PM Modi meets officials of power utilities to tackle mounting debt

Last Updated: Monday, September 14, 2015, 15:31

The combined debt of power distribution companies (discoms) stands at over Rs 3 lakh crore. Faced with acute financial stress, many of these are unable to buy power.

PM Modi to visit Facebook HQ, may drop in at Google campus

Last Updated: Sunday, September 13, 2015, 13:25

Modi on his second visit to the US, will be visiting the headquarters of Facebook in Silicon Valley's Menlo Park for a townhall Q&A, the company's founder Mark Zuckerberg announced on Sunday.

In India, utility debts threaten Modi's power-for-all drive

Last Updated: Sunday, September 13, 2015, 09:35

States who cannot pay banks what they owe over the next few years could be forced to turn to the central government for help, putting pressure on India`s consolidated fiscal deficit.

Hong Kong probes bank deposits complainant links to Malaysia PM

Last Updated: Friday, September 11, 2015, 12:23

Hong Kong police are investigating bank deposits a complainant said were linked to Malaysian Prime Minister Najib Razak, police said on Friday, as a probe into a troubled Malaysian state investment fund widens.

PM Modi's 15-month reign: Top gainers and losers of India Inc

Last Updated: Wednesday, September 9, 2015, 19:28

Anil Agarwal of Vedanta has been the biggest loser over the last 15 months followed by the Adanis and Mukesh Ambani of Reliance Industries.

India's economic fundamentals are reasonably strong: Arun Jaitley

Last Updated: Tuesday, September 8, 2015, 15:15

“India will be among lesser impacted economies because of the global economic turmoil,” said Arun Jaitley. He said that India's economic fundamentals are reasonably strong.

PM Modi asks industry to risk and invest more; promises to improve ease of doing business

Last Updated: Tuesday, September 8, 2015, 14:02

Several industry leaders meanwhile pitched for interest rate cut saying it would help them take risks and scale up investments.

Sensex close to erasing gains since Modi came to power

Last Updated: Tuesday, September 8, 2015, 13:42

The BSE Sensex is down 16 percent from a record high touched in early March and only about 1 to 1.5 percentage points away from the levels it was trading at in late May.

PM Modi asks India Inc if China's pain can be India's gain

Last Updated: Tuesday, September 8, 2015, 13:29

The International Monetary Fund considers India`s economy a rare bright spot among emerging markets and Modi sees a chance to attract more foreign investment as money flows out of China.

PM Modi meets India Inc amid global gloom in markets

Last Updated: Tuesday, September 8, 2015, 11:21

Prime Minister Narendra Modi on Tuesday chaired a high level meeting on global economic scenario with about 40 captains of industry and leading economists at his Race Course Road residence.

Alexis Tsipras vows battle to improve bailout after Greek election

Last Updated: Monday, September 7, 2015, 08:51

In a campaign speech in the northern town of Thessaloniki, Tsipras offered no new policy ideas but pledged thousands of new jobs and an attack on corruption.