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However, the Finance Minister said some adverse effects on the Indian stock markets can be expected, as it happened yesterday (Friday). �Watchful and effective intervention at the appropriate time can avert some immediate crisis�but again I want to say that...

Japanese cellist Dai Miyata has won the world's top cello competition, the Concours Rostropovich in Paris. Joe Perry, guitarist for the rock band Aerosmith, tells a newspaper that frontman Steven Tyler has quit the band. Russian pianists Georgy Tchaidze and...

Mark Hughes accuses Match of the Day pundits of trying to 'nail' players • Alan Hansen rated City defending at 'minus six' • Hughes says pundits should watch full games Mark Hughes was critical of Alan Hansen and co. Photograph:...

a city built on sand Before the desert sands close over its luxury follies, lessons should be learned – number one, don't believe the hype Was anywhere heading for a fall so obviously as Dubai ?...When I first visited the...

But for all its faults it remains a rare oasis of Middle East moderation and progress Jack Hughes in Dubai Pakistani workers play cricket during a break on a Dubai building site. Photograph: Chris Jackson/Getty Images A yachtsman friend of...

New York and the Standard & Poor’s 500 Index added 1.1 per cent. “The fallout from the Dubai situation and the overall contagion effect should be both short-lived and quite limited,” wrote Suki Mann, a credit strategist at Societe Generale...

The Sudanese Boeing 707 plane went down in the desert on Wednesday, narrowly missing a golf course and a densely populated residential area. "A Sudanese cargo plane crashed 3km from the Sharjah airport shortly after takeoff and there were no...

The name mentioned most by bankers and investors in the region is that of Dubai Holding , the personal investment vehicle of the ruler, Sheikh Mohammed bin Rashid al-Maktoum. “Dubai’s actions have introduced the risk that restructuring of other corporates...

Almost all of them work, although many are paid very little, the National daily said adding that some of these men also sleep in underpasses and mosques too. Anil Kumar and Venkat Laxman, two street cleaners who have been working...