A worker examines the valve of a pump on an Oil and Natural Gas Corp (ONGC) well in Ahmedabad March 1, 2012. REUTERS/Amit Dave/Files

ONGC sees new subsidy rules boosting Q1 profit

India's top energy explorer ONGC said on Thursday it expects current-quarter profit to be boosted by an interim rule change on discounts offered by upstream oil companies to state retailers.  Full Article 

Sahara denies report of it bidding for Grosvenor House 9:57pm IST

MUMBAI - Troubled conglomerate Sahara, the founder of which has been held in a jail for more than a year, has dismissed media reports saying it is participating in an auction of the Grosvenor House hotel in London as "incorrect and speculative".

A soldier of the Indian army stands guard in Medo village, an insurgency affected area, on the road to India-China border in Arunachal Pradesh, another state that is under AFSPA, September 6, 2007. REUTERS/Parth Sanyal/Files
Top News

Tripura govt revokes controversial AFSPA

Lawmakers in Tripura on Thursday revoked the controversial Armed Forces Special Powers Act that had given the military shoot-to-kill powers and shielded soldiers from prosecution for 18 years.  Read 

Advet Bhambhani, CEO of Dubai-based ABV Group, poses before his interview with Reuters in New Delhi, India, May 22, 2015. REUTERS/Adnan Abidi

"We want to start India’s first luxury hospitals"

Excerpts from a chat with Advet Bhambhani, the man who plans to open hospitals that would resemble hotels, offer personalised care and transport patients in Rolls Royce cars.  Interview | Pictures 

A U.S. Navy crewman aboard a P-8A Poseidon surveillance aircraft points to a computer screen purportedly showing Chinese construction on the reclaimed land of Fiery Cross Reef in the disputed Spratly Islands in the South China Sea in this still image from video provided by the United States Navy May 21, 2015. REUTERS/U.S. Navy/Handout via Reuters
South China Sea Dispute

U.S. hopes island-building will spur response

By releasing video of Beijing’s island reclamation work and considering more assertive maritime actions, the United States is signaling a tougher stance over the South China Sea and trying to spur Asian partners to more action.  Full Article | Video 

A fighter from the Islamic State, formerly known as the Islamic State of Iraq and the Levant (ISIL), mans an anti-aircraft gun mounted on the rear of a vehicle in Mosul July 16, 2014. REUTERS/Stringer/Files
Fighting Islamic State

Islamic State may be reaching expansion limits

Although Islamic State fighters sound triumphant on YouTube, vowing to press on to Baghdad and Damascus, there appears to be little room for them to expand their territory further - at least for now.  Read 

FIFA President Sepp Blatter adjusts his glasses as he addresses a news conference after a meeting of the FIFA executive committee in Zurich September 26, 2014. Reuters/Arnd Wiegmann/Files
FIFA Corruption Scandal

Pressure mounts on Blatter as scandal widens

Pressure mounted on FIFA President Sepp Blatter as the corruption scandal engulfing the body deepened, with warnings from big sponsors & growing criticism from senior Western politicians.  Read 

Caroline Wozniacki of Denmark plays a shot to Julia Goerges of Germany during their women's singles match at the French Open tennis tournament at the Roland Garros stadium in Paris, France, May 28, 2015. REUTERS/Vincent Kessler
French Open

Wozniacki joins exodus of women's seeds

Former world number one Caroline Wozniacki joined the exodus of women's seeds at the French Open on Thursday when the Dane was bundled out in the second round by Germany's Julia Goerges.  Read 

Roger Waters and Nick Mason

Pink Floyd's Waters says they were awful at first

Pink Floyd founding members Roger Waters and Nick Mason joked while unveiling a memorial plaque that they were so bad at first that they wouldn't have passed an audition on a talent show.  Read | Video 

Latest Headlines

Jammu and Kashmir

Peter Van Buren

Iraq will never be whole again, so what’s next?

The only way for Iraq to remain unified was a stalemate of force, with no side having the might to win nor weak enough to lose, with negotiations to follow. As the U.S. passively watched the Iranians become its proxy boots on the ground against Islamic State, all the while knowing Tehran’s broader agenda was a Shi’ite Iraqi client, that possibility was lost.  Commentary 

Josh Cohen

Breakdown in U.S.-Russia relations raises risk of nuclear-armed jihadists

Nuclear security in Russia is undoubtedly better than it was in the 1990s. But real problems still remain. Russia continues to have the world’s largest nuclear stockpile and there are more than 200 buildings and bunkers where highly enriched uranium or separated plutonium is stored. Sophisticated criminals could still exploit the weaknesses in Russian nuclear security.  Read 

Paula Newberg

Why Pakistan is friends with everyone – and no one

Though Islamabad hasn’t yet ended the domestic terror that rips through its schools, mosques and markets, or sorted out its hostilities with India, it has embarked on a complicated foreign policy. Seeking to solve its many economic, political and security problems, Pakistan is trying, concurrently, to court four rich and powerful patrons: China, Saudi Arabia, Iran and the U.S.  Read 

Raffaello Pantucci

Untangling the web of India, China and Pakistan diplomacy

India, Pakistan and China need to shed their historical legacies, and find ways of ending the paranoid tensions that underlie their global outlooks. Until this has been achieved, the CPEC, BCIM and any other regional economic framework will be undermined and no long-term stability will be found in the heart of South Asia.  Full Article 

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