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Formula One teams on edge as new regulations face first test in Australia

Formula One teams on edge as new regulations face first test in Australia ## Melbourne Unveils New F1 Era: Teams Brace for Regulatory Crucible The roar of Formula 1 engines is set to echo through Melbourne’s Albert Park this weekend, but beneath the familiar spectacle lies a palpable tension.... read more »

New Zealand annihilate South Africa to r...

New Zealand annihilate South Africa to reach T20 World Cup final

New Zealand annihilate South Africa to reach T20 World Cup final **Black Caps Secure Spot in T20 World Cup Final with Dominant Performance** **Auckland, New Zealand –** New Zealand has booked its place in the T20 World Cup final following a commanding nine-wicket victory over South Africa in a... read more »

In a move that is likely to have a spiralling impact on the cost of travel for the common man, public transport and other related areas, Indraprastha Gas Limited (IGL) on Thursday announced a steep hike of Rs. 4.50 paise per Kg in the price of compressed natural gas (CNG), the second successive hike in three months. In a related move that could hurt the household budgets, IGL also hiked the price of cooking piped gas to kitchens by Rs. 5.15 per Kg with effect from Thursday midnight. Under the new pricing regime, CNG will cost Rs. 50.10 per Kg in Delhi and Rs. 56.70 per Kg in Noida, Greater Noida and Ghaziabad, IGL said in a statement in New Delhi. The price of piped natural gas (PNG) to the households in Delhi is being revised from Rs. 27.50 per standard cubic metre to Rs. 29.50 per scm up to consumption of 30 scm in two months. Beyond consumption of 30 scm in two months, the applicable rate in Delhi would be Rs. 52 per scm. Due to differential tax structure in Uttar Pradesh, the applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs. 31 per scm up to consumption of 30 scm in two months, which has been increased from existing Rs. 29 per scm. Beyond consumption of 30 scm in two months, the rate applicable in these cities would be Rs. 54 per scm. CNG price was last revised in September when it was hiked by a hefty Rs. 3.70 per kg. Price of CNG sold to automobiles in Delhi then increased from Rs. 41.90 to Rs. 45.60 per kg. Also at that time, the price of piped cooking gas, called PNG, for households has been hiked from Rs. 24.50 per scm to Rs. 27.50 per scm. The statement said the increase was primarily due to increase in input cost as a result of reallocation of domestically produced gas quantities by the government for all city gas distribution companies across the country. “There has been a reduction in allocation of APM gas to us, which is forcing us to source more quantity of market priced imported R-LNG, whose prices are currently on an upswing. This has affected our overall input cost by over 13 per cent. There has also been an increase in the operating expenses including increase in minimum wages announced by the government with effect from October 2013,” the statement added. Government reallocated domestic gas allocations to all city gas distribution companies across the country as a fall out of a recent court order. All the earlier gas allocations had been cancelled and the revised allocations now also include PMT gas, which is priced higher than APM gas. “In terms of volume, there has been nearly 5 per cent decrease in the overall quantity of domestic gas allocated to IGL for Delhi, Noida, Greater Noida and Ghaziabad. The reduction in allocation as well as increase in demand is forcing IGL to source much higher priced imported R-LNG. The prices of R-LNG have been on the rise recently and therefore, new R-LNG quantities are available in the market at much higher prices than the existing ones,” the company said. However, the company said the increase would not have a major impact on the per km running cost of vehicles. For autos, the increase would be 13 paise per km, for taxi it would be 22 paisa per Km and in case of buses, the increase would be Rs. 1.30 per km, which translates to just over two paisa per passenger-kilometre.

Nearly 66,000 Afghans displaced amid fie...

Nearly 66,000 Afghans displaced amid fierce fighting on Pakistan border: UN

Nearly 66,000 Afghans displaced amid fierce fighting on Pakistan border: UN ### Escalating Border Conflict Fuels Humanitarian Crisis: Tens of Thousands Displaced in Afghanistan **KABUL, Afghanistan –** A surge in hostilities along the porous Afghanistan-Pakistan border has triggered a significant... read more »

Trumps endgame in Iran: Regime change wi...

Trumps endgame in Iran: Regime change without US boots on the ground

Trumps endgame in Iran: Regime change without US boots on the ground ## Strategic Uncertainty Looms Over Iran Policy: Experts Question Efficacy of Air Power Alone Washington D.C. – The efficacy of a strategy focused solely on U.S. and Israeli air power to instigate regime change in Iran is being... read more »

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Asia

Pakistan suspends execution of Shoaib Sarwar

Pakistan called off the scheduled hanging of Shoaib Sarwar convicted on murder charges in what would have been the first execution of a civilian in six years, officials said on Wednesday. Shoaib,... read more »

Sri Lanka, China settle defence cooperation and ma...

Sri Lanka and China on Tuesday clinched defence and maritime security cooperation deal with Colombo pledging to sup port silk trade route, a pet... read more »

Iran rejects US-led coalition against IS

Seen from Tehran, which has helped both Damascus and Baghdad to confront IS advances, the coalition lacks credibility because some of its members had financed... read more »

Indian slams Pakistan for failing to act against Hafiz ...

New Delhi on Monday slammed Islamabad for failing to act against Hafiz Saeed, the alleged mastermind of the Mumbai attacks, after the Pakistani envoy said the... read more »

Rains in China kill 19, thousands evacuated

BEIJING: Heavy rains in China’s southwest have killed at least 19 people and left 20 missing, with tens of thousands of people evacuated due to flooding,... read more »

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Middle East

Khamenei defends Iran’s right to n-power

Tehran – Iranian Supreme Leader Ayatollah Ali Khamenei has said that Tehran will not retreat “an iota” from its nuclear rights, while stressing that West’s pressure will not... read more »

ASTER and AKMG launch Scholastic Awards to young a...

DUBAI- Aster, a part of DM Healthcare, the leading healthcare conglomerate in the Middle East and in India, has announced launching an annual... read more »

Saudi Arabia officially rejects term on UN Security Cou...

UN Security Council extends sanctions on Liberia

United Nations – Saudi Arabia, in an unprecedented moved, formally rejected Tuesday its two-year term on the UN Security Council, clearing the way for... read more »

Science, technology key to forging sustainable future: ...

United Nations – UN Secretary-General Ban Ki-moon Monday highlighted the vital role of science and technology in promoting peace and development, while... read more »

Egypt ranked `worst` for women among 22 Arab states

London – Egypt has been reportedly ranked the ‘worst’, when it comes to treating the women of the country, making it stand at an embarrassing low... read more »

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South Asia

Pakistani will pursue talks with Taliban

Islamabad – Pakistani Prime Minister Nawaz Sharif told cabinet ministers that his government will pursue talks with the Taliban despite the killing of its chief Hakimullah Mehsud in a recent US... read more »

Pakistan’s provincial assembly adopts anti-d...

Islamabad – Lawmakers in Pakistan’s northwest Khyber Pakhtunkhwa provincial assembly late Monday unanimously adopted a resolution against... read more »

US drone attacks violate Pak sovereignty: Sharif

The U.S. drone campaign violates the sovereignty of Pakistan, which will not allow its national security policies to be determined by foreign powers, Prime... read more »

Pervez Musharraf granted bail

Beleaguered former Pakistani military ruler Pervez Musharraf was on Monday granted bail in a case related to the death of a cleric of the radical Lal Masjid... read more »

Pak Taliban appoints Asmatullah Shaheen Bhittani as tem...

Islamabad – The Tehreek-e-Taliban Pakistan (TTP) has reportedly appointed Asmatullah Shaheen Bhittani as the organization’s new chief. The Pakistan... read more »

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