DBS India posts Rs 275-cr loss in FY15 on provisioning
Singapore-based DBS Bank has posted a loss of Rs 275 crore in FY15. This is the first time the bank has incurred a loss in its India business since it set up its first branch in India in 1995. This loss on the book was mainly on account of a clean-up of its bad loans portfolio. In FY14, DBS’s... read more »
A Google blunder knocked £175 off the price of a Nexus 6
A technical blunder at Google meant late-night shoppers could have picked up a 32GB Nexus 6 for as little as £304 ($474). Normally, those phones sell for £479 ($746). The Independent spotted the £175 ($273) discount late on Thursday night. The reason for the drop remained unclear. However, a... read more »
PM Modi to visit Varanasi on July 16
Prime Minister Narendra Modi will visit Varanasi on July 16, after he had to cancel an earlier trip here due to adverse weather conditions. Prime Minister Modi had on June 28 cancelled his plan to address ‘Vikas Sabha’ in his parliamentary constituency after heavy downpour led to water... read more »
KCR writes to PM Modi, calls for Jwala Gutta to be included in TOP scheme
Telangana Chief Minister K. Chandrashekar Rao, also known as KCR, wrote to Prime Minister Narendra Modi on Saturday, urging him to include the names of top shuttler Jwala Gutta and her doubles partner, Ashwini Ponnappa in the ‘Target Olympic Podium’ (TOP) scheme. As you are aware,... read more »
Indian-American woman Vanita Gupta appointed to key US Justice Department post
Indian-American Vanita Gupta, a top lawyer from American Civil Liberties Union, has been appointed to head the civil rights division of the US Justice Department, becoming the first South... read more »
Bishop, Putin attend summit in Italy
MS Bishop and the Russian president will be among the senior politicians and leaders attending the Asia-Europe Meeting (ASEM) in Milan which starts on Thursday (Milan time). Prime Minister... read more »
Obama: Risk of Widespread US Ebola Outbreak ‘Very, Very Low’
President Barack Obama says the risk of a widespread Ebola outbreak in the United States is ‘very, very low,’ if all the proper protections are taken. Speaking at a Cabinet... read more »
India, China to have border mechanism talks in New Delhi
Indian and Chinese officials will hold their first meeting of a bilateral border mechanism here today. Media reports quoted officials sources, as saying that Thursday’s meeting is... read more »
Hong Kong blocks BBC site after video of police beating is aired
BEIJING — The BBC’s website was blocked in China on Wednesday, hours after a video of Hong Kong police beating and kicking a pro-democracy protester began circulating online. The move appears to... read more »
