India

Iran offering oil cargo insurance, ships to lure Indian companies

With Indian oil companies planning to stop imports from Iran, the country has stepped up to ensure it does not lose its second-largest client.

Jul 27, 2018

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Paytm May lose competitive advantage as industry war thickens

Intense lobbying by several American card firms has forced the RBI to soften its stance on local data storage of all Indian transactions, which Paytm has been pushing for.

Jul 25, 2018

China seeks Bhutan border cooperation after India spat

Visiting landlocked Bhutan on a three-day trip, Chinese Vice Foreign Minister Kong Xuanyou said his country highly regarded its traditional friendship with Bhutan.

Jul 24, 2018

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Ramkumar Ramanathan eyes first ATP singles title; plays Steve Johnson in Newport final

The 23-year-old Indian tennis star Ramkumar Ramanathan is aiming to become the first player from India to win an ATP singles title since mentor Leander Paes prevailed in Newport 20 years ago.

Jul 22, 2018

GST Council cuts rate on over 50 products; relief for traders and consumers

Prime Minister Narendra Modi is seeking a second term in 2019 amid voter frustration over the abrupt implementation of a nationwide Goods and Services Tax (GST) a year ago that has hit businesses and general public hard.

Jul 22, 2018

Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina

India, Bangladesh security forces to discuss border issues

The bi-annual meeting of the Border Security Force and Border Guards Bangladesh is scheduled on Sunday. The two sides will discuss smuggling, illegal movement and work to resolve disputes over territories.

Jul 21, 2018

India-US 2+2 strategic dialogue scheduled for September 6 in New Delhi

The twice-deferred meeting was earlier scheduled to take place in Washington on July 6 but was cancelled due to US Secretary of State Mike Pompeo's visit to North Korea for previously unscheduled meetings. The first 2+2 meeting was to take place in April.

Jul 20, 2018

Cargo containers are seen stacked outside the container terminal of Jawaharlal Nehru Port Trust

New report finds digitisation could open up a market worth $39 billion for India

A report by Google-KPMG found that digitisation could unlock export opportunities worth $39 billion for Indian businesses in travel, media and entertainment and real estate, amongst others by 2022.

Jul 19, 2018

Facebook targets fake news; says it will take down content that promotes violence

After coming under fire from several South Asian countries, the social media giant is considering removing any post that instigates violence in a tie-up with third parties.

Jul 19, 2018

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IMF cuts India's growth projection, but it still retains world's top spot

Maury Obstfeld, International Monetary Fund's director of the Research Department, said that the rise in oil prices due to supply disruptions and geopolitical tensions have harmed importers like India.

Jul 16, 2018

When humanoid robot Sophia fell in love with 'colourful and diverse' India

Developed by Hong Kong-based company Hanson Robotics, Sofia is modelled after actress Audrey Hepburn and is known for her human-like appearance and behaviour compared to other robotic variants.

Jul 14, 2018

With US trade under a cloud, China opens market to Indian companies

China is considering opening up several markets, predominantly the pharmaceutical market to Indian companies as US trade war leaves the country's medical industry in trouble.

Jul 12, 2018

Moon Jae-in shakes hands with Narendra Modi

India, South Korea aim to more than double trade to $50 billion

President Moon Jae-in and Prime Minister Narendra Modi sign 11 agreements to double trade by 2030 in the areas of railways, healthcare, telecommunications and cybersecurity. The two nations are also keen to explore a tripartite partnership for development.

Jul 11, 2018

First Nepal-India broad gauge railway likely in December

Broad gauge service to connect Janakpur in Nepal to Jayanagar in Bihar from December. Five more tracks under construction.

Jul 11, 2018

India to 'examine' the demand of Shariat court proposal

Union Law Minister Ravi Shankar Prasad, who is on an official visit to London, said that he will look into All India Muslim Personal Law Board (AIMPLB)'s Shariat court proposal.

Jul 10, 2018

IT department sells $216 million of Vedanta shares

Cairn Energy said on Monday it would write down the value of its investment in Vedanta Ltd after Indian tax authorities sold $216 million worth of its shares in the Indian mining company in a dispute over retrospective tax dues.

Jul 10, 2018

An aircraft of India's Jet Airways lands

India puts local carriers ahead of Chinese airlines on Indo-China flight routes

Chinese carriers currently hold 83 percent of all flights between India and China. The Indian government rejected a request from China to increase the number following staunch opposition from local carriers.

Jul 7, 2018

Centre hikes new season common rice purchase price

India is set to announce a hefty increase in the minimum price it promises to pay for key crops later on Wednesday, sources said, as the government looks to woo the country's 260 million farmers ahead of elections due early next year.

Jul 4, 2018

'Horrified' at lynchings, will sanitise our platform: WhatsApp to IT Ministry

Facebook-owned WhatsApp is looking to introduce a new programme with leading IT experts in India to understand the spread of misinformation, and also work with law enforcement officials to see if they can be of help in the prevailing issue.