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Australia government braces for defeat in crucial by-election

Australia's embattled conservative coalition was bracing for defeat as polls opened in a crucial by-election Saturday, with a loss set to snuff out its slim parliamentary majority. The by-election in the wealthy Sydney seat of Wentworth was triggered after former prime minister Malcolm Turnbull was ousted in a party-room coup in August -- the sixth change of leader in the last decade. Turnbull's successor, Scott Morrison, is facing public anger about the leadership merry-go-round and constant in

20 Oct 2018 3:50 am
News digest: Essar Steel bid, stock markets, crisis-hit NBFCs, and more

1% for a second straight trading session as stress in the financial sector continued to weigh on investor sentiment

20 Oct 2018 3:31 am
Ajit Jogi's daughter-in-law to contest C'garh polls from Akaltara

As the Chhattisgarh Assembly elections are inching closer, the Bahujan Samaj Party (BSP) has released the second list of candidates for the upcoming polls, which includes Janata Congress Chhattisgarh (JCC) founder Ajit Jogi's daughter-in-law Richa Jogi's name.As mentioned in the list of candidates, the former Chhattisgarh chief minister's daughter-in-law will be contesting polls from Akaltara constituency in Janjgir-Champa district. Akaltara seat is at present being represented by Chunnilal Sahu

20 Oct 2018 3:00 am
Easier ECB rules: OMCs look to raise $1.4 billion in first tranche

On October 3, the RBI allowed the OMCs to raise dollars directly from overseas markets without a need for hedging

20 Oct 2018 2:56 am
Stock market falls as NBFCs take a beating; RIL, HDFC, Infosys stocks down

Foreign portfolio investors sold shares worth Rs 6.2 billion. Even domestic institutional investors turned marginal sellers on Friday

20 Oct 2018 2:40 am
ArcelorMittal emerges as highest bidder for debt-laden Essar Steel

Vedanta was the second-highest bidder for the debt-ridden company

20 Oct 2018 2:22 am
Euro, pound rally on Brexit concession; stocks dip

NEW YORK (Reuters) - Stocks dipped on Friday, dragging a global index into a fourth consecutive weekly loss, while the euro and sterling rallied against the dollar after a report said Britain is ready to drop a key Brexit demand.

20 Oct 2018 2:21 am
Euro, pound rally on Brexit concession; stocks pare gains

NEW YORK (Reuters) - Stocks erased gains on Friday, with a global index struggling to avoid a fourth consecutive weekly loss, while the euro and sterling rallied against the dollar after a report said the UK is ready to drop a key Brexit demand.

20 Oct 2018 2:20 am
Gold firms as dollar eases, set for third week of gains

BENGALURU (Reuters) - Gold prices edged up on Friday and were on course for a third straight week of gains, supported by robust technical momentum and a softer dollar.

20 Oct 2018 2:18 am
Oil up but posts weekly loss on stock build, trade tensions

NEW YORK (Reuters) - Oil prices rose on Friday on signs of surging demand in China, the world's No. 2 oil consumer, although prices were headed for a second weekly decline on swelling U.S. inventories and concern that trade wars were curbing economic activity.

20 Oct 2018 2:17 am
When Bella Thorne only had $200

She was a successful child actress, but Bella Thorne says she was left with just $200 when she turned 18.

20 Oct 2018 2:16 am
Foreign exchange reserves see highest fall of $5.1 billion in 7 years

The rupee has been facing intense selling pressure for more than a month now

20 Oct 2018 2:15 am
S&P falls on interest rate, trade concerns; P&G lifts Dow

NEW YORK (Reuters) - The U.S. benchmark S&P 500 stock index edged lower on Friday as strong earnings from Procter & Gamble Co were offset by ongoing concerns about rising interest rates and tensions over trade policy denting economic growth.

20 Oct 2018 2:07 am
IFC launches $1 billion masala bond programme in the US and Europe

First tranche opens on LSE; Centre, RBI had taken steps to promote such bonds to shore up rupee value

20 Oct 2018 2:04 am
Mphasis Q2 net profit up 37% at Rs 2.7 bn on good show in key verticals

The company said its new deal wins in the quarter stood at $210 million

20 Oct 2018 1:45 am
UK PM May tells businesses EU is committed to autumn Brexit deal

LONDON (Reuters) - British Prime Minister Theresa May told business leaders during a teleconference on Friday that EU politicians are committed to reaching a Brexit agreement this autumn, striking what one source told Reuters was an upbeat tone.

20 Oct 2018 1:43 am
S&P 500 index little changed despite strong P&G earnings

NEW YORK (Reuters) - The U.S. benchmark S&P 500 stock index edged lower on Friday as strong earnings from Procter & Gamble Co were balanced by ongoing concerns about rising interest rates and geopolitical tensions denting U.S. economic growth.

20 Oct 2018 1:37 am
Exclusive - CrowdStrike hires Goldman Sachs to lead IPO: sources

NEW YORK/SAN FRANCISCO (Reuters) - Cybersecurity software maker CrowdStrike Inc has hired investment bank Goldman Sachs Group to prepare for an initial public offering that could come in the first half of next year, people familiar with the matter said on Friday.

20 Oct 2018 1:36 am
Karnataka to give land for new airport at Mysuru: Prabhu

Karnataka Chief Minister H.D. Kumaraswamy has agreed to give about 300 acres of land for building a new airport in this city of palaces, said Civil Aviation Minister Suresh Prabhu on Friday.

