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Chennai likely to see more rain on Monday: IMD

Most of the city received mild rains that lasted throughout Sunday. The city of Chennai is likely to receive more rain on Monday due to a convergence of the wind near the northern part of the Tamil Nadu coast that has been triggered by a cyclonic circulation, according to the …

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NBFC rally stalls in India as loan fears resurface

Signs of recovery for India’s troubled shadow banks have taken a step back as concerns about the true impact of the pandemic on lenders resurfaced. Average lenders’ AAA-rated five-year bond spreads increased for the first time in four months in September. Of the other three shadow banking sector health tracking …

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India Buys US Winter Gear Urgently Amid China Row: Report

India until now obtained high altitude kits for its defense forces mainly from Europe or China. (Proceedings) India has bought high-altitude war kits from the United States urgently, officials with knowledge of the matter said, a sign the country is preparing for a prolonged winter deployment after talks to ease …

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