Indigo Airlines' ground staff stand next to an aircraft after it arrived at the Srinagar airport November 21, 2014. REUTERS/Adnan Abidi/Files

Owner of IndiGo, India's biggest airline, files for IPO

InterGlobe Aviation Ltd, which owns the country's biggest airline IndiGo, on Tuesday filed a draft prospectus for an initial public offering (IPO) to list on the domestic stock market and cash in on a booming air travel market.  Full Article 

India's infrastructure output rebounds in May, posts fastest growth in 6 months 30 Jun 2015

NEW DELHI - India's infrastructure output expanded for the first time in three months in May, posting an annual growth of 4.4 percent, which was also its fastest in six months, government data showed on Tuesday.

Security forces and firemen attempt to extinguish the wreckage of an Indonesian military transport plane after it crashed in the North Sumatra city of Medan, Indonesia, June 30, 2015 in this photo taken by Antara Foto. REUTERS/Irsan Mulyadi/Antara Foto

Over 100 dead in Indonesia military plane crash

More than 100 people were feared dead after a military transport plane ploughed into a residential area shortly after take-off in northern Indonesia on Tuesday.  Full Article | Related Story 

Suzuki Motor Corp Chairman and Chief Executive Osamu Suzuki (L) talks with Executive Vice President Toshihiro Suzuki at  a news conference in Tokyo September 12, 2011. REUTERS/Kim Kyung-Hoon/Files/Files
Business

Suzuki Motor CEO names son as new president

Suzuki Motor Corp's CEO Osamu Suzuki named his eldest son as the new president of Japan's fourth-biggest automaker, easing concerns over the firm's succession plan and boosting its shares by over 5 percent. Toshihiro Suzuki took over the role from his father as president and COO. Osamu Suzuki remained as CEO and chairman.  Full Article 

A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, June 24, 2015. REUTERS/Lucas Jackson
Leap Second

World's markets brace for 'leap second'

Financial markets around the world will open on Wednesday with a tinge of apprehension, not just because of developments in Greece or China, but because of an extra second. A "leap second" is being added to the world's clocks at midnight GMT on Tuesday, which could test the extremely sensitive trading systems of the modern algorithmic era, beginning with markets in Asia.  Full Article 

An Afghan policeman inspects the site of a suicide bomb attack in Kabul, Afghanistan, June 30, 2015.  REUTERS/Omar Sobhani
South Asia

Taliban attack wounds 21 Afghans, kills one

A Taliban suicide car bomb attack on a convoy of NATO troops in Kabul on Tuesday wounded 21 Afghan civilians and killed one, police and witnesses said. A Taliban spokesman used Twitter to claim responsibility for the attack, saying an American vehicle had been destroyed.  Full Article | Video 

The Apple logo is seen at the flagship Apple retail store in San Francisco, California April 27, 2015. REUTERS/Robert Galbraith/Files

Apple conspired to fix e-book prices - U.S. court

A divided federal appeals court on Tuesday said Apple Inc orchestrated a conspiracy with five publishers to increase e-book prices, in a victory for the U.S. Justice Department.  Full Article 

Roger Federer of Switzerland waves to fans after winning his match against Damir Dzumhur of Bosnia and Herzegovina at the Wimbledon Tennis Championships in London, June 30, 2015.   REUTERS/Henry Browne

Federer, Kvitova feast on Wimbledon starters

When Federer's game flows at Wimbledon and his opponent knows his place you half expect him to slide into a deckchair at changeovers, pour cream on to some strawberries and tuck in.  Full Article 

Latest Headlines

GREEK DEBT CRISIS

John Lloyd

Grexit signs: Drachma, how we’ve missed you!

There is no excuse for Greece. Since it joined the European Union in 1981, successive governments of left and right have treated the EU like a witless sugar daddy. They trusted their fellow members to be hopelessly infatuated with this sun-drenched cradle of democracy that the wallet would always open, the numerous peccadilloes always winked at and the answer always yes.  Opinion 

Amit Ganguly

Amid journalists’ killings, India’s press body chief says it needs more powers

The killing of two journalists this month raises concerns about the safety of journalists in the country. Reuters spoke to Press Council of India (PCI) Chairman Justice Chandramauli Kumar Prasad for his views on the killings, journalist safety in India and the working conditions of local reporters working in dangerous places in the country.  Full Article 

Matthew Vines

Even Christian Evangelicals are warming to gay marriage

Evangelicals are starting to change their minds about gay marriage. In recent months, three large evangelical churches - EastLakeCommunity Church in Seattle, Washington, GracePointe Church in Nashville, Tennessee, and City Church in San Francisco, California - have announced that they no longer believe all same-sex relationships are sinful.  Commentary 

An employee works inside the office of Myntra in Bengaluru, India, May 6, 2015. REUTERS/Abhishek N. Chinnappa/Files

Myntra: There’s life after the desktop

Myntra, India’s biggest online fashion retailer, made a big decision in May to shut its website and rely only on its app. The question was whether they could make a leap like that without hurting revenue and losing customers. They have made that leap, said Prasad Kompalli, head of Myntra’s e-commerce platform.  Full Article 

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