Foreign exchange reserves rose marginally to $16.87 billion from $16.80 billion

Obama administration hopes to strike peace deal; fears that Taliban fighters could return to battlefield.

Ferrari have cancelled the launch of their new Formula One car due to snow and freezing temperatures in Maranello.

A decade of war with Nato has, however, not dented the ambitions of the Taliban rank.

US would stop taking the lead role in combat operations before the end of 2013, says US Defence Secretary.

Current account recorded a provisional deficit of $2.154 billion in the first six months of the 2011/12 fiscal year.

NATO confirms existence of secret report leaked by BBC on Wednesday

Vanity Fair unveiled the cover of its annual Hollywood issue on Tuesday.

Sutil had denied it was his intention to hurt Lux but rather to throw a drink in his face.

Rupee ended weaker at 90.40/45 to the dollar