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Nike shares drop 10% as China sales plun...

Nike shares drop 10% as China sales plunge, tariffs hit profits

Nike shares drop 10% as China sales plunge, tariffs hit profits Nike Stock Slides Despite Strong Overall Performance, China Concerns Loom Nike Inc. (NKE) witnessed a significant dip in its share price following the release of its fiscal second-quarter earnings report, despite exceeding Wall Street... read more »

Dubai urgent travel alert issued as terr...

Dubai urgent travel alert issued as terrorists 'likely to attack UAE&#...

Dubai urgent travel alert issued as terrorists ‘likely to attack UAE’ UK Updates Travel Advisory for UAE Amid Elevated Terrorism Threat London, UK – The United Kingdom’s Foreign, Commonwealth & Development Office (FCDO) has revised its travel advisory for the United Arab... read more »

Moment 'secret lover' dangles ...

Moment 'secret lover' dangles from building like scene from class...

Moment 'secret lover' dangles from building like scene from classic Banksy ## Precarious Escape: Man’s Hotel Sign Perch Sparks Concerns and Curiosity **[City, State] –** A daring, and arguably ill-advised, attempt to evade detection led to a dramatic scene early this morning as a... read more »

Donald Trump not ruling out war with Ven...

Donald Trump not ruling out war with Venezuela

Donald Trump not ruling out war with Venezuela ## U.S. Maintains Open Stance on Venezuela, Military Option Undisclosed Washington D.C. – The prospect of future U.S. policy towards Venezuela remains a subject of intense speculation following recent remarks that left the door open to a range of... read more »

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Business

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.

IGL hikes CNG price by Rs. 4.50 in Delhi, NCR towns

 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... read more »

Asia shares lurch lower, China data darkens mood

Sensex closes flat, bank stocks gain

Mumbai – A benchmark index of Indian equities markets closed Thursday’s trade 42 points or 0.20 percent up amidst derivatives expiry and... read more »

Bitcoin operators shut shops in India amid RBI warning

Bitcoin operators shut shops in India amid RBI warning

A number of bitcoin operators in India have begun suspending their business following RBI’s warning against use of such virtual currencies due to potential... read more »

Air India gets CCEA nod for sale of 5 Boeing aircraft t...

Air India gets CCEA nod for sale of 5 Boeing aircraft to Etihad

New Delhi – Air India can now go ahead with the sale of its five long-haul Boeing 777 aircraft to Etihad Airways, with the government giving its nod to... read more »

Cabinet approves Rs.1,912 crore-worth highway projects

Cabinet approves Rs.1,912 crore-worth highway projects

New Delhi – The government Thursday approved upgrading of two highway projects under various stages of the National Highways Development Programme (NHDP)... read more »

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National

‘Paanwala’ seeks appointment with PM

VARANASI: A paanwala of Kashi has sought an appointment with the Prime Minister Narendra Modi to apprise him of the concerns of betel sellers during his two-day visit to the city. Rajendra... read more »

12 children feared drowned in boat capsize in UP

RAE BARELI : Twelve children were today feared drowned when their boat capsized in the Gangariver at Raalpurghat under Saraini police station area... read more »

Imran Khan lauds Modi for anti-black money initiatives

I am opposed to India, US policies, says Imran Khan

ISLAMABAD: Pakistan’s opposition leader Imran Khan is all praise for Prime Minister Narendra Modi for his efforts to bring back black money stashed in... read more »

Manohar Parrikar to resign as Goa CM on Saturday

Manohar Parrikar, who is tipped to be the Union defence minister in the cabinet expansion on Sunday, will resign on Saturday as the Goa chief minister, reports... read more »

Two RSS leaders in race for Goa’s CM post

Goa may ban VVIP bodyguards after Nitesh Rane's vandalism

PANAJI/NEW DELHI: Amid speculations of Goa chief minister Manohar Parrikar being elevated as a Union minister, BJP’s Goa unit will meet on Thursday and... read more »

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Sports

Woods' gal Lindsey Vonn calls `recent skiing injury` only `temporary setback`

Tiger Woods’ girlfriend calls him `funny and dorky`

Washington – Tiger Woods’ girlfriend, Lindsey Vonn has revealed her beau is funny and dorky. The 29-year-old ski racer described Woods on Katie Couric’s talk show by claiming that he is... read more »

Moyes denies Keane's claim about Fergie still trying to `run` Man U

Moyes urges `stamped` Januzaj to look up to Messi ...

