NEW DELHI - More than 70 percent of Indians are satisfied with the leadership of Prime Minister Narendra Modi since he took office nearly three months ago, an opinion poll showed, seeing in him the best hope to put the economy back on track.
NEW DELHI - U.S.-based economist Arvind Subramanian is poised to be named as chief economic adviser to Prime Minister Narendra Modi's government, two sources at the finance ministry said on Friday.
The Reserve Bank of India (RBI) plans to impose stricter limits on how much a bank can lend to a single corporate group, a move aimed at curbing risk in the banking sector at a time when bad loans are on the rise. Full Article
From the first pictures of the Taj Mahal to the 'Hairy family of Burma', a new exhibition in India’s capital showcases some of the earliest photographs from South Asia, taken between 1850 and 1910. Around 250 images from India, Sri Lanka, Myanmar and Nepal are on display at the “Drawn from Light: Early Photography and the Indian Sub-continent” exhibition. Full Article
Suppliers to Apple Inc are scrambling to get enough screens ready for the new iPhone 6 smartphone as the need to redesign a key component disrupted panel production ahead of next month's expected launch, supply chain sources said. It's unclear whether the hiccup could delay the launch or limit the number of phones initially available to consumers, the sources said. Full Article
In the not-too-distant future, investors are certain to suffer some big and painful losses - even if I am right in expecting equity prices to continue rising in the long term. What kind of event is most likely to end this bull run, or at least interrupt it with a setback of 20 percent or more? The answer is a major economic crisis. Another possible trigger would be a substantial interest rate increase. Commentary
In a fast-moving war with an elusive foe like the Islamic State militants, information is as important as guns, jet fighters and bombs. U.S. spies, eavesdroppers and airstrike controllers now have a lot of work to do together to catch up to the situation on the ground in northern Iraq, writes David Axe and Robert Beckhusen of Medium.com. Commentary
James Foley’s execution is a wake-up call for U.S. and European policymakers, as well as U.S. news outlets and aid groups. It shows how different responses to kidnappings by U.S. and Europe save European hostages but can doom the Americans. Full Article
The insurance regulator has allowed three-year insurance policies for two-wheelers. The good part for consumers is that premiums would not change within the three years. Insurance companies on their part would be happy as the claims in this segment are not too high. If the move is successful, we may even see four-wheeler insurance being offered for a longer duration. Opinion
Though Scotland remains a great creator of myths about itself, it has strained to make a case that it has suffered much under English domination. In the late 1990s, it hooked itself to the Braveheart phenomenon – the surge of anti-English nationalism unleashed by Mel Gibson’s piece of adolescent fantasy – but even nationalists are now embarrassed by that. Article
“Katiyabaaz” takes a compelling look at an enormous problem, and transforms the mundane, all-too-familiar reality of India’s power crisis into a gripping tale of Indian ingenuity and battle for survival. The movie releases on Friday; watch it if stark reality on celluloid does not leave you feeling bored, short-changed or overwhelmed, writes Anupriya Kumar. Review