The Obama administration on Wednesday will propose cutting the top tax rate for corporations to 28 percent, and pay for it by eliminating dozens of tax loopholes companies now use to lower their rates, a senior administration official said.

Aakash, the "$35" computer launched last year in India as the world's cheapest tablet, has run into problems and companies will be invited to bid again to make the device after complaints of poor performance and hiccups rolling out a pilot model. The government has hailed the Aakash tablet as an achievement of Indian frugal engineering that would end the digital divide in a country where only one in every 10 of its 1.

– NEW YORK For more than 30 years, he has fitted the city’s wealthiest and famous residents, and now, Mohan Ramchandani is using his skills and foothold in the custom tailoring market to dress some of New York’s underprivileged. He has partnered with the Hope Program to provide suits worth $1, 000 each to 17 recent graduates entering the job market.

With one of the world's most expensive yachts and a cricket and Formula One team, billionaire Vijay Mallya is known as India's Richard Branson or simply, the "King of Good Times". Owner of the world's second-largest liquor maker, it is his chairmanship of debt-ridden Kingfisher Airlines that is currently making headlines, not the usual write-ups in society pages of his jet set lifestyle.

The Directorate General of Civil Aviation (DGCA) asked Kingfisher Airlines(KING.NS) to explain why it has cancelled a large number of flights since Saturday, while the government again ruled out providing any aid to the loss-making carrier. Kingfisher has cancelled 32 out of the 240 flights that it operates each day, the airlines said on Saturday, adding that it expected to return to full service within days.

“Women demand mobile phones…not toilets. That isthe mindset we have,” Jairam Ramesh on Friday told a conference in theIndian capital debating the Asia-Pacific Millennium Development Goals.   India’s national agency, Press Trust of India,characterized the remark as a lament.

Crying as she is put on an electronic scale, two-year-old Rajini's naked shrivelled frame casts a dark shadow over a rising India, where millions of children have little to eat. The children are scrawny, listless and sick in this run-down nutrition clinic in Madhya Pradesh with its intermittent power supply. If they survive they will grow up shorter, weaker and less smart than their better-fed peers.