IndusInd Bank begins hunt for Sobti successor; to see 3 internal candidates

If all goes according to plan, a successor will be announced 'sometime in the middle of next year'

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Commodity derivatives: NCDEX's clearing corporation set to go live in Sept

NCDEX is in the final stage for launching of its clearing corporation

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Asian Paints: Rural demand revival, new capacities should drive volumes

Things are now getting better even in the hinterland, led by normal monsoon, upward revision in minimum support price for kharif crops, and improvement in rural infrastructure

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Demonetisation to bad loans, Urjit Patel navigates choppy waters in 2 years

Urjit Patel also came down heavily on banks hiding their bad debts

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Small players point to problems in multi-year motor insurance policy

Some of these companies have apparently quoted the regulator, Insurance Regulatory Development Authority of India (Irdai), supporting their position

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Crude oil prices may rise further in 2018, remain above $75 a barrel: IEA

This comes at a time when international benchmark Brent crude price was seen at $77.38 a barrel on Thursday

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DLF's rental arm to work on achieving mid-teen growth in Ebidta

Singapore's sovereign fund GIC had bought 33.34% in DCCDL for about Rs 90 billion

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E-commerce players become shopping assistants for Indians beyond cities

Amazon India was one of the first movers in this space, starting a 'Project Udaan', since renamed Amazon Easy

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News digest: JSW vs Tatas, Walmart-Flipkart deal, Taj auction, and more

Sajjan Jindal's JSW Group is doing an encore in power with Prayagraj Power Generation Company against the Tatas as it has done in steel with Bhushan Power & Steel

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Russia arms purchase: US rules out an automatic waiver for India

The CAATSA was the result of Russian behaviour, not Indian, Schriver said

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Weak El Nino conditions likely next month, says IMD weather report

Overall, the monsoon till August 30 has been 6% less than normal

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Size of opportunity that TOT offers dwarfs everything else: Macquaire India

We don't work on targets, we work on the opportunity, said MD Suresh Goyal

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India committed to work with BIMSTEC to boost regional connectivity: Modi

Modi said India is ready to host a conference under BIMSTEC frame-work on narcotics related topicS

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India has most number of internet shutdowns in world, says report

16,315 hours of intentional internet down-time between 2012 and 2017 has cost the Indian economy $3.04 billion

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Slow work, hefty right-of-way fee hurdles for data revolution in India

Telecom firms might have to cough up Rs 100-150 billion as RoW fee only for fiberising existing towers in urban India

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UK foreign minister Jeremy Hunt slams Google over 'child abuse content'

The British government has repeatedly criticised online platforms such as Twitter, YouTube and Facebook for failing to remove abusive material

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Home, personal loans drive household debt to 4% of GNDI, highest in 7 yrs

Growth in credit card outstanding has been the fastest compared to other personal loan segments

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Apple to roll out three smartphones, including largest iPhone, on Sept 12

Apple confirms Sept 12 event at Steve Jobs theatre

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Spencer's in talks with Amazon, other investors for minority stake sale

Spencer's is expected to be demerged from its mother company -- CESC Ltd -- shortly and this is when it will have to arrange for its own funds to keep its hold onto the retail space

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ICICI Bank votes for Kochhar's reappointment to ICICI Securities board

Chanda Kochhar is currently under investigation for charges of conflict of interest over a loan given to the Videocon group, which had business dealings with her husband

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Berkshire bought own stock, added to Apple pie, says Warren Buffett

A buy-back policy announced on July 17 gave Buffett, who has gone 2-1/2 years since a major acquisition, a new way to deploy Berkshire's $111.1 billion of cash and equivalents

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Here's what's convinced brokerage firm CLSA to return to Pak after 17 yrs

CLSA exited Pakistan in 2001 due to "considerable instability" at the time -- despite the operation being profitable

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Brutal Argentina-Turkey sell-off engulfs EM peers; Peso hits all-time low

Peso hits an all-time low, policy makers raise benchmark rate to 60%

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What does it take to be a superpower and does China tick all the boxes?

China certainly will be one of the world's greatest powers in the 21st century. But whether it overtakes the US as a superpower remains in question

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JSW Energy ups offer for Prayagraj Power a day after Tata Power JV gets LoI

Resurgent Power and JSW Energy were in the fray for the stressed power asset

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Trump threatens to pull US out of World Trade Organization

The US president says he will abandon the global trade body "if they don't shape up".

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Catholic Church rejects Australian call to overhaul confession

Catholic leaders in Australia confirm they will not force priests to report sexual abuse.

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Astronauts tackle air leak on International Space Station

A "micro-fracture" from a possible collision with a rock fragment sets off alerts on the ISS.

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UN 'alarmed' by reports of China's mass detention of Uighurs

The UN says credible reports suggest that up to a million Muslim Uighurs are held in detention camps.

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Gérard Depardieu: French actor accused of rape

French actor Gérard Depardieu is accused of rape and sexual assault - accusations he denies.

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John McCain: Sarah Palin 'excluded from his funeral'

A "stay-away message" was reportedly conveyed to Sarah Palin via McCain family intermediaries.

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Bobi Wine: Uganda's pop star MP 're-arrested at airport'

A young MP facing treason charges is allegedly detained while attempting to board a plane.

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Argentina raises rates as peso plummets

Central bank raises benchmark interest rate in an effort to stabilise the country's financial crisis.

