The Bombay Stock Exchange (BSE) building is pictured next to a police van in Mumbai April 9, 2014. REUTERS/Danish Siddiqui/Files

Sensex ends strong fiscal with momentum worries

The BSE Sensex posted its worst monthly fall in more than two years, raising concerns a strong rally that saw indexes surge in the fiscal year was waning due to concerns about stock valuations and a more gradual economic growth.  Full Article 

A gunman poses with Prosecutor Mehmet Selim Kiraz with a gun on his head after he was taken hostage in his office in a court house in Istanbul March 31, 2015. REUTERS/Halkin Sesi

Turkish prosecutor held at gunpoint

A far-left Turkish group took an Istanbul prosecutor hostage on Tuesday and threatened to kill him, prompting special forces to enter the courthouse and police to evacuate the building.  Full Article 

Phee Teik Yeoh, CEO of Vistara airlines, poses after his interview with Reuters at a hotel in Gurgaon on the outskirts of New Delhi March 31, 2015. REUTERS/Adnan Abidi

Vistara plans to expand into international routes

Vistara plans to expand its fleet size and start flying to overseas destinations within two years, the airline's CEO said on Tuesday, ahead of an expected change in rules that could allow new carriers to operate abroad. The airline made its debut in January, pitching itself as a full-service premium alternative for passengers willing to pay more than for budget carriers.  Full Article 

A broker monitors share prices while trading at a brokerage firm in Mumbai May 13, 2014. REUTERS/Danish Siddiqui/Files
Bad Memories

Private equity funds go slow in India

A number of private equity investors are giving India a wide berth, put off by soaring valuations. Indeed, they are still trying to exit expensive investments made months before the 2008 global crisis erupted. So far this year, there have been 76 private equity investments in India, according to Thomson Reuters data. If sustained, it would be the third straight year of decline.  Read | Graphic: Private equity investments 

Auto rickshaws wait in front of the head office of State Bank of India (SBI) in New Delhi August 12, 2013. REUTERS/Anindito Mukherjee/Files

SBI gets nod to divest stake in insurance unit

State Bank of India, the country's largest lender, said on Tuesday it had received approval for divestment of its stake in private life insurer SBI Life Insurance Co Ltd by up to 10 percent. The executive committee of the central board of the bank authorised the divestment on Monday, State Bank of India said in a statement to the exchanges.  Full Article 

A French rescue worker inspects the debris from the Germanwings Airbus A320 at the site of the crash, near Seyne-les-Alpes, French Alps March 29, 2015. REUTERS/Gonzalo Fuentes
Germanwings Crash

Psychological profiling, doors focus of probe

French air accident authority BEA said its probe into the Germanwings crash would study "systemic weaknesses" that might have led to the disaster, such as psychological profiling and cockpit door locks.  Read 

Thai soldiers take position in front of a picture of Thailand's King Bhumibol Adulyadej as their unit dismantles an anti-government encampment in central Bangkok May 23, 2014. REUTERS/Damir Sagolj/Files

Thai man jailed for 25 years over royal insult

A Thai military court has jailed a man for 25 years for posting pictures on his Facebook page deemed insulting to Thailand's monarchy, in one of the toughest such sentences in recent years.  Full Article 

FIFA president Sepp Blatter gestures during a news conferece after the Swiss women's soccer A team qualifyed for the FIFA Women's World Cup, in Luzern March 27, 2015. REUTERS/Arnd Wiegmann

Johansson predicts easy win for old foe Blatter

It is 17 years since Lennart Johansson lost an acrimonious FIFA presidential election to Sepp Blatter and he has a stark message to the 3 men standing against his old foe -- you have no chance.  Read 

Latest Headlines

Calamity

Villagers and rescue workers use blankets to cover the bodies of victims amongst the rubble after a hillside collapsed onto a house at Laden village, west of Srinagar, March 30, 2015. REUTERS/Danish Ismail

Heavy rains trigger flood fears in Kashmir; 17 dead

Heavy rains and a landslide in the Himalayan region of Kashmir killed 17 people, police said on Tuesday, as authorities continued working to rescue stranded villagers, with unseasonal rains raising fears of flash floods in the mountainous north.  Full Article 

Una Galani

India’s boardroom diversity drive has weird result

India’s effort to break the old boys’ club is producing bizarre outcomes. Tycoons have responded to a requirement that they have at least one female board member by April 1 by appointing their wives and even stepmothers as directors. India’s corporate governance has room for improvement and gender diversity at the top can improve financial returns. But mandating change isn’t the answer.  Full Article 

Mohamad Bazzi

How Yemen became the front line of a Mideast-wide war

In the early morning of Mar. 26, Saudi Arabia went to war against the Houthi rebels in Yemen. In doing so, Saudi leaders opened the latest chapter in a long history of meddling and influence over their southern neighbor. Since Saudi Arabia was founded in the 1930s, its leaders have tried to keep a friendly regime in power in Yemen and to prevent it from posing a threat to Saudi interests.   Opinion 

Vikas Purohit

Indian designers will create new products for online shoppers: Amazon India fashion head

The e-commerce industry in India is expected to cross $100 billion in the next four years. Can designer wear be successful in the medium that attracts many of its users because of discounts? Vikas Purohit, head of fashion at Amazon India, foresees the country’s top designers creating products especially suited to online retail.  Full Article 

Cinderella

Cinderella’s new moral: Be rich or be a pumpkin

Cinderella marriages are getting to be as rare as golden coaches. Economist Jeremy Greenwood has found that your chances of marrying outside your income bracket have been dropping since the 1950s because of something called assortive mating, which means that we are increasingly drawn to people in similar circumstances. Inequality has grown and mobility has stalled.  Commentary