BMW versus Mercedes versus Audi: What it means for buyers?

Rarely does a No. 3 draw attention. The spotlight dims by the time it moves to the left of the winner. Few cheer its perfunctory bow. But in the all-German podium finish of India’s luxury car market, the automaker vrooming in the third is causing a lot of hoo-ha this ...

Mid-term Lok Sabha polls possible: Sushma Swaraj

DEWAS (MP): Senior BJP leader and Leader of Opposition in Lok Sabha, Sushma Swaraj, today said a mid-term general election was possible in the country. “The politics of the country is changing every day, and in view of the present situation, there is a possibility of mid-term Lok Sabha polls,” ...

GM recalling vans, SUVs to fix steering problem

DETROIT: General Motors is recalling more than 6,000 big vans and SUVs because their steering can fail. The recall affects certain 2012 Chevrolet Express and GMC Savana vans, and Chevrolet Suburban and GMC Yukon XL SUVs. The National Highway Traffic Safety Administration said on its website Saturday that a gear ...

Opel CEO rules out plant closures until end-2014

FRANKFURT: Opel has ruled out plant closures and job cuts in the near term, but there are “no taboos” in the GM unit’s efforts to become more profitable in the future, Chief Executive Karl-Friedrich Stracke told a German newspaper. “We have a clear agreement to secure locations until the end ...

Pranab Mukherjee launches appeal over flailing economy

NEW DELHI: Finance minister appealed on Saturday to fractious government allies and a hostile opposition to cooperate “in the national interest” to restore the health of Asia’s third-largest economy. Pranab Mukherjee’s call came as global ratings agencies and investment houses warned that India’s weak public finances and political paralysis over ...

India doesn’t expect huge effect on ties with SL

NEW DELHI: Even as a partner of Sri Lanka’s ruling coalition suggested scrapping of preferential trade treatment to India, New Delhi does not expect its voting for the UNHRC resolution against the island nation to have a huge effect on its relations with Colombo. Sources said a prime reason for ...

PM arrives in Seoul to attend Nuclear Summit

SEOUL: Prime Minister Manmohan Singh arrived on a for a four-day visit to South Korea where he is expected to unveil steps conceived by India to tackle challenges of nuclear terrorism before 57 world leaders at the Nuclear Security Summit here. South Korea’s Vice Foreign Minister Kim Sung-han received the ...

Now, Mayawati talks of mid-term elections

LUCKNOW: BSP chief Mayawati on Sunday asked party workers to be ready for the mid-term Lok Sabha elections, possibilities of which have increased in the wake of changed political scenario of the country after recent elections in five states, including UP. Apprehending large scale violence against BSP supporters in the ...

Jaguar Land Rover mulls crossover under Jaguar brand

GENEVA: Tatas-owned JLR is exploring to push its Jaguar brand beyond the realms of luxury cars and is actively considering to introduce a crossover vehicle under the marquee in future. Buoyed by the response to the new station wagon Jaguar Sportbrake XF that is distinctly different from the lineage of ...

New Punjab assembly a ‘crorepati’ club

CHANDIGARH: When the newly-elected Punjab assembly meets for the first time later this month, it will look more like a millionaires club than a legislature. The 117-member house has no less than 101 crorepatis, data analysed by NGO Punjab Election Watch (PEW) has revealed. The affidavits submitted by Punjab politicians ...

BJP slams Cong on minority reservation issue

NEW DELHI: Accusing Congress of playing up the minority reservation issue in Uttar Pradesh assembly elections, BJP today demanded the sacking of Law Minister Salman Khurshid for sticking to his stand on the issue despite his censure by the Election Commission. Khurshid had yesterday addressed an election rally in Khatakpur ...

Normalisation of ties with Pakistan not easy: Rao

WASHINGTON: India has made “sincere efforts” to reduce trust deficit with Pakistan with which it has a history of complicated relationship, a top Indian diplomat has said, as she expressed concern over “difficult terrain” ahead. “We are engaged in a very conscious effort, a sincere and honest effort to try ...

China becomes largest importer of natural gas

ASHGABAT: China has become the largest importer of natural gas from Turkmenistan, as follows from what was stated at meeting between Turkmenistan’s President Gurbanguly Berdymukhamedov and the special envoy of the People’s Republic of China, Chen Zhili. With a large Chinese delegation Chen visited yesterday Ashgabat for celebrations on the ...

Lokpal Bill: Stormy debate underway in Lok Sabha; Anna begins 3-day fast

NEW DELHI: The much-awaited Lokpal Bill was on Tuesday taken up for consideration by the Lok Sabha on a stormy note with the Opposition demanding its withdrawal contending it was full of deficiencies, even as the government asserted that it had sought to strike a fine balance. Moving the Bill ...

Manufacturing growth may moderate in Q3: Survey

NEW DELHI: Rising raw material costs and lower order books are expected to affect the growth of the manufacturing sector during the third quarter of the current fiscal, a Ficci survey said. “Ficci’s quarterly survey on manufacturing projects continued moderation in growth for the sector. This slowdown is a result ...

Ajit seals UP poll pact with Cong, to join UPA

NEW DELHI: RLD chief Ajit Singh will seal a poll pact with Congress and join the UPA on Monday, strengthening Congress’s hopes of finishing ahead of BJP in UP polls and stitching the only possible alliance in the forthcoming mega battle with SP, BSP and BJP as the other three ...

Euro zone deal overlooks a major threat: lousy growth

NEW YORK: Stricter budget discipline in the 17 countries that use the euro is all well and good, but investors fear it won’t provide what the euro zone needs most of all: More economic growth. Money managers say that means Friday’s stock market rally and euro gains could be short-lived, ...