Latest News Headlines Thu Sep 6 16:34:35 IST 2018

Head of all world Gayatri Pariwar presents DD of Rs. 1.25 crore towards PM's National Relief Fund
Indian navy ships & aircraft arrive in Sri Lanka to participate in joint exercise SLINEX-2018
Mobility is next frontier & key driver of jobs in India: NITI Aayog CEO
SC decriminalises homosexuality, partly strikes down Section 377
VP Venkaiah Naidu to visit US to participate in 2nd World Hindu Congress
Telangana Cabinet proposes dissolution of State Assembly
Extremely heavy rainfall likely over Odisha during next 24 hours: IMD
India will become a 10 trillion dollar economy before 2035: Union Minister Shri Suresh Prabhu
â€˜Source Indiaâ€™ at 87th Izmir International tradeshow in Turkey
MOVE: Indiaâ€™s First Global Mobility Summit 2018 to be inaugurated by the Prime Minister on 7th September
President of India meets Prime Minister of Bulgaria; calls for stronger bilateral business relations; unveils statue of Mahatma Gandhi in Sofia
Remarks by the President of India on the occasion of unveiling of Mahatma Gandhi statue, South Park, Sofia
Dr. Pranav Pandya presents a demand draft of Rs. 1.25 crore towards Prime Ministerâ€™s National Relief Fund
Vice President to visit US to participate in 2nd World Hindu Congress
Fake Sagarmala Website
Boost to pro-people and pro-poor initiatives
Our Constitution strengthened our Parliamentary Democracy: Vice President
Telangana Cabinet proposes dissolution of State Assembly
President Ram Nath Kovind meets Bulgarian PM Boyko Borissov
SC decriminalises homosexuality, partly strikes down Section 377
Extremely heavy rainfall likely over Odisha during next 24 hours: IMD
FM Jaitley attributes fall in rupee to global factors
PM Jan Dhan Yojna to be open-ended scheme with more incentives
India-US 2 plus 2 dialogue underway in New Delhi
Cabinet approves continuation of the Centrally Sponsored Umbrella Scheme of Integrated Development of Wildlife Habitats beyond 12th Plan
Cabinet approves establishment and operationalization of permanent campus of seven new IIMs at Amritsar, Bodh Gaya, Nagpur, Sambalpur, Sirmaur, Vishakhapatnam and Jammu
Tourism Ministry has Sanctioned Projects of Rs. 80.37 Crores for Development of Rural Circuit In Kerala : Shri K. J. Alphons
4th Cement Terminal at Cochin Port Starts Operations
President of India in Bulgaria: delivers an address at Sofia University; leads delegation level talks. India and Bulgaria sign five agreements
PM Modi's letter to the teaching community on Teachers' Day
Telangana Assembly dissolved; KCR to continue as caretaker CM
Dr. Pranav Pandya presents a demand draft of Rs. 1.25 crore towards PMNRF
Niti Aayog urges states to formulate EV policy - Economic Times
Government need not respond to daily, weekly changes in oil prices ... - Economic Times
A Car Will Be Sold In India Every Second By 2030, Says NITI Aayog Boss - NDTV
Uddhav Thackeray lashes out at PM Modi, Niti Aayog over falling ... - India Today
Working Group Report - 1 - Inventory and Revival of Springs in the Himalayas for Water Security
Working Group Report - 2 - Sustainable Tourism in the Indian Himalayan Region
Working Group Report - 3 - Shifting Cultivation: Towards a Transformational Approach
Working Group Report - 4 - Strengthening Skill and Entrepreneurship Landscape in Indian Himalayan Region
Working Group Report - 5 - Data for Informed Decision Making along with the Indian Himalayan Region
Board of Deccan Bearings appoints director
Deccan Bearings director resigns
Mahindra & Mahindra announces production, sales and export figures
Safal Securities director resigns
Dewan Housing Finance Corporation allots NCDs aggregating Rs 1700 crore
Dhruv Consultancy Services secures contract from Ministry of Road Transport...
Sayaji Industries sells its entire 40% stake in JV for USD 3.2 mn
Lemon Tree Hotels signs license agreement for property in Ranthambore
Board of Phoenix Township appoints director
Uflex develops Premium Lens Transfer Paper, Paperboard Using Fresnel Lens
Housing Development Finance Corporation allots 4.56 lakh equity shares
Dilip Buildcon secures contract worth Rs 717.45 crore
Vakrangee enters into distribution tie up with Aditya Birla Finance
Dassault Systemes ready to meet India's demand to store data locally
India to play for pride, England for Cook in fifth and final Test (Preview)
Pakistan marks Defence Day
Saurabh tops junior 10m air rifle, bronze for Arjun at Shooting Worlds
Rahul Gandhi biggest buffoon: KCR
Homosexuality verdict: LGBTIQs celebrate 'functional democracy
Maharashtra Police flayed for casting aspersions on SC
TRS announces candidates for 105 Assembly seats
India, US sign key defence pact
SC verdict on gay sex is like getting marriage offer after retirement
Telangana Assembly dissolved for early polls (Second Lead)
Now an 'Amma Canteen' in Agra
Bengali actress commits suicide
Gayatri Pariwar gives Rs 1.25 crore for Kerala flood relief
Technology jobs are fastest growing for Indian professionals: LinkedIn
Law is with us: 'Aligarh' writer on SC decriminalising homosexuality
Hinduja Global Solutions to generate 500 jobs in US
Fuel prices resume breaking records
Odisha likely to receive heavy rainfall
Before building your careers, visit the real world: Prakash Baba Amte
Microsoft releases Indian language 'Speech Corpus' for researchers
Maharashtra LGBTQ activists cautiously welcome SC verdict
Finally free to live, love: Indian fashion frat on SC verdict on homosexuality
Not all migrants escaping war, famine: Italy
Death toll in Kabul blasts rises to 25
Donald Sutherland to get lifetime honour at Zurich film fest
My films have huge messages: Salman Khan
Important for actors to set right examples: Kareena Kapoor Khan (IANS Interview)
World beyond dance: French directors making documentary on choreographer Terence Lewis
Excellon Software's DMS Implementation at Royal Enfield Completes Five Years Successfully
GSMA Announces 2019 Global Mobile Awards Open for Entry
Curbs on IL&FS Financial's access to Commercial Paper till Feb 2019
PFS to sell two stressed assets to ARC; focus on road, transmission, ports
Volkswagen's Porsche reputation once again tarnished by dealer arrests
Jet Airways pilots, engineers warn of 'non -cooperation' on salary payment
Telangana CM Rao dissolves assembly 8 months ahead of full term
Isro wants private players to take over PSLV, satellite production by 2020
Temasek becomes seventh investor in NIIF Master Fund, parks Rs 27.5 bn
How rupee has been held hostage to a 70% surge in India's crude oil bill
Sebi officials to go abroad to study mechanism of cryptocurrencies, IPO
BS-VI fuel to be available across India by April 2020: Dharmendra Pradhan
Contributions to 'Bharat Ke Veer' exempted from income tax
All contributions to 'Bharat Ke Veer', a home ministry fund which aids families of paramilitary personnel who died fighting extremists, have been exempted from the income tax, Home Minister Rajnath Singh said Thursday.
LGBT community would no longer feel like criminals, second class citizens: one of petitioners in SC
One of the petitioners in the Supreme Court on the Section 377 issue said the apex court verdict is a new dawn for the LGBT community which would no more feel like criminals and second class citizens.
NIIF fast evolving into investment vehicle for building infra assets: Garg
Singapore-based Temasek has invested USD 100 million in National Investment and Infrastructure Fund's 'Master Fund' and the NIIF is fast evolving into a major investment vehicle, Economic Affairs Secretary Subhash Chandra said Thursday.
Complaint filed against Salman Khan in Bihar court over 'Loveratri
An advocate Thursday filed a complaint in a Bihar court against Salman Khan and others associated with his next home production 'Loveratri', alleging that the title of the film hurts Hindu sentiments by deriding the festival of Navaratri.
Lupin to train over 1k graduates for pharma industry by 2020
Pharmceutical giant, Lupin Limited expects to train more than 1,000 under graduates into pharma professionals by the year 2020 under its Learn and Earn Initiative, a senior company official said today.
The following is the chronology of events leading to the Supreme Court unanimously ...
The following is the chronology of events leading to the Supreme Court unanimously decriminalising on Thursday part of Section 377 of the IPC which dealt with consensual gay sex.
MP: Ex-MLA quits BJP against restoring Atrocities Act
Former MLA Laxman Tiwari Thursday announced his resignation from the Madhya Pradesh BJP in protest against restoration of provisions of SC/ST (Prevention of Atrocities) Act, on a day of Bharat bandh over the issue.
Leap Green Energy to expand renewable power capacity to 2 GW by 2020
Clean energy generation firm Leap Green Energy Thursday said it looks to increase its power capacity to 2 GW from existing operational 751 MW and also plans fund infusion of USD 300 million.
Govt cautions against fake Sagarmala website
The shipping ministry today cautioned against the fake Sagarmala website, which contains false advertisement about recruitment of trainee engineers.
2+2 talks: India, US ink critical defence pact; discuss cross-border terror, H1B
A long-negotiated defence pact under which critical and encrypted defence technologies will be provided to the Indian military by the US was inked here Thursday after the two countries held their first 2+2 dialogue during which they also discussed key issues, including cross-border terrorism, india's NSG bid and the contentious H1B visa issue.
Assam boat capsize: 2 dead, 2 missing, not more, says minister
A day after a boat capsized in the Brahmaputra, Assam minister Himanta Biswa Sarma said on Thursday that two bodies had been found and not three as reported earlier.
ISRO working on smaller launch vehicles to carry satellites of up to 700 kg
The ISRO is working on building smaller launch vehicles that will carry satellites weighing 500 to 700 kg to up to 500 kilometres from the earth's surface, its chief, K Sivan, said Thursday.
Stocks stage relief rally on value-buying; RIL leads recovery
Markets staged a strong comeback Thursday after six straight sessions of losses as investors accumulated recently hammered healthcare, energy and power stocks towards the fag-end even as the rupee breached the 72-level for the first time.
Early poll move by Telangana CM sparks debate
As Telangana Chief Minister K Chandrasekhar Rao seeks early elections, the move has sparked a debate on what prompted the TRS supremo to bite the bullet.
Telly actor found hanging in hotel room, suicide suspected
Television actor Payal Chakrabory has been found hanging in a hotel room in Siliguri, north Bengal, under mysterious circumstances, police said.
Kansai Nerolac ropes in actor Ranveer Singh as brand ambassador
Paint maker Kansai Nerolac has roped in Bollywood actor Ranveer Singh as its brand ambassador.
Two women among 11 injured in accident in Ramban: police
Eleven people including two women were injured when a vehicle rolled down into gorge in Jammu and Kashmir's Ramban district Thursday, police said.
Rain alert in Gangetic WB
The IMD today issued an alert of heavy to very heavy rain in Gangetic West Bengal owing to a deep depression over northwest Bay of Bengal and adjoining West Bengal and north coastal Odisha.
Allegations on Rafale deal don't match with facts: IAF deputy chief
Countering allegations of any wrongdoing in the Rafale deal signed between India and France, Deputy Chief of Air Staff Air Marshal Raghunath Nambiar Thursday said what is being alleged does not match with facts at all.
After 13 years, lawyer gets 1-week jail for contempt of court
The Bombay High Court has sentenced a lawyer to simple imprisonment for a week in a 13-year-old case of contempt of court wherein he abused a trial court judge and threw a notebook towards him.
Sugar softens on ample stock, muted demand
Sugar saw a modest fall of up to Rs 10 per quintal in its prices at the wholesale market in the national capital following bumper stocks on persistent supplies from mills amid scattered buying by stockists and bulk consumers.
Rain cripples life in Odisha
Heavy rains crippled normal life in several parts of Odisha Thursday as the low pressure over the Bay of Bengal intensified into a depression.
LGBTQ rights activists welcome 'historic' SC verdict on homosexuality
LGBTQ rights activists here on Thursday welcomed the Supreme Court judgement decriminalising consensual gay sex and dubbed the verdict "historic" and "unprecedented".
PM to inaugurate first Global Mobility Summit tomorrow
Prime Minister Narendra Modi will Friday inaugurate the first Global Mobility Summit - MOVE - which among other things will deliberate on steps to promote electric vehicles and shared mobility, according to an official statement.
Homosexuality not a crime, but do not support same-sex marriages: RSS
Homosexuality is not a crime, the RSS said Thursday, while maintaining that it does not support same-sex marriage as it was "not natural".
