India Economy

Photos of the Week

Unemployed Indian women hold out forms as they crowd at the Employment Exchange Office (EEO) in Allahabad, India, Wednesday, Feb. 29, 2012. The state government office offers job placement to the registered unemployed applicants when positions become available.(AP Photo/Rajesh Kumar Singh)

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Greece Kite A kite is flown on 'Clean Monday' against the background of ancient Acropolis hill with the Parthenon temple, Athens, Monday, Feb. 27, 2012. Many Greeks commemorate 'Clean Monday', the first day of Lent, by flying kites and eating foods associated with fasting. (AP Photo/Petros Giannakouris)
India Dongria Tr... In this photo taken Sunday, Feb. 26, 2012, Indian Dongaria Kondh tribal girls watch sacrifice rituals during the annual festival of Niyam Raja in Lanjigarh at the sacred Niyamgiri Hill, about 400 kilometers (249 miles) from the eastern Indian city of Bhubaneswar, Orissa, India. In August 2010 India refused permission to London-based Vedanta Resources to mine bauxite for its alumina refinery in the Niyamgiri Hills citing violations of environmental and human rights laws. The courts are expected to hear the company's appeal later this year. (AP Photo/Biswaranjan Rout)
Mobile World Con... A man speaks with his phone at the Mobile World Congress, the world's largest mobile phone trade show, in Barcelona, Spain, Tuesday, Feb. 28, 2012. (AP Photo/Manu Fernandez)
84th Academy Awa... Billy Crystal pauses for a picture showing nine fingers for the number of times he's hosted the show after the 84th Academy Awards on Sunday, Feb. 26, 2012, in the Hollywood section of Los Angeles. (AP Photo/Chris Carlson)
Indonesia Turtle... Baby turtles make their way into the ocean upon their release during a campaign to save sea turtles on Lampuuk beach in Aceh Besar, Indonesia, Wednesday, Feb. 29, 2012. Sea turtles in Indonesia have long suffered from poaching for their meat, fat, shells and eggs. (AP Photo/Heri Juanda)
Bolivia Carnival... A reveler poses for pictures as she parades during carnival celebrations in La Paz, Bolivia, Sunday, Feb. 26, 2012. (AP Photo/Juan Karita)
Japan Pop Cultur... An Indonesian 'cosplayer' dressed as an anime character poses during Japan Pop Culture Festival at a shopping mall in Jakarta, Indonesia, Sunday, Feb. 26, 2012. (AP Photo/Dita Alangkara)
Macedonia Carniv... Women with masks participate in a carnival procession in Strumica, Macedonia, Saturday, Feb. 25, 2012. More than 2,500 costumed revelers performed Saturday, the main night of the carnival, through downtown Strumica. (AP Photo/Boris Grdanoski)
India Tibet New ... In this Saturday, Feb. 25, 2012 photo, Indian dancers from Ladakh perform a traditional dance during "Losar" or Tibetan New Year celebrations in New Delhi, India. Tibet's exiled government in India called on Tibetans this year to shun celebrations for their traditional new year, which started Wednesday, Feb. 22, 2012. Instead, Tibetans are urged to pray for those living under Chinese rule. (AP Photo/Tsering Topgyal)
Guatemala Day of... A blanket woven by hand exhibits the names of people who were allegedly disappeared or killed by the Guatemalan army during the nation's civil war, at a protest by human rights activists in Guatemala City, Saturday Feb. 25, 2012. Guatemalans commemorate the "National Day of Dignity for the Victims of Armed Internal Conflict" every Feb. 25 in honor of the victims of the civil war that lasted 36 years and left as many as 200,000 people dead and 40,000 disappeared before it ended in 1996. (AP Photo/Moises Castillo)
Peru Diving Monk... Raul Herrera, 28, dressed as a Franciscan monk, dives from a cliff into the Pacific Ocean in Lima, Peru on Friday, Feb. 24, 2012. Herrera dives daily for tourists and visitors reenacting the legend of the Diving Monk ( El Salto del Fraile ). As legend goes, a monk jumped off these neighboring cliffs committing suicide in despair over an unrequited love with a woman. (AP Photo/Martin Mejia)
India Religious ... Indian women light candles during a ceremony in Ahmedabad, India, Monday, Feb. 27, 2012. Hundreds of survivors of deadly religious riots gathered in western India on Monday to mark the 10th anniversary of the country's worst sectarian violence in recent years, as rights activists blasted the local government for delaying justice. On Feb. 27, 2002, a train fire in Gujarat state killed 60 Hindu pilgrims. Muslims were blamed for the fire and weeks of rioting followed. More than 1,000 people, almost all Muslim, were killed as Hindu mobs rampaged through towns and villages. (AP Photo/Ajit Solanki)
