IT exporters gain; stronger dollar to aid margins

Reuters Market Eye - Software exporters gain on hopes weakness in currencies against U.S. dollar would aid margins from overseas.

Factories expand at slowest pace this year in September 11:13am IST

BANGALORE - Indian factory activity expanded at its slowest pace in nine months in September as growth in new orders slowed, dragging on overall output, a business survey showed on Wednesday.

India's Chungneijang Mary Kom Hmangte (red) fights with Kazakhstan's Zhaina Shekerbekova (blue) during their women's fly (48-51kg) boxing match final at the Seonhak Gymnasium during the 2014 Asian Games in Incheon October 1, 2014. REUTERS/Kim Kyung-Hoon

Mary Kom punches her way to gold at Asiad

Boxer Mary Kom won gold in the women’s flyweight category (48-51kg) at the Asian Games in Incheon on Wednesday, taking India's medal tally to 47 including 7 golds.  Full Article 

U.S. President Barack Obama (R) listens as India's Prime Minister Narendra Modi speaks, during their meeting in the Oval Office of the White House in Washington September 30, 2014. REUTERS/Larry Downing

Obama, Modi work to deepen U.S.-India ties

U.S. President Barack Obama and Indian Prime Minister Narendra Modi agreed to deepen U.S.-Indian cooperation on maritime security to ensure freedom of navigation in what amounts to a response to China's naval muscle-flexing in Asia.  Full Article | Full Coverage 

Afghan security personnel investigate at the site of a suicide attack in Kabul October 1, 2014. REUTERS/Omar Sobhani

At least seven killed in Taliban bomb attacks

Two Taliban suicide bombers attacked an army bus and another army vehicle in the Afghan capital, killing at least seven people and wounding more than 15, a day after Afghanistan and the United States signed a long-delayed security agreement.  Full Article | Related Story 

Protesters stand in the rain as they block the areas around the government headquarters building in Hong Kong, September 30, 2014. REUTERS/Carlos Barria

Hong Kong approaches potential flashpoint

Thousands of pro-democracy protesters thronged the streets of Hong Kong early on Wednesday, ratcheting up pressure on the pro-Beijing government that has called the action illegal and vowed to press ahead with National Day celebrations.  Full Article | Related Story 

A pair of U.S. Air Force F-15E Strike Eagles fly over northern Iraq after conducting airstrikes in Syria, in this U.S. Air Force handout photo taken early in the morning of September 23, 2014. REUTERS/U.S. Air Force/Senior Airman Matthew Bruch/Handout
Islamic State

Australian aircraft to join air strikes in Iraq: PM

Australian aircraft will join the U.S.-led coalition in air strikes against Islamic State insurgents in Iraq in an initial support role, Prime Minister Tony Abbott said on Wednesday.  Full Article 

A shadow of a man using his mobile phone is cast near Microsoft logo at the 2014 Computex exhibition in Taipei June 4, 2014. REUTERS/Pichi Chuang/Files

'Windows 10' operating system launched

Microsoft Corp announced its 'Windows 10' operating system on Tuesday to replace the largely unpopular Windows 8, skipping a number to mark a leap toward unifying the way people work on tablets, phones and traditional computers.  Full Article 

Latest Headlines

News, Views and Expert Opinion
    Prime Minister Narendra Modi arrives before his meeting with U.S. President Barack Obama in the Oval Office of the White House in Washington September 30, 2014. REUTERS/Larry Downing

    Why work with Modi? It’s the economy, stupid

    Great powers sneak up on you. While Washington has been preoccupied with a burning Middle East, Russia behaving badly and, to a lesser extent, the rise of China, U.S. relations with India have slipped down the diplomatic priority list. In coming decades, however, enormous, unwieldy India will likely be the United States’ most important continental partner in Asia.  Full Article 

    Prime Minister Narendra Modi speaks at Madison Square Garden in New York, during a visit to the United States September 28, 2014. REUTERS/Lucas Jackson

    Can Modi deliver more than a great show?

    “They used to think of us as snake charmers!” boomed Narendra Modi, shortly after receiving an electrifying welcome at New York City’s Madison Square Garden this Sunday. “Now they know we play with mice, not snakes,” he said, in a well-received reference to India’s booming IT industry.  Commentary 

    Robert Beckhusen

    U.S. doesn’t face threat from Syria’s air power – rebels aren’t so lucky

    The White House is in a difficult spot when it comes to Syria. Not only is the United States at war with Islamic State, one of President Bashar al-Assad’s foes, but U.S. aircraft are also flying through the same airspace, and focused on part of the same mission, as the Syrian Air Force. Even stranger, Obama came close to ordering airstrikes against Assad last year.  Read 

    Actor Naseeruddin Shah

    And Then One Day: Naseeruddin Shah on his memoirs and life

    It’s difficult to hold back your surprise when Naseeruddin Shah, one of India’s foremost art house actors, says the film industry doesn’t interest him greatly. In a career spanning almost four decades, Shah won acclaim for his movie roles and continues to dabble in theatre. He discussed his autobiography and his life in an interview with India Insight.  Full Article 

    Mukesh Agarwal

    The benefits of falling oil prices for India

    The fall in global oil prices couldn’t have come at a more opportune time for India. In August, oil imports dropped 15 percent year-on-year, driven primarily by a fall of $10 per barrel in prices. Brent has fallen below $100 over the past month, and could slip further. Increasing supplies from the United States and slowing demand are contributing to the weakness in prices.  Full Article