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Kuwait eyes pie in IOC Paradip refinery

Jul 28, 2014 at 03:42 | Source: Calcutta Telegraph News

New Delhi, July 27: Oil-rich Kuwait is in talks with Indian Oil Corporation (IOC) to invest in its Paradip refinery project. Sources said the Gulf nation was also keen on picking up a stake in the proposed petrochemical project. “We are discus...

Liberian man in Lagos being tested for Ebola

Jul 25, 2014 at 05:30 | Source: FirstPost

LAGOS (Reuters) - A Liberian man is being tested for the deadly Ebola virus after he collapsed on arrival at an airport in Nigeria's commercial capital Lagos, a mega-city of 21 million people, the Lagos State Health Ministry said on Thursday.Ebola ha...

Rival Libyan militias clash in Tripoli, Benghazi

Jul 25, 2014 at 02:45 | Source: FirstPost

TRIPOLI (Reuters) - Heavy black smoke rose over southern Tripoli on Thursday after rival militias exchanged artillery and rocket fire in a battle over the Libyan capital's airport that has killed more than 50 people in nearly a fortnight of fighting....

Suicide attack escalates violence as Libya's oil output slips

Jul 23, 2014 at 11:14 | Source: FirstPost

Benghazi: A twin suicide bombing at a Libyan army base in Benghazi killed at least four solders in an escalation of clashes between Islamist militants and regular forces battling to oust them from the eastern city.A first attacker blew himself up at ...

Suicide attack escalates violence as embattled Libya's oil output slips

Jul 23, 2014 at 08:08 | Source: FirstPost

Benghazi: A twin suicide bombing at a Libyan army base in Benghazi killed at least four solders in an escalation of clashes between Islamist militants and regular forces battling to oust them from the eastern city.A first attacker blew himself up at ...

Suicide attack escalates Libya violence, oil output slips

Jul 23, 2014 at 02:15 | Source: FirstPost

BENGHAZI Libya (Reuters) - A twin suicide bombing at a Libyan army base in Benghazi killed at least four solders in an escalation of clashes between Islamist militants and regular forces battling to oust them from the eastern city.A first attacker bl...

India cuts down dependence on Iran oil

Jul 22, 2014 at 17:36 | Source: FirstPost

New Delhi: India has cut its reliance on Iran for meeting its oil needs to less than 6 percent as it raised imports from countries like Columbia and Mexico.India imported 11 million tonnes of crude oil from Iran in the fiscal year ending 31 March 201...

Reliance profit tops forecast

Jul 20, 2014 at 03:21 | Source: Calcutta Telegraph News

Mumbai, July 19: Reliance Industries Ltd (RIL) today beat Street estimates for the first quarter ended June 30, backed by a stable refining business and inclusion of its US shale gas numbers in the consolidated figures. The private sector giant post...

Indian actor Farhan Akhtar's campaign for women's rights

Jul 19, 2014 at 03:32 | Source: BBC

Bollywood actor-director Farhan Akhtar is promoting a campaign called MARD - Men Against Rape and Discrimination - to get Indian men to respect women at a time when the country is outraged over cases of brutal violence against women. He spoke to the ...

ASSOCHAM Reaction on trade data: Keep eye on gold imports; electronics need support

Jul 17, 2014 at 00:27 | Source: Assocham

A detailed analysis of the trade data released today shows that while engineering, petroleum goods and others have bounced back, the agri exports and shipments of electronics goods are causing concern requiring immediate support from the government,...

Confronting life's unknown insecurities and taming demons (Book Review)

Jul 16, 2014 at 23:15 | Source: FirstPost

Title: Passion Flower: Seven Stories of Derangement; Author: Cyrus Mistry; Publisher: Aleph; Pages: 199; Price: Rs. 495There is a wicked demon in all of us. Lying dormant somewhere, partially active, at times justifying our actions or lamenting and b...

Chinese town trades lead poison test results for milk

Jul 16, 2014 at 04:45 | Source: FirstPost

DAPU China (Reuters) - After a test showed farmer Zhao Heping's toddler grandson had high levels of lead in his blood two years ago, local officials in China's Hunan province offered the child medicine, he says and milk. In return, Zhao says, offici...

Budget at a glance: The important numbers you need to know

Jul 11, 2014 at 14:19 | Source: FirstPost

Finance minister Arun Jaitley's maiden budget maybe strong on intent but it failed to provided details on revenue and expenditure measures to lower India's fiscal deficit as well as lacked a vision statement on how he plans on cutting subsidies over ...

Jaitley's budget rates a 7 out of ten from a macro-economic standpoint

Jul 11, 2014 at 08:31 | Source: FirstPost

In what must be one of the longest Budget speeches which wenton for 43 pages, the finance minister has not quite presented a revolutionary set of proposals as was expected by the market, but focused on fiscal prudence and gradual movement towards the...

Will India budget please the masses?

Jul 10, 2014 at 22:17 | Source: BBC

The first budget of the newly-elected Indian Prime Minister Narendra Modi's government seeks to raise revenues by divesting shares of government-owned enterprises and has raised limits on foreign investment in companies providing insurance servi...

Budget 2014 Live: Need to take India's GDP growth back to 8-9%, says Jaitley

Jul 10, 2014 at 14:44 | Source: FirstPost

Don't think we should be satisfied with this budget, says Jaitley"I don't think I should be satisfied. We have to take India back to growth rate of 8 to 9 per cent," he said. Jaitley said he wished he could relieve small income earners of p...

Trade-off clue in overview Growth wins over deficit

Jul 10, 2014 at 11:42 | Source: Calcutta Telegraph News

New Delhi, July 9: The Narendra Modi-government could settle for a higher fiscal deficit than mandated under the Fiscal Responsibility and Budget Management (FRBM) Act in the short term as it tries to crank up a faltering economy, forecasting a grow...

Export hope fails to mask CAD concern

Jul 10, 2014 at 11:42 | Source: Calcutta Telegraph News

New Delhi, July 9: The global economy is showing signs of growth, brightening the prospect of the country’s exporters. However, a spike in crude prices because of the strife in Iraq and a duty cut in gold could impact the current account defic...

Budget 2014: Expect housekeeping from Arun Jaitley, not major reforms

Jul 10, 2014 at 08:09 | Source: FirstPost

The Union Budget is a statement of account quite analogous to the profit and loss account of a corporate entity. It gives the income to be earned and money to be spent based on certain assumptions. Unlike the conventional P & L, it is forward...

Divestment drive to cutting giveaways: All the expectations from Budget 2014

Jul 10, 2014 at 07:48 | Source: FirstPost

Finance Minister Arun Jaitley will present the budget for the 2014/15 fiscal year on Thursday, after his Bharatiya Janata Party won a landslide victory in May to form the first majority government in three decades.The budget is expected to unveil bol...

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