Africa

Noted playwright-actor Girish Karnad passes away at 81

Multilingual actor and playwright Girish Karnad passed away at his residence in Bengaluru on Monday, 10 June. He was aged 81.

Jun 10, 2019

A week for stock specific action while market searches for new direction

Indices are back on even keel after exit poll results triggered a choppy ride to hit record highs twice; market may remain rangebound as no new data expected.

Jun 9, 2019

IBM slashes 2,000 employees in US amid major restructuring plan

The growing trend of artificial intelligence (AI) and machine learning (ML) is resulting in massive job cuts. The boom of technological advancements is bringing more unemployment to society.

Jun 9, 2019

Lionel Messi scores a brace as Argentina beat Nicaragua in warm-up tie for Copa America

Messi-led Argentina will start their Copa America campaign in Brazil on June 15 against Colombia.

Jun 8, 2019

Brazilian footballer Neymar and his sponsors suspend ad campaigns due to rape allegations

Brazil and PSG football star Neymar Santos Jr is one of the best footballers playing the game in recent times.

Jun 8, 2019

Stop blaming red meat alone for cholesterol, white meat may be no less a villain

White meat like chicken can raise blood cholesterol as much as red meat varieties such as lamb and veal, according to the surprise finding of a California study.

Jun 8, 2019

Relief for lenders as RBI relaxes stressed asset guidelines

A circular issued in February last year required banks to initiate a resolution process as soon as a default took place.

Jun 8, 2019

DHFL default is threatening to draw in mutual fund industry as 160 MFs have exposure to DHFL papers

DHFL default threatens to snowball into big crisis engulfing NBFCs, mutual funds

Public confidence in mutual funds take a beating and inflows taper with imminent payouts facing uncertainty; NBFCs face soaring finance costs triggering liquidity crunch.

Jun 7, 2019

FIFA Women's World Cup France 2019: Preview, Schedule, Predictions and TV listings

The eighth edition of FIFA Women's World Cup is taking place at France with 24 teams contesting for the coveted trophy.

Jun 7, 2019

Narayana Murthy is thankful to Azim Premji for a Wipro job interview rejection

As Wipro chairman has announced his decision to step down from office, Murthy recalls that the rejection at their first meeting goaded him on to start his entrepreneurial journey earlier than planned

Jun 7, 2019

Ola, Uber to have 40% electric fleet by 2026?

India has been pushing forward the idea of having electric vehicles for public transport to meet its commitment to the Paris Agreement.

Jun 7, 2019

Reactions | Here's what economists take from RBI's monetary policy statement

There were varying pre-estimations by economists, bankers, corporate owners and traders on their expectations from the monetary policy committee.

Jun 6, 2019

A road sign is seen next to Bombay Stock Exchange (BSE) building in Mumbai

Market cracks as RBI fails to go beyond the expected 25 bps repo rate cut

Third successive rate reduction takes repo rate to lowest in nine years at 5.75%; change in monetary policy stance to 'accommodative' removes imminent rate rise fears but the street wants more.

Jun 6, 2019

Suman Ranganathan's marriage: Multilingual actress weds Bengaluru-based businessman in low-key event

Multilingual actress Suman Ranganathan has married business Sajan Chinnappa at a low-key event on 3 June.

Jun 6, 2019

RTGS, NEFT transaction charges scrapped; RBI directs banks to pass on benefits

As far as charges on transactions are concerned, there will be more good news for customers as the RBI declared that it was setting up a panel to review charges imposed by banks on ATM withdrawals.

Jun 6, 2019

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