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Fresh twist in Tata-Mistry tussle: Hours after SC orders status quo on shares, SP group says 'time to separate'
Business

Fresh twist in Tata-Mistry tussle: Hours after SC orders status quo on shares, SP group says 'time to separate'

This development comes just hours after the Supreme Court restrained till 28 October the SP group and Cyrus Mistry from pledging or transferring their shares in Tata Sons Pvt Ltd

India reports 7,466 COVID-19 cases, 175 deaths in 24 hours; Jan-March GDP figures paint a gloomy picture ahead
India

India reports 7,466 COVID-19 cases, 175 deaths in 24 hours; Jan-March GDP figures paint a gloomy picture ahead

The number of COVID-19 cases in India climbed to 1,65,799 while toll reached 4,706 with the country registering over 7,000 new cases on Friday

COVID-19 Impact: GDP growth dips to 3.1% in Jan-Mar quarter, slowest growth in 8 years; economy grows at 4.2% in FY20
Business

COVID-19 Impact: GDP growth dips to 3.1% in Jan-Mar quarter, slowest growth in 8 years; economy grows at 4.2% in FY20

The gross domestic product (GDP) had expanded by 5.7 percent in the corresponding quarter of 2018-19, according to data released by the National Statistical Office (NSO) on Friday.

Coronavirus Lockdown: GDP data set to show economy grew at its slowest pace in 2 years in March quarter, says report
Business

Coronavirus Lockdown: GDP data set to show economy grew at its slowest pace in 2 years in March quarter, says report

Unlike some advanced economies, India’s stimulus package has largely focussed on subsidised credit to small businesses and farmers, while direct fiscal stimulus was limited to around 1 percent of the GDP, economists said.

S&P affirms BBB plus rating of Reliance Industries on disciplined spending, resilient earnings
Business

S&P affirms BBB plus rating of Reliance Industries on disciplined spending, resilient earnings

Rating agency S&P Global has affirmed its 'BBB+' rating with a stable outlook on Reliance Industries (RIL), saying the company's leverage is poised to improve and stabilise over the next 12-24 months owing to disciplined spending, asset monetisation, and resilient earnings

Coronavirus outbreak: S&P says pandemic to deteriorate asset quality of lenders; cuts Axis Bank, ICICI Bank outlook
Business

Coronavirus outbreak: S&P says pandemic to deteriorate asset quality of lenders; cuts Axis Bank, ICICI Bank outlook

Kotak Mahindra Bank's robust capitalisation, strong management, and better than peers asset quality was also appreciated while affirming the ratings.

Coronavirus impact: S&P cuts India's GDP growth forecast for FY21 to 5.2% from earlier estimate of 6.5%
Business

Coronavirus impact: S&P cuts India's GDP growth forecast for FY21 to 5.2% from earlier estimate of 6.5%

S&P Global Ratings on Monday cut its estimate for India's GDP growth in the fiscal starting April 1 to 5.2 percent from its earlier estimate of 6.5 percent, as it saw the outbreak of coronavirus costing economies around the globe

Yes Bank insolvency may tighten credit market, widen economic pain in India: S&P Global Ratings
Business

Yes Bank insolvency may tighten credit market, widen economic pain in India: S&P Global Ratings

S&P Global Ratings on Monday said quick resolution of Yes Bank's insolvency will keep India's banking sector contagion at bay, but as credit markets tighten there could be a possibility of wider economic pain in the country

SP leader Azam Khan, wife Tanzim Fatima and son Abdullah sent to judicial custody in fake birth certificate case
India

SP leader Azam Khan, wife Tanzim Fatima and son Abdullah sent to judicial custody in fake birth certificate case

The case relates to a forged birth certificate for Azam's son Abdullah, who allegedly gave a wrong date of birth while filing his nomination papers for the Assembly elections

S&P retains India's rating at 'BBB-' with stable outlook; says country's fiscal position remains precarious
Business

S&P retains India's rating at 'BBB-' with stable outlook; says country's fiscal position remains precarious

