A worker moulds iron plates with a hammer to make utensils, at an iron utensils manufacturing unit in Kolkata June 2, 2014. REUTERS/Rupak De Chowdhuri/Files

India's factory growth bucks Asia trend in July - PMI

Indian manufacturing activity expanded at its fastest pace in six months in July as new export orders accelerated, a business survey showed on Monday. The Nikkei Manufacturing Purchasing Managers' Index rose to 52.7 in July from June's 51.3, bucking weakness seen across much of the rest of Asia.  Full Article 

As RBI holds rates steady, companies' debt burdens weigh heavily 12:38pm IST

MUMBAI - When Hindustan Construction Ltd (HCC) was building a bridge in 2008 to transform the congested commute in Mumbai, its stock was at a record high as low interest rates had sparked a construction boom.

The United States Federal Reserve Board building is shown behind security barriers in Washington October 28, 2014. REUTERS/Gary Cameron/Files

Funds turn to China, India to counter Fed hike

Asian dividend-paying equity funds are reducing investments in traditional safe bets in favour of companies with rising dividend payouts to guard against investors selling out from the funds when U.S. interest rates rise. The funds are buying Chinese state-owned enterprises and Indian banks, where payouts show promise of rising over time.  Full Article 

Picture taken from HERE's official Facebook page

German carmakers buy HERE for $2.74 bln

A consortium of German premium carmakers has agreed to buy Nokia's mapping business HERE for $2.74 billion, in a push to extend the reach of automakers into digital services for connected cars. Daimler BMW and Audi will each hold an equal stake in HERE.  Read 

International Association of Athletics Federations (IAAF) President Lamine Diack attends a news conference for the Diamond League athletics meet in Doha May 5, 2011. REUTERS/Fadi Al-Assaad/Files
Doping Scandal

IAAF launches defence of anti-doping record

The head of world athletics launched a vigorous defence of the IAAF's anti-doping record on Monday, as global sporting bodies called for a thorough probe of the latest doping allegations.  Full Article 

Rebel fighters ride a motorcycle near Al-Shaar bridge, which according to activists has been closed off by rebels as it is a target for snipers from the forces of Syria's President Bashar al-Assad, near Hanano barracks in Aleppo, August 1, 2015. REUTERS/Abdalrhman Ismail

U.S. to defend Syrian rebels with airpower

The United States has decided to allow airstrikes to defend Syrian rebels trained by the U.S. military from any attackers, even if the enemies hail from forces loyal to Syrian President Assad.  Full Article 

An activist sleeps in front of papers with Taiwan's Education Minister Wu Se-hwa's picture during a protest at the entrance to the Ministry of Education in Taipei, Taiwan, August 1, 2015. REUTERS/Pichi Chuang
Taiwan

Textbook row highlights antipathy to 'one China'

Protests in Taiwan over textbook revisions which students say aim to brainwash them into accepting a "one China" view of history underscore the island's growing sense of independence from its vast neighbour and geopolitical foe.  Full Article 

Olympic Council of Asia (OCA) President Sheikh Ahmad Al-Fahad Al-Sabah speaks at a news conference at the Main Media Centre of the 17th Asian Games in Incheon September 21, 2014. REUTERS/Rob Dawson/Files

Sheikh Ahmad coy about Blatter's successor

As the candidates hoping to succeed FIFA's outgoing president Sepp Blatter continue to lobby for support, the political kingmaker who could have a big influence on who gets the job says world soccer has more to worry about than picking its next boss.  Full Article 

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News, Views and Expert Opinion with Ankush Arora
    Ketan Desai, the former president of the Medical Council of India, walks after his hearing at a courthouse in Lucknow, June 27, 2015. REUTERS/Pawan Kumar/Files

    Why Ketan Desai, accused of crimes, is set to lead the world’s top medical ethics body

    Dr. Ketan Desai is slated to head the WMA even as he faces conspiracy allegations in Indian courts. Desai has been facing allegations that he conspired to have the Medical Council recommend that a private medical college be allowed to add more students.  Full Coverage 

    David Rohde

    Why the West may miss the Taliban’s Mullah Omar

    Reports on Wednesday that reclusive Taliban leader Mullah Omar had died will be rightly hailed by some as the demise of an American nemesis. But the death of the one-eyed Afghan commander may also scuttle the most promising peace talks in Afghanistan in a decade. As odd as it may seem to some Americans, Omar’s death could not come at a worse time.   Commentary 

    Rupa Rege Nitsure

    No economic case for another rate cut soon

    Given the fragility of India’s economic recovery, we do not expect an abrupt rise in rates soon, but the probability of rate reduction also looks slim. A bigger concern has to do with the rise of the dollar, which has increased markedly against the rupee over the past year, partly also reflecting its weak external fundamentals.  Full Article 

    Milestone agreement