2+2 talks: India, US ink critical def pact; discuss cross-border terror, H1B
A long-negotiated defence pact under which critical and encrypted defence technologies will be provided to the Indian military by the US was inked here Thursday after the two countries held their first 2+2 dialogue during which they also discussed key issues, including cross-border terrorism, india's NSG bid and contentious H1B visa issue.
BSE to suspend trading in Lanco Infratech from Sep 14
Leading stock exchange BSE Thursday said trading in the equity shares of Lanco Infratech will be suspended from September 14, following commencement of liquidation proceedings.
Bharat Bandh call has 'no meaning' but all have right to express, says UP CM; life normal
Life remained normal across Uttar Pradesh on Thursday despite a 'Bharat Bandh' call by some upper-caste groups against the recent amendment approved by Parliament to overturn a Supreme Court judgment on the Scheduled Caste/Scheduled Tribe (Prevention of Atrocities) Act.
Opposition parties attack Telangana CM over early poll move
Opposition parties Thursday hit out at Telangana Chief Minister K Chandrasekhar Rao for the early elections move, charging him with indulging in "obfuscation politics" prompted by fears that TRS would be unable to return to power if polls were to be held next year.
SC verdict on homosexuality momentous; important step towards liberal society: Cong
The Congress Thursday hailed as "momentous" the Supreme Court verdict decriminalising consensual gay sex and termed it as an important step forward towards a liberal and tolerant society.
HC notice to AAP govt over illegal pathological labs
CBI arrests four in Gutka scam
The CBI has arrested two promoters and directors of Annamalai Industries allegedly involved in Gutka scam in Tamil Nadu, officials said Thursday.
LGBTQ community members, activists, hail SC verdict
Hailing the Supreme Court's landmark decision to decriminalise consensual gay sex under Section 377 of the IPC, Manabi Bandyopadhyay, the country's first transgender college principal, said Thursday it was a "new dawn" for members of the LGBTQ community and activists.
KCR govt dissolves assembly, T'gana Guv asks him to continue
Ending weeks of speculation, the Telangana government recommended the dissolution of the state assembly Thursday, official sources said.
Bhima Koregaon: SC extends activists' house arrest till Sep 12
Dabholkar murder: Accused sent to CBI custody till Sep 12
Salary delay: Jet Airways' pilots warn of "non-cooperation
With Jet Airways delaying salaries of its pilots and engineers for the second consecutive month amid a severe financial crunch, its pilots have warned the management of "non-cooperation" over default on payments.
Taking dig at Kejriwal, Hardeep Puri says he should look at Delhi transport system
A day after Arvind Kejriwal expressed his sadness over Delhi metro becoming out of reach for common man, Union Minister Hardeep Singh Puri Thursday said the Delhi Chief Minister should instead look at the state of public transport system that comes under his government which lacks 7,000 buses.
Policybaazar eyes Rs 700 cr revenue in FY19
Insurance web aggregator Policybaazar.com is eyeing a revenue of Rs 700 crore in the current financial year, double of what achieved in the last fiscal.
Naxal arrested in Dantewada
GST annual return forms to help check tax evasion: experts
The newly notified annual GST return forms will go a long way in checking tax evasion by providing the entire financial transactions logged by an assessee to the revenue department, said experts.
Aurobindo to acquire Sandoz's dermatology, oral solids biz for
Pharma major Novartis on Thursday announced itagreed to sell selected portions of its Sandoz US portfolio, specifically the Sandoz US dermatology business and generic US oral solids portfolio, to Aurobindo Pharma USA Inc, for USD 900 million of cash plus USD 0.1 billion of potential earn-outs.
India, US ink COMCASA after inaugural 2+2 dialogue: officials
India and the US Thursday inked a long-negotiated pact under which critical and encrypted defence technologies will be provided to the Indian military by the Americans, officials said here.
Bharat Bandh' over SC/ST Act: MP remains largely peaceful amid tight security arrangements
Most private schools and petrol pumps in Madhya Pradesh remained closed Thursday, while markets and business establishments in parts of the state were shut in view of a 'Bharat Bandh' call given by some groups against the amendments in the SC/ST Act.
Koregaon Bhima violence: Probe panel beings recording of statements
A two-member judicial commission, set up to probe the Koregaon Bhima violence at Pune in Maharashtra, began its proceedings here by recording evidence of a witness, even as an activist urged that Chief Minister Devendra Fadnavis be summoned before the panel.
Base metals up on industrial demand, global cues
Prices of base metals strengthened by up to Rs 5 per kg at the non-ferrous metals market following pick up in demand from consuming industries amid firm global cues.
Telangana assembly dissolved, set for early polls
Bridge collapse: traffic snarls continue in city
Closure of a part of arterial Diamond Harbour Road owing to collapse of a section of Majerhat bridge caused huge traffic snarls since morning on Thursday, leading to delays and frayed nerves of commuters.
Raj assembly adjourned twice during pre-lunch session
The Rajasthan assembly was adjourned twice Thursday during the pre-lunch session amid the Opposition's uproar over alleged shelving of over 4000 of their questions on public interest and the misuse of state machinery for Chief Minister Vasundhara Raje's 'gaurav yatra'.
ED raids 5 locations in J'khand in first cyber conning PMLA case
The Enforcement Directorate (ED) Thursday conducted searches at 5 locations in Jharkhand in connection with the first-of-its kind cyber crime money laundering case in which conmen based in a remote town of the state robbed gullible people of their hard-earned money by making cheat phone calls, officials said.
Rajmah rises on scattered demand
Rajmah prices rose by Rs 100 per quintal at the wholesale pulses market on mild demand against restricted arrivals from growing regions.
Man held with 17 kg of poppy in Kathua
Police allegedly arrested a truck driver with 17 kg of poppy in Kathua district of Jammu and Kashmir Thursday, officials said.
SC asks TN Guv to consider Perarivalan's mercy plea in Rajiv Gandhi assassination case
The Supreme Court on Thursday asked the Tamil Nadu Governor to consider the mercy petition of A G Perarivalan, a convict in the 1991 Rajiv Gandhi assassination case.
HC raps Maha Police for divulging info on sensitive cases
The Bombay High Court Thursday came down heavily on the Maharashtra Police machinery for divulging information to the media about sensitive cases, saying such "over-enthusiasm could be fatal".
Experts welcome SC verdict decriminalising consensual gay sex
Senior advocates and jurists on Thursday welcomed the historic verdict of the Supreme Court decriminalising consensual gay sex between adults, saying everyone has the right to live a dignified life with equality.
Video of woman abusing traffic personnel goes viral on the internet
A woman allegedly misbehaving with traffic personnel here has gone viral on the internet.
Guar gum futures recover on export demand, weak rupee
Guar gum prices recovered Rs 35 to Rs 9,560 per quintal in futures trade as speculators accumulated huge positions on the back of pick-up in exports demand following depreciating rupee.
AI to create new jobs, enhance employee engagement: Report
Contrary to popular belief, Artificial Intelligence (AI) will have a "positive impact" on workplaces as it would create new job roles besides enhancing employee engagement and decision-making, a report said Thursday.
Bharat Bandh: Security heightened in MP
NCLT issues notices to Malvinder, Godhvani; directs status quo over RHC Holdings
The National Company Law Tribunal (NCLT) Thursday issued notices to Malvinder Mohan Singh, ex-Religare chief Sunil Godhwani and others, and also directed to maintain status quo over the shareholdings and composition of RHC Holdings board after the plea of younger brother Shivinder Singh.
Asiad gold-winning shot-putter Toor's father cremated
Asian Games gold-medallist Tejinderpal Singh Toor's father, who died of cancer before he could meet the triumphant shot-putter, was cremated here Thursday.
T'gana Cabinet recommends dissolution of state assembly
The Telangana Cabinet recommended the dissolution of the state assembly Thursday, official sources said.
Kovind, Bulgarian Prez unveil Mahatma Gandhi's statue
A statue of Mahatma Gandhi was unveiled on Thursday by President Ram Nath Kovind and his Bugarian counterpart Rumen Radev at the famous South Park, located at the centre of Sofia.
Washington museum announces big donation of Duchamp works
The Hirshhorn Museum in Washington has received 50 works by Franco-American artist Marcel Duchamp and contemporaries in the biggest donation since its founding.
Hundreds flee, fearing assault on Syria's Idlib: monitor
Hundreds of civilians have fled villages near the front line in Syria's Idlib province fearing an imminent regime assault on the country's last major rebel bastion, a monitor said Thursday.
We need to rectify our mistakes before Maldives game: Constantine
Indian football team's chief coach Stephen Constantine Thursday said that although he was happy with the 2-0 win over Sri Lanka in the SAFF Cup opener, he expects a better performance in the coming matches.
Eating whole grains may help prevent diabetes: Study
Consuming whole grain foods like rye, oats or wheat can help prevent type 2 diabetes, according to a study which also found that drinking coffee and avoiding red meat can reduce the risk of the disorder.
Kovind meets Bulgarian PM, invites companies to participate in 'Make in India' prog
President Ram Nath Kovind on Thursday met Bulgarian Prime Minister Boyko Borissov here and invited companies from the Balkan nation to manufacture in India as part of the ambitious 'Make in India' programme.
Saudi Arabia: Yemeni rebel missile shot down, 26 wounded
Saudi Arabia says 26 civilians were wounded by shrapnel when it shot down a missile fired across the border by Yemen's Houthi rebels.
Attacks kill 19 Afghan forces after twin bombings in Kabul
Insurgents killed 19 security personnel in separate assaults in Afghanistan, officials said Thursday, a day after twin bombings in Kabul killed 21 people, including two local TV reporters.
China's foreign minister to visit Pakistan tomorrow to hold talks with new govt
China's Foreign Minister Wang Yi will visit Pakistan Friday to hold talks with the country's new leadership to consolidate cooperation and elevate the all-weather bilateral strategic partnership.
Djokovic to face Nishikori in 11th US Open semi-final
Two-time champion Novak Djokovic ended John Millman's fairytale US Open run on Wednesday, beating the 55th-ranked Australian in straight sets to book a semi-final clash with Kei Nishikori.
Netflix green lights third season of 'Designated Survivor
Netflix has renewed Kiefer Sutherland-starrer "Designated Survivor" for a third season.
NASA's planet-hunting Kepler probe restarts science operations
NASA's planet hunting Kepler space telescope -- which has led to the discovery of over 2,300 planets so far -- was roused from sleep mode and has restarted its scientific operations.
New algorithm may help improve taste of beer
Scientists have created a machine learning algorithm that may help brewers to have greater control over the flavour of beer, and also yield personalised treatments for metabolic disorders in future.
WarnerMedia adopts inclusion rider, unveils new policy
WarnerMedia has announced a new company-wide policy to promote diversity and inclusivity in all of its productions that hail from Warner Bros, HBO, and Turner.
Putin 'ultimately' to blame for spy poisoning: UK
Britain said Thursday that Russian President Vladimir Putin had "ultimate" responsibility for a nerve agent attack on a former Russian double agent in England, as it prepared to brief the UN Security Council.
Routine testing for prostate cancer may be harmful
Routine testing for prostate cancer is not recommended for most men as it has uncertain benefits and clear harms, according to an international panel of experts.
China says it will retaliate if US tariffs go ahead
China's government says it is ready to retaliate if US President Donald Trump goes ahead with a tariff hike on Chinese goods and expressed confidence it can maintain "steady and healthy" economic growth.
Trump poised to tax an additional USD 200B in Chinese imports
The Trump administration may be about to slap tariffs of up to 25 per cent on an additional USD 200 billion in Chinese goods, escalating a confrontation between the world's two biggest economies and likely squeezing US companies that import everything from handbags to bicycle tires.
Chinese man arrested after calling Kenya's president a 'monkey
Kenya has arrested a Chinese businessman after a video of him making a string of racist remarks was widely shared on social media, the government said Thursday.
Ethiopia reopens embassy in Eritrea as relations warm
Ethiopia reopened its embassy in the Eritrean capital on Thursday, state media reported, the latest step in restoring ties after the two nations ended decades of conflict.
French police clear 500 migrants from Dunkirk camp
Police moved in to clear 500 migrants from a camp near the French port city of Dunkirk, along the English Channel where many gather hoping to stow away on trucks or ferries heading to Britain, officials said Thursday.
Stranded Indian ship Malaviya Twenty put up for sale
Indian ship 'Malaviya Twenty', which has been stranded at a port in Great Yarmouth in the East Anglia region of England since July 2016 after its Indian owners declared bankruptcy, is on the verge of being sold by next week.
Indian-origin man gets 3-yr jail term for making prank calls to Singapore Police
An Indian-origin Singaporean serial prank caller was sentenced to three years of imprisonment on Thursday for repeatedly making nuisance calls to the police, despite being jailed for the same offence previously.
