Sensex, Nifty rise to another record; pharma shares lead

Reuters Market Eye - The BSE Sensex on Tuesday rose as much as 0.34 percent to 26,960.52 and the Nifty gained as much as 0.43 percent to 8,062.25. The 30-share index hit a third consecutive record high while the broader Nifty touched its second straight life high.

Cipla jumps 8.7 percent after key generic launch 10:05am IST

Reuters Market Eye - Shares in Cipla Ltd on Tuesday rose as much as 8.7 percent to a record high of 575 rupees after the drugmaker launched an anti-asthma inhaler in Germany and Sweden.

Women ride two-wheeled self-balancing scooters past the Indian Defence Ministry, in New Delhi December 5, 2013. REUTERS/Anindito Mukherjee/Files

Segway’s India unit pegs hope on Modi

Among the companies hoping for tax credits from the business-friendly BJP since its election victory in May is the Indian distributor of the Segway Personal Transporter. The company hopes that the government will recognise the battery-run two-wheeler as a green vehicle, a move that could spur sales of the expensive device in a country where many people today cannot afford it.  Full Article 

India's Prime Minister Narendra Modi (R) and Japan's Prime Minister Shinzo Abe shake hands before their talks at the state guest house in Tokyo September 1, 2014. REUTERS/Toru Hanai

Japan and India vow to boost defence ties

Japan and India agreed to strengthen defence ties as Asia's second and third biggest economies keep an eye on a rising China.  Article 

A U.N. peacekeeper from Fiji is seen through a bus window in the Israeli-occupied Golan Heights, before crossing into Syria August 31, 2014. REUTERS/Baz Ratner

Fiji: Syria rebels want removal from terror list

Islamist fighters who seized dozens of Fijian soldiers serving as U.N. peacekeepers on the Golan Heights are demanding that their group be removed from a global terrorism list and that compensation be paid for members killed in fighting, the head of Fiji's army said.  Full Article 

Aug 29, 2014; New York, NY, USA; Roger Federer (SUI) hits to Sam Groth (AUS) on day five of the 2014 U.S. Open tennis tournament at USTA Billie Jean King National Tennis Center. Mandatory Credit: Robert Deutsch-USA TODAY Sports

Federer goes for another win under the lights

Roger Federer will get to break out his all-black outfit on Arthur Ashe Stadium Court at the U.S. Open on Tuesday. The Swiss takes on Spain’s Roberto Bautista Agut for a place in the quarters.  Article 

An Afghan election worker carries a ballot box to be counted for an audit of the presidential run-off in Kabul August 27, 2014. REUTERS/Mohammad Ismail

Afghan talks on unity government collapse

Talks on a power-sharing deal between Afghanistan's rival presidential candidates have collapsed, a top leader said, rekindling fears of ethnic unrest over disputed election results.  Full Article 

Latest Headlines

News, Views and Expert Opinion with Ankush Arora
    A worker repairs a vessel at a ship repair yard in Mumbai May 2, 2014. REUTERS/Danish Siddiqui/Files

    Where the growth in Q1 came from

    GDP growth of 5.7 percent in the April-June quarter was unexpected in view of the southward drift of India’s economy over the past two years. No wonder it pepped up the government at a time when the ruling coalition is listing its achievements after 100 days in office. The question is where this growth came from and whether it will be sustained in future.  Full Article 

    Handout of “Historic Temples in Pakistan: A Call to Conscience”

    Reema Abbasi and a glimpse of Pakistan’s Hindu past

    “Historic Temples in Pakistan: A Call to Conscience” is a book-length attempt to record in pictures the history of an Islamic country’s Hindu past, especially as extremist activity mounts against Pakistan’s religious and ethnic minorities, including Ahmadis, Christians, Sikhs and Shia Muslims.  Full Article 

    Nita Bhalla

    The suicide letters that symbolise India’s misguided shame

    Shame. It’s a word I often hear when speaking to women in India, where a combination of patriarchy, misogyny and extreme conservatism makes women feel ashamed of the crimes being committed against them. They are ashamed of being sexually harassed, ashamed for being molested and ashamed after suffering a beating.  Full Article 

    Andy Mukherjee

    Supreme Court order adds urgency to India’s coal crunch

    The two-decades-old practice of selectively allocating mines to metal, cement and power producers is illegal, the court ruled. The judges have not yet decided what punishment to hand out. But investors are prepared for the worst, and for good reason: two years ago, the court cancelled the underpriced sale of telecom spectrum, quashing all 122 licenses in one go.  Full Article