A vacant hall of a cinema theatre is pictured inside the premises of Fortis Memorial Hospital at Gurgaon on the outskirts of New Delhi, May 20, 2015. REUTERS/Anindito Mukherjee

Rolls Royces, movies: hospitals go luxe for growth

Cinemas, Rolls-Royces and rooms so plush they could belong in a five-star hotel: private hospital operators in India are all but rolling out a red carpet to lure affluent locals and tourists to seek medical treatment at their luxe facilities.  Full Article 

Asian shares up on Greek rescue hopes, dollar shines 6:28am IST

TOKYO - Asian shares edged up on Thursday on vague hopes of a rescue deal for Greece while the dollar was at the helm in currency markets on expectations that the U.S. Federal Reserve will raise rates later this year.

Prime Minister Narendra Modi waves towards his supporters during a rally in Mathura, India, May 25, 2015. REUTERS/Adnan Abidi
Diplomacy

Modi heading to Dhaka with China on his mind

Prime Minister Narendra Modi will take border settlement and water sharing deals to Bangladesh next month as part of his drive to erode Chinese influence in South Asia, although Dhaka is likely to remain dependant on Beijing for military equipment. India, which has had an uneasy relationship with China for decades, has long fretted over Beijing's military cooperation with its South Asian neighbours.  Read 

Commuters travel past a Reserve Bank of India (RBI) building in Kolkata November 11, 2014. REUTERS/Rupak De Chowdhuri/Files
Reuters Poll

RBI expected to cut rates by 25 bps on June 2

The Reserve Bank of India is likely to cut its benchmark interest rate by 25 basis points to 7.25 percent when it meets early next week and make a similar move before December, according to the results of a Reuters poll. The survey found 38 of the 48 economists polled expected the RBI would cut the repo rate at the June 2 meeting, with 35 of those expecting a 25 basis points cut.  Full Article 

The Royal Australian Navy ship HMAS Perth is guided into position by a Royal New Zealand Airforce (RNZAF) P-3K2 Orion aircraft to recover an object in the southern Indian Ocean, as the search continues for missing Malaysia Airlines flight MH370 April 13, 2014. REUTERS/Greg Wood/Pool

Australia's search for MH370 under scrutiny

Nearly a year after embarking on a multi-million dollar quest to solve one of aviation's greatest unsolved mysteries, authorities and search teams are being criticised over their approach to finding Flight MH370 in the remote southern Indian Ocean.  Full Article 

Employees work at the production line inside the Chery Jaguar Land Rover plant before the plant opening ceremony in Changshu, Jiangsu province, October 21, 2014. REUTERS/Aly Song/Files
Auto Sector

China's luxury slowdown hits Tata Motors profits

Weak demand for sleek Jaguars in China battered the profits of its parent Tata Motors, pushing shares down 5 pct on Wednesday and showing the car maker lacked agility in a market where the appetite for brash luxury has ebbed. Tata's net Q4 profit, published late Tuesday, fell a worse-than-expected 56 pct, and India's largest car maker by revenue also held back dividends for the first time since 2002.  Read 

Apple's iPhone 6 are displayed during a news conference by Customs and Excise Department and the police in Hong Kong September 21, 2014. REUTERS/Bobby Yip/Files

Apple finds bug that causes iPhones to crash

Apple Inc has found a bug which can cause iPhones to crash when a message containing a specific string of text is received.  Full Article 

German Chancellor Angela Merkel is the most powerful woman in the world right now, according to the latest ranking from Forbes.

The most powerful women in the world

German Chancellor Angela Merkel tops the Forbes list of the most powerful women in the world. She is followed by Hillary Clinton, Melinda Gates and U.S. Fed Chair Janet Yellen.  Pictures 

Latest Headlines

FIFA Corruption Scandal

Paula Newberg

Why Pakistan is friends with everyone – and no one

Though Islamabad hasn’t yet ended the domestic terror that rips through its schools, mosques and markets, or sorted out its hostilities with India, it has embarked on a complicated foreign policy. Seeking to solve its many economic, political and security problems, Pakistan is trying, concurrently, to court four rich and powerful patrons: China, Saudi Arabia, Iran and the U.S.  Read 

Raffaello Pantucci

Untangling the web of India, China and Pakistan diplomacy

India, Pakistan and China need to shed their historical legacies, and find ways of ending the paranoid tensions that underlie their global outlooks. Until this has been achieved, the CPEC, BCIM and any other regional economic framework will be undermined and no long-term stability will be found in the heart of South Asia.  Full Article 

Sajan Pillai

How India can support its start-ups

There is no reason why India cannot be the innovation capital of the world, home to the next Google or Amazon. However, the government needs to ensure ideas are given the opportunity to grow into a business. Creating tax reforms, bringing in venture capital, and creating simple policies for new businesses is the way to spark this transformation.  Full Article 

Fizan Abdullah

Surgery so simple a gardener can do it – but he probably shouldn’t

A number of readily teachable surgical procedures can stem much of the rising tide of human suffering. We associate surgery with space-age operating rooms filled with fancy equipment. A handful of conditions require that. But many do not. Non-surgeons trained to do simple procedures can alleviate up to three-quarters of the surgical need in underserved regions.  Read 

Edward Hadas

The uses and abuses of Gross Domestic Product

Numbers can lie, and undoubtedly will when they accumulate years of approximations, estimates and exclusions. It is probably hopeless to suggest that many of the innumerable data series based on GDP should simply be discarded just because they are mostly false and misleading. They are too popular for that. However, GDP is certainly a measure that should be used with extreme caution.  Full Article 

REUTERS POLL