Latest News Headlines Fri Oct 19 16:43:30 IST 2018

FNB News - NITI Aayog & Microsoft India ink agreement to ... - fnbnews.com
Microsoft partners with Indian government's think tank, NITI Aayog ... - OnMSFT (blog)
Microsoft and Niti Aayog partner to deploy AI solution - The ... - Economic Times
NITI Aayog's dream of a $10-trillion Indian economy by 2032 pared ... - Business Standard
IOC chief Bach hails 'fantastic' Buenos Aires Youth Olympics
Vedanta best-suited to take over indebted Essar Steel, says Anil Agarwal
Odia filmmaker Amiya Ranjan Patnaik dead
Eminent Odia filmmaker Amiya Ranjan Patnaik passed away at a private hospital in New Delhi on Friday, family sources said.
Cong, BJP flay Kerala government for bringing activists to Sabarimala
The opposition Congress and BJP Friday hit out at the Left government in Kerala for allegedly extending support to bring women activists to Sabarimala temple, hurting the sentiments of devotees.
PM Modi concludes Shirdi visit
Suspended Chandigarh police SI booked for raping model
A suspended Chandigarh Police sub-inspector has been booked for allegedly raping a 25-year-old model from Mumbai, police said on Friday.
Oxford appeal to young wordsmiths to help decode modern slang
With an aim is to record all distinctive words - old and new, formal and informal - that shape the language, the Oxford English Dictionary (OED) has launched the youth slang word appeal.
Telangana BJP may announce first list of candidates in day or
: The Telangana unit of the BJP is likely to announce first set of candidates for the upcoming Assembly polls in a day or two, the party's spokesperson Krishna Sagar Rao said Friday.
Sensex plummets 464 pts on liquidity concerns; RIL, NBFCs drag
Market benchmark BSE Sensex plunged by 464 points or 1.33 per cent to close at 34,315.63 points due to losses in index major Reliance Industries, HDFC and Infosys.
ED files money laundering cases into Air India deals inked during UPA tenure
In fresh trouble for embattled state-run carrier Air India, the Enforcement Directorate (ED) has registered multiple criminal cases to probe allegations of irregularities and money laundering in at least four deals signed during the UPA rule including the controversial merger of Air India and Indian Airlines.
Govt likely to appoint new CEA in next 1-2 months
The government is likely to appoint a new chief economic advisor (CEA) in the next one or two months, sources said.
Manmohan Singh, Rahul, Sonia Gandhi pay last respects to ND Tiwari
Pb govt approves over 400 luxury vehicles for CM, his ministers
Over 400 luxury vehicles have been approved by the Punjab government for the chief minister, ministers, MLAs and bureaucrats, a Transport Department order said Friday.
Dehradun gang-rape: Victim's parents claim schools denying admission to girl
Parents of a Class 10 student, who was gang-raped at a boarding school here, have filed a police complaint alleging that schools in the city are denying her admission on the ground that she will spoil the atmosphere on campus, police said on Friday.
Turkey to host four-nation summit on Syria crisis
A Turkish official says a summit between the leaders of Turkey, France, Germany and Russia will be held in Istanbul this month to discuss the conflict in Syria.
Another tough day for Shubhankar in Korea
Indian golfer Shubhankar Sharma started with a birdie from the tenth hole but failed to maintain the momentum and slipped to T-71st place at the halfway stage of the CJ CUP @ NINE BRIDGES tournament on Friday.
Aditi slips to T-30 in Shanghai
Indian golfer Aditi Ashok played a roller-coaster of a round to end the day with a 1-over 73 that saw her slip from T-22 to T-30 in the Buick LPGA event here on Friday.
Our competition starts with Pakistan clash, says Harendra
Indian men's hockey team chief coach Harendra Singh says his team has shrugged off the disappointment of the Jakarta Games and is looking forward to the keenly awaited contest against arch-rivals Pakistan in the Asian Champions Trophy here on Saturday.
Mohammad Abbas has potential to be No. 1 Test bowler
Juventus asked me to leave after Ronaldo's arrival: Higuain
Nifty, Sensex drop over 1 percent as Reliance sinks
In Imran's Naya Pakistan, wear dupatta to enter govt building
Anil Agarwal, vedanta, essar steel
MARKET WRAP: Sensex slides 464 points; NBFCs plunge, India VIX surges 11%
a day ago
Exclusive: In-N-Out Billionaire Lynsi Snyder Opens Up About Her Troubled Past And The Burger Chain's Future
Channel - Block D - Billionaires - blog - Position 3 - Exclusive: In-N-Out Billionaire Lynsi Snyder Opens Up About Her Troubled Past And The Burger Chain's Future
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Modern Slavery Statement
Data is at the Helm of Every Business - WPP India's 'Date with Data' Summit Highlights the Impact and Influence of Data
Tez Financial Services Becomes the First Pakistani Startup to Raise $1.1 Million in Seed Round Led by Omidyar Network
Hilton Kuching Brings You A Once-In-A-Lifetime Experience with Nature
Terms & Conditions
China trade pact stalls as Trump tariffs feed India backlash
Firecrackers and reluctant authorities: Indian capital's smog set to worsen
Sabarimala standoff day 3: 100 policemen accompany 2 women to the temple
MP Assembly polls: BJP might not give tickets to 70-80 MLAs
PM Narendra Modi seeks views on how IT, electronic sectors can help make 'new India
RCEP stalls as Trump tariffs fuel India backlash
ED files money laundering cases into Air India deals
Sanjeev Zarbade, Kotak Sec prefers ITC over HUL, here’s why
Anil Agarwal indicates he is open to raising bid for Essar Steel
Earlier govt launched schemes to publicise only one family: Narendra Modi
04:05 PM | 19 Oct
Shapoorji Pallonji
Piramal Vaikunth
The bid was more than offers made by ArcelorMittal and Russia's VTB Capital-backed NuMetal Ltd in the first round.