South Sudan judge finds 10 troops guilty of violent rampage
A military judge in South Sudan on Thursday found 10 soldiers guilty of rape and murder in a violent rampage two years ago.
Japan hails Osaka, Nishikori's historic run to US Open semis
Japanese media and fans on Thursday rained down the superlatives on tennis stars Kei Nishikori and Naomi Osaka who made history by both reaching the US Open semi-finals.
Trump's actions 'detrimental' to America's health, says anonymous official in administration
Donald Trump's "erratic" and "amoral" behaviour is "detrimental" to America's health, an anonymous official has warned in an explosive op-ed in a leading US daily and said many top officials are working diligently to frustrate parts of the President's agenda and his "worst inclinations".
Djokovic ends Millman's magic to enter US Open semis
Saurabh Chaudhary clinches gold in ISSF World C'ship
Skydance to develop 'Miraculous:Tales of Ladybug and Cat Noir' film, TV projects
Aishwarya to be bestowed with Meryl Streep Award for Excellence
Dakota Johnson, Chris Martin make it permanent with a tattoo?
Anushka, Varun yarn bomb Mumbai!
Citigroup to overhaul its investment bank - Business Insider
Gold gains on short-covering, softer dollar
Oil rises on weaker dollar, but demand doubts remain
Jet Airways pilots warn of 'non-cooperation' over salary default - PTI in Times of India
Trump trade threats bite into German factory orders
China food startup Miss Fresh raises $450 mln in new funding round
Australia's big banks raise mortgage rates, risk political backlash
India, U.S. seal military communications pact
Analysis: JD.com investors spooked by 'key man risk' after CEO accused of rape
World shares fall for fifth straight day, hit by trade war jitters
Global Markets: World shares fall for fifth straight day, hit by trade war jitters
Indian rupee breaches 72 to the dollar for first time, markets weigh mild RBI reaction
Australian regulator files suit against NAB over fees charged to retirees
Don't look to ECB for bigger stability role: Mersch
China warns of retaliation if U.S. slaps new tariffs
ArcelorMittal reaches deal with unions over Italy's Ilva - sources
Analysis: As next round of U.S. tariffs on China looms, both sides dig in
Airtel Payments Bank enables card-less cash withdrawal at ATMs
National Aluminium Company Ltd leads losers in 'A' group
Vivanta Industries Ltd leads losers in 'B' group
Volumes spurt at Housing & Urban Development Corporation Ltd counter
Sagar Cements gains after good cement sales
Market logs modest gains
Sensex, Nifty hit intraday high
UNAIDS welcomes SC decision on IPC 377, urges other countries to follow India
UN in India hails SC order on Section 377
PM Modi, Trump set future directions for India-US relationship
UN in India welcomes decriminalisation of gay sex by SC
Trump's trade war not going as planned; hurting domestic, global economies
Donald Trump
What are the reasons for the five-year high trade deficit in July
Sun Pharma, Glenmark Pharma, Hikal hit 52-week highs; Aurobindo surges 8%
drug, pharma, medicine
Wipro gains for seventh straight trading day; stock up 16% in one month
Jet Airways
JPMorgan, BlackRock warn contagion hitting emerging markets
Markets, Buy, Sell, Stocks, Shares
MARKET WRAP: Sensex rises 224 pts, Nifty ends at 11,537; RIL, pharma cos up
markets, sebi
Pakistan to be the world's fifth largest nuclear weapons state by 2025?
Indians among world's laziest, but Americans more sedentary: WHO report
Financial crisis explained: How greedy US banks crippled world economy
Facebook, Twitter to defend companies against charges of bias in elections
PE firm Mandala looks at five exits prior to next round of fund raising
Telangana Cabinet recommends dissolution of the state assembly
Bundled or standalone: Which vehicle insurance policy should you buy?
Market regulator Sebi mulls diluting controversial FPI KYC norms: Sources
Huawei's Sub-Brand Honor Announces Surprise Slider Phone With Almost No Bezels Ahead Of IFA
Why Are Singapore's Property Players Suddenly Embracing Traditional, Iconic Shophouses?
Forbes Asia Investment Briefing: Parry Global Group Says China Won't Expand Money Supply
Why Leery Taiwan Consumers Will Make An Exception For These Chinese Smartphones
Berkshire Hathaway's Deal With Paytm Is A Game Changer For India's E-Commerce
Huawei's Kirin 980 Is The World's First 7-Nanometer Mobile Chipset With 5G Support
Philippines' Richest 2018: Real Estate Tycoons Post Gains Amid Declines For Most Others
Cover Story - blog - Position 0 - Philippines' Richest 2018: Real Estate Tycoons Post Gains Amid Declines For Most Others
The world has not learned the lessons of the financial crisis
The free-speech heroes whose souls have not been crushed
The revival of French electro-pop
>Banks are safer, but too much of what has gone wrong since 2008 could happen again
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Has finance been fixed?
WHEN historians gaze back at the early 21st century, they will identify two seismic shocks. The first was the terrorist attacks of September 11th 2001, the second the global financial crisis, which boiled over ten years ago this month with the collapse of Lehman Brothers.
View the graphic here From the 15-year-old captain of Afghanistanâ€™s female high-school robotics team to a former South Sudanese child soldier turned hip-hop artist, the desire for free speech is found in every country but exists in precious few.
Banks are safer, but too much of what has gone wrong since 2008 could happen again
A series of short videos from the Oslo Freedom Forum
Full text of Raksha Mantriâ€™s press statement after India-US 2+2 dialogue
Indian Tsunami Early Warning Centre (ITEWC)
Press Conference by Vice Chairman, NITI Aayog on "MOVE: Global Mobility Summit-2018"
Technical Session on Swachhta Hi Seva and Mahatma Gandhi International Sanitation Conclave
The Iranian Minister for Roads and Urban Development, Mr. Abbas Akhoundi meeting the Union Minister for Road Transport & Highways, Shipping and Water Resources, River Development & Ganga Rejuvenation, Shri Nitin Gadkari, in New Delhi on September 06, 2018.
The Head of All World Gayatri Pariwar, Dr. Pranav Pandya presenting a demand draft of Rs.1.25 crore to the Prime Minister, Shri Narendra Modi, towards the Prime Ministerâ€™s National Relief Fund, in New Delhi on September 06, 2018.
The Head of All World Gayatri Pariwar, Dr. Pranav Pandya calls on the Prime Minister, Shri Narendra Modi, in New Delhi on September 06, 2018.
Rupee breaches 72/$ mark for first time
Assured supply of BS-VI fuel by 2020: Minister
Automation Anywhere expands to 9 new global cities
Congress attacks Modi government over tumbling rupee
Uber's new safety feature turns smartphones into crash detectors
Royal Bank of Scotland hails SC ruling on gay sex
Equity indices cede major gains to trade marginally up
Gutkha scam: CBI arrests four
Week before Ganeshotsav, petrol flares up to Rs 88.77 in Maharashtra
Tripura bank felicitates 107-yr-old customer
India needs stringent steps to maximise efficiency of coal plants: Report
Global 3D experience major Dassault Systemes is ready with Cloud-based solutions that will both physically and legally comply with the Indian government's data localisation policy, its Vice Chaiman and CEO Bernard Charles stressed here on Thursday.
If you are aspiring to be a machine learning engineer or an application development analyst, you could be in high demand as these technology jobs are the fastest growing and is among the top 10 for professionals in India, LinkedIn global professional network site said on Thursday.
Hinduja Global Solutions (HGS), a global business process management major, on Thursday announced the opening of its first customer experience centre in the US state of Florida which is expected to generate nearly 500 jobs.
Fuel prices, after a day's halt, resumed its northward march on Thursday with petrol being sold at Rs 79.51 per litre and diesel at Rs 71.55 per litre in the national capital breaking all previous record highs.
To help researchers and academia build Indian language speech recognition for all applications where speech is used, Microsoft India on Thursday launched its Indian language "Speech Corpus", offering speech training and test data for Telugu, Tamil and Gujarati.
Following its Series A funding of $250 million in July, robotic process automation company Automation Anywhere has announced it has so far this year established nine new locations based in Amsterdam, Frankfurt, Miami, Paris, Seoul, Tokyo, Toronto, Warsaw and Washington, DC.
No one in Agra shall go hungry now, say a group of young enterprising businessmen who have opened a 'Maa ki Rasoi' (Mother's Kitchen) where decent lunch in hygienic conditions is available for just Rs 5.
The Congress on Thursday attacked the Modi government after the rupee breached the 72 mark against the US dollar, saying government polices had derailed the economy.
Ride-hailing major Uber has introduced several new features including one that can give passengers the tools that are needed to get help quickly in the event of a possible crash.
The Royal Bank of Scotland (RBS) on Thursday hailed the Supreme Court verdict on decriminalising Section 377 of the Indian Penal Code (IPC) and upholding the rights of the LGBT community.
Volatility prevailed in the Indian equity market on Thursday as the key indices pared major gains made earlier in the day to trade marginally higher during the afternoon session.
The CBI on Thursday said it has arrested four persons including the promoters and directors of Jayem Industries and officers of the Food Safety and Drug Administration and Excise Department in connection with the multi-crore gutkha scam in Tamil Nadu.
Equity indices cede major gains to trade marginally up (Lead)
Fuel prices, after a days halt, resumed its northward march on Thursday with petrol being sold at Rs 79.51 per litre and diesel at Rs 71.55 per litre in the national capital breaking all previous record highs.
Microsoft releases Indian language Speech Corpus for researchers
To help researchers and academia build Indian language speech recognition for all applications where speech is used, Microsoft India on Thursday launched its Indian language Speech Corpus, offering speech training and test data for Telugu, Tamil and Gujarati.
Now an Amma Canteen in Agra
No one in Agra shall go hungry now, say a group of young enterprising businessmen who have opened a Maa ki Rasoi (Mothers Kitchen) where decent lunch in hygienic conditions is available for just Rs 5.
Ubers new safety feature turns smartphones into crash detectors
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Malaysians move it for health at Move8 for Malaysia Day Walkathon
Asia's Leading Robo-Advisor Magnum Research Closed A++ Round Financing
BOE expands Indonesian market with IoT solutions
Chinese mobile payment solution provider Inspiry launches self-service QR-code payment solution Inspiry Smart Box in Japan
Chile's football team caught off guard by powerful earthquake in Japan
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China's Foreign Minister to visit Pakistan
7 killed, 200 injured as strong earthquake jolts Japan (Lead)
Mattis to remain Pentagon chief: Trump
Genes have over 60% influence on academic success: Study
Planet hunting Kepler telescope wakes up again: NASA
Malaysian PM condemns caning of two lesbians
Pakistan observed Defence Day on Thursday by paying tribute to martyrs on the 53rd anniversary of the 1965 war with India.
Not all migrants are wraiths who fled war and famine in their homelands, Italy's hardline Interior Minister Matteo Salvini said, after some 50 rescued migrants vanished from a reception centre in Rocca Di Papa outside Rome.
The death toll in a double suicide bombing, claimed by the Islamic State terror group, at a wrestling club in the Afghan capital has risen to 25, a police spokesman said on Thursday.
Chile's football team was caught off guard early on Thursday by a powerful earthquake that struck Japan's Hokkaido island, where they are expected to play a friendly match against the hosts.
Consuming wholegrains such as a slice of rye bread or a bowl of oat porridge daily can prevent the development of Type-2 diabetes, finds a study.
China's top diplomat and Foreign Minister Wang Yi will pay a three-day official visit to Pakistan from Friday.
Seven people were killed and 200 injured after a powerful earthquake measuring 6.7 on the Richter scale rocked Japan's Hokkaido prefecture on Thursday.
SC decriminalises homosexuality, victory for gay rights (Second Lead)
Telangana Assembly dissolved (Lead)
Delhi litterateurs bid adieu to Nicholas Idier
Homosexuality verdict will help eliminate stigma: UN
Government has no space in bedrooms: Tharoor
Telangana Assembly dissolved
A Bengali television actress committed suicide by hanging herself in a hotel room in West Bengal's Jalpaiguri district, police said on Thursday.
The All World Gayatri Pariwar, a spiritual group based here, on Thursday handed a Rs 1.25 crore cheque to the Prime Minister's Relief Fund to be used in flood relief in Kerala.
Telangana caretaker Chief Minister and TRS President K. Chandrasekhar Rao on Thursday described Congress President Rahul Gandhi as the "biggest buffoon" in the country.
Their monumental fight against social stigma and oppression ended with a triumph on Thursday with the Supreme Court decriminalising homosexuality. And now a jubilant LGBTIQ community says the verdict has made them feel they are living in a "functional democracy".
