India's budget for 2015/16 highlighted the government's commitment to keeping the fiscal deficit low, ratings agency Standard and Poor's said, adding that the country's debt burden and subsidy bill could constrain its ratings. Full Article | Full Coverage: Budget 2015
MUMBAI - Indian bonds and the rupee fell in early trading on Monday after the government set a higher-than-expected fiscal deficit target for the 2015/16 year as part of the federal budget unveiled on Saturday.
The search for missing Malaysia Airlines Flight MH370 cannot go on forever, Australia's deputy prime minister said, and discussions are already under way between Australia, China and Malaysia as to whether to call off the hunt within weeks. Full Article
Bangladeshis gathered on Sunday to pay tribute to a U.S. blogger and critic of religious extremism who was killed in Dhaka, in the latest of a series of attacks on writers in the Muslim-majority nation. Avijit Roy, a U.S. citizen of Bangladeshi origin, was hacked to death by machete-wielding assailants on Thursday after a book fair. Full Article
Young men and women become radicalized in the quiet of their bedroom, sitting before a computer screen, often after they’ve done their homework. For all the efforts to counter it – increasingly by Muslim activists, scholars, parents, teachers – the digitalized hatred grows. There are many, many, would-be Jihadi Johns – and Jihadi Janes. Commentary
“The euro area is in crisis” is not the most thrilling way to open an article. The region is seemingly always in crisis, resembling an opera by Wagner – very, very long, with lots of wailing and melodrama, generally conducted in German. The perpetual round of emergency summits and last-minute deals is something investors have had to get used to. Full Article
Surveillance is a double-edged tool. Catching terrorists is vital to protect the country. But we also want to live in a society where liberty and security are balanced, and the government does not follow people around without good reason. From that perspective, the high cost and difficulty of maintaining a continuous surveillance on a suspect may not be entirely bad in a democracy. Opinion