NBFCs liquidity crunch to hit home loan sales: report
Credit situation could improve before 2 quarters: Vinay Sah, LIC Housing
Government decides to increase the tenure of FSAs between CIL, steel industry
Statistics ministry seeks GST data to improve national accounts
FATF team finalises report with recommendations for de-listing Pak from grey list in Sep'19: Report
Pakistan's PM Imran Khan to attend controversial Saudi conference
56% Paid bribes in last one year: Survey
Sanjeev Zarbade, Kotak Sec prefers ITC over HUL, hereâ€™s why
Dell Technologies subsidiary VMware will invest $2 billion in India
Home prices, which have witnessed a relative slowdown in growth, will continue to be under pressure, Japanese brokerage Nomura has said.
Flipkart contradicts the rule that ecomm cos must seek permission from direct-selling cos to list products online
â€œRBI steps to ease liquidity could see better participation by banks in NCDs.â€
The 16-country Regional Comprehensive Economic Agreement backed by Beijing is often seen as a rival to the Trans-Pacific Partnership.
Dear professionals associated with the IT sector, technocrats and tech-lovers, I have a request...Have a look at this Open Forum on the 'Narendra Modi Mobile App' and share your views," he tweeted.
â€œWe are monitoring how NBFC sector copes with liquidity crunch in the system.â€
Prime Securities, tells ET Now.Edited excerpts: Have markets hit a bottom? Where are they headed in the short term?It will hold out between 9,800 and 10,000, which was tested last time. I am putting myself out for judgement as well but between 9,800 and 10,000 is a rock solid bottom. In the short run, we may even find 10,200 difficult to break but we are worried that you could find a panic bottom in the 9,800-9,900 range.But Nifty has not corrected at all! In fact, Nifty is still in the positive zone. How relevant is Nifty for investors? Statistics tells you that over 60 per cent of stocks in the broad market are down more than 60 per cent from all-time highs. If that is the case, the market is probably in the range of 8,000 to 8,500. The fact that four-five stocks have been serious outperformers for a variety of reasons, means virtually 80-85 per cent of mutual fund flows are going only to the top 250 stocks. This means the outperformance in Reliance, Infosys, TCS, Levers has just kept the index up. Some of them have corrected as well, but obviously not as much as the rest. But here are others who are willing to pick up the slack in the market now. For instance, private sector banks have broadly outperformed, but ICICI, Axis have been extremely weak. ICICI for instance, has bottomed out pretty conclusively and this is not to talk individual stocks, but more from an index standpoint. Despite short-term issues, some of the cement stocks may have bottomed out as well. As a sector, pharma has definitely bottomed out. Pharma as a space will give you surprise upside returns and the space that I like a lot and more so because of recent changes in the environment are PSU banks. The neglected private sector banks ICICI, Axis, SBI, Bank of Baroda, Union Bank also will give you surprise upside returns. I call this a karmic cycle and we can talk about it in terms of what has changed. There are sectors willing to pick up the slack of outperformance which is only restricted to four or five. Those stocks may actually have corrected, Reliance had hit Rs 1350. It is now below Rs 1100 and in the short run, there may be disappointments with the results. You could have a situation where some of those which have performed well may stabilise at lower levels. I do not think they will fall much more. Interestingly, the fund flow position has changed for foreign funds. You will have much less selling. In fact, FIIs could turn buyers through a combination of 8 per cent plus on yields both in the debt side and Rs 74-75 to a dollar clearly visible now, as being factors that could bring foreign flows in. Foreign flows will be neutral to positive going forward. Some of these sectors will take up this slack. So, index wise, I do not think 9,800 to 10,000 will really get broken in a hurry. Of course, there are sectors which are very positive and the sector we should actually focus on. The NBFC sector has been the front-runner in terms of the market upsurge over the last several years. The NBFC space came up as a result of a considered strategy that PSUs could not take up growth in terms of durable space, consumer durables and the growth through the housing finance books, etc. That entire slack got taken up by PSU banks lending to NBFCs, private sector banks lending to NBFCs and NBFCs doing what these banks could not do. Now with the IL&FS scare and the asset-liability mismatch, which RBI quite unexpectedly talks about vis-Ã -vis the NBFC space, what it meant is that the 7:1, 8:1 leverages will over the next two years come down to 3.5-4:1. All NBFCs today are only doing the following. So, it is all going to change. On November 15, Rs 110,000 crore worth CPs are coming up for maturity. Already 80,000 crore have disappeared through the short-term funds. Of the Rs 1,10,000 crore, 30-40 per cent goes to the really top quality HDFC, L&T kind but the rest could be a challenge. What is happening is these NBFCs are selling their portfolios because they have all hit single party limits. As they sell their portfolios, the banks are getting money from the same big corporate treasuries like Reliance, Vedanta, ITC, Maruti, etc, which are now pulling money out of these mutual funds and putting them in bank deposits. Those bank deposits act as the long-term source for banks to reposition themselves by buying these assets. So from an NBFC perspective, the assets and the liability come off. The overall leverage is going to be reduced. They are not going to get more access to direct lending and so their growth is a big issue. The NBFC re-rating or derating has built this in completely. So the NBFC space is coming off and PSU banks are taking the portfolios. Portfolios of almost Rs 2 lakh crore will get sold off in the next six months. So banks will end up buying all the good assets of NBFCs. NBFCs may end up with portfolios which could be â€œa little less liquid.