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Karnataka govt formation LIVE: Kumaraswamy visits temples ahead of oath

JD(S) leader Kumaraswamy will take oath on Wednesday at 4:30 pm at Vidhan Soudha in Bengaluru. Catch Karnataka government formation LIVE updates here

SBI Q4 loss widens to Rs 77.18 bn as higher NPAs worsen asset quality

Provisions for non-performing assets (NPA) stood at Rs 240.80 billion, against Rs 109.93 billion a year ago

Govt proposes steep hike in compensation for flight delays to passengers

On the cards: Full ticket refunds, hotel accommodation, snacks and drinks; Airlines oppose, say most delays are due to infra constraints

Two killed as stir against Sterlite's Tamil Nadu copper unit turns violent

Agitation crosses 100 days, was initiated after company, which represents Vedanta's copper business, announced expansion of its unit

Top Stories in last day

12

MARKET WRAP: Indices end flat; SBI gains 4%, Dr Reddy's up 6% post Q4 nos

Markets pared their morning gains to end flat on Tuesday amid weakness in their Asian counterparts

11

PSU banks gain post SBI Q4 results; Nifty PSU Bank index surges 5%

SBI has moved higher by 6% to Rs 260, bouncing back 8% from early morning low of Rs 241 on the NSE

10

Political overhang on fuel pricing amid elections to keep OMC stks in check

The rise in prices of petrol and diesel has not been commensurate with the surge in crude oil prices, data shows.

08

Amazon may buy 10% in Future Retail for $600 mn, expand offline retail biz

The move comes days after Walmart acquired a majority stake for $16 billion home-grown e-commerce firm Flipkart at a valuation of around $20 billion.

06

NSE sues Singapore bourse for offering offshore derivatives despite ban

The Singapore bourse's stock tumbled on news of the lawsuit, falling the most since April 4

Kathua rape case: BJP leader's kin 'insulted' Mehbooba Mufti; FIR filed

Since his resignation as a minister in April, BJP leader Lal Singh has organised multiple rallies, candlelight marches and protests to demand a CBI probe into the Kathua case

04

Nipah outbreak: 10 die in Kerala, no treatment available; all we know so far

Kerala govt has made all necessary arrangements to stem the spread of panic due to the virus infection whose first outbreak was in Malaysia and has claimed as many as 300 lives since

22

Fortis faces MCA probe; Director General to look into mismanagement charges

Three directors nominated by promoters quit the company's board a day ahead of EGM on May 22

Demonetisation effect: Demand for cash rises 7%, says RBI

Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially.

Key opposition leaders to make a beeline for Karnataka swearing-in

Modalities of the JD(S)-Congress alliance will be worked out at a meet between Kumaraswamy and Congress leader K C Venugopal in Bengaluru on Tuesday

20

Mandsaur anniversary: First test of Rahul Gandhi's opposition unity effort

Rahul Gandhi's presence in farmers' death anniversary next month will be a litmus test for Opposition unity

NCLAT hope for L&T, firm to argue case on Tuesday for Bhushan Steel dues

Through a Larsen & Toubro (L&T) application, operational creditors to Bhushan Steel have got a window of hope at the National Company Law Appellate Tribunal (NCLAT) on their dues to the insolvent company.The appellate body has agreed to…

Nipah virus outbreak in Kerala: Symptoms to precaution, all you must know

According to WHO, there is no vaccine currently available for either humans or animals

18

Petrol hits new all-time high of Rs 84.40 in Mumbai on global crude surge

Petrol and Diesel prices have touched all-time highs as the cost of commuting burns a hole in the common Indian's pockets. Want to know where the fuel prices are the lowest? Catch all updates here

17

Modi, Putin take yacht ride, discuss BRICS, North-South Transport Corridor

Modi and Putin will hold an informal meeting today in Russia's Sochi where the two leaders will discuss pressing global issues and Indo-Russia defence ties. Catch all the live updates here

