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Indian banks' bad loans may rise to 8.5 percent by March 2017 - RBI

MUMBAI Gross bad loans at Indian banks may rise to 8.5 percent of total assets by March 2017 from 7.6 percent in March 2016 if the central bank orders them to conduct a second round of asset quality reviews, a Reserve Bank of India (RBI) report said on Tuesday.

VW agrees to buy back diesel vehicles, fund clean air efforts

WASHINGTON German automaker Volkswagen AG will pay as much as $15.3 billion after admitting it cheated on U.S. diesel emissions tests for years, agreeing to buy back vehicles from consumers and provide funding that could benefit makers of cleaner technologies. | Video

Top News, Tech, Business 2:11am IST

Cracks show inside Islamic State's shrinking caliphate

ERBIL, Iraq It was barely more than a squiggle, but the mark of a single letter sprayed overnight on a wall in the heart of Islamic State's self-proclaimed caliphate was a daring act of dissent.

Top News, World 28 Jun 2016

India's wheat stock position comfortable - government statement

NEW DELHI The wheat stock position in India is comfortable as the government had 32.64 million tonnes in the central pool at the beginning of June, a government statement said on Tuesday.

Top News, Economy, Business 28 Jun 2016

New Zealand to begin India tour with Kanpur test

MUMBAI New Zealand will begin their five-week tour of India with the opening test of the three-match series at Kanpur from Sept. 22, the Board Of Control For Cricket In India (BCCI) said on Tuesday.

28 Jun 2016