â€ But what will the NBFCs do in the interim? They will go in for more equity issuances. Maybe the equity market is only 1-1.5 per cent book. So, be it. They will go in for long-term bonds and that is when the repositioning happened but that takes two-three years. The NBFCs would be in a consolidation and long-term fund generation mode for the next two-three years. Growth is not their principle objective. From a bank perspective, the question that could be asked is do SBI, BOB and others have adequate capital to absorb all this? The big shift in the portfolios are happening and the private sector banks are well capitalised and may actually be able to take this up. Thatâ€™s why I am so bullish on ICICI and Axis as they could actually be the beneficiaries of the portfolio which these guys have created over a five-seven year period. So the wheel of lending is going to change? What banks lost, NBFCs gained and now NBFCs would lose and banks gain? That is absolutely correct and one more thing is happening. The NBFC business model itself is being questioned and the liquidity that the NBFCs supply to people like the stock market, LAS, etc, could also be a bit under the cloud. There was a recent scare in the market that NBFCs have given loan against property to builders and these builders may start going belly up. Is the book of a large NBFC like peeling an onion? You keep on peeling layer after layer or is it not that bad? I do not think it is that bad. The reality is that the realty space is in trouble. You can see unsold inventory across the board. The reality also is that a lot of these NBFCs had outstandings to the realty companies against specified assets. But if those companies went into NCLT, these assets get pooled and then your outstanding becomes a bit of a question mark .So far, there was no question of realty companies going belly up. When liquidity got crunched in the US in 2008, banks got refinanced. What did banks do? They took the money but did not transmit it, they essentially put it back in government securities and tables but stayed on liquidity. A similar psychosis is developing right now. Banks are getting the liquidity but really are not lending to anybody other than the top few names which means that credit a as a whole in the economy is going to get crunched, consumption is going to come under severe pressure in the second half of this year. Both discretionary and non-discretionary consumption? Absolutely. Autosâ€¦ Durables because banks have not shown the adeptness to add to the portfolios and marketing them. They are just buying portfolios. Once that is done, they are not trying to build up a much larger portfolio. The incremental credit to the economy is going to be under big threat and that will affect GDP in the run-up to the election. The government needs to understand that liquidity is the motherâ€™s milk of sentiment. If you do not have liquidity, there is no sentiment. Going into the elections, whatever the government might do, the NBFC space I cannot be wished away. All these measures that RBI talks about, incremental single party limit, etc, needs to have been announced on day one, not on day 15 or day 20. Fifteen days is too long in the financial services space. You need to go out there. When the Lehman crisis happened, the government decisions got taken on a Friday night, Saturday morning before markets opened on Monday. They are not held in abeyance and the sentiment allowed to drift over a two-week period. This is the problem. In the long run, I do not know the adjustments happen but in the short run, you do not want another IL&FS situation. An IL&FS is not representative of the NBFC space. It was actually an infrastructure holding company. It has got nothing to do with being an NBFC. The problem is if you squeeze liquidity in a fast growing space like NBFC, you may create an IL&FS kind of situation. The whole move has to be immediate and surgical. It is too big to fall. It is not like 10 ladies have come together to start a chit fund! Structurall, NBFC space needs to be protected. And not just protected. It is actually a systemic issue. I do not think we can overemphasise this point. Liquidity is the main thing that was driving it up. They were growing at 20-30-35 per cent. Where was that coming from? They had 8:1, 9:1 leverage and they were trying to build long-term funds over a period of time. Through one ALM statement, you cannot throw the cat amongst the pigeons here and which is essentially what has been done. Two quarters ago, you were quite gung ho on aviation and your view was the bad news in aviation is the time to buy. But bad had got worse. Is this only because of crude? It got worse because of two reasons â€" one is crude and two is that pricing to passengers has not kept paceâ€¦ Why is that? It is just an obsession the top two-three companies have with load factors. Load factors need to drop to sensible levels of 75-80-82 per cent and make passengers pay for what is fair. It is an experience, flying is an experience. It has become a preferred mode of travel for most people. Rather than using train or bus, people are saying that flying is convenient, there is a value for the time and they are willing to pay for it. We have gone through this. Rs 2500 ticket to fly Bombayâ€"Delhi with crude at $80 and dollar rupee at 74, does not make sense. These companies are not being spearheaded by people who do not understand this. They are making cash losses on a daily basis and are continuing to do it. This is going to lead to consolidation. There is definitely going to be issues. There could be entry of new players. The good news from a silver-lining perspective is that while the consolidation is happening, pricing power can return but more importantly, crude may have peaked out at 86-87. We could be on the way down. Chinaâ€™s growth is slowing. World growth is slowing. Other than the US which is on steroids in a manner of speaking, there is pressure on every other economy. India will slow down next quarter. Crude will come off if it is fundamentally linked but a lot of crude price movement have always maintained has not been fundamental but it has been a play on the markets. Other issues like Saudi Arabia, geopolitical, going public of Saudi Aramco, etc. But in the short run, the tailwinds that were there for crude price movements, has actually become headwinds in the short term. Suddenly, HPCL, BPCL and OMCs are available in and around their replacement cost. These are businesses which cannot be replicated and these are businesses which have a genuine and a natural moat around them. Would you buy this decline in OMCs because if crude is bearish, maybe there is a trade there? I do not think so. There may be a tactical trade if you are lucky because one is not able to take a call on whether the government will keep interfering especially as the election year approaches. It is not impossible for the government to take decisions which affects three companies but benefit the economy as a whole, like the recent decision. I do not want to get into whether is it is desirable and whether it will be repeated. The event risk around the oil companies makes it clear that they cannot be permanent portfolio additions. They can be tactical plays. They fall off 30-40 per cent on movements like this and you could take a play and make 20-30 per cent possible. Unfortunately, I am not that smart to figure out what is the bottom and what is not. But there are fundamental issues of government policy level interventions that could make for business dynamics that could get disrupted. I would recommend those. In a year from October 2019, a lot would have changed. Do you think right now this market is giving you more like a Flipkart and Amazon sale that you can grab before markets get their rhythm back? There are always two sales in a year in stocks in India. That has been going on for several years. Sometimes, the bull market gets extended, the sales happen once in two years or twice in three years but the reality is that today, liquidity, the financing of midcap stocks, etc, have been completely decimated. The market is telling you what values can go down to when there is no liquidity in the system.
