Govt's deficit cut plan adds to pressure for RBI rate cut
The government vowed on Monday to rein in the country's hefty fiscal deficit, increasing the pressure on the RBI on the eve of its next policy meeting to cut interest rates for the first time since April. Full Article
Suzlon Energy plans debt restructuring
Says plans to restructure debt over 10 years, with 2-year moratorium on principal and interest payments. Ongoing engagement with bondholders continues to be "constructive and progressive"
BHEL Q2 net profit down 10 percent; shares fall
India's biggest power equipment maker posted a bigger-than-expected 10 percent drop in its quarterly net profit on Monday on falling orders in a slowing economy. The earnings results sent BHEL shares down more than 6 percent. Full Article | Full Coverage
Sandy strengthens as nears U.S. east coast
Hurricane Sandy strengthens after hundreds of thousands move to higher ground, public transport shuts down and the U.S. stock market suffers its first weather-related closure in 27 years. Full Article
Delays, protests hurt Odisha's industrial dream
Odisha is one of India's poorest states, plagued for decades by Maoist groups that use violence to destroy infrastructure and disrupt industry. Most industrial projects have been stalled over land acquisition issues, corruption, environmental violations and a backlash against industry. Some have been dramatically scaled back. Full Article
Grassroots democracy challenges new leaders
Party leaders have directly dismissed the possibility of China adopting "Western-style", multi-party democracy, but the concept of "intra-party democracy" -- more openness and competition -- has gained traction and there appears to be consensus behind it. Full Article
Vettel needs three perfect weekends: Horner
The Formula One season that began with seven different winners in the first seven races is in danger of ending with one man, Red Bull's Sebastian Vettel. Full Article | Slideshow
Latest Headlines
Modi: Man of the Moment
The leader who came in from the cold
Some see Narendra Modi as a Hindu zealot who did not stop the massacre of Muslims in the Gujarat riots. Still, he's expected to win a fourth consecutive term as state chief minister and is also seen as a serious contender to become prime minister in 2014. Full Article
India's interminable wait for its next Gandhi
Rahul Gandhi is keeping India waiting. The Congress Party was hoping he would lay down a blueprint of clean, youthful governance before projecting him as its prime ministerial candidate in 2014 elections. The lack of a track record in government will continue to make it difficult for investors to assess the policies Gandhi is likely to pursue if he does become prime minister. Full Article
RBI policy: Cut in repo rate imperative
The Reserve Bank of India (RBI) is fixated on inflation and with that rigid mindset it is difficult to expect any liberalisation of monetary policy. But there are other parameters that have changed. Food inflation was down in September if that is any comfort. More than that, the budget deficit will be reduced with a cut in subsidies on diesel. Full Article
A user's guide to India's cabinet reshuffle
The cabinet rejig was done to create a team that will lead the govt in the run-up to the polls. While Rahul Gandhi, the scion of the Nehru-Gandhi dynasty, chose not to join the govt and work for the Congress, the new-look govt with a mix of young guns and experienced politicians is a welcome step. Here’s why I think some of the key players will do well at their new jobs. Full Article
Emerging priorities in the war against terrorism
Combating insurgencies by winning hearts and minds, simultaneously using force, is the doctrines adopted by the free world in the war against terror. The counter-intelligence capacities of militaries have also been boosted by technology, but the battle against terror is nowhere near its last lap. The way ahead is in strengthening non-military interventions. Full Article
Political Pulse & India's Road to Reforms
The cabinet recently approved bills to attract foreign investment into insurance and pensions among a package of new measures to restore confidence in the economy, although the reforms will face a tough fight in parliament. This comes after recent bold moves of opening up retail and aviation sectors. Get the latest developments on reforms and political stories around them here. Click here
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Scientists see healthy future for dissolvable electronics
Scientists in the United States who have developed electronics that dissolve inside the body, say they will one day replace conventional materials for use as medical implants. Encased in silk, the electronics could be adapted to monitor infections or deliver drugs before harmlessly melting away in the body. Video
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