
India slips to 71st rank in global competitiveness list
Weighed down by challenging economic conditions for most part of the past year, India has slipped to 71st position – the lowest among BRICS countries – in an annual global competitiveness list, with Switzerland claiming the top spot. The annual list, released on Wednesday by... read more »

Diesel under-recovery drops to 8 paise a litre
The under-recovery on diesel for national oil marketing companies (OMCs) is down to a wafer thin 8 paise a litre, a pattern that could soon bring relief to consumers from the 50-paise-a-fortnight upward revision. On Monday, the Petroleum Planning and Analysis Cell (PPAC) of the Petroleum Ministry... read more »

Russian photojournalist killed in eastern Ukraine
Russia’s state-owned RIA Novosti news agency said one of its photojournalists has died in eastern Ukraine. Andrei Stenin went missing in early August, his whereabouts unknown. The agency’s director-general, Dmitry Kiselyov, said in a statement on Wednesday that the remains in a charred car... read more »

Lottery to decide participants at Modi’s public reception
A lottery system would decide the participants who would get to attend the public reception of Prime Minister Narendra Modi on September 28 at the prestigious Madison Square Garden in New York City, organisers of the event have said. The Indian-American Community Foundation, set up recently for the... read more »