Author Archives

Parveen Kumar

Founder, C.E.O & Editor-in-Chief

Sri Lanka president faces pressure to end political crisis

COLOMBO : Sri Lanka President Maithripala Sirisena is under increasing pressure to uphold the island nation’s constitution and reconvene parliament after his decision to replace the prime minister triggered political turmoil. Sri Lanka was plunged into the crisis on Friday when Sirisena sacked Prime Minister Ranil Wickremesinghe and […]

Chinese traders play down impact of new animal feed guidelines on soy demand

BEIJING : Oilseed traders in China on Monday played down the potential impact on soy consumption of new government guidelines to lower the protein content of animal feed, saying that rising soymeal and soybean prices would be a far bigger curb on appetite. The nation has been pursuing […]

China environment facing pressures from economic slowdown: minister

SHANGHAI : China’s pollution control efforts are coming under increasing pressure from the nation’s slowing economy and officials must not drop their guard this winter, the country’s environment minister said in remarks published on Monday. At a meeting last week, Minister of Ecology and Environment Li Ganjie told […]

After years of global success, Reliance Industries faces oil shock at home

SINGAPORE/NEW DELHI : eliance Industries, currently India’s second most valuable listed company, got rich by trading fuel across Asia, Africa and Europe while effectively ignoring its home market. Reliance’s refineries processed crude from the nearby Middle East and sold fuel to fast-growing markets in North Asia including China, Japan, […]

HSBC sees limited impact on Saudi Arabia investment following journalist death: CEO

LONDON : Saudi Arabia is unlikely likely to see significant impact on its trade and investment flows following the killing of journalist Jamal Khashoggi, the chief executive of Europe’s biggest bank HSBC said on Monday. “It has been a difficult few weeks for the kingdom, this has not […]

Financial markets rise on liquidity plan, shake off row between RBI, government

MUMBAI : India’s financial markets rose on Monday, shrugging off concerns about a growing spat between the central bank and the government and preferring to take solace from plans for a big liquidity injection by the bank. On Friday night, Reserve Bank of India (RBI) Deputy Governor Viral […]

Trump’s Iran sanctions resolve faces test from oil-thirsty China, India

WASHINGTON/SINGAPORE : Shortly after U.S. President Donald Trump announced in May he would reimpose sanctions on Iran, the State Department began telling countries around the world the clock was ticking for them to cut oil purchases from the Islamic Republic to zero. The strategy is meant to cripple […]

Afghan election commission officials injured in blast near Kabul headquarters

KABUL : A suicide bomber detonated explosives near Afghanistan’s election commission headquarters in Kabul on Monday, injuring at least six people, officials said. At least four officials of the Independent Election Commission (IEC) and two policemen were wounded in the attack, said Najib Danish, a spokesman for the […]

India and Pakistan share ACT hockey title, Akashdeep named best player

Muscat : India’s Akashdeep Singh was adjudged player of the tournament but the team had to share the Asian Champions Trophy with Pakistan after the much-anticipated summit clash was abandoned due to heavy downpour here. Heavy rain delayed the start of the final on late Sunday night and even […]

Priyanka Chopra’s pre-wedding celebrations begin in NYC

New York : Priyanka Chopra celebrated her bridal shower Sunday night ahead of her wedding with Amiercan singer Nick Jonas. The 36-year-old Indian star looked gorgeous in a white strapless Marchesa dress as she partied with her close friends at Tiffany’s Blue Box Cafe in New York City. The […]

Headlines