singapore Investment Corp., or GIC, has opened an office in Mumbai.

The sovereign wealth fund informed in a statement that it’s opening up its 9th Asian office in Mumbai as it has already homed the island nations’ manager for foreign exchange reserve.

Business between China and India is strongly influenced by Singapore. Singapore is an important link between China and India for its strategic location in South-east Asia, strong economic connectivity and global positioning.