Reuters India
02/22/2017 at 13:56. Facebook
India plans to auction some oil exploration blocks by June and will allow bidders to carve out areas where they want to drill in order to attract greater interest, a government official told Reuters on Wednesday. [ Reut.rs Link ]

Oil-starved India to auction exploration rights by June - source

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Reuters India
02/22/2017 at 13:28. Facebook
A World Trade Organization agreement to cut red tape and streamline border checks came into force on Wednesday, with expectations of a 0.5 percent boost to the world economy by 2030, WTO Director General Roberto Azevedo said.

WTO red tape-cutting deal enters into force in landmark reform

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Reuters India
02/22/2017 at 13:21. Facebook
The Reserve Bank of India's six-member monetary policy committee cited concerns about inflation in holding rates in February, with three mentioning the need to shift the policy stance to "neutral" from "accommodative," minutes from the meeting showed.

RBI policy panel cites concerns about inflation

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Reuters India
02/22/2017 at 13:11. Facebook
India's finance ministry on Wednesday backed a call by the Reserve Bank of India to set up an institution similar to a "bad bank," saying urgency was needed to address troubled loans weighing on the banking sector that were hobbling investment and growth.

India needs to create 'bad bank' quickly - Arvind Subramanian

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Reuters India
02/22/2017 at 13:01. Facebook
In the early morning darkness, Devendran P. walks up a hill to a solar observatory in the southern hill town of Kodaikanal, trudging the same path his father and grandfather walked in a century-old family tradition of studying the sun. [ Reut.rs Link ]

Indian sungazers keep up family tradition for four generations

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Reuters India
02/22/2017 at 12:37. Facebook
Some Germans feel it is a duty to welcome asylum-seekers. Others are more hostile. Reuters talks to one Syrian family about their new life in Europe: [ Reut.rs Link ]

In Bavarian town, Syrian sisters get to grips with Germany's freedoms

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Reuters India
02/22/2017 at 12:31. Facebook
LIVE: Prime Minister Theresa May takes questions in parliament. #PMQs
Reuters India
02/22/2017 at 11:58. Facebook
Provocative far-right commentator Milo Yiannopoulos resigned as a senior editor of Breitbart News after he was vilified and lost a book deal over comments that condoned certain intimate relations between men and young teenage boys. Read more: [ Reut.rs Link ]

Firebrand Milo quits Breitbart News after child sex remarks

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Reuters India
02/22/2017 at 11:34. Facebook
Australia paceman Mitchell Starc has raised his game to the next level and India's batsmen need to be wary of his ability to trouble them with reverse swing, home captain Virat Kohli said on the eve of the first test beginning on Thursday. [ Reut.rs Link ]

Kohli issues Starc warning to India's batsmen in Pune

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Reuters India
02/22/2017 at 11:12. Facebook
Indian Oil Corp has offered up to 32,000 tonnes of aviation jet fuel for loading from Paradip in March in an unusual move, a tender document showed on Wednesday.

[ Reut.rs Link ]

Indian Oil makes rare offer of jet fuel for March export

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Reuters India
02/22/2017 at 11:05. Facebook
Global stocks hit record highs on Wednesday, pushing gains for the year above those for all of 2016.

Global stocks top 2016 gains, dollar up before Fed minutes

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Reuters India
02/22/2017 at 10:59. Facebook
India needs to create a bad bank quickly, the finance ministry's top economic adviser said on Wednesday, supporting forthright views expressed by Viral Acharya, the new deputy governor of the Reserve Bank of India.

[ Reut.rs Link ]

India needs to create bad bank quickly - finmin aide

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Reuters India
02/22/2017 at 10:53. Facebook
Indian shares hit their highest in more than five months on Wednesday as Reliance Industries ended at a near 9-year high after investors welcomed plans by its telecom unit to start charging customers for services.

Sensex posts fifth straight session of gains

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Reuters India
02/22/2017 at 10:36. Facebook
Two Syrian sisters who settled in Germany have encountered freedoms that shock them, from hair dye, to same-sex relationships. Read about Mayar Ballish and her family’s new life in Europe: [ Reut.rs Link ]

In Bavarian town, Syrian sisters get to grips with Germany's freedoms

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Reuters India
02/22/2017 at 09:56. Facebook
A proposal by India's central bank to set up new private or state companies that would buy up bad debt from lenders was met with widespread scepticism by bankers on Wednesday, who warned the plan would add more complexity and delay any restructuring.

[ Reut.rs Link ]

India's bankers sceptical over RBI proposal on bad loans

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Reuters India
02/22/2017 at 09:40. Facebook
European stocks are being pulled up by the economy just as politics weigh the euro down. Read all about it and get your global headlines in the Daily Briefing: [ Reut.rs Link ]

Daily Briefing: European disconnect

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Reuters India
02/22/2017 at 09:11. Facebook
The jackpot in the U.S. lottery Powerball grew to $403 million before the drawing on Wednesday, making it the 10th largest in the game's history.

U.S. Powerball jackpot grows to $403 million, 10th largest ever

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Reuters India
02/22/2017 at 07:52. Facebook
EXCLUSIVE: China, in an early test of U.S. President Donald Trump, is nearly finished building almost two dozen structures on artificial islands in the South China Sea that appear designed to house long-range surface-to-air missiles, two U.S. officials told Reuters. [ Reut.rs Link ]

Exclusive - China finishing South China Sea buildings that could house missiles: U.S. officials

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Reuters India
02/22/2017 at 07:42. Facebook
Malaysian police named a senior official in North Korea's embassy and a staffer at its state airline, who are wanted for questioning over the murder last week of Kim Jong Nam, the estranged half-brother of North Korea's leader. Read more: [ Reut.rs Link ]

Malaysia names North Korean diplomat wants to question over airport murder

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Reuters India
02/22/2017 at 07:20. Facebook
Scotland is leaving the EU whether or not it becomes independent, the Secretary of State for Scotland will tell Holyrood today. Read more: [ Reut.rs Link ]

British minister says Scotland to leave the EU whether independent or not

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