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Formula One teams on edge as new regulat...

Formula One teams on edge as new regulations face first test in Australia

Formula One teams on edge as new regulations face first test in Australia ## Melbourne Unveils New F1 Era: Teams Brace for Regulatory Crucible The roar of Formula 1 engines is set to echo through Melbourne’s Albert Park this weekend, but beneath the familiar spectacle lies a palpable tension.... read more »

New Zealand annihilate South Africa to r...

New Zealand annihilate South Africa to reach T20 World Cup final

New Zealand annihilate South Africa to reach T20 World Cup final **Black Caps Secure Spot in T20 World Cup Final with Dominant Performance** **Auckland, New Zealand –** New Zealand has booked its place in the T20 World Cup final following a commanding nine-wicket victory over South Africa in a... read more »

In a move that is likely to have a spiralling impact on the cost of travel for the common man, public transport and other related areas, Indraprastha Gas Limited (IGL) on Thursday announced a steep hike of Rs. 4.50 paise per Kg in the price of compressed natural gas (CNG), the second successive hike in three months. In a related move that could hurt the household budgets, IGL also hiked the price of cooking piped gas to kitchens by Rs. 5.15 per Kg with effect from Thursday midnight. Under the new pricing regime, CNG will cost Rs. 50.10 per Kg in Delhi and Rs. 56.70 per Kg in Noida, Greater Noida and Ghaziabad, IGL said in a statement in New Delhi. The price of piped natural gas (PNG) to the households in Delhi is being revised from Rs. 27.50 per standard cubic metre to Rs. 29.50 per scm up to consumption of 30 scm in two months. Beyond consumption of 30 scm in two months, the applicable rate in Delhi would be Rs. 52 per scm. Due to differential tax structure in Uttar Pradesh, the applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs. 31 per scm up to consumption of 30 scm in two months, which has been increased from existing Rs. 29 per scm. Beyond consumption of 30 scm in two months, the rate applicable in these cities would be Rs. 54 per scm. CNG price was last revised in September when it was hiked by a hefty Rs. 3.70 per kg. Price of CNG sold to automobiles in Delhi then increased from Rs. 41.90 to Rs. 45.60 per kg. Also at that time, the price of piped cooking gas, called PNG, for households has been hiked from Rs. 24.50 per scm to Rs. 27.50 per scm. The statement said the increase was primarily due to increase in input cost as a result of reallocation of domestically produced gas quantities by the government for all city gas distribution companies across the country. “There has been a reduction in allocation of APM gas to us, which is forcing us to source more quantity of market priced imported R-LNG, whose prices are currently on an upswing. This has affected our overall input cost by over 13 per cent. There has also been an increase in the operating expenses including increase in minimum wages announced by the government with effect from October 2013,” the statement added. Government reallocated domestic gas allocations to all city gas distribution companies across the country as a fall out of a recent court order. All the earlier gas allocations had been cancelled and the revised allocations now also include PMT gas, which is priced higher than APM gas. “In terms of volume, there has been nearly 5 per cent decrease in the overall quantity of domestic gas allocated to IGL for Delhi, Noida, Greater Noida and Ghaziabad. The reduction in allocation as well as increase in demand is forcing IGL to source much higher priced imported R-LNG. The prices of R-LNG have been on the rise recently and therefore, new R-LNG quantities are available in the market at much higher prices than the existing ones,” the company said. However, the company said the increase would not have a major impact on the per km running cost of vehicles. For autos, the increase would be 13 paise per km, for taxi it would be 22 paisa per Km and in case of buses, the increase would be Rs. 1.30 per km, which translates to just over two paisa per passenger-kilometre.
Nearly 66,000 Afghans displaced amid fie...

Nearly 66,000 Afghans displaced amid fierce fighting on Pakistan border: UN

Nearly 66,000 Afghans displaced amid fierce fighting on Pakistan border: UN ### Escalating Border Conflict Fuels Humanitarian Crisis: Tens of Thousands Displaced in Afghanistan **KABUL, Afghanistan –** A surge in hostilities along the porous Afghanistan-Pakistan border has triggered a significant... read more »

Trumps endgame in Iran: Regime change wi...

Trumps endgame in Iran: Regime change without US boots on the ground

Trumps endgame in Iran: Regime change without US boots on the ground ## Strategic Uncertainty Looms Over Iran Policy: Experts Question Efficacy of Air Power Alone Washington D.C. – The efficacy of a strategy focused solely on U.S. and Israeli air power to instigate regime change in Iran is being... read more »

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Asia

US-led air strikes hit Qaida branch in Syria: Monitor

BEIRUT: US-led coalition air strikes hit al-Qaida’s Syrian branch overnight, expanding the raids to jihadists outside the Islamic State group for only the second time, a monitoring group said... read more »

Pakistani police officer kills man suspected of bl...

ISLAMABAD: Pakistani police say an axe-wielding officer killed a Shia man in police custody, claiming he had committed blasphemy by insulting... read more »

Terror groups citing ISIS crusade to recruit Indian you...

