Business & Economy

Iran can provide railway transit between India, Russia: Official

Tehran, July 10, IRNA – Referring to railway connection of Chabahar and Zahedan in southeastern Iran, Managing-General of the Islamic Republic of Iran Railways (IRIR) Saeed Rasouli said on Friday that this route can be used for transfer of cargos from CIS countries and provide railway transit between India and Russia.

Following an order by the minister of Road and Urban Development, Rail laying operation between Zahedan and Chabahar began on Tuesday.

This strategic railway will be 628km long, Rasouli said.

Turkey, UK 'very close' to free trade deal

LONDON, 10 July 2020; AA: Turkey and the UK are “very close” to signing a free trade agreement for the post-Brexit era, according to Turkish Foreign Minister Mevlut Cavusoglu.

An article by the Financial Times quoted Cavusoglu as saying negotiations between the two countries on a trade deal covering manufactured goods, agriculture, and services are “going very well and we are close to finalizing it.”

Chile Senate approves resolution to adopt law boycotting Israeli settlement goods

10 July 2020; MEMO: The Chilean Senate last week approved a resolution calling on President Sebastian Pinera Echenique to adopt a law boycotting settlement goods and banning commercial activity with companies that operate in the occupied Palestinian territories.

The motion passed on 30 June with 29 votes in favour and six abstentions, no votes were cast against the move.

USA: 136 congressmen, 30 senators seek reversal of Trump admin's decision on international students

Washington, Jul 10 (PTI) A group of 136 US Democratic congressmen and 30 senators, including Indian-origin Kamala Harris, has urged the Trump administration to reverse its "cruel" order that bars international students from staying in the country if they do not have in-person classes to attend.

Chinese, Indian border troops taken 'effective measures' to disengage along LAC: China

Beijing, July 9 (PTI) China on Thursday said Chinese and Indian troops have taken "effective measures" to disengage at the Galwan Valley and other areas along the Line of Actual Control (LAC) in eastern Ladakh and the situation is "stable and improving," days after the two sides agreed on an expeditious withdrawal of soldiers from all the standoff points.

'58 Indian-origin executives employ over 3.6 mln globally, account for $1 trillion in revenue'

Washington, Jul 9 (PTI) A group of 58 Indian-origin executives heading companies across 11 countries, including the US, Canada and Singapore, collectively employ more than 3.6 million people and account for a combined USD 1 trillion in revenue, according to a US-based top Indian diaspora organisation.

Australia: Queensland locks out people from virus spots in Victoria

Canberra, Jul 9 (AP/PTI) An Australian state has closed its doors to people fleeing a second lockdown in Australia's second-largest city.

Queensland Health Minister Steven Miles said on Thursday that a number of people were willing to pay for their own 14-day hotel quarantine to be allowed to escape Melbourne and other parts of Victoria state that began a six-week shutdown Wednesday because of an expanding coronavirus outbreak.

India: RSS members hail C'garh govt's plan to buy cow dung

Raipur, Jul 8 (PTI) Members of the Rashtriya Swayamsevak Sangh (RSS) have welcomed the Chhattisgarh government's decision to purchase cow dung from cattle rearers, but also demanded procurement of cow urine citing its benefits in farming.

Officer-bearers of 'Gau Gram Swavlamban Abhiyan Chhattisgarh', a drive being run mainly by the RSS workers, on Tuesday met Chief Minister Bhupesh Baghel and handed over a memorandum while hailing 'Gaudhan Nyay Yojna' to be launched from July 21 for procuring cow dung.

India: Ganguly announces cancellation of Asia Cup in September

New Delhi, Jul 8 (PTI) BCCI president Sourav Ganguly on Wednesday announced cancellation of the Asia Cup T20, which was scheduled to be held in September.

Pakistan had the hosting rights of the six-team continental event but it was expected to be held in the UAE.

"Asia Cup cancel ho chuka hai, jo September me tha (Asia Cup, which was to be held in September, has been cancelled)," Ganguly told 'sports tak' in an instagram live session.

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