Day: December 5, 2018

Modi’s backers step up holy site dispute as Indian election looms

AYODHYA, India (Reuters) – When a Hindu mob tore down a centuries-old mosque in the northern Indian town of Ayodhya 26 years ago, Haji Mahboob Ahmad says he and his family had to flee to a Muslim religious school miles away to escape deadly rioting. In days of communal […]

ONGC gets $32 million payment from Venezuela’s PDVSA

NEW DELHI – India’s Oil and Natural Gas Corp has received a payment of $32 million from Petroleos de Venezuela (PDVSA) as part of a settlement of outstanding dividend payments and said it now hopes that Venezuela’s state oil firm will be regular in making further payments, a […]

Key accused in Agusta Westland chopper scam extradited to India

NEW DELHI  – A key accused and alleged middleman in India’s abortive, scandal-tainted helicopter deal with Anglo-Italian firm Agusta Westland was extradited to India from Dubai late on Tuesday, according to local media. The Indian federal Police said earlier in the day that Christian Michel would arrive in […]

Etihad discusses rescue deal for India’s Jet Airways with bankers: sources

NEW DELHI – Abu Dhabi-based Etihad Airways, the second largest shareholder of Jet Airways Ltd (JET.NS), is holding talks with the debt-laden Indian carrier and its bankers on a rescue plan, two sources aware of the matter told Reuters. Shares in Jet Airways rose as much as 3 […]

World’s first baby born via womb transplant from dead donor

LONDON, Dec 4 – A woman in Brazil who received a womb transplanted from a deceased donor has given birth to a baby girl in the first successful case of its kind, doctors reported. The case, published in The Lancet medical journal, involved connecting veins from the donor […]

Maruti Suzuki India to hike prices to combat higher costs

Maruti Suzuki India Ltd will raise prices across various car models next month to mitigate the impact of high commodity prices and foreign exchange rates, the automaker said on Wednesday. “It has become imperative for the company to pass on some impact of the … additional cost to […]

More trouble ahead for bruised rupee: Reuters poll

BENGALURU – The rupee will weaken over the six next months as uncertainty builds heading into national elections due in May, a Reuters poll showed. While a sharp drop in oil prices should help the slowing economy and the rupee, concerns will also persist over sluggish domestic demand […]

Expert Views: RBI keeps rates on hold, as expected

India’s central bank kept interest rates unchanged at a policy meeting on Wednesday to offer support for an economy that has lost some momentum, in a decision that was widely expected as inflation has eased significantly. The monetary policy committee (MPC) kept the repo rate unchanged at 6.50 […]

WCD Ministry to formulate guidelines for Children’s Hostels

open view web desk The Ministry of Women and Child Development is formulating guidelines for  children’s hostels, prescribing the minimum standards of care that should be provided to children. This comes in the wake of institutions, housing children on the request of parents who are unable to take […]

India’s heaviest communication satellite GSAT-11 launched successfully from French Guiana

open view web desk Indian Space Research Organisation’s (ISRO) heaviest and most-advanced high throughput communication satellite GSAT-11 was successfully launched from the Spaceport in French Guiana during the early hours today. The launch vehicle Ariane 5 VA-246 lifted off from Kourou Launch Base, French Guiana at 02:07 am […]

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