Nepal scrambles to organise quake relief, many flee capital Kathmandu

A member of Nepalese police personnel walks amidst the rubble of collapsed buildings, in the aftermath of Saturday's earthquake in Kathmandu, Nepal, April 27, 2015. REUTERS/Danish Siddiqui

Nepalese officials scrambled on Monday to get aid from the main airport to people left homeless and hungry by a devastating earthquake two days earlier, while thousands tired of waiting fled the capital Kathmandu for the surrounding plains.  Full Article | Slideshow 

Nifty below 200-DMA for first time in over a year
Market Eye

Nifty closes at 3-1/2 month low

Indian shares closed at their lowest in more than three-and-a-half months on Monday, with the Nifty falling below its 200-day moving average for the first time in nearly 15 months, led by declines in blue chips on continued worries about retrospective taxes and lower-than-expected January-March earnings so far.  Full Article 

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

Strong rupee stings Modi's export ambitions

Thousands of exporters have watched helplessly as the rupee has appreciated by a quarter against Europe's common currency over the past 12 months. The result has been India's worst export performance since the global slump of 2009, an early setback to Prime Minister Narendra Modi's 'Make in India' campaign.  Full Article 

Afghanistan's President Ashraf Ghani speaks to the media during an event in Kabul December 10, 2014. REUTERS/Omar Sobhani/Files

Taliban attack Kunduz, Ghani delays India trip

Heavy fighting between Afghan security forces and Taliban insurgents that killed more than 30 combatants on Monday threatened a major northern city, prompting President Ashraf Ghani to delay a state visit to India. Officials said hundreds of Taliban insurgents had attacked police and army checkposts in the province of Kunduz  Full Article 

A man walks past a branch office of Deutsche Bank in Wiesbaden, January 28, 2015. REUTERS/Kai Pfaffenbach/Files
Restructuring

Investors question Deutsche Bank's overhaul

Deutsche Bank's biggest strategic overhaul under co-chief executives Anshu Jain and Juergen Fitschen got a thumbs down from investors on Monday who judged it too little too late. Germany's flagship lender has trailed rivals under the tenure of Jain and Fitschen who despite the reverberations from the financial crisis stuck to an expensive universal banking model.  Full Article 

Cap Gemini to buy IGATE in $4 billion deal

Cap Gemini to buy IGATE in $4 billion deal

French IT services company Cap Gemini said on Monday it planned to buy U.S.-based IGATE Corp for $4 billion cash in a deal that will make North America its biggest market. IGATE, a technology and services company headquartered in New Jersey with 2014 revenues of $1.3 billion, is to be acquired for $48 a share, Cap Gemini said.  Full Article 

Australian death row prisoners Andrew Chan (C) and Myuran Sukumaran (L) are seen in a holding cell waiting to attend a review hearing in the District Court of Denpasar on the Indonesian island of Bali, in this October 8, 2010 picture. REUTERS/Nyoman Budhiana/Antara Foto/Files
Asia

Australia pleads for stay in Jakarta executions

Australia made a plea on Monday for a stay in the imminent execution of two Australian drug traffickers in Indonesia, saying reports that their trial had been tainted by corruption needed to be investigated.  Article 

Picture taken from Sandhu's Twitter handle.

Sandhu defies dad to achieve Europe goal

Like most Indian children with sporting ambitions, Gurpreet Singh Sandhu's father wanted his son to become a cricketer but the goalkeeper is glad he did not heed the paternal advice.  Full Article 

Latest Headlines

North Korean leader Kim Jong Un claps during a photo session with participants in the 7th National Conference of Sportspersons in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang March 27, 2015. REUTERS/KCNA/Files

Building the perfect leader: North Korean propaganda’s secret sauce

Recent rumors about North Korean textbooks exhorting a young Kim Jong Un’s prowess as a driver and sailor have sparked a renewed cycle of blogs and articles musing on just how weird North Korea is. Why is their propaganda so odd, we ask. Do they believe it all?   Commentary 

Internet cafe in Hong Kong

China’s crackdown on cyber security: A guide for the perplexed

China is cracking down on cyber security. Demanding new banking regulations and draft counter-terrorism legislation could make it harder for foreign companies to compete in the People’s Republic. But even though domestic players should benefit, they are far from happy. Breakingviews attempts to crack the code.  Full Article 

Una Galani

Daiichi Sankyo scrubs out Indian M&A nightmare

Daiichi Sankyo has emerged from a long spell of infirmity in India with its financial faculties just about intact. The Japanese group’s 2008 purchase of a stake in Ranbaxy was once a fable about overseas expansion gone wrong. By knowing when to quit, and riding on India’s market exuberance, Daiichi has got itself to a position of being able to exit without shouldering big losses.  Full Article 

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