India's President Pratibha Patil (2nd L) shakes hands with European Council President Herman Van Rompuy as his wife Geertrui Van Rompuy (R) and European Commission President Jose Manuel Barroso look on, before their meeting at India's presidential palace Rashtrapati Bhavan in New Delhi February 10, 2012.  REUTERS/B Mathur

EU asks India to help bring Iran to nuclear talks

The European Union wants India to draw Iran into talks over its nuclear programme but said strong sanctions are also needed, European Council President Herman Van Rompuy said, as Asia's third-largest economy aims to increase trade with Tehran.  Full Article 

Greece must back bailout or face catastrophe - Papademos 1:22am IST

ATHENS - Greek Prime Minister Lucas Papademos told his turbulent coalition government on Friday to accept a harsh international bailout deal or condemn the nation to catastrophe.

An employee works inside a steel rerolling mill at Chitra industrial area, on the outskirts of Bhavnagar town, in Gujarat May 28, 2011. REUTERS/Amit Dave
India Economy

Industrial output growth slows sharply in Dec

Industrial production increased a lower-than-expected 1.8 pct in December, its slowest pace in 2 months, adding to pressure on the RBI to start cutting rates to help stimulate the economy.  Full Article 

Pakistan's Prime Minister Yusuf Raza Gilani speaks during an interview with Reuters at his residence in Islamabad September 27, 2011.  REUTERS/Mian Khursheed/Files

Pakistan court rejects Gilani's appeal

Pakistan's Supreme Court rejected PM Gilani's appeal against a summons in a contempt case on Friday and is set to charge him on Monday, a move likely to bring fresh political turmoil.  Full Article 

Australia's David Warner slips blocking a yorker from Sri Lanka's Lasith Malinga during their one-day cricket match in Perth February 10, 2012. REUTERS/Stringer

Australia hold nerve for thrilling win

Australia clinch a thrilling five-run win in a low-scoring one-day international against Sri Lanka in Perth for their second successive triangular series victory.  Full Article 

Ek Main Aur Ekk Tu: A rom-com that “gets” it

Ek Main Aur Ekk Tu: A rom-com that “gets” it

You don’t mind the predictable storyline because there is zippy dialogue, some great writing and the performances are in tune with all of the above, says Shilpa Jamkhandikar  Full Article 

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Age Row

D H Pai Panandiker

Sensex on the bounce

The year 2012 has begun well for the stock market. In just six weeks, the Sensex was up 13 percent which made up more than a half of the fall in the previous 52 weeks. How the rest of the year will turn out and how the market will behave is still uncertain.   Full Article 

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Health insurance for people with HIV

The insurance regulator recently floated a proposal which mandates all health insurance providers to put an underwriting policy in place for covering people with HIV or those working closely with HIV+ persons, such as doctors and nurses.  Full Article 

Chrystia Freeland

Rise of the machines

If you want to get a finger-tip feel for one of the most important transformations in our world today, read "The Fear Index," Robert Harris's new thriller. Harris has been widely praised for his adept portrayal of the hedge fund universe in which his novel is set. "The greatest pleasure of this book is that it gets the finance right," cooed Felix Salmon, the Reuters finance blogger whose keyboard often oozes acid.  Full Article 

Felix Salmon

Mark Zuckerberg and the case for a wealth tax

There’s a good chance that when Facebook IPOs, Mark Zuckerberg will join the billion-dollar-a-year club. He’s 27 years old, so the market cap we’re looking for here is $95 billion. If Facebook is worth more than that, Zuckerberg will have increased his wealth by $1 billion a year, on average, from the day he was born onwards.  Full Article 

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