Reliance Industries has divested its 30 per cent stake in an oil and gas block in Peru to Australia's Woodside Petroleum and Pluspetrol of Argentina to trim its overseas properties.
The e-invoicing system will be rolled out in a phased manner from January 1 on a voluntary and trial basis, beginning with firms with a turnover of Rs 500 crore, while businesses with a turnover of Rs 100 crore or more will be required to do it from February 1.
Besides Surat, which will also be the world's fastest growing city during 2019-35, the other nine cities are Agra, Bengaluru Hyderabad, Nagpur, Tiruppur, Rajkot, Tiruchirappalli, Chennai and Vijayawada.
Retired English soccer star David Beckham toured potential stadium sites in Miami on Wednesday, signalling he is forging ahead with his interest in owning a new Major League franchise in the United States.
A summary of sports events and sports persons, who made news on Tuesday
A battle of contrasting football styles will be on view when classical Spain cross swords with a robust Mali in the semi-finals of the FIFA Under-17 World Cup, in Navi Mumbai, on Wednesday.
The Zika virus, an alarming and disturbing infection that may be linked to thousands of babies being born with underdeveloped brains, is spreading through the Americas. But what is the virus, how is it spread and how can people minimise the chances of catching it?
Some investors have questioned whether James is less attached to some parts of the media empire that his father built
As India holds its breath for the Covid vaccination to be begin, Sudhir Bisht provides a quick checklist of what you must know about the vaccines that will be administered to citizens.
'It's a moot point if Kailaasa will ever evolve beyond being a haven for a fugitive from justice,' notes Devangshu Datta.
Uruguay made light of the absence of striker Luis Suarez to recover from a goal down and beat 2015 Copa America hosts Chile 2-1 in a friendly in Santiago.
WikiLeaks founder Julian Assange has said he would "soon" leave the Ecuadorian Embassy in London after being holed up at the mission for nearly two years, amid reports that he has developed life-threatening ailments that require hospitalisation.
Jeison Murillo became Colombia's unlikely hero, scoring his first international goal to give his side a 1-0 victory over Brazil.
Brazil became the second team to qualify for the knockout round of the women's World Cup on Saturday and England picked up a big win, but France suffered a shock defeat that could make their life at the tournament tougher.
'We need to prove to the world that quality vaccines and R&D are possible in India.'
Dare you look away from these stunners.
Bhavish Aggarwal, the founder of ride-hailing firm Ola who disrupted the electric scooters market in the country, is planning to launch an electric sports car in 2024. The plan will put it in competition with Indian players, such as the Tata group and Mahindra & Mahindra, and global giants like Tesla and Hyundai. Aggarwal, recently, took a group of reporters to the firm's design studio at the Ola campus in Bengaluru where his teams are working on several EVs, including scooters, motorcycles, sedans, and SUVs - and even robotaxis.
Assume that the rupee will trend lower over the next 10 years as India increases overseas sovereign exposures, and your long-term asset allocation should be geared to deal with this trend, suggests Devangshu Datta
The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per cent in the coming year, and the fiscal deficit glide path does not promise to reduce it substantially any time soon, predicts Mihir S Sharma.
T N C Rajagopalan on the new year and new worries.
Walking With Dinosaurs has nothing new to offer, feels Paloma Sharma.
'All anecdotal evidence confirms that there has been no noticeable rise in deaths across the country for want of coronavirus tests,' notes Virendra Kapoor.
The Cuban government has announced nine days of mourning and has set Castro's funeral for December 4.
Christine Lagarde said the prospect of rising interest rates in the US and China's slowdown are contributing to uncertainty and higher market volatility.
Lady Gaga will perform the national anthem. There will be a musical performance by Lopez, who has used her voice during the coronavirus pandemic to speak out against its disproportionate toll on minority communities.
Environment Minister Prakash Javadekar will sign the agreement on behalf of India.
Special 301 Report expresses concern over weak IPR laws, to conduct reviews.
England manager Roy Hodgson borrowed a line from the hit movie Forrest Gump on Monday when he described his thoughts ahead of this week's draw for the World Cup.
Officials from India's biggest private refiner recently visited Iran to chalk out the details for resumption of trade ties with Tehran.
Experts point to the bitter experience of countries including Mexico, Thailand, South Korea and Russia and desist from going forward with plans of issuance of such securities. They say rather than going abroad, the country should increase participation of foreign investor in the government securities which does not have any forex risk.
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
After stepping down from the board with effect from September 30, he will remain as Chairman Emeritus of the FMCG firm, according to a statement issued on Wednesday. The 79-year-old industrialist passed on the baton of GCPL to his younger daughter Nisaba Godrej in 2017 after leading the company for 17 years.
In a proud moment for India, the United Nations General Assembly will declare June 21 as International Day of Yoga.
A star-studded England will take on unpredictable Chile in a Group F match of the FIFA U-17 World Cup at the refurbished Salt Lake Stadium, in Kolkata, on Sunday.
The Biden administration had been under pressure to send the excess COVID-19 vaccines with the US to nations like India, which are facing severe vaccine shortages.
'If global growth continues to be sluggish, India instead could potentially take a bigger piece of a shrinking pie,' says Prachi Mishra, managing director, Global Macro Research, and India chief economist, Goldman Sachs.
COVID-19 has accomplished what the UN failed to do in the last 75 years by making mankind rally around a mask of unity, observes Ambassador T P Sreenivasan.
The United Nations General Assembly today elected Angola, Malaysia, New Zealand, Spain and Venezuela as the new non-permanent members of the Security Council for a two-year term beginning in January next year.
'Many of us hope that India will soon play well enough to be part of truly global sporting tournaments like the football World Cup and the Olympics,' says Aakar Patel.
In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.
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