Russian central bank officials are expected to meet their counterparts from the Reserve Bank of India (RBI) to create a regulatory framework that will help sustain bilateral trade and banking operations despite the global sanctions against Moscow, four people familiar with the developments told ET. They are also likely to work on the creation of…Continue Reading

Iran has offered to help India meet its energy needs by relaunching rupee-rial trade for export of oil and gas, said Iranian ambassador to India Ali Chegeni. Chegeni said if both the countries resume rupee-rial trade, bilateral trade can touch USD 30 billion. Iran used to be India’s second largest oil supplier but New Delhi…Continue Reading

Russia has informed the UN Security Council that Russian buses are ready at crossing points to go to the eastern Ukrainian cities of Kharkiv and Sumy to evacuate Indian students and other foreign nationals who are stranded there, amidst the raging conflict in the East European country.The 15-nation Council held an emergency session on Friday,…Continue Reading

Indian students have been told to be prepared to leave quickly as officials put together a plan at the highest level to rescue them from Sumy and Kharkiv in eastern Ukraine amid intense fighting. ET learnt late on Friday that Russia and Ukraine are understood to have agreed on two humanitarian corridors – Kharkiv-Novokhoteevka and…Continue Reading

Federal Minister of Information and Broadcasting Fawad Chaudhry — PID/File Fawad says govt has already given mandate of the PECA Law to Punjab Assembly Speaker Chaudhry Pervaiz Elahi.Says if media Joint Action Committee (JAC) could get its proposal approved, govt would also accept recommendations.The challenged law has triggered protests from media bodies and civil society who have…Continue Reading

Paris Saint-Germain (PSG) are reportedly prepared to make star forward Kylian Mbappe the world’s highest-paid player to prevent the Frenchman from potentially making a move to Real Madrid during the summer transfer window. The 23-year old has heavily been linked to the Santiago Bernabeu after he has not signed a contract extension at the Parc…Continue Reading

Authorities on Friday advised people to limit outdoor activities and told government and private offices to cut vehicle use by at least 30 per cent as air quality in Delhi-NCR inched towards the emergency level amid a rise in emissions from farm fires and unfavourable meteorological conditions. Over 4,000 farm fires, accounting for 35 per…Continue Reading

Is India ready for a world where electric vehicles will dominate transportation?

On January 29, 1886, Carl Benz, a German engineer applied for and was granted patent number 37435 for his “vehicle powered by a gas engine”. In a few months, the commercial production of the Benz motor car started. This is by most accounts the beginning of commercially-produced vehicles using gas engines. Interestingly, in 1880, a…Continue Reading