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Floods, landslides kill more than 800 people across South Asia


DHAKA/GUWAHATI, India Widespread floods have killed more than 800 people and displaced over a million in India, Nepal and Bangladesh, with aid workers warning of severe food shortages and water-borne diseases as rains continue to lash the affected areas.

India's Essar closes sale of refining arm to Rosneft led consortium

MUMBAI India's Essar Group on Monday announced closure of $12.9 billion (10 billion pounds) deal to sell its refining arm Essar Oil to a consortium led by Russian oil major Rosneft, boosting ties between the world's top oil producer and the fastest growing fuel consumer.

8:59am BST

Russia's Rosneft closes deal to buy 49 percent stake in India's Essar Oil

MOSCOW Russia's largest oil producer Rosneft said on Monday it had successfully closed a deal to buy a 49 percent stake in Indian private refiner Essar Oil Limited (EOL).

7:17am BST

Rosneft, partners to announce acquisition of India's Essar Oil completed

NEW DELHI/MUMBAI A consortium led by Russian oil major Rosneft will announce on Monday completion of a $12.9 billion deal to acquire Indian private refiner Essar Oil, strengthening ties between the world's largest oil producer and the fastest growing fuel consumer.

20 Aug 2017

India investigates after fourth big train accident in past year kills 23

NEW DELHI India began investigating on Sunday a train crash in which 23 people were killed, the fourth major accident over the past year on the world's fourth biggest rail network which is grappling with chronic under-investment and over-crowding.

20 Aug 2017

Train derails in India, killing about 20 and injuring scores more

NEW DELHI/MUMBAI A train came off the tracks in northern India on Saturday, killing about 20 people and injuring scores more, as carriages slammed into each other, officials said. | Video

19 Aug 2017

Exclusive - Taking aim at China, India tightens power grid, telecoms rules

NEW DELHI India is tightening the rules for businesses entering its power transmission sector and making stringent checks on both power and telecoms equipment for malware - moves that government and industry officials say aim to check China's advance into sensitive sectors.

17 Aug 2017

India, China soldiers involved in border altercation - Indian sources

NEW DELHI/SRINAGAR, India Indian and Chinese soldiers were involved in an altercation in the western Himalayas on Tuesday, Indian sources said, further raising tensions between the two countries which are already locked in a two-month standoff in another part of the disputed border.

16 Aug 2017

Cracking down on 'black' money, India steps up scrutiny of shell firms

NEW DELHI/KOLKATA When India's Prime Minister Narendra Modi banned high-denomination currency bills in a surprise move late last year, authorities noticed a surge in shell companies depositing cash in banks, seemingly in a bid to hide who owned that wealth.

16 Aug 2017

Modi urges India to reject violence in name of religion

NEW DELHI Prime Minister Narendra Modi urged India on Tuesday to reject religious violence, after a series of attacks against minorities sparked debate about whether a surge of Hindu nationalism is undermining the country's secular ideals.

15 Aug 2017

Ten sailors missing after U.S. warship, tanker collide near Singapore

SINGAPORE Ten sailors are missing after a U.S. warship collided with an oil tanker east of Singapore before dawn on Monday, tearing a hole beneath the waterline and flooding compartments that include a crew sleeping area, the U.S. Navy said. | Video