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India factory growth at 3-month high in June on strong demand

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Indian manufacturing activity edged up to a three-month high in June, driven by stronger demand, but firms barely raised prices, a private survey showed, leaving the door open for another rate cut by the central bank this year.

India's $4 smartphone rings alarm bell on workers' conditions, campaigners say

MUMBAI (Thomson Reuters Foundation) - The Indian makers of a $4 smartphone hope its low price will allow millions of the poorest people to own a mobile phone in a market with only 10 percent penetration.

Tech, Business 10:34am IST

Oil prices rise on tight market outlook, expected fiscal stimulus

SINGAPORE Oil prices rose early on Friday, with Brent jumping back above $50 per barrel, as investors positioned themselves for more price increases this year in expectation of a tighter market.

Business, 6:08am IST

Hindu priest hacked to death in Bangladesh

DHAKA A Hindu priest was hacked to death on Friday at a temple in Bangladesh, police and senior administrative officials said.

World, South Asia 8:57am IST

Muguruza stunned by qualifier, draw opens up for Serena

LONDON Second seed Garbine Muguruza, gunning to add the Wimbledon crown to her French Open title, was sensationally beaten in the second round on Thursday by a Slovakian qualifier, removing one of the biggest obstacles to Serena Williams defending her title.

10:41am IST

U.S., Russia discuss Syria cooperation if Assad halts some strikes

WASHINGTON The Obama administration is considering a plan to coordinate air strikes on Nusra Front and Islamic State militants in Syria if Syria's government stops bombing moderate rebels, U.S. officials said on Thursday.

World, Syria, 9:45am IST

Canada to give troops for NATO force, ready to talk to Russia

OTTAWA Canada confirmed on Thursday it would provide a significant number of troops for a new 4,000-strong NATO force on Russia's border but also said it was ready to talk to Moscow in a bid to reduce tensions.

World 12:15am IST

Hopes for democracy crushed in the Chinese rebel village of Wukan

WUKAN, China Hopes for democracy in the Chinese village of Wukan, where an uprising against corruption five years ago gained global notice and led to direct village-wide elections, have all but evaporated, with protest leaders either in detention, in exile, facing arrest or quitting their posts.

World, 9:18am IST

India's fiscal deficit reaches nearly 43 percent of budgeted target in May

NEW DELHI India's fiscal deficit during April-May was 2289.86 billion rupees ($33.92 billion), or 42.9 percent of the budgeted target for the fiscal year ending in March 2017, government data showed on Thursday.

Business, 30 Jun 2016

India to get over $1 billion from World Bank for Modi's solar goals

NEW DELHI The World Bank said on Thursday it would lend India more than $1 billion for its huge solar energy programme, after Prime Minister Narendra Modi sought climate change funds from its visiting head.

Business, Economy 30 Jun 2016

Latest News

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Essar eyes sale of Gujarat refinery - sources

NEW DELHI Essar Group is exploring the sale of its 405,000 barrel-per-day oil refinery in Gujarat, as the conglomerate seeks funds to reduce its debt, two sources familiar with the matter said.

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Asia stocks rise as risk appetite recovers, pound under fresh pressure

TOKYO/SINGAPORE Asian stocks rose on Friday as risk appetite continued to recover from last week's Brexit shock, but the pound came under renewed pressure after the Bank of England's governor hinted at an interest rate cut ahead.

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Monsoon rains 1 percent above average in past week - IMD

NEW DELHI Monsoon rains in India were 1 percent above average in the week ending June 29, the India Meteorological Department (IMD) said on Thursday.

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IOC to cut diesel prices by 0.89 pct from Friday

NEW DELHI Indian Oil Corp (IOC) will cut the price of diesel by 0.89 percent from Friday and that of petrol by 1.36 percent, reflecting changes in global fuel prices, the company said in a statement.

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Movie Review: Raman Raghav 2.0

Director Anurag Kashyap is obviously inspired by Sriram Raghavan’s short film on Raman Raghav, lifting several scenes. But in his attempt to make it an edgier, contemporary narrative, Kashyap loses out on the potency of the plot.

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