Modi's infrastructure splurge revives investment in India

Prime Minister Narendra Modi's bet on higher public spending to spur economic activity in India has started paying off, as capital investment shows signs of sustained revival after years of uneven growth.

Coffee Day raises $51 million from cornerstone investors 13 Oct 2015

MUMBAI - The company behind Cafe Coffee Day, India's biggest coffee chain, has raised 3.34 billion rupees ($51 million) from "cornerstone" investors ahead of the formal opening of the country's biggest stock market flotation in three years.

A fisherman prepares to cast his fishing net in the waters of the Vembanad lake as a container ship is seen docked in the background, at a port in Vallarpadam, in Kochi February 11, 2014. REUTERS/Sivaram V/Files

New rules to boost India shipping fleet

State-owned firms may have to give half their freight business to local shippers to help rescue an industry battered by the global commodities downturn. The cabinet could as early as next month consider making it mandatory for state-owned oil, steel, coal and fertiliser importers to route at least half of their cargoes through local shippers, a government source said.  Full Article 

Tata Consultancy Services (TCS) Chief Executive N. Chandrasekaran poses for a picture after a news conference in Mumbai, India, October 13, 2015.  REUTERS/Shailesh Andrade

TCS profit meets forecasts on surge in deals

Increased outsourcing of digital technology services by western companies helped Tata Consultancy Services Ltd, India's largest software services exporter, post a 14.5 percent rise in quarterly net profit, meeting market expectations.  Full Article 

An employee works inside the office of U.S. online cab-hailing company Uber, on the outskirts of New Delhi, India, April 24, 2015. REUTERS/Anindito Mukherjee/Files

India drafts rules to regulate Uber, other firms

India has drafted guidelines to regulate ride-hailing companies, including Uber and Ola, for the first time laying down rules that could end months of uncertainty on how they operate in the country.  Read 

Author Salman Rushdie speaks during the opening news conference of the Frankfurt book fair, Germany October 13, 2015.    REUTERS/Ralph Orlowski
Freedom of Expression

Rushdie warns of new dangers to free speech

Violence against writers and a misplaced sense of political correctness pose new dangers to freedom of speech in the West, writer Salman Rushdie said on Tuesday. Rushdie, the subject of an Iranian death threat in 1989 for his book "The Satanic Verses", said he had not expected freedom of expression to come under attack again to this extent in the western world.  Full Article 

A woman tries on a gold necklace inside a jewellery showroom at a market in Mumbai, India, July 8, 2015. REUTERS/Shailesh Andrade/Files

India gold discounts widen to three-month high

Gold discounts in India widened to a three-month high this week as retail demand remained sluggish amid ample supplies and higher prices. Buying elsewhere in Asia was also lacklustre. China disappointed with moderate post-holiday demand and physical prices fell in some other major trading centres. Prolonged weakness in Asian demand could hamper a rally in global gold prices.  Full Article 

The reconstructed wreckage of the MH17 airplane is seen after the presentation of the final report into the crash of July 2014 of Malaysia Airlines flight MH17 over Ukraine, in Gilze Rijen, the Netherlands, October 13, 2015. REUTERS/Michael Kooren

Russian-built missile hit MH17: Dutch report

Malaysia Airlines Flight 17 was shot down over eastern Ukraine by a Russian-made Buk missile, the Dutch Safety Board concluded on Tuesday in its final report on the July 2014 crash that killed all 298 people on board.  Full Article | Ukraine PM accuses Russian forces  

An Israeli soldier jumps over a parapet during clashes with Palestinians near the Jewish settlement of Bet El, near the West Bank city of Ramallah October 12, 2015. REUTERS/Mohamad Torokman

Palestinian "Day of Rage" attacks kill three

Palestinian men armed with knives and a gun killed at least three people and wounded several others in a string of attacks in Jerusalem and near Tel Aviv on Tuesday, police said, on a "Day of Rage" declared by Palestinian groups.  Read | New 'Intifada'? 

Afghan security forces prepare to check on reports of a possible ambush by the Taliban on the Baghlan-Kunduz highway, Afghanistan October 1, 2015. A REUTERS/Stringer

Taliban pull back from Kunduz

The Taliban said they were pulling back in the northern city of Kunduz on Tuesday in order to protect civilians but fighting continued elsewhere in the country with government troops battling to reopen the main highway south of the capital Kabul.  Full Article 

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Special Report

Pope Francis leads the weekly audience in Saint Peter's Square at the Vatican October 7, 2015. REUTERS/Tony Gentile

Pope Francis, Mikhail Gorbachev and forbidden sex

Pope Francis, by stepping down a road towards judgment-free attitudes to forbidden sex, has put himself in the same dangerous position as that taken by Mikhail Gorbachev, the last general-secretary of the Soviet Communist Party, when he subjected the dogmas of communism to ever freer, ever more radical debate.  Read column