Bicycles are parked near the Plaza Hotel in the Manhattan borough of New York August 18, 2014.REUTERS/Carlo Allegri/Files

SEBI piles pressure on Sahara to sell hotels

The Securities and Exchange Board of India (SEBI) has accused Sahara of deliberately failing to sell its marquee overseas hotels in New York and London, seen as crucial to it complying with an order to repay investors and secure the release of Subrata Roy.  Full Article 

M&M Q2 net profit down 4 percent, hit by poor monsoon 8:07am IST

NEW DELHI - Automaker Mahindra and Mahindra Ltd posted a 4 percent drop in second-quarter net profit, missing analyst estimates, after a poor and delayed monsoon hit demand for its tractors.

Panama-flagged cargo ship MV Asphalt Venture arrives at the Kenyan Port of Mombasa April 28, 2011. REUTERS/Joseph Okanga/Files
Maritime Piracy

Somali pirates free Indian sailors after 4 years

Somali pirates have freed seven Indian sailors detained for close to four years in exchange for an undisclosed ransom, Somali officials and a maritime monitoring group said on Friday. The sailors, held since the pirates hijacked the Panama-flagged ship MT Asphalt Venture in September 2010, were freed on Thursday. Eight of their colleagues were freed in April 2011 for a ransom.   Full Article 

A member of ground crew works on a Malaysia Airlines Boeing 737-800 airplane on the runway at Kuala Lumpur International Airport in Sepang July 25, 2014. REUTERS/Olivia Harris
Flight MH370

Malaysia Airlines faces first suit on missing flight

Two children of a passenger on Malaysian Airlines Flight MH370 have sued the company and the Malaysian government for damages, the first lawsuit to be filed over the aircraft which disappeared in March. The two boys, aged 13 and 14, filed the suit at the High Court registry, also naming the heads of the Department of Civil Aviation, the Immigration Department and the country's air force.  Full Article 

A man uses an e-cigarette, an electronic substitute in the form of a rod, slightly longer than a normal cigarette, in this illustration picture taken in Paris, March 5, 2013. REUTERS/Christian Hartmann/Files

India mulls ban on e-cigs, sale of single smokes

The government is considering a ban on electronic cigarettes over the risks to public health that they may cause, a senior Health Ministry official said. Such devices use battery-powered cartridges to produce a nicotine-laced vapour but there is a lack of long-term research that confirms they are safe.  Full Article 

An employee stands next to coils of steel inside a factory in Dalian, Liaoning province, October 18, 2013. REUTERS/China Daily/Files

China's Oct factory growth slips to 5-month low

Growth in China's factories fell to a five-month low in October, missing expectations for an expansion as manufacturers battled cooling order growth and rising costs in the slowing economy. The official Purchasing Managers' Index eased to 50.8 in October from September's 51.1, the National Bureau of Statistics said, but above the 50-point level.  Full Article 

German Chancellor Angela Merkel attends a cabinet meeting at the Chancellery in Berlin October 29, 2014.REUTERS/Hannibal Hanschke

Europe won't recognise vote in Ukraine: Merkel

German Chancellor Angela Merkel told Russian President Vladimir Putin on the phone that Sunday's planned elections in eastern Ukraine were illegitimate and would not be recognised by European leaders, a Berlin government spokesman said on Friday.  Full Article 

Switzerland's Roger Federer reacts during his men's singles quarter-final tennis match against Milos Raonic of Canada at the Paris Masters tennis tournament at the Bercy sports hall in Paris, October 31, 2014. REUTERS/Benoit Tessier

Federer's number one hopes take a hit

Roger Federer's hopes of knocking Novak Djokovic off the top of the ATP world rankings before the end of the year took a hit when he lost to big-serving Canadian Milos Raonic in the Paris Masters quarter-finals on Friday. The Swiss second seed was beaten 7-6(5) 7-5.  Full Article 

A Minute With: Kalki Koechlin

A Minute With: Kalki Koechlin

Kalki Koechlin is one of the few Bollywood actresses in recent years to build her star power while proving her talent in indie and mainstream cinema. Koechlin, 30, who was born in India to French parents, spoke to Reuters about her role as a disabled girl in "Margarita, With a Straw" and spending two months in a wheelchair for the part.  Full Article 

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SpaceShipTwo Crash

Why Israel doesn’t care what Obama thinks, or what officials call Netanyahu

Why Israel doesn’t care what Obama thinks, or what officials call Netanyahu

It is an open secret that the Obama administration is exasperated with the Israeli PM, especially with his disinterest both in making a peace deal with the Palestinians and normalizing relations with Sunni Arab states. Senior aides are also understandably riled by the Israeli government’s confrontational approach toward the administration.  Commentary 

Edward Hadas

Fear no robot overlords. They can become our best friends.

The “konditorei” in Sankt Florian, Austria, offers fine pastries and wonderful hot chocolate. It was the perfect location to interrupt a holiday for a bit of work. Over a slice of strudel, I spent a few minutes last week contemplating my colleague Andy Mukherjee’s well argued article about the danger robots pose for the modern economy. Looking around the bakery-cafe, I saw why Andy should be proven wrong.  Full Article 

D H Pai Panandiker

If Europe gets into a debt crisis

With the debt crisis building up in Europe, the rupee could possibly go down to the level reached in 2013 due to repatriation of FII investment. That is enough for the stock market to plunge. While the ECB will use all the tools at its disposal to prevent another debt crisis, one thing is almost certain - weakening of the euro currency, which may help Europe but not India.  Read 

Limestone funerary reliefs from Syria are on the International Council of Museums Emergency Red List of cultural objects at risk of looting. REUTERS/ICOM

How the West buys ‘conflict antiquities’ from Iraq and Syria (and funds terror)

“Many antique collectors unwillingly support terrorists like Islamic State, ” Michel van Rijn, one of the most successful smugglers of antique artifacts in the past century, told German broadcaster Das Erste. And smuggling is booming in Iraq and Syria. In Iraq, 4,500 archaeological sites are reportedly controlled by Islamic State.  Commentary 

India, Indonesia take different, but similar coal paths

India, Indonesia take different, but similar coal paths

India, poised to become the world's largest importer of thermal coal, appears to be opening up its domestic mining sector to foreign competition just as Indonesia, its biggest supplier, is making it harder for exporters.  Full Article 

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