The Supreme Court on Thursday took strong objection to the Maharashtra Police casting aspersions on its order placing five human rights activists under house arrest and told the Maharashtra government to discipline the police officers.
Hours after dissolution of the Telangana state Assembly on Thursday, ruling TRS announced candidates for 105 constituencies.
India and the US on Thursday signed a long-negotiated and landmark defence agreement, COMCASA, which will enable Indian armed forces buy more military equipment from Washington and also access critical and encrypted defence technologies.
The India Meteorological Department (IMD) on Thursday predicted extremely heavy rainfall over Odisha in the next 24 hours.
Top LGBTQ activists in Mumbai on Thursday welcomed the Supreme Court verdict decriminalising gay sex amidst caution that "the real work will begin now".
As India's apex court decriminalised homosexuality in a landmark judgment here on Thursday, ace fashion designer Suneet Varma said it is a day that has restored his faith in the Indian judicial system, while Wendell Rodricks had a sigh of relief that "I am no longer a criminal", and jewellery designer Akaash K Aggrawal felt it's a sunshine moment after "long dark nights".
Expressing joy over the Supreme Court's verdict decriminalising homosexuality, West Bengal's Manabi Bandopadhyay, India's first transgender college principal, on Thursday said the verdict on gay sex is like getting a marriage offer after retirement.
Nearly nine months before its term was to end, the Telangana Assembly was on Thursday dissolved by the Governor on a recommendation by the state cabinet.
Several prominent faces from Delhis literary circles came together at an evening of readings from French author and diplomat Nicolas Idiers novel "Nouvelle Jeunesse".
Welcoming the Supreme Court's verdict on Thursday decriminalising homosexuality, the UN said the verdict will help eliminate stigma and discrimination against the LGBTIQ community.
Telangana Governor E.S.L. Narasimhan on Thursday dissolved the state Assembly on a recommendation by the state cabinet.
Congress Lok Sabha member Shashi Tharoor on Thursday described the Supreme Court decision decriminalising homosexuality as a "dawn of freedom" as the "government has no space in bedrooms".
Superstar Salman Khan says that he doesn't do "meaningful films" but his movies carry "huge messages".
The Telangana Assembly has been dissolved, Governor E.S.L. Narasimhan announced on Thursday.
6.7-magnitude quake jolts Japan
Lalu moved to hospital to escape dog barking
Ganga floods Varanasi ghats, 20 dead in UP rains
ISHRAE-Danfoss to focus on energy efficient building in hospitality, healthcare
Central scheme for integrated development of wildlife habitats to continue beyond 12th plan
Former Bihar Chief Minister Lalu Prasad has been shifted to the paying ward of the Rajendra Institute of Medical Science (RIMS) as he could not reportedly sleep due to incessant barking of dogs near the super speciality ward.
A swelling Ganga river has inundated the temples on Varanasi ghats and forced cremations at the Manikarnika to be shifted to upper platforms, a Uttar Pradesh official said on Thursday.
An earthquake measuring 6.7 on the Richter scale, followed by a number of aftershocks, rocked Japan's Hokkaido prefecture on Thursday, leaving multiple houses buried by landslides.
The Indian Society of Heating, Refrigerating and Air Conditioning Engineers (ISHRAE) and energy efficient solutions major Danfoss India will focus on energy efficient buildings in healthcare and hospitality sectors this year, said a statement.
The Cabinet Committee on Economic Affairs on Wednesday approved continuation of the Centrally sponsored umbrella scheme of Integrated Development of Wildlife Habitats (CSS-IDWH) beyond the 12th Plan period from 2017-18 to 2019-20.
Richarlison gets Brazil No.9 shirt
Italian tennis player Schiavone retires
Corinthians sack coach Osmar Loss
3-match suspension for PSG forward Mbappe for shoving opponent
Marcelo aiming to end his career at Real Madrid
Tyson to visit India for MMA league
India will have only pride to play for after going down in the fourth Test and losing the five-match series 1-3 against England who will see former captain Alastair Cook don the white flannels for the last time, in the fifth and final Test at The Oval here on Friday.
A couple of weeks after his triumph at the Asian Games, Indias Saurabh Chaudhary hunted down yet another gold medal as he won the men's junior 10m air pistol title, even as teammate Arjun Singh Cheema took a bronze medal at the 52nd ISSF World Championships here on Thursday.
Reigning Brazilian football champions Corinthians sacked coach Osmar Loss after the team's 1-2 defeat away against Ceara on Wednesday.
Paris Saint-Germain forward Kylian Mbappe was handed a three-match suspension from the French Professional Football League (LFP) for shoving opponent in last weekend's Ligue 1 match against promoted side Nimes.
Real Madrid's veteran left back Marcelo insists that he wishes to end his career playing for the record European football champions, quashing the recent rumours of him moving to Juventus.
Francesca Schiavone, who became the first Italian woman to win a Grand Slam singles title when she captured the 2010 French Open, has announced her retirement from professional tennis.
Everton forward Richarlison has been handed Brazil's storied No. 9 shirt for friendlies against the US and El Salvador.
Iveco delivers 100th Trakker truck to Germany
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Telangana Records 22% Growth Rate in First 5 Months
Uber’s new safety feature turns smartphones into crash detectors
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PM asks BJP-ruled States to speed up pace on Ayushman Bharat, expresses concern over 7 Opposition-ruled states not signing up
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See rupee between 69 and 72 in short term: Aditya Puri
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This is not sex, this is freedom as government has no space in bedrooms as this is a private act between consenting adults. This is a dawn of freedom," said Tharoor.
The nearly unprecedented attack on the President drew a sharp reaction from Trump who termed the op-ed as "treason" and "gutless".
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Trade credit is now tough to secure after jeweler Modi used fake letters to obtain loans in banks abroad.
GST has improved India's economic efficiency, but has also forced hundreds of thousands out of jobs.
The airline is facing acute cash crunch after posting two back-to back quarterly losses this year.
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A five judge bench unanimously diluted sec 377 to exclude all kinds of adult consensual sexual behaviour.
British Airways operates two direct flights a day from Heathrow to Mumbai, a double daily service to Delhi and a daily flight to Chennai.
The Singhs have been granted permission to inspect the books of RHC along with their company secretaries and chartered accountants.
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The transaction for the commercial property, located in Chennaiâ€™s Old Mahabalipuram Road, is expected to be worth anything between â‚¹2,200 crore and â‚¹2,400 crore.
Parbhani District Petroleum Dealers Association President Sanjay Deshmukh said that even diesel prices are on a sharp upswing and stood at Rs 76.59 on Thursday, hitting the commoners hard.
The airline insists the move is not to cut costs but to stop wastage as the allowance is costing it more than serving meals to crew.
â€œSustained intervention from RBI which depletes its reserves, may not be in our best interest.â€
FM Jaitley has said the RBI was doing whatever was necessary to deal with the situation.
â€œThe NPA recognition in India today is probably the best in the world.â€
Among the 50 stocks in the Nifty index, 35 were trading in the green, while 15 were in the red.
The Nifty Realty index was trading 0.40 per cent up at 266 around 02:20 pm on Thursday.
Around 2:10 pm, the BSE Midcap index was trading 0.13 per cent up at 16,288, while the BSE Smallcap index was trading 0.12 per cent up at 16,748.
The pan-regional STOXX 600 benchmark hit its lowest level since early April in early trading.
Benchmark BSE Sensex was up 104 points at 38,122, while the NSE Nifty50 index was up 22 points at 11,499.
Among the 50 stocks in the Nifty index, 29 were trading in the green, while 21 were in the red.
Foreigners were net sellers of 267,354 million won worth of shares.
CyberAgent rose marginally by 0.2 per cent, after Nikkei Inc. said it will add its stock to the index.
The rupee on Thursday breached a psychologically important mark of 72.00 for the first time.
A report that the Ministry of Defence may reduce margins (at PBT level) for defence orders has hit BEL hard.
At the close, the Shanghai Composite index ended 12.74 points, or 0.5 per cent, lower at 2,704.34.
The BSE Telecom index was trading 0.62 per cent down at 1,128 around 01:30 pm.
NIIF has two operational funds - the NIIF Master Fund that invests directly into companies and a fund of funds that invests in funds that are managed by third parties.
US President Donald Trump this year ordered the reimposition of economic curbs on Iran after withdrawing his country from a 2015 nuclear deal between Tehran and six world powers.
The visit by Wang, who is also designated as the State Councillor which makes him the top diplomat of China, comes two days after that of US Secretary of State Mike Pompeo.
Trump initiated the trade war to punish Beijing for what it says are China's predatory tactics to try to supplant U.S. technological supremacy.
Washington is demanding Beijing improve market access and intellectual property protections for U.S. companies, cut industrial subsidies and slash a $375 billion trade gap.
Enforcement Directorate said multiple teams of the central probe agency raided locations in Jamtara district and adjoining areas as part of the evidence gathering exercise in this probe.
A bench of Justices Ranjan Gogoi, Naveen Sinha and K M Joseph disposed of the Centre's petition regarding a proposal for the release of the convicts, filed by the Tamil Nadu government.
While former Attorney General Soli Sorabjee termed it as a "celebratory" judgment, senior advocate Anand Grover said the verdict will change the political course and human values.
The MLA, who apologised for his controversial remarks Thursday, had made the comments at a 'dahi handi' event in his suburban Ghatkopar assembly constituency Monday night.
The issue of Section 377 was first raised by NGO Naaz Foundation, which had approached the Delhi High Court in 2001.
The COMCASA will facilitate India to obtain critical defence technologies from the US, and access critical communication network to ensure interoperability among the US and the Indian armed forces.
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The Indian rupee slipped below the 72 mark for the first time ever on Thursday even as US dollar eased a bit in global markets. The local currency has fallen more than 12 per cent on a year-to date basis, making it one of the worst-performing currencies among emerging markets.Earlier in the day, the rupee resumed higher at 71.65 against yesterday's closing of 71.75 the interbank foreign exchange market. A Reuters report said that the Reserve Bank of India was not spotted intervening after the rupee pierced the 72 level. It had been suspected of selling dollars earlier in the day.The rupee was trading 29 paise down at 72.05 at around 12.45 pm (IST).Soumya Kanti Ghosh, Group Chief Economic Adviser at SBI said the rupee depreciation of 13 per cent in 2018 and around 7 per cent since June 2018 when the RBI started hiking rates is largely in consonance will dollar strengthening against all currencies.â€œThe rupee could not have been immune to such and hence the current depreciation was long overdue and trends in NDF market (rupee at 75 and implied 1 year yield at 7.7 per cent) suggest the pain might not be just over yet.â€ he added.Finance Minister Arun Jaitley on Wednesday attributed the fall in rupee to global factors and said there was no need for panic or knee-jerk reactions. He further said the RBI is doing whatever is necessary to deal with the situation.Meanwhile, a Reuters poll on Thursday showed that the bearish bets that rupee will weaken further rose to their highest level in five years over the past two weeks.The rupee had its worst month in three years in August as crude rallied on speculation sanctions on Iran will shrink global supplies. The crude import bill for the worldâ€™s fastest-growing oil user surged 76 per cent in July from a year earlier to $10.2 billion. That pushed up the trade deficit to $18 billion, the most in five years, a Bloomberg report said.India imports nearly 83 per cent of its crude oil requirement.
