Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be incompetent, notes T N Ninan.
In India, the anniversary of 26/11 comes and goes with only the bare minimum of remembrance. We don't even bother very much about honouring those who acted with great bravery that day, rues Vir Sanghvi.
India slammed China for helping Pakistan in trying to raise the Kashmir issue at the UNSC, saying Beijing should seriously reflect on the global consensus. The latest attempt failed as other countries of the 15-member council felt Kashmir is a bilateral matter between India and Pakistan.
Defending champion Rafael Nadal failed to win a single game in the opening set of his US Open quarter-final against Dominic Thiem on Tuesday but fought back to beat the Austrian 0-6, 6-4, 7-5, 6-7 (4), 7-6 (5) in match that ended past 2 am in New York.
For Chef Thomas Zacharias, Chef Floyd Cardoz, was a partner, mentor. And family.
Faisal Shahzad, the Pakistani-American arrested for the failed Times Square bombing, carefully selected his location as a highly populated target and intended to strike again if he was not caught the first time, prosecutors have said.
This time last year, Federer was the pundits' pick to claim a third Grand Slam title of 2017 in New York, after roaring back from a season decimated by injury to win the Australian Open and Wimbledon.
'Today, I am leaving the race for the same reason: to defeat Donald Trump - because it is clear to me that staying in would make achieving that goal more difficult,' Bloomberg said in a statement
Four senior Twitter executives are leaving the media company, CEO Jack Dorsey tweeted late on Sunday night, the biggest leadership changes since Dorsey returned as chief executive as he struggles to revive the company's growth.
'It must be rendering Modi, Amit Shah and Adityanath speechless that the Indian diplomat who lifted the Azhar trophy at the UN in New York is also a Muslim. 'Yes, this is the wonder that was India,' says Ambassador M K Bhadrakumar.
The move makes Captain Simratpal Singh, a 28-year-old decorated combat veteran, the first active duty Sikh soldier to receive approval to maintain his articles of faith while actively serving in the US army.
In a first of its kind lawsuit, a decorated Sikh-American soldier has sued the US military, alleging that because of his religious beliefs he is being subjected to "discriminatory" testing that no other soldier in the US army goes through.
'I believe FFI has made a mistake,' notes Aseem Chhabra.
A summary of the first day's play at the US Open.
The German sixth seed, who has not won a title since winning at Flushing Meadows last year, never got into the match against the 2016 WTA newcomer of the year.
The hounding of Rhea Chakraborty in the Sushant Singh Rajput case is a drug that is being carefully pumped into India's veins to make it comfortably numb as it is wracked by economic ruin and disease, notes Sumit Bhattacharya.
The Supreme Court has given troubled conglomerate Sahara a month's time to explain why a receiver should not be appointed to auction off its properties.
Trump also announced that the US will end special treatment of Hong Kong in response to Chinese imposition of new controls.
When I knocked on doors (while campaigning), Indian Americans talked more about politics in India -- and I had to tell them this was about elections in New Jersey.
'I don't mind when he misbehaves. Obviously, I don't like the bad language. It's just when he doesn't try to play tennis, when he doesn't try to win then I think the umpire needs to step in. I think in this situation, default him on the spot, rather than suspend him'
President Obama has asked his Director of National Intelligence Dennis Blair to step down. As director of National intelligence, Blair was responsible for collation of intelligence among the 16 intelligence agencies that the US has. The recent shooting at Fort Hood and the intelligence failure surrounding the failed Times Square bombing in New York are said to be behind Blair's resignation.
'Did the Nobel committee, reviled for awarding Mr Dylan, play a little inside joke this time around, by awarding another lyricist who was once an aspiring musician?' asks Uttaran Das Gupta.
Images from Day 1 of the US Open in New York, on Monday.
The international media on hailed Narendra Modi as a "no-nonsense, can-do leader" after Bharatiya Janata Party secured a stunning win in the Lok Sabha polls, but cautioned that many challenges are in store for the "steely style" politician.
'Not only are four of the top five fathers, but Federer famously injured a knee, weakened by years of twisting and turning on tennis courts, early this year while giving his elder pair of twins a bath.'
United States President Barack Obama's National Security Adviser, Retired General Jim Jones, tried to sugar-coat his trip to Pakistan last week along with Central Intelligence Agency chief Leon Panetta, describing it as 'a meeting between friends'. But between the lines, he acknowledged that it was to warn Islamabad to crack down on terrorists plotting in Pakistan and using Pakistani Americans against targets in the US.
Two Pakistani men who were arrested for their alleged links to the attempted Times Square bombing in New York City have admitted to playing a role in the botched attack and are unrepentant for their actions. One of them angrily accused Pakistani interrogators of 'siding with the infidels', a senior intelligence official said. The pair is among six men officials arrested in Pakistan for alleged ties to Faisal Shahzad, a Pakistani-American arrested in the United States.
The "Super Tuesday", or March 3 presidential primaries, were held in as many as 15 states including Alabama, Arkansas, California, Colorado, Maine, Massachusetts, Minnesota, North Carolina, Oklahoma, Tennessee, Texas, Utah, Vermont and Virginia. Biden, 77, registered impressive victories in the states of Virginia, North Carolina, Alabama, Oklahoma, Tennessee, Minnesota, Massachusetts and Arkansas, propelling him as the frontrunner in the primaries. However, Sanders, 78, by winning big in the State of California -- which sends 415 pledge delegates -- reflected the fight to win Democratic nomination to challenge Republican incumbent Donald Trump was not over yet.
"We've now developed evidence that shows that the Pakistani Taliban was behind the attack," US Attorney General Eric Holder told ABC television's Sunday current affairs talkshow This Week.
Goat Yoga is real and, believe it or not, is a big craze in the United States with classes selling out everywhere from California to New York.
Her train was 8-foot-long and a limousine wasn't enough to carry it! Read on to find out how she finally arrived at the venue.
Unfazed by protesters shouting "Shame on you!", Trump and Republicans celebrated after the bill passed the 216-vote threshold, with just one vote to spare
In a relief to Sahara, a US court has rejected a plea seeking to attach the Indian group's prized Plaza and Dream Downtown hotels.
IMAGES from Australian Open matches played at Melbourne Park on Friday
'We look forward to providing great customer experiences in India.'
Images from the second day at the US Open, the final Grand Slam tournament of the year.
US President Barack Obama has said that his administration would do whatever necessary to find those responsible for the failed terrorist attempt to blow up a car bomb at the Times Square in New York on Saturday.
The 15-year-old American phenom was forced to dig deep to become the youngest player since Anna Kournikova in 1996 to reach the third round
Frenchman Jo-Wilfried Tsonga will not compete at this month's U.S. Open tennis grand slam after failing to recover in time from a knee injury.
FIDE said in a statement that the game of chess has a "genuine global appeal" and that it has 189 national federations and 600 million people who practice chess globally.
