The default
Reuters The default "might destroy the ironclad guarantee reputation of central government-owned issuers"

China sees first default on bond by state-owned firm


A power company in China failed to make an interest payment on a bond on Tuesday marking the fir... »

Indo MIM to invest ₹100 cr in India to make medical devices

Our Bureau

Indo US MIM Tec, a supplier of precision-engineered products using metal injection mouldi... »

Uber driver in US charged with assault after ramming cyclist


An Uber driver in San Francisco has been charged with assault after ramming into a cyclist who w... »

Japan PM aims to improve ties with China


Japanese Prime Minister Shinzo Abe said ahead of his trip to a leaders' summit in Jakarta that h... »

New fad: business networking on the run


Sweatworking, the growing practice of meeting clients for a walk, a run or a fitness class, is... »

China and Pakistan launch economic corridor plan worth $46 bn

Pakistani Prime Minister Nawaz Sharif receiving Chinese President Xi Jinping at Prime Minister's Office in Islamabad on Monday.


China and Pakistan launched a plan on Monday for energy and infrastructure projects in Pakistan worth $46 billion, linking their economies and underscoring China's economic ambitions in Asia and b... »

PM Renzi says Italy, Malta rescuing 2 migrant boats in distress


Italy and Malta are working to rescue two migrant boats in distress in the Mediterranean, Prime Minister Matteo Renzi said on Monday, after hundreds were feared dead in a shipwreck over the weeken... »

Opposition candidates concede defeat in Cuban local elections


Two dissident candidates have conceded defeat in Cuban local elections that offered them a chance to become the first officials elected from outside the Communist Party in 40 years. Hilde... »  

Hindu temple vandalised in US, offensive images painted


A Hindu temple in the US state of Texas has been vandalised with offensive images spray-painted on its walls, the third such incident in the country this year. The number ‘666’ and an ups... »

Tsunami warning after strong quake hits Japan, Taiwan

Japan Meteorological Agency's earthquake and volcano observations division director Koji Nakamura (not in picture) points on the map showing the quake centre (star mark) during a news conference in Tokyo April 20, 2015.


A tsunami as big as three feet was reportedly forecast to hit islands in Japan’s far south today after a 6.6 magnitude earthquake struck off eastern Taiwan. National broadcaster NHK»

US agrees to re-start talks on social security with India

Amiti Sen

The US is finally ready to start talks with India on a bilateral totalisation pact after years of stalling negotiations on the ground that the social security systems of the two countries w... »

China again cuts reserve requirement ratio to spur growth


China will lower banks’ reserve requirement ratio (RRR) by one percentage point for a second time this year in a bid to increase funding for private sector investment to spur growth as the world’s... »

Ties with Rajaratnam not proof of quid pro quo: Rajat Gupta

A file image of Rajat Gupta


India-born former Goldman Sachs director Rajat Gupta seeking to set aside his conviction on insider trading charges has said his friendship with jailed hedge fund founder Raj Rajaratnam does not p... »

Russia to invest $2 bn to build 1,100-km pipeline in Pakistan


Russia will invest $2 billion in Pakistan to build a 1,100-kilometre pipeline from southern port city of Karachi to Lahore to transport liquefied natural gas. “Pakistan and Russia have fi... »

Japan population falls to 15-year low


Japan’s population has shrunk for the fourth year running, falling back to a level it was last at in 2000, with more than one in four people now aged 65 or older, the government said.The po... »

Amazingly intact World War II aircraft carrier found in Pacific

India to get Canadian uranium from 2nd half of 2015

Hinduism not a religion but a way of life: Modi in Canada

Lafarge, Holcim detail US disposals ahead of merger

WikiLeaks creates online archive of hacked Sony documents

Modi courts Canadian banks, insurers, pension funds

China feels awkward over Mumbai terror attack: official

Unilever Q1 sales better than expected

British public bets royal baby will be a blonde girl

A file photo of William and Kate, with their baby boy, George

Press Trust of India

Kate Middleton will give birth to a blonde-haired girl called Alice on April 25, weighing over 3kg, according to the instincts of the British betting public. Despite the fact that the roy... »

Buyer deals, seller mergers show changing dynamics in LNG market


Nothing shows the changing nature of the global liquefied natural gas (LNG) market than the creation of super-sized producers and buyers. The $70 billion merger of Royal Dutch Shell and B... »

China stocks surge as central bank cuts reserve requirement

Investors talk in front of an electronic board showing stock information filled with red figures indicating rising prices, at a brokerage house in Taiyuan, Shanxi province, China. File photo


China stocks rose on Monday after the central bank cut banks' reserve requirements to combat slowing economic growth, helping to ease fears that regulators were set to crack down on riskier tradin... »

Asia slips, China stocks erase stimulus-triggered gains

Investors talk in front of an electronic board showing stock informations at a brokerage house in Kaifeng, Henan province, China.


An index of Asian shares slipped on Monday and Chinese stock markets erased earlier sharp gains made after China's central bank boosted banks' lending power by reducing their reserve requirements. »

Chinese companies lead the global IPO chart

Maulik Tewari

Unlike in India, the Asian IPO (initial public offering) market is in fine fettle. Asian companies accounted for around 60 per cent of the new issues last fiscal, raising $101 billion. Ove... »

IS shows purported executions in Libya of Ethiopia Christians


The Islamic State jihadist group today released a video purportedly showing the executions of some 30 Ethiopian Christians captured in Libya. The 29-minute video purports to show militant... »  

700 people feared dead in Mediterranean shipwreck


Seven hundred people are feared to have drowned when a fishing boat smuggling migrants to Europe capsized off Libya, the UN’s refugee agency said today, in what could be the deadliest Mediterranea... »

Putin says he is ready to work with United States

Russian President Vladimir Putin


Russia has key interests in common with the United States and needs to work with it on a common agenda, Russian President Vladimir Putin said on Saturday in a television interview. In his... »

China fines Alibaba $129,000 for pricing violations



China's e-commerce giant, Alibaba Group, has been fined 800,000 yuan ($129,000) by the price bureau in eastern Zhejiang province for violations by third-party sellers during promotions on its e-co... »

Australian police foil imminent terror attack; 5 arrested


A sinister Islamic State-inspired plan to carry out an attack using “edged knives” at a ceremony here commemorating martyred soldiers was foiled today with the Australian police arresting five tee... »

Rolls-Royce wins $9.2 bln engine order from Emirates

Visit will herald a new era in India-Canada ties: Modi

Nestle first quarter sales up more than expected

World Bank should join AIIB in syndicated loans: Japan

UN chief calls for immediate cease-fire in Yemen

Deutsche upgrades Rolta India bonds,disputes short-seller report

Additional search area for MH370 may take up to a year

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