A man walks past steel rims and parked cars at a dock yard at Mumbai Port Trust in Mumbai November 17, 2014.  REUTERS/Shailesh Andrade/Files

India says to shake up trade tariffs to compete globally

India plans to pull its tariff regime closer in line with global norms to prepare for new regional trade pacts being negotiated by advanced economies, the government said on Wednesday.  Full Article 

Beef traders call off strike, look to courts 01 Apr 2015

MUMBAI - Faced with dwindling business, beef traders called off a month-long strike against a beef ban on Wednesday and decided to mount a legal challenge to the government.

The logo of Mahindra & Mahindra Ltd is pictured on the pocket of a salesman's shirt as he poses inside the company's showroom in Mumbai August 13, 2013. REUTERS/Danish Siddiqui/Files

M&M says to stop selling vehicles in Brazil

Mahindra & Mahindra Ltd has stopped selling pick-up trucks and sports utility vehicles in Brazil, seven years after it entered the market, due to factors including changes in local regulations, an executive said.  Full Article | Graphic: One-year performance of M&M shares 

A man shows a packet of government-supplied 'Nirodh' condoms after collecting it from a distribution center at a hospital in New Delhi April 1, 2015.  REUTERS/Adnan Abidi
Sexual Wellness

India's Nirodh condoms to get visual facelift

When it comes to the wrappers of government-supplied condoms, boring is out, attractive is in, but erotic is too much. India is readying a redesign of the staid packaging of its half-century-old condom brand, incorporating pictures of handsome men and gorgeous women, in a desperate bid to seduce customers drawn to fancier versions sold by private firms.  Full Article 

RBI chief Raghuram Rajan arrives for a news conference at the bank's headquarters in Mumbai September 4, 2013. REUTERS/Danish Siddiqui/Files
Monetary Policy

RBI to hold repo rate next week - Reuters poll

The Reserve Bank of India (RBI) will most likely leave its benchmark interest rate unchanged at 7.50 percent at next week's policy meeting, but reduce it by 25 basis points by the end of June, a Reuters poll found. Only nine of the 40 economists surveyed this week expect the RBI to cut the repo rate at the April 7 meeting, while four said it would lower banks' cash reserve ratio to boost their lending power.  Article 

Reliance Industries' Chairman Mukesh Ambani (R) poses with his wife Nita Ambani before addressing the company's annual general meeting in Mumbai June 7, 2012. REUTERS/Vivek Prakash/Files

Indian firms mock gender diversity - analysts

Corporate India has made a mockery of an order to appoint women directors by recruiting wives, daughters and stepmothers, analysts say. Despite a last-minute rush of appointments to meet the April 1 deadline, more than 200 firms have not complied, and many have responded by installing company bosses' female relatives with no professional experience, analysts say.  Full Article 

Sri Lankan President Maithripala Sirisena (Left) shakes hands with Chinese President Xi Jinping (Right) during a signing ceremony in the Great Hall of the People on March 26, 2015 in Beijing, China.  REUTERS/Feng Li-Poo/Pool/Files

China offers over $1 bln in grants to Sri Lanka

China has pledged over $1 billion in new grant money to Sri Lanka after a Chinese luxury real estate project in the capital Colombo was suspended, a Sri Lankan government spokesman said. India has raised security concerns over the Chinese land ownership.  Story 

Tribal women farmers in Kunavaram, in Andhra Pradesh state, hold some of the silk moths and cocoons they raise. THOMSON REUTERS FOUNDATION/Stella Paul
Climate Change Impact

Erratic weather threatens India's silk producers

Tribal families rear silkworms to earn money – but climate change is making that much harder. Government data suggests the weather threat to silkworm production is growing. Last October, the east coast of India was ravaged by Hud Hud, a cyclone that caused 10.7 million rupees damage to the silk industry, the Andhra Pradesh government said in a statement.  Full Article 

Thailand's Prime Minister Prayuth Chan-ocha (centre L) and General Udomdej Sitabutr (centre R) review honor guards during a handover ceremony for the new Royal Thai Army Chief, Udomdej, at the Thai Army Headquarters in Bangkok September 30, 2014. REUTERS/Athit Perawongmetha/Files

Thailand's ruling junta lifts martial law

Thailand's ruling junta announced in a televised statement on Wednesday that it had lifted martial law, in place across the country since just before a coup 10 months ago.  Full Article 

Latest Headlines

Natural Disaster

Villagers try to pull the bodies of victims from the rubble after a hillside collapsed onto a house at Laden village, west of Srinagar, March 30, 2015. REUTERS/Danish Ismail

As more flooding looms, Kashmir remains vulnerable to disaster

As Kashmir braces for what could be its second major flood in 6 months, residents are worried that inadequate flood-control infrastructure in the region could see them facing yet more death and devastation.  Full Article 

Mohamad Bazzi

How Yemen became the front line of a Mideast-wide war

In the early morning of Mar. 26, Saudi Arabia went to war against the Houthi rebels in Yemen. In doing so, Saudi leaders opened the latest chapter in a long history of meddling and influence over their southern neighbor. Since Saudi Arabia was founded in the 1930s, its leaders have tried to keep a friendly regime in power in Yemen and to prevent it from posing a threat to Saudi interests.   Opinion 

Vikas Purohit

Indian designers will create new products for online shoppers: Amazon India fashion head

The e-commerce industry in India is expected to cross $100 billion in the next four years. Can designer wear be successful in the medium that attracts many of its users because of discounts? Vikas Purohit, head of fashion at Amazon India, foresees the country’s top designers creating products especially suited to online retail.  Full Article 


Cinderella’s new moral: Be rich or be a pumpkin

Cinderella marriages are getting to be as rare as golden coaches. Economist Jeremy Greenwood has found that your chances of marrying outside your income bracket have been dropping since the 1950s because of something called assortive mating, which means that we are increasingly drawn to people in similar circumstances. Inequality has grown and mobility has stalled.  Commentary