The Sahara group chairman Subrata Roy (C) arrives at the Supreme Court in New Delhi March 4, 2014. REUTERS/Anindito Mukherjee/Files

SC could allow Subrata Roy to conduct asset sale talks

The jailed chairman of conglomerate Sahara could be allowed to take part in talks over group asset sales to repay investors sold bonds that were later ruled to be illegal, the company said after he was again denied bail on Tuesday.  Full Article 

Sensex gains 310 points, ends near record high 22 Jul 2014

MUMBAI - The BSE Sensex rose more than 1 percent on Tuesday, approaching its record high hit earlier this month after telecom stocks surged following Idea Cellular's better-than-expected earnings while stronger Asian shares also bolstered sentiment.

India to probe healthcare graft after TV sting

Govt vows clampdown on healthcare graft

Health Minister Harsh Vardhan called for tougher laws after a media report alleged that laboratories had offered kickbacks to doctors who referred patients to their diagnostic centres. Vardhan has lashed out several times against bribery in the $74 billion healthcare sector, signalling that the new government will make tackling the corruption that blighted the outgoing administration a priority.  Full Article 

An employee of Lupin Limited works at a reception at their headquarters in Mumbai November 22, 2013. REUTERS/Danish Siddiqui/Files

Lupin, U.S. firms weigh bids for GSK drugs

Generics firm Lupin, some U.S. drugmakers looking for a tax-saving deal in Europe and private equity funds are planning to bid for a range of older drugs being auctioned by GSK, sources familiar with the matter said. GSK is looking to divest the mature products in a bid to improve its growth profile and wants to dispose of off-patent drugs marketed in North America and western Europe.  Full Article 

Girls pose for a photograph on a street corner in Chittagong March 8, 2011. REUTERS/Philip Brown/Files

Crisis over dwindling numbers of girls in India

The dwindling numbers of Indian girls, caused by the illegal abortion of millions of babies, has reached "emergency proportions", fuelling an increase in crimes such as kidnapping and trafficking, the United Nations warned. Despite laws that ban expectant parents from running tests to determine the gender of unborn children, female foeticide remains a common practice in parts of India.  Full Article 

Palestinians evacuate a building after what witnesses said were warning Israeli air strikes next to their homes in Gaza City July 22, 2014. REUTERS/Finbarr O'Reilly
Gaza Conflict

Israel pounds Gaza despite international efforts

Israel pounded targets across the Gaza Strip on Tuesday, saying no ceasefire was near as top U.S. and U.N. diplomats pursued talks on halting fighting that has claimed more than 600 lives.  Full Article 

College students gather around candles forming the shape of an airplane, during a candlelight vigil for victims of the downed Malaysia Airlines Flight MH17, at a university in Yangzhou, Jiangsu province July 19, 2014. REUTERS/Stringer

EU readies possible sanctions on Russia

The European Union threatened Russia on Tuesday with harsher sanctions over Ukraine that could inflict wider damage on its economy following the downing of a Malaysian airliner, but it delayed action for a few days.  Full Article 

Brazil's new manager Dunga smiles during a news conference in Rio de Janeiro July 22, 2014. Brazil named Dunga, whose full name is Carlos Caetano Bledorn Verri, as their manager for the second time on Tuesday, two weeks after they were hammered 7-1 by Germany in the World Cup semi-finals which led to the resignation of former coach Luiz Felipe Scolari. REUTERS/Ricardo Moraes (BRAZIL - Tags: SPORT SOCCER)

Dunga succeeds Scolari as Brazil manager

Brazil named Dunga as their manager for the second time on Tuesday, two weeks after they were hammered 7-1 by Germany in the World Cup semi-finals, a result which led to the resignation of former coach Luiz Felipe Scolari.  Full Article 

Latest Headlines

A staff of a China Mobile shop explains a function of the iPhone 5s to a customer in Beijing January 17, 2014. REUTERS/Kim Kyung-Hoon/Files

Apple revenue lags Street's view despite strong China growth

Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite stiff competition in its third-largest market.  Full Article 

Kishan Singh Bisht, a jail warden in Tihar, maintains a register inside a restaurant run by the Tihar Jail authorities on Jail Road in west Delhi July 21, 2014. REUTERS/Anindito Mukherjee

Restaurant run by Tihar convicts wins praise for politeness, hygiene

As India's capital baked in a heat wave, banker Gaurav Gupta sat down for lunch at a new air-conditioned restaurant, to be greeted by a smiling waiter who took his order for a traditional "thali" meal of flatbread, lentils, vegetables and rice. Nothing unusual, except that the employee, like most of his colleagues, is a convicted murderer serving time in Tihar Jail.  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 

Jack Shafer

Dear Mr. Murdoch: Save yourself 80 billion bucks

Getting bigger for bigness’s sake makes sense for a sumo wrestler. But does that apply to a media conglomerate? There’s a panic element to the Murdoch offer, too. At the age of 83, how many more deals can he possibly consummate? Of course, that’s what they all said when Murdoch was 73, and had not yet bought the Wall Street Journal for $5 billion. But 83 is not the new 73.  Full Article 

Ian Bremmer

What MH17 means for Russia-Ukraine

In the wake of the taking down a Malaysian jet over Eastern Ukraine, everyone is pointing fingers. Kiev blames the pro-Russian “terrorists,” the separatists accuse Kiev of planning the attack, while Moscow blames the Ukrainian govt for pushing the rebels into this violent situation. Despite the confusion, it’s clear what MH17 means: dramatic escalation and an even more combustible conflict.  Opinion 


Pentagon’s big budget F-35 fighter ‘can’t turn, can’t climb, can’t run’

Pentagon’s big budget F-35 fighter ‘can’t turn, can’t climb, can’t run’

The U.S. military has grounded all its new F-35 Joint Strike Fighters following an incident on June 23, when one of the high-tech warplanes caught fire. The no-fly order — which affects at least 50 F-35s at training and test bases in Florida, Arizona, California and Maryland — began on the evening of July 3 and continued through July 11.  Commentary