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Monsoon deluge in Indian cities causes traffic chaos, sewage swirls


NEW DELHI Persistent heavy rains have caused widespread disruption in India's major cities and severe floods in the rugged northeast have killed at least 12 people, the government said on Friday. | Video

ICICI Bank profit falls as bad loan provisions surge

MUMBAI ICICI Bank Ltd, India's top private sector lender by assets, reported first-quarter profit fell about 25 percent as its provisions for bad loans more than doubled.

Top News, 7:33pm IST

L&T June quarter profit falls short of estimates

MUMBAI Construction firm Larsen & Toubro Ltd reported a quarterly profit well below analysts' estimates, as several of its local infrastructure orders were deferred, leading to a decline in domestic business.

Top News, 5:03pm IST

India's new reforestation law ignores indigenous people, analysts say

MUMBAI (Thomson Reuters Foundation) - A new Indian law to boost reforestation across the country ignores the importance of indigenous people in conserving land and tramples on their rights, analysts and activists said.

4:49pm IST

Rajya Sabha to take up GST bill next week - Naqvi

NEW DELHI The government will introduce the long-awaited goods and services tax (GST) constitutional amendment bill in parliament next week, a minister said on Friday, as almost all political parties have agreed on the proposed law.

Top News, 2:46pm IST

Strike hits Indian banks, but treasury functions normal

MUMBAI A nation-wide bank strike in India hit the public transactions like cheque clearances and cash deposits, but the vital treasury operations including a 150 billion rupee ($2.24 billion) government bond auction are unlikely to be affected, traders said.

Top News 5:05pm IST

After convention high, Clinton to hit the road in U.S. Rust Belt

PHILADELPHIA Democrat Hillary Clinton takes her newly energized campaign to become America's first woman president on the road on Friday to "Rust Belt" swing states that might decide the fate of the November 8 election. | Video

World, Top News 9:24pm IST

French church attacker: from troubled childhood to altar killer

SAINT-ETIENNE-DU-ROUVRAY, France Adel Kermiche was an attention-seeking child whose behavioural problems frequently led him to a psychiatric hospital and later a specialist school. He died a coldblooded killer who slit the throat of an elderly French priest in the name of Islamic State.

Top News, World, Syria 8:37pm IST

Tibetan monk who died was tortured, says niece who fled China

DHARAMSALA The niece of a leading Buddhist monk who died in a Chinese jail has fled to India to tell the world she suspects he was a victim of torture, and disbelieves the official version that he died of a heart attack.

Top News, World 4:42pm IST

Alphabet and Amazon wind up stellar quarter for big tech

Google parent Alphabet Inc and e-commerce giant Amazon.com Inc capped a blockbuster June quarter for the five biggest U.S. tech companies as their dominance in key markets helped them defy the "law of large numbers".

Top News, Tech 8:36pm IST
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