Johannesburg – Manchester United manager David Moyes has cited four-time World Player of the Year Lionel Messi as an example for teenage... read more »

Mo Farah, Bolt, Bondarenko to vie for World Athlete of ...

Mo Farah says Usain Bolt is his inspiration

London – British long-distance runner Mo Farah is one of the three finalists for the men’s World Athlete of the Year. According to The Daily... read more »

`Forgetful` Becks dupes Halloween partygoers by `dressi...

David Beckham

London -Retired England football legend David Beckham tricked partygoers at a H´‹,ü¤‹,¤‹,ween masquerade ball by turning up as himself,... read more »

Sterling Moss says `remarkable` Vettel `already` better...

Sterling Moss says `remarkable` Vettel `already` better than Schumacher

London – British racing legend Sterling Moss has said that Red Bull ace Sebastian Vettel is already better than Michael Schumacher and tipped him to... read more »

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World

India, European Union enhance cooperation: Full text of Narendra ...

India and the European Union on Friday decided to increase cooperation in counter-terrorism and areas of trade after Prime Minister Narendra Modi met the president of the European Council, Donald... read more »

Japanese reporter died after 159 hours of overtime...

TOKYO: Japan’s public broadcaster has vowed to reform its working practices as it revealed that a young reporter died of heart failure after... read more »

Sir Edward Heath ‘would have been questioned̵...

Sir Edward Heath would have been questioned over sex abuse claims if he was alive when they came to light, police have said. Wiltshire Police launched... read more »

Tillerson’s News Conference Only Highlights Strains Wit...

WASHINGTON — Long-simmering tension within President Trump’s national security team spilled into public view on Wednesday as Secretary of State Rex W.... read more »

Saudi’s Falih says oil agreements with Russia hel...

MOSCOW (Reuters) – Agreements reached between Russia and Saudi Arabia on global oil supply have helped oil markets to stabilize, Saudi Energy Minister... read more »

'Referendum on army in Kashmir': Arvind Kejriwal disagrees with Mr. Bhushan's comment

EU agrees deal to end Russian gas purchases by 2027

EU agrees deal to end Russian gas purchases by 2027 ## European Union Sets 2027 Target for Complete Russian Gas Independence Brussels – The European Union has reached a consensus... read more »

SC turns spotlight on glitches in pay-outs, free critical care to acid attack victims

SC turns spotlight on glitches in pay-outs, free critical care to acid attack victims ## Supreme Court Demands Accountability on Acid Attack Victim Compensation and Healthcare Access **New... read more »

Connolly Ireland

Land and alignment issues stall 105 ROB projects in Kerala

Land and alignment issues stall 105 ROB projects in Kerala ## Infrastructure Bottleneck: Land Acquisition and Alignment Disputes Hamper Kerala’s Road Over Bridge... read more »

Producers once matched dates with mine says Megastar Amitabh Bachchan

Ilaiyaraaja and producers of Tamil movies Good Bad Ugly, Dude reach compromise after payme...

Ilaiyaraaja and producers of Tamil movies Good Bad Ugly, Dude reach compromise after payment of 50 lakh ## Ilaiyaraaja Resolves Copyright Dispute with Production Houses Over Film... read more »

Bobby Deol breaks down in tears, hugs Sunny Deols son

Bobby Deol breaks down in tears, hugs Sunny Deols son Veteran actor Dharmendra’s ashes were immersed in the Ganga at Har Ki Pauri, Haridwar, with sons Sunny and Bobby Deol, and grandson Karan... read more »