To clear Rs 14,000 cr dues to farmers, govt wants mills to export 4 mn t su...
New Delhi – Aiming to clear cane arrears worth about Rs 14,000 crore to farmers, the Centre today directed cash-starved mills to compulsorily export 4 million tonnes of sugar in the 2015-16 marketing year, beginning next month. Industry body ISMA, however, said market sentiments should... read more »
Uber’s China rival Didi Kuaidi may join Ola fundraising
MUMBAI: The Uber vs Ola war is about to get more intense, and maybe even spill beyond the streets of India. Didi Kuaidi, China’s largest taxi-aggregator app, which is backed by Alibaba, the internet behemoth, is learnt to be investing in homegrown Ola, giving both players greater firepower to... read more »
RBI’s job is to keep inflation low at all times, says Rajan
MUMBAI: Despite the clamour for a rate cut to boost the stagnating economy, Reserve Bank governor Raghuram Rajan has made it clear that the central bank favours a rate of interest that benefits both borrowers and savers. “For the RBI, the key tasks are to keep inflation low not just today... read more »
Israeli aircraft strike Gaza after rocket fire
Israel carried out air strikes in the Gaza Strip on Saturday after Palestinian militants there fired rockets into southern Israel. The overnight air strikes targeted two training camps belonging to the Islamist group Hamas, causing no injuries, officials and witnesses said. Late on Friday, Gaza... read more »
Rakesh Maria May Not Retain Charge of Sheena Bora Probe: Sources
NEW DELHI: Rakesh Maria, who was removed as Mumbai’s police commissioner on Tuesday, is unlikely to retain charge of the Sheena Bora murder investigation despite the Maharashtra... read more »
Rakesh Maria ‘not thinking of resigning’
A day after he was shunted out of the post of Mumbai Police Commissioner, senior IPS officer Rakesh Maria on Wednesday said he was not contemplating quitting. “I am not thinking of... read more »
BCCI like a sThe PCB should listen to Javed Miandad and stop chasing the purned lover
Pakistan great and India nemesis, Javed Miandad, is at it again. At a recent function in Karachi, Miandad advised the Pakistan Cricket Board (PCB) to stop chasing after the BCCI to play a... read more »
Indonesia migrant boat death toll rises to 61
Sixty-one bodies have been recovered from an overloaded wooden boat which sank off Malaysia carrying dozens of Indonesian illegal immigrants, maritime officials said on Monday. The dead... read more »
Over 13,000 Palestinian homes to be demolished by Israel: UN
The United Nations says some 13,000 Palestinian structures in the occupied West Bank are currently under Israeli demolition orders. In a Monday report titled “Under Threat”, the UN Office for the... read more »