Modi gives Rs.80,000 crore economic package to J&K

Modi gives Rs.80,000 crore economic package to J&K

Srinagar, Nov 7 (IANS) Prime Minister Narendra Modi on Saturday announced the biggest ever economic package of Rs.80,000 crore for Jammu and Kashmir, and invoked ex-prime minister Atal Bihari Vajpayee’s three-point formula to resolve the Kashmir issue.   The jam packed Sher-e-Kashmir Cricket Stadium here broke into a joyous rapture as Modi announced the much […]

Indian Army test-fires BrahMos land-attack missile

Pokhran/New Delhi, Nov 7 (IANS) The Indian Army on Saturday successfully test fired the BrahMos land-attack cruise missile against a designated target in Rajasthan’s Pokhran test range, demonstrating the weapon’s operational capability, an official said on Saturday.   The test was conducted at 10 a.m. on Saturday.   The missile was test launched by a […]

Bihar poll outcome to drive rupee’s movement: Experts

Mumbai, Nov 7 (IANS) The Bihar poll outcome and heightened chances of a US rate hike are expected to flare up volatility in rupee value in the week starting November 8, experts said on Saturday.   “Bihar poll results will be the determining factor that drives the rupee’s trajectory in the short term, especially for […]

Indian economy better placed today, reforms will be pursued: Modi

Indian economy better placed today, reforms will be pursued: Modi

New Delhi, Nov 6 (IANS) Prime Minister Narendra Modi on Friday said almost every key indicator of the Indian economy was better placed today than 17 months ago when his government took office, and that reforms will be pursued in the right earnest.   “We have ensured maximum value for every rupee spent, maximum empowerment […]

SBI books 25 percent Q2 profit rise as bad loans dip

SBI books 25 percent Q2 profit rise as bad loans dip

MUMBAI, November 6 (Reuters) – State Bank of India , India’s largest lender, beat expectations with a 25 percent rise in second quarter profit on Friday, boosted by increased income from its advances and a drop in its closely monitored bad loan ratio.   Analysts in the sector have been watching for signs that credit […]

After pest attack, some Indian farmers shun GM cotton

After pest attack, some Indian farmers shun GM cotton

BHATINDA, November 6 (Reuters) – Indian farmers are for the first time abandoning genetically modified cotton after a devastating pest attack ravaged their fields, sowing doubts about the crop technology that had been hailed as a panacea.   The whitefly attack on the Bt cotton variety in Punjab and Haryana has caused a rural crisis: […]

Chhota Rajan brought to Delhi, kept in CBI custody

Chhota Rajan brought to Delhi, kept in CBI custody

New Delhi, Nov 6 (IANS) Long-absconding underworld don Rajendra Nikhalje alias Chhota Rajan on Friday was brought to the national capital from Indonesia, officials said.   Rajan, who was arrested by Indonesian police on October 26, reached here in a special aircraft around 5.30 a.m. at Palam airport from where he was taken to Central […]

Bihar battle ends, exit polls split on outcome

Bihar battle ends, exit polls split on outcome

New Delhi, Nov 5 (IANS) Bihar’s bitterly-contested staggered elections ended on Thursday evening, with exit polls sharply split on who would get to rule the state: the BJP-led alliance led by Prime Minister Narendra Modi or Chief Minister Nitish Kumar’s Grand Alliance.   While three of the nine surveys at the end of five rounds […]

24 writers, filmmakers return National Awards over ‘intolerance’

24 writers, filmmakers return National Awards over ‘intolerance’

Mumbai, Nov 5 (IANS) In a collective move to draw the government’s attention to their fears that the country’s “robust democracy might be coming apart”, 24 filmmakers and writers, including Arundhati Roy, Saeed Mirza and Kundan Shah, on Thursday returned their national awards. Countering this, veteran actor Anupam Kher has decided to lead a march […]

Graft case: Court asks CBI to verify death of two accused

NEW DELHI, NOVEMBER 5 (PTI): A special court has asked CBI to verify whether two of the five persons it summoned as accused in a graft case in which ex-Union minister P K Thungon was awarded a four-and-a-half-year jail term have died.   Special judge Ajay Kumar Jain had summoned five persons as accused on […]

Microsoft announces new partnerships, cloud start-up initiative

Mumbai, Nov 5 (IANS) US-based technology major Microsoft on Thursday announced a string of partnerships, programmes and products claimed to help Indian organisations and governments to explore unchartered business areas and enrich customer and citizen experiences.   The newly launched local Microsoft Cloud and new devices will also catalyse digital transformation, the company said.   […]

Tata Steel to press ahead with cuts as China exports bite

Tata Steel to press ahead with cuts as China exports bite

MUMBAI, November 5 (Reuters) – Tata Steel Ltd, Europe’s second-largest steel producer, said on Thursday it will press ahead with cost cuts and restructuring to cope with a surge in cheap Chinese exports to Europe and India, its two key markets.   Tata, which posted a surprise 22 percent rise in second-quarter net profit after […]