Antrix told to pay Devas $672 million
The International Court of Arbitration upheld the Deutsche Telekom-funded Devas’s argument that the cancellation of the deal six years after an agreement in this regard was arbitrary An international tribunal has asked Antrix, a wholly-owned government entity under the Department of Space, to pay... read more »
Global stocks touch two-year low
In Dublin, the ISEQ index of Irish shares was down a hefty 2.68pc to 6055.96. That rout meant only a hand full of names escaped the general slide lower – among them Aminex. Datalex and Malin Corp. But for most names in Ireland and across Europe the day was market by declines. The pan-European... read more »
India Up 16 Places to 55th on Global Competitiveness Index
Geneva: In a big jump, India has moved up 16 positions to rank 55th on a global index of the world’s most competitive economies, where Switzerland remains on top. The jump in India’s position underlines the country’s recent economic recovery, improvement in the competitiveness of... read more »
Government slashes natural gas prices by 16% to $4.24 per unit
The government has cut natural gas prices by 16% to $4.24 per unit for the six-month period, beginning October 1. Natural gas prices, according to a formula approved by the government in October last year, will fall to $4.24 per million British thermal unit on net calorific value (NCV) basis from... read more »
South African cricket team arrives in India for Gandhi-Mandela series
New Delhi: A formidable South African cricket team arrived in India on Sunday for a two-and-a-half month long series to begin on October 2 with the first T20 International (T20I) against... read more »
Faf du Plessis expects to face an aggressive Team India
It won’t be wrong to say that the coming T20 series between India and South Africa will be the start of a tune-up for the two heavyweights in run-up to the ICC World Twenty20 next... read more »
Abhinav Bindra shoots gold as India finish on top
NEW DELHI: It is rare to see Abhinav Bindra pumping his fist in air after winning a medal. The Beijing Olympics gold medallist did just that after shooting his last shot in the final of... read more »
Death toll of Indians in Haj stampede rises to 45
Saudi authorities have put the total death toll from the stampede during Haj to 769, while the number of injured stands at 934. The number of Indians killed in a stampede at the Haj rose to... read more »
SC rejects Somanath Bharti’s bail plea, asks him to surrender tod...
The Supreme Court on Monday rejected the bail plea of AAP MLA Somnath Bharti, accused of attempt to murder and dowry harassment by his estranged wife, and asked him to surrender by evening. The... read more »
