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Economy

USIBC India teams quits en masse, new trade promotion body to be set up

First event on Wednesday, CISCO chairman John Chambers to speak with top Indian officials Manu Pubby

GM mustard walks in the ominous footsteps of Bt brinjal

The Centre told the Supreme Court that it would take a decision in a month-and-a-half on whether it would allow the commercial roll-out of GM mustard. But the final word rests with the Court.  Apurva Vishwanath

Bullet train project launch to be likely birthday present from Abe to Modi

Japanese PM Shinzo Abe is expected to visit India in mid-September and Modi and he will lay the foundation for this India-Japan joint venture in Ahmedabad. Kumar Anshuman

Public split at US India Business Council to have limited impact on trade

Despite a public power struggle in the USIBC, the Indian side remains in touch with the council, as the split is expected to have limited impact on trade.  MANU PUBBY

Central ministries sweat, protest against 2,500 crore digital payments target

The government has set a 2,500 crore target overall but individual goals have been revised following representations by ministries. ANUBHUTI VISHNOI

India’s booming events industry faces many woes, information-paralysis ahead of GST rollout

The industry is desperately seeking clarity on how GST will affect sponsorships, registrations, ticket prices and local body taxes. With barely 48 hours to go...
Former RBI governor YV Reddy

Let’s not overstate the independence of the RBI, says former governor Dr YV Reddy

The former RBI governor weighs in on the independence of the central bank, the recent MPC controversy and the farm loan waivers across the...

We had designed 2008 farm loan waiver to be last of its kind – UPA Agriculture Secy

Repeated loan waivers raise question if the move benefits farmers or banks as someone else ends up paying for the write-off, says former bureaucrat T. Nanda Kumar. RUHI TEWARI

Chenani-Nashri – a tunnel at the end of a struggle

India’s longest road tunnel, Chenani-Nashri, had to overcome floods, payment disputes, accidents and landslides before it could see the light of day.

On Camera

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The Finance Ministry at North Block in New Delhi | ANI Photo

Apple plans satellite features for iPhone that allow emergency calls

Apple has been working on satellite technology for years, with a team exploring the concept since at least 2017. However, the feature is unlikely to be ready before next year. an Francisco: Apple Inc.’s push to bring satellite capabilities to the iPhone will be focused on emergency situations, allowing users to send texts to first responders and report crashes in areas without cellular coverage. The company is developing at least two related emergency features that will rely on satellite networks, aiming to release them in future iPhones, according to a person with knowledge of the situation. Apple has been working on satellite technology for years, with a team exploring the concept since at least 2017, Bloomberg has reported. Speculation that the next iPhone will have satellite capabilities ramped up this week after TF International Securities analyst Ming-Chi Kuo said the phone will probably work with spectrum owned by Globalstar Inc. That’s led to conjecture that the iPhone will become something akin to a satellite phone,...
The Reserve Bank of India (RBI) logo | Bloomberg

RBI to penalise banks if ATMs run out of cash from 1 October

The scheme has been formulated over concerns of inconvenience caused to the public and to ensure that sufficient cash is available through ATMs, RBI said in a circular.

Defence

‘Will pull India into a vortex’ — why Delhi is unlikely to heed ‘Afghan demand for air support’

While no active military aid is being discussed, ‘benign support’ like maintenance of equipment, training and spare parts has been under discussion between India and Afghanistan.

Caste, ethnicity, religion – United colours of Indian hockey prove the game thrives in inclusivity

It's impossible to field an Indian hockey team that doesn’t reflect the diversity, the united colours, better than any other. Shows that a sport, or a nation, will prosper with growing inclusivity.
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