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Florida sheriff backs Uber driver who killed 'goofball'

"This is a justifiable homicide all day long," says a Florida sheriff about the shooting.

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Hayabusa-2: Japan sets date for spacecraft's asteroid touchdown

Japan's space agency sets dates for its plan to explore the surface of an asteroid with robots.

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Macron: French 'Gauls' resistant to change, unlike 'Lutheran' Danes

The French president causes an outcry as he pokes fun at attitudes to his economic reforms.

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Stéphane Pauwels arrest: Football presenter charged over armed robbery

One of Belgium's top football TV presenters is charged with being an accomplice to an armed robbery.

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McCain and Biden's long friendship

The Arizona senator and the former vice-president shared a decades-long friendship.

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The power of 'pink money' in India

Some businesses in India have found that catering to the LGBT community makes financial sense.

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Colorado police tell handcuffed journalist: 'Act like a lady'

Susan Greene was arrested as she used her phone to record police detaining an African American.

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The first cyclist to 'Everest' on Everest

JJ Zhou took on a fiendish cycling challenge on the world's highest mountain.

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Why a plane is dropping trout into a lake from above

A mountain lake is being re-stocked with trout from the air by the Utah Division of Wildlife Resources.

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Tablet bends 'like ancient scroll'

A Canadian university has developed a tablet with a flexible screen that can rolled up.

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How Eto'o helped homeless ex-Cameroon captain

Cameroon's Norbert Owona, homeless for two years, thanks Samuel Eto'o for promising him a new house.

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Kanye West finally answers Jimmy Kimmel's Donald Trump question

The rap star also apologises for saying slavery "sounds like a choice".

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Why were there so many serial killers in the 1980s?

One historian suggests in a new book that the ravages of World War Two might have contributed.

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Why Australia is talking about a French au pair

A minister's decision to personally intervene in a visa case is attracting national attention.

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Movie madness: Why Chinese cinemas are empty but full

Chinese government investigators say certain investment companies are faking box office results.

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Iosif Kobzon: Russians mourn 'Soviet Sinatra'

Iosif Kobzon was the soundtrack to the lives of many Russians but had a controversial career.

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Why India activist arrests have kicked up a storm

The issue has heated up online and people are staging protest rallies against the arrests.

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Portugal seduces parched investors with water: plenty of it

As wildfires scorched California yet again this summer, Jose Dariush Leal da Costa, a Bay Area native with Portuguese roots, was harvesting his first almonds in a sun-drenched, watery oasis in southern Portugal.

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Taiwan's last African ally holds out despite overtures by China

While China meets African leaders at a major summit in Beijing next week, the king of eSwatini, self-ruled Taiwan's last remaining ally on the continent, will be hosting thousands of people at a traditional Reed Dance ceremony.

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Kremlin says Putin, Trump could hold talks three times this year: Izvestiya

Kremlin said on Friday it did not rule out the possibility that Russian President Vladimir Putin could hold talks with U.S. President Donald Trump at three summits due to take place in 2018, including those in Singapore, France and Argentina.

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Cambodian court jails Australian filmmaker for six years for espionage

A Cambodian court jailed an Australian filmmaker for six years on Friday after finding him guilty of espionage for flying a drone over an opposition party rally.

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Japan's military seeks record spending to reinforce North Korea missile defenses

Japan's military wants record spending next year to help pay for major upgrades to defenses designed to shoot down North Korean ballistic missiles that Tokyo sees as a continued threat despite Pyongyang's promise to abandon nuclear weapons.

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New Zealand PM Ardern has two ministers step aside

New Zealand Prime Minister Jacinda Ardern has had to strip one minister of her portfolio and had another step aside in less than a week, capping off a month of challenges for the popular premier since her return from maternity leave.

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Catholic church in Australia rejects mandatory reporting of child abuse discussed in confessional

The Catholic church in Australia on Friday rejected laws forcing priests to report child abuse when they learn about it in the confessional, setting the stage for a showdown between the country's biggest religion and the government.

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Duterte says Philippines better off run by dictator if he were not around

President Rodrigo Duterte has said graft and illicit drugs were so entrenched in the Philippines that if he were not around, it would be better off run by a dictator such as late strongman Ferdinand Marcos.

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Thrill-seeking runners take sport - and spending - to rural China

At dawn, high on the Qinghai-Tibetan plateau, a Buddhist monk in saffron robes chants blessings over limber athletes preparing to run 100 kilometers across sand dunes, rivers and ravines.

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Trump tweets are 'messages from some alternative universe': China Daily

Twitter comments by U.S. President Donald Trump accusing China of hacking former presidential candidate Hillary Clinton's email server are an attempt to cast China as a "scapegoat", the official China Daily said in an editorial Friday.

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Australian police charge Sri Lankan with terror plotting

Australia has arrested and charged a Sri Lankan man with planning a terror attack after finding "symbolic locations within Sydney" listed as possible targets in his notebook, police said on Friday.

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Brazil centrist Alckmin attacks far-right election rival in anti-gun ad

Brazil's business-friendly presidential candidate Geraldo Alckmin unveiled a campaign ad against gun violence on Thursday that targeted his far-right pro-gun adversary Jair Bolsonaro.

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Dam nation: Big state projects spared in China's hydro crackdown

In a mountain village in southwest China's Sichuan province, authorities have demolished seven small dam projects this year along a river to clear illegal developments in a new nature reserve.

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