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 …