Finance Minister Arun Jaitley (L) and Reserve Bank of India (RBI) Governor Raghuram Rajan attend a convocation ceremony for students at a university in Mumbai January 9, 2015. REUTERS/Shailesh Andrade/Files

Govt and RBI at odds over who decides rates

Having agreed this week to formally adopt inflation targeting as a guiding star for monetary policy, India's government and central bank remain at odds over how crucial decisions are made.  Full Article 

RBI eases bank loan rules for low-cost housing 9:56am IST

MUMBAI - The Reserve Bank of India (RBI) has allowed lenders to add the cost of registration and stamp duty in the total cost of a house valued at not more than 1 million rupees for determining the maximum loan the property can get, in a move aimed at boosting availability of affordable housing.

British filmmaker Leslee Udwin poses for a picture after addressing a news conference in New Delhi March 3, 2015. REUTERS/Anindito Mukherjee
"India's Daughter" Controversy

Stupid to think film promotes rapists - Udwin

British filmmaker Leslee Udwin, whose documentary on the Delhi gang rape of 2012 created a controversy, tells India Insight the argument that airing the convict’s interview would amount to giving him a platform to promote his views was “stupid” and “uneducated”.  Read 

Police control the site after a knife attack outside the Guangzhou Railway Station, Guangdong province, March 6, 2015. REUTERS/Stringer

Knife attack wounds 9 at Chinese train station

Knife-wielding attackers slashed and stabbed people at a railway station in the southern Chinese city of Guangzhou, wounding at least nine before police shot dead one of the suspected assailants and arrested another.  Full Article 

Prime Minister Narendra Modi attends an event organised by the Christian community to celebrate the beatification of two Indians by Pope Francis late last year, in New Delhi February 17, 2015.  REUTERS/Stringer
Diplomacy

Modi to ramp up help for Indian Ocean nations

Prime Minister Narendra Modi will offer island nations in the Indian Ocean a broad range of military and civilian assistance next week in a bid to wrest back some of the influence China has gained by spending billions of dollars in the region. Modi will make the pledges during a visit to Sri Lanka, the Maldives, Mauritius and Seychelles after decades of neglect by successive Indian governments.   Full Article 

An Apple Watch is seen during an Apple event at the Flint Center in Cupertino, California, September 9, 2014. REUTERS/Stephen Lam/Files

Apple lets firms fine-tune Watch apps - report

Apple Inc has allowed some companies to test their apps on its yet-to-be-launched Apple Watch and adjust the tools to the watch's design, Bloomberg reported.  Full Article 

India's Virat Kohli gestures during a training session before the fourth cricket test match against England at the Old Trafford cricket ground, Manchester, England August 6, 2014. REUTERS/Philip Brown

BCCI warns Kohli against repeat of outburst

India's batting mainstay Virat Kohli has been censured for his ugly outburst against a travelling Indian journalist in Perth and has been advised to maintain dignity, the BCCI said on Thursday.  Full Article 

Water from the overflowing river Tawi floods a temple of the Hindu elephant god Ganesh, the deity of prosperity, during heavy rains in Jammu September 6, 2014.  REUTERS/Mukesh Gupta/Files
Environment

India, Bangladesh most at risk from river floods

India, Bangladesh and China are most at risk from river floods, with an increasing number of people threatened because of climate change and economic growth in low-lying regions, a study says. People living in 15 emerging nations, led by India, Bangladesh, China, Vietnam and Pakistan, accounted for almost 80 percent of all those affected by floods in an average year, it said.   Full Article 

Latest Headlines

Fans pose with Fifty Shades of Grey paraphernalia at the film's UK premiere in London, February 12, 2015. REUTERS/Neil Hall

Fifty Shades of Grey’s future gets greyer

Indian audiences might not be able to watch the erotic drama “Fifty Shades of Grey”, even though its producer, Universal Pictures, cut all nudity and several sexually explicit scenes in the film before submitting it to the country’s censor board for review. An examining committee of the censor board objected to some of the language in the film after the studio made the voluntary cuts.  Full Article 

Shilpa Jamkhandikar

Franchise Man swoops in to save Bollywood

At least two studios are focusing on franchises, writing scripts and developing stories that will span at least three films. This is a new concept for Bollywood. In the past, the industry used the term “franchise” loosely. Typically, producers inched their way toward sequels, greenlighting them only once the first film proved successful. Subsequent movies in series didn’t even necessarily share anything.  Read 

Sankalp Phartiyal

Budget lacks wow, but good enough: Jim O’Neill

Jim O’Neill, who coined the term BRICs to highlight emerging economic powerhouses Brazil, Russia, India and China, said India’s budget lacked a “wow” factor but was good enough to push the country on a path of 8 percent growth or more “for a long time”. In an interview, O’Neill gave his views on India’s budget, the BRICS nations, and the government’s decision to adopt inflation targeting.  Full Article | Video 

Barbara F. Walter

Why do European Muslim girls look to Islamic State for marriage material?

The reasons, according to analysts, are roughly the same reasons as for men. Some are alienated from European society. Others are angry at the inequality they see and experience. Still others are looking for adventure or have a romantic idea of wanting to help the Sunni community in the Middle East.  Commentary 

Lynn Stuart Parramore

Four reasons to raise women’s pay that should make men happy

Equal pay for women doing the same work as men should be a no brainer because it’s a matter of fairness. But this isn’t just about sisters getting what they deserve or even a convenient political talking point. Equal pay helps everyone, and ever more Americans are voicing their concern about continued disparities.  Commentary 

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