India bids to reassert influence in Nepal

India bids to reassert influence in Nepal

India is set to offer Nepal a landmark pact to help develop its huge hydro-electric power potential as the South Asian giant takes another step to re-assert influence among smaller neighbours where China has been forging closer ties.  Full Article 

GM recalls 717,950 vehicles in U.S., not for ignition switches 12:51am IST

DETROIT - General Motors Co on Wednesday announced six recalls covering 717,950 vehicles in the United States for varying reasons, although none were related to ignition switch issues.

Labourers remove dust from paddy crop at a wholesale grain market in Chandigarh October 22, 2013. REUTERS/Ajay Verma/Files

India sticks to hard line on WTO trade pact

India will not support a trade protocol ahead of a July 31 deadline unless concerns about its food subsidies are met, two senior government officials said on Wednesday, a position that threatens to derail a landmark global trade deal. The determination to link its food subsidy programme to backing the protocol raises the stakes at a WTO meeting on Thursday.  Full Article 

The Israeli community of Netiv Haasara is seen in front of flares fired by the Israeli army in Gaza July 23, 2014. REUTERS/Amir Cohen

Gaza bloodshed deepens as airlines shun Israel

Gaza fighting raged on Wednesday, displacing thousands more Palestinians in the battered territory as U.S. Secretary of State John Kerry said efforts to secure a truce between Israel and Hamas had made some progress.  Full Article | Slideshow 

A man is silhouetted against a video screen with an Facebook logo as he poses with an Dell laptop in this photo illustration taken in the central Bosnian town of Zenica, August 14, 2013. REUTERS/Dado Ruvic/Files

Facebook beats Wall Street targets

Facebook's fast-growing mobile ad business helped drive a 61 pct rise in revenue during Q2, beating Wall Street's financial targets and sending shares to a record-high in after-hours trading.  Full Article 

Nifty hits record high on foreign buying
Markets

Nifty hits record high on foreign buying

The Nifty rose to a record high on Wednesday, gaining for a seventh straight session, led by technology stocks on continued buying by foreign-investors on a positive earnings outlook, while firm Asian markets also helped sentiment.  Full Article | Chart 

Naresh Goyal (L), chairman of Jet Airways, speaks with James Hogan, chief executive of Abu Dhabi's Etihad Airways, during a news conference in New Delhi July 23, 2014. REUTERS/Anindito Mukherjee
Aviation

Jet Airways says looking to restructure debts

Jet Airways Ltd said the country's No. 2 airline by market share will look at selling planes and restructuring its debts as it tries to find ways to end the losses that have plagued it for years. Like all but one of India's major airlines, Jet, partly owned by Gulf carrier Etihad Airways, is losing money fast, beset by high costs, low fares and cut-throat competition in its domestic market.   Full Article 

Rebel commander Alexander Khodakovsky of the so-called Vostok battalion - or eastern battalion - speaks during an interview in Donetsk, July 8, 2014. REUTERS/Maxim Zmeyev
Ukraine Crisis

Rebel leader says fighters had BUK missile

A powerful Ukrainian rebel leader has confirmed that pro-Russian separatists had anti-aircraft missiles of the type Washington says were used to shoot down Malaysia Airlines flight MH17.  Full Article 

Kishore Pandey, 82 years old, lies on a bed as his daughter Usha Tiwari holds him while the feeds him with sacred water inside Mukti Bhawan (Salvation Home) at Varanasi, in Uttar Pradesh, June 19, 2014. REUTERS/Danish Siddiqui/Files

Waiting to die in Varanasi

Ganges is sacred in Hinduism, and Varanasi, which lies on its banks, is one of the oldest and holiest sites for Hindu pilgrims from all over the world. Dying and having your ashes scattered here is a sacred thing for Hindus who believe that it brings “moksha,” or freedom for the soul from the constant cycle of death and rebirth. To attain this salvation, many travel to Varanasi to die.  Full Article | Slideshow 

Latest Headlines

The war in Gaza threatens Egypt too

The war in Gaza threatens Egypt too

Although many Egyptians view Hamas as an ally of the Muslim Brotherhood, most sympathize with the Palestinians. When they see the scale of casualties - for example, the death and destruction in the Shuja’iah neighborhood in Gaza - they overwhelmingly blame Israel. This is true even as their leaders express anger over Hamas’ refusal to accept ceasefire proposal.  Commentary 

Nicholas Wapshott

I’m Reagan! No, over here, I’m the real Reagan!

Although Ronald Reagan's record in raising taxes and adding to the deficit would make him ineligible to become the nominee were he still alive, the contestants of 2016 U.S. presidential race are already comparing themselves with the only Republican president whose conservative credentials are made of the same material as earned him his nickname, the “Teflon president.”  Full Article 

Kishan Singh Bisht, a jail warden in Tihar, maintains a register inside a restaurant run by the Tihar Jail authorities on Jail Road in west Delhi July 21, 2014. REUTERS/Anindito Mukherjee

Restaurant run by Tihar convicts wins praise for politeness, hygiene

As India's capital baked in a heat wave, banker Gaurav Gupta sat down for lunch at a new air-conditioned restaurant, to be greeted by a smiling waiter who took his order for a traditional "thali" meal of flatbread, lentils, vegetables and rice. Nothing unusual, except that the employee, like most of his colleagues, is a convicted murderer serving time in Tihar Jail.  Full Article 

Keren Blankfeld

Life — if you can call it that — under Israel’s Iron Dome

I’ve become pretty great at rocket dodging. As a New Yorker living in Tel Aviv while researching a book, I never thought I’d say that. And yet it’s true: since Hamas began firing rockets into Tel Aviv on July 8, I’ve learned to move quickly. I’m witnessing just a sliver of what it’s like for Israelis trying their best to live a “normal” life in a kind of twilight zone where different rules apply.   Commentary 

Jack Shafer

Dear Mr. Murdoch: Save yourself 80 billion bucks

Getting bigger for bigness’s sake makes sense for a sumo wrestler. But does that apply to a media conglomerate? There’s a panic element to the Murdoch offer, too. At the age of 83, how many more deals can he possibly consummate? Of course, that’s what they all said when Murdoch was 73, and had not yet bought the Wall Street Journal for $5 billion. But 83 is not the new 73.  Full Article 

FOLLOW US