make money with them.What do you think the markets will continue to do? Will they remain polarised and in the near term, high PE, high growth stocks will continue to outperform?My feeling is that we will see defensive sectors, defensive stocks getting higher allocation of capital in view of the volatility ahead but the moment we see growth returning, we will see uncertainty receding either because oil prices have come down or because US Fed is saying that look we have raised enough interest rates and now we are on hold or if central bankers around the world start re-injecting liquidity. As uncertainty recedes, the markets will focus on the valuation gap between high PE stocks and low PE stocks. There will be rotation but that rotation will be driven by events or expectation of events.How will you play the digital and the disruptive theme? Do you think it is time to buy a bank, do you see a decent digital revolution in some of the new banks that they are claiming and indicating now?If we believe that history will repeat itself then there is a clear success story of a particular NBFC from western India. They adopted technology like no other company adopted and for the last almost a decade from a really low point in their career, they have created enormous wealth for the shareholders. While there are many contributing factors for that spectacular success, to a great extent, it can be attributed to their ability to ride technology in blending their business, in creating a niche for themselves which others fail to exploit. That example should serve as a lamppost, as a guidance and companies across the sectors which blend technology and digital revolution to disrupt existing business model to dis-intermediate intermediaries, to provide products and services which enhance value to the customers, will be the winners in this game. We have to find out companies which are riding the wave of disruption rather than which is getting under the wave of disruption.Do you expect corporate banks to do well? Could there be a bottom in place around the corner?Many of the corporate banks have already moved up by 25-30% over the last couple of fortnights and this is on expectations that the NPA cycle is behind us and the good days are coming for corporate banks. This is a case by case rather than sectoral call. There are some corporate banks where hopefully NPA cycle is coming to an end over the next one or two quarters. We believe there are a few corporate banks where the NPA cycle is not coming to an end. They will have to provide further NPAs in the power sector. They will have to provide further NPAs in SME sector and I want to particularly highlight the SME sector where credit flow is getting restricted. Eleven out of 21 PSU banks are under PCA. They cannot lend money unless and until your rating is highest. This along with six other PSU banks which are not under PCA but which have probably adopted voluntary PCA, contribute to a substantial size of banking balance sheet in the country. Their credit flow is restricted to SME segment and that is creating a kind of choke-up for the SME sector and could result in higher NPAs going forward. You have to be careful with corporate lending banks. It a bottom-up stock selection rather than top-down sector call, especially after last 25-30% run.You mentioned case by case, but in the digital space, the way to evaluate the opportunity is really going to be business model per business model. Disruption will actually slow down growth for most obsolete players. How are you looking at opportunity within the digital segment?This is a case where if you are looking for market outperformance by and large over next four-five years and have companies that are disrupting existing business model, they are likely to be the winners. Companies which are allowing their business to be disrupted are likely to be the losers. Digital disruption, technological revolution, they will have to be measured on a case by case basis. The past laurels will not be sufficient. There might be a start-up in a remote part of India which is already creating a model which will disrupt the giants. This is a fight between David and Goliath, obviously size alone cannot guarantee you success.India has always been a big consumption story. Of late, one is getting the sense that global brokerages are downgrading stocks like a Unilever, Britannia etc. Do you think some profit booking or shifting is advised in high PE consumer durable names as they have run up so much already?From a trading point of view, it might be so, but from a long term investment point of view, we still remain bullish on consumption sector. Maybe, it is worth rotating money from high PE highly valued consumption sector stocks to reasonably priced consumption stocks. Some amount of sector rotation might be worthwhile. We might see some shift coming from higher PE to lower PE stocks. We might see some shift coming from urban focussed consumer stocks to rural focussed consumer stocks. That sector rotation will be seen in consumer related stocks.
In an exclusive survey conducted by IT learning platform TechGig, about 64% Indian IT professionals voted for NR Narayana Murthy as the game changer for desi...
According to the study, 90% leaders agreed that cognitive diversity is important for management and 93% believe AI will enhance decision making.
Raytheon offers APG-79v4 for US Marine Corpsâ€™ Hornet radar upgrade"
Update: US Army using modelling, simulation tools to reduce costs in JMR TD"
Raytheon offers APG-79v4 for US Marine Corpsâ€™ Hornet radar upgrade
Update: US Army using modelling, simulation tools to reduce costs in JMR TD
Boeing to integrate Legion Pod onto F-15C Eagle
Final E-2D for Japan on contract
Land Forces 2018: Australiaâ€™s DST expands defence research partnerships
Land Forces 2018: Thales, FN Herstal team up for Australian small arms opportunities
Violent risks intelligence bulletin â€" 06 September 2018
Land Forces 2018: Australian SHORAD receives Mode 5 IFF certification
US Air Force expects new S&T strategy in fourth quarter 2018
Land Forces 2018: Australian DoD receives prototype radar for possible use with NASAMS
OTT Technologies expands M36 MRAP vehicle family
Vigy Engage selected for Project SEA 1180 OPVs
Pakistan could have up to 250 nuclear warheads by 2025, says report
German MoD calls for new Bundeswehr capability profile
Next round of PESCO projects in final stage of evaluation â€" and partner lobbying
Seoul to withdraw personnel from some DMZ guard posts
New Costa Rican government's anti-trafficking security operations likely to reduce operational constraints including cargo robberies and homicides
Lockheed Martin, Tata partner for Indian F-16 wing production
Raytheonâ€™s APG-79v4 radar offered for the USMC's legacy Hornet radar upgrade programme. Source: Raytheon
The flow solution of the UH-60A helicopter high-speed forward flight (advance ration = 0.368, blade loading, Cw/sigma = 0.0783) performed using Helios. Thanks to advances in computing power for lower costs, the army has been using Helios, the serviceâ€™s next-generation high-fidelity CFD and CSD rotorcraft simulation code, in JMR TD. Source: US Army
C4ISR: AIR
Boeing has been awarded USD208.3 million to equip the F-15C Eagle fighter with the modular infrared search-and-track (IRST) Legion Pod.
The contract, announced by the Department of Defense (DoD) on 5 September, provides for engineering, manufacturing, and development (EMD), production, integration,
Japan has signed for the last of four Northrop Grumman E-2D Advanced Hawkeye airborne early warning and control (AEW&C) aircraft it is expected to procure, the US Department of Defense (DoD) disclosed on 5 September.
The original equipment manufacturer was awarded USD164.3 million to deliver
The Defence Science and Technology (DST) Group – the research and development (R&D) arm of the Australian Department of Defence (DoD) – has signed collaborative agreements with US corporation L3 Technologies and Australian firm Daronmont Technologies.
DST said on 5 September that
Thales Australia and Belgian company FN Herstal have signed an agreement to co-operate on pursuing small arms opportunities, Thales Australia confirmed to Jane’s on 6 September.
Under the memorandum of understanding (MOU), which was signed at the Land Forces 2018 defence exhibition in
COUNTRY RISK
Americas
Brazil - 05 September 2018: In Bauru, São Paulo, a 20-strong armed gang in eight armoured cars blocked streets and set a car on fire before robbing three bank branches and escaping with an unspecified amount of cash; the thieves used a drone to monitor police movements and fired a
Key Points
Raytheon offered its APG-79v4 AESA radar for the USMCâ€™s Hornet radar upgrade
The company was expected to offer its APG-84 radar, but chose the APG-79v4 due to a commonality requirement
Raytheon offered its APG-79v4 active electronically scanned array (AESA) radar, instead of its
C4ISR: JOINT & COMMON EQUIPMENT
MILITARY CAPABILITIES
CBRN ASSESSMENT
Raytheon offers APG79v4 for US Marine Corpsâ€™ Hornet radar upgrade
Update US Army using modelling simulation tools to reduce costs in JMR TD
Boeing has been awarded USD2083 million to equip the F15C Eagle fighter with the modular infrared searchandtrack IRST Legion Pod
The contract announced by the Department of Defense DoD on 5 September provides for engineering manufacturing and development EMD production integration
Final E2D for Japan on contract
Japan has signed for the last of four Northrop Grumman E2D Advanced Hawkeye airborne early warning and control AEWampC aircraft it is expected to procure the US Department of Defense DoD disclosed on 5 September
The original equipment manufacturer was awarded USD1643 million to deliver
Land Forces 2018 Australiaâ€™s DST expands defence research partnerships
The Defence Science and Technology DST Group 8211 the research and development RampD arm of the Australian Department of Defence DoD 8211 has signed collaborative agreements with US corporation L3 Technologies and Australian firm Daronmont Technologies
Land Forces 2018 Thales FN Herstal team up for Australian small arms opportunities
Thales Australia and Belgian company FN Herstal have signed an agreement to cooperate on pursuing small arms opportunities Thales Australia confirmed to Jane8217s on 6 September
Under the memorandum of understanding MOU which was signed at the Land Forces 2018 defence exhibition in
Brazil 05 September 2018 In Bauru S227o Paulo a 20strong armed gang in eight armoured cars blocked streets and set a car on fire before robbing three bank branches and escaping with an unspecified amount of cash the thieves used a drone to monitor police movements and fired a
Raytheon offers APG79v4 for US Marine Corpsâ€™ Hornet radar upgrade
Raytheonâ€™s APG79v4 radar offered for the USMCs legacy Hornet radar upgrade programme Source Raytheon
Update US Army using modelling simulation tools to reduce costs in JMR TD
Boeing to integrate Legion Pod onto F15C Eagle
C4ISR AIR
Headlines Archive
Pakistan could have up to 250 nuclear warheads by 2025 says report
New Costa Rican governments antitrafficking security operations likely to reduce operational constraints including cargo robberies and homicides
Lockheed Martin has signed an agreement with Tata Advanced Systems Limited TASL to support the production of wings for the F16 Fighting Falcon fighter aircraft in India
Land Forces 2018 Australian SHORAD receives Mode 5 IFF certification
Raytheon offered its APG79v4 AESA radar for the USMCâ€™s Hornet radar upgrade
The company was expected to offer its APG84 radar but chose the APG79v4 due to a commonality requirement
Raytheon offered its APG79v4 active electronically scanned array AESA radar instead of its
C4ISR JOINT COMMON EQUIPMENT
Land Forces 2018 Australian DoD receives prototype radar for possible use with NASAMS
Likely sovereignty dispute resolution with Eritrea reduces war risks but undermines Djiboutiâ€™s capacity to deleverage infrastructurerelated debts
Lockheed Martin Tata partner for Indian F16 wing production
In a historic verdict, a five-judge Constitutional bench of the Supreme Court Thursday, in four separate but concurring judgments, legalised same-sex relations between consenting adults. It termed the 2013 judgment constitutionally impermissible. A five-judge Constitutional bench, led by Chief Justice of India Dipak Misra, was hearing a clutch of petitions challenging Section 377 of the Indian Penal Code (IPC). Today's verdict comes on five petitions moved by dancer Navtej Jauhar, journalist Sunil Mehra, chef Ritu Dalmia, hoteliers Aman Nath and Keshav Suri and business executive Ayesha Kapur.
Full text: SC verdict on Sec 377
Reactions to Section 377 verdict
Telangana CM KCR dissolves assembly, seeks fresh mandate
Telangana CM K Chandrashekar Rao met Governor ESL Narasimhan and submitted a resolution adopted in the Cabinet meeting held in the afternoon where the decision to dissolve the Assembly and call for early polls was taken.Â Accepting the resolution, the government asked KCR and his council of ministers to continue in office as "caretaker government" till elections.
KCRâ€™s national pitch and his worries at home
'2+2' dialogue: India signs military communications pact with US, gets support on NSG bid
Bharat Bandh Live: Many states hit as upper-caste members protest SC/ST Act amendment
Namaste England trailer: Arjun Kapoor, Parineeti Chopra starrer is quintessential rom-com
Elgaar Parishad case: SC extends house arrest of five activists till Sept 12
Kolkata Majerhat bridge collapse: Death toll touches three, Mamata to chair high-level meeting today
I wish to adopt a child: Bengalâ€™s transgender judge
Celebs hail SC verdict on Section 377: Country gets its oxygen back, says Karan Johar
US Open 2018: Serena Williams not looking past Anastasija Sevastova semi-final showdown
Xiaomi Redmi 6, Redmi 6A, Redmi 6 Pro to get MIUI 10, MIUI 10 global beta v.8.9.6 released
Planet hunting Kepler telescope wakes up again: NASA
‘Bandh’ over SC/ST Act: MP remains largely peaceful amid tight security arrangements
Bengal’s transgender judge
Apple Watch Series 4 to feature a higher resolution display: Report
Saaho star Prabhas’ next film goes on floors
Dilip Kumar diagnosed with pneumonia
Mitron actor Jackky Bhagnani: We aren’t spoiling the sanctity of Chalte Chalte song
Is coconut oil ‘pure poison’? Here’s what the experts have to say
Celebs hail SC verdict on Section 377: Karan Johar calls it 'a historical judgment'
Saaho star Prabhas' next film goes on floors
Halkaa movie review: A simple tale with good intentions
Apple Watch Series 4 to feature a higher resolution display: Report
Haryana: Video of woman abusing traffic personnel goes viral on the internet
In the video, the woman is seen asking the traffic personnel to share the footage with media persons. The woman, who appears to be in…
‘2+2’ dialogue: India-US sign military communications pact, agree to speed up Delhi’s NSG bid
Kolkata Majerhat bridge collapse: Death toll touches three, Mamata to chair high-level meeting today
According to police, the body of the third deceased was recovered at 6.30 am on Thursday morning. Goutam Mondal was a resident of Tetulia area of Murshidabad district.
