India

  • Collection efficiency of Yes Bank way below pre-Covid levels: Report
    NEW DELHI, OCTOBER 27 (IANS): The trends in the collection efficiency of Yes Bank are way below the pre-Covid levels and this could add to the existing stress book. Macquarie Research said in a research note that while the retail book had 97 per cent collection efficiency in the pre-Covid times, the number has fallen to 89 per cent in September 2020 post the moratorium. The similar number for SME book is 94 per cent (pre-Covid) and 83 per cent in September. "Though the ma
  • Harley Davidson, Hero Motocorp announce agreement for Indian market
    NEW DELHI, OCTOBER 27 (IANS): Harley-Davidson Inc and Hero MotoCorp, the worlds largest maker of motorcycles and scooters in terms of unit volumes, on Tuesday announced that the two will ride together in India. As per a distribution agreement, Hero MotoCorp will sell and service Harley-Davidson motorcycles, and sell parts and accessories and general merchandise riding gear and apparel through a network of brand-exclusive Harley-Davidson dealers and Hero's existing dealership net
  • 'J&K up for sale': Omar Abdullah slams new land law
    SRINAGAR, OCTOBER 27 (IANS): National Conference Vice President Omar Abdullah on Wednesday hit out the new land laws notified by the Centre for Jammu and Kashmir, and Ladakh, terming it a "deceit" and a "wanton breach of trust". Calling the J&K Development Act, which has come into force with immediate effect, as hostile to the interests of the people of Jammu, Kashmir and Ladakh, Abdullah, a former Jammu and Kashmir Chief Minister, contended that the amendmen
  • Era of scams in thousands of crores is behind us, says Modi
    NEW DELHI, OCTOBER 27 (IANS): Prime Minister Narendra Modi, in a seeming dig at the Congress-led UPA government, on Tuesday said that the era of corruption running into thousands of crores is behind us. He, however, urged the agencies to work in synergy and called for systematic checks against corruption. Modi said corruption hurts development. He was speaking at the inauguration of a conference on Vigilance and Anti-Corruption. "In the past decades, we have seen that when o
  • Hizb chief Salahuddin among 18 more declared terrorist under UAPA
    NEW DELHI, OCTOBER 27 (IANS): Government has declared 18 more individuals as terrorists under the Unlawful Activities (Prevention) Act, 1967 including Hizbul Mujhadeen chief Syed Salahuddin involved in the Mumbai terror attack as well as the IC 814 hijacking. The MHA in a statement said that under the strong and iron-willed leadership of the Prime Minister, the central government had amended the Unlawful Activities (Prevention) Act, 1967 in August 2019, to include the provision of d
  • Bihar phase 2 polls: 495 'crorepati' candidates in fray
    NEW DELHI, OCTOBER 27 (IANS): Out of 1,463 candidates in poll fray for the second phase of the Bihar Assembly elections, 495 are 'crorepatis (millionaires)', a report claimed on Tuesday. The report was released by the Bihar Election Watch and the Association for Democratic Reforms (ADR) after analysing the self-sworn affidavits of all the 1,463 candidates, who are contesting in the Bihar Assembly Elections Phase II. The second phase of the polls scheduled in the 94 Assemb
  • U.S. warns of threat posed by China, signs military pact with India
    NEW DELHI, October 27 (Reuters): The United States and India signed a pact to share sensitive satellite and map data on Tuesday as U.S. Secretary of State Mike Pompeo warned of the threat posed by an increasingly assertive China. Pompeo, who arrived in New Delhi on Monday along with Defense Secretary Mark Esper, said after talks with their Indian counterparts that the two countries had to work together to confront the threat China posed to security and freedom. The annual U.
