India's new government introduced a reform-minded budget Thursday, telegraphing a contentious overhaul of populist subsidies and vowing to lift economic growth to rates of 7-8 percent by spending billions of dollars on infrastructure.
The budget for the fiscal year ending March 2015 was closely watched as an indicator of whether Prime Minister Narendra Modi's government will act quickly to will deliver on promises to revive stalled economic growth. The government also announced plans to ease limits on foreign investment in defense and insurance businesses.
Hundreds of Palestinians carried bodies through the streets in the Gaza Strip on Wednesday as they buried those killed in Israeli airstrikes. On the other side of the border Israelis braced for rocket fire and soldiers massed on the border.
An Israeli offensive aimed at stopping near-daily Palestinian militant rocket attacks has set off the heaviest fighting between Israel and the Islamic militant group Hamas since an eight-day battle in November 2012, and it is taking a heavy toll on civilians.
The World Cup's second semifinal was supposed to put the silky skills of Lionel Messi and Arjen Robben in the spotlight. Instead, a goalkeeper and two rock-solid defenses stole the show.
Argentina goalie Sergio Romero saved two penalties Wednesday to send Argentina into the World Cup final with a 4-2 shootout win over the Netherlands after tough defending and a lack of creative spark from either team consigned the match to a 0-0 stalemate.