China’s foreign minister to visit Pakistan tomorrow to hold talks with new government
The visit by Wang, who is also designated as the State Councillor which makes him the top diplomat of China, comes two days after that…
US warns Nicaragua is following path of Syria and Venezuela
How cheese shaped human evolution
Is coconut oil 'pure poison'? Here's what the experts have to say
LGBTQI: Books that teach your child about gender fluidity
ONGC finds oil, gas reserves in MP, WB; to open two new basins in India
NCLT issues notices to Malvinder, Godhvani; directs status quo over RHC Holdings
Jet Airways pilots warn of “non-cooperation” on salary payment default
Rupee hits new low of 72.12, plunges 37 paise against US dollar
Dilip Kumar diagnosed with pneumonia
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Bharat Bandh Live Updates: Bharat Bandh call has 'no meaning' but all have right to express, says Yogi Adityanath
Rahul Gandhi should give account of six-decade rule of his family, has no right to question Modi govt: Amit Shah
Vivo V11 Pro India launch Highlights: V11 Pro price in India is Rs 25,990, sale on Sept 12
Section 377 verdict reactions LIVE updates: As mother of lesbian daughter, extremely happy, says Chitra Palekar
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Xiaomi Redmi 6, Redmi 6A, Redmi 6 Pro to get MIUI 10, MIUI 10 global beta v.8.9.6 released
Kolkata tops 4G availability in India, Punjab circle is close second: OpenSignal report
Xiaomi Poco F1 update improves camera, 3-day bootloader unlock time
Uber ‘on track’ for IPO in 2019, no plans to sell tech unit: CEO
Facebook to invest $1 billion in first Asian data centre in Singapore
Uber rolls out safety features for drivers, passengers
Samsung could debut Galaxy phone with in-display fingerprint sensor in China
LG Q Stylus+ with 4GB RAM launched in India: Price, specifications
Vivo V11 Pro India launch Highlights: V11 Pro price in India is Rs 25,990, sale on Sept 12
A report released last Wednesday by the Office of the U.N. High Commissioner for Human Rights on four months of unrest in the country described government repression that stretched from the streets to courtrooms, where some protesters face terrorism charges.
The North Korean premier said that the two Koreas should keep advancing their joint ties that have neared a state of peace and reconciliation.
Collusion probe off limits in second Manafort trial, US judge rules
A bomber targeted a wrestling match in Kabul, followed by a bigger blast as rescuers rushed there
Meghan Markle becomes People's 'Best Dressed Star' of 2018; ahead of Kim Kardashian, Amal Clooney
Bharat Bandh Live: This protest has 'no meaning' but all have right to express, says Yogi Adityanath
Kareena Kapoor Khan: Women are born fighters
Panjab University: Around 50% cast votes in PUCSC election
September 6, 2018 4:02:59 pm
September 6, 2018 2:24:03 pm
September 6, 2018 2:03:45 pm
Cities
Mike Pence
Burberry fashion show
Houses destroyed by a large mudslide on a hillside
Matt Tootle
Light Cloud
Its less than 1% chance of pregnancy is lower than condoms or the pill
Walney wind farm
Japan landslides
Her family raised thousands of dollars to get Ghazal and her children released.
BBC News
Francesca Brady with her Mercedes A Class
Child playing Honour of Kings
Film Review
Business Live: Pound on the rise
Middle East
The Food Chain
EU banks on last minute Brexit deal
Latin America & Caribbean
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By Katya Adler
Days after a typhoon lashed Japan's west, the country's north is hit by another natural disaster.
Notts County defender Matt Tootle says gambling is "rife in football" as he reveals his own problems with betting.
The Â£1bn Walney wind farm covers an area equal to 20,000 football pitches
At least eight people have been killed following the earthquake on the island of Hokkaido.
Francesca Brady is one of thousands of people affected by a major debit card glitch
China's net giant Tencent is introducing a real-name registration system for one of its popular...
Does 'lodestar' reveal mystery White House author?
Burberry stops burning unsold goods
Deadly quake and landslides hit Japan
Gambling 'rife in football', says Tootle
The world's largest offshore wind farm
Landslides triggered by Japan quake
Life after four years as an IS captive
One-minute World News
Woman charged twice for Â£18,000 Mercedes
State data to limit China child gamers
Prof Vijaya Kumar of IISc & Prof Kamakoti of IIT Madras selected for ACCS-CDAC Foundation Award
Bharat Bandh, a political conspiracy against BJP: Maurya
MSCW issues notice to BJP MLA Ram Kadam for impolite remarks
India endorses Trump's South Asia policy, says Sushma: Indo-US talks target Pak
LGBTQ activists hail SC verdict
Telangana Assembly Dissolved; Guv asks CM, his Ministers to continue as caretaker govt
Telangana Assembly Dissolved; Guv asks CM, his Ministers to continue as caretaker govt
Rajni Sehgal appointed as Jail Superitendent Kot Bhalwal Jail, four others transferred
Source India' at 87th Izmir International trade show in Turkey
Complete bandh observed in Phagwara
President calls for stronger bilateral business ties during his meeting with Bulgarian PM
Indo-US talks 'purposeful', Defence the new driver in overall bilateral ties: Nirmala
Typhoon Jebi forces closure of Kansai airport, near Osaka
ISRO to relay heavily on the private sector for PSLV, GSLV rockets: ISRO Chairman
Decision to release Rajiv Gandhi assassination convicts lies with TN Guv SC
The Supreme Court on Thursday said the release of seven convicts in the Rajiv Gandhi assassination case depends upon the discretion of the Tamil Nadu Governor, and also asked the state government to approach the Governor for its demand.
End to archaic colonial law, homosexuality decriminalised
The LGBT community has a reason to rejoice with the Supreme Court on Thursday decriminalising the homosexuality or legalising the consensual sexual relations between adults of the same gender.
India on Thursday endorsed US President Donald Trump's 'South Asia policy' and said Washington's call to Pakistan to stop "supporting cross border terrorism" is reflective of New Delhi's stand.
Ist Telangana Legislative Assembly dissolved
The term of 4-year-three months and 4-days TRS government headed by K Chandrashekar Rao has ended on Thursday with the dissolution of the newly born Telangana Assembly by Governor ESL Narasimhan without no time.
NDRF calls off search operation;Toll rises to three;Mamata sets up SIT to probe collapse
Supreme Court verdict on Section 377 is momentous: Cong
The Congress on Thursday described as 'momentous' the decision of the Supreme Court striking down the ban on homosexuality.
BJP will never do caste politics : Yogi on SC/ST Act Amendment
Gonda, Sep 6
Defending the party's stand on the SC/ST Act, Uttar Pradesh chief minister Yogi Adityanath has said that BJP never do politics on caste or give patronage to any particular caste and announced that SC/ST Act would not be misused.
Mulayam could get top post of Samajwadi Secular Morcha formed by his brother
Lucknow, Sep 6
Amid reports that Samajwadi patriach Mulayam Singh Yadav could be appointed as the president of the Samajwadi Secular Morcha led by Shivpal Singh Yadav, hectic efforts were on for the break-away group of the new outfit.
VP to attend 2nd World Hindu Congress in Chicago
Vice-President M Venkaiah Naidu will address the 2nd World Hindu Congress, being held in Chicago, US, from September 7-9, to commemorate the 125th anniversary of Swami Vivekanandaâ€™s historic speech at the Parliament of the World's Religions in 1893.
Defence cooperation to add 'new dynamism' in parleys between India and US
Construction of tenement: Anbazhagan observes dharna inside the assembly premises
President-elect Alvi to seek immunity in criminal case
Australia: Former woman minister says Parliament behaviour appalling
Makers of Namaste England launch film's trailer
Thumbs up for humanity, equal rights: Bollywood on â€˜Homosexualityâ€™ verdict
Love has no gender, Bollywood cheers decriminalisation of homosexuality
Sensex recovers by 224 50 pts
Airtel Payments Bank enables card-less cash withdrawal at over 1 lakh ATMs
Bullion Market Closing Rates
12th edition of the Eastern India Amateur Golf Feeder Tour kicks off from Golmuri
Constantine tells his boys to do better if they want to win Suzuki Cup in Dhaka
Saurabh erases Jr world record, Abhishek misses Tokyo quota
CHANDIGARH, SEP 6
- R G Agarwal, Chairman, Dhanuka Agritch flankd by Scretary, Indian Chemical Council Prabh Sharan Singh and Dr Shayam Bhaskar, Member, Haryana Kisan Ayog addressing a press conference ahead of a seminar on 'Role of Agrochemicals for Sustainanle Agricultur' in Chandigarh on Thursday. UNI PHOTO-61u
BENGALURU, SEP 6
- Members of the LGBT community celebrate Suprime Court's verdic on IPC's Senction 377, in Bengaluru on Thursday. UNI PHOTO-60U
- Members of the LGBT community celebrate Suprime Court's verdic on IPC's Senction 377, in Bengaluru on Thursday. UNI PHOTO-59U
- Members of the LGBT community celebrate Suprime Court's verdic on IPC's Senction 377, in Bengaluru on Thursday. UNI PHOTO-58U
- Members of the LGBT community celebrate Suprime Court's verdic on IPC's Senction 377, in Bengaluru on Thursday. UNI PHOTO-57U
- Members of the LGBT community celebrate Suprime Court's verdic on IPC's Senction 377, in Bengaluru on Thursday. UNI PHOTO-56U
- Members of the LGBT community celebrate Suprime Court's verdic on IPC's Senction 377, in Bengaluru on Thursday. UNI PHOTO-55U
- Members of the LGBT community celebrate Suprime Court's verdic on IPC's Senction 377, in Bengaluru on Thursday. UNI PHOTO-54U
- Members of the LGBT community celebrate Suprime Court's verdic on IPC's Senction 377, in Bengaluru on Thursday. UNI PHOTO-53U
- Members of the LGBT community celebrate Suprime Court's verdic on IPC's Senction 377, in Bengaluru on Thursday. UNI PHOTO-52U
- Members of the LGBT community celebrate Suprime Court's verdic on IPC's Senction 377, in Bengaluru on Thursday. UNI PHOTO-51U
Youth Congress workers protesting against fuel price hike in Bengaluru on Thursday. UNI PHOTO-50U
Youth Congress workers protesting against fuel price hike in Bengaluru on Thursday. UNI PHOTO-49U
Youth Congress workers protesting against fuel price hike in Bengaluru on Thursday. UNI PHOTO-48U
Youth Congress workers protesting against fuel price hike in Bengaluru on Thursday. UNI PHOTO-47U
JAMMU, SEP 6
- A view of beautiful â€˜Child Care Roomâ€™ and strollers at Jammu Airport. (with story). UNI PHOTO-46U
- Junior doctors of Patna Medical College and Hospital (PMCH) participating in an awareness rally for eye donation in Patna on Thursday. UNI PHOTO-45U
- Junior doctors of Patna Medical College and Hospital (PMCH) participating in an awareness rally for eye donation in Patna on Thursday. UNI PHOTO-44U
- Member of Students Islamic Organisation (SIO) staging a demonstration in protest against alleged resist internal colonization of education and demanding the right of the marginalized people, in Patna on Thursday. UNI PHOTO-43U
AHMEDABAD, SEP 6
- Jain devotees offering prayers at a Derasar on the occasion of 'Paryushan Parv', in Ahmedabad on Thursday. UNI PHOTO-42u
Tender
Japan hit by deadly earthquake, at least 8 dead
Tokyo, Sep 6 (UNI) Japan's northern island of Hokkaido has been hit by a powerful earthquake, triggering landslides that engulfed houses.
view view-ain30-blocks view-id-ain30_blocks view-display-id-block_13 view-dom-id-27ba2bd4dc2569fdac0e0d1fb31fd27b
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Netanyahu orders Israeli embassy in Paraguay to close
Dutch prince seeks Israeli high-tech cooperation
Prince Constantijn van Oranje, the brother of King Willem-Alexander, is in Israel with Dutch investors.
Start ups
Ornim Medical lays off most employees
Azerbaijan-Croatia documents signed
Official welcome ceremony was held for President Ilham Aliyev in Zagreb
Presidents of Azerbaijan and Croatia met in expanded format
Azerbaijani, Croatian presidents held one-on-one meeting
Azerbaijan to host Nasimi Festival of Poetry, Art and Spirituality organized by Heydar Aliyev Foundation
Following the expanded meeting, a ceremony of signing documents was held with the participation of President of the Republic of Azerbaijan Ilham Aliyev and President of the Republic of Croatia Kolinda Grabar-Kitarovic.Minister of Foreign Affairs of the Republic of Azerbaijan Elmar Mammadyarov and Minister of Culture of the Republic of Croatia Nina Obuljen KorÅ¾inek ...
His Majesty King Mswati III of Eswatini
Economy minister: Next Azerbaijan-Russia Interregional Forum to be held in Azerbaijan in September
Azerbaijani draughts player crowned world champion
Azerbaijani and Croatian presidents made press statements
TAP: 77.7 per cent of construction work completed
US Approves Patriot Missiles Sale To Netherlands For US$105M
Data could be next friction point in Indo-US ties: Anand Mahindra
Mahindra said that US businessesâ€™ usual plaint is about the need for a level-playing field in India.
