Obama announces $10 bn worth Indo-US trade deals

Obama rejects view of India as 'land of call centres'

Obama visits Mani Bhavan, says Gandhi, a hero for entire world

Obama in India

Obama comes job hunting in India

IMF quota overhaul puts India in top 10 members

The Int. Monetary Fund has approved proposals that will lead to a major overhaul of the Fund's quotas and governance, and would put India among top 10 members. 

The 10 largest members of the Fund will now consist of the US , Japan , the BRICs (Brazil, China , India, Russia), and the four largest European countries (France, Germany, Italy, the United Kingdom). 

The Executive Board of IMF also endorsed a timeline that calls for the quota increase and realignments to take effect by the annual meetings of October 2012, and Executive Board reforms to be implemented no later than the subsequent Executive Board election, which is scheduled in late 2012.

Google Maps blamed in border dispute

Google Maps has been embroiled in a Central American border dispute that saw two neighboring countries dispatch troops and heavily armed police to their joint border.

The Internet search giant stepped into the fray after a Nicaraguan commander cited Google's version of the border map in an interview with Costa Rican newspaper La Nacion to justify a raid on a disputed area of Costa Rica.

The area is hotly disputed by the two neighbors, and Costa Rica has asked the Organization of American States (OAS) to investigate the alleged violations of its territory and intervene in the matter. OAS Secretary General Jose Manuel Insulza is touring both countries in a bid to mediate the dispute.

Wealth experts see little shine left in gold

After a year of record demand, gold is getting tepid reviews from top US wealth managers who say it is no longer the safe haven it was at the peak of the financial crisis. As investors soured on stocks and bonds and worried that government stimulus spending would fuel inflation, they queued in scores to stock up on gold. Whether physical bullion or derivatives, gold was deemed safe and the closest alternative to sticking cash under the mattress.

As the economy recovers, financial advisers are weaning the rich from their gold and other low-return assets in favour of higher-yielding investments, to “get the money from under the mattress and working again,” said Robert McCann , chief of UBS Wealth Management Americas .

Dell moving BlackBerry employees to smart phone

Dell Inc. will shift thousands of its employees off Research in Motion Ltd's BlackBerry and over to Dell's smartphones

Dell is also launching an effort to convince its business customers to switch to the company's smartphone.

Dell's BlackBerry users will be shifted over to use the new Dell Venue Pro, which runs on Microsoft's new Windows Phone 7 software and operates on the network of T-Mobile USA, the U.S. arm of Deutsche Telekom AG.