Patrick Gelsinger, CEO of VMware, said the funds will primarily be used for building talent to grow the companyâ€™s R&D centre and sales teams in Bengaluru, Pune and Chennai.
Engine supply issues delay Russian Karakurt corvette deliveries
Latest-generation Pandur Evo moves into production for Austrian Army
Zelenodolsk Shipyard will postpone delivery of its first two Project 22800 Karakurt corvettes to the Russian Navy by at least a year because it lacks diesel engines for them, according to regional news agency Realnoe Vremya. The ships were to be commissioned in 2018.
St Petersburg-based PAO Zvezda
General Dynamics European Land Systems â€" Steyr (GDELS â€" Steyr) is now in full scale production of its latest-generation Pandur 6Ã—6 armoured personnel carrier (APC) for the Austrian Army.
Late in 2016 the Austrian Army placed a new contract for the Pandur that covers 34 units to a
Zelenodolsk Shipyard will postpone delivery of its first two Project 22800 Karakurt corvettes to the Russian Navy by at least a year because it lacks diesel engines for them according to regional news agency Realnoe Vremya The ships were to be commissioned in 2018
St Petersburgbased PAO Zvezda
Latestgeneration Pandur Evo moves into production for Austrian Army
General Dynamics European Land Systems â€" Steyr GDELS â€" Steyr is now in full scale production of its latestgeneration Pandur 6Ã—6 armoured personnel carrier APC for the Austrian Army
Ex-BSP MPâ€™s son, who brandished gun at Delhiâ€™s Hyatt, sent to judicial custody till Monday
Sabarimala protests LIVE: Yechury draws parallel between temple unrest and Babri-Masjid violence
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AIIMS PG July 2019 registration begins, apply at aiimsexams.org
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Pakistan ride pacer Mohammad Abbas to Test series win over Australia
Malaysia: Former deputy PM charged with money laundering, graft
Wimbledon to introduce 5th-set tiebreakers starting in 2019
Onions prices on rise in Delhi wholesale markets
Sujatha Gidla’s Ants Among Elephants bags Shakti Bhatt First Book Prize 2018
Katrina Kaif, Mouni Roy and others attend Durga Puja, see photos
I know I’ve become a star but don’t want to believe it: Ayushmann Khurrana
Abbas lead Pakistan to Test series win over Australia
Australia were bowled out for 164 after Lunch on 4th day in the 2nd Test against Pakistan.
Wimbledon to introduce 5th-set tiebreakers
Benzema, friends accused of kidnapping agent
Ex-BSP MPâ€™s son, who brandished gun at Delhiâ€™s Hyatt, sent to judicial custody till Monday
The Patiala House Court sent him to judicial custody till October 22.
PM Modi targets Congress, says previous govts were not serious about poverty alleviation
MP Assembly polls: BJP may not give tickets to 70-80 MLAs
Malaysian former deputy prime minister Ahmad Zahid Hamidi was charged with 10 counts of criminal breach of trust and eight counts of abuse of power…
Israeli rights group criticises ‘oppression’ of Palestinians
Sujatha Gidla's Ants Among Elephants bags Shakti Bhatt First Book Prize 2018
The $41 bn wealth gap that divides India’s richest brothers
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This heartwarming video will make you relive the sneaking-out moments of childhood!
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Global IT spending to grow 3.2 per cent in 2019: Gartner
After vacuum cleaner Roomba, why we haven’t had any other successful home robot products?
Facebook’s election ‘war room’ takes aim at fake information
Malaysian former deputy prime minister Ahmad Zahid Hamidi was charged with 10 counts of criminal breach of trust and eight counts of abuse of power involving sums totalling 42 million ringgit ($10 million), state news agency Bernama said.
Financial action team finalises report with recommendations for de-listing Pak from grey list
Manipur: Indian Army hands over 15 trained horses to Myanmar
October 19, 2018 4:17:23 pm
President Trump
Harry and Meghan at Bondi Beach
US & Canada
The Newsroom
The Duke and Duchess of Sussex kick off their shoes during an official visit to the Sydney landmark.
Final set tie-breaks will be introduced at Wimbledon from next year, the All England Club announces.
Is the US economy under Trump the best in history?
