India has blocked hundreds of adult websites to prevent pornography becoming a social nuisance, a government official said on Monday, sparking a debate about censorship and freedom in the world's largest democracy. Full Article | Poll - Should porn be banned?
MUMBAI - The BSE Sensex and Nifty rose on Monday to mark their fourth consecutive session of gains, as lenders advanced on hopes of stable asset quality after ICICI Bank Ltd's positive outlook and a decrease in bad loans at some of the state-run banks.
Indian manufacturing activity expanded at its fastest pace in six months in July as new export orders accelerated, a business survey showed on Monday. The Nikkei Manufacturing Purchasing Managers' Index rose to 52.7 in July from June's 51.3, bucking weakness seen across much of the rest of Asia. Full Article
Asian dividend-paying equity funds are reducing investments in traditional safe bets in favour of companies with rising dividend payouts to guard against investors selling out from the funds when U.S. interest rates rise. The funds are buying Chinese state-owned enterprises and Indian banks, where payouts show promise of rising over time. Full Article
German carmakers BMW, Audi and Mercedes, will pay around $2.75 billion to buy Nokia's maps business, a deal that will help them to develop self-driving cars. Daimler BMW and Audi will each hold an equal stake in the business, known as HERE, keeping it from falling into the hands of new rivals are emerging from Silicon Valley. Read
As the candidates hoping to succeed FIFA's outgoing president Sepp Blatter continue to lobby for support, the political kingmaker who could have a big influence on who gets the job says world soccer has more to worry about than picking its next boss. Full Article
Indian companies are still struggling to recover from years of a borrowing binge, and say that Reserve Bank of India (RBI) Governor Raghuram Rajan's caution in cutting rates despite historically low inflation is making it harder for them to get back on track. Full Article
Dr. Ketan Desai is slated to head the WMA even as he faces conspiracy allegations in Indian courts. Desai has been facing allegations that he conspired to have the Medical Council recommend that a private medical college be allowed to add more students. Full Coverage
Reports on Wednesday that reclusive Taliban leader Mullah Omar had died will be rightly hailed by some as the demise of an American nemesis. But the death of the one-eyed Afghan commander may also scuttle the most promising peace talks in Afghanistan in a decade. As odd as it may seem to some Americans, Omar’s death could not come at a worse time. Commentary
Given the fragility of India’s economic recovery, we do not expect an abrupt rise in rates soon, but the probability of rate reduction also looks slim. A bigger concern has to do with the rise of the dollar, which has increased markedly against the rupee over the past year, partly also reflecting its weak external fundamentals. Full Article
The head of world athletics launched a vigorous defence of the IAAF's anti-doping record on Monday, as global sporting bodies called for a thorough probe of the latest doping allegations to plunge track and field into crisis. Full Article
The Dolomites are home to the Dolomiti Bellunesi National Park in Italy and were declared a UNESCO World Heritage Site in August, 2009. Slideshow