Prime Minister Narendra Modi on Thursday announced a 7.5 billion rupee ($120 million) relief package for flood-hit Kashmir as his Bharatiya Janata Party seeks to expand support beyond the mainly Hindu lowlands of Jammu. Full Article
SEATTLE - Microsoft Corp said on Thursday fiscal first-quarter profit fell 13 percent as it took a $1.1 billion charge related to mass layoffs announced in July.
Sentiment towards emerging Asian currencies improved in the past two weeks with long positions in the rupee near a five-month high, a Reuters poll showed, amid views that the U.S. Fed will hold off on interest rate hikes for a longer time. Bullish bets on the rupee grew to the largest since early June as capital inflows were spurred by hopes the new government would push through more reforms. Full Article
Canadian Prime Minister Stephen Harper pledged more surveillance and detention powers for security forces in Canada on Thursday after a gunman killed a soldier and raced through parliament before being shot dead. Full Article | In Pics: After the Ottawa attack
China's Communist Party unveiled legal reforms aimed at giving judges more independence and limiting local officials' influence over courts, but it made no mention of the fate of its former domestic security chief who is under investigation for corruption. Full Article
Clashes between Real Madrid and Barcelona are rarely short on drama and Saturday's La Liga 'Clasico' may have more than its usual share with Luis Suarez poised to return from a biting ban and Barca team mate Lionel Messi on the brink of equalling the top-flight scoring record. Full Article | Key head-to-heads in the La Liga 'Clasico'
Peace Laureate's Call
Countries around the world should cut their defence budgets and invest in education if child labour is to be eradicated, said Nobel laureate Kailash Satyarthi. Satyarthi founded the charity Bachpan Bachao Andolan (Save the Childhood Movement) in 1980 and has helped rescue over 80,000 children - many of whom were trafficked from poor rural villages. Full Article
Dr. Margaret Chan, who leads the WHO, sent her chief of staff to a WHO regional conference in Manila to spotlight something we rarely keep in our conscious mind and don’t, collectively, do much about: Inequalities can be a matter of ever-longer life, or a most miserable death: Inequalities can be a matter of ever-longer life, or a most miserable death. Commentary
America — proudly dubbed the “indispensable nation” by its national-security managers — is now the entangled nation enmeshed in conflicts across the globe. The indispensable nation is permanently engaged across the globe. But endless war undermines the Constitution. Commentary
Cheaper oil won’t be much of a tonic for Asian economies. While painful for exporters, sliding prices should benefit consumers of crude. For most in the region, though, less expensive oil is mainly a sign that growth is stalling. The big exceptions are India and Indonesia. For them, the price slide over the past 4 months translates into significant budgetary savings. Full Article
Actor Keanu Reeves travels to a murky underworld in the action thriller, "John Wick," playing a grieving husband and retired assassin, who reverts to being a killing machine to avenge the wrongs done to him by Russian mobsters. Full Article