Coal scam: former Coal Secretary granted bail
Former Coal Secretary H C Gupta and four others, including a senior public servant, were on Friday granted bail by a Special Court in a coal block allocation scam case. Special CBI Judge Bharat Parashar granted the relief to Gupta, serving public servant K S Kropha, who was a former Joint Director... read more »
Pressure for rate cut mounts as Raghuram Rajan completes second year as RBI...
Known for his hawkish outlook, Reserve Bank of India Governor Raghuram Rajan completes two successful years in office today. Bringing the retail inflation down to 3.8 per cent in July from 9.8 per cent in September 2013, Governor Rajan now faces the challenge for rate cuts with the finance ministry... read more »
Saudi king to meet with Obama amid Gulf concerns over Iran
Saudi King Salman will meet with US President Barack Obama in Washington on Friday to seek more support in countering Iran, as the Obama administration aims to use the visit to strengthen relations after a period of tensions. The visit is the king’s first to the United States since ascending... read more »
Father of drowned Syrian boys prepares to take bodies home
The distraught father of two Syrian toddlers who drowned with their mother and several other migrants as they tried to reach Greece identified their bodies on Thursday and prepared to take them back to their home town of Kobani. Abdullah Kurdi collapsed in tears after emerging from a morgue in the... read more »
Modi wants Posco to stay in India, PMO to take up issue with company officials today
The Prime Minister’s Office is likely to take up the issue of steel giant Posco’s proposed $10.5-billion integrated steel plant in Jagatsinghpur with the Odisha government and... read more »
Onion prices fall below Rs 50/kg at Lasalgaon on export curbs
New Delhi: Wholesale prices of onion today fell below the Rs 50 per kg mark at the Lasalgaon in Maharashtra, Asia’s biggest onion market, due to curbs on exports and fear of action... read more »
Larsen & Toubro Bags Orders Worth Rs. 1,563 Crore in July
New Delhi: Larsen & Toubro (L&T) on Tuesday said power transmission and distribution business of L&T Construction has bagged orders worth Rs. 1,563 crore in July and... read more »
Sensex, Nifty see relief rally; rupee gains 50 paise
Oil bounced back from heavy losses today but global oversupply and worries over the severity of the economic slowdown in China, the world’s top commodity consumer, kept prices near... read more »
China stocks sink over 7 per cent as panic selling intensifies
SHANGHAI: China stocks slumped more than 7 percent on Tuesday to their lowest level since December, with panic selling intensifying after the flagship Shanghai Composite Index crashed through the key... read more »
