Sri Lanka today formally handed over the southern sea port of Hambantota to China on a 99-year lease. Two Chinese firms – Hambantota International Port Group (HIPG) and Hambantota International Port Services (HIPS) managed by the China Merchants Port Holdings Company (CMPort)…
Russian President Vladimir Putin offered Saudi energy minister Khalid al-Falih to buy Russian liquefied natural gas (LNG) in order to spare Saudi Arabia’s oil, the Interfax news agency reported him as saying on Friday. “Buy our gas and you’ll save oil,” Putin…
Australia legalised same-sex marriage on Thursday, paving the way for the first gay weddings to be held early next year and triggering jubilant celebrations at Parliament House. Lawmakers and supporters of marriage equality in the public gallery cheered and applauded as the…
A MiG-21 Bison aircraft of the Indian Air Force today made an emergency landing during a test flight at Sanganer Airport here. “The MiG-21 aircraft was under repair at the airport and took off for a test flight but it developed some…
India has slipped six notches to 37th position among 60 major economies in the world in terms of their attractiveness to Chinese firms, while Singapore topped the list compiled by the Economist Intelligence Unit. According to the latest EIU’s China Going Global…
Oil edged higher on Thursday, regaining ground from sharp losses the previous day brought on by an unexpectedly large rise in U.S. stocks of refined fuels. Brent crude futures traded 52 cents higher at $61.74 a barrel by 1446 GMT. U.S. West…
The government has engaged private lender ICICI BankBSE -1.56 % to enable online payments at 470 mandis integrated with national portal of electronic National Agriculture Market (e-NAM), a senior Agriculture Ministry official said today. At present, e-NAM participants are doing payments through…
So as to support non-cash transactions which were stale for quite a while after new notes came back to banks, the Reserve Bank of India defended the Merchant Discount Rate (MDR) on Wednesday. The central bank has changed the charge levels to…
Japanese automotive company Nissan on Friday said it was focused on working with the Indian government to fix a conflict about pending incentives to be given by the Tamil Nadu government. The automotive company has allegedly dragged the Indian government to international…
Keeping in mind the end goal to build business from the Indian shores, a cruise liner has begun serving ‘Jain’ food to the guests while they are cruising either inside India or abroad. The luxury liners are taking a gander at Indian…
