A man walks past a logo of the Reserve Bank of India (RBI) in front of its building in Kolkata May 21, 2012. REUTERS/Rupak De Chowdhuri/Files

2-step payments for credit cards must for companies

The Reserve Bank of India (RBI) said that all transactions involving domestic credit cards must follow rules requiring additional verification. This could impact companies such as Uber Technologies that provide more simple app-based purchases.  Full Article 

Merkel says tightening Ukraine-Russian border is key to peace deal 6:57pm IST

KIEV - German Chancellor Angela Merkel said on Saturday the standoff over Ukraine could be solved but only if control was tightened over the Ukraine-Russia border across which, the West alleges, Russia has been funnelling arms to help a separatist rebellion.

Villagers stand as they watch the house of one of the two teenage girls, who were raped and hanged from a tree, at Budaun district in Uttar Pradesh May 31, 2014. REUTERS/Anindito Mukherjee/Files
Crime against Women

Forensic report complicates rape, murder case

The Central Bureau of Investigation(CBI) is analysing a forensic report that found that two teenage girls, earlier believed to have been raped before they were murdered, were not sexually assaulted. Images of the cousins, still hanging from a mango tree in a village in Uttar Pradesh, shocked the world in May and threw light on an enduring culture of sexual and caste violence in India.   Full Article 

Narendra Modi after his meeting with President Pranab Mukherjee at the Presidential Palace in New Delhi May 20, 2014.  REUTERS/Adnan Abidi/Files
Governance

Indians keep faith with PM Modi - Poll

More than 70 percent of Indians are satisfied with the leadership of PM Narendra Modi since he took office, an opinion poll showed, seeing in him the best hope to put the economy back on track. The poll by India Today-Hansa Research stands out in contrast with the disappointment that top political economists, including those who advised the Modi campaign, have voiced over his failure to announce big reforms.  Read 

Mercedes Formula One driver Nico Rosberg of Germany drives on the track during the qualification session at the Belgian F1 Grand Prix in Spa-Francorchamps August 23, 2014. REUTERS/Laurent Dubrule
Sports

Rosberg beats Hamilton to pole in Belgium

Formula One leader Nico Rosberg swept to pole position at the Belgian Grand Prix on Saturday with Mercedes team mate and title rival Lewis Hamilton alongside on the front row after a wet qualifying session.  Full Article | Spa remains a track for all the ages 

Stock brokers look at computer screens at a brokerge firm in Mumbai March 23, 2009. REUTERS/Arko Datta/Files

Cipla, BHEL top Sensex gainers this week

The BSE Sensex closed 1.2 percent higher in a week that was marked by two successive record highs for the benchmark. Narendra Modi’s Independence Day speech and easing wholesale inflation boosted sentiment earlier in the week. Buying of Indian equities by foreign investors and a slide in Brent crude prices also helped.  Full Article 

Members of Kurdish security forces take part during an intensive security deployment after clashes with militants of the Islamic State, formerly known as the Islamic State in Iraq and the Levant (ISIL), in Jalawla, Diyala province August 22, 2014. REUTERS/Stringer
Iraq

Shi'ite militia kill dozens of Iraqi Sunnis

Iraqi Shi'ite militia gunned Sunni Muslims in a village mosque, killing dozens just as Baghdad was trying to build a government to fight Sunni militants whose rise has alarmed Western powers.  Article 

Latest Headlines

Anatole Kaletsky

A market roller-coaster is due – just not yet

In the not-too-distant future, investors are certain to suffer some big and painful losses - even if I am right in expecting equity prices to continue rising in the long term. What kind of event is most likely to end this bull run, or at least interrupt it with a setback of 20 percent or more? The answer is a major economic crisis. Another possible trigger would be a substantial interest rate increase.  Commentary 

Anatomy of an air strike: Three intelligence streams working in concert

Anatomy of an air strike: Three intelligence streams working in concert

In a fast-moving war with an elusive foe like the Islamic State militants, information is as important as guns, jet fighters and bombs. U.S. spies, eavesdroppers and airstrike controllers now have a lot of work to do together to catch up to the situation on the ground in northern Iraq, writes David Axe and Robert Beckhusen of Medium.com.  Commentary 

OPINION

Did America’s policy on ransom contribute to James Foley’s killing?

Did U.S. policy on ransom contribute to Foley’s killing?

James Foley’s execution is a wake-up call for U.S. and European policymakers, as well as U.S. news outlets and aid groups. It shows how different responses to kidnappings by U.S. and Europe save European hostages but can doom the Americans.  Full Article 

Deepak Yohannan

Long-term motor insurance might work

The insurance regulator has allowed three-year insurance policies for two-wheelers. The good part for consumers is that premiums would not change within the three years. Insurance companies on their part would be happy as the claims in this segment are not too high. If the move is successful, we may even see four-wheeler insurance being offered for a longer duration.  Opinion 

SCOTTISH REFERENDUM

What’s Scotland’s problem with a United Kingdom?

What’s Scotland’s problem with a United Kingdom?

Though Scotland remains a great creator of myths about itself, it has strained to make a case that it has suffered much under English domination. In the late 1990s, it hooked itself to the Braveheart phenomenon – the surge of anti-English nationalism unleashed by Mel Gibson’s piece of adolescent fantasy – but even nationalists are now embarrassed by that.  Article 

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