Inflation hits 17-month high, industrial output falls again

India's retail inflation unexpectedly edged up to a 17-month high in January, while industrial production contracted at a faster-than-expected pace in December, underscoring imbalances lurking in Asia's third-largest economy.

India prods steelmakers to use local coal to cut $4 bln import bill 6:42pm IST

NEW DELHI India is asking the country's big steelmakers to consider converting local medium-quality coal into premium coking coal to slash an annual import bill of more than $4 billion for buying that grade from countries such as Australia and South Africa.

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IPCC Working Group III Chairman Rajendra Pachauri attends a news conference to present Working Group III's summary for policymakers at The Intergovernmental Panel on Climate Change (IPCC) in Berlin April 13, 2014. REUTERS/Steffi Loos/Files
Thomson Reuters Foundation

Pachauri likely to be charged for harassment

Police are expected to charge renowned climate scientist Rajendra K. Pachauri with crimes related to sexual harassment within the next two weeks after a year-long investigation into the case, a Delhi court heard.  Full Article 

A man carrying a gas cylinder walks out of the research and development centre of Sun Pharmaceutical Industries Ltd in Mumbai May 29, 2014. REUTERS/Danish Siddiqui/Files

Sun Pharma to wind down JV with Merck

India's largest drugmaker, Sun Pharmaceutical Industries Ltd, and Merck & Co Inc have agreed to call off their joint venture to develop branded generics for emerging markets due to changes in priorities, the Indian firm said.  Full Article | Quote 

A saleswoman shows a gold earring to customers at a jewellery showroom in Mumbai, India, July 21, 2015. REUTERS/Shailesh Andrade/Files
Gold

As gold price soars, India, China show little love

As gold trades near its highest in a year on a wave of safe-haven buying, traditionally active buyers of physical gold in the major Asian markets have shown little interest so far.  Full Article 

Myanmar's National League for Democracy leader Aung San Suu Kyi leaves after she attended as an observer for opening of the new upper house of parliament in Naypyitaw February 3, 2016.  REUTERS/Soe Zeya Tun/files
Asia

Transition talks hit a snag in Myanmar

The mood of goodwill evident in early talks between Aung San Suu Kyi and Myanmar's military over the country's transition to democratic government has soured, as tensions rise over how to divide up power and deal with the legacy of junta rule.  Full Article 

Copies of "The Independent" newspaper are displayed for sale at a store in London, Britain February 12, 2016. REUTERS/Neil Hall

UK's The Independent goes online-only

Britain's Independent newspaper is to disappear from news stands next month after its Russian owner said the 29-year-old title would only publish online, in the starkest sign yet of the pressures weighing on the newspaper industry.  Full Article 

 An Islamic State flag hangs amid electric wires over a street in Ain al-Hilweh Palestinian refugee camp, near the port-city of Sidon, southern Lebanon January 19, 2016. Reuters/Ali Hashisho/Files
Pakistan

Pakistan denies "organised presence" of IS

Different officials in Pakistan's government have taken seemingly contradictory stands on Islamic State's influence in the country, after a rare warning by an intelligence chief that the Middle East-based militant group posed a domestic threat.  Full Article 

Residents of the Surco neighbourhood hold signs against Zika virus during a fumigation of the cemetery of Surco to prevent Zika virus and other mosquito-borne diseases in Lima, Peru February 5, 2016. REUTERS/Mariana Bazo
Zika Virus Outbreak

U.S., India lead Zika vaccine race

World Health Organization (WHO) said U.S. government scientists and an Indian biotechnology company were currently frontrunners in vaccine development, although it would take at least 18 months to start large-scale clinical trials of candidate shots.  Full Article 

Handout still from "Fitoor"

Tabu steers 'Fitoor' with confident performance

Kashmir replaces the marshlands and Hazrat Begum is the Miss Havisham of this tale based on Charles Dickens‘ "Great Expectations". Pip is Noor Nizami, a wisp of a boy who lives with his sister and her husband and paints in his spare time. Katrina Kaif plays Firdaus, the ice maiden who thaws and freezes again depending on circumstances.  Movie Review by Shilpa Jamkhandikar 

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