Temasek to invest $400 million in NIIF
Singapore-based global investment firm Temasek has signed an agreement to invest up to $400 million in the National Investment and Infrastructure Fu
Meet the changemakers at SHEROES Summit
The summit comes to the capital city with the UST Global campus hosting it on September 8
Madhu Nataraj gets to the root of her new work
Bengaluru-based dancer Madhu Natarajâ€™s KalpaVriksha is a movement-based response to illustrious painter S. G. Vasudevâ€™s oeuvre
Tamiraparani pushkaram next month
River ghats across the banks are getting ready for the event
In the footsteps of the guru
Ratikant and the students of SRJAN celebrated guru Kelucharan Mohapatraâ€™s legacy at a special event organised by NCPA
Nizami Bandhu: Qawwali for the new age
Nizami Bandhu, who carry a 700-year-old tradition, have made the musical form more accessible
Literature in the hills: Ooty Literary Festival
Ooty readies to welcome an interesting line up of published writers for a two-day festival
India, U.S. sign landmark communications, security agreement COMCASA
India and U.S. will also hold a first-ever tri-service exercise on the east coast of India in 2019, announces Defence Minister Nirmala Sitharaman.
Ganpati casts his spell over Mumbai
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This will enable greater communications interoperability between the militaries of India and the U.S.
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Coming out for India and life beyond 377
Being gay has not been easy historically. But if the Supreme Court verdict is to be enforced in society, it needs continued effort at dialogue among individuals, families and communities.
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T.S. Ananthi has rendered yeoman service â€" for four decades â€" through her acting and dubbing skills
Two killed as canter rams into lorry
Two persons were killed on the spot and one sustained serious injuries after a canter rammed into a stationary lorry on NH 48 near Manangi gate in Si
Mapping a devoteeâ€™s journey
Pooja Kumar Shyam explored the margam in her dance production
Tirumurai verses sung with passion
Lucrative offers did not distract these two Oduvars from singing Tevaram
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Tour venture â€˜Moksha: Journey to the Selfâ€™ specialises in spiritual tourism
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Full text of Supreme Court's verdict on Section 377 on September 6, 2018
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The mercy petition was filed before the Tamil Nadu Governor on December 30, 2015 under Article 161 of the Constitution.
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Highlights from the Supreme Court's verdict on decriminalising Section 377
The Supreme Court, in four separate but concurring judgements, set aside its own verdict in the Suresh Kaushal case, decriminalising homosexuality for consenting adults. Here are some highlights from the judgments of Chief Justice Dipak Misra, and Justices R.F. Nariman, A.M. Khanwilkar, D.Y. Chandrachud and Indu Malhotra.
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Kochi fashion designers work together to help the weavers of Chendamangalam save their flood hit stock and get back on their feet
Supreme Court extends house arrest of rights activists till Sept. 12
On Wednesday, the Maharashtra government told the apex court that the five rights activists were arrested due to the cogent evidence linking them with the banned CPI (Maoist) and not because of their dissenting views.
Telangana Governor accepts Cabinet resolution to dissolve State Assembly
The Telangana Cabinet on Thursday led by the Chief Minister K.Chandrasekhar Rao recommended the dissolution of the State Legislative Assembly.Immediat
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The Central Bureau of Investigation (CBI) on Thursday arrested four persons, including the manufacturer of MDM brand of gutkha, and two officials of t
Live | Governor accepts Telangana Cabinet resolution to dissolve Assembly
The Telangana Rashtra Samiti (TRS) announces 105 candidates for the next elections.
Sushma, Nirmala hold talks with U.S. counterparts ahead of 2+2 dialogue
Ahead of the inaugural 2+2 dialogue, External Affairs Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman held separate meetings on Thursda
Section 377 will not apply to consensual same-sex acts, says Supreme Court
India, US sign landmark COMCASA deal
India and the US will also hold a first-ever tri service exercise on the east coast of India in 2019, Nirmala Sitharaman announced.
Swaraj, Nirmala hold talks with U.S. counterparts ahead of 2+2 dialogue
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Nab conspirators in Gauri, Kalburgi murders, demand activists
They stage a demonstration at Jagat Circle to mark the first death anniversary of the journalist-activist
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The Aradhane of Lakshmivara Tirtha Swami, who passed away on July 19, was held here on Wednesday. The rituals began at 7.30 a.m. at the â€˜moola muttâ€™ o
Dasara elephants given ceremonial welcome
The six elephants, making up the first batch that will participate in Dasara festivities, were accorded a ceremonial welcome at the Mysuru palace on W
New website of Mysuru palace launched
More than a month after it became inaccessible, the official website of Mysuru palace was redesigned and relaunched at the palace here on Wednesday.Th
Separate protests in Hubballi
The city witnessed two protests by different political parties against both State and Union governments on Wednesday.While BJP leaders protested again
Overcrowding ranges from 44% to 98% in 11 prisons, Karnataka tells HC
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From left, U.S. Defense Secretary James Mattis, U.S. Secretary of State Mike Pompeo, Indian Foreign Minister Sushma Swaraj and Indian Defense Minister Nirmala Sitharaman raise their hands before a meeting in New Delhi, India, Thursday
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Section 377: Five people, one cause, one victorious fight
Homosexuality decriminalised: Judges' romantic quotes steal the spotlight
Kolkata'sÂ Majerhat bridge collapse: Traffic snarls hit city
TRS announces 105 candidates for Assembly elections
Telangana Rashtra Samithi (TRS) President K. Chandrasekhar Rao released the list of 105 candidates, Hours after the dissolution of the Telangana state Assembly.
India, US hold inaugural edition of 2+2 strategic talks
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Bharat Bandh: Security tightened amid protests in MP
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Rajkummar Rao confirms 'Stree' sequel
Bollywood turns up forÂ wrap-up party of Hrithik Roshan's 'Super 30
Penelope Cruz, Wagner Moura and Gael Garcia Bernal joinÂ 'Wasp Network
Gold-winning shot-putter Tajinderpal Toor's father cremated
15th anniv. of reactivation of springs marked in Jinan
In pics: new dining hall in Nanjing University of Aeronautics and Astronautics
Woodblock print exhibition held at National Art Museum of China in Beijing
Gov't funds aid 520 mln students in six years
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Israeli life-saving technology predicts blood instability in intensive care patients
11 Afghan army troops killed in Taliban offensive
Thai businessmen killed in helicopter crash in Czech Republic
Uruguay, China celebrate 30 years of diplomatic ties
DPRK leader calls for further efforts to denuclearize Korean Peninsula -- KCNA
Chinese State Councilor to visit Pakistan
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PHOTO: Circuit judge Brett Kavanaugh appears before the Senate Judiciary Committee's confirmation hearing on his nomination to be an Associate Justice of the Supreme Court of the United States in Washington, Sept. 5, 2018.
A protester is removed from the hearing room as another, right, joins in protest of President Donald Trump's Supreme Court nominee, Brett Kavanaugh during testimony before the Senate Judiciary Committee on Capitol Hill in Washington, Wednesday, Sept.
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Tajikistani President Emomali Rahmon met with visiting Vice Chairman of China's CMC General Xu Qiliang in Dushanbe, the capital city of Tajikistan, on September 5.
The 11-member security advisory group of UNMISS led by the deputy commander of UNMISS Sector West visited the barracks of the 8th Chinese peacekeeping engineer detachment to South Sudan (Wau) on Tuesday, local time.
Some surveys show a continuous decline in the physical fitness of Chinese students in several aspects over the past two decades which has undermined the quality of the military recruits.
About 350 Chinese players will participate in the 7th Military World Games next year, including in all major competitions except golf.
Chairman of the Senate of Kazakhstan Kassym-Jomart Tokayev met with visiting Vice Chairman of China's CMC Xu Qiliang on Tuesday, pledging to strengthen exchanges and cooperation with China in various fields.
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Banks werenâ€™t the only victims of Nirav Modi and Mehul ChoksiTrade credit is now tough to secure after jeweler Modi used fake letters to obtain loans in banks abroad.
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Copyright:(C)Thu 06 Sep 2018, 15:57:102018Thu 06 Sep 2018, 15:57:10 Bennett Coleman & Co. Ltd, http://info.indiatimes.com/terms/tou.html
Banks werenâ€™t the only victims of fugitive jewelers Nirav Modi and Mehul Choksi, who allegedly orchestrated a $2 billion fraud. Indiaâ€™s trade may be an unsuspecting casualty.As the fraud unraveled, the central bank stepped in and banned short-term financing in foreign currency called Letters of Undertaking to limit the damage to the financial system. The result was the cost of funds for exporters and importers rose as the industry was forced to seek new credit tools, said Ajay Sahai, director general of the Federation of Indian Export Organisations in New Delhi.The worst hit are the smaller enterprises as the ban is eroding their margins and competitiveness. Trade credit is tough to secure after jeweler Modi used fake letters to obtain loans in banks abroad. That threatens to choke shipments of gems and jewelry -- the nationâ€™s third-biggest export -- and widen the trade deficit, which is already the biggest in five years mainly on account of higher oil import bill.Total gems and jewelry exports in the April-July period fell by 1.5 percent from a year ago to $13.7 billion, while imports of precious stones -- a key input for exports -- dropped by 19.5 percent to $9.84 billion during that time.â€œThe banning of LoUs was a serious blow,â€ said Amitendu Palit, a senior research fellow at the National University of Singapore. â€œIt is not just jewelry exporters that have been affected, but others also. An alternative must be found, such as allowing LoUs with safeguards.â€That view was echoed by a Parliamentary panel, which in a report last month sought restoration of the trade finance tool at the earliest. The Reserve Bank of India â€œgot unnervedâ€ by the fraud at Punjab National Bank and the ban was a â€œknee-jerk reactionâ€, it said, while flagging risks for cost competitiveness of trade and the cascading effect on jobs.Biggest Bank FraudThe panel was referring to the $2 billion bank fraud uncovered in February at Indiaâ€™s state-owned Punjab National Bank, which accused Modi and Choksi of defrauding it. The duo have fled the country and are wanted by Indian courts under a new law on fugitive economic offenders that allows authorities to confiscate their assets.Though traders still have access to other forms of trade finance such as bank guarantees and letters of credit, the ban on the interim guarantees increases their borrowing costs by about 200 basis points and comes at a huge cost for small traders.â€œWe all are paying the price for what Nirav Modi did,â€ said Pradeep Goyal, who runs a metal trading company Agsons Agencies (I) Pvt. â€œWe have spent many sleepless nights over this. My cost has gone up, my cycle has reduced and Iâ€™m feeling the crunch.â€
PANIPAT: Tilak Raj Bathla's tiny weaving factory is one of the few still humming on a once busy road in the northern city of Panipat, known as the country's "textile city".Nearby, more than two dozen other workshops are locked from the outside, while dogs and cows roam through other abandoned factories. Scrap dealers enquire about idle powerlooms.India launched the Goods and Services Tax (GST) just over a year ago, its biggest ever tax reform, aiming to replace more than a dozen federal and state levies and unify the sprawling economy.The move improved economic efficiency but critics say the complexities of the new regime have driven many small enterprises out of business and forced hundreds of thousands out of jobs.For Prime Minister Narendra Modi, the drawbacks of the GST, especially the job losses, could prove costly in major state elections later this year and a general election in mid-2019.Bathla says his neighbours, most of them unschooled, could not comply with monthly online filings required under the GST regime. Some of his customers and suppliers could not afford to hire accountants to navigate a system which has been amended more than 200 times already, while others struggled to cope with delays in tax returns caused by glitches in the centralised software."I have a GST registration, but I can't work as my vendors and buyers are unable to comply with a complex tax structure," the 50-year-old said, adding his monthly sales had fallen to about 250,000 rupees($3,511) from about one million rupees before the GST. Only two of his 10 powerlooms are currently being used.The government has said it is simplifying the tax measure to make it accessible to everyone. Finance Ministry spokesman D.S. Malik said requests from small businesses have been considered "from time to time." But he declined to comment on job losses.Nevertheless, India's economy gathered pace in the April-June quarter, expanding 8.2 percent compared to 5.6 percent in the same period a year earlier. Economists said the number was coming off a low base as companies held off production in the year-ago period ahead of the implementation of the tax measure in July last year.But while big firms have since shaken off the effects of the change and are set to gain from a uniform tax regime, small businesses across the country are still hurting.A survey by the All India Trade Union Congress (AITUC) in July found that a fifth of India's 63 million small businesses â€" contributing 32 percent to the economy and employing 111 million people - faced a 20 percent fall in profits since the GST rollout, and had to sack hundreds of thousands of workers.Readymade garments, gems and jewellery, leather, handicraft and basic machinery manufacturing are hit the most, industry bodies from across the country say.According to estimates by the Centre for Monitoring Indian Economy, a Mumbai-based consultancy, nearly five million workers lost their jobs over the past year. But it was not clear how many were from small enterprises.India's unemployment rate rose to 6.4 percent in August from 4.1 percent in July last year despite an additional 17 million people joining the workforce.But it did not give data on how many people were laid off or from which industries.India's labour ministry releases jobs data once in five years, last reporting unemployment at 5 percent in 2015/16 (April-March).More than 50 workers and factory owners Reuters spoke with in Panipat, about 90 km (55 miles) north of New Delhi, said over a third of the city's 10,000 weaving units had closed or curbed production.Chand Multani, president of the Panipat Handloom Owners' Association, pointed to the tax headaches behind a bedsheet that costs barely $2 dollar as an example.The weaving of the sheet, its dyeing, ironing, embroidering and packaging are all done by separate businesses. Under the new system, each business has to pay GST at each stage of production which the businesses can claim back provided they have registered with tax authorities and have a GST number.For a lot of small businessmen this is way too much work. "How can all these different operations comply with tax rules?" asked Multani, waving the sheet in the air.The GST replaced several federal and local taxes and tore down tariff barriers between India's 29 states, but critics say that has been to the benefit mainly of large, nationwide businesses.For Panasonic Appliances, India's leading electric goods maker, GST has meant cutting costs by 4-5 percentage points, for example. India's consumer goods stock index has risen 26 percent in the past year, outpacing the broader Mumbai market."GST ... has improved the competitiveness of the manufacturing sector," Panasonic India CEO Manish Sharma said.Modi, in an Independence Day speech on Aug 15, said the businesses that faced "teething difficulties in adopting GST had accepted the challenge and the country is now moving ahead."But Rahul Gandhi, his main challenger in next year's election, has zeroed in on the job losses and shuttered businesses."This GST is a way of removing money from the pockets of the poor," he said last month. "This is not GST, this is Gabbar Singh Tax," he said, referring to the villain in one of Indian cinema's most popular movies.Modi's popularity fell below 50 percent in July from 53 percent in January, while Gandhi's rose to 27 percent, up from 22 percent, according to a survey by India Today magazine. Eighteen months ago, the score was 65 percent to 10.To address grievances, the GST Council, which administers the tax measure, has approved more than 200 amendments since the law came into force.MS Mani, senior partner at Deloitte, said too many changes to rules and rates were damaging, particularly for small businesses.The Federation of Indian Export Organisations estimates that nearly $2 billion of tax credits, mainly of small exporters, were yet to be refunded, mainly because of software glitches in the system and the difficulties in matching the hundreds of thousands of invoices.About 230,000 small businesses have closed down due to compliance and cash flow problems, leading to large-scale job losses, said Amarjit Kaur, national secretary of the All India Trade Union Congress."GST has proved a death warrant for us," Ravinder Kashyap, 22, who lost his job as a powerloom operator earlier this year, said in a small rented room in Panipat that he shares with four friends.He said his employer had lost sales orders because of the mess caused by the tax and so had let him off along with scores of others. "If this carries on for one or two years, we'll have to commit suicide.
