Regulatory News

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Home minister to investigate rape documentary


NEW DELHI - Home Minister Rajnath Singh said on Wednesday he would investigate how a film crew managed to interview a death row convict who expressed no remorse for his part in the fatal gang rape of a woman in New Delhi in 2012, an attack that sparked outrage.

After beef ban, Hindu groups force abattoirs to close

MUMBAI - Members of a Hindu nationalist group have forced several abattoirs in Maharashtra to shut after a law was passed banning the beef trade there, a leader of the group and a lawyer for meat traders said on Wednesday.

04 Mar 2015

RBI surprises again with post-budget rate cut

MUMBAI - The Reserve Bank of India unexpectedly lowered its policy rate for the second time this year on Wednesday, backing a government that is pushing to revive economic growth as inflation cools. | Video

Top News, Economy 04 Mar 2015

Sensex falls on profit-taking after hitting life high above 30,000

MUMBAI - The BSE Sensex and Nifty fell on Wednesday, retreating from record highs hit earlier in the session, as the initial surge after an unexpected rate cut by the Reserve Bank of India (RBI) was offset by profit-taking and on speculation foreign investors sold blue-chips.

Top News, 04 Mar 2015

Airwaves auction off to strong start, bids near $10 billion

MUMBAI - India's latest auction of radio wave frequencies for telecoms networks got off to strong start on Wednesday, with the government receiving bids worth about 617 billion rupees ($9.9 billion), according to bidding data.

Top News, 04 Mar 2015

Exclusive - India expects better monsoon rains this year

NEW DELHI - India expects higher rainfall from the monsoon this year after patchy rains affected farm output last season, weather office sources told Reuters.

Top News, 04 Mar 2015

India's censor blocks 'Fifty Shades of Grey' from cinemas

MUMBAI - Government censors have said they will not allow the big-screen adaptation of erotic novel "Fifty Shades of Grey" to be shown in cinemas, a decision most had anticipated in the largely conservative country.

04 Mar 2015

RBI expects banks to lower lending rates after rate cut

MUMBAI - Reserve Bank of India Governor Raghuram Rajan said he expected to see banks lower lending rates heading into a new fiscal year in April after the central bank unexpectedly cut interest rates on Wednesday.

Top News, 04 Mar 2015

33 miners feared dead after pit blast in east Ukraine

DONETSK, Ukraine - Ten miners were confirmed killed and rescuers held out little hope for another 23 who were still missing after a blast at a coal mine in the rebel-held city of Donetsk near the battle front in eastern Ukraine on Wednesday. | Video

World, Top News 04 Mar 2015

Franchise Man swoops in to save Bollywood

MUMBAI - Bollywood is looking for its next superhero, one who can swoop in to amuse audiences in a film industry bereft of fresh ideas. Its name might be Franchise Man.

04 Mar 2015
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