An employee counts Indian rupee currency notes inside a private money exchange office in New Delhi July 5, 2013. REUTERS/Adnan Abidi

IFC launches $2.5 billion bonds for India infra projects

The World Bank's private-sector financing arm on Wednesday launched $2.5 billion, rupee-denominated, bonds in the Indian market to fund infrastructure projects, after raising $1 billion in offshore bonds for the sector last year.  Full Article 

Cabinet approves $1.4 bln new metro rail project 20 Aug 2014

NEW DELHI - The cabinet approved on Wednesday a new, 86.8-billion-rupee ($1.43 billion) metro rail project in Maharashtra, the government said in a statement.

A masked Islamic State militant holding a knife speaks next to man purported to be U.S. journalist James Foley at an unknown location in this still image from an undated video posted on a social media website. REUTERS/Social Media Website via REUTERS TV
Beheading Video

Islamic State opens new anti-U.S. front

Islamic State's beheading of a U.S. journalist and its threat to "destroy the American cross" suggests it has gained enough confidence to take aim at American targets despite risks.  Full Article 

A worker carries a ladder past sacks filled with wheat at a Food Corporation of India (FCI) warehouse in Morinda in Punjab February 20, 2013. REUTERS/Ajay Verma/Files
Food Stock

Govt begins revamp of FCI to cut waste

India has set up a panel to suggest an overhaul of a state-run food grain procurement agency as part of its plan to reduce wastage and help control runaway food prices. PM Narendra Modi, who took charge in May after a landslide victory, promised during the election campaign to break up the Food Corporation of India (FCI) into three divisions for handling procurement, management and distribution.  Full Article 

Mahendra Singh Dhoni chases a pigeon off the pitch during the fifth cricket test match against England at the Oval cricket ground in London  August 15, 2014. REUTERS/Philip Brown
Cricket

India struggles with Dhoni dilemma

Beleaguered India skipper Mahendra Singh Dhoni appears set to retain his test captaincy role - if he has the desire to continue - due to a sheer lack of alternative options to take on the job after yet another calamitous overseas tour.  Full Article 

Smoke rises as Palestinians stand atop the rubble of a house, which witnesses said was destroyed in an Israeli air strike, in Rafah in the southern Gaza Strip August 20, 2014. REUTERS/Ibraheem Abu Mustafa

Hamas says Israel tried to kill its military chief

An Israeli air strike in Gaza killed the wife and infant son of Hamas's military leader, Mohammed Deif, the group said, calling it an attempt to assassinate him after a ceasefire collapsed.  Full Article 

Michael Howell, 11, attends a pro-net neutrality Internet activist rally in the neighborhood where U.S. President Barack Obama attended a fundraiser in Los Angeles, California July 23, 2014.  REUTERS/Jonathan Alcorn/Files
Technology

Online video stars mobilize for net neutrality

Online video personalities are joining together to advocate for equal treatment of Internet traffic, aiming to stop the U.S. government from allowing what they worry will be fast and slow lanes for delivering content.  Full Article 

Latest Headlines

Girindre Beeharry

A call to action to galvanize momentum around maternal, child health

We are now 500 days from the target date for the achievement of the Millennium Development Goals (MDGs). Taking stock of existing challenges, I believe we must take a renewed look at the issue of maternal and child health. These issues will pose one of the most significant tests in our pursuit of the MDGs.  Column 

Amit Ganguly

Class divide puts English to the test in civil services

Indian students in recent weeks have protested the use of English in the country’s difficult civil service examinations. The students, usually from Hindi-speaking regions of India, say that the exams reflect a class divide: if you speak and write English well, you are seen as part of the urban elite. If you do not, it’s because you are one of the disadvantaged, usually from smaller towns or villages.  Full Article 

David Lalmalsawma

Coupon websites make merry as deal-hunting Indians go online

As a growing online population increasingly turns to the web to look for discounts, coupon websites say customers are using discount vouchers for almost everything from baby diapers and television sets to body massages and five-star hotel stays. Industry watchers say the deals business will soon grow faster than India’s e-commerce industry.  Full Article 

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