Wednesday, 15 August, 2018

Economy

Vedanta Ltd.

Cairn loses $216 million Vedanta stake as Indian tax row deepens

According to Bombay Stock Exchange, Cairn held about 5 per cent stake in Vedanta as of December 31.
Freight wagons laden with coal sit at the Tori station in Jharkhand | Prashanth Vishwanathan/Bloomberg

Indian power plants not operating to full capacity as coal imports drop by 32 per cent

Modi government discouraging of thermal coal imports has been effective. But rising domestic supplies are failing to keep pace with demand.
IBM

For your pay hike this year, do well next year

Artificial intelligence is helping employers judge the potential skills and qualities each person might have in the future.
Latest news on Samsung

Samsung to open world’s largest mobile phone manufacturing centre in India today

PM Modi along with South Korean president Moon Jae-in will be inaugurating the facility in Noida at 5 pm Monday. 
Trade war

Here’s how a US and China trade war can get ugly

Trump administration currently reviewing fresh round of tariffs on Chinese goods worth $16 billion.
The 15th Finance Commission during a meeting in New Delhi | @PiyushGoyalOffc/Twitter

15th Finance Commission has a new headache: States want more funds from Modi govt

States want their share of funds from central pool to be raised to 50% from 42%.
India continues to be behind countries such as Nepal and Bangladesh when it comes to issues such as child mortality | Pixabay

Poverty figures drop by 50 million, India on way to become middle-income nation: Study

Study based on World Bank data says the drop happened in past two years, but Congress govt's NREGA scheme also played its part.
Jammu and Kashmir

Indian tourists are discovering India like never before, but there is a problem

There are fears that weak infrastructure and stretched bureaucracy could allow Indian tourist magnets to lose what makes them special. The travel habits of C...
Siam Makro

Thai billionaire’s retail unit eyes China & India expansion

Retail subsidiary CP All Pcl's cash-and-carry unit intends to open its first store in India.
Mukesh Ambani

Mukesh Ambani’s RIL takes on Amazon, Walmart in e-commerce battle

Outlining the plan at RIL AGM, Mukesh Ambani says the effort will involve the group’s Reliance Retail and Reliance Jio.

Finally, Bollywood has courage to look at Muslims as regular Indians & not terrorists

Anubhav Sinha's Mulk breaks Bollywood’s Sunny Deol-ised mould of the Muslim as a terrorist. It makes you feel an ordinary Muslim family’s fears, dilemmas and anger.