U.S. Secretary of State John Kerry (L) arrives as an Indian Air Force officer watches at the airport in New Delhi July 30, 2014. REUTERS/Adnan Abidi

Kerry asks India to drop opposition to WTO deal

U.S. Secretary of State John Kerry, who arrived in India for an official visit, has pressed New Delhi to drop its opposition to global trade reforms, saying it was a test of the country's commitment to advance economic liberalisation.  Full Article | In Pictures - Kerry in India 

Dollar shines, U.S. yields surge on upbeat U.S. data 8:13am IST

TOKYO - The dollar stayed strong and U.S. bond yields held firm on Thursday after data showed solid U.S. economic growth, even as the Federal Reserve repeated its message that it is in no hurry to raise interest rates.

Photo taken from ANI Twitter feed
India

Landslide near Pune kills 10, scores trapped

Heavy rain triggered a landslide near Pune that killed at least ten people and trapped up to 150 more after thick mud came crashing down on thatch huts and brick houses, an official said. Rescue teams and local residents pulled people out and put them on stretchers, TV images showed. Seven teams of 42 rescue workers each arrived at the site, but rain and poor communications hampered efforts.  Article 

Smoke rises following what witnesses said were Israeli shelling and air strike near a market in Shejaia in the east of Gaza City July 30, 2014. REUTERS/Ashraf Amrah

U.S. resupplies Israel with munitions in Gaza

The United States has allowed Israel, waging an offensive in the Gaza Strip, to tap a local U.S. arms stockpile in the past week to resupply it with grenades and mortar rounds, a U.S. defense official said on Thursday.  Article | Carnage at U.N. school as Israel pounds Gaza Strip 

England's Moeen Ali (R) celebrates after having India's Virat Kohli caught by Jos Buttler (L) during the third cricket test match at the Rose Bowl cricket ground, Southampton, England July 30, 2014.  REUTERS/Philip Brown

India four down and facing England defeat

England need six wickets on the final day to win the third test against India after a superb bowling performance helped them reduce the tourists to 112-4.  Full Article | England have Cook to thank - Root 

Actress Drew Barrymore speaks at a news conference supporting the efforts of the World Food Programme during the Clinton Global Initiative in New York, September 25, 2008. REUTERS/Chip East/Files

Drew Barrymore's half-sister found dead in car

The half-sister of actress Drew Barrymore was found dead in her vehicle parked on a suburban San Diego street, the San Diego County Coroner said on Wednesday.  Full Article 

A bank employee counts U.S. hundred dollar bills at Kasikornbank in Bangkok in this January 21, 2010 file photo.REUTERS/Sukree Sukplang
U.S. Economy

Fed presses forward with bond buying

The Federal Reserve on Wednesday pressed ahead with its plan to wind down its bond-buying stimulus and upgraded its assessment of the U.S. economy, while reaffirming it is in no rush to raise interest rates. The central bank cut its monthly asset purchases to $25 billion from $35 billion, leaving it on course to shutter the program this fall.  Full Article | U.S. economy back on track with strong Q2 rebound 

Latest Headlines

News, Views and Expert Opinion with Ankush Arora
    Raffaello Pantucci

    Afghanistan a building block for China-India ties

    It is clear that there are issues with Sino-Indian collaboration on Afghanistan. First among these are differing perceptions on Pakistan and its role in Afghanistan’s current predicament. For China, Pakistani security forces are trying to deal with a monster within their country with links across the border. For Indian authorities, it is a Frankenstein’s monster of Pakistani construction.  Full Article 

    Celine Gounder

    To combat Ebola, first build back trust in healthcare workers

    Efforts to fight stigmatized infectious diseases, like HIV and TB, have taught us that advocates from affected communities have an important role to play. Public health workers need to enlist the help of recovered patients and their families to speak about their experiences with medical treatment for the disease. Religious leaders and traditional healers should also be recruited.  Read 

    Robert Cyran

    Inversions start to spin out of control

    Inversions are starting to spin out of control. A quest for tax savings has made digestible overseas targets attractive to U.S. buyers. Hospira’s potential $5 bln deal for a Danone unit highlights a fresh supply, for so-called “spinversions.” The odd combination also reflects the perverse incentives distorting corporate decisions. Healthcare companies lead the way trying to move domiciles.  Full Article 

    Opinion

    Visitors walk past TV sets during Russian President Vladimir Putin's live broadcast nationwide phone-in at the DNS electronic shop in Russia's Siberian city of Krasnoyarsk April 17, 2014. REUTERS/Ilya Naymushin/Files

    Meet Vladimir Putin’s homophobic, vitriolic, charismatic master of propaganda

    Russian President’s popularity has soared at home in the wake of his actions in Ukraine – and the masterful spin his intervention has been given. The joy that greeted his seizure of Crimea was due, at least in part, to a propaganda system more virulent than its Soviet predecessor. At the center of the system is a journalist called Dmitry Kiselyev.  Read