Modi suddenly pressured to act after Raghuram Rajan cuts rates
New Delhi: Now that the Reserve Bank of India (RBI) governor Raghuram Rajan responded to government pressure with India’s biggest rate cut since 2009, it’s Prime Minister Narendra Modi’s turn to act. India’s lenders have been slow to pass on rate cuts earlier this year, prompting Rajan to... read more »
India, US, Japan to work together to maintain maritime security
NEW YORK: Reflecting the growing convergence of their individual interests in the Indo-Pacific region, India, US and Japan have agreed to work together to maintain maritime security through greater collaboration. The agreement was reached at the inaugural US-India-Japan Trilateral Ministerial... read more »
Does it suit a PM to visit companies seeking investments, Kejriwal question...
New Delhi: Questioning Narendra Modi’s foreign tours, Delhi Chief Minister Arvind Kejriwal on Tuesday wondered if it behoved the Prime Minister to visit individual companies like Google and Facebook to seek investment, even as AAP said PM’s travels have not brought any concrete outcome... read more »
Someone’s dinner is now part of a criminal investigation in UP: Beef-ban ex...
The rumour of beef and pig tallow greasing cartridges is supposed to have spawned what the British called the Indian mutiny. That was 1857. Now in 2015 rumours of eating beef can get you killed. The Indian Express story about a 50-year-old man beaten to death and his son critically injured in... read more »
IndusInd Bank up over 2% as RBI allows FIIs to buy shares
Shares of IndusInd Bank on Monday surged over 2 percent in morning trade on the bourses after the Reserve Bank on Friday removed the lender from its caution list. RBI in a release on... read more »
Diageo may not recover Rs 900 cr loan from Vijay Mallya co
Global spirits giant Diageo has said it may not be able to fully recover a loan of USD 135 million given to Vijay Mallya-affiliated Watson by Standard Chartered Bank where it had acted as a... read more »
Defence veterans end fast-unto-death, protests to continue
Defence veterans, who were on fast-unto-death, on Sunday called off their hunger strike following a clarification from Prime Minister Narendra Modi on the voluntary retirement issue, a day... read more »
Migrant crisis: Germany to release funds to help regions cope
Germany’s coalition government has agreed to spend 6bn euros (£4.4m) to support record numbers of migrants and other measures to deal with the influx. Critics at home have accused... read more »
North, South Korea begin family reunion talks
North and South Korean Red Cross officials kicked off talks on Monday on organising a rare and emotional reunion for families separated by the Korean War. The discussions at the border truce village... read more »
