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Banking sector reforms and better savings discussed at Jaitley’s meeting

A renewed focus on governance reforms in banking, thrust on increasing domestic savings and social security for children, women and senior citizens were core issues at yesterday’s pre-budget consultative meeting of finance minister Arun Jait

Out in the cold: How Delhi’s homeless survive the bitter winter

 Opposite gate number two of Jama Masjid is the Urdu Park. A short walk to its main gate is along a row of hawkers selling winter wear and shoes on pavement. The park, large enough for a football match, has two tin shelters – one each f

Morning briefing: Obama hints at Pak as safe haven for new terror groups

US President Barack Obama today said both Al Qaeda and ISIS pose a direct threat to the US and "even without ISIL, instability will continue for decades in many parts of the world - in the Middle East, in Afghanistan and Pakistan, in parts of

Evening digest: US lawmakers stall sale of fighter jets to Pakistan

The US Congress has stalled a planned sale of eight new F-16 fighter jets to Pakistan. According to reports in Pakistani newspaper Dawn, the stalling reflects anti-Pakistan sentiments on Capitol Hill. The US lawmakers used clarification an

Ban on Jallikattu stays, SC notice to centre and TN

The supreme court has stayed the notification allowing Jallikattu and bullock cart races in Tamil Nadu and other states. It has been part of Pongal festivities, beginning from January 15. Jallikattu was banned by the SC in 2014. The

Facebook goes with telcos to support differential pricing

While affirming to the core principle of net neutrality, social media giant Facebook has moved with telecom operators over the issue of differential pricing of data services. It has favoured allowing differential pricing of data ser

What makes Syeda Hameed hopeful about India’s future?

A day after launching her co-edited book encapsulating the writings of legendary film-maker Khwaja Ahmed Abbas, “Bread beauty and Revolution” (Tulika Books), Syeda Saiyidin Hameed was sitting in the lawns of her Jamia Nagar home in sou

Morning briefing: Pakistan submits initial probe findings on Pathankot to India

Pakistan on Monday submitted to India its initial findings on alleged Pakistani links to the Pathankot terror attack saying that the telephone numbers given by India were not registered in Pakistan. A Joint Investigation Team, formed following a d

Evening digest: Odd-Even scheme needs supporting infrastructure: Ratan Tata

The Odd-Even scheme has worked to an extent in other countries but may require more supporting transport infrastructure here to make travel comfortable for commuters, leading industrialist Ratan Tata said today.  Tata declined to get into the

BHEL commissions 520 MW thermal power unit

Bharat Heavy Electricals Ltd (BHEL) has commissioned a 520-mw coal-based thermal power unit in Andhra Pradesh. "The unit has been commissioned at the 2x520 mw Vizag Thermal Power Project of Hinduja National Power Company Limite

Govt waives customs duty for ONGC, Oil India

The government has exempted customs duty on goods imported for producing oil and gas from 69 oil fields of ONGC and Oil India. This aims at boosting domestic production of oil and gas. “Nil customs duty will apply to goods imp

Indian Railways choose vibrant colours for semi-high speed train coaches

Indian Railway has selected ‘Vitality’, the colour scheme inspired by ‘cheetah’, the fastest moving animal, created by the National Institute of Design for the coaches of the semi-high speed trains the state-run transporter

Air India to hire over 500 type-rated pilots on contract basis

Air India will hire over 500 type-rated pilots on contract basis for the carrier’s narrow-body fleet, which is expected to grow to about 80 aircraft by March 2018. This will be one of the largest-ever pilot recruitment drives undertaken by a

Indian Oil allocates big budget to upgrade Paradip refinery

Indian Oil Corp aims to invest Rs 40 billion ($600 million) in upgrading its newest refinery in Paradip, Odisha,  after the government decided to fast track the introduction of road vehicle fuels which are compliant with Euro VI emission stan

Sharif forms high-level team to probe Pathankot links with Pak

Pakistani prime Minister Nawaz Sharif has ordered a high-profile joint investigation team (JIT) to investigate the links of the Pathankot airbase attackers with Pakistan. The assault has thrown into doubt diplomatic talks planned for later this mo

Jallikattu opens Pandora box on other celebrations

While the Centre’s notification lifting ban on bull taming sport Jallikattu during the festival of Pongal in Tamil Nadu has been challenged in the supreme court, other similar sport groups are demanding concessions. The issue will be taken u

Oil prices drop as Chinese slowdown adds to oversupply

As if the oil glut led price fall is not enough, crude oil prices fell over 2% today as China`s economic slowdown dented the outlook for demand and traders are placing record bets on even lower prices. Global benchmark Brent was dow

Morning briefing: Odd-even formula will continue till January 15, HC not to interfere

The Delhi high court has decided not to interfere with the Delhi government`s odd-even formula. The scheme will thus run till Friday (January 15). The court did ask the Delhi government to take care of concerns mentioned in all the PILs against th

A modern saint walks for a united world

Hundreds of people, men and women, from different religions and nationalities, are marching peacefully with a spiritual leader – Muslim by birth and Hindu by initiation. The padyatris are from a cross-section of the intelligentsia, mostly th

Morning briefing: Wearing army-pattern dress illegal, says army guidelines

The army on Friday asked civilians to avoid wearing Army-pattern dresses and shopkeepers to refrain from selling combat clothes, as it issued fresh guidelines to the public to prevent terror attacks. The guidelines, to be followed across the count

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