NEW DELHI: With 40 deaths in 75 accidents between September 2017 and August 2018, the Railways has registered its best safety figures in five years for the corresponding 12-month period, a ministry official has said, quoting official data. There were 80 train accidents and 249 fatalities between September 2016 and August 2017 — the Indore-Patna […]
London-based economist Imran Rasul has become the second member of the new Pakistan government’s Economic Advisory Council (EAC) to resign in protest against the exclusion of noted US-based academic Atif R Mian who was told to step down from the body due to a backlash over his Ahmadi faith. Succumbing to pressure from the hardliners, […]
By Christopher Bing The United States of America (USA) President Trump tweeted on Saturday that Apple Inc should make products inside the United States if it wants to avoid tariffs on Chinese imports. The company told trade officials in a letter on Friday that the proposed tariffs would affect prices for a “wide range” of […]
By Cate Cadell & Ryan Woo Alibaba Group Holding Ltd’s billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time being. Ma will announce the plan on his 54th birthday and the […]
NEW DELHI: Regulator TRAI has imposed penalties on major telecom operators, including Reliance Jio, Bharti Airtel, Vodafone and Idea Cellular (now merged), for slipping on various service quality benchmarks for the March quarter, according to multiple sources. The fines cover various parameters and service areas, and all the operators are in the process of making […]
NEW DELHI: Foreign investors have pulled out a massive Rs 56 billion from the Indian capital markets in the last five trading sessions, after putting in money during the previous two months, on unabated fall in rupee and rise in crude oil prices. The latest outflow comes following a net infusion of close to Rs […]
NEW DELHI:Union Minister Piyush Goyal Friday expressed disappointment over some companies running a campaign to run down electric vehicles to promote their hybrid cars in India. Speaking here at the Global Mobility Summit ‘MOVE’, the minister alleged that the companies promoting hybrid vehicles “want us to settle for the second best”. “I am extremely sad […]
NEW DELHI: The Enforcement Directorate (ED) Saturday conducted searches at nine locations in Tamil Nadu in connection with an alleged Rs 90 crore bank loan fraud money laundering case, officials said. Searches are being conducted at Virudhunagar, Madurai and Coimbatore in connection with its probe involving Ms Inshumathi Refineries Pvt Ltd (which is based in […]
BEIJING: Alibaba co-founder and chairman Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education, he told the New York Times in an interview. Ma was an English teacher before starting Alibaba in 1999 and built it into a multibillion-dollar internet colossus, becoming one […]
NEW DELHI: Niti Aayog Vice Chairman Rajiv Kumar Saturday urged the automobile sector to confine to a timeline for achieving 100 per cent fully electric mobility solutions, powered by renewables. Kumar in his address at the Global Mobility Summit said transformation in the mobility sector requires a collaborative effort from states and all other stakeholders. […]