British Airways today announced a new partnership with Vistara that will allow passengers to book flights to London from destinations operated by the Indian carrier.â€œAs part of the new agreement customers can book seats on Vistara flights to destinations across India from Chennai, Mumbai and Delhi. Seats are available to buy on ba.com from today, for travel from September 27, 2018,â€ said a release from British Airways.The agreement means that British Airways customers will now be able to visit 13 new destinations across the region, opening up cities such as Ahmedabad, Amritsar, Bhubaneswar, Chandigarh, Goa, Kolkata, Kochi, and Pune that have previously been more difficult to access from the UK.With this partnership, British Airways customers travelling on the codeshare flights will be able to check their bags straight through to their final destination and both airlines use the same terminals at Delhi and Mumbai airports, making it even easier for customers to connect on to domestic services.British Airways operates two direct flights a day from Heathrow to Mumbai, a double daily service to Delhi and a daily flight to Chennai. The airline also flies direct to Hyderabad and Bengaluru from Terminal 5 and is rolling out a Â£4.5 billion, five-year customer investment plan, that includes the installation of the best quality Wi-Fi and the delivery of 72 new aircraft.â€œWe have been flying to India for more than 90 years, so it is incredibly exciting for us to be able announce this partnership with such a well-respected carrier. We have been wanting to expand our network in the region for some time and to have Vistara on board is great news for our customers and for companies based in these important cities. This partnership opens up a whole new range of destinations for holidaymakers too,â€ Rishi Kapoor, British Airwaysâ€™ Head of Alliances, was quoted in the release.â€œThis partnership reaffirms our commitment to taking Indiaâ€™s finest airline brand beyond Indian borders, and it gives us the opportunity of welcoming travellers from around the world to experience the â€˜new feeling of flyingâ€™ in India with Vistara. We share a lot in common with British Airways, key among which is our focus on delighting customers. We are confident that our respective customers will truly enjoy the reciprocal benefits of this collaboration,â€ Sanjiv Kapoor, Chief Strategy & Commercial Officer, Vistara, was quoted in the release.Customers travelling on Vistara will enjoy complimentary meals and will be able to choose between three different cabins, including Indiaâ€™s only Premium Economy class. As part of the codeshare agreement, British Airways Executive Club members can also collect Avios and earn tier points when booking on â€˜BAâ€™ coded Vistara flights, the release added.
New Delhi: The National Company Law Tribunal has ordered Malvinder and Shivinder Singh to maintain status quo of directorship and shareholding in their holding company, RHC Holding Pvt Ltd. The tribunal was hearing a case by Shivinder Singh against his brother and Sunil Godhwani, the former chairman and managing director of Religare Enterprises, alleging oppression and mismanagement of RHC, Religare and Fortis.Meanwhile, the Singhs have been granted permission to inspect the books of RHC along with their company secretaries and chartered accountants. The Singhs are the only two directors of RHC and together hold 100% stake in the company.In his petition, Shivinder Singh has alleged that RHC Holding had taken more loans than it could pay up through inter-corporate deposits (ICDs), said a lawyer present during the proceedings on Thursday."It has destroyed a company worth Rs5,000 crore," argued Shivinder Singh's counsel at the tribunal.Ranjana Roy Gawai, Managing Partner of RRG & Associates, the law firm which filed Shivinder Singh's petition at NCLT, refused to comment on the grounds that the matter is sub-judice.The status quo order was granted as an interim measure after Shivinder Singh's counsel asked the tribunal to prevent the sale of any shares in RHC by his brother. The tribunal will hear this case next on October 9.Malvinder Singh and Godhwani are expected to file their reply to this suit within 10 days, following which Shivinder will be granted time to file a response to their affidavits.
can hide in IT, pharma, blue chip, largecap , defensive companies.Edited excerpts: What is your view on markets considering all emerging market currencies and economies are going through a patch of adjustment? Will this emerging market slide have impact on portfolio investments in India? Clearly it is a tricky situation, where one part of India is witnessing dramatic correction. Rupee is down more than 4% in August alone. 10-year interest rate is up about 33 bps in August. On the other hand, equity market in index term is near all-time high. Clearly, from an FII point of view, they will be in two minds â€" one, should they look at the improving micro situations in India as is evident from the quarterly results or should they worry about deteriorating macro situation where oil prices are higher, rupee has weakened, interest rates have risen and which ultimately could have impact on growth. It is a tricky situation where FIIs hopefully will take a call on a longer term basis looking at the fundamentals of companies in which they are investing rather than taking a top-down view. A lot is happening with Sebi in terms of the FPI money from NRIs. What do you think is the impact of this and is this a big issue? All kinds of numbers are floating around -- $75 billion, $80 billion. Undoubtedly if the FIIs believe that their investments in India is not welcomed, they will take a different view. But the good part is that The Securities & Exchange board of India (Sebi) has clearly communicated that they are keeping concerns raised by the FIIs in mind. Anyway, the deadline is 31st December and there is no pressing hurry to do it tomorrow. This is an issue which can easily be resolved through consultation because on one side, FIIs have clearly said that they have no problem with the disclosure and on the other side, Sebi has mentioned that they are not in favour of restricting someoneâ€™s ability to do a business. They just want to ensure that there is no round tripping. The he objective is the same. How one arrives at a way to achieve that objective should be easily approachable. Do you think India will be isolated or be a different market as earnings growth is showing the first signs of decent improvement. Do you think we are not that decoupled at all? My hope is we would be in a better position compared to 2013 to withstand a global shock. In 2013, taper tantrums created a shock but at that point of time, macro India was fragile, inflation was in double digits, the current account deficit was upwards of 4.5% and fiscal deficit was almost higher than current account deficit. Clearly that was the time when India was also going into elections after a year. Put all these things together, we were in a far weaker situation at that time. Today inflation is rising but it is rising from lower single digit to mid single digit; fiscal deficit is likely to overshoot the budgeted number but it is on a much-much lower base; current account deficit is rising with higher oil prices but it is still way below what it was in 2013. So, we have a slightly deteriorating micro situation vis-Ã -vis current account deficit, fiscal deficit and inflation but it is significantly superior to what it was in 2013. More importantly, between 2013 and 2108, we have taken certain steps which will create a good platform for economic growth in the future. GST has been introduced and rolled out. It has made India one nation, one market. The demonetisation benefits are now visible with higher digital payments and better tax compliance. The government has also built infrastructures in terms of road, railways, solar capacity and so on. Put together, today we are far better than in mid 2013. Second, corporate India is looking at the future far more positively than they were in 2013. Therefore, despite higher oil prices, higher real interest rates and a weakening rupee, we have a reason to be optimistic about corporate earnings growth in the rest of the financial year. For earnings to recover in a big way, the capex cycle needs to pick up. Do you think this is around the corner or is it going to be another long wait? There is a slight differentiation. If you look at the IIP series and the GDP growth, capex seems to be recovering. But when we talk with the management in listed segment, we are not seeing significant recovery in capex. Clearly, capex is coming in the non-listed segment, in real estate. Looking at industrial recovery means we are seeing investments in sectors like power where there is surplus capacity. So, it is a little further away. But will there be investment pickup led by the government spending in infrastructure like roads and railways or a pick up in real estate sector by virtue of rural demand? The answer is yes. We will see one part of investments related to government and rural India doing well but the industrial capex is a little further down the line. What is the view on midcaps and smallcaps? How do you look at the valuations there now that largecap valuations are seeming a bit stretched and the overall price points at which midcaps and smallcaps are available? My feeling is that after the corrections from Jan 2018 level, midcaps have become worth looking at it. But clearly, over next 10 months, we expect markets to be highly volatile. It will be volatility partly because of global factors: a) interest rates in US are rising. B), Liquidity injection across US, Europe and Japan is slowing down. C) A tariff war is raging between US and China and India could have see collateral damage. Most important for us, oil prices are on their way up. From $40-60 a barrel, it has gone up to the $70-80 a barrel. All these global factors will have their own impact on Indian market on the way up. Second thing is valuation. Clearly there are some largecaps which are in overvalued category and finally, the political scenario. In May 2019 general election, if India votes for a stable government committed to reforms and growth, markets will be fine. But if we end up getting a coalition government which is not committed to growth or reform, there will be adverse reaction from the market. So over next 10 months, there will be enough opportunity for you to invest on a correction. This is not the time to chase the prices. This is not the time to do momentum investment. This is the time to build portfolio on correction. In such a market place, do you think the best place to hide are export stocks? With the sort of currency move that we are seeing right now, should pharma and IT hold higher weightage in portfolios? If you are taking a shorter term view, then yes IT, pharma, blue chip, largecap companies, defensive companies are the place to hide. If you are taking a longer term view, then you have to invest in companies which are using technology to disrupt the business models in various sector. Today we are at the cusp of digital and technological revolution just like we were in 18th century for industrial revolution. During industrial revolution, India missed the bus and partly because of that along with colonisation, our share in global GDP came down from 25% to less than 1%. Today world is at the cusp of digital and technological evolution. We should not miss the bus and if we miss the bus, there will be adverse consequences. It is not only technology and pharma where digital and technology is creating disruption, it is even in a commodity sector like textiles. Companies which will be agent of change, which will be harbinger of digital and technological revolution will outperform the market that is where investor will make money. Companies which are like dinosaur not reacting to the changed environment will become extinct. You would not
Reducing margins from 12.5% to 7.5% for projects given to defence PSUs suddenly is a draconian step, Sanjiv Bhasin, Executive VP-Markets & Corporate Affairs,
Article at EconomicTimes.com with article id : 65702560
Article at EconomicTimes.com with article id : 65700037
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