Embattled Internet firm Yahoo's Chief Executive Scott Thompson has resigned after a controversy over a fake computer science college degree on his biography broke out.

A year after the Trinamool Congress-led West Bengal government promised to usher in industrial resurgence, investors and industry bodies say reforms are coming too slowly and there is policy indecision.

 A benchmark index for Indian equities markets was trading 89.56 points down around 12.50 p.m. Monday, 0.56 percent down from its previous close.

India's inflation rose faster-than-expected to 7.23 percent in April as compared to 6.89 percent in the previous month, mainly driven by a sharp increase in the prices of food items and manufactured products, government data showed Monday.

Yahoo chief executive officer (CEO) Scott Thompson has resigned and the company has named Ross Levinsohn as interim CEO, Yahoo said Sunday.

The Telecom Regulatory Authority of India (TRAI) Sunday retained its recommendations on high reserve price for spectrum auction despite staunch criticism by the industry.

Commerce Secretary Rahul Khullar will Monday take charge as the chairman of the Telecom Regulatory Authority of India (TRAI).

 Increasing internal demand and motivating expatriates to send home more remittances may solve the Indian economy's problems due to a depreciating rupee, an industry lobby said Sunday.

Air India is at war, with itself. There are two systems working side by side in the flag carrier and the current pilots' agitation, if anything, exposes that.

At least twenty-two Air India flights were cancelled on Sunday from Delhi and Mumbai as the pilots strike entered its sixth day.