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RBI may cut rate by 35-40 basis points
RBI may cut rate by 35-40 basis points

NIFTY made a new lifetime high on Tuesday, November 26, and did so again two days later. Friday saw a sharp correction with the expected weak GDP numbers. The week ended with the BSESENSEX gaining 434.40 points or 1.08 per cent to close at 40,793.81 points, while the NIFTY gained 141.65 points or 1.19 per cent to close at 12,056.05 points.

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Yes Bank's largest suitor, Braich could not pay Rs 2 cr
Yes Bank's largest suitor, Braich could not pay Rs 2 cr

Erwin Singh Braich and SPGP who put in a $1.2 billion bid for Yes Bank shares was not even able to pay up Rs 2 crore for earnest money in the Reid & Taylor bid under NCLT earlier this year.

SPGP is a Hong Kong-based fund that could not pay up in the Reid and Taylor case. Erwin Singh Braich-backed SPGP has also been involved in

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Brazil approves sale of marijuana-based medicines
Brazil approves sale of marijuana-based medicines

Brazilian health authorities have approved regulations for the registration and sale of marijuana-based drugs in pharmacies.

The decision by the Brazilian Health Regulatory Agency (Anvisa) on Tuesday will take effect in 90 days and will be subject to a review after three years.

The objective of the measure is to fin

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Half of world joins coalition for climate action
Half of world joins coalition for climate action

As parties from the globe are meeting in this Spanish capital for the UN Climate Change Conference (COP25), the Co-Chairs of the NDC Partnership on Wednesday announced that its membership has reached a major milestone.

The Partnership now includes more than half of the world's countries in addition to major international insti

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Pradhan urges Centre to restart Aluminium Park in Odisha
Pradhan urges Centre to restart Aluminium Park in Odisha

Union Petroleum Minister Dharmendra Pradhan has requested the Centre to restart the project for upgradation of infrastructure at Angul Aluminium Park in Odisha.

In a letter to Union Commerce and Industry Minister Piyush Goyal, Pradhan sought his personal intervention to direct the concerned officials to undertake the review of the

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After JNU, IIMC joins demand for fee hike rollback
After JNU, IIMC joins demand for fee hike rollback

After JNU, the protest over fee hike in public funded institutes reached the Indian Institute of Mass Communication, as the students of the institute protested against the "unaffordable" fee structure, and accused the administration of the institute of turning a "blind eye" to their issues.

In a statement to th

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ISL: Chennayin FC appoint Owen Coyle as head coach
ISL: Chennayin FC appoint Owen Coyle as head coach

Indian Super League (ISL) franchise Chennayin FC on Wednesday announced Scotsman Owen Coyle as their new head coach. Coyle, a former English Premier League manager with Burnley and Bolton Wanderers, has joined Chennayin FC on a contract till the end of the season.

"I am incredibly proud to join Chennaiyin FC as head coach. It

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Argentina to play Chile in Copa America 2020 opener
Argentina to play Chile in Copa America 2020 opener

The draw for next year's Copa America has been announced in which Australia and Qatar have been added.

CONMEBOL, South America's football governing body, announced the draw on Tuesday for the tournament which will be co-hosted by Argentina and Colombia.

Argentina will play the tournament opener against Chile

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Naseem Shah to join Pakistan U-19 squad ahead of WC 2020
Naseem Shah to join Pakistan U-19 squad ahead of WC 2020

Young speedster Naseem Shah, who made his debut in the recently-concluded Test series in Australia, is expected to return to Pakistan Under-19 ranks as they gear up for next year's Under-19 World Cup slated to be held in South Africa from January 17 to February 9.

"He (Shah) is my main weapon and I need him there at the W

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Tough times for Pichai as regulators, staff seek answers
Tough times for Pichai as regulators, staff seek answers

In an impetus to the Indian-origin talent in Silicon Valley dominated by the likes of Adobe's Shantanu Narayen, Microsoft's Satya Nadella and Mastercard's CEO Ajay Banga, Google CEO Sundar Pichai, who has now taken over as parent company Alphabet's CEO is excited about Alphabet's long-term focus on tackling big challenges thr

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