Asian Shares Bounce from 4-week low

Asian Shares Soft, China Slowdown Fears Resurface

Chinese shares led Asia markets down on Monday, as concerns about slower growth in the world's second-biggest economy checked risk appetite and took a large slice off Australian equities. May 19, 2014
Narendra Modi

Modi Grapples with First Challenge - Filling his Cabinet

India's prime minister-to-be Narendra Modi was huddled in discussions with close aides and advisers on Sunday, finalising the names of people to join his cabinet and grappling with the crucial decision of who will be his finance minister. May 19, 2014
speculations-continue-over-bihars-next-cms-selection

Speculations continue over Bihar's next CM's selection

Patna / New Delhi, May 18 (ANI): Nitish Kumar's resignation from the post of Bihar's chief minister has triggered speculation over who among the JD (U) legislators would be the next chief minister of the state. Kumar has not recommended dissolution of the assembly, this leaving a window for formation of a new government, if any other party cobbles up majority in the 243-member house. The JD-U legislators will meet on Sunday evening to elect their new leader. A senior JD-U leader Narendra Singh, who is believed to have been leading a quiet rebellion within the party against Kumar for breaking 17-year old alliance with the Bharatiya Janata Party (BJP), refuted speculation that he could be the new chief minister. May 19, 2014
four-engineering-students-drown-in-west-bengal

JD (U) supporters stage protest against Sharad Yadav

Patna, May 18 (ANI): Workers and supporters of JD (U) staged protest against party chief Sharad Yadav and urged Nitish Kumar to assume his office. Party workers took to streets on Sunday and demanded that Kumar should take back his decision of resigning as the state chief. Kumar, leader of JD (U), tendered his resignation on Saturday (May 17) to Governor DY Patil after taking moral responsibility of the defeat in general elections. Later, Patil accepted the resignation. The JD-U won only two parliamentary seats out of 40 in Bihar while Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) cornered 31 seats. May 19, 2014
Sonia Gandhi, Rahul Gandhi

Will Sonia and Rahul Gandhi Resign at CWC Meet?

The BJP's thumping win in the 16th Lok Sabha elections has not only rattled the Congress, but also seems to have shaken the Gandhi-dynasty with reports doing the rounds that Sonia and Rahul would resign at the Congress Working Committee meeting on Monday. May 17, 2014
four-engineering-students-drown-in-west-bengal

Indians in New York City react to Narendra Modi's win

New York, May 17 (ANI): Residents in New York City welcomed the news of India's next Prime Minister, Narendra Modi of the Bharatiya Janata Party (BJP). Modi's landslide, the most resounding election victory India has seen in 30 years, was welcomed with a blistering rally on India's stock markets and spirited celebrations in New York, where supporters danced to a drum beat, wore Modi masks, and handed out sweets. The BJP looked certain of a parliamentary majority, giving the 63-year-old former tea-seller ample room to advance reforms started 23 years ago by current Prime Minister Manmohan Singh but which stalled in recent years. May 17, 2014
Narendra Modi

Narendra Modi's Swearing-in Ceremony Date to be Decided on 20 May

With the BJP and its allies convincingly winning the 16th Lok Sabha elections, it's just a matter of time before Narendra Modi becomes India's next PM. The PM-elect's swearing-in ceremony is expected to take place anytime next week though the date is not confirmed yet. May 17, 2014
four-engineering-students-drown-in-west-bengal

Indians in New York City react to Narendra Modis win

New York, May 17 (ANI): Residents in New York City welcomed the news of India's next Prime Minister, Narendra Modi of the Bharatiya Janata Party (BJP). Modi's landslide, the most resounding election victory India has seen in 30 years, was welcomed with a blistering rally on India's stock markets and spirited celebrations in New York, where supporters danced to a drum beat, wore Modi masks, and handed out sweets. The BJP looked certain of a parliamentary majority, giving the 63-year-old former tea-seller ample room to advance reforms started 23 years ago by current Prime Minister Manmohan Singh but which stalled in recent years. May 17, 2014