Terror groups are invoking the name of the Islamic State (IS) as a tool for recruiting youths in India. These youths can be trained in the lawless areas along... read more »

Beijing to punish Dalai supporters

BEIJING: Chinese authorities have pledged to punish officials who follow Tibetan spiritual leader, the Dalai Lama, and “support activities of splitting... read more »

Top Bangladesh Islamist ‘may hang next week’...

DHAKA : Bangladesh may hang a senior Islamist leader as early as next week after the Supreme Court upheld his death sentence for war crimes, the law minister... read more »

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Middle East

Bomb blasts as rioters fight police

MANAMA: Two home-made bombs exploded last night as security forces confronted saboteurs who were blocking roads and pelting policemen with Molotov cocktails in Saar. The Northern Police director... read more »

Swine flu cases in Bahrain rise to six

TWO more swine flu cases have been recorded in Bahrain this week, bringing the total to six. The GDN yesterday obtained the Health Ministry’s... read more »

WE CAN DO BUSINESS

MANAMA: London’s Lord Mayor yesterday described Bahrain as a gateway for Britain to do business with the region – and also enter Africa and the... read more »

Bank and Gulf Air sign agreement

MANAMA -Khaleeji Commercial Bank (KHCB) has signed a memorandum of understanding with Gulf Air which entitles KHCB’s credit card holders to discounts on... read more »

Winter Olympics begins

SOCHI, Russia: Russian President Vladimir Putin declared the Sochi Winter Games officially open yesterday at a high-octane opening ceremony before 40,000... read more »

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South Asia

Pakistani Taliban vows revenge af! ter leader's killing

Pakistani Taliban vows revenge af! ter leader’s killing

Islamabad – Confirming the killing of senior leader of the Haqqani Network, Naseeruddin Haqqani, the Pakistani Taliban has vowed to take revenge of the murder. Earlier, leaders of the group... read more »

Australian foreign minister to attend CHOGM in Lanka

Australian foreign minister to attend CHOGM in Lan...

New Delhi – Australian Foreign Minister Julie Bishop will participate in the Commonwealth Heads of Government Meeting (CHOGM) in Sri Lanka from... read more »

Most people in Myanmar want constitution amendment: Pol...

Most people in Myanmar want constitution amendment: Poll

Yangon – Myanmar’s opposition party, led by Aung San Suu Kyi, held a regionwide constitutional public opinion poll in Yangon Sunday in the form of... read more »

Raise rights at Sri Lanka summit, rights groups say

Sri Lanka trade show attracts $1 bn investment

New York – Governments attending the Commonwealth summit should press the host, Sri Lanka, on accountability for alleged war crimes and ongoing human... read more »

Haqqani network leader’s son killed in Pakistan

Haqqani network leader's son killed in Pakistan

Islamabad – Naseeruddin Haqqani, the son of Haqqani network leader Jalaluddin Haqqani, was killed in a firing incident here Sunday night, a media report... read more »

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North America

Bobby Jindal still deciding on 2016

Bobby Jindal still deciding on 2016

Washington – Louisiana’s Indian American Governor Bobby Jindal, an emerging Republican party star, believes it’s still way too early to announce whether or not he’s running... read more »

Obama orders 'review of spy operations'

Obama aware of spying on Merkel: German daily

Berlin – US President Barack Obama was aware of the alleged monitoring of mobile phone communications of Chancellor Angela Merkel, a German... read more »

German spy chiefs to visit US to investigate claims of ...

German spy chiefs to visit US to investigate claims of snooping on Merkel

London – Germany has decided to send its top intelligence chiefs to the US to investigate the claims that Chancellor Angela Merkel’s phone... read more »

Barack Obama cancels Asia trip due to shutdown

Barack Obama cancels Asia trip due to shutdown

President Barack Obama cancelled a trip to Asia next week because of the government shutdown, the White House announced late on Thursday. Mr. Obama had already... read more »

Obama ‘exasperated’ by government shutdown

Obama urges senators to delay new sanctions on Iran

Obama ‘exasperated’ by government shutdownWashington – US President Barack Obama said Wednesday that he is “exasperated” by the... read more »

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Fury as Madeleine McCann suspect Christian Brueckner moves into flat near primary school

Fury as Madeleine McCann suspect Christian Brueckner moves into flat near primary school ## Prime Suspect in McCann Case Relocates to German Hometown, Raising Concerns **Braunschweig,... read more »

Protests across India against Khameneis killing

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A Former Top Trump Official Is Going After Prediction Markets

A Former Top Trump Official Is Going After Prediction Markets ### **Former Trump Aide Mobilizes Coalition Against Prediction Markets, Citing Illegal Gambling Concerns** A significant... read more »

Iranian Ayatollah Khameneis Death Sparks Revolt Among Kalshi Customers

Iranian Ayatollah Khameneis Death Sparks Revolt Among Kalshi Customers ### Market Controversy Erupts Over Iran Supreme Leader Event Settlement **New York, NY** – A prominent financial... read more »

Missile Attacks Are Overwhelming the Gulf. Delivery Drivers Are S...

Missile Attacks Are Overwhelming the Gulf. Delivery Drivers Are Still on the Roads **Resilience on the Road: Delivery Services Continue Amidst Regional Tensions** In the face of escalating missile... read more »

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