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
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.
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 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 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
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
Indians among world's happiest people: poll
Despite economic woes, wars, conflicts and natural disasters the world is a happier place today than it was four years ago. Full Article
Latest Headlines
Age Row
Army chief withdraws age petition
General Vijay Kumar Singh withdrew a petition to review his date of birth after the Supreme Court said it would not entertain the plea, local media reported. The court noted the government decision to recognise Singh's year of birth as 1950 did not "suffer from perversity and is not grossly erroneous". Full Article
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
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
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
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