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United CEO brushes off airline mergers a...

United CEO brushes off airline mergers after American rejection: 'Ther...

United CEO brushes off airline mergers after American rejection: 'There's nothing' ## United Airlines CEO Signals End to Major Consolidation Era **Chicago, IL** – United Airlines CEO Scott Kirby has effectively signaled a pause, if not a definitive halt, to the era of significant... read more »

Weight loss drug maker sinks 23% after n...

Weight loss drug maker sinks 23% after new safety data spooks investors

Weight loss drug maker sinks 23% after new safety data spooks investors ## Pharmaceutical Firm Faces Investor Scrutiny as Experimental Weight-Loss Drug Shows Mixed Signals **[City, State] – [Date]** – Shares of [Pharmaceutical Company Name], a biopharmaceutical firm focused on metabolic health,... 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.
Household worries over finances hit high...

Household worries over finances hit highest level since July 2022, New York...

Household worries over finances hit highest level since July 2022, New York Fed survey shows **Consumer Financial Sentiment Dips to 19-Month Low Amid Persistent Economic Concerns** New York, NY – A significant uptick in household financial anxieties has pushed consumer sentiment regarding... read more »

Philippines earthquake live: At least 32...

Philippines earthquake live: At least 32 dead as cities rocked by powerful ...

Philippines earthquake live: At least 32 dead as cities rocked by powerful quake ## Devastating Quake Strikes Southern Philippines, Claims Dozens of Lives **DAVAO CITY, PHILIPPINES** – A powerful earthquake, estimated to be of magnitude 7.8, has struck off the coast of Mindanao in the southern... read more »

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Business

Maruti recalls 1,492 units of Ertiga, Swift, Dzire, A-Star

Maruti Suzuki skids over 5% as doubts over the impact of its Guja...

New Delhi – Maruti Suzuki India Ltd slipped as much as 5.3 per cent in trade on Friday as doubts persisted about the impact of the automaker’s plan to source cars from a plant to be built... read more »

RIL shares up nearly 3%

Reliance Industries accuses ONGC of holding back K...

New Delhi – Reliance Industries rejected ONGC’s complaint to the government over their adjoining fields in the Krishna-Godavari basin,... read more »

Ranbaxy, JP Associates to exit NSE benchmark index Nift...

US import alert may hurt Ranbaxy Laboratories, says Macquarie

Mumbai – Debt-laden Jaiprakash Associates and crises-ridden Ranbaxy Laboratories are being removed from the National Stock Exchange’s benchmark... read more »

eBay leads Rs 830cr Snapdeal investment

Aimed at tapping the “huge opportunity” in Indian e-commerce space, eBay is leading a Rs 830 crore investment in online market place Snapdeal. The... read more »

Air India jumps into fare war with up to 30% discount

Air India has finally joined the price war initiated by SpiceJet earlier this week as it announced on Wednesday a 30% discount on fares for travel between... read more »

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National

Partial success, but principles more important: AAP on compromise deal

AAP wooing Dalit voters in Delhi? Party’s SC/ST wing launch...

As Delhi is inching closer to Assembly polls, the Aam Aadmi Party is leaving no stones unturned to woo as many voters as possible to come back to power in the capital state. AAP’s SC/ST wing... read more »

Punjab horror: 60 patients lose eyesight after cat...

Amritsar: At least 60 persons have lost their eyesight after an operation at an eye camp organised by an NGO in Gurdaspur district, civil and medical... read more »

Jammu and Kashmir: 5 security personnel, 3 militants ki...

Five members of the Indian security forces were killed in a suicide attack on an army artillery camp in northern Kashmir early on Friday as militants step up... read more »

Fadnavis ministry expansion tomorrow

The 34-day-old Devendra Fadnavis-led ministry in Maharashtra will be expanded tomorrow, amid indications of a “patch up” with former ally Shiv... read more »

3-year-old sexually abused inside Bengaluru school twic...

A three-year-old girl was allegedly sexually assaulted twice in the premises of a private school in the fifth such incident in as many months. The accused, a... read more »

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World

Skeleton of D'Artagnan discovered buried beneath church afte...

Skeleton of D'Artagnan discovered buried beneath church after 350 years ### Unearthing a Legend: Remains Believed to be D’Artagnan Found Beneath Dutch Church **MAASTRICHT, NETHERLANDS**... read more »

Palestine Action hunger strikers to sue prisons ov...

Palestine Action hunger strikers to sue prisons over alleged mistreatment **Palestine Action Activists Threaten Legal Action Against UK Prisons Over... read more »

Israel forcibly displaces more Palestinian families in ...

Israel

Israel forcibly displaces more Palestinian families in East Jerusalem **Escalating Evictions in East Jerusalem Spark Renewed Rights Concerns** **Jerusalem,... read more »

Irans state TV outlines five conditions to end war

Irans state TV outlines five conditions to end war ## Tehran Articulates Five-Point Framework for Ceasefire Negotiations **Tehran, Iran** – State television... read more »

UN chief says high time to end out of control war on Ir...

UN chief says high time to end out of control war on Iran ## Escalating Middle East Tensions Demand Urgent De-escalation, UN Chief Warns **New York, NY** –... read more »

Israel

Israel comes second at Eurovision amid boycotts and backlash

Israel comes second at Eurovision amid boycotts and backlash ## Eurovision Concludes Amidst Geopolitical Ripples, Bulgaria Triumphs **[City, Country] – [Date]** – The annual Eurovision... read more »

Adani Enterprises Ltd. conducts ground survey and geotechnical investigations for Bengalur...

Adani Enterprises Ltd. conducts ground survey and geotechnical investigations for Bengaluru Twin Tunnel Road project ## Bengaluru Poised for Infrastructure Leap as Adani Enterprises... read more »

College goers’ heavy internet use shares symptoms of addiction

Heavy security, elaborate traffic curbs in place for Kerala Cabinet swearing-in

Heavy security, elaborate traffic curbs in place for Kerala Cabinet swearing-in **Massive Security Apparatus Deployed for Kerala Cabinet Inauguration Amidst Unprecedented Public... read more »

A.P. CM Naidus call for third child is pragmatic, says TDP MP

A.P. CM Naidus call for third child is pragmatic, says TDP MP **Demographic Shift Sparks Debate: Andhra Pradesh CM’s Call for Larger Families Meets Political... read more »

Why isn't PM sacking Education Minister Pradhan despite repe...

Why isn't PM sacking Education Minister Pradhan despite repeated paper leaks, asks Rahul **Opposition Demands Accountability Amidst Escalating NEET Exam Irregularities** New Delhi – The... read more »

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