Global agency Standard and Poor's on Thursday retained India's sovereign ratings at 'BBB-' with stable outlook, saying the country's GDP is likely to gradually recover towards longer-term trend rates over the next two to three years

BJP slams Akhilesh Yadav for anti-CAA stand, says he should live in Pakistan to understand ‘atrocities against Hindus’
India

BJP slams Akhilesh Yadav for anti-CAA stand, says he should live in Pakistan to understand ‘atrocities against Hindus’

Hitting out at Akhilesh Yadav for opposing the NPR and the NRC, Uttar Pradesh BJP president Swatantra Dev Singh on Wednesday said the Samajwadi Party chief should stay in Pakistan for a month to understand the atrocities being faced by Hindus there.

Akhilesh Yadav says he will not fill up NPR form, claims population register, NRC are against poor people, minorities
India

Akhilesh Yadav says he will not fill up NPR form, claims population register, NRC are against poor people, minorities

Akhilesh Yadav alleged that this (CAA and NRC) was being done so that the public did not raise any questions about the poor state of the economy and basic problems

After violence during anti-CAA protests, security beefed up in UP for Friday prayers; notice to 372 for damaging public assets
India

After violence during anti-CAA protests, security beefed up in UP for Friday prayers; notice to 372 for damaging public assets

A home department spokesperson in Uttar Pradesh on Thursday put the death toll at 19 in the violence, which left 288 policemen injured.

UP Shia Central Waqf Board says Indian Muslims face no threat from NRC, protests against its implementation are a 'conspiracy'
India

UP Shia Central Waqf Board says Indian Muslims face no threat from NRC, protests against its implementation are a 'conspiracy'

Favouring implementation of the National Register of Citizens (NRC), the Uttar Pradesh Shia Central Waqf Board on Thursday said Indian Muslims do not have any threat from it

Anti-CAA protests: Ashok Gehlot leads 'Samvidhan Bachao rally' in Jaipur, says amended law seeks to divide people in name of religion
India

Anti-CAA protests: Ashok Gehlot leads 'Samvidhan Bachao rally' in Jaipur, says amended law seeks to divide people in name of religion

Members of different political parties including CPI, CPI(M), AAP, SP, RLD and JD(S), large number of people from minority communities, civil society, intellectuals and youths, participated in 'silent march'

Chinese president Xi Jinping says Beijing wants trade deal with US, but is not afraid to 'fight back'
World

Chinese president Xi Jinping says Beijing wants trade deal with US, but is not afraid to 'fight back'

Reinforcing the upbeat tone adopted by China in recent days, Xi Jinping told a visiting US business delegation that China holds a 'positive attitude' toward the trade talks.

Donald Trump invites Xi Jinping to US to sign phase one of trade agreement, says top White House official
World

Donald Trump invites Xi Jinping to US to sign phase one of trade agreement, says top White House official

Trade talks between the world's two largest economies began last November but have not yielded desired results even after more than a dozen rounds of negotiations in both Beijing and Washington.

Campaigning ends for 21 Oct bypolls to 51 Assembly seats, two Lok Sabha constituencies across 18 states, including UP, Gujarat, Bihar
Politics

Campaigning ends for 21 Oct bypolls to 51 Assembly seats, two Lok Sabha constituencies across 18 states, including UP, Gujarat, Bihar

The BJP and its allies, which had nearly 30 of these assembly seats, are hoping that the winning momentum of Lok Sabha polls will continue.

At Pratapgarh rally, UP BJP chief Swatantradev Singh accuses SP, BSP govts of promoting casteism, corruption
Politics

At Pratapgarh rally, UP BJP chief Swatantradev Singh accuses SP, BSP govts of promoting casteism, corruption

Singh made the remark while addressing an election rally at Pratapgarh to seek support for joint BJP-Apna Dal(S) candidate Rajkumar Pal, who is contesting the 21 October assembly by-polls

Donald Trump outlines first phase of deal to end trade war with China, suspends October tariff hike
World

Donald Trump outlines first phase of deal to end trade war with China, suspends October tariff hike

Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspended a threatened tariff hike, but officials on both sides said much more work needed to be done.