Police and members of the rescue operation stand at the site of a train derailment near Harda, Madhya Pradesh, in this handout provided by ANI on August 5, 2015. . REUTERS/ANI/Handout via Reuters

Floods derail two trains in Madhya Pradesh, 20 dead

Two express trains were partially swept off a flooded bridge over a river in Madhya Pradesh, killing at least 20 people and injuring 100, the government said on Wednesday.  Full Article 

Adani's Australia coal mine hits environmental legal snag 9:13am IST

SYDNEY - An Australian court on Wednesday revoked the government's environmental approval for one of the world's biggest coal mines under construction in the Australian outback by Indian conglomerate Adani Mining.

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 

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

RBI keeps its policy rate unchanged

The Reserve Bank of India (RBI) 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 

Debris that has washed onto the Jamaique beach in Saint-Denis is seen on the shoreline of French Indian Ocean island of La Reunion, August 3, 2015. REUTERS/Jacky Naegelen

MH370 drift models gave wrong clues: Australia

Initial models of where potential debris from a missing Malaysia Airlines passenger jet might first wash up had incorrectly identified Indonesia as the most likely location, the Australian body leading the search said on Wednesday.  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 

Latest Headlines

Views and Expert Opinion with Sankalp Phartiyal
    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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    Robert Downey Jr. poses at the european premiere of "Avengers: Age of Ultron" at Westfield shopping centre, Shepherds Bush, London April 21, 2015. REUTERS/Stefan Wermuth/Files

    Robert Downey Jr. ranked world's top-earning actor by Forbes

    "Iron Man" star Robert Downey Jr. was named the world's top-earning actor by Forbes, taking first place on a list that featured leading men from Bollywood as well as Hollywood for the first time. Amitabh Bachchan, Salman Khan and Akshay Kumar also featured in the top 10.  Full Article 

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