Saheema Akhtar (C), wife of Mohammed Amin Pandith, a village council head, who was killed by militants, sits with relatives inside her house in Gulzarpora, south of Srinagar April 23, 2014. REUTERS/Danish Ismail

Kashmiris wary as Modi challenges for power

The general election, staggered over several weeks and ending on May 12, may well propel Hindu nationalist leader Narendra Modi to power, a prospect that has Kashmir's 12.5 million people scrabbling to determine what it would mean for them.  Full Article | Full Coverage 

Facebook Q1 revenue grows 72 percent on rising mobile ads 9:58am IST

SAN FRANCISCO - Facebook Inc's mobile advertising business accelerated in the first three months of the year, helping the Internet social networking company top Wall Street's financial targets.

A portrait of the Facebook logo in Ventura, California December 21, 2013. REUTERS/Eric Thaye/Files

Facebook Q1 revenue grows 72 percent

Facebook Inc's mobile advertising business accelerated in the first three months of the year, helping the Internet social networking company top Wall Street's financial targets. Facebook said that mobile ads represented 59 percent of its ad revenue in the first quarter, up from 30 percent in the year-ago period.  Full Article | Full Coverage 

Real Madrid's Karim Benzema (L) scores against Bayern Munich's goalkeeper Manuel Neuer during their Champions League semi-final first leg soccer match at Santiago Bernabeu stadium in Madrid April 23, 2014. REUTERS/Darren Staples

Benzema strike gives Real edge over Bayern

Real Madrid struck early through Karim Benzema and comfortably held Bayern Munich at bay to beat the holders 1-0 and move a step closer to a first Champions League final in 12 years.  Full Article | Related Story 

U.S. President Barack Obama (R) waves next to Japan's Prime Minister Shinzo Abe after dinner at Sukiyabashi Jiro restaurant  in Tokyo, April 23, 2014. REUTERS/Larry Downing

Obama seeks to ease Asian allies' doubts

President Obama will use a state visit to Japan on Thursday to try to reassure Tokyo and other Asian allies of his commitment to ramping up U.S. engagement in the region, despite Chinese complaints that Washington's real aim is to contain Beijing's rise.  Full Article 

Commander of the Slaviansk self-defence battalion Vyacheslav Ponomaryov addresses the media at the mayor's office in Slaviansk in this April 14, 2014 file photo. REUTERS/Gleb Garanich/Files
Ukraine

Revolt shows faces, but whose are the brains?

One is a dapper former croupier and promoter of Ponzi scams run by "Russia's Bernie Madoff"; the other is a burly Soviet Navy veteran turned soap factory boss, with a shifting gaze and a glint of gold teeth. Denis Pushilin and Vyacheslav Ponomaryov have become the unmasked faces of the pro-Russian separatist movement in eastern Ukraine.  Full Article 

Cast member Sam Claflin takes a selfie, as he poses with a fan in Los Angeles, California November 18, 2013. REUTERS/Mario Anzuoni/Files

A Minute With: Sam Claflin on 'Hunger Games'

Sam Claflin has fought pirates and participated in a "Hunger Games" battle-to-the-death, but in his latest film, the British actor takes on the frightening consequences of the supernatural.  Full Article 

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CINEMA

A handoout still from 'The World Before Her'

Guns and Gowns: Two faces of Indian woman

Nisha Pahuja‘s film “The World Before Her” juxtaposes two training camps - one for the Durga Vahini (army of Durga), the women’s unit of the right-wing Vishva Hindu Parishad (World Hindu Council), and the other for the Miss India beauty pageant. Pahuja wanted to make a film that would explore a common theme in two worlds that at first look like they are opposites.   Full Article 

Mahamet, a 17-year-old Syrian boy from Azaz, waits for customers in front of the jewellery shop where he works as a translator in Kilis on the Turkish-Syrian border March 18, 2014. REUTERS/Murad Sezer/Files

Election cash restrictions to dent gold imports

India's gold imports in April and May could be less than half of arrivals in March, as restrictions on the movement of cash during general elections dent the buying power of consumers, jewellery industry officials said. Gold arrivals in both April and May could plunge to 20 tonnes, from March imports of 50 tonnes.  Full Article 

Andy Mukherjee

Missing inflation could make Asian bonds frothier

When inflation picks up, so do bond yields, which drives prices of those bonds down. Before the 2008 crisis, consumer prices in Asia were rising at a faster-than-anticipated pace. Investors demanded more compensation for holding paper with fixed-rate returns, and policy-makers raised short-term rates, so yields on sovereign debt surged.  Full Article 

A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai February 6, 2014. REUTERS/Mansi Thapliyal/Files

Why IT, pharma stocks are not pariahs

Expectation that the ongoing general election will throw up a stable government has spurred a return to risk in domestic equities. Assuming a strong government is indeed voted in, will it mean the IT and pharma sectors will become market pariahs? Unlikely, writes Mukesh Agarwal of CRISIL.  Full Article 

John Foley

Graft purges don’t hurt shareholders - insiders do

China Resources chairman Song Lin has been sacked for disciplinary violations, leaving an empire with $150 billion in assets leaderless. Though China’s state-company bosses will quake in their loafers, the damage to investors looks manageable. The real problem is a wider culture that treats outside shareholders as an afterthought.  Full Article