India is now the 3rd largest steel producer in the world
India has become the world’s third largest steel producer and is willing to produce 300 million tonnes in the next decade Union Steel & Mines Minister Narendra Singh Tomar said today. The country will replace USA at the 3rd spot. “So far India was the 4th largest steel producer in... read more »
Top 8 things to look out in the market today
The Nifty is likely to fall in early deals on Wednesday as weak cues from Asian markets, particularly Chinese stocks, hit sentiment on Dalal Street. Wall Street closed with modest gains as Crude Oil prices stabilized near 3-month lows. Nifty Futures, traded on the Singapore Exchange, point to a... read more »
UBS will lead the Ferrari IPO
Bloomberg reported Tuesday that UBS will be the investment bank that leads Ferrari’s initial public offering, scheduled for October. Bloomberg’s Tommaso Ebhardt, Ruth David, and Mark Clothier cited “people with knowledge of the matter” and added that “JPMorgan Chase... read more »
CBI registers case against Teesta Setalvad for ”illegal” foreig...
The Central Bureau of Investigation has registered a case against civil rights activist Teesta Setalvad for allegedly receiving funds from foreign entities without prior permission from the government. The FIR also names Teesta`s husband Javed Anand, businessman Gulam Mohammed Peshimam and Sabrang... read more »
USA reach Women’s World Cup final after 2-0 win over Germany
The United States women’s football team reached their fourth World Cup final after defeating two-time champions Germany 2-0 in Montreal. Following a goalless first half, captain Carli... read more »
Wimbledon action keeps Amdavadis busy
With zero cricket action, most Amdavadis have a respite of sorts with Wimbledon action going on in London. It was easy passage for tops seeds Roger Federer, Rafael Nadal and Andy Murray on... read more »
RK Nagar by-poll, a prelude to assembly elections
Chief Minister Jayalalithaa has won the Dr. Radhakrishnan Nagar by-poll with a thumping margin of nearly 1.50 lakh votes, raising party’s hope that it would serve as a precursor to the... read more »
Chinese submarine docking in Karachi no threat to India
Playing down its submarine’s docking in Pakistan’s Karachi port in May, China has said the movement of Chinese vessels was not directed against any third party and the PLA navy’s... read more »
India to ink agreement with Myanmar, Thailand
In the wake of an agreement between India, Bangladesh, Nepal and Bhutan for unhindered vehicular movement, a similar accord with Myanmar and Thailand will facilitate smoother surface movement in the... read more »
