A worker uses a loader to assemble the coal at a yard in Ahmedabad November 20, 2014. REUTERS/Amit Dave

India targets private cash to build railways to its ports

India is targeting up to $1 billion of private investment by 2017 to build rail lines linking ports and national networks to ease growing congestion, which has delayed coal imports for power plants and contributed to a power supply crisis.  Full Article 

American Tower to buy Bharti Nigeria phone masts for $1.1 billion 6:51pm IST

MUMBAI - Bharti Airtel Ltd will sell more than 4,800 mobile phone masts in Nigeria to American Tower Corp for $1.05 billion, as part of its plan to cut costs and pare debt.

Chinese President Xi Jinping (R) shakes hands with India's National Security Adviser Ajit Doval at the Great Hall of the People in Beijing in this September 9, 2014 file photo.  REUTERS/Lintao Zhang/Pool/Files
Border Dispute

Doval named envoy for China border talks

India on Monday named its powerful national security adviser, Ajit Doval, as a special envoy on China, opening the way for resumption of talks on the disputed border, where tensions have risen in recent months over border patrols and stiffer defences. Doval, a close aide of PM Narendra Modi, will lead the negotiations with Chinese State Councillor Yang Jiechi.   Full Article 

A man looks out through a window with an advertisement of SpiceJet Airline, on a commercial building in Ahmedabad February 14, 2014. REUTERS/Amit Dave/Files
Aviation

SpiceJet in talks with investors for fresh capital

SpiceJet Ltd is in "exploratory and preliminary stage" talks with investors about raising fresh capital, the budget airline said in a regulatory statement on Monday. The airline said a few parties had approached it about making an investment but because the talks were at an early stage it would be improper to comment on the specifics of any possible stake sale.  Full Article | Quote 

French Foreign Minister Laurent Fabius (L), EU envoy Catherine Ashton (4th L) and U.S. Secretary of State John Kerry (R) look towards Britain's Foreign Secretary Philip Hammond during talks in Vienna November 21, 2014. REUTERS/Heinz-Peter Bader

West unlikely to demand Iran's full disclosure

World powers are pressing Iran to stop stonewalling a U.N. atomic bomb investigation as part of a wider nuclear accord, but look likely to stop short of demanding full disclosure of any secret weapon work by Tehran to avoid killing an historic deal.  Full Article 

Men receive treatment at a military hospital in Kabul, after being wounded during a suicide attack at a volleyball match on Sunday in the Yahya Khail district of Paktika province, November 24, 2014.  REUTERS/Mohammad Ishaq

Afghan bomber targeted police commander

The suicide bomber, his explosives concealed under his clothes, walked quietly into a packed volleyball venue in eastern Afghanistan. His target: a local police commander. Minutes later, a devastating explosion tore through the place.  Read | Suicide attack kills 45 

Waseem Iqbal poses for a photograph in Birmingham, central England November 20, 2014. REUTERS/Darren Staples
Insight: Britain

Tug of peace stronger than pull of war for many

For some British Muslims, the path to jihad and the path to peaceful aid work can traverse much of the same terrain. From an office in Britain's second largest city, Waseem Iqbal and a friend are planning a trip to the Middle East. In Jordan, they will bring food packages for Syrian refugees. For authorities struggling to prevent young Muslims from joining wars, understanding what drives these men is key.  Read 

Latest Headlines

Yuan

China monetary policy enters difficult adolescence

China’s economy is in the throes of financial adolescence. If all credit in China still came from banks, a reduction in the benchmark rate set by the People’s Bank of China would benefit most borrowers. In the past few years, however, China has sprouted all kinds of new ways to save and borrow that don’t respond predictably to the central bank’s orders.  Full Article 

Bulgari Chief Executive Officer Jean-Christophe Babin points at a photographer during the Bulgari 130th anniversary party in Tokyo May 29, 2014. REUTERS/Yuya Shino/Files

Bulgari CEO: we shouldn’t have left India so we’re back

Bulgari should never have left India three years ago, so it’s coming back, the chief executive of the Italian luxury jewellery and accessories company said in an interview. According to a survey, India’s luxury market is around $14 bln. Experts say India is the fastest-growing market for luxury goods, expected to grow higher than China in the next four years.  Interview 

How to get India’s exports back on track

How to get India’s exports back on track

The contraction of exports by 5 percent in October will pull down industrial growth and bloat current account deficit. The fall in exports may not be due to a chance fluctuation but a warning of things to come. There are strong reasons to suggest India’s export woes are due to worldwide trends which need to be understood so that the country can benefit from them.  Full Article 

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