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China to the rescue: Modi needs the drag...

China to the rescue: Modi needs the dragon for Make in India to succeed

New Delhi: India’s steel consumption is expected to grow at its fastest pace in five years next year on Prime Minister Narendra Modi’s infrastructure push, but a scarcity of raw materials means it will be at the expense of another key goal – curbing imports. In his triumphant... read more »

Jayant Sinha Takes Charge as Minister of...

Jayant Sinha Takes Charge as Minister of State in Finance Ministry

Indian Institute of Technology (IIT-Delhi) and Harvard Business School alumnus Jayant Sinha today took charge as Minister of State in the Finance Ministry. Mr Sinha was briefed by senior officials in the Ministry soon after taking charge. He assumes office at a time when the ministry is preparing... read more »

Cabinet reshuffle: Technocrats in Team M...

Cabinet reshuffle: Technocrats in Team Modi for reforms push

In the coming months, the government has promised to move on big-ticket issues such as land acquisition, infrastructure, skill development and also to step up growth in industry and agriculture. Suresh Prabhu, 61, the new railway minister, is also the PM’s sherpa for the G-20 summit later this... read more »

Fate of Isis leader remains unclear afte...

Fate of Isis leader remains unclear after US airstrike in Iraq

Officials in Baghdad and Washington remained unclear on Sunday about the fate of the Islamic State (Isis) leader Abu Bakr al-Baghdadi after a key aide was killed in a US air strike near Mosul. A senior Iraqi official confirmed to the Guardian that the aide, Abdur Rahman al-Athaee, also known as Abu... read more »

France conducts first airstrike in Iraq, destroys logistics depot held by IS

PARIS: France says it has conducted its first airstrike in Iraq and has destroyed a logistics depot held by the Islamic State group. The office of President Francois Hollande’s office... read more »

Accused of burning daughter-in-law, cop returns to Tihar as prisoner

A Deputy Superintendent of Tihar Jail and his son were arrested on Thursday for allegedly setting ablaze the latter’s wife over dowry at their residence in South Delhi’s... read more »

Biocon stock zooms after Silver Leaf Oak buys 10% stake in Syngene for Rs 380 cr

MThis investment reflects Syngene’s leading position in the contract research and manufacturing space in Asia, acknowledging its comprehensive multidisciplinary capabilities,”... read more »

UCO Bank examining ways to declare Kingfisher Airlines wilful defaulter

State-run lender UCO Bank is examining its options on how to declare Kingfisher Airlines a willful defaulter, chairman and managing director Arun Kaul said on Friday. “We are... read more »

Rupee erases all gains, trades flat at 60.84 per dollar

Mumbai: The Indian rupee erased all its gains and remained barely changed from its previous close, tracking the weakness in other Asian currencies on Friday. At 2.19pm, the home currency was trading... read more »