Rajasthan Chief Minister Vasundhara Raje addresses a news conference in Jaipur, in Rajasthan May 25, 2008. REUTERS/Vinay Joshi/Files

Green shoots of reform emerge from Rajasthan

Rajasthan, derided as a poverty-stricken laggard, has taken the lead on structural reforms that, their backers argue, could also help Asia's No.3 economy as a whole to attract business and employ a fast-growing workforce.  Insight | Graphic - Rajasthan vs the rest 

U.S. investors elevate India over other emerging markets 4:05am IST

NEW YORK - U.S. investors, buoyed by optimism about India's economy and booming stock market, have been moving money into exchange-traded funds that focus solely on that country.

Prime Minister Narendra Modi (3rd L) speaks to the media as Minister of State for Parliamentary Affairs Mukhtar Abbas Naqvi (L), Venkaiah Naidu (2nd L), Minister of Urban Development, Jitendra Singh (2nd R), Minister of State for Prime Minister Office look on upon arrival on the opening day of the winter session of Parliament in New Delhi November 24, 2014. REUTERS/Adnan Abidi
Parliament Session

Congress signals support for insurance reform

Opposition Congress party has signalled it could support government legislation to liberalise the insurance industry, a long-delayed reform expected to help improve investor confidence. PM Narendra Modi proposed in August to lift the cap on foreign investment in insurance ventures from 26 pct to 49 pct, but the opposition blocked the move in Rajya Sabha, where he lacks a majority.  Full Article 

A worker unloads coal from a goods train at a railway yard in Chandigarh July 8, 2014. REUTERS/Ajay Verma/Files
Infrastructure

India eyes private cash to build railways to 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. Cash-starved, India's British-built rail system has added just 11,000 kilometres of track since independence, symbolising the poor state of infrastructure.  Story 

U.S. Secretary of State John Kerry, Britain's Foreign Secretary Philip Hammond, Russian Foreign Minister Sergei Lavrov, Iranian Foreign Minister Javad Zarif and German Foreign Minister Frank-Walter Steinmeier (LtoR) pose for photographers before a meeting in Vienna November 24, 2014. REUTERS/Leonhard Foeger
Iran Nuclear Talks

Talks extended after failing to meet deadline

Iran and six powers failed for a second time this year to resolve their 12-year stand-off over Tehran's nuclear ambitions, and gave themselves 7 more months to clinch an historic deal.  Read | Video 

An armed police officer stands on duty outside a government building in Westminster, central London November 24, 2014. REUTERS/Andrew Winning

UK faces biggest terrorism threat ever - minister

Britain is facing the biggest terrorism threat in its history and has foiled around 40 major plots since suicide bombers attacked London in 2005, Home Secretary Theresa May said on Monday.  Full Article 

Actor Bill Cosby attends the American Comedy Awards in New York April 26, 2014. REUTERS/Eric Thayer/Files
Entertainment

Cosby's show nixed in Washington state

Embattled comedian Bill Cosby's show in Yakima, Washington state, has been canceled, venue organizers said, in the latest of several cancellations following decades-old sexual assault allegations that have surfaced in recent weeks.  Full Article 

The Sydney Harbour Bridge is reflected in one of several Cricket World Cup trophies as Australian cricket team captain Michael Clarke gathers with former Australian World Cup-winning captains during an event marking the 100-day countdown to the 2015 Cricket World Cup in Sydney November 6, 2014. REUTERS/Jason Reed

Clarke has no plans to quit despite injuries

Australia's Michael Clarke has no intention of retiring from international cricket in the next 12 months as he continues to battle a chronic back problem that could rule him out of the India test.  Full Article | Related 

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 

Cold hard facts

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