Month: March 2021

EXCLUSIVE U.S. Congress launches probe into multibillion-dollar ‘clean coal’ tax credit

The U.S. Congress is investigating a multibillion-dollar subsidy for chemically treated coal that is meant to reduce smokestack pollution, after evidence emerged that power plants using the fuel produced more smog not less. The outcome of the probe could play a big role in whether lawmakers vote to […]

U.S. becomes India’s second biggest oil supplier, Saudi plunges to No. 4

The United States overtook Saudi Arabia as India’s second biggest oil supplier after Iraq last month, as refiners boosted cheaper U.S. crude purchases to record levels to offset OPEC+ supply cuts, data from trade sources showed. The switch in supplies, triggered by lower U.S. crude demand, coincided with […]

Biden’s secretary of state makes overseas debut with visit to Japan, Korea

U.S. Secretary of State Antony Blinken and Defence Secretary Lloyd Austin landed in Tokyo on Monday, starting a four-day visit to the region, highlighting Washington’s renewed focus on alliances in Indo-Pacific in the face of assertive China. The visit, from March 15 to 18, to Tokyo and Seoul […]

China asks Alibaba to curtail media assets – WSJ

China’s government has asked Alibaba Group Holding Ltd (9988.HK) to dispose of its media assets, the Wall Street Journal reported on Monday, citing people familiar with the matter. Discussions over the matter have been held since early this year, the report said, adding that officials were shocked at how expansive […]

Security forces fire on Myanmar protests after deadliest day since coup

Myanmar security forces fired on pro-democracy demonstrators on Monday, killing six people, media and witnesses said, a day after dozens of protesters were shot dead and attackers torched several Chinese-financed factories in the city of Yangon. Supporters of detained democratic leader Aung San Suu Kyi marched again, including […]

Privatisation of Defence PSUs

DELHI, MARCH 15: The Government is planning to decrease shareholding in Defence Public Sector Undertakings (DPSUs) namely, BEML Ltd., Garden Reach Shipbuilders & Engineers Limited (GRSE) and Mishra Dhatu Nigam Limited (MIDHANI).  The completion of a transaction depends on market conditions.  Therefore, it is not possible to predict […]

BJP meet: Rajnath urges dialogue between farmers, govt

Lucknow, Mar 15:  Defence Minister Rajnath Singh on Monday urged dialogue between the protesting farmers and the Centre while addressing a meeting of BJP office bearers, during which he also invoked the border clashes with China and the construction of the Ram temple. Making an appeal to farmers […]

Aamir Khan quits social media

Mumbai, Mar 15: Bollywood superstar-producer Aamir Khan on Monday announced that he has decided to leave social media, adding that updates about his future projects will be available on his production banner’s official account. Khan, who turned 56 yesterday, also thanked his well-wishers for their love and warmth on […]

Nationwide strike impacts banking services of PSU banks

New Delhi, Mar 15: Banking operations including cheque clearance across the country got affected on Monday as bankers under the aegis of the United Forum of Bank Unions (UFBU) have gone on a nationwide strike to protest against the proposed privatisation of two state-owned lenders UFBU, an umbrella body […]

At least 4 people shot dead in Myanmar anti-coup protests

YANGON, Myanmar — At least four people were shot dead during protests in Myanmar on Sunday, as security forces continued their violent crackdown against dissent following last month’s military coup. Two of the victims were killed in Yangon, the country’s largest city. One of them was shot in […]

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