Mukesh Ambani, chairman of Reliance Industries Limited, poses for photographers before addressing the annual shareholders meeting in Mumbai, June 12, 2015. REUTERS/Shailesh Andrade

RIL to invest $39 billion in "Digital India" programme

Reliance Industries plans to invest about 2.5 trillion rupees ($39.3 billion) in digital initiatives, Chairman Mukesh Amabani said on Wednesday.  Full Article 

World Bank to lend $650 million for Indian rail project 4:27pm IST

NEW DELHI - The World Bank said on Wednesday it had cleared a $650 million loan for a huge Indian freight rail corridor that will span 1,840 kms (1,140 miles) across the northern heartland of the country.

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui
Market Listing

Infibeam files for IPO in first ecommerce listing

Indian e-retailer Infibeam filed a draft prospectus for an initial public offering (IPO) to raise 4.5 billion rupees ($70.69 million), becoming the first of India's ecommerce companies to list its shares on the domestic market.  Full Article 

Euro coins are seen in front of a displayed stock graph in this photo illustration taken in Zenica, Bosnia and Herzegovina, June 30, 2015. Picture taken on June 30, 2015. REUTERS/Dado Ruvic
Greece Debt Crisis

Greece offers conditional okay to bailout

Greek Prime Minister Alexis Tsipras has written to international creditors saying Greece could accept their last bailout offer if some conditions were changed, but Germany expressed scepticism while saying the door was still open for negotiations.  Read | Related article 

Former Sri Lankan president Mahinda Rajapaksa speaks to his supporters at his residence in Medamulana July 1, 2015. REUTERS/Dinuka Liyanawatte
Asia

Sri Lanka's Rajapaksa to run for PM next month

Former Sri Lankan president Mahinda Rajapaksa said he would run for prime minister during next month's parliamentary elections, a move that is likely to infuriate rights groups as he is accused of war crimes in a civil war.  Full Article 

Egypt's President Abdel Fattah al-Sisi addresses a joint news conference with German Chancellor Angela Merkel following talks at the Chancellery in Berlin, Germany June 3, 2015.       REUTERS/Fabrizio Bensch

A year on, Egyptians disillusioned with Sisi

After a year in power, Egyptian President Abdel Fattah al-Sisi's aura of invincibility may be fading as he comes under closer scrutiny from a public growing impatient with the same social inequalities that triggered a mass uprising in 2011.  Full Article 

A map of China is seen through a magnifying glass on a computer screen showing binary digits in Singapore in this January 2, 2014 photo illustration. REUTERS/Edgar Su/Files
Cybersecurity

China adopts new law to secure networks

China's legislature adopted a national security law on Wednesday that will enable authorities to "take all necessary" measures to safeguard territorial sovereignty and ensure full control over the country's Internet infrastructure.  Full Article 

India's Ajinkya Rahane celebrates reaching his century during the fourth one-day international cricket match against England at Edgbaston cricket ground in Birmingham, England, September 2, 2014. REUTERS/Philip Brown/Files

Rahane surprised to be named stand-in captain

Ajinkya Rahane admits he was stunned to be named India captain for their upcoming Zimbabwe series, after being dropped just a week earlier, and while he plans to draw inspiration from past skippers he also wants to make his own mark on the team.  Full Article 

Workers prepare for the opening of an Apple store in Hangzhou, Zhejiang province, January 23, 2015. REUTERS/Chance Chan/Files
Apple Music

Apple jumps into the music streaming pool

Apple is singing a new tune as its streaming music service debuts with a free three month trial. After that, it will cost $9.99 a month. The company joins a crowded field consisting of Spotify, Pandora, Google Music and others.   Video 

Latest Headlines

Banking

Hugo Dixon

Tsipras looks like he is crumbling

It looks like Alexis Tsipras is crumbling. After the banks closed and public opinion started moving against him, the Greek prime minister seems desperate for a deal with his creditors. Athens has now defaulted to the International Monetary Fund, adding to the pressure. But it is not clear lenders will cut him any slack. They may prefer to deal with his successor.  Commentary 

John Lloyd

Grexit signs: Drachma, how we’ve missed you!

There is no excuse for Greece. Since it joined the European Union in 1981, successive governments of left and right have treated the EU like a witless sugar daddy. They trusted their fellow members to be hopelessly infatuated with this sun-drenched cradle of democracy that the wallet would always open, the numerous peccadilloes always winked at and the answer always yes.  Opinion 

Matthew Vines

Even Christian Evangelicals are warming to gay marriage

Evangelicals are starting to change their minds about gay marriage. In recent months, three large evangelical churches - EastLakeCommunity Church in Seattle, Washington, GracePointe Church in Nashville, Tennessee, and City Church in San Francisco, California - have announced that they no longer believe all same-sex relationships are sinful.  Commentary 

Amit Ganguly

Amid journalists’ killings, India’s press body chief says it needs more powers

The killing of two journalists this month raises concerns about the safety of journalists in the country. Reuters spoke to Press Council of India (PCI) Chairman Justice Chandramauli Kumar Prasad for his views on the killings, journalist safety in India and the working conditions of local reporters working in dangerous places in the country.  Full Article 

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