Having told their populations that wearing masks was all but useless against the coronavirus, several Western countries have performed dramatic U-turns in the last few days.
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A central bank-backed proposal to rescue embattled Yes Bank has been approved and withdrawal limits will be lifted, officials said, as India's fourth-largest private lender posted a big quarterly loss.
The State Bank of India (SBI) announced Thursday it would invest 72.50 billion rupees ($977 million) in embattled Yes Bank as part of a restructuring plan backed by the central bank. "Our shareholding in Yes Bank Ltd. will remain within 49 percent of the paid up capital," SBI said in a statement without offering further details.
Even before the U.S. and India could exult and bask in the afterglow of President Trump’s triumphant 36-hour whirlwind yatra to India on Feb. 24-25, replete with all of its pomp and pageantry and a surfeit of symbolism, the wanton and hate-filled communal violence in New Delhi, has cast a pall over the visit.
India's economic growth rose slightly to 4.7 percent in the last three months of 2019, government data showed Friday, edging back from six-year lows.
President Donald Trump with Indian Prime Minister Narendra Modi as they attend a speaking event at Motera Stadium in Ahmedabad, India, Feb 24.…
Donald Trump failed Tuesday to strike any major trade deal with India at the end of a visit big on photo opportunities but short on substance and overshadowed by deadly riots.
President Donald Trump got a rapturous and romantic welcome to India on Monday, addressing a huge rally and holding hands with his wife at the Taj Mahal, in a maiden official visit big on photo opportunities but short on concrete results.