India discussing Apple’s request for FDI rules waiver, Nirmala Sitharaman says

India discussing Apple’s request for FDI rules waiver, Nirmala Sitharaman says

NEW DELHI (Reuters) – The Indian government on Monday said it was discussing Apple Inc’s <AAPL.O> foreign direct investment application that seeks a waiver from a local sourcing rule.   Nirmala Sitharaman, commerce and industry minister in the cabinet, told reporters her ministry would discuss the issue with the finance ministry.   The finance ministry’s […]

India to crack down on savings scams as Modi backs banking for all

India to crack down on savings scams as Modi backs banking for all

NEW DELHI, May 30 (Reuters) – India plans legislation to close a regulatory loophole that has made it possible for fraudsters to dupe millions of savers, as Prime Minister Narendra Modi strives to bring the rural poor into the mainstream banking system.   Unscrupulous operators have bilked savers of billions of dollars by running pyramid […]

Army can’t operate in civilian areas without AFSPA: Defence Minister

New Delhi, May 29 (IANS): The Indian Army cannot operate in civilian areas without a contentious act that gives it sweeping special powers, Defence Minister Manohar Parrikar has said, amid demands from several quarters that the act be revoked from Jammu and Kashmir and the northeastern states where it is in operation.   “My department’s […]

Will never go on the path of sins: Narendra Modi

Will never go on the path of sins: Narendra Modi

Davangere (Karnataka), May 29 (PTI): Slamming those questioning his government’s performance, Prime Minister Narendra Modi on Sunday said his two-year dispensation had initiated over 700 schemes and even if some tasks remain undone, “I will not let the nation go on the wrong path.”   Addressing a public meeting in Davangere as part of ‘Vikas […]

BJP to woo regional parties for GST bill’s passage in RS

Hyderabad, May 29 (IANS) With the June 11 biennial elections set to change the numbers game in the Rajya Sabha, the BJP said it will “reach out to all regional parties” for support to help approved the pending bills, including the one on Goods and Service Tax.   “We will reach out to all political […]

‘Government should make Amitabh face of tobacco control campaign’

‘Government should make Amitabh face of tobacco control campaign’

New Delhi, May 29 (IANS) Rajiv Gandhi Cancer Institute and Research Centre (RGCIRC) has urged the government to appoint prominent people, including Amitabh Bachchan among others, as brand ambassadors for the better impact of its tobacco control programmes.   The organisation — one of the best cancer treatment centres in Asia — questioned the government […]

HRD ministry rejects list for IIM-A chairman’s post

Ahmedabad, May 29 (IANS) The HRD ministry has rejected a list of names forwarded by Indian Institute of Management – Ahmedabad (IIM-A) management for its chairman’s post and sought a fresh list of candidates, sources said on Sunday.   The rejected list included the names of Infosys Board of Directors chairman R. Seshasayee, HDFC chairman […]

CBSE class 10 results announced, girls again outshine boys

CBSE class 10 results announced, girls again outshine boys

New Delhi, May 28 (IANS) All India Central Board of Secondary Education (CBSE) Class 10 results of all 10 regions were announced on Saturday with girls again performing better than boys.   Thiruvananthapuram recorded the highest pass percentage with 99.87 as compared to other regions.   As per the CBSE, the pass percentage of girls […]

Xi calls for addressing differences with India

Xi calls for addressing differences with India

Beijing, May 27 (PTI): India and China should appropriately address their differences and consolidate political trust by maintaining strategic communications between the top leaders, Chinese leaders said in their meetings with President Pranab Mukherjee, state media reported on Friday.   “The two sides should appropriately address our differences,” President Xi Jinping told Mukherjee during their […]