Regulatory News

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PM Modi urges U.S. to keep an open mind on visas for skilled workers


NEW DELHI Prime Minister Narendra Modi urged the United States on Tuesday to keep an open mind on admitting skilled Indian workers, in comments that pushed back against Republican President Donald Trump's "America First" rhetoric on jobs.

Reliance Jio racks up 100 million subscribers but ends freebies

MUMBAI Reliance Industries' Jio telecoms unit will charge for its services from April, ending an almost seven month spree of free calls and data that shook up India's telecoms sector and helped the new arrival rack up more than 100 million users.

Tech, Top News, Budget 2017, 21 Feb 2017

India must urgently resolve bad debt at lenders - RBI deputy governor

MUMBAI Reserve Bank of India (RBI) Deputy Governor Viral Acharya said India needs to urgently address the large amounts of bad debt held by its lenders, outlining potential solutions including the creation of public or private agencies to buy the soured loans.

Top News, Budget 2017, 21 Feb 2017

Tata Sons' new chairman to focus on shareholder returns, capital allocation

NEW DELHI Tata Sons, the holding company of the $100-billion Tata group, will focus on boosting shareholder returns and tightening capital allocation rules, newly-appointed chairman Natarajan Chandrasekaran said in a statement on Tuesday.

Budget 2017, Top News 21 Feb 2017

ONGC takes profit hit from royalty payments

NEW DELHI Oil and Natural Gas Corp will take a 16 billion rupee ($239 million) hit to its quarterly earnings to account for previous royalty payments to two states, the oil exploration company's finance head A. K. Srinivasan said.

Top News, Budget 2017, 21 Feb 2017

Suicide bombers in Pakistan kill five in attack on court

PESHAWAR, Pakistan Suicide bombers attacked a court complex in Pakistan on Tuesday, killing five people and wounding 20, police officials said, the latest incident in a new surge of Islamist violence. | Video

Top News, South Asia, World 21 Feb 2017

Ski resort razed by the Taliban lifts Pakistan's domestic tourism

MALAM JABBA, Pakistan Atop the piste of Malam Jabba in Pakistan's once dangerous Swat Valley skiers schuss downhill, a new Chinese-built chairlift ferries tourists to the peak, and a luxury hotel is under construction to replace one torched by the Taliban. | Video

Top News, South Asia, World 21 Feb 2017

ASEAN unsettled by China weapon systems, tension in South China Sea

BORACAY, Philippines Southeast Asian countries see China's installation of weapons systems in the South China Sea as "very unsettling" and have urged dialogue to stop an escalation of "recent developments", the Philippines said on Tuesday.

World, Top News 21 Feb 2017

France's Le Pen cancels meet with Lebanon grand mufti over headscarf

BEIRUT French far-right National Front presidential candidate Marine Le Pen canceled a meeting on Tuesday with Lebanon's grand mufti, its top cleric for Sunni Muslims, after refusing to wear a headscarf for the encounter. | Video

World, Top News 21 Feb 2017

Verizon, Yahoo agree to lowered $4.48 billion deal

Verizon Communications Inc said on Tuesday it would buy Yahoo Inc's core business for $4.48 billion, lowering its original offer by $350 million in the wake of two massive cyber attacks at the internet company. | Video

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