Medics at a field hospital in Rafah, Gaza Strip. More than 120 Palestinians were killed in Rafah alone on Friday and Saturday. By BEN HUBBARD and FARES AKRAM August 2, 2014 RAFAH, Gaza Strip — It was clear from the bodies laid out in the parking lot of the maternity hospital here that it had assumed new duties: No longer a place that welcomed new life, it was now a makeshift […]
Israeli soldiers watching Prime Minister Benjamin Netanyahu speak on television at a coffee shop near the border with Gaza. By STEVEN ERLANGER and JODI RUDOREN August 2, 2014 JERUSALEM — The Israeli military said early Sunday morning that an officer thought to have been captured by Palestinian militants during a deadly clash Friday morning, which shattered a planned 72-hour cease-fire, was now considered to have been killed in battle. The announcement […]
Lila Faria, 19, at her home in Maplewood, N.J. Ms. Faria, a student at New York University, recently returned from a trip to the Middle East with the Taglit-Birthright Israel organization. By ELENA SCHNEIDER August 1, 2014 WASHINGTON — Lila Faria, 19, a student at New York University, heard the whine of a bomb siren for the first time last month in Jerusalem. Along with several dozen other Americans […]
By JODI RUDOREN and ISABEL KERSHNER August 1, 2014 JERUSALEM — Palestinian militants sprang from the ground and confronted Israeli soldiers Friday morning, as they have repeatedly in recent days. This time, Israeli officials said, one exploded a suicide belt while another unleashed machine-gun fire. This time, two Israeli soldiers were killed and the militants apparently escaped with a third. The attack, at the start of what was supposed to be […]
Video | Obama on Failed Cease-Fire in Gaza The president called for the release of an Israeli solider captured just moments after a cease-fire was reached in the Gaza conflict. By PETER BAKER August 1, 2014 WASHINGTON — President Obama on Friday demanded that Hamas release a captured Israeli soldier unconditionally and expressed pessimism that another cease-fire could be reached because of the deep reserves of mistrust between the […]
By ISABEL KERSHNER and FARES AKRAM August 1, 2014 JERUSALEM — Heavy exchanges of fire between Israeli forces and Palestinian militants in the southern Gaza Strip on Friday morning threatened to shatter a newly agreed 72-hour cease-fire. Gaza health officials said that 27 Palestinians were killed and more than 100 injured. Palestinian witnesses said by telephone that Israeli tank shells hit as residents returned to inspect homes that they had evacuated […]
To get from the owner of a sex-chat service to one of France’s richest men, Xavier Niel has made a few bold gambles. His latest move, a $15 billion cash bid for control of T-Mobile US Inc. (TMUS), is his most audacious yet. Niel’s Iliad SA said yesterday it offered $33 a share for almost 57 percent of T-Mobile, a wireless provider five times larger than the […]
NEW DELHI: The government is formulating a policy package aimed at infusing life into 26,489 MW of gas-starved power plants. The plan includes partially revisiting the gas pooling proposal, which the UPA government conceptualised but later turned wary about, given the huge subsidy cost it entailed.
As per the new plan, some 10,382 MW of administered price gas-based installed power capacity, running at a very low plant load factor (PLF) for want of the fuel right now, would get pooled gas — at a price higher than the APM gas price — with an assurance that the cost of power from these plants above a threshold of R5.50 per unit will be subsidised.
As for the balance gas-based capacity, sources said, some 7,000 MW bas
NEW DELHI: A visiting US team has told Indian negotiators it would link pacts on the power sector to the agreement the two countries draw on climate change and one would not happen without the other.
This message was conveyed by the US team to India in a meeting held with the power ministry on Wednesday. Power Minister Piyush Goyal and other ministry officials attended the meeting.
The US team, headed by Todd Stern, the US special envoy on climate change, also called on Environment, Forests and Climate Change Minister Prakash Javadekar in its bid to stitch an agreement on various climate change issues.