20 Oct 2018 1:36 am
Vanguard Group sees opportunity for EM currencies as dollar extends rise

The rupee and Indonesia's rupiah are the worst currencies in Asia this year, weighed by concerns over fiscal deficits and inflation

20 Oct 2018 1:31 am
Pak: 12 Indian fishermen sent to jail in Karachi

Twelve Indian fishermen have been sent to jail in Karachi, days after being arrested by Pakistani authorities for allegedly fishing illegally in the country's territorial waters in the Arabian Sea. The 12 fishermen who were arrested by the Pakistan Maritime Security Force and their boat seized on Thursday were presented before a judicial magistrate by the Docks police on Friday. The magistrate has now sent them to judicial lock-up in the Landhi jail where other Indian fishermen are also serving

20 Oct 2018 1:25 am
PKL: Pune registers first win at home-leg

Puneri Paltans defeated Jaipur Pink Panthers 29-25 to register their first win in home-leg of the Pro Kabaddi League here on Friday.

20 Oct 2018 1:08 am
The innocent men of #MeToo

Not nearly as many, but a lot of men are looking to learn from their ghosts of Christmas past

20 Oct 2018 12:55 am
Phase Two of #MeToo

Perhaps the most harrowing account is by Ghazala Wahab of her days at The Asian Age, an ugly cat-and-mouse game of molesting and emotional blackmail inside the editor's cabin

20 Oct 2018 12:43 am
Hope Maharashtrian Kusti player brings gold for India in Olympics: Tamhankar

Actress Sai Tamhankar, last seen onscreen in 'Love Sonia,' hopes that a Maharashtrian Kusti player would bring gold medal for India in the Olympics.

20 Oct 2018 12:40 am
Ravana effigies burnt on Dussehra

Thousands of devotees turned up to witness the burning of 10 effigies of demon king Ravana at a posh suburban town of Kolkata as a part of the Dussehra celebrations on Friday.

20 Oct 2018 12:32 am
Inflationary risks to be felt with calibrated tightening stance: RBI's MPC minutes

Inflationary risks and uncertain global economic scenario led the RBI to adopt the new calibrated tightening stance on interest rates, according to the minutes of the central bank's latest Monetary Policy Committee (MPC) meeting released on Friday.

20 Oct 2018 12:30 am
Shekhar Gupta: Courts of divine jurisdiction

Awful religious practices need to be abolished. But by social and political reformers, not courts

20 Oct 2018 12:29 am
India calls for early adoption of anti-terrorism treaty

Vice President M. Venkaiah Naidu on Friday called for early adoption of the Comprehensive Convention of International Terrorism (CCIT) that it had introduced in the UN in 1996.

20 Oct 2018 12:28 am
The shape of things to come

At the end of all that planning, everything should come together perfectly -but rarely does

20 Oct 2018 12:21 am
The story of Nisha

Nisha was born with ichthyosis, a rare genetic skin condition. Probably for this reason, she was abandoned at birth and spent the first three weeks of her life in an orphanage

20 Oct 2018 12:14 am
NDRF teams sent to Assam, Arunachal Pradesh after warning by China

The Centre has sent eight companies of National Disaster Rescue Force (NDRF) to Arunahal Pradesh followed by six others to Assam after intimation from the Chinese government that landslide has blocked the Milin section of the main stream of Yarlung Zangbo or Brahmaputra river recently and that it might impact the lower reaches of the river.

20 Oct 2018 12:12 am
Cultural archives go online: Indian art and artisans at the click of mouse

Two significant cultural archives go online soon in Bengaluru, offering easy access to a treasure trove of the arts and art practices of the country

20 Oct 2018 12:11 am
UK's May tells business leaders EU wants autumn Brexit deal

LONDON (Reuters) - British Prime Minister Theresa May told business leaders on Friday she had come away from this week's European Council meeting in Brussels with a sense that EU leaders wanted to reach a Brexit deal as soon as possible this autumn, her office said.

20 Oct 2018 12:09 am
58 dead as train runs over Dussehra revellers in Punjab

In a terrible disaster, 58 people watching the burning of a Ravan effigy from a railway track were crushed to death by a speeding train here in Punjab on Friday, triggering anger in the area and nationwide outrage. Nearly 72 others were injured, many of them seriously.

20 Oct 2018 12:08 am
Why Annapurna Devi chose her musical gift over a celebrity husband

Dissonant artistic visions drove Hindustani classical musician Annapurna Devi and her husband, Ravi Shankar, to separation

20 Oct 2018 12:07 am
Lunch with BS: Indu Bhushan on how he landed the top job at Ayushman Bharat

Elaborating on the challenges, Indu says, 'There are no glitches, but I would have been happier if our greenfield states (such as Bihar and Uttar Pradesh) did well'

20 Oct 2018 12:01 am
Procter & Gamble strikes back at doubters with surprisingly strong sales

Results are positive for 'beleaguered' industry, analyst says

19 Oct 2018 11:47 pm
Bengal bids adieu to goddess Durga on Dashami through idol immersion

Teary-eyed devotees bade an emotional farewell, as idols of goddess Durga and her children were immersed in rivers and lakes across West Bengal on the occasion of Vijaya Dashami on Friday, as the five-day revelry and merriment centering Eastern India's biggest festival Durga Puja came to an end.

19 Oct 2018 11:46 pm
Punjab CM orders probe into train disaster

Punjab Chief Minister Amarinder Singh on Friday ordered a probe into the train disaster in which 50 people watching the burning of a Ravan effigy from a railway track were feared crushed by a speeding train in Amritsar.

19 Oct 2018 11:40 pm
Amritsar train accident: 58 dead, 72 injured as train mows down crowd

On an average, over 45 people die every day on the rail tracks in the country

19 Oct 2018 11:37 pm