  • Banners and prayers for Kamala Harris in her ancestral Indian village
    THULASENDRAPURAM, October 27 (Reuters): A big banner of U.S. vice presidential candidate Kamala Harris welcomes visitors to Thulasendrapuram, a lush, green south Indian village that is praying for her Democratic Party's victory in the Nov. 3 presidential election. The village, located about 320 km (200 miles) south of the city of Chennai, is where Harris's maternal grandfather was born more than a century ago. Its residents beam with pride at what the first U.S. sena
  • India lacks enough monitoring stations to quantify air pollution crisis: Experts
    NEW DELHI, OCTOBER 27 (IANS): With Delhi facing another tryst with the air pollution, several environmental experts believe that the problem goes beyond the national capital and that the country needs to ramp up the number of air quality pollution monitoring stations to quantify the problem and prioritize the areas which require immediate attention. As per the data of the Central Pollution Control Board, there are 793 operating stations in 344 cities and towns. Currently, the cou
  • Delhi riots: Court dismisses Jamia student Tanha's bail plea
    NEW DELHI, OCTOBER 27 (IANS): A Delhi Sessions court has dismissed a bail application of Jamia Millia Islamia student Asif Iqbal Tanha, who was arrested under the UAPA on charge of hatching a conspiracy to organise the riots in north-east Delhi in February. His counsel told the court that the applicant had not indulged in any conduct or offence punishable under the stringent Unlawful Activities (Prevention) Act, while the prosecution claimed that the UAPA provision were applicable a
  • Flipkart Group garners 68% of Rs 29,000cr festive sales: Report
    NEW DELHI, OCTOBER 27 (IANS): Riding on a shopping surge in smaller towns and cities, Flipkart Group emerged as overall leader during the week-long festive sales, accounting for 68 per cent of the total sales as the country saw a massive 55 per cent (year-on-year) growth with $4.1 billion (nearly Rs 29,000 crore) goods being sold across ecommerce platforms. This figure was $2.7 billion for the seven-day festive sales period last year. Flipkart Group and Amazon together accounted
  • India, US clinch defence pact on satellite data as Pompeo, Esper hold talks
    NEW DELHI, October 26 (Reuters): India will sign a military agreement with the United States for sharing of sensitive satellite data, the defence ministry said on Monday, as the two sides began a top-level security dialogue aimed at countering China's growing power in the region. U.S. Secretary of State Mike Pompeo and Defense Secretary Mark Esper flew into New Delhi for talks with Indian leaders at a time when India is locked in its most serious military standoff with Chin
  • US will give India access to its satellite network  
    New Delhi, October 26 (IANS): Indian military is set to get access to the giant satellite network of the United States allowing it to target enemy positions with more precision. India and US militaries have decided to ink a deal to share real-time geospatial intelligence, information on maps and satellite images for defence. India will sign a contract with the US for Basic Exchange and Cooperation Agreement for Geo-Spatial Cooperation (BECA) during 2+2 ministerial dialogue on Tue
  • US Secretary of State Pompeo in India on first leg of Asia trip
    NEW DELHI, October 26(Reuters): US Secretary of State Mike Pompeo landed in India on Monday, the first leg of a five-day Asian trip aimed at strengthening strategic ties in the face of growing Chinese influence across the region. Pompeo was met at New Delhi airport by U.S. Ambassador Kenneth Juster, according to a pool report. Pompeo is due to meet India's Foreign Minister Subrahmanyam Jaishankar on Monday evening, before he and U.S. Defense Secretary Mark Esper hold a j
  • Hindutva 'applicable' to 1.3 billion people: Bhagwat 
    New Delhi, October 25 (IANS): Rashtriya Swayamsevak Sangh Sarsanghchalak Mohan Bhagwat on Sunday claimed that 'Hindutva' as an "expression of our identity" was applicable to 1.3 billion people living in the country. "Hindutva is a word expressing our identity along with the continuity of spirituality-based traditions and an entire wealth of value system in the land of Bharat. Therefore, this word is applicable to all the 1.3 billion people," Bhagwat said
  • Domestic airlines to fly 12,983 flights per week this winter
    NEW DELHI, OCTOBER 25 (IANS): The Directorate General of Civil Aviation has approved 12,983 domestic flights for the winter schedule, 44 per cent lower than the number of domestic weekly flights during the last winter schedule. The winter schedule begins on Sunday, October 25 and would go on till March 27. During the previous winter schedule, a total of 23,307 flights were allowed in a week. Indigo will fly 6,006 flights per week and Spicejet will fly 1,957 flights as per the sch
  • Dussehra in the shadow of Covid, air pollution
    New Delhi, October 25 (IANS): 'Dussehraa', the penultimate day of Navratri when Ravan is set on fire, is being prepared in the national capital with smaller Ravans, controlled crowd and a lesser fervor this time. Some have even called off the event this time, given the Covid-19 situation and the rising air quality woes. In the capital's Ram Lila maidan, pink faced Ravan, Kumbhkaran and Meghnad effigies are being readied. Relatively smaller in size, the organizers also ha
  • Digitisation utmost requirement for Indian logistics sector
    NEW DELHI, OCTOBER 25 (IANS): As the Indian logistics sector returns to normal operations after being severely impacted by the pandemic and the lockdowns, sector players feel that digitisation is the need of the hour for the segment. They are of the view that the National Logistics Policy which is currently under works would digitally integrate all stakeholders and the processes involved in the operations. "The foremost expectation from the National Logistics Policy is a dig
  • With spike of over 50k cases, India's Covid-19 caseload reaches 78,64,811
    New Delhi, October 25 (IANS): With a spike of 50,129 Covid-19 cases and 578 deaths in the last 24 hours, India's overall infection tally and the death toll increased to 78,64,811 and 1,18,534, respectively, on Sunday, according to the Health Ministry. Presently, there number of active cases stand at 6,68,154 after a decrease of 12,526 in the last 24 hours. On the other hand, the total recoveries have reached 70,78,123, of which 62,077 were cured and discharged in last 24 hour
  • India seeks health worker database for possible COVID-19 vaccination
    MUMBAI/BHUBANESWAR, October 23 (Reuters): India is urgently preparing a database of all government and private health personnel to quickly vaccinate them against the novel coronavirus once it is safe to do so, health authorities said on Friday. Prime Minister Narendra Modi has promised to provide any successful vaccine to each of India's 1.3 billion people, but frontline health workers would be the first to get the shots. The Ministry of Health and Family Welfare is aiming to