A tax haven, or a place in which certain taxes are imposed either at a low rate or not at all, is the best possible way out for those interested in reducing their tax liabilities.

President Barack Obama has nominated his friend and former room-mate and major campaign fund-raiser Vinai Thummalapally of Colorado Springs, Colorado, as the next US Ambassador to Belize, the only country in Central America where English is the official language.

'Krishna is sure to be a success with his US education and zest for life even at 77. He may well turn out to be the best dressed external affairs minister we ever had.'

Mauritius, country from where large amounts of investments are routed to India, figures among the nations that have substantially implemented tax standards. Among the countries that have committed themselves to the internationally agreed tax standards but have not yet implemented them are Singapore, Switzerland, Bahamas, Bermuda, British Virgin Islands, and Cayman islands.

India smashed a mammoth 392 for four in the third One-Day International in Wellington on Sunday to register their highest total against New Zealand. It easily surpassed the 376 for two they posted against the Kiwis at Hyderabad in November 1999.

Statistical highlights of the third ODI between India and New Zealand in Christchurch on Sunday.

West Indies captain Chris Gayle top-scored with a swashbuckling 110 not out to lead his team to a seven-wicket victory over the host nation in the Canada Cup Tri-Series final in King City, Ontario on Sunday. The left-hander struck 14 fours and six sixes in only 77 balls as the title favourites cruised to 181 for three in reply to Canada's 179 all out in 46.5 overs.

Xavier Marshall hammered a record 12 sixes in an unbeaten 157 to lead West Indies to a 49-run victory over the host nation in the Canada Cup Tri-Series in King City, Ontario on Friday. Batting first at the Maple Leaf Cricket Club, tournament favourites West Indies piled up 303 for four in 50 overs before bowling out Canada for 254.

Controversial Australian umpire Darrell Hair has resigned from the International Cricket Council (ICC) elite umpires panel, an ICC spokesman said on Friday.

After recognising cricket as its national sport, Canada is now seeking Indian expertise to develop the game in the country. Cricket Canada chief Atul Ahuja said the BCCI should appreciate it that it is in the interest of cricket to invest in a neutral country like Canada.

Man-of-the-match Sarwan struck five fours and a six in 58 balls as West Indies totalled 159 for four in reply to Bermuda's 158-9 at the Maple Leaf Cricket Club.

Anju Bobby George broke a billion hearts on Tuesday when she failed to qualify for the final of the women's long jump at the Beijing Olympics after three consecutive foul jumps.

The sequel, which is slated for August 22, will see a westernised Ganesha attired in Bermuda shorts and cap complete with tattoos and a guitar! He also seems to have learnt some English along the way too.

New Zealand thumped minnows Ireland by 290 runs in Aberdeen on Tuesday to register the biggest margin of victory in one-day internationals in the opening match of the Associates Tri-series. New Zealand smashed a mammoth 402 for two in their 50 overs and in reply bowled out Ireland for a mere 112 in 28.4 overs.

Virender Sehwag's superb innings of 119 powered India to a six-wicket win over Pakistan in the Asia Cup. Sehwag scored his ninth one-day hundred in a 198-run second wicket partnership with Suresh Raina (84) to guide India to 301 for four after 42.1 overs in reply to Pakistan's total of 299 for four.

A look at Sachin Tendulkar's career on the occassion of his 35th birthday on April 24, Thursday.

The ICC U/19 Cricket World Cup 2008 semi-final between South Africa and Pakistan was interupted by rain on Friday night with the game very finely poised. Pakistan need another 166 runs to win off 28.1 overs with eight wickets in hand.

Australia entered the final of the Under-19 World Cup Super League play-off despite its semi-final against Bangladesh being abandoned due to rain in Kuala Lumpur. The Aussies will play England in the play-off final thanks to the fact that it had a superior net run-rate throughout the tournament to that of Bangladesh.

After a silence of about three months, Orient-Express Hotels, the Bermuda-based luxury hotel chain, has finally broken its silence on the apology sought by Indian Hotels Company Limited.

Defending champions Pakistan made the grade after a six-wicket victory over Australia while New Zealand got the better of Sri Lanka by 80 runs.

Taruwar Kohli finished unbeaten on 63 as India won by seven wickets and 10.5 overs to spare at the Under-19 World Cup.

The defending champions won a low-scoring ICC Under-19 World Cup game by 27 runs.

New Zealand, Bangladesh and Sri Lanka also tasted victory in Monday's Under-19 World Cup matches.

Terming "unproductive" the public dialogue between the Tatas and Bermuda-based Orient-Express, a key investor has asked the US-listed luxury hotel chain to come clear on its corporate governance structure.

The West Indies established itself as one of the teams to beat in the ICC Under-19 Cricket World Cup with an impressive five-wicket victory over Australia at Club Aman, Kuala Lumpur, in the last round of warm-up matches before the tournament proper gets underway on February 17.

Hedge fund DE Shaw Valence has bought 5.7 per cent stake in Orient-Express and is concerned about the public dispute between OEH and Tata Group.

The Orlando-based Indian golfer reckons he will have to sort out his putting on the grainy Bermuda grass of the Delhi Golf Club he goes into the final two rounds of the Indian Masters.

So while awaiting Chinese government approval to take a controlling 73 per cent interest in China Oriental, ArcelorMittal is also proceeding with another deal that would give it an equally controlling 55 per cent of the company.

Defending champions, England retained their title when they came from behind to get the better of Australia 2-1 in the final of the 21st World Men's Team Squash championship in Chennai on Wednesday.

In a reply to Tatas' proposal for a possible association, Orient-Express, which owns New York's prestigious Club 9 Restaurants and a number of luxury hotel brands in the US and other countries, said in a statement that aligning with Tatas' "predominantly domestic Indian hotel chain" would adversely impact the brand value of its premium properties.

It was a bright Sunday for India as it moved into the quarter-finals of the World Men's Team Squash Championship for the first time by beating Wales, even as arch rivals Pakistan bit the dust at the hands of the Dutch.

Pakistan won their opening match in the World men's team squash championship, beating India 3-0.

Sidin Sunny Vadukut on the not-so-positive side of e-commerce.

Security concerns have persuaded the ICC to postpone women's World Cup qualifiers in Lahore this month.

The once dynamic batsman, playing for India Blue against India Red, fell for 9 after struggling to survive at the crease for 31 minutes.

Mahendra Singh Dhoni holds the unique feat of captaining India in an international match without ever captaining his home teams Bihar and Jharkhand in the Ranji Trophy or any other important domestic cricket match.

Anjan Dutt's film is drab.

Umpires Mark Benson, Billy Bowden and Aleem Dar will stand in the upcoming cricket matches in Ireland, which will also see India and South Africa in action.

He is a longtime Clinton benefactor, who has suddenly found himself thrust into the public domain in the wake of major articles in the New York Times and the Washington Post.

The CEO of infoUSA says the NYT article is a 'hatchet job' to embarrass Hillary Clinton and is motivated by the newspaper's support for Obama.