CBI raids Mallya residences, Kingfisher offices in IDBI loan case

CBI raids Mallya residences, Kingfisher offices in IDBI loan case

New Delhi/Bengaluru/Panaji, Oct 10 (IANS) The CBI on Saturday conducted raids at residences and offices of flamboyant liquor baron Vijay Mallya and his now-grounded Kingfisher Airlines in connection with a Rs.900 crore loan to the airline by IDBI bank and now declared a non-performing asset (NPA).   The raids were conducted at five places – […]

Nitish carrying jungle raj, corruption on shoulders: Amit Shah

Oct 10 (IANS) BJP President Amit Shah said on Saturday Bihar Chief Minister Nitish Kumar cannot develop Bihar and govern it carrying Rashtriya Janata Dal (RJD) chief Lalu Prasad’s jungle raj on one shoulder and Congress’ corruption on the other.   “Development cannot take place in Bihar if Nitish and Lalu are together. It is […]

CBI raids bank after Congress questions Rs.6,172 cr transactions

New Delhi, Oct 10 (IANS) The CBI on Saturday conducted raids at a north Delhi branch of the Bank of Baroda dealing with forex in connection with “cash” deposits of Rs.6,172 crore which were later “sent to Hong Kong”.   The raids came a day after Congress hit out at the Narendra Modi government in […]

India’s drug stores plan protest against e-pharmacies

India’s drug stores plan protest against e-pharmacies

NEW DELHI/MUMBAI (Reuters) – As many as 850,000 small chemist shops in India will shut for a day next week to protest against a burgeoning online pharmacy industry that is attracting big money backers.   Healthcare provider Apollo Hospitals Enterprise Ltd plans to start online drug sales in India, while Zigy, and Sequoia Capital-backed 1mg […]

Can India tap fresh water wisdom for “smart” cities?

Can India tap fresh water wisdom for “smart” cities?

NEW DELHI (Thomson Reuters Foundation) – Shanti Kushwaha waits anxiously for the water tanker to reach the slums of Seelampur in India’s capital New Delhi, bringing a scarce and fought-over essential.   Many of India’s urban slums have no piped water, only getting a delivery by public tanker on alternate days. So as soon as […]

Pest blights India’s GM cotton crop, fuelling debate over risks

Pest blights India’s GM cotton crop, fuelling debate over risks

MUMBAI/NEW DELHI (Reuters) – Two Indian states are suffering the first major pest infestation since the country adopted genetically modified cotton in 2002, raising concerns over the vulnerability of the lab-grown seeds that yield nearly all of the cotton in the world’s top producer.   Damage from the whitefly attack on the Bt cotton variety […]

In Bihar, a test for Modi’s economic reforms and Hindu agenda

In Bihar, a test for Modi’s economic reforms and Hindu agenda

BANKA, India (Reuters) – Prime Minister Narendra Modi is on the campaign trail in a state election that could define the rest of his term, promising jobs and development in one of the country’s most backward areas, while his right-wing party pushes a Hindu agenda.   Braving the scorching sun, thousands of men and women […]

Amid commodity crisis, LPG emerges as accidental bright-spot

Amid commodity crisis, LPG emerges as accidental bright-spot

SINGAPORE/DUJANA, India (Reuters) – Liquefied Petroleum Gas, long a niche product used by the poor to cook and the rich to barbecue, has become a rare bright spot amid a broad commodities rout, riding on the wave of strong economic growth in India and parts of Southeast Asia.   LPG is best known to consumers […]

Beef violence: PM breaks silence, calls for peace

Beef violence: PM breaks silence, calls for peace

NEW DELHI, October 8 (Reuters): Prime Minister Narendra Modi called for religious harmony on Thursday, breaking a week-long silence after the mob killing of a Muslim man rumoured to have slaughtered a cow sparked fears that Hindu zealots were targeting minorities.   At an election rally in Bihar, Modi appealed for Indians to ignore hate […]

Nestle India asks why fresh tests on Maggi

Nestle India asks why fresh tests on Maggi

New Delhi, Oct 8 (IANS) Nestle India on Thursday asked the apex consumer court why fresh tests were being ordered on Maggi noodles on food safety when a similar exercise has already been conducted as per directions of the Bombay High Court.   The matter came up before the National Consumer Disputes Redressal Commission, which […]

Volkswagen’s India unit says investigating Polo cars

Volkswagen’s India unit says investigating Polo cars

NEW DELHI (Reuters) – German carmaker Volkswagen AG’s India unit is investigating the Polo hatchback cars it sells over “technical issues”, a spokesman for the local unit told Reuters on Wednesday.   The spokesman said the investigation is not related to the diesel emissions scandal over which the company is facing a probe in the […]

India wants states to raise power prices gradually as part of rescue plan

India wants states to raise power prices gradually as part of rescue plan

NEW DELHI (Reuters) – India’s power minister said on Wednesday the government would like states to raise electricity prices gradually as part of a rescue plan Prime Minister Narendra Modi has urged to fix the finances of the country’s money-losing utilities.   State-run electricity distributors, which collectively owe $66 billion, are running out of cash […]