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Jayalalithaa to return as chief minister of Tamil Nadu


CHENNAI - One of India's most powerful politicians, Jayalalithaa Jayaram, is set to return as chief minister of Tamil Nadu following a nine-month break, after a court overturned her conviction in a corruption case.

India's top bank SBI says bad loan pressure easing

MUMBAI/KOLKATA - State Bank of India, the nation's top lender by assets, posted better-than-expected quarterly bad debt levels on Friday and said it now expected an improvement, a long-awaited sign of easing pressure that helped its shares jump over five percent.

Business 6:23pm IST

Cigarette maker ITC misses profit estimates

REUTERS - ITC Ltd, India's largest cigarette maker, reported a lower-than-expected quarterly profit as higher taxes on smokes and a government push to discourage tobacco consumption hurt business.

Business, 4:39pm IST

Jaitley promises better tax regime for companies

NEW DELHI - Finance Minister Arun Jaitley struck a conciliatory tone towards investors on Friday, promising to tax corporate profits at competitive rates and saying the government would do all in its power to implement a new goods and services tax (GST) on time.

Business 4:01pm IST

India plans new oil subsidy rules to push ONGC stake sale

NEW DELHI - India plans to reform rules governing the level of discounts upstream state oil firms including ONGC offer to retailers, a senior finance ministry official said on Friday, a move that could expedite the sale of a stake in the company.

Business 7:01pm IST

Nepalis return to quake epicentre to rebuild stone by stone

BARPAK, Nepal - Dressed in his brother's old British army fatigues, Mohan Ghale is rebuilding his mother's home stone by stone, after returning to Barpak village, high in the Himalayas, which was demolished by last month's earthquake.

World, South Asia 3:45pm IST

INSIGHT - Stretched Afghan army falls back on militias to help defend Kunduz

KUNDUZ, Afghanistan/KABUL - The Afghan government has enlisted hundreds of militia fighters controlled by local commanders to battle Taliban militants near the northern city of Kunduz, officials said, underlining how the armed forces are struggling to tackle the insurgency alone.

World, South Asia 5:05pm IST

Myanmar says finds more than 200 Bangladeshis in boat offshore

YANGON - Myanmar's navy has brought ashore 200 Bangladeshis found in a boat off its coast, after its military chief said some of the thousands of migrants that have landed in Malaysia and Indonesia this month are pretending to be Rohingya Muslims to get UN aid.

World, 7:15pm IST

My parents tried to marry me off as a child - activist Usha Choudhary

CASABLANCA (Thomson Reuters Foundation) - At the age of 14 Usha Choudhary was betrothed to a man she had never met. She refused to go through with the marriage. When her parents insisted, she threatened to kill herself.

5:23pm IST

Bangladesh skipper Rahim faces race to be fit for India test

DHAKA - Bangladesh captain Mushfiqur Rahim faces a race against time to be fit for the one-off test against India next month after the wicketkeeper-batsman was advised a week's rest to recover from a finger injury.

3:24pm IST

Movie Review: Tanu Weds Manu Returns

Director Aanand L Rai seems to believe in the adage "Well begun is half done." With both "Tanu Weds Manu" (2011) and its sequel, Rai starts with a great idea, some sparkling dialogue and interesting characters. But what you get in "Tanu Weds Manu Returns" is the cinematic equivalent of a car wreck.

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