A technician works inside the Oil and Natural Gas Corp (ONGC) group gathering station on the outskirts of Ahmedabad March 2, 2012. REUTERS/Amit Dave/Files

Govt meeting bankers to discuss ONGC share sale

The government is meeting bankers on Monday to discuss a planned share sale in state-run ONGC as it deems the time is right to sell stakes in oil firms following freeing up of diesel pricing, a senior finance ministry official said.  Full Article 

Sensex surges over 300 points on energy reforms, state elections 2:46pm IST

MUMBAI - The BSE Sensex surges over 300 points and the Nifty gains nearly 100 points after the government's energy reforms lead to a rally in energy firms, while wins by Prime Minister Narendra Modi's party in two state elections raise expectations for additional reforms.

People gather to watch television outside their homes in Mumbai February 23, 2009. REUTERS/Arko Datta/Files
Controlling the Message

Modi picks AIR, DD as media brands of choice

Narendra Modi has anointed India's state-backed broadcaster as his media brand of choice, prompting private news outlets to complain that they are being kept out of the loop. Starchy and unpolished, Doordarshan News and All India Radio (AIR) are expected to offer one big advantage over their slicker private rivals: a less combative and questioning platform.  Full Article 

'HPCL to gain most from diesel deregulation'

'HPCL to gain most from diesel deregulation'

Hindustan Petroleum Corp is likely to benefit most from diesel deregulation, says Jefferies, raising its target price to 640 rupees from 570 rupees.  Full Article 

A medical personnel looks out from the window of the army hospital where the rescued victims of avalanches have been admitted to in Kathmandu October 16, 2014. REUTERS/Navesh Chitrakar
Nepal Blizzard

Small avalanches hamper search for survivors

Small avalanches hampered the search for porters and guides missing for six days after a Himalayan storm, officials said, as rescue crews began to scale back the hunt for survivors.  Full Article 

Health inspection officers help a mock patient (C) get into a negative pressure isolation stretcher, during a drill to demonstrate the procedures of transporting an Ebola victim, at Shenzhen Entry-exit Inspection and Quarantine Bureau, in Shenzhen, Guangdong province August 14, 2014. REUTERS/Stringer/Files

"China billionaires lagging behind in Ebola fight'

China's corporations and billionaires have lagged behind in contributions to fighting the Ebola epidemic in West Africa, the World Food Programme said on Monday.  Full Article | Related Story 

Liverpool's Raheem Sterling (REAR) celebrates with Steven Gerrard after his cross was deflected into the goal by Queens Park Rangers Steven Caulker during their English Premier League soccer match at Loftus Road in London October 19, 2014. REUTERS/Eddie Keogh
Soccer

Liverpool, Stoke City win amid top flight drama

Liverpool scored a stunning 3-2 win over bottom side Queens Park Rangers with four goals coming in a frenzied seven-minute finale at Loftus Road as the drama continued in the Premier League.  Article 

Latest Headlines

News, Views and Expert Opinion with Ankush Arora
    Oil pumping machine.

    Cheap oil is no tonic for Asian economies

    Cheaper oil won’t be much of a tonic for Asian economies. While painful for exporters, sliding prices should benefit consumers of crude. For most in the region, though, less expensive oil is mainly a sign that growth is stalling. The big exceptions are India and Indonesia. For them, the price slide over the past 4 months translates into significant budgetary savings.  Full Article 

    D H Pai Panandiker

    Targeting inflation at 4 percent

    Finance Minister Arun Jaitley seems to have finally taken the responsibility of targeting inflation as it is a sensitive political issue and could not be left to the discretion of the Reserve Bank of India (RBI). With CPI as the anchor, the target will be 4 percent measured annually (+/-2 percent). Inflation targeting is a good game and not a difficult one. The real problem is in achieving the target.  Full Article 

    Screen capture of film "Panic in the Streets".

    Lessons on handling epidemics from 1950’s ‘Panic in the Streets’

    The Ebola news has made me think about Elia Kazan’s crackling and moody Panic in the Streets, a 1950 thriller about a deadly bacterium that has entered New Orleans and threatens to spread. On a recent re-viewing, it definitely left me quavering — and gave me a nightmare chill I hadn’t experienced on previous occasions. The parallels to the Ebola outbreak are creepy.  Read 

    Islamic State militants

    Under assault, Islamic State may shift tactics

    As long as Islamic State militants fight like a traditional army, with infantry, heavy weapons, vehicles and fortified positions, the United States and its allies can attack them as they would any traditional army — and beat them. But that depends on the militants cooperating. It’s evident the group is already changing its methods — a prospect that should deeply worry the rest of the world.  Commentary