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The LPG puzzle

Eugene Wigner, the great physics Nobel laureate, once said that in national politics, the truth is often less popular than a clever lie. Thus it has been with the manner in which the Aadhaar legislation…

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RIL, BP ready to drop arbitration over gas prices?

New Delhi: Is Reliance Industries Ltd (RIL) ready to bury the hatchet with the government over its dispute on natural gas prices, which is now in arbitration? Recent developments suggest so. RIL and its partner…

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Stocks and crude oil are rallying

US stocks opened higher, following the steepest sell-off in two months on Thursday. Right after the open and near 9:32 a.m. ET, the Dow was up 94 points, the S&P 500 was up 13 points,…