Harry and Meghan go barefoot on Bondi Beach
Reliance to acquire majority stakes in DEN, Hathway Cable
Syria received 'Modernized' S-300 system : Russian report
Yes Bank slides by 6 06 pc to Rs 217 70
Sensex down by 463 95 pts
Friday prayers not allowed for second week in Jamia Masjid in Srinagar
Barring parts of Srinagar, life returns to normal in Kashmir
Punjab Vigilance conducts joint surprise checks of grain markets
High hopes? Imran to seek financial aid from Saudi
THIRUVANANTHAPURAM, OCT 19
Rajya Sabha member and noted film actor Suresh Gopi performing â€˜paadha poojaâ€™ to young girls participating in the â€˜balasaraswathi poojaâ€™ at the Arappura Sree Eswari Amman temple at Vattiyoorkavu. on Friday UNI PHOTO-70U
Rajya Sabha member and noted film actor Suresh Gopi performing â€˜paadha poojaâ€™ to young girls participating in the â€˜balasaraswathi poojaâ€™ at the Arappura Sree Eswari Amman temple at Vattiyoorkavu. on Friday UNI PHOTO-69U
Rajya Sabha member and noted film actor Suresh Gopi performing â€˜paadha poojaâ€™ to young girls participating in the â€˜balasaraswathi poojaâ€™ at the Arappura Sree Eswari Amman temple at Vattiyoorkavu. on Friday UNI PHOTO-68U
AHMEDABAD, OCT 19
Bengali married women participate in 'Sindur Khela' on the occasion of 'Vijay Dashami' at a Durga Puja pandal in Ahmedabad on Friday.UNI PHOTO--67U
Bengali married women participate in 'Sindur Khela' on the occasion of 'Vijay Dashami' at a Durga Puja pandal in Ahmedabad on Friday.UNI PHOTO-66U
Bengali married women participate in 'Sindur Khela' on the occasion of 'Vijay Dashami' at a Durga Puja pandal in Ahmedabad on Friday.UNI PHOTO--65U
Bengali married women participate in 'Sindur Khela' on the occasion of 'Vijay Dashami' at a Durga Puja pandal in Ahmedabad on Friday.UNI PHOTO-64U
Bengali married women participate in 'Sindur Khela' on the occasion of 'Vijay Dashami' at a Durga Puja pandal in Ahmedabad on Friday.UNI PHOTO--63U
Bengali married women participate in 'Sindur Khela' on the occasion of 'Vijay Dashami' at a Durga Puja pandal in Ahmedabad on Friday.UNI PHOTO--62U
Tender
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Dhakis hailing from West Bengal add fervour to cityâ€™s puja celebrations
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Everything in millet
This restaurant is encouraging people to adapt millet-based diet
As vivid as his canvas
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This documentary promises a â€˜definitive historyâ€™ of the He-Man multiverse
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Full of todayâ€™s social justice issues
Supriya Kelkarâ€™s Ahimsa is set during Indiaâ€™s freedom struggle but the topics it talks about are still relevant
Mohammad Abbas stars in Pak Test series win over Australia
Australia sorely missed Khawaja-like grit from any of its batsmen on Friday.
Vijay Hazare finals: Daring Delhi face Mumbai test
Both teams have their bases covered though Delhi have an upper hand in the pace department.
PM Modi in Shirdi, Durga Puja festivities end, and other news in pictures
Â 4.00 pmPrime Minister Narendra Modi in Shirdi Prime Minister Narendra Modi on Friday targeted the previous Congress-led governments, saying they were
Â Â 3.00 pmPrime Minister Narendra Modi in Shirdi Prime Minister Narendra Modi on Friday targeted the previous Congress-led governments, saying they wer
â€˜Congressâ€™ housing scheme for poor was mere propaganda, says Modi
Taking potshots at the UPAâ€™s developmental schemes, Mr. Modi said they were riddled with inefficiency and consumed by political greed.
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Reading between the lines of Anna Burnsâ€™ Booker Prize-winning 'Milkman'
Manmohan Rahul pay last respects to N D Tiwari
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Sabarimala LIVE: Vote bank politics at the cost of social harmony, says Yechury
Congress, BJP flay Kerala government for bringing activists to Sabarimala
Lupin gets 5 observations from USFDA for Pithampur Unit-3 facility
Opinion | By raking up Ram Mandir, Uddhav Thackeray aims to make BJP eat humble pie
Pakistan's PM Imran Khan to attend Saudi investment conference
Buy Music Broadcast; target of Rs 420: Motilal Oswal
Buy Hero MotoCorp; target of Rs 3810: Centrum
Buy DCB Bank; target of Rs 205: Centrum
Buy ACC; target of Rs 1820: Centrum
Buy Havells; target of Rs 680: Dolat Capital
Buy Mindtree; target of Rs 1103: Cholamandalam Securities
Buy DCB Bank; target of Rs 209: HDFC Securities
Buy DCB Bank; target of Rs 200: Anand Rathi
DCB Bank: Steady Q2; buy for the long term
Our Competition Starts With Pakistan Clash, Says Harendra Singh
Afghanistan Postpones Election in Kandahar After Attack
KTM Duke 790 India launch under evaluation, unlikely this year
Earnings, Markets, Stocks, Companies, Moneycontrol Research
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House ofÂ activist Rehana Fathima who tried to enter SabarimalaÂ vandalised
This Day That Year: Here's what made news on October 19, 1947
Scars will remind me of my fatherâ€™s brutality: MadhviÂ
Odisha asks Centre for Rs 1,000 crore assistanceÂ
Congress lost state elections on minority tag to Lingayats: Shivakumar
APPSC all set to release Group-I, Group-II exam syllabiÂ
Kamal HaasanÂ has no rights to speak about us: H Raja
I know I've become a star but don't want to believe it: Ayushmann Khurrana
His first thriller "Andhadhun", directed by Sriram Raghavan, is the best reviewed film and he has followed it up with "Badhaai Ho", which is garnering positive response.
Mukesh Chhabra suspended as 'Fault in Our Stars' Hindi remakeÂ director
Vijay Devarakonda's nextÂ helmed byÂ Kranthi Madhav
Mohanlal confirms Dileep's resignation fromÂ AMMA
Spotlight: Ukraine expects CIIE to boost economic ties with China
3rd edition of Whisky Live Beirut opens Lebanon
Light The Night Walk event held in Manhattan, U.S.
