A farmer works in his paddy field against the backdrop of monsoon clouds in Agartala July 23, 2010. REUTERS/Jayanta Dey/Files

Monsoon rains seen just below average in 2014

India is likely to witness below-average rainfall in 2014, the government's weather office said on Thursday, if El Nino hits the four-month-long rain season.  Full Article | Full Coverage: Monsoon 

Air India seeks to lease 14 Airbus A320 aircraft 6:11pm IST

NEW DELHI - Air India Ltd is seeking to lease 14 Airbus A320 aircraft, according to a tender document posted on the state-run carrier's website.

An advertisement for Bharti Infratel Limited's initial public offering (IPO) is seen posted on a wall as a roadside vendor selling magazines and newspapers waits for customers in New Delhi December 12, 2012. REUTERS/Adnan Abidi/Files

Bharti Infratel Q4 net profit jumps 64 percent

Telecommunications tower operator Bharti Infratel Ltd reported a 64 percent jump in its quarterly profit, beating estimates on higher revenue from leasing mobile phone masts to phone carriers.  Read 

Angry family members of missing passengers onboard the capsized Sewol ferry drag Choi Sang-hwan, deputy head of the South Korean coast guard (2nd R), and a government official (C) out from their office to demand for faster and more efficient rescue work at a port where many family members are waiting for news from the search and rescue team in Jindo April 24, 2014.  REUTERS/Kim Kyung-Hoon
Korean Boat Tragedy

Boy, girl tied life jackets together before dying

A boy and girl trapped in a sinking South Korean ferry with hundreds of other high school students tied their life jacket cords together, a diver who recovered their bodies said, presumably so they wouldn't float apart.  Full Article | Prosecutors raid shipping safety watchdogs 

Afghan presidential candidate Abdullah Abdullah arrives for an interview in Kabul April 20, 2014. REUTERS/Mohammad Ismail

Abdullah-Ghani run-off likely in Afghan election

The Afghanistan presidential election is poised to go to a run-off after the latest tally of votes released on Thursday showed neither former foreign minister Abdullah Abdullah nor former finance minister Ashraf Ghani securing an outright majority.  Full Article 

Smoke rises from chimneys and facilities of steel plants on a hazy day in Benxi, Liaoning province November 3, 2013. REUTERS/Stringer/Files

China to impose tougher penalties on polluters

China passed amendments to the country's environmental protection law that will impose tougher penalties on polluters in the most sweeping revisions to the law in 25 years.  Full Article 

Real Madrid's Karim Benzema (L) scores against Bayern Munich's goalkeeper Manuel Neuer during their Champions League semi-final first leg soccer match at Santiago Bernabeu stadium in Madrid April 23, 2014. REUTERS/Darren Staples
Soccer

Real home in on elusive 10th European crown

Real Madrid took a step closer to an elusive 10th European Cup with a 1-0 home win over Bayern Munich on Wednesday and the Spanish side will hope to finish off the job in Germany having shown how effective they are on the counter-attack.  Full Article 

Latest Headlines

Debra Sherman

Remembering Debra

Our much beloved colleague Debra Sherman has died after battling lung cancer for more than a year. She covered healthcare for more than a decade, writing considered pieces on such subjects as the rising financial toll posed by a cancer diagnosis. After learning of her own illness, she employed that expertise in fighting the disease and imparting to readers accounts of her experience in her "Cancer in Context" blog.  Read 

CINEMA

A handoout still from 'The World Before Her'

Guns and Gowns: Two faces of Indian woman

Nisha Pahuja‘s film “The World Before Her” juxtaposes two training camps - one for the Durga Vahini (army of Durga), the women’s unit of the right-wing Vishva Hindu Parishad (World Hindu Council), and the other for the Miss India beauty pageant. Pahuja wanted to make a film that would explore a common theme in two worlds that at first look like they are opposites.   Full Article 

Mahamet, a 17-year-old Syrian boy from Azaz, waits for customers in front of the jewellery shop where he works as a translator in Kilis on the Turkish-Syrian border March 18, 2014. REUTERS/Murad Sezer/Files

Election cash restrictions to dent gold imports

India's gold imports in April and May could be less than half of arrivals in March, as restrictions on the movement of cash during general elections dent the buying power of consumers, jewellery industry officials said. Gold arrivals in both April and May could plunge to 20 tonnes, from March imports of 50 tonnes.  Full Article 

Andy Mukherjee

Missing inflation could make Asian bonds frothier

When inflation picks up, so do bond yields, which drives prices of those bonds down. Before the 2008 crisis, consumer prices in Asia were rising at a faster-than-anticipated pace. Investors demanded more compensation for holding paper with fixed-rate returns, and policy-makers raised short-term rates, so yields on sovereign debt surged.  Full Article 

A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai February 6, 2014. REUTERS/Mansi Thapliyal/Files

Why IT, pharma stocks are not pariahs

Expectation that the ongoing general election will throw up a stable government has spurred a return to risk in domestic equities. Assuming a strong government is indeed voted in, will it mean the IT and pharma sectors will become market pariahs? Unlikely, writes Mukesh Agarwal of CRISIL.  Full Article 

John Foley

Graft purges don’t hurt shareholders - insiders do

China Resources chairman Song Lin has been sacked for disciplinary violations, leaving an empire with $150 billion in assets leaderless. Though China’s state-company bosses will quake in their loafers, the damage to investors looks manageable. The real problem is a wider culture that treats outside shareholders as an afterthought.  Full Article 

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