The country is set to become the world’s second largest wine consumer by 2021, led by its burgeoning middle class A $300 bottle of wine sold in the U.S. and Europe is made in the unlikeliest of places: at the foot of the Himalayas in China, where farmers sing traditional …

Refrigerants are the major contributors to global warming By 2022, India is expected to have a fourth of the world’s air conditioning units, and the risks to climate from this could be immense, according to a report. The refrigerants used for cooling are the major contributors to global warming, and …

‘NBFCs should explore other options’ Amid growing demand for liquidity support for non-banking finance companies, the Reserve Bank of India (RBI) is unlikely to provide any special support to the sector, though it will continue to provide funds to the banking system as liquidity deficit in the system is a …

Centre misses internal deadline; analytical data sets not readily available The government will miss its internal deadline for the release of the back series of GDP data, according to NITI Aayog, which on Monday said the data would be released by the end of December. The government had earlier indicated …

Industrial production slows to 4.5%; slowing price growth in food, housing cools inflation to 3.31% Growth in industrial activity as measured by the Index of Industrial Production slowed marginally in September to 4.5% due to slowing growth in the manufacturing and capital goods sectors, official data released on Monday showed. …

Apex court seeks explanation from government on dissolution of Parliament One of Sri Lanka’s independent Election Commissioners joined a host of political parties in challenging President Maithripala Sirisena’s recent dissolution of Parliament, in the country’s Supreme Court on Monday. The court asked the Attorney-General to explain the President’s decision at …

On October 29, the court had clarified that the decision on when to start hearing the appeals would be decided by an “appropriate Bench” before which the matter would come up in January. The ABHM is one of the respondents in the appeal filed by legal heirs of M. Siddiq …

Authorities ready with zone-wise strategy The authorities in Kashmir on Monday geared up to meet any eventuality as the Meteorological Department forecast another spell of wet weather, a week after snowfall inflicted damage worth over Rs. 500 crore on the horticulture sector in the Valley. Sonum Lotus, Director, Meteorological Department, …

General Bipin Rawat says govt. has a clear-cut policy not to allow terrorists to create violence in J&K Army Chief General Bipin Rawat on Monday said that the government’s policy in Jammu and Kashmir was that those triggering terrorism in the State should be neutralised, but the Army’s focus was …

People opt for development, says Modi; launches projects for Rs. 2,400 cr. in Varanasi The people of the country are taking decisions based on development and not “politics of vote bank”, Prime Minister Narendra Modi said here on Monday.At an official function in his Lok Sabha constituency, the Prime Minister …