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Economy

Urjit Patel

Will strengthen banking system, RBI chief assures parliamentary panel

Patel said that after the implementation of the Insolvency and Bankruptcy Code, crisis over the non-performing assets was improving.
The Bombay Stock Exchange

Why India is a haven in this emerging-market turmoil

Experts say there's enough demand from the nation's booming middle class to render it relatively immune to external shocks. 
popular social media apps

The Indian Supreme Court judge who is making Facebook, Google and Amazon very nervous

B.N. Srikrishna is leading the effort to draft new data-privacy laws for India that will regulate how tech giants from the US and elsewhere operate in the nation of 1.3 billion. 
Latest news on oil prices

8 percent Indian bond yield is not enough to meet the demand-supply mismatch, flags pimco

Due to risks from higher oil prices, rising debt supply and a weakening currency, Pacific Investment Management Co. and Schroder Investment Management Ltd. are wary of adding to holdings in Asia’s highest-yielding major market.
A Bharat Petroleum Corp. refinery stands in the Mahul area of Mumbai

India’s demands erode 90% of once cash rich ONGC coffers

ONGC’s largest shareholder, the central government, has been tapping state-run companies including India’s biggest energy explorer to bridge its fiscal deficit.
File image of liquor bottles | Commons

Bihar booze ban: Bane for state, boon for neighbours

Since Nitish Kumar brought in prohibition in December 2015, Bihar’s neighbours Jharkhand and West Bengal have seen steady spikes in their excise revenue.
Patanjali CEO Acharya Balakrishna (left) and Patanjali founder Baba Ramdev (right)

Baba Ramdev and aide bring in cyber experts to plug Kimbho holes

While the initial release proved popular in terms of downloads, Patanjali’s first foray into technology was quickly criticised online by experts as a 'joke' and 'security disaster'.
Solar Cells

China’s new solar policy may delay India’s panel-making plans

The shift in policy next door is expected to cause a glut in global supplies and thus a fall in prices. With India's high capital cost and corporate taxes, locally made supplies can't compete.
green card

Indian immigrants could end up waiting 70 years for Green Card

As of May, there were 395,025 people waiting for a Green Card under the employment-based preference category. Of these, an estimated 78% were Indians.
Pedestrians look up at an electronic ticker board showing a budget news report outside the Bombay Stock Exchange (BSE) in Mumbai.

World’s best consumer finance firms set to gain from India’s election season

Private consumption accounts for more than half of India’s GDP but was dampened by demonetisation and the introduction of a chaotic tax structure last year. 

On Camera

A pedestrian crosses a nearly empty street in the Times Square neighborhood of New York, US | Bloomberg

We must not return to work for now. Covid’s not over yet, says a virologist in letter to son

If everyone goes back to work as soon as the ‘curve bends downwards’, it's guaranteed you'll get a second wave of infections in Europe.

Is forcing private labs to make Covid-19 tests free the only way to stop spread of infection?

The Supreme Court directed the central government to make Covid-19 testing by private laboratories free of charge Wednesday.

Defence

Col Navjot Singh Bal | special arrangement

Col Navjot Singh Bal, Shaurya Chakra awardee and icon for many, loses battle with cancer

Despite losing an arm to cancer, Col Navjot Singh Bal continued to serve in 2 Para as the commanding officer and even learnt to fire with his left hand.

Poke fun at taali, thaali, diya and mombatti all you want. Modi couldn’t care less

Modi knows who he needs to speak to, who he should toss, who he can address in kind. People accuse him of infantilising his voters, but it’s a winning strategy.