BMW luxury car logos are pictured in a spare part store at a BMW garage in Niderwangen near Bern, May 24, 2012. REUTERS/Pascal Lauener/Files

Mercedes, BMW chase ultra rich clients with new cars

Premium auto maker BMW unveiled a luxury concept sedan to gauge customer appetite for a car that would cost more than German manufacturer's current flagship 7 series limousine.  Full Article 

Abdullah widens lead in Afghan presidential vote - latest count 10:07pm IST

KABUL - Former foreign minister Abdullah Abdullah's lead in the Afghan presidential race has widened, the latest official tally of votes released on Sunday showed, although half of the votes have yet to be counted.

An armed man sits on a rock at a checkpoint that was the scene of an overnight gunfight near the city of Slaviansk April 20, 2014. REUTERS/Gleb Garanich

Ukraine attack shakes fragile Geneva accord

At least three people were killed in a gunfight in the early hours of Sunday near a Ukrainian city controlled by pro-Russian separatists, shaking an already fragile international accord that was designed to avert a wider conflict.  Read |  Video: Ukraine gunfight shakes truce  

Private security guards move a barricade outside a closed plant of Toyota Motor Corp's India unit near Bangalore March 18, 2014. REUTERS/Stringer/Files
Standoff Ends

Karnataka govt orders Toyota to resume work

Karnataka government has ordered Toyota Motor and its union to resume work at its local factories immediately after a month-long standoff between the Japanese auto maker and its workers, the company said. The move comes after many unionised workers at Toyota's two Indian plants near Bangalore refused to return to work despite the ending of a lockout last month over a pay row.  Full Article 

Stanislas Wawrinka of Switzerland holds up his trophy after winning the final match against his compatriot Roger Federer at the Monte Carlo Masters in Monaco April 20, 2014. REUTERS/Eric Gaillard

Wawrinka beats Federer in Monte Carlo final

Stanislas Wawrinka signalled his French Open ambitions when he beat Roger Federer 4-6 7-6 (5) 6-2 in an all-Swiss Monte Carlo Masters final on Sunday.  Full Article 

Actors Chris Evans (R) and Sebastian Stan (3rd R) pose for photographs with a man dressed as Captain America on the floor of the New York Stock Exchange April 1, 2014. REUTERS/Brendan McDermid

'Captain America' again wins U.S. box office

Marvel's superhero in "Captain America: The Winter Soldier" claimed a third straight box office win, collecting $26.6 million at the domestic box office to beat the colorful birds of animated film "Rio 2," which generated $22.5 million in ticket sales.  Full Article 

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FORMULA ONE

Shashank Chouhan

Promises and more promises: India’s parties pitch their visions

Campaign season in India means it’s also promise season, and political parties aren’t short on pledges. There has been plenty of coverage of the manifestos from the biggest national parties, Congress and the BJP, so here are some highlights from the others.  Full Article 

Deepak Yohannan

Third party premium for motor insurance increased

The premium for third party insurance is set by the insurance regulator. The problem is that companies know the portfolio will be bleed and hence, avoid taking risks as much as possible. There is also a lack of awareness, especially among owners of two-wheelers, who end up not insuring their vehicle every year.  Full Article 

Diageo throws money at Indian empire-building

Diageo throws money at Indian empire-building

Diageo is engaging in some expensive empire-building in India. An under-powered tender offer meant an earlier attempt to take control of Vijay Mallya’s United Spirits was only partially successful. Now the world’s biggest spirits maker has more than doubled the price it is willing to pay, offering $1.9 billion to raise its stake to 54.8 percent from 28.8 percent.  Commentary 

Paul Donovan

The Reform Club

In one sense, the fact that ambitious global reforms are likely to be more modest in reality is to be welcomed. The most successful reforms tend to be those reforms that are undertaken against a backdrop of economic growth elsewhere in the world. If three-quarters of the world were to try and reform all at once, there would be no external growth left to ease the pain of adjustment, writes Paul Donovan.   Full Article 

Neal Gabler

America: The anecdotal nation

Americans seem to have a greater fondness for anecdotes than citizens of any other nation. Newscasts have human-interest segments; no recent State of the Union address is complete without the president pointing up to the gallery and telling stories of his guests there. Though many anecdotes are harmless, they can be worrisome when it comes to public policy.  Commentary 

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