U.S. President Barack Obama laughs as he talks with Prime Minister Narendra Modi (R) at a 'home reception' with several hundred Indian political and cultural figures at the Rashtrapati Bhavan presidential palace in New Delhi January 26, 2015. REUTERS/Jim Bourg

Obama ends pageantry day with $4 billion pledge

U.S. President Barack Obama ended a landmark day in India on Monday with a pledge of $4 billion in investments and loans, seeking to release what he called the "untapped potential" of a business and strategic partnership between the world's largest democracies.  Full Article | Slideshow 

India-U.S. nuke deal could help clear project logjam - Westinghouse CEO 26 Jan 2015

NEW DELHI - A civil nuclear pact struck at summit talks between Indian Prime Minister Narendra Modi and U.S. President Barack Obama could help clear a logjam of stalled projects, the head of U.S. nuclear power plant maker Westinghouse told Reuters on Monday.

U.S. President Barack Obama and India's Prime Minister Narendra Modi (R) shake hands after giving opening statements during a at Hyderabad House in New Delhi January 25, 2015. REUTERS/Jim Bourg

When Modi had his name embroidered on suit

Prime Minister Narendra Modi gave U.S. first lady Michelle Obama stiff fashion competition at the weekend, turning out in a dark pinstripe suit embroidered with his own name - repeatedly. The saffron stripes in the fitted wool jacket and trousers that Modi wore during bilateral talks with U.S. President Barack Obama on Sunday were not stripes at all.  Full Article 

Police officers patrol on a beach near Kudankulam nuclear power project in Tamil Nadu September 12, 2012. REUTERS/Adnan Abidi/Files
Nuclear Group

China urges India to satisfy NSG standards

China called on India on Monday to take more steps to satisfy the standards of a global organisation that controls atomic exports after U.S. President Barack Obama said the United States was in favour of India joining the group.  Full Article | Related Story 

A man makes his way through the falling snow in Times Square in New York, January 26, 2015. REUTERS/Mike Segar

Northeast U.S. braves 'crippling' blizzard

A massive blizzard slammed into the U.S. Northeast on Monday, canceling thousands of flights, curtailing mass transit and closing hundreds of schools, as officials warned that the storm could dump as much as 3 feet of snow on the region.  Full Article 

Bill and Melinda Gates attend a debate in Brussels January 22, 2015. REUTERS/Francois Lenoir

India honours Bill Gates with Padma Bhushan

India conferred one of its highest civilian awards on billionaire philanthropist and Microsoft co-founder Bill Gates and his wife Melinda for their work to improve health in developing countries. Every year the Padma Bhushan award is presented to Indians and some foreigners for service in various areas.  Full Article 

The IBM logo is seen outside the company's offices in Petah Tikva, near Tel Aviv October 24, 2011. REUTERS/Nir Elias/Files

IBM dismisses Forbes report of massive layoffs

IBM dismissed on Monday a Forbes magazine report claiming the technology firm is preparing to cut about 26 percent of its workforce, which would represent its biggest-ever layoffs.  Full Article 

A man jumps to head a ball during his soccer practice in a public park on a foggy morning in Kolkata December 5, 2014.  REUTERS/Rupak De Chowdhuri/Files

Indifferent India tunes out Asian Cup

While the cream of Asian football fights for glory in the region's biggest tournament, the indifference of Indian broadcasters to the Asian Cup is a setback to those hoping to grow the game in the country.  Article 

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Author Jhumpa Lahiri poses with her novel "The Lowland", ahead of the 2014 Bailey's Women's Prize for Fiction in London June 4, 2014. REUTERS/Neil Hall/Files

Lahiri scoops $50,000 DSC Prize for South Asian fiction

Pulitzer Prize winning author Jhumpa Lahiri won the DSC Prize for South Asian fiction on Thursday, the third straight year a writer of Indian origin has carried off the annual $50,000 prize that recognises the region's top literary talent. Lahiri, who won a Pulitzer Prize in 2000, was the best-known author on a shortlist of five writers with her entry "The Lowland," a tale of brothers bound by tragedy.  Read 

'The Red Sari'

Sonia Gandhi.

Attempts to block book on Sonia Gandhi only fuelled interest - author

Efforts by the Congress party to block the publication of a "dramatized" biography of president Sonia Gandhi only stoked interest in the book, said author Javier Moro. "The Red Sari", the English translation of the 2008 Spanish-language "El sari rojo", hit bookstands in India seven months after the party was ousted after a decade in power.  Full Article 

Climate feels right for certain deals in Davos

Climate feels right for certain deals in Davos

Global business leaders and bankers convene this week for the World Economic Forum fresh off a $3.5 trillion year of mergers, the biggest tally of the post-financial crisis era. While the momentum creates an ideal climate for corporate dealmaking, it’s less clear the atmosphere is conducive to strike the more important political accords for which Davos has become renowned.  Full Article 

Andy Mukherjee

Asia’s big demons: debt, deflation, demographics

Asia is battling not one but three demons. The unholy trinity of debt, deflation and demographics threatens to sap the region’s growth potential. Fending off the challenge requires central banks to cut borrowing costs. But they are reluctant to do so when U.S. interest rates are poised to rise. That could turn out to be a huge error.  Full Article 

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