Rapid Action Force (RAF) personnel patrol a road near to the residence of Yakub Memon, in Mumbai, India, July 30, 2015. REUTERS/Shailesh Andrade

India hangs Yakub Memon for 1993 Mumbai blasts

India hanged Yakub Memon on Thursday for his role in the country's deadliest bombings, which killed 257 people in Mumbai in 1993, after the Supreme Court threw out his final plea for a stay of execution.  Full Article | Video 

India's jewellery exports can quintuple to $40 billion if controls tightened 3:57pm IST

NEW DELHI - India's gold jewellery exports could jump five times to $40 billion per year by 2020 if quality controls are tightened, the World Gold Council (WGC) said, adding the country is punching below its weight due to questions over the purity of its products.

A security guard stands in the lobby of the Reserve Bank of India (RBI) headquarters in Mumbai July 30, 2013. REUTERS/Vivek Prakash/Files
Monetary Policy

RBI to hold rates on Aug 4 - Reuters poll

The Reserve Bank of India (RBI) is unlikely to loosen policy before October, particularly with retail inflation at an eight-month high after food prices spiked, a Reuters poll of economists found. A majority of economists also said the tone of this month's central bank policy statement would be unchanged from June's.  Full Article 

Security personnel stand at the site of a gunfight in Dinanagar town in Gurdaspur district of Punjab, July 27, 2015. REUTERS/Mukesh Gupta
Punjab Attack

India says Punjab attackers came from Pakistan

The gunmen who stormed a police station and killed seven people in Punjab came from Pakistan, according to preliminary evidence, Home Minister Rajnath Singh told parliament on Thursday.  Full Article 

The Tolonews website runs a story on its front page reporting about news of the death of Taliban leader Mullah Mohammad Omar in Kabul May 23, 2011. REUTERS/Ahmad Masood/Files

Taliban names a new leader, talks delayed

The Taliban have chosen supreme leader Mullah Omar's deputy to replace him, two militant commanders said on Thursday, as Pakistan announced that scheduled peace talks between the insurgents and the Afghan government would be postponed.  Full Article 

French gendarmes and police stand near a large piece of plane debris which was found on the beach in Saint-Andre, on the French Indian Ocean island of La Reunion, July 29, 2015.  REUTERS/Zinfos974/Prisca Bigot

Suspected MH370 debris found off Madagascar

Malaysia is "almost certain" that plane debris found on Reunion Island in the Indian Ocean is from a Boeing 777, the deputy transport minister said on Thursday, heightening the possibility it could be wreckage from missing Flight MH370.  Full Article | Video 

Children play on an embankment in Sundarbans, southeast of Kolkata June 3, 2009. REUTERS/Parth Sanyal/Files
Climate

Rise in 'new-age orphans' in Sundarbans

As climate change brings sea level rise, growing salinity in water and more dangerous storm surges to the Sundarbans region, a rising number of parents are migrating elsewhere in search of work. That has led to a staggering surge in children left behind in school hostels or with grandparents – and a rising epidemic of childhood depression, malnutrition and vulnerability to child trafficking.  Full Article 

Picture taken from the Twitter handle @AmazonUK

Amazon gets Clarkson for new car show

Sacked BBC "Top Gear," host Jeremy Clarkson has signed a deal with Amazon to present a new motoring show alongside his former co-presenters Richard Hammond and James May. Clarkson was fired from the BBC for physically attacking a member of Top Gear's production staff in March.  Full Article 

Latest Headlines

Rupa Rege Nitsure

No economic case for another rate cut soon

Given the fragility of India’s economic recovery, we do not expect an abrupt rise in rates soon, but the probability of rate reduction also looks slim. A bigger concern has to do with the rise of the dollar, which has increased markedly against the rupee over the past year, partly also reflecting its weak external fundamentals.  Full Article 

Richard Beales

The Economist’s elite owners seek elite print run

The widespread carnage in print advertising has not passed The Economist. The title’s cachet and its record may make it easier for wealthy owners to double down on a bet that their publication can succeed where others have failed. It would nevertheless be a contrarian call worthy of The Economist’s own editorial page.  Full Article 

John Foley

Market sirens lead China astray

China's pledges to prop up the stock market are unwise. It didn’t have to be this way. After the benchmark Shanghai Composite index fell 8.5 percent on July 27, the main stock regulator announced it would continue to support the market. Such twitchiness is astonishing. Dark talk of "malicious shorting" adds to the air of a government on the back foot.  Full Article 

The Great Debate

Donald Trump is a superhero – but not in a good way

Donald Trump is a superhero – but not in a good way

What Donald Trump offers is his detestation of the very mechanics of politics — and of democracy itself. He has no time for the negotiations, consensus building, civility and seriousness required in a democracy. The aptly named Trump is telling them that he will trump the entire political system. He’ll replace the mess of politics with a clean sweep of super heroics.  Commentary 

John Lloyd

The whining of the militants

However vexing it may be to watch powerful figures use the blame game to justify their bad actions, the strategy is proving wildly successful. Every one of these strategies – that of the violent Islamists, the Russian president and the Greek prime minister – is popular with the target audience. “It’s not my fault – it’s them.” It’s the new/old slogan.  Opinion 

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