Sensex nosedives intraday before institutional buying in select index stocks restores order; sale of a HFC’s debt paper at discount by a mutual fund seen as the trigger Driven by fears about fresh defaults from non-banking finance companies and regulatory restrictions on housing finance companies, the stock markets went into …

The death toll from a landslip in the central Philippines has risen to 29, the police said on Friday, as rescuers frantically dug for survivors of the latest tragedy in the storm-hit nation. Dozens were still missing as authorities probed whether a nearby rock quarry could have played a role …

Moscow and Beijing lashed out on Friday at Washington’s new anti-Russian sanctions that also target China for the first time, warning the the United States could face consequences. President Vladimir Putin’s spokesman accused Washington of playing unfairly and using new measures to squeeze Moscow out of the global arms market, …

China on Friday warned the United States to withdraw sanctions imposed on a Chinese military organisation for buying Russian weapons or “bear the consequences” of Beijing’s response. Chinese Foreign Ministry spokesperson Geng Shuang expressed Beijing’s “strong indignation” against Washington’s move, saying it violated the basic norms of international relations. He …

PM says EU demands would ‘make a mockery’ of the 2016 referendum British Prime Minister Theresa May on Friday said her government would not alter its Brexit offer, as she hit back at the rejection of her so-called Chequers Plan by EU leaders. She insisted that the EU’s demand that …

Seen as a bid to mount pressure on the BJP-led coalition government Congress MLAs in Goa on Friday submitted a 14-day notice to the Goa State Legislature Secretary, preparatory to moving a motion for the removal of the Speaker, Pramod Sawant. The notice comes while the House is not in …

‘Should prove no job post-dismissal’ An employee has no right to back wages merely because the court has set aside his dismissal and returned his old job, the Supreme Court held in a judgment. “A workman has no right to claim back wages from his employer as of right only …

‘The State govt. is not a helpless entity’ States should not fear if a matter is pending before the Supreme Court as it is not a “man-eating tiger”, the apex court has said. “We are not a tiger or something. We are not man-eating tigers. They should not have fear,” …

Centre plans randomised monitoring by reputed government institutions The Union Environment Ministry proposes to allow research organisations and accredited agencies to monitor if companies are complying with environmental conditions. “…the Central Government proposes to introduce the concept of randomised third-party compliance monitoring of the environment clearance conditions through national-level reputed …

‘Thousands and lakhs of students want to hear about it’ Union Minister of Human Resource Development (HRD) Prakash Javadekar said on Friday that the celebration of September 29 as Surgical Strike Day in universities was not compulsory, but said such an event was decided on the advice of many students. …

Militants barged into the homes of policemen and took them away When suspected militants barged into the homes of three special police officers in Shopian in south Kashmir early on Friday morning, the unarmed men were caught unawares — one was having a bath, another had just returned from offering …

CARA decides to withdraw circular issued earlier this year Individuals in a live-in relationship will once again be able to adopt children from and within India after the country’s nodal adoption agency decided to withdraw a circular issued earlier this year disallowing them from doing so. The Child Adoption Regulatory …

Since Jammu hotline is dead at night, the force wanted a 24-hour channel of communication to resolve hostilities on the border The Border Security Force (BSF) has opened a new hotline in Delhi to communicate with the Pakistan Rangers. It was set up last month after the BSF was unable …

Roadmap to put Indian crew in space The Indian Space Research Organisation (ISRO) is setting up a third launch pad at Sriharikota to undertake the Gaganyaan manned space flight programme, an ISRO official said on Friday. In addition, ISRO is scouting for a location on the western sea coast near …

We didn’t have a choice on offset partner, says Hollande Former French President Francois Hollande has claimed that the Indian government suggested industrialist Anil Ambani’s company as the offset partner for the €7.87 bn deal to purchase 36 Rafale fighter jets. Mr. Hollande was the French President at the time …