Breaking news, views, reviews, cricket from across India

  • Ookla says it’s actively working with Trai
    on February 18, 2018 at 5:35 pm

    US-based Ookla is actively working with the Indian telecom regulator to provide regular analysis of local telecom networks, having already shared insights into its methodology. It added that India is a very important market for the speed test provider.“Trai came up to us for information sharing… We are pleased to be in dialogue with Trai and have thus far shared insights into our methodology and analysis with them to make them understand how we measure speed,” Jamie Steven, […]

  • Ookla says it’s actively working with Trai
    on February 18, 2018 at 5:35 pm

    US-based Ookla is actively working with the Indian telecom regulator to provide regular analysis of local telecom networks, having already shared insights into its methodology. It added that India is a very important market for the speed test provider.“Trai came up to us for information sharing… We are pleased to be in dialogue with Trai and have thus far shared insights into our methodology and analysis with them to make them understand how we measure speed,” Jamie Steven, […]

  • Jet Airways to withdraw Port Blair, Bagdogra flights from Kolkata
    on February 18, 2018 at 4:37 pm

    Jet Airways is set to pull out daily direct services on the Kolkata-Port Blair and Kolkata-Bagdogra routes from March-end, a top Airports Authority of India (AAI) official today said."Jet Airways has informed us that with effect from March 25, they are withdrawing Bagdogra and Port Blair flights from Kolkata," the official, who did not wish to be named, told PTI.Travel industry sources said that profitability was the key reason behind the move.Jet Airways has been operating flights on the […]

  • Reliance Industries Ltd plans Rs 60,000 crore digitial industrial area in Maharashtra
    on February 18, 2018 at 3:05 pm

    MUMBAI: Billionaire industrialist Mukesh Ambani today said his firm Reliance Industries Ltd (RIL) and its global partners will set up the country's first integrated digital area in Maharashtra entailing investments of Rs 60,000 crore. "Reliance along with other global companies will invest over Rs 60,000 crore in the next 10 years in Maharashtra, which will be the first integrated digital industrial area in the country," Ambani said at the opening day of the Magnetic Maharashtra investor summit […]

  • Shocking data shows 1 bank staffer is held for fraud every 4 hours
    on February 18, 2018 at 3:01 pm

    BENGALURU: On an average, at least one banker is caught and punished for involvement in fraud every four hours, an analysis of data compiled by the Reserve Bank of India has revealed.Between January 1, 2015 and March 31, 2017, as many as 5,200 officials of public sector banks have been punished for fraud."These employees have been convicted, awarded penalties, including dismissal from service," the RBI document states. The central bank is in the process of compiling the data for such cases from […]

  • Dear Mr Modi, Nehruvian protectionism may not be the best way to emulate China
    on February 18, 2018 at 2:35 pm

    In Parliament last week, Prime Minister Modi lashed out at the Nehru-Gandhi family for impoverishing and fragmenting India through terrible policies. He sneered at the “old India” of the Congress party and promised a “New India”.True, Congress is guilty of many sins that have deservedly diminished its stature. Shashi Tharoor pointed out that 19 of Modi’s 23 “new policies” were in fact old Congress policies with new names. Nothing wrong with that. […]

  • Can Jr Trump charm Indians with luxe homes like Sr Trump did with diplomacy?
    on February 18, 2018 at 1:49 pm

    When the Trump family jet lands in India this week, the family member taking a tour of the world’s largest democracy — with a Secret Service detail in tow — won’t be the president on a diplomatic mission. It will be his eldest son, Donald Trump Jr., on a sales trip.But Indians might be forgiven for not making much of the distinction.The visit by the younger Trump, intended to help sell more than $1 billion in luxury residential units being built by the Trumps and their […]

  • UPPSC revamps PCS exam pattern
    on February 18, 2018 at 8:36 am

    Uttar Pradesh Public Service Commission (UPPSC) has completely revamped the Provincial Civil Services-2018 exam on the pattern of Union Public Service Commission (UPSC).The decision comes as a big relief for the aspiring deputy collectors who had to prepare for PCS and UPSC exams separately.The notification for the exams is expected to be released by April end.There are three stages in the PCS exams — prelims, mains and interviews. UPPSC has revamped all three.Secretary, UPPSC, Jagdish, […]

  • FPIs pull out a staggering Rs 6,850 cr from stocks so far in Feb
    on February 18, 2018 at 6:53 am

    NEW DELHI: Foreign investors have pulled out so far this month a staggering $1 billion or Rs 6,850 crore from the Indian stock market in the wake of sell-offs globally.This is against the total inflow of over Rs 13,780 crore by foreign portfolio investors (FPIs) in January, latest data with depositories showed."In January, the US unemployment rate stood at a 17-year low of 4.1 per cent. In addition to this, there is a good possibility of an increase in the US Federal Reserve rate to counter the […]

  • What I read this week: Is poor health holding India back?
    on February 18, 2018 at 4:40 am

    Not all is in the pink of health and India is facing severe healthcare crisis as spending remains very low. This would hamper the potential of the country, if the issues are not addressed timely. Inflation both locally and globally is bouncing back and is causing concerns in the global markets. Meanwhile, as the electrification theme gets bigger and powerful, surprisingly copper seems to be emerging as the winner in this upcoming megatrend.Like there is a halftime at superbowl, financial […]

  • Phantom flats have homebuyers fleeing a once-hot property market
    on January 31, 2018 at 10:50 am

    By Pooja Thakur, Dhwani Pandya and Upmanyu TrivediAmit Khulve, a 34-year-old resident of the north Indian city of Noida, is still paying off the mortgage on an apartment he’s never lived in.The sales executive says he borrowed about 500,000 rupees ($8,000) in 2012 and pulled another 1 million rupees from his savings to reserve a flat in a building planned by the property developer Unitech Ltd. Six years on, the project hasn’t been built, and he’s among hundreds fighting to […]

  • VHP's Praveen Togadia gets support from unlikely allies - Hardik Patel, Congress
    on January 16, 2018 at 12:18 pm

    Terming VHP leader Pravin Togadia's claim that he apprehended a plot to kill him in a police encounter as a "serious issue", opposition Congress in Gujarat today sought an inquiry.Congress leader Arjun Modhwadia met Togadia at a city hospital where the Vishwa Hindu Parishad leader was admitted yesterday in an unconscious state.Apart from Modhwadia, a vocal critic of the VHP's Hindutva ideology, Patidar quota agitation leader Hardik Patel also met Togadia separately.Togadia, the VHP's […]

  • Ex-ISRO chief gets bail in Rs 578-cr illegal gains case
    on December 23, 2017 at 7:03 am

    Former ISRO chairperson G Madhavan Nair was today granted bail by a Delhi court in the sensational Antrix-Devas deal case in which a loss of Rs 578 crore was caused to the exchequer.Special Judge Santosh Snehi Mann granted the relief to Nair on a personal bond of Rs 50,000 and two sureties of the same amount.During the proceedings, the CBI informed the court that two accused could not be served summons as they had settled in the US, and the process was still on to execute the summons to […]