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Nifty retreats from record high on profit-taking

MUMBAI - The Nifty was unable to sustain gains after hitting a third consecutive record high earlier on Wednesday as investors booked profits in blue-chips such as Oil and Natural Gas Corp.

IFC launches $2.5 bln rupee-denominated bonds for infra projects in India 3:37pm IST

NEW DELHI - The World Bank's private-sector arm on Wednesday launched $2.5 billion, rupee-denominated bonds to fund infrastructure investments in India, the International Finance Corporation (IFC) said in a statement.

Mohammad Tahir ul-Qadri (C), Sufi cleric and leader of political party Pakistan Awami Tehreek (PAT), gestures while addressing his supporters during the Revolution March in Islamabad August 18, 2014. REUTERS/Akhtar Soomro

MPs escape parliament despite Qadri blockade

Thousands of Pakistani protesters tried to blockade parliament on Wednesday, with Prime Minister Nawaz Sharif inside at the time, but the lawmakers left by a back entrance.  Full Article | Slideshow 

A masked Islamic State militant holding a knife stands next to man purported to be U.S. journalist James Foley (in orange clothes) at an unknown location in this still image from an undated video posted on a social media website. REUTERS/Social Media Website via REUTERS TV

Islamic State says beheads U.S. journalist

Islamist militants fighting in Iraq released a video which purported to show the beheading of US journalist J. Foley and American officials said they were working to determine its authenticity.  Read | Video 

Local residents wait for rescue operation atop of collapsed houses as rescue workers stand by next to them, after a massive landslide swept through a residential area at Asaminami ward in Hiroshima, western Japan, in this photo taken by Kyodo August 20, 2014. Credit REUTERS/Kyodo
Asia

Landslides hit Japan's Hiroshima killing 27

At least 27 people, including many children, were killed in Japan, when landslides triggered by torrential rain slammed into the outskirts of the city of Hiroshima, and the toll was likely to rise, police said.  Article 

People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this illustration picture taken in  Warsaw September 27, 2013. REUTERS/Kacper Pempel/Files

Twitter to remove pics of deceased on request

Twitter said it will remove images or videos of deceased individuals at the request of family members. Facebook also allows verified immediate family members to request the removal of a deceased person's Facebook account.  Full Article 

Sheri Atwood, founder and CEO of SupportPay, talks with her daughter Janicya, 10, during an interview with Reuters in Redwood City, California July 2, 2014. REUTERS/Beck Diefenbach/Files
Gender

Silicon Valley venture capital still a man’s world

Despite the lip service Silicon Valley has given over the past couple of years to the need to recruit more women venture capitalists, at senior levels the gender balance hasn’t budged, even as other industries with poor gender diversity show improvements. The issue matters because women venture capitalists have a direct effect on success of companies other women launch, say female entrepreneurs.  Article 

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Cricket

Girindre Beeharry

A call to action to galvanize momentum around maternal, child health

We are now 500 days from the target date for the achievement of the Millennium Development Goals (MDGs). Taking stock of existing challenges, I believe we must take a renewed look at the issue of maternal and child health. These issues will pose one of the most significant tests in our pursuit of the MDGs.  Column 

Amit Ganguly

Class divide puts English to the test in civil services

Indian students in recent weeks have protested the use of English in the country’s difficult civil service examinations. The students, usually from Hindi-speaking regions of India, say that the exams reflect a class divide: if you speak and write English well, you are seen as part of the urban elite. If you do not, it’s because you are one of the disadvantaged, usually from smaller towns or villages.  Full Article 

David Lalmalsawma

Coupon websites make merry as deal-hunting Indians go online

As a growing online population increasingly turns to the web to look for discounts, coupon websites say customers are using discount vouchers for almost everything from baby diapers and television sets to body massages and five-star hotel stays. Industry watchers say the deals business will soon grow faster than India’s e-commerce industry.  Full Article 

Bling meets K-pop