The Bharti Airtel office building is pictured in Gurgaon, on the outskirts of New Delhi, July 30, 2013. REUTERS/Mansi Thapliyal/Files

Bharti Airtel profit rises on gain from tower sales

Bharti Airtel, India's top mobile carrier, posted a better-than-expected 40 percent rise in quarterly net profit, helped by a one-time gain from the divestment of some of its tower assets in Africa.  Full Article 

Australian court revokes environmental approval for Adani's Carmichael coal mine 6:21am IST

SYDNEY - Australia's Federal court on Wednesday overturned government environmental approval for the Carmichael coal mine under construction in the Australian outback by Indian conglomerate Adani Mining .

RBI POLICY REVIEW

The Reserve Bank of India (RBI) Governor Raghuram Rajan speaks during a news conference after the bi-monthly monetary policy review in Mumbai, August 4, 2015. REUTERS/Shailesh Andrade/Files

RBI keeps its policy rate unchanged

The Reserve Bank of India kept its policy rate on hold at 7.25 percent on Tuesday, as widely expected, while leaving the door open to ease further depending on the inflation outlook and how swiftly banks lower their lending rates.  Full Article | Full Coverage 

Vendors use umbrellas for shelter from the rain as they sell vegetables and fruits at an open air market in Ahmedabad, India, June 12, 2015. REUTERS/Amit Dave/Files
Inflation

Household inflation expectations up: RBI survey

Inflation expectations by Indian households rose for a third consecutive quarter, an RBI survey showed on Tuesday. Households expect inflation to touch 10.1 percent within 3 months, according to the RBI survey done in June, higher than 9 percent in the previous survey in March. The one-year inflation expectation by households was at 10.3 percent, compared with 9.1 percent in the previous survey.  Full Article 

Screenshot from the music video by Sofia Ashraf.
Rap On The Knuckles

Indian rapper goes viral with gibes at Unilever

An Indian rapper has gone viral with a music video calling on consumer products giant Unilever to clean up alleged toxic waste from Kodaikanal and compensate residents. Sofia Ashraf's video, posted online by an NGO called Jhatkaa has had more than a million views on YouTube, drawing attention to accusations against a thermometer factory in Kodaikanal that closed down 14 years ago.  Full Article 

Former trader Tom Hayes and his wife Sarah arrive at Southwark Crown Court in London, Britain July 30, 2015. REUTERS/Peter Nicholls

UK fraud office set to file more Libor charges

Britain's Serious Fraud Office (SFO) is poised to file more criminal charges in connection with its investigation into alleged rigging of benchmark interest rates after sealing the world's first Libor conviction in a jury trial on Monday.  Full Article 

Football - Manchester United v Arsenal - Barclays Premier League - Old Trafford - 17/5/15. Manchester United manager Louis van Gaal applauds fans during a lap of honour after the game. Action Images via REUTERS/Jason Cairnduff/Livepic/Files
Soccer

Many questions for Van Gaal as season looms

Manchester United's fourth place in last season's Premier League was regarded as a qualified success but more importantly the launch pad to return the club to former glory.  Full Article 

A telecommunications tower and a home are seen in a flooded village at Kalay township at Sagaing division, August 2, 2015. REUTERS/Soe Zeya Tun
Asia

Flood-hit Myanmar appeals for relief

Myanmar said on Tuesday it had appealed for international assistance to help provide food, temporary shelter and clothing for more than 210,000 people affected by widespread flooding following weeks of heavy monsoon rains.  Story | Video: Aid teams deliver supplies  

Latest Headlines

Land Bill

A Chinese national flag flutters outside the headquarters of the People's Bank of China, the Chinese central bank, in Beijing, April 3, 2014. REUTERS/Petar Kujundzic/Files

China hits the brakes on financial disruption

China is hitting the brakes on disruption in the financial industry. The central bank is cracking down on the country’s $2 trillion online payments market. Proposed transaction limits and stricter security requirements appear to benefit traditional banks that have failed to keep up with online players. It’s a reminder that, even in China, there are limits to tech innovation.  Full Article 

Shashank Iyer

Nowhere to go, but never at home

For the vast majority of Syrians, more than 80 percent of whom live in Turkish cities, the feeling of being unsettled is seemingly perpetual. Many Syrians in Turkey do not possess a residence permit, which places them in a diplomatic limbo that underscores their “otherness” compared to their Turkish neighbors. As one Syrian aid worker living in Turkey put it, “you are in a closed circle with no way out.”   Commentary 

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 

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