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Economy

Sensex drops 150 points ahead of RBI board meet

Finance minister Arun Jaitley will address the RBI board to highlight the key points of the interim budget, including the fiscal consolidation roadmap.
IL&FS building in Mumbai | Abhijit Bhatlekar/Bloomberg News

IL&FS crisis threatens savings of employees in wayward pension trusts

Several pension trusts invested in IL&FS because it was considered ‘safe’. So far, the losses are unclear as 200 trusts haven’t filed their returns to EPFO.
Pedestrians and traffic move past buildings in Mumbai

Hedge fund operator plans $1 billion India-focused ESG fund

Avendus expects to raise $1 billion over two years with its ESG fund and sees around 70 percent of that money coming from overseas investors.
The Infosys Ltd. campus in Bengaluru

Public sector firms join tech giants to keep share buyback alive

Rush to return excess cash to investors is driven by tax efficiency of buybacks over dividends, declining share values & a slowing global economy.
Illustration by Soham Sen

Indian Airlines defined flying for three generations post-Independence

Despite chronic delays and unexciting food, Indian Airlines was a brand Indians were close to.
Yes bank

Yes Bank under fire from RBI for making confidential report public

RBI said that Yes Bank's selective disclosures from an audit report by the RBI was a 'deliberate attempt' to mislead the public. Mumbai/Singapore: Yes Bank...
A pedestrian walks past the Bombay Stock Exchange (BSE) building in Mumbai

Markets take a hit after PM Modi vows retaliation to Pulwama terror attack

The Sensex recorded its worst week in four months after Prime Minister Narendra Modi said the nation will give a befitting reply to terrorists.

Alibaba-backed Paytm wants to cash in on Amazon’s India distress

Paytm founder Vijay Shekhar Sharma says their focus is on growing the market by converting offline partners to online retail.

Pilot shortage is said to cripple Indigo, Asia’s biggest budget airline

Indigo scrapped as many as 49 flights on Wednesday
Jet Airways

Ailing Jet Airways gets lifeline in debt swap deal with lenders

Jet Airways, which needs Rs 85 billion to help it get back on its feet, will be revamped, with banks becoming the biggest shareholders of the company. 

OnCamera

A still from Total Dhamaal | Facebook

Total Dhamaal review: An exercise in mediocrity that would make mediocre look better

The third instalment in the Dhamaal series has all the animals and actors in the zoo but not one funny bone.
indus

Can India hurt Pakistan with new Indus dams or Modi govt hyping old project after Pulwama?

In wake of the Pulwama terror attack, union minister for water resources Nitin Gadkari tweeted Thursday that India will “stop its share of water which used to flow to Pakistan”.

Defence

Muslims beat posters of Jaish-e-Mohammed chief Masood Azhar during a protest against Pulwama terror attack, in Ahmedabad on February 15, 2019

Pakistan govt takes control of Jaish-e-Mohammed headquarters in Bahawalpur

The move came a day after the powerful UN Security Council put pressure on Pakistan to rein in militant groups operating from its soil.
National Interest

Suicidal Pakistan should know Modi may not be scared of its nuclear button

Pakistan has taken too much of a chance with Pulwama — with the wrong government in India, and at the wrong time.