The fall in reserves was due to a sharp fall in foreign currency assets.
IT and pharma companies again save the day; mask pain in domestic consumption.
The BJP wants to win a state where it has been out of power for 15 years. The Congress wants to make its mark in a state where it has been a bit player for nearly 30 years. And the BSP wants to recapture power it lost 5 years ago.
An ambitious project to awaken a sleeping giant of Asian soccer looks like confirming Nobel laureate Amartya Sen's famous remark that India pricks up its ears only when comparisons with China are made. With China embarked on a multi-billion dollar mission to become a soccer superpower by 2050, India looks set to follow suit with its own plan to raise its status in the game to match its burgeoning economic power. Come October, India, most famously described as soccer's sleeping giant by former FIFA president Sepp Blatter, will launch a programme to engage more than 11 million children in soccer-related activities.
An objective observer can indeed see the improvement in all the social parameters in Brazil, but for the citizen the state of infrastructure, public transport, education and health is dissatisfying. Some of that pent-up frustration has led to the current protest, says B S Prakash
Sreehari Nair is *not* impressed by this lot of films at all.
While inaugurating the leadership summit of the US-India Business Council in Washington, DC, US Vice President Joe Biden said that there was no reason why the two largest democracies in the world should not continue to have a more productive relationship. Aziz Haniffa/ Rediff.com reports.
Brothers is loud, over-the-top and an exhausting watch, says Raja Sen.
India, China and other countries that have been cutting their oil imports from Iran have reached a point where it is "very very difficult" to reduce any further without seriously impacting their economies, US Secretary of State John Kerry has told lawmakers.
'In the 30 years since the Ayodhya movement began, the RSS has created a generation of Hindus who are the mirror image of those fanatic Muslims who take to the streets at the slightest, even imagined, 'insult to Islam,' argues Jyoti Punwani.
Promoter holding in family-owned firms up 70 bps since 2005, 240 bps since 2010.
The characters drawn for the 2016 film have an edge that wasn't present in the 1967 version. This is perhaps why The Jungle Book has been given an U/A certificate in India. For once, Pahlaj Nihalani may be right, feels Aseem Chhabra.
Sensex lacklustre, bluechips in focus.
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
Vir Das' commencement address to graduates of Knox College is the best advice you'll read today.
Prime Minister Narendra Modi has made a stunning entry into the top 10 list of Twitter users with a vast following, rocketing to the #2 spot.
Sensex eneded lower on poor perfromance by financials and IT stocks.
Headphone parties herald a silent dance revolution after strict noise pollution laws threatened to stifle Goa's legendary party scene.
The Honda Navi ushers in an entirely new class of two-wheeler in the country. But will its radically different positioning prove to be its undoing too, or will it stand up tall against the wildly popular Honda Activa 3G, the scooter it shares its heart with?
No, I haven't made a mistake in the title. The age-old saying, 'Winners don't do different things. They do things differently,' made famous by Shiv Khera in his book You Can Win, is, in my opinion, wrong.
Triumph Tiger 800 XCx is fantastic in the city, supremely comfortable on the highway and surprisingly easy to ride fast in the dirt, says Benjamin Gracias.
The best analysis of politics does not come out of air conditioned newsrooms, but from the voices on India's streets. Rakesh Kumar Singhal -- once an army jawan, then an ONGC employee, then a tea shopwallah -- reveals why he left the Congress for Modi.
'I have always been told 'thoda sa aur, thoda sa aur.' 'That's why I was always hamming.'
A big part of October's charm is in its taking of a cinematic tragedy and presenting to us how we may experience it in real life, says Sreehari Nair.
'We eat first, they later; we sit on chairs and they on the floor; we call them by their names and they address us by titles,' writes Tripti Lahiri, author of Maid in India.
Asia has opened largely in the green ahead of a raft of Chinese data due during the day.
'How much fashion she used to do.' 'Now all gone in the water!' 'All good things have to come to an end.' 'And all bad things have come to an end.'
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
Jnanpith awardee Girish Karnad and Bharatiya Janata Party Member of Parliament Prathap Simha have allegedly received death threats on social media as the controversy rages in Karnataka over the birth anniversary celebrations of 18th century Mysore ruler Tipu Sultan.
Rediff.com takes a look at drones as they engage in activities you'd never thought you'd see.
'In Boyhood, I saw the father that I had been to my son: Not always perfect, but never giving up on the child I helped to bring to this world.'
The White House on Wednesday released its annual collection of some of the most interesting photographs of President Barack Obama and his family.
Diu, along India's west coast, is one of the most beautiful and serene places in the country says a Rediff reader
Launches of new homes reduced drastically this year.
'People are tense. The morale of the perpetrators of the Kaliachak attack is very high.' 'People there fear that if the arsonists there could burn the police station today, they can burn the courts tomorrow; they will burn the collectorate.'
A round-up of our favourite photographs from the week gone by
The company's buy of Concur will strengthen its position in cloud computing
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
The party will need organisation, preparation, funding and ideological clarity, says Aditi Phadnis
'Public dissent is the highest public duty and I will continue to speak out,' says Harsh Mander.
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