Slow governance responsible for decline in growth: Rajan
Attributing decline in economic growth to “slow governance” and faulty allocation of natural resources, Reserve Bank of India (RBI) Governor Raghuram Rajan has said gross domestic product (GDP) will improve to 7 per cent in the next three years on the back of political stability. “The sharp... read more »
India, Australia to collaborate on health care
Australia on Friday announced the extension of the Australia-India Strategic Research Fund (AISRF) for a further four years and also pledged Australian dollars (AUD) 20 million for the initiative. Visiting Australian Prime Minister Tony Abbott made the announcement in Delhi after a visit to the Jai... read more »
IS recruitment of foreign fighters key issue for NATO: US
The shadow of the Islamic State appeared to loom large over the meeting of the North Atlantic Treaty Organisation in Wales, U.K., this week, as alliance partners led by the U.S. urged the coalition to take steps toward formulating a coordinated policy response to the threat posed by the insurgent... read more »
China says 2 pilots died in aircraft carrier tests
Two Chinese test pilots were killed during development of the country’s first aircraft carrier fighter wing, state media said. President Xi Jinping had signed an order awarding honorary titles to all pilots in the first squadron to conduct take off and landing tests aboard the... read more »
Crude below $100/bbl may hasten diesel price decontrol
After consolidating for a few days, crude prices today fell below the key USD 100 per barrel mark, giving further boost to expectations that given the recent stability the rupee has... read more »
Heavy foreign buying in equity derivatives points to a big move
Overseas investors bought Indian equity derivatives worth Rs 4,122 crore on Tuesday, NSE data showed. The amount included Rs 2,853 crore worth of index options. “This kind of buying... read more »
HDFC Bank is India’s Most Valuable Brand: Report
HDFC Bank is India’s most valuable brand, according to a report released by marketing and brand consultancy Millward Brown in conjunction with communications group WPP. The BrandZ Top... read more »
Assam: 5 NDFB militants killed in encounter with security forces
Guwahati: Five NDFB-Songbijit militants were killed in an encounter with a joint police and army team in lower Assam’s Chirang district early on Wednesday morning, said a top police... read more »
Sonia Gandhi Targets Modi Government, Says ‘People Caught i...
New Delhi: Sonia Gandhi today accused the Narendra Modi government of showing “false dreams” to the people of India and urged her Congress party to stay the course even though the road to... read more »
