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Rivals Pakistan, India to start process of joining China security bloc


BEIJING - Nuclear-armed rivals Pakistan and India will start the process of joining a security bloc led by China and Russia at a summit in Russia later this week, a senior Chinese diplomat said on Monday, the first time the grouping has expanded since it was set up in 2001.

BSE Sensex closes at highest in nearly 2-1/2 months

MUMBAI - India's stock markets rose on Monday recovering from earlier falls of more than 1 percent, marking their highest close in nearly 2-1/2 months, amid a late rally in defensive stocks such as drugmakers Cipla and Dr.Reddy's Laboratories .

Business, 06 Jul 2015

Germany, France press Greece to make fast, credible proposals

PARIS/ATHENS - France and Germany told Greece on Monday to come up with serious proposals in order to restart financial aid talks, a day after Greeks voted overwhelmingly to reject more austerity. | Video

Business, Economy, World 3:27am IST

Reliance to sell $32 million stake in unit Network18

MUMBAI - India's Reliance Industries Ltd plans to sell a 3.1 percent stake, worth $32 million at the current market price, in unit Network18 Media & Investments Ltd to comply with rules mandating public ownership in listed firms.

Business 06 Jul 2015

Pakistani gunmen kill three in attack blamed on Islamist groups

QUETTA, Pakistan - Gunmen riding motorcycles on Monday opened fire outside a passport office in southwestern Pakistan, killing three people, including a police officer, in an attack police blamed on radical Islamist groups.

South Asia 06 Jul 2015

Sri Lanka polls timed ahead of U.N. war crimes report to foil Rajapaksa comeback

COLOMBO - Sri Lanka's August elections have been timed to stop a comeback by war-time president Mahinda Rajapaksa, who remarkably may see his popularity rise in coming months if criticised for war crimes in a U.N report, said government sources.

South Asia, World, 06 Jul 2015

BRICS summit gives Putin a chance to show Russia not isolated

MOSCOW - The BRICS emerging economies will launch a development bank at a summit this week which President Vladimir Putin hopes will help reduce Western dominance of world financial institutions and show Moscow is not isolated.

World, 06 Jul 2015

Serena downs Venus to reach Wimbledon quarters

LONDON - Serena Williams stood three wins away from hoisting her fourth successive grand slam title by trumping elder sister Venus 6-4 6-3 to reach the quarter-finals of Wimbledon.

06 Jul 2015

Nobel laureates urge donors to boost education funds ahead of global meet

NEW DELHI (Thomson Reuters Foundation) - International donors must boost aid to developing nations to ensure that millions of the world's poorest and marginalised children can go to school, a group of Nobel laureates said on Monday, ahead of a global conference on financing for education.

06 Jul 2015

Swiss right-to-die group gets green light for new suicide room

ZURICH - A Swiss organisation that helps terminally ill people take their own lives and defends their right to refuse medical treatment said on Monday local authorities had allowed it to open another room for assisted suicides.

World 06 Jul 2015

Why Kiran Rao wants to focus on Indian cinema rather than international films at Mumbai festival

Kiran Rao, 41, a long-time champion of indie cinema in India, spoke to Reuters about her plans for the Mumbai film festival, why she wants to focus on Indian cinema rather than international films, and what went wrong with her earlier pet project, Filmbay.