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Pak army chief fails to meet Saudi crown prince

It seems Saudi Arabia is in no mood to mend ties with Pakistan whose Army Chief General Qamar Javed Bajwa who flew in to Riyadh to placate an angry Saudi leadership failed to secure a meeting with......

The Higgs Boson: Is it the end of physics?

Rajeev Srinivasan wonders about the meta-events surrounding the apparent discovery of the 'God particle'. It has been well-nigh impossible to open a newspaper or browse a Web site in the recent......

Cairn has identified India's assets for seizure in case of non-payment

British oil firm Cairn Energy Plc on Tuesday said it has identified Indian sovereign assets overseas, which it can seize in the event of New Delhi failing to return over USD 1.7 billion that an......

The financial world is a dangerous place

Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be......

Why benchmark rate for bank loans is still an illusion

None of the four benchmarks suggested by the RBI is ideal as banks in India create loan assets from their deposits and not borrowings from the regulator or the market, says Tamal Bandyopadhyay.......

5 steps to cure India's banking system

Bankers pay a small price for their misdeeds, no matter how large the cost to their banks or to the economy at large, says TT Ram Mohan. Illustration: Uttam Ghosh/Rediff.com Punjab National Bank,......

Panagariya on how to make Air India attractive for buyers

Out of the total amount, Rs 17,359.77 crore is aircraft loan, while Rs 31,517.04 crore is working capital loan. Outgoing Niti Aayog vice-chairman Arvind Panagariya has said that writing off some......

Late penalty saves Mourinho's Chelsea home record

Eden Hazard scored from the spot in stoppage time to salvage a 2-2 draw for Chelsea against West Bromwich Albion, who were seconds away from inflicting a first Premier League home defeat on a......

EPL: Chelsea go top, Southampton end Liverpool's dream start

Chelsea put a miserable week behind them to return to the Premier League summit with a 2-0 win over Fulham as the wheels came off Liverpool's bright start in a 1-0 home defeat to Southampton on......

Lazio fail to keep pace after draw at Bologna

Fourth-placed Lazio missed the chance to keep pace with leaders Juventus when they were held to a 0-0 draw at struggling Bologna in Serie A on Monday and are now eight points off top spot. Bologna......

Serie A: Juventus maintain lead, Milan win

Marco Borriello bagged his first goal for Juventus as they maintained their three-point lead at the top of Serie A on Wednesday with a 1-0 win over already-relegated Cesena. Borriello's goal on 80......

Salzburg through at PSG's expense

Paris St Germain went out of the Europa League despite a 4-2 win over Athletic Bilbao on Wednesday, losing their place to fellow big spenders Salzburg who fought back to win 3-2 at Slovan......

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