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New payment mechanism to help India overcome Iran oil sanctions

Iran will use part of the deposits for purchasing essential goods from India and to meet expenditure incurred by its diplomatic missions in the South Asian nation, the people said, asking not to be identified because the information isn’t public. All spending will be in Indian rupees.

Farm loan waiver: Why economy will have 'sleepless' nights

The RBI, in a report on state finances in July, had cautioned against the propensity of waiving off loans as they were increasing the fiscal deficits of the states, which were facing a double whammy of lower GST revenues — there has been an increase of 0.05% in the fiscal deficit as a percentage of GDP, from 0.27% to 0.32% in the last financial year.

Rajasthan govt announces farm loan waiver

After MP, Assam and Chhattisgarh, the Congress-led government in Rajasthan on Wednesday announced farm loan waiver for loans up to Rs 2 Lakh. On Tuesday, the BJP-led govt in Assam had approved Rs 600 crore farm loan waiver. Earlier, Chhattisgarh and MP, both led by newly-formed Congress governments, had announced waiver of farmers' loans in the state.

'Kohli doesn't need to tone down his aggression'

Virat Kohli should remain the way he is, said former teammates Zaheer Khan and Praveen Kumar, staunchly defending the combative India captain, who has copped criticism from Australian legends for his on-field behaviour. Allan Border, Mike Hussey, Mitchell Johnson and even India's Sanjay Manjrekar expressed their displeasure over Kohli's on-field antics.

Compensation tussle: ICC asks PCB to pay 60% of cost claimed by BCCI

The ICC's Dispute Resolution Panel on Wednesday ordered Pakistan to pay 60 per cent of the cost demanded by the BCCI after the world body's rejection of the PCB's compensation claim which blamed India for lack of bilateral series between the two nations.

Sound policy, not slogans will end poverty: Jaitley

He said slogans have transient life and people soon realise that they cannot be implemented. There is an obvious debate on whether sound policy pays more or slogans pay more, Arun Jaitley said after the release of 'Strategy for New India @75' prepared by Niti Aayog.

Joyride on test flight: DGCA inspector quits

Capt Anand, a deputy chief flight operations inspector (DyCFOI) with the DGCA had carried out an "examiner release check" on two pilots of a Delhi-based charter company, even as in the passenger cabin his family members partied with the director of the said charter company and his wife.

Lucknow Apple exec's murder intentional: SIT

Almost 80 days after taking over the probe of shooting incident of Apple executive Vivek Tiwari (38) , the Special Investigation Team (SIT) found constable Prashant Chaudhary guilty of intentionally murdering Tiwari, while another constable Sandeep Rana was accused of voluntarily causing hurt to Tiwari's colleague on September 29.

Boost for India's air power: Isro successfully places Gsat-7A in orbit

Gsat-7A is meant for augmenting the existing communication capabilities of satellites utilised by the Indian Air Force.Around 19 minutes after take-off, the three-stage launcher ejected the satellite into a geosynchronous transfer orbit.

Muslims in China detention camps forced to make clothes for US

Chinese authorities say the camps, which they call training centers, offer free vocational training for Uighurs, Kazakhs and others, mostly Muslims, as part of a plan to bring minorities into "a modern civilized" world and eliminate poverty in Xinjiang

'India 5th-most deadliest place to be journalist'

New cars may face Rs 12,000 levy in govt bid to push e-vehicles

NITI Aayog has proposed incentives of up to Rs 25,000 to Rs 50,000 in the first year for those buying electric two-wheelers, three-wheelers and cars. To ensure that the gains aren’t pocketed by automakers, officials have proposed a direct benefit transfer to EV buyers while offering km-based incentives for state agencies operating e-buses.

Chennai architect hits Rs 8.4 crore IPL pay dirt

It wasn't too long ago that Varun Chakaravarthy was designing buildings in Chennai after completing a five-year course in architecture at the SRM University.

IPL 2019 Auction: Full squads of all eight teams

After a hectic bidding wars at the 2019 IPL players' auction in Jaipur, during which a whopping Rs 106.80 crore was spent, here is how the eight franchises look ahead of the 12th season of the league.

Day after return from Pak, Ansari meets Sushma

​ Officials said 33-year-old Ansari, who came back to India on Tuesday, became emotional while talking about the difficult phase of his life in Pakistan. Ansari, who was accompanied by his mother and other family members, also thanked Swaraj and the ministry of external affairs for persisting with the case and taking it up with Islamabad.

Musk unveils underground tunnels, transport cars

The demo rides were considerably slower 40 mph (64 kph) than what Musk says the future system will run at 150 mph (241 kph). Still, it took only three minutes to go just over a mile from start to the end of the tunnel, the same amount of time it took to accomplish a right-hand turn out of the parking lot and onto a surface street before peak Los Angeles traffic.

Cos that insist on Aadhaar face Rs1 cr fine, jail

Telecom companies and banks insisting on Aadhaar as the sole identity and address proof, instead of allowing consumers looking to get a mobile connection or open an account to use their passport or ration card, will be liable to a penalty of up to Rs 1 crore and jail for their staffers concerned — ranging from three to 10 years.

Artificial intelligence, robotics part of hi-tech Army warfare strategy

The 1.3-million strong Indian Army is sharpening its entire war-fighting strategy, ranging from creation of agile integrated battle groups (IBGs) and expansive cyber warfare capabilities to induction plans for launch-on-demand micro satellites, directed-energy weapons, artificial intelligence (AI), robotics and the like.

Stage set for reduction in GST rate on 25-30 items

The stage is set for a reduction in goods and services tax on 25-30 items — including air conditioners, dishwashers and digital cameras — over the weekend after Prime Minister Narendra Modi on Tuesday strongly hinted at only luxury goods being in the top slab of 28%, while bringing 99% of products and services in the 18% or lower brackets.

I was never afraid of media: Manmohan Singh

Taking a dig at Prime Minister Narendra Modi who is accused of ducking the press, his predecessor Manmohan Singh said that he was called a silent PM but was “never afraid of speaking to the press”.