Hindustan Unilever hits record; analysts bullish
Reuters Market Eye - Hindustan Unilever gains 6.2 percent after earlier touching a record high. Gains sparked after India's largest consumer goods maker on Monday beat April-June quarter earnings expectations by a wide margin.
Wipro's IT services sales f'cast disappoints, shares fall
BANGALORE - Wipro Ltd, India's No. 3 software services exporter, joined sector bellwether Infosys in giving a muted forecast for its main IT services business as global spending on outsourcing services slows, pushing Wipro's shares down to a nine-month low.
Asian Games medallist working in brick kiln
Santhi Soundarajan, an Indian athlete whose career in sports ended after a failed gender test, is working as a daily wager at a brick kiln in Tamil Nadu, The Times of India reported on Tuesday. Full Article
Troika inspectors on make-or-break Greek visit
Inspectors from the international lenders keeping Greece afloat return to Athens to relaunch its stalled economic plan and decide whether to keep the nation hooked up to a 130-billion-euro lifeline or let it go bust. Full Article | Moody's changes Germany outlook to negative
Apple options beckon eager investors
With consumers holding off on purchases ahead of the next iPhone around October and with slowed demand around the world, few expect the company to deliver another big quarter on Tuesday. Full Article
Massacre suspect dazed in first hearing
The man accused of killing 12 in a shooting rampage in a Denver suburb made his first court appearance looking emotionless, his unruly hair dyed shades of orange and red. Full Article
Latest Headlines
Terror born from rage
Nothing of reliable note has been revealed about the motives of James Holmes, the arrested Colorado shooting suspect, but similar spree killings have been endemic for 30 years, and the impulses toward such violence run deep and go much further back. Commentary
Goldman: The rest of you should invest in America
Goldman Sachs CEO Lloyd Blankfein may be touting U.S. investment when he meets with clients, but he’s doing something different with the avowedly transnational company that he runs. Commentary
Letters reveal a troubling side of Alistair Cooke
Can it really be the same Alistair Cooke whom we hear in a new collation of half a century of Letters, this time focused on race relations? In The Custom of the Country, he acquiesces in the denial of certain inalienable rights for one-tenth of the U.S. population, the black citizens. Commentary
The growth versus inflation dilemma
The RBI is concerned about inflation; the finance ministry has growth as its priority. That, as RBI Governor Subbarao mentioned, makes the two almost look like adversaries.What he means is that a little inflation is good for growth; but when inflation exceeds a critical level inflation can actually come in the way of growth. Full Article
Thailand
Land of smiles or tourist trap?
A tumult of violence and intrigue has shaken tourism in postcard-perfect Thailand, raising questions over whether it is squandering a prized asset by failing to protect travellers. Full Article
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Inside the Olympic Village
Where the athletes will live during the London Olympics. Slideshow | Olympics Full Coverage