Philosophy returns to Spanish curriculum after five-year elimination
Pakistan closes border crossings with Afghanistan ahead of polls
Mexican peso strengthened: central bank
Venezuela expels Ecuador's charge d'affaires in retaliation
3 killed, 1 injured in blast on parliamentary runner office in N. Afghanistan
Afghan gov't postpones elections in Kandahar province after police chief assassination
Chinese vice premier vows unwavering support for private sector
2 killed during police action in German southwestern Palatinate
Citizen Charter
Sri Lanka vs England LIVE Streaming: à´‡à´‚à´—àµà´²à´£àµà´Ÿàµ – à´¶àµà´°àµ€à´²à´™àµà´• à´¨à´¾à´²à´¾à´‚ à´à´•à´¦à´¿à´¨à´‚ à´Žà´µà´¿à´Ÿàµ† à´•à´¾à´£à´¾à´‚
New iPad Pro
Google Maps EV Charging
OnePlus 6T Release Date
Mate 20 Pro vs. Pixel 3 vs. Galaxy Note 9
Pokemon Go Gen 4 guide
Pixel 3
Netflix arrivals and departures
Amazon Deals
Alexa For Cars
Game of Thrones Season 8 premiere
iPad Pro
Lenovo Foldable Tablet
gas giant exoplanets
Xiaomi Mi Mix 3
Google Pixel 3 Titan M Chip
Congress used poverty for campaign to promote and develop one family: PM Modi
Sabarimala protests: These two women reached temple hilltop but returned amid protests
Priyanka Chopra's Michael Kors blue suede dress is pure love
Malaysia: Former deputy PM charged with money laundering, graft
Press Release
Today's Birthdays, Oct. 19: John Lithgow
Birthday: Chris Kattan
Birthday: Ciara Renee
Birthday: Cyndi Thomson
Birthday: Evander Holyfield
Today In History, Oct. 19: "Black Monday"
Bumatay Jewelers
Delhi: After Molestation Incident, DTC Announces Ladies Special Buses For Route 544Â
BEER PACKAGING MARKET â€" GLOBAL INDUSTRY ANALYSIS, SIZE, SHARE, TRENDS, GROWTH AND FORECAST 2018 â€" 2025
Accumulator (energy) Market Major Manufacturers, Trends, Demand, Share Analysis to 2025
3D Motion Capture Software Market Major Manufacturers, Trends, Demand, Share Analysis to 2025
Turkey 'makes life miserable' for terrorists: Erdogan
Turkey opens vocational training school in Syria
Turkey rejects claims of delay in battle tank project
Hindu women devotees and activists shout slogans praising the Hindu God Ayyapa during a protest against the Supreme Court verdict revoking a ban on women's entry to the Sabarimala temple.
Mim Shaikh
The white vehicle which belonged to Marcus Martin
US President Trump speaks at a podium
Why students in Afghanistan want to make sure their voice is heard in the country's upcoming election.
Still saying add oil
A man rides a bike past a construction site in China
Jose Mourinho
Ian Kiernan
Huge rock used to smash gang-rapedÂ South African student to death
EXC: Megan sizzles as she unveils her bikini collection
Meghan cradles bump on Sydney beach with Harry
Is this the solution to ending plastic waste?
Chris Evans angers neighbours over development plan at old Ascot home
Saudis 'plan to blame intelligence officer for Khashoggi's death
How your waist can reveal your fertility, wealth and availability
Kate Middleton and Prince William host Radio 1 teen heroes at Kensington Palace
The BepiColombo in "cruise mode" on its way to Mercury (ArtistÂ´s impression issued by ESA/PA)
Florida teacher pleads guilty to having sex with 14-year-old student
Art-deco themed house near Llanelli built in 1939 goes on the market for Â£230K
West Sussex property goes on market for Â£6.75m
Construction robot HRP-5P is built like a beefy builder ... and has the skills to match
Akshaya Nath
Badhaai ho
Nairita Mukherjee
Supreme Court, Mohan Bhagwat, sabarimala protests, lord ayyappan
Supreme Court, Pinarayi Vijayan, kerala police, sabarimala protests
Shalini Lobo
How Danny Clarke Turned His Family Eyecare Practice Into A $3 Million Business Focused On Employees
VIDEO: Day 2 of Oktoberfest
VIDEO: Two people hit by driver in Sand Springs
Throwback SRK: Will Shah Rukh Khan Ever Bring Back Sunder From
Is It Normal To Cramp After
Yogi Adityanath's BJP Government Has Met its Match in These Acid Attack
Mohan Bhagwat Asked RSS Members To Choose Whatâ€™s Best For The Country. What Does That Mean For The
The Akinada Tobishima Kaido: An alternative route across the Seto Inland Sea
Designart Tokyo 2018 looks beyond 2021
Number of fatal accidents linked to seasonal mushroom picking on the rise, police say
A Weekend in Fukuoka
The meteoric rise of Mayu Matsuoka
Mark Hulbert on Black Monday anniversary: Stock market overdue for a one-day 5% or 10% plunge
Dr. Doom’s latest warning should not go unheeded
The fastest-growing metros in the U.S.—how affordable are they?
