Weekahead - Nifty to trade in band of 7,800-8,200

Weekahead - Nifty to trade in band of 7,800-8,200

The Nifty will stay in a broad band of 7,800-8,200 with an immediate resistance at around 8,050 levels. One should look to selectively accumulate in sectors such as infrastructure, capital goods, cement, power and metals. The outperforming sectors such as pharma, IT and auto ancillaries could take a breather due to international headwinds, writes Ambareesh Baliga.  Full Article 

U.S. diplomat travels to West Africa as Ebola quarantine moves take hold 11:52am IST

NEW YORK - As the U.S. Ambassador to the United Nations embarked on a trip to West Africa, new rules in three U.S. states mandating quarantine for health workers returning from the Ebola-stricken region drew criticism, even as some U.S. lawmakers called for a travel ban on the three worst-hit countries.

A supporter of Bharatiya Janata Party (BJP) poses with the sweets in front of the portrait of Prime Minister Narendra Modi in Mumbai October 19, 2014. REUTERS/Danish Siddiqui
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PM Modi takes no questions in first press event

Prime Minister Narendra Modi took tea, but no questions, on Saturday at his first staged meeting with the press since coming to power five months ago, underscoring the delicate relationship he has with the fourth estate. Modi said he wanted to strengthen ties with journalists and thanked them for reporting on a 'Clean India' campaign he launched recently.  Full Article 

Cassi Bjorne (2nd L), whose son is a senior at Marysville-Pilchuck High School, hugs Joanne Parker (L) during a vigil at Mountain View Presbyterian Church in Marysville, Washington October 25, 2014. REUTERS/Jason Redmond

Washington shooter's family living in 'nightmare'

Relatives of a Washington state teen accused of a shooting rampage said that they were living in a "nightmare" and struggling to understand why the boy targeted his cousins and friends before killing himself.  Full Article 

No joy for Suarez as Real beat Barca

No joy for Suarez as Real beat Barca

Real Madrid trimmed Barcelona's lead at the top of La Liga to one point when they recovered from letting in an early goal to secure a stirring 3-1 comeback win in the 'Clasico' on Saturday.  Full Article 

Finance and Defence Minister Arun Jaitley (C) arrives to attend a meeting with the finance ministers of states on the Goods and Services Tax (GST) issues in New Delhi July 3, 2014. REUTERS/Adnan Abidi/Files

Jaitley favours interest rate cut - paper

Finance Minister Arun Jaitley favours a cut in interest rates to trigger demand in the construction sector, a newspaper report said on Saturday, but the Reserve Bank of India (RBI) has signalled it will not ease policy until it is confident of lower inflation.  Full Article 

Google executive sets new stratosphere skydive world record

Google executive sets new world altitude record

A skydiving Google executive is safely back on Earth after jumping out of a giant balloon floating in the stratosphere more than 25 miles (40 km) above New Mexico, a feat that broke the sound barrier and shattered a world altitude record. Alan Eustace was lifted up 135,890 feet (41,419 meters) by an enormous balloon shortly before dawn on Friday, the Paragon Space Development Corp said.  Full Article 

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Peace Laureate's Call

Children's right activist Kailash Satyarthi laughs at his office in New Delhi October 10, 2014. REUTERS/Adnan Abidi

Spend less on arms, more on schools, says Nobel laureate Satyarthi

Countries around the world should cut their defence budgets and invest in education if child labour is to be eradicated, said Nobel laureate Kailash Satyarthi. Satyarthi founded the charity Bachpan Bachao Andolan (Save the Childhood Movement) in 1980 and has helped rescue over 80,000 children - many of whom were trafficked from poor rural villages.  Full Article 

John Lloyd

Lessons of Ebola: Unequal in life, unequal in death

Dr. Margaret Chan, who leads the WHO, sent her chief of staff to a WHO regional conference in Manila to spotlight something we rarely keep in our conscious mind and don’t, collectively, do much about: Inequalities can be a matter of ever-longer life, or a most miserable death: Inequalities can be a matter of ever-longer life, or a most miserable death.   Commentary 

Being the ‘indispensable nation’ is killing American democracy

Being the ‘indispensable nation’ is killing American democracy

America — proudly dubbed the “indispensable nation” by its national-security managers — is now the entangled nation enmeshed in conflicts across the globe. The indispensable nation is permanently engaged across the globe. But endless war undermines the Constitution.   Commentary 

Oil pumping machine.

Cheap oil is no tonic for Asian economies

Cheaper oil won’t be much of a tonic for Asian economies. While painful for exporters, sliding prices should benefit consumers of crude. For most in the region, though, less expensive oil is mainly a sign that growth is stalling. The big exceptions are India and Indonesia. For them, the price slide over the past 4 months translates into significant budgetary savings.  Full Article