Mohi Narayan

Punjab National Bank, Union Bank bad loan growth slows but provisions weigh

Nov 03 2017

NEW DELHI/MUMBAI Two of India's big state banks saw the pace of bad loan growth slow in the second-quarter, but steep provisions for defaulters in bankruptcy proceedings mean profits will stay under pressure until at least March.

Google launches digital payments service in India

Sep 18 2017

NEW DELHI Alphabet Inc's Google on Monday launched a localized payments app for India as it tries to gain a foothold in the country's rapidly-growing digital payments space.

India's second largest state seeks to quash Goldman-backed solar project

Sep 08 2017

NEW DELHI India's second largest state has appealed to the country's top court to quash a Goldman Sachs-backed solar project, highlighting the challenges faced by solar companies looking to expand in Asia's third largest economy.

Supreme Court orders government to appoint police to stop attacks over cows

Sep 06 2017

NEW DELHI The Supreme Court on Wednesday ordered central and state governments to appoint police officers to stop hardline Hindu activists from attacking people to protect cows.

Thousands hit by malaria, dengue as South Asia's worst floods in a decade recede

Sep 06 2017

NEW DELHI Thousands of people are suffering from an outbreak of diarrhea, malaria and dengue in Bangladesh and Nepal as the waters from the worst floods in a decade recede, officials and aid agencies said on Wednesday.

India probes if shortage of oxygen supplies killed 30 infants

Sep 04 2017

NEW DELHI Indian police are investigating whether 30 infants died for lack of oxygen in a northern state-run hospital, the second case within a month in which medical supply shortages have been blamed for the deaths of dozens of children.

World News