It’s goodbye A380s as Airbus finally scraps the superjumbo jet
Deliveries of the double-decker A380 jets will stop by 2021 as Emirates, the only remaining major buyer, cut its order by 39 jets.
RBI’s think tank wants govt to form independent body to verify official data
Assumptions for economic growth & deficits made in the interim budget are subject to much debate, CAFRAL director Amartya Lahiri says.
There was major failure by rating agencies in IL&FS crisis, Parliamentary panel says
Panel questions highest rating to debt instruments of IL&FS group even when the company was highly leveraged and at the brink of default.
Indian tea sales to wilt as Kenyan crop jumps
It's all in the leaves: Kenya delivers good quality tea at a low price, while India’s tea in that category is quite expensive in relative terms.
Rupee’s unexpected rally showcases RBI’s pivot for India markets
Money from Axis Bank Ltd.’s share sale and Vodafone Plc’s investments in its India unit are supporting the rally in the rupee
Kumar Mangalam Birla taps banks for US aluminum M&A deal
Birla's Hindalco, which is part of the huge Aditya Birla Group, has put together a consortium of global banks to fund its takeover of aluminum producer Aleris Corp.
India’s top broker sees profit growth revival on policy changes
Government's policy changes to tackle sour debt may spell growth for the next three fiscal years.
A $23 billion manager sees sweet spot in India realty crunch
Investcorp Bank plans to provide structured credit to real estate sector
Ailing IDBI Bank wants another Rs 10,000 crore from new owner LIC, weeks after new funding
IDBI Bank has routed the request through the Department of Financial Services in the finance ministry.
Easing core inflation could push RBI to cut rates again
Core inflation has remained sticky at around 6% and is a key reason economists cautioned against more rate cuts after last week’s surprise easing.
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.
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
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.
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.