Antrix told to pay Devas $672 million
The International Court of Arbitration upheld the Deutsche Telekom-funded Devas’s argument that the cancellation of the deal six years after an agreement in this regard was arbitrary An international tribunal has asked Antrix, a wholly-owned government entity under the Department of Space, to pay... read more »
Global stocks touch two-year low
In Dublin, the ISEQ index of Irish shares was down a hefty 2.68pc to 6055.96. That rout meant only a hand full of names escaped the general slide lower – among them Aminex. Datalex and Malin Corp. But for most names in Ireland and across Europe the day was market by declines. The pan-European... read more »
India Up 16 Places to 55th on Global Competitiveness Index
Geneva: In a big jump, India has moved up 16 positions to rank 55th on a global index of the world’s most competitive economies, where Switzerland remains on top. The jump in India’s position underlines the country’s recent economic recovery, improvement in the competitiveness of... read more »
Government slashes natural gas prices by 16% to $4.24 per unit
The government has cut natural gas prices by 16% to $4.24 per unit for the six-month period, beginning October 1. Natural gas prices, according to a formula approved by the government in October last year, will fall to $4.24 per million British thermal unit on net calorific value (NCV) basis from... read more »
Isil used chemical weapons against Kurds in Iraq, say German troops
German troops involved in a coalition training mission in Iraq have reported that Islamic State of Iraq and the Levant (Isil) fighters have used chemical weapons on a Kurdish militia. The... read more »
Tianjin explosions: The big questions that still remain
Tianjin, China (CNN)When the wind blows in this Chinese port city, shards of glass still rain down from damaged buildings. But many here are now more worried about a potential threat they... read more »
Two arrested over Bangladesh blogger Niloy Neel killing
Bangladesh police say they have arrested two suspected members of a banned Islamist group over the killing of atheist blogger Niloy Neel. The two men were suspected members of Ansarullah... read more »
Pakistan to hang Peshawar school massacre plotters
ISLAMABAD: Six militants who plotted and aided Pakistan’s worst ever terrorist attack at a Peshawar school are set to be hanged after Army Chief General Raheel Sharif confirmed their... read more »
In another symbol of thawing ties, Kerry to raise U.S. flag at re...
U.S. Secretary of State John Kerry travels to Cuba on Friday to raise the U.S. flag at the recently restored American embassy in Havana, another symbolic step in the thawing of relations between the... read more »
