Business

By Aditi Khanna

London, Oct 4 (PTI) Britain's Communities Secretary James Brokenshire embarked on a three-day visit to India on Thursday to promote business and technology ties of the country with the Midlands region of England.

The UK Cabinet minister, who is also the British government's Midlands Engine Champion , is set to bring together senior British and Indian officials and businesses to re-affirm a post-Brexit commitment to the Midlands-Maharashtra Technology Partnership.

Mumbai, Oct 5 (PTI) The reduction in fuel prices had come "too late", the Shiv Sena said Friday and claimed that the Centre had mopped up Rs 1 lakh crore per day when the rates of petrol and diesel were being increased daily.

It also slammed Maharashtra Chief Minister Devendra Fadnavis for his reported remark that he was "ready to mortgage the state in Dr B R Ambedkar's service".

New Delhi, Oct 5 (PTI) Prime Minister Narendra Modi and Russian President Vladimir Putin met here Friday for the 19th India-Russia annual bilateral summit during which they will deliberate on a host of bilateral, regional and global issues.

The summit began at Hyderabad House here this morning.

4 Oct 2018; AFP: Russian President Vladimir Putin headed for India on Thursday looking to tie up billions of dollars in arms deals with Prime Minister Narendra Modi, likely irking the US, China and Pakistan in one fell swoop.

The Kremlin said before the two-day visit by Putin and top Russian ministers that the "key feature" would be the signing of a $5-billion deal for the S-400 air defence system, despite the risk of US sanctions against countries buying Russian defence kit.

WASHINGTON, Oct. 3 (Xinhua) -- U.S. Secretary of State Mike Pompeo said here on Wednesday that the United States is terminating the 1955 Treaty of Amity with Iran, after the UN's top court ruled that Washington lift sanctions on Tehran.

Pompeo said at a press briefing that "I'm announcing that the U.S. is terminating the 1955 Treaty of Amity with Iran. This is a decision, frankly, that is 39 years overdue."

New Delhi, Oct 4 (PTI) Reliance Industries' Chairman Mukesh Ambani has emerged as the richest Indian for the 11th consecutive year with a net worth of USD 47.3 billion, according to Forbes magazine.

Ambani is also the year's biggest gainer, adding USD 9.3 billion to his wealth amid the continuing success of his Reliance Jio broadband telco service.

Mumbai, Oct 4 (PTI) The BSE benchmark Sensex plummeted over 800 points in afternoon session Thursday as rupee sank to another low amid boiling crude prices, weak global cues.

The rupee plunged to a new low of 73.81 against the dollar, while the international benchmark Brent crude breached the US 86 per barrel level, nearing its four-year high.

The BSE 30-share barometer pared some losses and was trading at 616.15 points, or 1.71 per cent, lower at 35,359.48 at 1245 hrs.

The gauge had lost nearly 550 points in the previous session Wednesday.

By Lalit K Jha

Washington, Oct 4 (PTI) Several Indian companies and a few individuals from the country have been barred by the World Bank from its various projects across the globe, the multilateral lending agency said in its first report on its efforts to fight corruption and safeguard donor resources.

DUBAI, United Arab Emirates; 3 Oct 2018; (AP) — President Donald Trump says Saudi Arabia’s king “might not be there for two weeks” without U.S. military support, further increasing his pressure on one of America’s closest Mideast allies over rising oil prices.

MOSCOW, October 2. /TASS/. US foreign policy during Donald Trump’s presidency has lost an ideological footing and has turned into an instrument for attaining economic objectives, including the ones in the energy sector, Frants Klintsevich, a member of the defense and security committee in the upper house of Russian parliament told TASS on Tuesday.

He said it in a comment on the findings by US public opinion researchers, who have registered a slide of popularity rankings of the US and its President across the world.