Modi needs to show Indians more reasons to save

MUMBAI - On paper, India's households have more reason than ever to save. But convincing them that the central bank can keep inflation low is proving difficult, hindering the country's ambitious growth plans.

India's sales tax should be below 20 percent - Congress party 12:08am IST

NEW DELHI India's proposed sales tax should be set at less than 20 percent, the opposition Congress party said on Thursday, signalling a willingness to compromise as long as the government takes into account its concerns.

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A commando takes up position during a gun battle at the Taj Mahal Hotel in Mumbai November 29, 2008. REUTERS/Arko Datta/Files

Remembering 26/11

It’s not often that you get to read your own name in the obituaries. Three days after armed militants went on the rampage in Mumbai, newspapers and TV channels included my name in the list of people who lost their lives in the carnage.  Reuters Witness | Slideshow 

Russia's President Vladimir Putin (R) shakes hands with his French counterpart Francois Hollande during a news conference at the Kremlin in Moscow, Russia, November 26, 2015. REUTERS/Sergei Chirikov/Pool
Fighting Islamic State

Hollande, Putin to work closely to combat IS

MOSCOW - France and Russia will exchange intelligence on Islamic State and other rebel groups to improve the effectiveness of their aerial bombing campaigns in Syria, French President Francois Hollande said after talks with Vladimir Putin.  Full Article 

South Africa's captain Hashim Amla (R) runs between wickets during the second day of their third test cricket match against India in Nagpur, India, November 26, 2015. REUTERS/Amit Dave

India sense victory after South Africa crumble

India need eight wickets to clinch the four-test series against South Africa after their spinners, led by Ravichandran Ashwin, wreaked havoc on a turning track on the second day of the third test.  Read | Photos 

A customer tries a gold necklace at a jewellery showroom on the occasion of Dhanteras, a Hindu festival associated with Lakshmi, the goddess of wealth, at a market in Mumbai, India, November 9, 2015. REUTERS/Shailesh Andrade

Demand might fall to 8-year low in Dec quarter

India's gold buying in the key December quarter is likely to fall to the lowest level in eight years, hurt by poor investment demand and back-to-back droughts that have slashed earnings for the country's millions of farmers. The sluggish demand could halve imports by the world's second-biggest gold consumer in U.S. dollar terms in the final quarter, a retailer and two bank dealers said.  Full Article 

Afghan president Ashraf Ghani speaks during a event with media in Kabul, in this file photo dated March 21, 2015. REUTERS/Omar Sobhani

Afghan president sacks security officials

KUNDUZ, Afghanistan - Afghan President Ashraf Ghani dismissed national security agency officials who he said had neglected their duty to defend the northern city of Kunduz, which Taliban militants briefly captured in September.  Full Article 

A missile is seen inside an underground missile base for Iran's Islamic Revolutionary Guards Corps (IRGC) Aerospace Force at an undisclosed location in this undated handout photo courtesy of Fars News. REUTERS/ via Reuters

U.N. report on Iran weapons work not definitive

VIENNA - A United Nations report on whether Iran has in the past carried out work related to nuclear weapons will not reach a definitive conclusion on the subject, the chief of the U.N. nuclear agency Yukiya Amano said.  Full Article 

Ride-hailing firm Ola hires former Infosys CFO

Ride-hailing firm Ola hires former Infosys CFO

Ola, India's biggest ride-hailing service, said on Thursday it has appointed former Infosys Ltd executive Rajiv Bansal as chief financial officer, joining other technology start-ups attracting top officials from leading companies. Bansal, former finance chief and advisor to the chief executive of Infosys, India's second-largest software services exporter, will join Bangalore-based Ola in January.   Full Article 

A woman walks out of the Russian Olympic Committee headquarters building, which also houses the management of Russian Athletics Federation in Moscow, Russia, in this file photo dated November 13, 2015. REUTERS/Maxim Zmeyev

No timetable on Russia return to Olympics

MONACO - The question of whether Russia will take part in next year's Olympic Games was no clearer after IAAF president Sebastian Coe held a news conference dominated instead by his personal relationship with Nike.  Full Article 

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News, Views and Expert Opinion with Ankush Arora


    A radar picture shows activities of the downed Russian warplane on the Turkish-Syrian border, November 24, 2015. REUTERS/Turkish Interior Ministry/Handout

    Preventing World War Three in Syria between Turkey and Russia

    Saving face for both country's leaders, who once considered each other friends, will be critical and best facilitated by calls of restraint from President Barack Obama and France’s leader, Francois Hollande.  The Great Debate