Don’t laugh: $400 oil isn’t THAT crazy
7 ways to lower student loan payments
How the secondary sneaker market became a billion-dollar industry
The outline of a Viking ship as captured using georadar. The vessel is located under only 50 cm of top soil.
woman holding throat, laryngitis
Anirban Blah, Celebrity Manager, Tries to Commit Suicide After #MeToo Allegations
Dileep and Kavya Madhavan Welcome a Baby Girl on Dussehra
In Pics: Style Evolution of Alia Bhatt Over the Years
WATCH | Windies Face Uphill Task Against Dominant India in ODI Series
QUIZ | Test Your Knowledge of India's ODI Clashes Against Windies Down the Years
No Gayle, No Narine, No Bravo â€" Here Are Five Men to Keep an Eye on for Windiesâ€™ ODI Series in India
What Can App Stores do if Users Start Downvoting an App? Nothing, For The Sake of Democracy
Mohammad Abbas Stars Again as Pakistan Seal Series Win Over Australia
U.S. President Donald Trump
Richard Dale Price
soulcalibur 6 reversal edge
inferno soulcalibur 6
soulcalibur 6 libra of soul
Jeremy Pruitt Tennessee Vols
Nikos Konstandaras
David Brooks
Tornado passes No. 8572 at Bridgnorth on the Severn Valley Railway
70000 Britannia
John Rennie on the Ruislip Lido Railway
Flying Scotsman at Bury
London Metropolitan 331 at Town End
Hugh Napier passes Chaloner - Penrhyn Quarry Railway
5239 Goliath
Caledonian Railway 944 pack for Train Simulator
China's former cybersecurity tsar Lu Wei pleaded guilty on Friday to charges of corruption. Photo: Handout
Red wineâ€™s purported health benefits include lowering bad cholesterol, preventing clots and reduce the growth of precancerous cells in premenopausal women. Picture: Alamy
Queen Zomia, a multimedia show by Australian-born, Hong Kong-based visual artist Royce Ng, tells the story of Olive Yang, a bisexual female drug warlord in '50s and '60s Southeast Asia. The show uses the Pepper's ghost technique to create a hologram representing the ghost of Yang. Photo: Fabian Hammerl
The German chemicals giant says all global players will be affected to some degree
Saudi Crown Prince Mohammed bin Salman. Photo: AP
Beijing will continue working â€˜to make our contribution to the development of the global postal serviceâ€™, says foreign ministry; White House says the system allows developing countries like China to ship goods around the world more cheaply and put American firms at a disadvantage
Hong Kong and Macau Affairs Office director Zhang Xiaoming reinforces â€˜zero toleranceâ€™ towards issue, and says warnings reflected central governmentâ€™s long-standing policy on matter
Chinaâ€™s economy to brace for slower growth pace as trade war with United States takes its toll
The allegations were made in a countersuit in response to a Huawei complaint filed last year accusing CNEX of stealing its trade secrets
Xi Jinping and Donald Trump are set to meet on November 29 in Buenos Aires, according to sources. Photo: AFP
Having spent her formative years in Hong Kong, footwear legend Jimmy Chooâ€™s British-born niece says the Asian city remains her creative muse
The identities of the dead are known but relatives sometimes refuse to collect their remains
Hu Changxiong stole a ring and a necklace, among other things, from X, who was too scared to fight back. Photo: Shutterstock
Chinese carpenter was caught carrying 3.1kg of rhino horn with estimated market value of up to US$217,000
Two government departments have launched a consultation process to gauge public opinion on using recycled waste water. Photo: Shutterstock
Keith Macgregorâ€™s photo â€œMong Kok street Neon Fantasyâ€. Photo: Keith Macgregor
Leslie Sun is a Taipei-based art collector.
Chef Kang Min-goo at Amber, in Central. Picture: Jonathan Wong
Mick Schumacher is on a high after winning the F3 Euro title last weekend. Photo: AP
John â€˜Stingrayâ€™ Ray Onifaâ€™s failure to get into the army led to a running career, through which he can now support his family. Photos: The North Face Adventure Team
Politicians were quick to condemn uniformed troops from the Peopleâ€™s Liberation Armyâ€™s Hong Kong garrison helping with the post-Typhoon Mangkhut clean-up, but why not see them for what they are?
Many North Korean women have escaped to the South via China, in search of freedom, happiness and a modern lifestyle. But the fantasy so often ends in disappointment
Eagle-eyed netizens spotted that this man is probably holding Xiaomiâ€™s upcoming Mi MIX 3 flagship. (Picture: Xiaomi)
Shanghai embeds traffic lights in the ground for distracted smartphone users
Hammersmith: West London's fast-expanding media and tech hub
There are fears a showdown over steel and aluminium tariffs could lead the US to exit the World Trade Organisation
Portrait of Chen Sze Long, CEO of ATLAS
The new seven-fret Jamstik 7 smart guitar, which can be used to create the sounds of almost any instruments you can think off.
Astronomers Just Caught the Tiniest Cannibal Galaxy in the Universe
galaxy merger
Anjem Choudary, right, a British Muslim social and political activist and spokesman for Islamist group, Islam4UK, speaks following prayers at the Central London Mosque in Regent's Park, London, Friday, April 3, 2015.
In this Tuesday, Feb. 23, 2016, file photo, a waiter walks past a mural of flight MH370 in Shah Alam outside Kuala Lumpur, Malaysia.
Model Melanie Marden has revealed that she has been receiving death threats since playing FLOTUS in T.I.â€™s freshly released video
Jon Gaunt
Jose Mourinho shows the strain
Andreas Christensen shows his frustration
Comment: Alexis Sanchez shows his frustration
Alexis Sanchez shows his frustration
Comment: Jamie Carragher -Â Grassroots football needs good ideas â€" not just cash
Jamie Carragher -Â Grassroots football needs good ideas â€" not just cash
Bob Ewell and Marilyn Monroe in the Film Seven Year ItchÂ
Graham Norton
Introducing the Telegraph's new podcast for bookworms, My Life in Books - starring Jojo Moyes, Marian Keyes and Sebastian Faulks
Annie Kenney and some other lesser known suffragists are being celebrated in a new exhibition
A photo of a bathroom
Mario Buatta
A Liberator pistol appears next to the 3D printer on which its components were made in Hanover, Maryland
Best games of 2018
Imran Khan
Helicopter crashes on USS Reagan flight deck, injuring 12
Mega Millions jackpot grows to record payout, nearly $1B
Navy veteran charged for sending toxin to White House, Pentagon
Physical activity lowers death risk from heart disease, study says
The 'Truly Zac Posen' line, available only at David's Bridal.
