Raymond Ronamai

181-210 (out of 620)

Iran Defaults on Rice Payments to India: Traders

Iranian buyers have defaulted on payments for about 200,000 tonnes of rice from their top supplier India, exporters and rice millers said on Tuesday, a sign of the mounting pressure on Tehran from a new wave of Western sanctions.

Maldives President Quits; Suspects Coup

President Mohamed Nasheed of the Maldives, widely credited with bringing democracy to the hideaway resort islands, resigned on Tuesday after weeks of opposition protests erupted into a police mutiny and what an aide said amounted to a coup.

Indian Airlines Can Import Jet Fuel Directly

Indian airlines will be allowed to import jet fuel directly under a proposal from a ministerial panel, Aviation Minister Ajit Singh said, sending airline shares sharply higher on the prospect they will be able to cut costs.

Telenor to Fight Supreme Court Order on Licence Cancellation

Norway's Telenor ASA (TEL.OL) plans to fight an order by the Supreme Court to cancel 122 telecoms licences held by its Indian joint venture, but has not ruled out abandoning the country altogether, the head of the company's Asian operations said.

Earthquake Hit Central Philippines; 7 Dead

A magnitude 6.7 earthquake off the central Philippines island of Negros killed at least seven people on Monday, including two children, with government offices and schools ordered to close after at least 40 aftershocks.

Lamborghini Going Porsche's Way?

Lamborghini, the maker of low-slung supercars once advertised as closer to the road, is planning a new model that will be further from the tarmac than ever -SUV. Lamborghini hopes to repeat the Porsche Cayenne's success.

BSE Sensex Rises for Fifth Straight Session

The BSE Sensex rose for the fifth straight session on Monday, ending 0.58 percent higher, after last week's robust U.S. jobs data helped improve risk appetite, but the rally in the local market is expected to take a breather soon.

Syrian Forces Shelling Kills over 200 in Homs

More than 200 people were killed in shelling by Syrian forces in the city of Homs, activists said on Saturday, as the U.N. Security Council prepared to vote on a draft resolution backing an Arab call for President Bashar al-Assad to give up power.

India's Military Buildup May Be Too Little Too Late

ndia's 1.3 million-strong armed forces, hobbled by outdated equipment and slow decision-making, are undergoing an overhaul as defence priorities shift to China from traditional rival Pakistan. It took 11 years to select France's Rafale.

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