GVK Wins Court Fight Over Australian Coal Mine
Melbourne: Green groups lost a fight to stop billionaire Gina Rinehart and GVK from building a giant coal mine in Australia, as a court on Friday dismissed an appeal against the state of Queensland’s environmental approval for the project. Conservation group Coast and Country, originally... read more »
ONGC to buy 15% stake in Russia’s 2nd biggest oil field
State-owned Oil and Natural Gas Corp (ONGC) on Friday agreed to buy 15 per cent stake in Russia’s second biggest oil field of Vankor from Rosneft for USD 1.268 billion, its fourth biggest acquisition ever. ONGC Videsh Ltd, the overseas arm of the state explorer, signed an agreement to buy 15 per... read more »
Coal scam: former Coal Secretary granted bail
Former Coal Secretary H C Gupta and four others, including a senior public servant, were on Friday granted bail by a Special Court in a coal block allocation scam case. Special CBI Judge Bharat Parashar granted the relief to Gupta, serving public servant K S Kropha, who was a former Joint Director... read more »
Pressure for rate cut mounts as Raghuram Rajan completes second year as RBI...
Known for his hawkish outlook, Reserve Bank of India Governor Raghuram Rajan completes two successful years in office today. Bringing the retail inflation down to 3.8 per cent in July from 9.8 per cent in September 2013, Governor Rajan now faces the challenge for rate cuts with the finance ministry... 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 »
