A woman holds the flag of Greece and a poster in favour of the 'NO' campaign, at the 'Greek solidarity festival' in Trafalgar Square, London, Britain, July 4, 2015. REUTERS/Peter Nicholls

Greece votes in referendum with future in euro in doubt

Greece votes on Sunday on whether to accept more austerity in exchange for international aid, in a high-stakes referendum likely to determine whether it leaves the euro-currency area after seven years of economic pain.  Full Article | Related Story 

Hillary Clinton accuses China of hacking U.S. computers 8:54am IST

GLEN, N.H. - U.S. Democratic presidential candidate Hillary Clinton accused China on Saturday of stealing commercial secrets and "huge amounts of government information," and of trying to "hack into everything that doesn't move in America."

A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai May 13, 2014. REUTERS/Danish Siddiqui/Files
Indian Economy

Markets Weekahead: Time to wait and watch

The coming week could start on a more decisive note as a result of the referendum in Greece. A positive development in Greece could give us a temporary rally for the next few days but domestic factors would play out in a longer time frame. It would be futile to guess what will happen to Greece. Therefore, I would prefer to wait and watch, writes Ambareesh Baliga.   Full Article 

Petra Kvitova of the Czech Republic reacts during her match against Jelena Jankovic of Serbia at the Wimbledon Tennis Championships in London, July 4, 2015.   REUTERS/Henry Browne
Wimbledon

Defending champion stunned in third round

Holder Petra Kvitova suffered a shock 3-6 7-5 6-4 defeat by Serbia's former world number one Jelena Jankovic in the Wimbledon third round on Saturday.  Full Article | Slideshow: Best of Wimbledon 

Afghan National Army (ANA) soldiers carry coffins of Afghan Local Police (ALP) officers, who were killed on Friday during fighting between Afghan security forces and Taliban militants in Jalrez district of Wardak Province, at a military funeral in Kabul July 4, 2015. REUTERS/Ahmad Masood
Afghanistan

Defence minister rejected, forces battle Taliban

Afghanistan's parliament rejected a second nominee for defence minister on Saturday, leaving a vacuum that has already lasted nine months, while government forces battled the Taliban just 30 miles west of the capital Kabul.  Full Article 

A woman farmer walks with her cattle against the backdrop of monsoon clouds on the outskirts of Agartala, capital of ITripura July 12, 2014. REUTERS/Jayanta Dey/Files

Surplus monsoon rains accelerate crop sowing

Ample monsoon rainfall in the month of June accelerated planting of main crops such as rice and cotton, government data showed on Friday, though the current dry spell could slow down the pace of sowing in coming weeks. Weather officials forecast monsoon rains would remain subdued in large parts of the country in the first half of the month of July.  Full Article | Full Coverage 

Gold bracelets are on display as a woman (L) makes choices at a jewellery showroom in Kolkata April 21, 2015. REUTERS/Rupak De Chowdhuri/Files
Gold Imports

India gold prices at discounts on weak demand

Gold prices in major consumer India were quoted at deep discounts to the global benchmark this week on tepid demand and adequate levels of inventory, dealers said. Prices were quoted at a discount of $8 to $15 an ounce over London prices, much wider than the $1 discount in mid-June, they said.  Full Article 

An employee poses with the bundles of Indian rupee notes inside a bank in Agartala, the capital of Tripura August 22, 2013. REUTERS/Jayanta Dey/Files
Divestment

Govt seeks legal advisers to sell PSU stakes

India took a step toward selling minority stakes in state-run companies including Oil India Ltd and NTPC on Friday, part of a drive to sell off $11 billion of government assets this fiscal year. The government said it had invited legal advisers to submit bids by July 24 to manage the sales. Other assets up for grabs include stakes in Engineers India Ltd, MMTC and Bharat Electronics Ltd.  Full Article 

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Una Galani

Ousted CEO shows risks of SoftBank startup splurge

Failure is an unpleasant fact for most startups. One in three new companies lose most of the capital that investors have put into them. Housing.com may benefit from CEO Rahul Yadav’s removal. But it will be harder for the company to succeed now that it has been forced to cut all ties to its founder. The fallout raises the question of how many of SoftBank’s similar investments will deliver a positive return.  Opinion 

Why the people crossing the Mediterranean aren’t ‘migrants’

Why the people crossing the Mediterranean aren’t ‘migrants’

In 2015, majority of arrivals in Europe have so far come from four countries: Syria, Eritrea, Afghanistan, and Somalia. These are all countries at war or with repressive dictatorships (Eritrea), so most of their citizens should be given refugee status in the EU, according to EU rules.  Commentary 

Matthew Gault

Failure of new U.S. weapons systems may be more than science fiction

A war between China and America is a favorite subject of armchair military analysts. Why would it happen? How would it play out? Authors have written thousands of pages online and off trying to answer these questions. That’s why Ghost Fleet, a new novel by national-security analysts August Cole and P.W. Singer, is fascinating.   Commentary 

Hugo Dixon

Tsipras looks like he is crumbling

It looks like Alexis Tsipras is crumbling. After the banks closed and public opinion started moving against him, the Greek prime minister seems desperate for a deal with his creditors. Athens has now defaulted to the International Monetary Fund, adding to the pressure. But it is not clear lenders will cut him any slack. They may prefer to deal with his successor.  Commentary 

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