Severely admonishing the RBI and the PMO, the Central Information Commission has again directed them to disclose the list of wilful defaulters and former RBI Governor Raghuram Rajan’s letter on bad loans. The panel pulled up the PMO for not complying with its directive to disclose the letter from Dr. …

Total textile and apparel exports grew 38% in October The textile and apparel sector seems to have seen a revival, going by export performance in October this year. Apparel exports grew 54% in rupee terms in October compared with the same month last year; in dollar terms it was 36% …

Research will unravel the specialities of Assam teas, says an official A genome study project initiated by the Tea Board of India, to establish the origins and speciality of Indian teas, has now reached an advanced stage. The study is being conducted on Assam teas to establish it as a …

‘Though China is ahead in scale, trade wars spur de-risking’ Indian industry may well stand to gain from the fallout of the U.S.-China trade war, if the country plays its cards right, says Wheels India MD Srivats Ram . He dwells on the opportunities at hand and how challenges still …

Firm develops metal-air battery to deliver higher mileage If you ever get stuck at a traffic signal near the verdant campus of the Indian Institute of Science (IISc) in Bengaluru and see a fellow commuter driving a white Mahindra e2o Plus electric vehicle covered with stickers, don’t mistake him for …

In pre-GST era, the industry was struggling to add value to its customers, compared to global peers It has been 15 months since the rollout of what is considered one of India’s biggest tax reforms — the Goods and Services Tax (GST). But, we are already witnessing a major positive …

Section 13 of the RBI Act gives Governor the deciding vote Monday’s meeting of the Reserve Bank of India’s Central Board will be as important for the actions taken as for the fact that it’s the first time the body has met since the ‘RBI vs Finance Ministry’ tussle broke …

New Delhi feels that Beijing will focus on food security by diversifying imports in view of trade war As the trade war with the United States continues to bite — with only a slim chance that the world’s two biggest economies can go past a possible truce — China appears …

The extent of independence of the ratings committee and quality of analysis warrant close watch The IL&FS saga has brought the spotlight back on credit ratings agencies for all wrong reasons. The last time such a situation arose was in late 2015, when auto ancillary company Amtek Auto defaulted on …

Tatas seem keen on Jet, due diligence may be over: analysts A deal to acquire Jet Airways may be in the making, now that Tata Sons has clarified that it is holding preliminary discussions with Jet Airways for a possible investment in one of India’s once-high-flying airlines. Analysts expect an …

British PM asserts she would not be distracted from talks British Prime Minister Theresa May said on Sunday that toppling her would risk delaying Brexit and she would not let talk of a leadership challenge distract her from a critical week of negotiations with Brussels. Since unveiling a draft divorce …

An all-party conference convened by President Maithripala Sirisena on Sunday ended without an agreement, prolonging the political crisis that has gripped Sri Lanka for over three weeks. Mr. Sirisena called for a meeting of all party representatives on Sunday, in the wake of a political deadlock following a no-confidence motion …

The U.K. is “concerned” at certain aspects of China’s Belt and Road Initiative (BRI) and is keen to work with countries like India and Australia so that everyone gets the opportunity for “our own belts and our own roads” and not just one, said Tom Tugendhat, MP and Chair of …

To meet the government halfway, the RBI may take some steps to boost loans to the MSME sector that had been badly hit by the demonetisation exercise, and which the government is keen to support in an election year. However, it is to be seen how much RBI can do, …

Too young to fend for themselves, the year-old siblings will have to be captured and studied before a decision on their relocation is taken Maharashtra is faced with the question of how to rehabilitate the two year-old cubs of Avni, the alleged man-eating tigress of Pandharkwada, who was killed on …

Socially and Educationally Backward Class category created for the purpose The Maharashtra Cabinet on Sunday cleared the decision to extend reservation to the Maratha community by creating a new category called Socially and Educationally Backward Class (SEBC) on the recommendations of the State Backward Class Commission. Chief Minister Devendra Fadnavis …

Governor’s rule, imposed under Section 92 for six months, expires in the State on January 19.Jammu and Kashmir Governor Satya Pal Malik said on Sunday that the State was all set for President’s rule in January as there were no plans to dissolve the Assembly yet.Since J&K has a separate …

Pace likely to pick up before deadline ends next month; 175 applications challenging inclusion received About 4.5 lakh of the 40,07,707 people excluded from the draft National Register of Citizens in Assam have reapplied for inclusion in the list. Simultaneously, the authorities have received 175 applications challenging the inclusion of …

Rs. 2.1 lakh crore stake sale done in the last four years alone, data show The NDA government, led by Prime Minister Narendra Modi, accounts for a whopping 58% of all the disinvestment that has taken place since 1991, an analysis by The Hindu of data released by the Department …

Easing of PCA framework on the cards at board meeting The Union government may not invoke Section 7 of the RBI Act to issue directions to the central bank, in a bid to reduce the tension between North Block and Mint Road, sources privy to the government’s thinking told The …