Philippines Reli... Hundreds of thousands of devotees of the Christian sect, the Iglesia Ni Cristo (Church of Christ) gather at the Rizal Park in Manila, Philippines Tuesday Feb. 28, 2012. Iglesia Spokesman Beinvenido Santiago said the Tuesday's gathering in Manila and 17 other cities around the country, is "purely religious rally" where politicians have been invited but won't be allowed to address the crowd. (AP Photo/Bullit Marquez)
Britain London 2... Backdropped by the historic Tower Bridge, a giant Olympic Rings floats on the River Thames in London in the run-up for the Olympic games, during its launch to mark 150-days until the start of the London 2012 Olympic games, Tuesday, Feb. 28, 2012. The museum warship ship HMS Belfast battleship, at right. (AP Photo/Sang Tan)
Volvo Ocean Race... In this photograph provided by the Volvo Ocean Race, Casey Smith from Australia ducks his head in anticipation of the coming torrent of water onboard PUMA Ocean Racing powered by BERG, skippered by Ken Read of the USA, during leg 4 of the Volvo Ocean Race 2011-12, from Sanya, China, to Auckland, New Zealand, on Tuesday, Feb. 28, 2012 (AP Photo/Amory Ross/Volvo Ocean Race)
Russia Palace Fi... Firefighters extinguish fire in the Beloselsky-Belozersky Palace in downtown St. Petersburg, Russia, Tuesday, Feb. 28, 2012, with one of the four famous horse sculptures of the Anichkov Bridge on the Fontanka River in the foreground.(AP Photo/Dmitry Lovetsky)
India Strike Kashmiri Muslim women workers of Accredited Social Health Activist (ASHA) shout slogans against the government during a one-day general strike in Srinagar, India, Tuesday, Feb. 28, 2012. Shops and banks were closed, factories shuttered and traffic sparse in major cities across India during an industrial strike Tuesday called by trade unions against the government. Eleven major trade unions called for the strike to protest against rampant inflation. (AP Photo/Dar Yasin)
NASCAR Daytona 5... Matt Kenseth celebrates in victory lane during Monday's NASCAR Daytona 500 auto race in Daytona Beach, Fla.,Tuesday Feb. 28, 2012. (AP Photo/Lesley Ann Miller)
Mexico Independe... City police stand guard next to the "Pillar of Light" monument in Mexico City, Mexico, Monday, Feb. 27, 2012. The soaring independence monument has been mired in controversy after it was supposed to be ready for Mexico's 2010 bicentennial, but came in nearly 1 1/2 years late and way over budget. (AP Photo/Dario Lopez-Mills)
Russia Pancake W... People watch fireworks during an effigy of Lady Maslenitsa burning during celebrations of Maslenitsa, or Pancake Week in St.Petersburg, Russia, Sunday, Feb. 26, 2012. Maslenitsa is a traditional Russian holiday marking the end of winter that dates back to the pagan times. (AP Photo/Dmitry Lovetsky)
Greece Europe We... A small Greek Orthodox church is seen during a snowfall on the mountain of Penteli in northern Athens, Tuesday, Feb. 28, 2012. Ferry services have been canceled at three main ports, as high winds and a bout of winter weather dumped snow around the country. (AP Photo/Thanassis Stavrakis)
South Korea Inde... An unidentified South Korean man hangs a national flag on a tree to celebrate March First Independence Movement Day, the anniversary of the 1919 uprising against Japanese colonial rule, in Seoul, South Korea, Wednesday, Feb. 29, 2012. (AP Photo/Ahn Young-joon)
Spain Protest Riot police officers take positions as garbage containers burn during clashes following a demonstration in Barcelona, Spain, Wednesday, Feb. 29, 2012. Spanish students in Barcelona clashed Wednesday with police and set fire to garbage containers during nationwide protests against education spending cuts. (AP Photo/Marta Ramoneda)
India Urban Chil... An Indian child sits on metal rods outside her home in a slum area in Mumbai, India, Wednesday, Feb. 29, 2012. Millions of children are growing up in squalid urban areas and denied basic services despite living close to them, the United Nations Children's Fund said Tuesday. UNICEF said children living in slums and shantytowns often lack water, electricity and health care and it urged policy makers to ensure urban planning meets the needs of children. (AP Photo/Rajanish Kakade)
India Economy Unemployed Indian women hold out forms as they crowd at the Employment Exchange Office (EEO) in Allahabad, India, Wednesday, Feb. 29, 2012. The state government office offers job placement to the registered unemployed applicants when positions become available.(AP Photo/Rajesh Kumar Singh)
