Sensex drops 500 points intraday A combination of global and domestic factors affected investor sentiment on Monday with the benchmark indices registering their biggest single-day fall in almost six months. While renewed concerns over an escalation of trade war between the U.S. and China pulled down global markets, the domestic …
Read More »India may overtake China in farmed shrimp production
‘Many producers planning to expand capacity’ India is set gain the top slot in farmed shrimp production, overtaking China in 2019-20, said Ravi Kumar Yellanki, president, Society of Aquaculture Professionals. “We have already overtaken China in shrimp exports last year but are on par with regard to farmed shrimp production. …
Read More »Google wants more time to meet data storage norms
‘Pichai sought two more months for Google Pay to comply’ Technology giant Google has sought two more months from the Indian government to comply with RBI guidelines mandating storing of data by digital payment services providers locally. The Reserve Bank of India (RBI), in April this year, had directed payment …
Read More »RBI intervenes as rupee breaches 72.5 to dollar
Currency among worst performers in emerging markets; widening current account deficit weighs, more rate hikes may be on the cards The rupee breached 72.5 a dollar on Monday and touched all-time low of 72.67 intraday as the current account deficit widened to five- year high in the first quarter of …
Read More »Sergei Skripal was a little fish, but had a big enemy
The lives of the former spy and Putin, two former intelligence agents from the Soviet-era, intersected at key points Sergei V. Skripal was a little fish. This is how British officials now describe Mr. Skripal, a Russian intelligence officer they recruited as a spy in the mid-1990s. When the Russians …
Read More »Fuel prices continue the upward march
The state-owned oil marketing companies again increased the price of petroleum products such as petrol and diesel in the country on Monday, with Mumbai paying the highest among the four major metros. Petrol costs Rs. 88.12 a litre and diesel Rs. 77.32 in the city, according to the daily price …
Read More »Reduce VAT on fuel: Kamal Nath to Madhya Pradesh government
Senior Congress leader raises demand after neighbouring Rajasthan reduced tax on petrol, diesel on Sunday Madhya Pradesh Congress president Kamal Nath on Monday demanded that the State government reduce VAT on fuel two times of what has been done in neighbouring Rajasthan. Rajasthan Chief Minister Vasundhara Raje had on Sunday …
Read More »Tejas clears maiden mid-air re-fuelling trial
The first ever mid-air refuelling of the indigenously developed Light Combat Aircraft (LCA) Tejas was successfully carried out Monday, placing India in an elite group of countries which have developed the air-to-air refuelling system for military aircraft. With this first trial, the aircraft gets much closer to the important battle-ready …
Read More »Extend NRC to all States and seal border: Sonowal
‘What happens if illegal immigrants shift to another State?’ Defending the National Register of Citizens exercise, Assam Chief Minister Sarbananda Sonowal on Monday recommended such an exercise in all States. “The unabated influx from Bangladesh cannot be seen as a standalone problem of Assam. Assam accounts for just a fraction …
Read More »Casting capers: Maneka sees animals in wrong role
Minister accuses the AWBI of not enforcing rules that specify how animals can be depicted in films and television shows Union Women and Child Development Minister Maneka Gandhi has locked horns with the Animal Welfare Board of India (AWBI), accusing it of being lax in enforcement of rules that specify …
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