SC to hear final arguments in I-T case against Rahul, Sonia on Dec 4

New Delhi : The Supreme Court Tuesday fixed December 4 for final arguments in the petitions filed by Congress chief Rahul Gandhi and his mother Sonia Gandhi challenging the Delhi High Court’s order related to a case of re-opening of their 2011-12 tax assessments. The high court had refused […]

Vice President Pence pushes Japan for bilateral free trade agreement

TOKYO – U.S. Vice President Mike Pence, keeping up pressure on Japan to cut its trade surplus with the United States, said on Tuesday American goods and services too often faced barriers in Japan and a bilateral trade agreement offered the best way forward. Speaking to reporters after […]

Tata Sons begins due diligence to buy Jet Airways: report

  Indian conglomerate Tata Sons is conducting due diligence on Jet Airways as it explores the purchase of a controlling stake in the cash-strapped airline, Mint newspaper reported on Tuesday citing two people directly aware of developments. Saurabh Agarwal, chief financial officer of Tata Sons, is leading the […]

Gas to overtake coal as world’s second largest energy source by 2030: IEA

LONDON – Natural gas is expected to overtake coal as the world’s second largest energy source after oil by 2030 due to a drive to cut air pollution and the rise in liquefied natural gas (LNG) use, the International Energy Agency (IEA) said on Tuesday, The Paris-based IEA […]

Indian palm oil imports unlikely to rise despite fall in prices

MUMBAI  – India’s palm oil imports are unlikely to climb over November to January even as prices for the commodity plumb their lowest in three years, reined in by ample local supply of rival oilseeds and as a liquidity crunch hits would-be buyers, traders said. Men work on […]

Urjit Patel met PM, RBI may review lending curbs: media

MUMBAI – Urjit Patel, the governor of the Reserve Bank of India (RBI), met Prime Minister Narendra Modi on Friday to discuss flash points between the central bank and the government, CNBC-TV18 tweeted late on Monday, citing sources. The RBI is considering a loan restructuring package for small […]

Thick haze engulfs Delhi, air quality remains severe

New Delhi :  A thick haze engulfed the national capital on Tuesday as the air quality remained in the “severe” category and authorities expressed concern that light rainfall in the city may worsen the pollution levels. The overall air quality index (AQI) was recorded at 403, which falls in […]

Fresh pleas on Sabarimala will be heard after review petitions decided: SC

New Delhi : The Supreme Court on Tuesday made it clear that fresh pleas relating to the Sabarimala Temple will be heard only after it decides the earlier petitions seeking review of the judgement allowing entry of women of all age groups into the shrine in Kerala. A bench […]

For sale: Obrador seeks buyers for Mexico’s presidential jet

Andrés Manuel López Obrador wants to sell Mexico’s presidential jet when he takes office in less than three weeks. As part of a populist pledge of frugality and restaint that carried him to a landslide victory in July, López Obrador — or AMLO that designates his initials — is […]

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