Russia Europe We... The sun shines through the clouds during a gloomy day in Moscow with the view of Moskva river and the Christ the Saviour Cathedral, in Russia, Tuesday, Feb. 28, 2012. (AP Photo/Mikhail Metzel)
Spring Baseball Los Angeles Angels players pose for a picture for team photographer Debora Robinson during the team's photo day before a spring training baseball workout Wednesday, Feb. 29, 2012, in Tempe, Ariz. (AP Photo/Morry Gash)
Vatican Secret A... This picture publicly distributed by the Vatican Secret Archives on Wednesday, Feb. 29, 2012, shows the storehouse of the Vatican Secret Archives. The "Lux in Arcana" (Light in secret matters) exhibition at Rome's Capitol Hill will bring into the public domain for the first time in 400 years 100 original historic documents from the Vatican Secret Archives. The exhibition will open to the public on March 1 through September 2012. (AP Photo/Giovanni Ciarlo, ho)
Borgata Leap Day... Base jumper Othar Lawrence parachutes to the ground after jumping off the top of the The Water Club hotel in Atlantic City, N.J., Wednesday, Feb. 29, 2012. People jumped off tall buildings all around the country Wednesday, but no one got hurt. It was all part of a Leap Day promotion being filmed for an energy drink commercial. In Atlantic City, two parachutists jumped off the top of The Water Club, the Borgata’s luxury hotel, and landed safely in the parking lot. Similar jumps were planned in Miami, Detroit, Las Vegas and other cities.(AP Photo/Mel Evans)
Czech Student Pr... Several thousand students gather to protest against planned educational reforms in Prague, Czech Republic, Wednesday, Feb. 29, 2012. tha Prague Castle is in the background. Students and universities fear new plans would give politicians more power over their operations and are upset over proposed changes introducing fees for the first time. (AP Photo/Petr David Josek)
Severe Weather People try to salvage what they can after a tornado destroyed homes in their neighborhood Wednesday, Feb. 29, 2012, in Harrisburg, Ill. The tornado that blasted Harrisburg, killing six, was an EF4, the second-highest rating given to twisters based on damage. Scientists said it was 200 yards wide with winds up to 170 mph. (AP Photo/Seth Perlman)
School Shooting ... Students and parents march to the high school in Chardon, Ohio, Thursday, March 1, 2012 to honor the three students who were killed in a shooting there Monday, Feb. 27. The school re-opened to parents and students Thursday and classes resume Friday. (AP Photo/Mark Duncan)
NY Winter Weathe... Cross-country skiers take advantage of fresh snow at Capital Hills Golf Course in Albany, N.Y., on Thursday, Mar. 1, 2012. Residents in parts of eastern New York dug out from the season's first major storm and thousands of students had a rare snow day Thursday as nearly a foot of snow fell across the region. (AP Photo/Mike Groll)
ritain London Me... Members of the 'In and Out' club, celebrate the club's 150th anniversary, with a parade in central London, Thursday, March 1, 2012. Officially know as the Naval and Military Club, the club, established in 1862, is one of London's oldest and most prestigious private members' clubs. The anniversary festivities were presided over by Prince Philip, the club's president. (AP Photo/Lefteris Pitarakis)
Hogwarts Castle ... Stuart Craig, production manager, unveils a model of Hogwarts castle at the Warner Bros Studio Tour, Watford, London, Thursday, March 1, 2012. The Hogwarts castle model was built for the first film 'Harry Potter and the Philosopher's Stone', it was created for aerial photography and was digitally scanned for CGI scenes. It took 86 artists and crew members to construct, it measures over 50 feet in diameter and has over 2,500 fibre optic lights. (AP Photo/Jonathan Short)
Spring Charms Spring charms are seen on display for sale in Bucharest, Romania, Wednesday, Feb. 29, 2012. After the coldest winter in decades, millions of East Europeans are welcoming in the spring, following centuries-old pagan customs. People across Romania, Bulgaria and Moldova planned to take advantage of a thaw to buy and give charms to celebrate March 1, a day that symbolizes spring and hope.(AP Photo/Vadim Ghirda)
Cambodia Scrap C... A lotus flower blooms on a pond behind rental shelters of Cambodian scrap collectors near a garbage dump at Choeung Ek complex, on the outskirts of Phnom Penh, Cambodia, Thursday, March 1, 2012. (AP Photo/Heng Sinith)