Steven Avery (right) with his parents Allan Avery and Dolores Avery in a still from "Making a Murderer: Part 2."
The Orionid meteor shower will peak the night of October 20-21, 2018. The meteors will originate near the Orion constellation.
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a really fantastic Youth Olympic Games
Swachh Bharat Summer Internship
E Gazette India
Prime Minister's National Relief Fund
Grievance Redress Mechanism in Government
Digital India
India imposes anti-dumping duties on steel products from China
Photo Gallery
Shivram Waghmare, one of the first beneficiary of PM Housing scheme, receives his key from PM Modi at Shirdi on Friday, October 19, 2018.
The infiltrators opened fire towards the positions of the security forces in Baramulla, which was retaliated. Picture for representation purpose only.
Shivram Waghmare, one of the first beneficiaries of the PM Housing scheme, receiving the key from PM Modi at Shirdi.
File photo of The Championships logo, in Wimbledon.
Delhi skipper Gautam Gambhir and Mumbai captain Shreyas Iyer.
Pakistanâ€™s Mohammad Abbas celebrates the dismissal of Australiaâ€™s Tim Paine during the second Test, in Abu Dhabi on October 19, 2018.
Khaleel Ahmed has his priorities in place for being selected in the Indian squad for ICC Cricket World Cup 2019.
New Studies Highlight Performance of VectraÂ® Test in Patients with Rheumatoid Arthritis Who Were Treated with Tofacitinib and Rituximab
Mercedes-Benz and The Remix Project collaborate on tracks inspired by the iconic G-Class SUV
Tint WorldÂ® Names 2018 Franchisee of the Year
VF Corp Q2 adjusted earnings of $1.43 per share
Royal Philips Shareholders Approve Appointment Of Marc Harrison To Board
FirstLight Home Care Named to Franchise Times' Top 200+ for Sixth Year
State Street Reports Third-Quarter 2018 EPS of $1.87, up 13%, and ROE of 14%, up 1 Percentage Point, Compared to 3Q17
Schlumberger Announces Third-Quarter 2018 Results
ArQule Presents Orphan Disease Clinical Data at the American Society of Human Genetics (ASHG) 2018 Annual Meeting for Its pan-AKT Inhibitor, Miransertib (ARQ 092)
Xunlei Updates the Financial Guidance for the Third Quarter of 2018
Anavex Life Sciences Announces FDA Approval of IND for Phase 2 Trial of ANAVEXÂ®2-73 in Patients with Rett Syndrome
Centennial Resource Development, Inc. Announces Third Quarter 2018 Earnings Conference Call
BeyondSpring to Host Second-Quarter 2018 Financial Results and Operational Update Conference Call on October 23, 2018
Valeritas Announces That V-GoÂ® Insulin Delivery Device Has Launched in Italy
Kimball announces the pending acquisition of David Edward
BELGRAVIA CAPITALÂ to Proceed with Normal Course Issuer Bid
Bahamas Development Corporation Completes Merger with Global Consortium, Inc.
Ducommun Announces Third Quarter Conference Call
LGI Homes Opens New Section in Highly Sought After North Austin Community
Safetrust Expands Mobile Access Ecosystem with RF IDeas Technology Partnership
Nation's Medical Specialists Demand Immediate End to Prior Authorization Abuse
Rogers Communications Declares 48 Cents per Share Quarterly Dividend
Rogers Communications Reports Third Quarter 2018 Results
ERASE Racism Launches Region-wide Discussion:
Viela Bio Announces Late-Breaking Abstract Acceptance for VIB4920, a Novel Engineered CD40L Antagonist, at the 2018 ACR/ARHP Annual Meeting
KevzaraÂ® (sarilumab) Data at the 2018 ACR/ARHP Annual Meeting Provide Additional Insight on Safety and Efficacy in Rheumatoid Arthritis
New Kiindly App Redefines Online Deal Shopping
Nielsen Declares Quarterly Dividend
David Campbell Salons Selected as OnDeck Small Business of the Month
Bruker Announces Date and Time of Third Quarter 2018 Earnings Release and Webcast
UCB Presents New Long-Term Data Showing Substantial Impact for CIMZIAÂ® (Certolizumab Pegol) in Axial Spondyloarthritis and Rheumatoid Arthritis and Late-Breaking Bimekizumab Data in Psoriatic Arth...
OTC Markets Group Welcomes Cannex Capital Holdings to OTCQX
BioLineRx Presents Top-line Results from Phase 2a COMBAT/KEYNOTE-202 Study in Pancreatic Cancer at ESMO 2018 Congress
Habitations Trigone and Fonds immobilier de solidaritÃ© FTQ Inaugurate Viva-CitÃ© Delson Residential Complex
IBERIABANK Corporation Reports Third Quarter Results
Ameris Bancorp Announces Record Earnings For Third Quarter 2018
First Cobalt Files Technical Report for Iron Creek Cobalt Project
VERY LENDING, MUCH LIQUIDITY: SALT Adds Dogecoin as Latest Collateral Option
Employees are Happier, Healthier and More Productive in LEED Green Buildings
Veeda Clinical Research Scores Another Perfect NPRA (Malaysian Regulatory Agency) Audit
Chesapeake Energy Corporation Declares Quarterly Preferred Stock Dividends And Provides 2018 Third Quarter Earnings Conference Call Information
The 10 Best European Deep Tech Scaleups Awarded in the EIT Digital Challenge 2018
PermRock Royalty Trust Declares Monthly Cash Distribution
KT Corp. Wins Second Smart Meter Project in Uzbekistan
10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, PYPL, TSLA)
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