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700-km Brazil 'megaflash' sets lightning record: UN

A single lightning flash stretched more than 700 kilometres across Brazil last year -- equivalent to the distance between Boston and Washington DC -- has created a new world record for the longest......

Organisers reveal: What to expect from 'Howdy Modi'

The mega 'Howdy Modi!' diaspora event in Houston on Sunday to greet Prime Minister Narendra Modi and President Donald Trump would provide the world a glimpse of the contributions of......

Jack Ma goes on first foreign tour since China crackdown

Jack Ma, China's billionaire and founder of e-commerce giant Alibaba, has travelled to Europe for an agriculture study tour, his first trip abroad since he ran into trouble with the Chinese......

Sebi eases valuation norms for AT-1 bonds

Implementation of 100-year valuation norm pushed to April 2023. The Securities and Exchange Board of India (Sebi) on Monday relaxed the norms for valuing perpetual bonds. The norms, which had......

Govt mulls easing NPA norms

Move to increase 90-day window to 120 days to give more time to borrowers to service loans. Illustration: Dominic Xavier/Rediff.com The Centre is in talks with the Reserve Bank of India (RBI) and......

PSBs may find it hard to raise money on asset quality, governance concerns

While the banks have cleaned up books and the space has seen consolidation after the merger exercise, the impact of big-ticket frauds of the past and the bad-loan burden remain an issue.......

A 94-year old bank is part of history now; Lakshmi Vilas Bank becomes DBS India

Tamil Nadu-based Lakshmi Vilas Bank (LVB) with pre-independence lineage on Friday lost its identity after its merger with the Indian subsidiary of Singapore's DBS Bank. The debt-ridden 94-year old......

Nadal, Federer set to make return at this major event

Nadal to make injury return at Madrid Open IMAGE: Rafael Nadal trains at his Rafa Nadal Academy in Mallorca. Photograph: Rafael Nadal/Instagram Australian Open champion Rafael Nadal will make......

PV Sindhu claims Swiss Open crown, Prannoy finishes second

Photograph: Kind courtesy Uwe Zinke/Swiss Open Ace Indian shuttler P V Sindhu clinched her second women's singles title of the season with a straight game win over Thailand's Busanan......

Sindhu, Prannoy enter Swiss Open final

Photograph: Kind courtesy Uwe Zinke/Swiss Open Double Olympic medallist P V Sindhu and HS Prannoy dished out scintillating performances to make their way to the women's and men's singles finals......

Sindhu, Prannoy enter Swiss Open semifinals

IMAGE: India's P V Sindhu is seeded second in the tournament. Photograph: BWF/Twitter Double Olympic medallist P V Sindhu and H S Prannoy stormed into the semifinals of the Swiss Open......

Saina knocked out of Swiss Open

IMAGE: Saina Nehwal was ousted in the second round. Photograph: PTI Indian shuttler Saina Nehwal exited the Swiss Open after losing her women's singles second round to lower-ranked Kisona......

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