Monday, May 21

Considering steps to keep fuel prices in check, says Oil Minister Pradhan

India is particularly at risk from stronger global prices for crude oil as it is the No.3 importer of the commodity

MARKETS ON MONDAY: Sensex ends 232 pts lower; Realty, pharma, metals drag

This was the fifth consecutive session of losses for the markets. PSU bank stocks, however, bucked the trend

Karnataka shows what Modi should most fear ahead of 2019 general elections

Congress, contrary to expectations, did not roll up and play dead. It swiftly organised a coalition with a smaller regional party to form a majority in the assembly

Sunday, May 20

Kumaraswamy to meet Sonia, Rahul to chalk out details of Karnataka alliance

He also trashed the speculation that JD (S) and Congress leaders will take turns to be chief ministers

UltraTech to buy Century Textiles' cement biz through a share-swap deal

Century shareholders to get one share of UltraTech for every eight shares

Govt expects banks to get back over Rs 1 trn with resolution of 12 big NPAs

PNB in a statement said the bank had the second highest exposure to Bhushan Steel and will benefit greatly from this acquisition

Karnataka: Kumaraswamy clears the air on rotational CM pact with Congress

JD(S) leader Kumaraswamy was earlier expected to swear-in as Karnataka Chief Minister on May 21, but ceremony got pushed to May 23 due to the death anniversary of Rajiv Gandhi

Saturday, May 19

Karnataka election result: Horses stay put, BJP quits race

Yeddyurappa admits he failed to get the numbers; Kumaraswamy to be sworn in as Karnataka CM on May 23

IPL 2018: KKR beat SRH by 5 wickets, qualify for playoffs; Lynn shines

Kolkata Knight Riders will look to win today's IPL match vs Sunriers Hyderabad to confirm the playoffs berth. As if they lose it will all depend on the outcomes of other teams. Catch live action here

Karnataka govt formation: Cong-JD(S) gets invite, 15 days to prove majority

The 2-day old B S Yeddyurappa government in Karnataka collapsed today, with the chief minister announcing his decision to resign without facing a trust vote

Cong-JD(S) invited to form Karnataka govt, given 15 days to prove majority

The swearing-in of new government will take place on May 21, said Kumaraswamy

Friday, May 18

Tata Steel completes acquisition of controlling stake in Bhushan Steel

Tata Steel said Rs 12,000 million will be paid to operational creditors of BSL over a period of 12 months as per their admitted claims and as per the terms of the approved resolution plan

As crude hits $80 a barrel, oil import bill may cost govt up to $50 bn

That could lead to an oil import bill of between $130 billion and $155 billion for 2018-19

Karnataka floor test tomorrow: Yeddyurappa says 100% confident; top updates

The Supreme Court reduced the 15-day window the BJP had been given by Governor Vajubhai Vala to prove its majority in the House and ordered that Yeddyurappa face a floor test on Saturday itself

Rising oil prices a key threat to Indian equities, says CLSA's Chris Wood

Wood says his base case remains that Narendra Modi and the BJP will win again, albeit probably with a reduced majority.

Thursday, May 17

Centre may ask RBI to ease prompt corrective action framework

Government to ensure adequate working capital and credit for MSMEs

Karnataka fallout: Congress MLAs shifted by bus to Kerala resort; updates

BJP's Yeddyurappa is now CM of Karnataka. Meanwhile, Congress and RJD want the governors of Bihar and Goa to invite them to stake claim to the government

Rs 4 a litre hike in petrol, diesel prices in offing, say brokerage firms

The increase is based on assumption that global price of diesel and petrol and Rupee-US Dollar exchange rate remain stable hereon

Karnataka: CM B S Yeddyurappa announces farm loan waiver; latest updates

In a joint petition in Supreme Court, the Congress and the Janata Dal (Secular) had sought a stay on the oath-taking taking ceremony of BJP's chief ministerial candidate Yeddyurappa