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Hopes of easier lending norms, fund inflows lift equity indices (Roundup)

Mumbai, Nov 19 (IANS) Indian equities got a lift on Monday amid expectations the central bank will take measures to ease liquidity crunch and relax lending norms for state-run banks."The market gained despite a drop in optimism about potential US-China trade deals. Investors looked to the RBI's board meeting to get cues on liquidity crunch at non-banking financial companies and...

Sri Lanka’s political turmoil continues (Lead)

Colombo, Nov 19 (IANS) Sri Lanka's political turmoil continued into its third week on Monday, with the government and the former ruling United National Alliance (UNA) quarrelling with each other.The government reiterated that it would continue in governance while the former ruling UNA said it would not recognize the government and called for financial cuts.Parliament proceedings began on Monday afternoon...

Ranji tie: Shami yet to join Bengal team

Kolkata, Nov 19 (IANS) Although he made himself available, India pacer Mohammed Shami is yet to join the Bengal squad on the eve of their Ranji Trophy match against Kerala at the Eden Gardens here from Tuesday.Shami is the only player from the Test squad for Australia cleared by the BCCI to play Bengal's Ranji Trophy Elite Group B fixture...

Xiaomi wants to change rural retail in India with new business

New Delhi, Nov 19 (IANS) Chinese electronics major Xiaomi, which is focusing on amplifying its product portfolio beyond smartphones, is all set to launch on Tuesday a new business which, according to the company, will "change rural retail in India"."Excited about a new business that we are launching. We'll announce it tomorrow," Manu Kumar Jain, Vice President, Xiaomi Global and...

Prices of air tickets on Tripura route spike

Agartala, Nov 19 (IANS) Prices of flight tickets on the Tripura route have spiked after some carriers suspended their operations while others curtailed their frequency.The shortage of tickets to and from Agartala has prompted Tripura Chief Minister Biplab Kumar Deb and CPI-M MPs to write to Prime Minister Narendra Modi and Civil Aviation Minister Suresh Prabhu but to no avail.According...

India gets its first sewer cleaning machine

New Delhi, Nov 19 (IANS) In order to reduce sewer deaths and put an end to the unsafe practice of manual scavenging, the Sulabh International on Monday introduced India's first "sewer cleaning machine".The machine, Sulabh International founder Dr Bindeshwar Pathak said, "will do away with 99 per cent of manual scavenging" in the country, where at least one worker has...

No bail-out for Jet Airways, management needs to run airline smothly: Minister

New Delhi, Nov 19 (IANS) The Central government on Monday ruled out the possibility of providing any financial bail-out or leeway to cash-strapped Jet Airways, stating that it's the prerogative of the company's management to implement policies to ensure smooth functioning of the airline.According to Civil Aviation Minister Suresh Prabhu, the government looks at sector-specific issues in the current de-regulated...

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