Germany Applied ... People walk in an interactive video installation in the exhibition 'From art nouveau to the present day' during a press preview in the Grassi Museum for Applied Arts in Leipzig, central Germany, on Thursday, March 1, 2012. The focus comprises exhibits acquired from the 1900 World Exhibition in Paris, France, as well as objects from the Silzer collection on the theme of Art Nouveau. Featuring some 1,500 objects displayed over 1,200 square meters documents the development of applied arts and design since the end of the 19th century. The exhibition starts on March 4, 2012. (AP Photo/Jens Meyer)
Alpine Skiing Wo... Norway's Kjetil Jansrud is airborne as he speeds down the course during training for an alpine ski, men's World Cup downhill, in Kvitfjell, Norway, Thursday, March 1, 2012. (Ap photo/Alessandro Trovati)
Traditional Shik... Tourists enjoy a traditional shikara boat ride near water fountains in Dal Lake in Srinagar, India, Thursday, March 1, 2012. Set in the Himalayas at 5,600 feet above sea level, Kashmir is a green, saucer-shaped valley full of fruit orchards and surrounded by snowy mountain ranges. About 100 lakes dot its highlands and plains. (AP Photo/Dar Yasin)
'Light on the Al... A woman looks on outside her house next to the word "Beautiful" in an alley (viela), in the Brasilandia favela of Sao Paulo February 29, 2012. Six alleys in the favela are painted by Spanish artist group Boa Mistura as part of their "Light on the Alleys" project, which aims to modify rundown communities by using art as a tool for change in their daily lives. (REUTERS/Nacho Doce)
South Korea Chin... South Korean human right activists light candles during a rally to demand release of North Korean refugees captured in China near the Chinese Embassy in Seoul, South Korea, Friday, March 2, 2012. The protesters called for China not to send North Korean refugees back to their country, saying those refugees might be executed. (AP Photo/Ahn Young-joon)
Germany Aircraft... The remains of an aircraft are seen in a forest in Egelsbach near Frankfurt, Germany, Thursday, March 1, 2012. The plane coming from Linz in Austria crashed into the forest just before the landing. Five people were on board, all of them are feared to be dead. (AP Photo/Michael Probst)
Cuba Cigar Festi... Workers roll cigars as images of Fidel Castro and revolutionary hero Ernesto 'Che' Guavara decorate the table at the Cohiba cigar factory during a press tour as part of the annual Cigar Festival in Havana, Cuba, Thursday March 1, 2012. Sales of Cuba's famed cigars are hot, despite continued recession fears in Europe, and a U.S. embargo that bars American aficionados from legally lighting up. While Europe remains the top market for such signature Cuban brands as Cohiba, Montecristo, and Romeo y Julieta, sales in Asian nations including China are growing rapidly. (AP Photo/Javier Galeano)
India Kashmir Fe... Kashmiri Muslim offer Friday prayers outside the shrine of Syed Abdul Qadir Jilani in Srinagar, India, Friday, March 2, 2012. Thousands of devotees prayed on the eighth day of an eleven-day festival to mark the saint's Urs, or yearly commemoration. (AP Photo/ Dar Yasin)
Japan Tallest To... The Tokyo Sky Tree, the world's tallest freestanding broadcast tower, stands after its completion in Tokyo Friday, March 2, 2012. The 634 meters (2,080 feet) tall tower is planned to be opened to the public on May 22. (AP Photo/Itsuo Inouye)
China Air Qualit... In this photo taken through a glass window on Thursday, March 1, 2012, peak hour traffic snake along an elevated road in Beijing, China. On Friday, March 2, 2012, a senior environmental official said two-thirds of Chinese cities will fall short of stricter air quality standards released this week that include measurements of fine particles. (AP Photo/Ng Han Guan)
India Kashmir Po... New recruits of Jammu and Kashmir Police participate in a passing-out parade ceremony in Manigham, 34 kilometers (21 miles) northeast of Srinagar, India, Friday, March 2, 2012. About 435 police officers have completed a twelve-month training for controlling street protests in Indian-controlled Kashmir, police said Friday. (AP Photo/Dar Yasin)
Slackline A man performs on a slackline at a park in Lima February 29, 2012. Teenagers are introducing slacklining to Lima's parks as an activity to develop concentration and balance. (REUTERS/Pilar Olivares)
Winter Weather Benny Nadeau of Moody Beach, Maine, heads out to the water at Gooch's Beach to take advantage of heavy surf kicked up by a winter storm, Thursday, March 1, 2012, in Kennebunk, Maine. (AP Photo/Robert F. Bukaty)