The mother of fallen reserve Israeli soldier Yair Ashkenazy mourns during his funeral in Rehovot near Tel Aviv July 25, 2014. REUTERS/Ronen Zvulun

Israel, Gaza militants agree to a 12-hour truce

Israel and Palestinian militant groups in the Gaza Strip have agreed to a U.N.-requested 12-hour humanitarian truce to begin on Saturday morning, and efforts to secure a long-term cease-fire moved ahead.  Full Article 

Goldman Sachs downgrades stocks to neutral for short term 1:58am IST

REUTERS - Goldman Sachs downgraded its global equities allocation to neutral on a short-term basis on Friday, even though the brokerage remains overweight stocks for the longer term.

A municipal worker fumigates a vegetable market in Siliguri July 25, 2014.  REUTERS/Stringer

India battles to contain "brain fever", 568 die

Almost 570 people in India have died after contracting encephalitis, commonly known as "brain fever", health authorities said on Friday, warning the death toll may rise with more people still at risk. Major outbreaks - usually most prevalent in UP and Bihar - have spread to West Bengal and Assam.  Full Article 

A man walks past the Bombay Stock Exchange (BSE) building in Mumbai December 5, 2013. REUTERS/Danish Siddiqui/Files
Markets Weekahead

Sensex, Nifty likely to trade rangebound

The BSE Sensex and Nifty are likely to trade rangebound, hovering near record highs. Caution expected to prevail ahead of the expiry of monthly derivatives contracts on Thursday. Investors will also keenly watch the progress of monsoon.  Full Article 

Russian warships are seen during a naval parade rehearsal in the Crimean port of Sevastopol, July 25, 2014. Russia will mark Navy Day on July 27. REUTERS/Stringer

EU edges to economic sanctions on Russia

The European Union reached outline agreement on Friday to impose the first economic sanctions on Russia over its behaviour in Ukraine but scaled back their scope to exclude technology for the crucial gas sector.  Full Article | Ukraine faces bitter election 

pple Inc. CEO Tim Cook (L) and China Mobile's Chairman Xi Guohua are silhouetted in front of an advertisement board of the iPhone 5s and C at an event celebrating the launch of Apple's iPhone on China Mobile's network at a China Mobile shop in Beijing January 17, 2014.REUTERS/Kim Kyung-Hoon/Files

iPhones allow extraction of deep personal data

Personal data including text messages, contact lists and photos can be extracted from iPhones through previously unpublicized techniques by Apple Inc employees, the company acknowledged this week.  Story 

Force India team principal Vijay Mallya waves in the paddock during the third practice session of the Indian F1 Grand Prix at the Buddh International Circuit in Greater Noida, on the outskirts of New Delhi, October 27, 2012. REUTERS/Ahmad Masood

Force India happy to retain drivers, says Mallya

Force India are happy with their current pairing of Nico Hulkenberg and Sergio Perez and see no need to replace either driver next season, the Formula One team's owner Vijay Mallya said on Friday.  Full Article 

Latest Headlines

India-WTO Standoff

Shashank Chouhan

Ex-Supreme Court judge Katju stirs the pot

Comments by retired Supreme Court judge Markandey Katju had parliament in uproar. In a blog post published by the Times of India, the chairman of Press Council of India hinted at a connection between the government and judiciary in the elevation of an allegedly corrupt judge. This isn’t the first time that the man heading India’s print media oversight body has stirred the pot.  Full Article 

Danish Siddiqui

Waiting to die in Varanasi

The Ganges is sacred in Hinduism, and Varanasi, which lies on its banks, is one of the oldest and holiest sites for Hindu pilgrims from all over the world. Dying and having your ashes scattered here is a sacred thing for Hindus who believe that it brings “moksha,” or freedom for the soul from the constant cycle of death and rebirth. To attain this salvation, many travel to Varanasi to die  Full Article 

The war in Gaza threatens Egypt too

The war in Gaza threatens Egypt too

Although many Egyptians view Hamas as an ally of the Muslim Brotherhood, most sympathize with the Palestinians. When they see the scale of casualties - for example, the death and destruction in the Shuja’iah neighborhood in Gaza - they overwhelmingly blame Israel. This is true even as their leaders express anger over Hamas’ refusal to accept ceasefire proposal.  Commentary 

Nicholas Wapshott

I’m Reagan! No, over here, I’m the real Reagan!

Although Ronald Reagan's record in raising taxes and adding to the deficit would make him ineligible to become the nominee were he still alive, the contestants of 2016 U.S. presidential race are already comparing themselves with the only Republican president whose conservative credentials are made of the same material as earned him his nickname, the “Teflon president.”  Full Article 

Keren Blankfeld

Life — if you can call it that — under Israel’s Iron Dome

I’ve become pretty great at rocket dodging. As a New Yorker living in Tel Aviv while researching a book, I never thought I’d say that. And yet it’s true: since Hamas began firing rockets into Tel Aviv on July 8, I’ve learned to move quickly. I’m witnessing just a sliver of what it’s like for Israelis trying their best to live a “normal” life in a kind of twilight zone where different rules apply.   Commentary 

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