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 continue... 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 satirical... read more »
Brazil bus crash leaves 54 dead, including 8 children
The Brazilian government raised the death toll of a bus accident to 54 while police continued their search for more victims Sunday in the rugged lands of southern Brazil. The dead include at least eight young children, three adolescents, 24 women and 14 men, the government of Santa Catarina state... read more »
CBI arrests 3 people in corporate espionage case for leaking sensitive documents from vari...
New Delhi: The Central Bureau of Investigation on Thursday night arrested three people in the corporate espionage case. The trio were detained in the case for leaking sensitive documents... read more »
Masarat Alam’s activities under watch: J&K Govt told Rajnath Singh
New Delhi: In a bid to douse the row over release of Masarat Alam, Union Home Minister Rajnath Singh on Thursday said he would ensure the surveillance of the Jammu and Kashmir separatist... read more »
Coalgate: Manmohan Singh says ‘more than pleased’ with Congress’ support
New Delhi: The Congress is rallying behind former prime minister Manmohan Singh, who has been summoned as accused in a coal blocks allocation case. Former prime minister Manmohan Singh has... read more »
Jindal Stainless up 17% on anti-dumping duty plan of govt
Shares of Jindal Stainless surged over 17 percent intraday on Thursday hoping for anti-dumping duties on China import. The trade ministry has recommended anti-dumping duties ranging from... read more »
InMobi, Snapdeal could get boost from Google, Alibaba
Two Indian firms could get a boost from tech majors in what might turn out to be the first direct investment in the country by Google Inc and Alibaba. Chinese e-commerce giant Alibaba is in talks... read more »