World financial leaders will agree to calibrate and communicate monetary policy carefully to avoid triggering capital flight, but will not call an expected U.S. rate rise a risk to growth, a draft communique showed on Friday.
WASHINGTON - Saudi Arabia is satisfied with assurances from U.S. President Barack Obama about the Iran nuclear deal and believes the agreement will contribute to security and stability in the Middle East, a senior Saudi official said on Friday.
Thousands of exhausted migrants streamed into Austria on Saturday, bussed to the border by a Hungarian government that gave up trying to stop them as Europe’s asylum system buckled under pressure from the sheer numbers reaching its frontiers. Full Article
Anees Bazmee’s 2007 “Welcome” was one of those ‘guilty pleasure’ films, salvaged in great part by a talented cast and some clever dialogue. Eight years later, Bazmee tries to recreate the same formula. “Welcome Back” is sporadically funny, one that ebbs and flows; but it just about passes the ‘guilty pleasure’ test thanks to Anil Kapoor and Nana Patekar, writes Shilpa Jamkhandikar. Full Article | Bollywood
Pick of the Week
Economists say consumption in India is finally picking up, thanks to a plunge in oil prices, record low inflation and interest rate cuts totalling three quarters of a percentage point this year. Full Article
Mozilla, creator of the Firefox web browser, said hackers had stolen security-sensitive information from Bugzilla, its bug tracker, and used it to "attack" Firefox users. Full Article
Though cricket is a team sport, often batsmen are “seen” to walk away with the limelight in a team’s victory. In the recent series against Sri Lanka, it was India's bowlers who earned their stripes with distinction. Full Article