Rupee higher as Asian shares gain

Reuters Market Eye - The rupee is trading at 61.19/dollar versus its previous close of 61.31/32. Asian shares gain tracking higher Wall Street on U.S. tech earnings. Sentiment for the rupee is positive after the Bharatiya Janata Party-led government ended fuel price controls, opened up the coal sector and the party won two state elections.

Asian shares shine on U.S. tech results, ECB hopes 9:25am IST

TOKYO - Asian shares were on track for solid gains on Wednesday, after Wall Street's strong performance on upbeat results from two technology bellwethers offset investors' recent concerns about the outlook for the global economy.

A worker fills diesel in a vehicle at a fuel station in Ahmedabad January 17, 2013. REUTERS/Amit Dave/Files
Economic Pulse

Indian consumers respond to cheaper oil, food

Falling crude oil prices have helped Indian lawyer Pratik Mehra get off the bus and back behind the wheel of his car, cutting his travel time to work by a third.  Full Article 

A woman looks on as she sits amongst displaced people from the minority Yazidi sect, who fled violence in the Iraqi town of Sinjar, who are sleeping on the ground at Bajed Kadal refugee camp, southwest of Dohuk province August 23, 2014. REUTERS/Youssef Boudlal

U.N. fears IS attempting genocide on Yazidis

The campaign of Islamic State militants against Iraq's Yazidi minority may be attempted genocide, U.N. Assistant Secretary-General for human rights Ivan Simonovic said.  Full Article | Related Story 

A U.S. Coast Guard Corpsman working with the Office of Field Operations checks the temperature of a traveler who has recently traveled to either Guinea, Sierra Leone, or Liberia in this handout picture from the U.S. Customs and Border Protection taken at Washington Dulles International Airport October 16, 2014. REUTERS/U.S. Customs and Border Protection/Josh Denmark/Handout via Reuters
Ebola Outbreak

India to step up travel surveillance

India stepped up its efforts on Tuesday to prevent an outbreak of the deadly Ebola virus, conducting mock drills at its airports and installing surveillance systems.  Full Article | Related Story 

A boy lights fireworks on the Hindu festival of Diwali in New Delhi October 17, 2009. REUTERS/Reinhard Krause/Files
Diwali Week

Delhi braces for worst air quality this week

Air quality in New Delhi will deteriorate to "severe" levels this week when Indians set off firecrackers to celebrate the Hindu festival of lights, a government scientist said, leaving many at risk of respiratory problems. The warning is significant as New Delhi dismissed a WHO study which found the capital to have the world's worst air pollution.  Full Article | Slideshow: Diwali celebrations 

South African Olympic and Paralympic track star Oscar Pistorius attends his sentencing at the North Gauteng High Court in Pretoria October 21, 2014. REUTERS/Themba Hadebe/Pool

Oscar Pistorius sentenced to 5 years in prison

Oscar Pistorius, known as the "Blade Runner", is sentenced to five years in prison for the shooting death of his girlfriend Reva Steenkamp.  Video | Full Article 

File photo of Christophe de Margerie, CEO of the French oil and gas company Total SA at the Elysee Palace in Paris May 5, 2014. REUTERS/Gonzalo Fuentes/Files
Total CEO Dies

Total’s "Big Moustache": deal-make, risk-taker

Christophe de Margerie, the head of French oil and gas giant Total who died when his jet crashed in Moscow, was a gregarious bon vivant with a passion for risk-taking and deal-making. Known as "The Big Moustache" for his bushy, grey moustache, de Margerie, was the most charismatic and outspoken oil executive of his generation.  Obit 

A policeman walks past a logo of the Board of Control for Cricket in India (BCCI) during a governing council meeting of the Indian Premier League (IPL) at BCCI headquarters in Mumbai April 26, 2010. REUTERS/Arko Datta/Files

W.Indies seek talks with India after legal threat

The West Indies Cricket Board (WICB) will ask for a meeting with their Indian counterparts as they seek to find a way out of the crisis caused by the abandonment of their tour.  Full Article 

Latest Headlines

News, Views and Expert Opinion with Ankush Arora

    Peace Laureate's Call

    Children's right activist Kailash Satyarthi laughs at his office in New Delhi October 10, 2014. REUTERS/Adnan Abidi

    Spend less on arms, more on schools, says Nobel laureate Satyarthi

    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 

    John Lloyd

    Lessons of Ebola: Unequal in life, unequal in death

    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 

    Being the ‘indispensable nation’ is killing American democracy

    Being the ‘indispensable nation’ is killing American democracy

    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 

    Oil pumping machine.

    Cheap oil is no tonic for Asian economies

    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 

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