Government to issue ownership rights of 15 coal mines on March 23
Government will begin issuing ownership rights on March 23 for the coal blocks that have been auctioned so far, starting with successful bidders for 15 mines in the first tranche. As many as nineteen mines under Schedule II (already in production) category were auctioned in the first leg held... read more »
The Indian economy needs a dovish Raghuram Rajan
The global economy is still very much in the zero interest rate policy (ZIRP) era with the exception of the US Federal Reserve which is widely expected to raise rates this year. 16 out 18 industrialized nations have seen their inflation reading run below expectations as deflationary forces... read more »
Wipro set to start search for next CEO
BENGALURU: Wipro will begin a process to identify and groom a successor to chief executive TK Kurien later this year, the tossup likely to be between a potential high-profile external hire and a fast-rising executive considered a favourite of founder-chairman Azim Premji, both being considered for... read more »
Asterix cartoon raises £100,000 for Charlie Hebdo victims
The storyboard, from 1971’s Asterix and the Laurel Wreath, carried a special dedication from the character’s co-creator, Albert Uderzo. Auction house Christie’s also waived its commission on the sale, in Paris. Twelve people were killed when gunmen stormed the offices of... read more »
Nigeria: Boko Haram bomb factory uncovered in troubled northeast
Nigerian troops discovered a Boko Haram bomb factory this week after they seized a northern town from the extremists, the military said. The factory was tucked inside a fertilizer company... read more »
Maldives’ Ex-President Convicted, Calls for Protests
A former president of the Maldives called on his supporters to go out in the streets to protest his imprisonment after a quick and disputed trial that raised fears of more instability in... read more »
21 dead, 26 missing after Myanmar ferry sinks: police
A passenger ferry has sunk off the coast of western Myanmar leaving at least 21 people dead and 26 missing, police said Saturday. The “Aung Takon” was carrying more than 200... read more »
About 50 dead as Myanmar ferry sinks in bad weather
YANGON: About 50 people were believed to have drowned off Myanmar when a ferry sank in bad weather, government officials said on Saturday, though residents said they believed more people... read more »
Nitish begins 24-hour fast against Land bill
Bihar Chief Minister Nitish Kumar today went on a 24-hour fast in Gandhian style here as part of JD(U)’s state-wide agitation against the Centre’s land acquisition bill. Kumar came to the party... read more »
