The government has decreed that state ventures and commercial enterprises have to invest 50% of their profits for 2016 on behalf of the state.
The decree excludes health treatment facilities for inpat
India's growth is projected to
slow to 6.6 per cent in 2016-17 fiscal due to the strains that
have emerged in the economy as a result of "temporary
disruptions" caused by demonetisation, the IMF sai
The cost of recapitalising India's struggling banks would be affordable even under a negative scenario, the International Monetary Fund said on Wednesday, urging government steps to strengthen the f
India's power sector will continue to be dominated by coal over the coming decade despite significant growth in cleaner fuels or renewables, says BMI Research.
Only three acts performed more than once at this month’s Grammy Awards. One was Adele, who opened the night with “Hello” and then paid tribute to the late George Michael. Another was Bruno Mars, w
Los Angeles County has recovered the jobs it lost during the recession. But a new report says the region’s job base has shifted over the last 10 years, losing tens of thousands of higher-paying ma
A 60th anniversary update of Harry Belafonte's 1957 hit "When Colors Come Together (Island in the Sun)" caps a new retrospective album surveying the storied career of the veteran singer, actor and
Message to graffiti artists and taggers in downtown Las Vegas: It may be time to move on. You’re being upstaged by the pros. The artists are from JustKids, but there’s nothing childish about the m
Your California Bucket List: Essential adventures and experiences in the Golden State Feb. 22, 2017, 6 a.m. (Al Seib, Brian van der Brug, Rick Loomis, Allen J. Schaben / Los Angeles Times) Here's
A driver crashed a car into a La Puente bedroom where two children were sleeping and then ran away from the house early Wednesday morning, authorities said. No one was injured. The crash happened
Faster remonetisation and return of discretionary consumer demand will push economic activity in the latter part the fiscal, opined RBI Governor Urjit Patel while voting for no cut in interest rate
The UK's annual growth rate was downgraded from a first estimate of 2 per cent to 1.8 per cent in 2016, despite registering a better than expected expansion at the end of the year.
Good morning. It’s Wednesday, Feb. 22, and here’s what’s happening across California: TOP STORIES Wet weather’s wrath Rain continued to pound Northern California as runoff from the weekend’s power
While three members highlighted the need to change the stance from accommodative to neutral, four mentioned that inflation excluding food and fuel remains â??stickyâ?ť at close to 5 percent
The new digital economy is expected to be great for professional women. But research shows that women ask for less when pay is less structured and certain. Could the new way of work be setting us up t
I'm Davan Maharaj, editor-in-chief of the Los Angeles Times. Here are some story lines I don't want you to miss today. TOP STORIES When ICE Knocks on Doors. Millions of Doors? With a pair of memos
San Pedro and other communities near the Port of Los Angeles have longed for a more vibrant waterfront with restaurants, shops and parks that draw tourists and create an amenity for locals. Measur
When Los Angeles high school students get a chance to spend $1 million or more on a political campaign, that’s pretty interesting, right? I thought so, and managed to get myself invited to a meeti
Sometimes there’s nothing like a bowl of soup or stew to fill you up. At once rich and comforting, soups and stews are a perfect one-dish meal, often simple to prepare and serve. And they’re an ea
The non-performing assets (NPAs) of banks in Odisha is recorded at 11.95 per cent as on December 31, 2016 with maximum slippages noted in the loans advanced to the agriculture and education sectors.Th
Business transactions at Gujarat International Finance Tec-City (GIFT), country's first International Financial Services Centre, has crossed USD 2 billion mark and is likely to grow manifold in the
Luanda - The Luanda Bay facelift project was returned to the Angolan State with an immediate effect on its whole public component, reads a Presidential Order.
, According to the Presidential Order,
In some "tough love" shown to banks by the Reserve Bank of India on Tuesday, while bankers are yet to digest the suggestions, it could well be a turning point for the public sector banks.
The voluntary vehicle modernisation programme (V-VMP) or the scrappage programme announced by the transport ministry can boost commercial vehicle (CV) sales by a cumulative 65 percent between fiscal
Rising global oil prices will not pose a serious risk to the economy if they remain within the range of USD 55-65 a barrel, said chief economic adviser Arvind Subramanian.
After a full month of President Trump’s leadership, we can see his foreign policy more clearly now: It’s clearly incoherent. But it could be worse. On one issue after another, Trump has disrupted
The European far right sees much to admire in the United States, with political leaders such as Marine le Pen of France and Geert Wilders of the Netherlands celebrating events — such as the recent
Are some Republicans in Congress hiding from constituents by refusing to hold town hall meetings on such vitally important topics as the future of the Affordable Care Act or immigration enforceme
The first time Lee Baca was put on trial for obstructing an FBI investigation, lawyers for the former Los Angeles County sheriff nearly convinced a jury that the government’s case was all smoke an
Soon after returning to Los Angeles from Pelican Bay State Prison in April 2016, Michael Christopher Mejia was in trouble again. An imposing physical presence at 6 feet, 3 inches, with face and n
After plunging American foreign policy into confusion and disarray, the Trump administration in recent days has embarked on a major damage-control operation. Earlier this week, President Trump rep
A few of the world’s truly great honors and awards are accompanied by truly great checks. The Nobel Prize, for one, comes with something close to a million dollars. The Oscars, though, which are h
A few of the world's truly great honors and awards are accompanied by truly great checks. The Nobel Prize, for one, comes with something close to a million dollars. The Oscars, though, which are h
From 1970 to 2005 there was just one Range Rover. Fast forward 12 years and the line-up has multiplied to four. This is the Velar, a luxury 4x4 to take on Jaguar's F-Pace and Porsche's Macan.