Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be incompetent, notes T N Ninan.
In a significant policy statement on the Taliban which is making big gains in its offensive in Afghanistan, China has asked it to make a "clean break" from all terrorist forces, especially the Al Qaida-backed Uyghur Muslim militant group ETIM fighting for the volatile Xinjiang province's independence.
The Enforcement Directorate (ED) has summoned West Bengal Chief Minister Mamata Banerjee's nephew and Trinamool Congress MP Abhishek Banerjee and his wife for questioning in a money laundering case linked to an alleged coal scam in the state, officials said on Saturday.
Happy New Year! Stunning fireworks displays welcomed the New Year across the world. Take a look.
The rail services have been impacted since late Wednesday morning due to the torrential downpour, leaving scores of commuters stranded and unable to get back home.
Indian Oil Corporation (IOC), the nation's largest oil firm, has renewed a deal to buy up to 2 million tonnes of crude oil in 2022 from Russia's Rosneft, the Russian oil producer said. IOC had in February 2020 signed a deal with Rosneft Oil Company to import up to 2 million tonnes of oil via the port of Novorossiysk. In 2021, the deal envisaged supply of up to 1.7 million tonnes of crude oil but IOC bought just on parcel or shipload as the cost of transporting the oil made it uneconomical, when compared to alternatives. For 2022, the deal is for the supply of up to 2 million tonnes of oil from the Black Sea port of Novorossiysk.
'He will use these five years to project himself as the next PM candidate within the Hindutva fold.'
"The FATF plenary decided continuation of Pakistan in 'Grey List' till its next meeting to be held in October," an official privy to the development told PTI.
A Central Railway official said they have introduced 10 AC local services on the CR's main line for the first time, replacing the ordinary suburban services, on an 'experimental basis' and they hope to get a good response for it.
India on Monday set aside over Rs 7,100 crore in its budget for 2021-22 as development assistance for countries in its neighbourhood as well as in Africa and Latin America, with Bhutan getting the maximum allocation of Rs 3,004 crore while Rs 100 crore will be given to Chabahar port project in Iran.
Two days after being admitted to state-run SSKM Hospital in Kolkata with severe bone injuries, West Bengal Chief Minister Mamata Banerjee was discharged from the medical establishment on Friday evening after doctors found her recovery to be 'satisfactory'.
The suburban trains on the Central Railway's main line as well as the Harbour line are running 20 to 25 minutes behind their schedule, an official said.
Twitter on Friday said it 'stands prepared' to work with the Parliamentary Standing Committee on IT on safeguarding citizens' rights online, even as the panel categorically told the microblogging platform that rule of the land is supreme and not the company's policies.
The Navy has has kept five flood teams and three diving teams on stand-by in Mumbai, the official said. These teams, trained and equipped for rescue operations, are stationed at various naval areas across Mumbai and can provide early response over a larger area, he said.
Enduring a forgettable outing in the first half of this year's IPL, two-time former champions Kolkata Knight Riders would look for reversal of fortunes when they resume their campaign against Royal Challengers Bangalore in the second phase of T20 league in Abu Dhabi on Monday.
Poland, which has long been critical of Lukashenko and harboured many activists from Belarus, has granted her and her husband humanitarian visas.
The Indian Navy described it as a "proud and historic" day for the nation and said India has joined a select group of countries having niche capability to indigenously design, build and integrate a state-of-the-art aircraft carrier.
Lata Ramgobin, who is the daughter of noted rights activists Ela Gandhi and late Mewa Ramgobind, was also refused leave to appeal both the conviction and the sentence by the Durban Specialised Commercial Crime Court.
A member of the Under-19 World Cup-winning team, Manan said time has come for the inaugural champions Rajasthan to reclaim the trophy and they have a lot of self-belief as they head into the T20 League.
Abhishek Banerjee sent a defamation notice to PM for alleged derogatory remarks made against him at a public rally.
Things may seem too nice to be tru,e but the affable energy of its harmonious cast makes Potluck a rare light watch on the desi OTT scene, feels Sukanya Verma.
He said that Government of Dominica and law enforcement agencies, unless the court rules otherwise, can deport him to India because he is an Indian citizen, Antigua News Room reported.
The symbolism of the sinking of a major naval ship is deeply complex and military history is replete with tales of how the loss of a single high value war ship perhaps impacted the larger war that the nation in question was engaged in, points out Commodore Venugopal Menon (retd).
Fugitive diamantaire Mehul Choksi, wanted in a Rs 13,5000-crore loan fraud in Punjab National Bank, has gone missing in Antigua and Barbuda where he had been staying since January 2018, the Royal Police Force of the Caribbean island nation said in a statement.
He said the Bharatiya Janata Party's 'Parivartan Yatra' is not for changing a chief minister, MLA or minister but ending infiltration and transforming the condition of West Bengal.
A copious amount of blood, beating, crying, saving, sacrificing, nationalism fills up its staggering three hours running time. Emotions run sky high, but you feel nothing, sighs Sukanya Verma.
Chanu ended India's over two-decade-long wait for a weightlifting medal at the Olympics.
he immunity built from the vaccine does little to stop it from transmission, warns Dr Raj Agarwal. You may harbour the virus as a carrier, and be a source of infection to others who are less fortunate and haven't got a chance to get vaccinated yet.
This is the second time Twitter has misrepresented India's map. Earlier it had shown Leh as part of China.
India's formidably consistent match-winners have a date with history in the New Year when they take on an out-of-sorts South Africa in the second Test in Johannesburg from Monday in pursuit of a coveted first-ever series win in the Rainbow Nation.
'To see a player that I have always followed, who is an example for me, to see him leave now brings me a lot of pain.'
The police on Tuesday said businessman Mohammad Altaf Bhat was killed in the "cross-firing" between militants and security forces at Hyderpora on Monday, but he would be counted as a "harbourer of terrorists" as he did not inform authorities about the tenants in his building.
The BCCI letter did not make a specific reference to Pakistan, which has been accused of harbouring terrorists by India.
The Budget has relaxed a few safe harbour rules that aim to make it easier for fund managers overseeing offshore India-focused funds to relocate to the country.
As the industrial era wanes, the network era looms, notes Ajit Balakrishnan.
Cricket Australia on Tuesday confirmed that the Pink Test between Australia and India will remain at the Sydney Cricket Ground as scheduled.
Whether it is Sri Lanka, Maldives, or Nepal, quietly but steadily, India has been reclaiming some of the ground it had lost to China, observes Aditi Phadnis.
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Strongly hitting out at Pakistan for again raking up the Kashmir issue at the United Nations, India has said a constructive contribution cannot be expected from a country that has an established practice of hosting terrorists and is the "epicentre" of global terrorism, and the biggest destabilising force in the world.
Union Minister Nitin Gadkari on Monday said American electric car major Tesla is set to start its operations in India next year and would also look at setting up of a manufacturing unit based on demand. The Road, Transport and Highways minister has been pushing for green fuel and electric vehicles for cutting India's huge Rs 8 lakh crore crude imports. Tesla Inc. co-founder and chief executive Elon Musk had in October said the company will enter the Indian market in 2021.
heavy showers were likely to continue for next 48 hours, according to the India Meteorological Department.
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