BENGALURU - India's services industry grew for a second month in August but optimism fell to its lowest level since late 2005, a survey showed on Thursday, keeping pressure on the Reserve Bank for another rate cut later this month to bolster a slowing economy.
MUMBAI - The Reserve Bank of India (RBI) has hired a former Nomura algorithmic trader, officials said, taking a rare step to recruit externally as it seeks expertise needed to make India's financial markets deeper and more responsive to monetary policy moves.
Migrants forced from a train in Hungary scuffled with helmeted riot police and some clung to railway tracks on Thursday, as politicians across Europe struggled to respond to public opinion appalled by images of a drowned 3-year-old boy. Full Article
Samsung Electronics said on Thursday it would make its next smartwatch technology available to its competitors who also use Google Inc's mobile platform Android, hoping to increase its share of the market, which is now dominated by Apple Inc. Full Article
Muslim Brotherhood lawmaker Mohammad al-Falahgi was arrested on terror charges in 2013 and held in prison, but never convicted. Earlier this year, after pleading for medical help, he died "handcuffed to the hospital bed," according to his son Osama. Falahgi's family believes his death was deliberate, a way for the Egyptian state to deal with a prisoner it wanted to get rid of. Full Article
A Pakistani court has rejected a petition to send back to India a deaf-mute woman who lost her family when she wandered over one of the world's most militarised borders as a child, saying the two nations should resolve the issue diplomatically. Full Article
Oh Baby! Justin Bieber's comeback is getting off to an emotional start with the Canadian pop sensation showcasing his sensitive side as he seeks to put his bad boy past firmly behind him. Full Article