Sources said the meeting with the environment ministry focused on areas where the two countries
Dubai construction company Arabtec’s former boss has sold about $4 million worth of shares in the group this week, cutting his stake slightly, stock exchange data showed. Arabtec’s shares have swung around wildly this year on apparent tensions between chief executive Hasan Ismaik and Abu Dhabi state fund Aabar Investments, also a major Arabtec shareholder. Ismaik resigned abruptly in June. Ismaik cut his stake to 28.77 percent […]
NEW DELHI: Petrol became cheaper by Rs 1.09 per litre in Delhi from Friday after state oil companies slashed the price of the fuel for the first time since mid-April because benchmark gasoline rates in the international market dropped.
Companies, however, raised the price of diesel by 56 paise in Delhi, helping to reduce the gap between pump and market rates by about Rs 1.50 per litre and increasing the prospects of deregulating the fuel soon.
If the trend continues, diesel pricing could be freed from state control in three months, government and industry officials said. Prices of diesel sold to bulk consumers such as the railways and state transport companies at market rates have been reduced, IOCsaid in a statement.
NEW DELHI: Outgoing Army chief General Bikram Singh on Thursday said that India has given a befitting reply to Pakistan after the beheading of an Indian soldier by Pakistani troops in 2013 along the Line of Control (LoC) even as he did not rule out the possibility of skirmishes on the western front in future.
Talking to reporters before demitting office, he admitted that face-offs between Indian and Chinese army soldiers take place while patrolling their ‘claimed areas’ along the Line of Actual Control (LAC) but they are dealt with in accordance with the existing mechanisms.
Asked if India had given a befitting reply after the January 8, 2013 beheading incident, he said, “It has been done. Please
Gold headed for a third weekly loss in the longest run of declines since September as U.S. employment data may add to signs that the world’s largest economy is gaining traction. Gold for immediate delivery fell as much as 0.3 percent to $1,279.30 an ounce, the lowest level since June 19, and was at $1,283.85 at 2:20 p.m. in Singapore, according to Bloomberg generic pricing. The metal […]
Family members mourned on Thursday in Tel Aviv at the grave of Staff Sgt. Guy Algranati, 20, who was killed on Wednesday. By MICHAEL R. GORDON and MARK LANDLER July 31, 2014 NEW DELHI — A 72-hour humanitarian cease-fire in the Gaza conflict negotiated by the United States and the United Nations took effect Friday morning, a diplomatic bolt-from-the-blue that will suspend the bloody 24-day military campaign and set the stage for […]
By SOMINI SENGUPTA July 31, 2014 UNITED NATIONS — In the midst of Israel’s battle with militants in Gaza over the past three weeks, skirmishes opened on a second front in recent days: Its strikes on United Nations facilities and the steep civilian casualties brought a barrage of rebukes and warnings from senior United Nations officials around the world, reaching a fever pitch just before the announcement of a […]
Dubai shares gained the most in almost seven years in July, helping claw back some of the losses sustained in a bear market that wiped a quarter off the benchmark index. Real estate-related companies led the rally. Arabtec Holding Co. (ARTC), which spurred the DFM General Index’s collapse in May and June, advanced 4.9 percent today to bring monthly gains to 63 percent. Emaar Properties PJSC, the […]
By ISABEL KERSHNER and FARES AKRAM July 31, 2014 JERUSALEM — Prime Minister Benjamin Netanyahu of Israel said on Thursday that he would not agree to any cease-fire proposal that does not allow the Israeli military to complete its mission of destroying Hamas’s tunnel network in Gaza. “So far we have neutralized tens of terror tunnels,” Mr. Netanyahu said in televised remarks at the start of a government meeting at military […]
Video | Behind the Escalations in Gaza A look at why Israel and Hamas have repeatedly chosen to intensify the violence at every stage of the continuing conflict. By JODI RUDOREN July 30, 2014 JERUSALEM — After years in which Israel’s prevailing approach to the Gaza Strip was a simple “quiet for quiet” demand, there is growing momentum around a new formula, “reconstruction for demilitarization.” Prime Minister Benjamin Netanyahu […]
A cease-fire proposal by President Abdel Fattah el-Sisi of Egypt met most of Israel’s demands; Hamas immediately rejected it. By DAVID D. KIRKPATRICK July 30, 2014 CAIRO — Battling Palestinian militants in Gaza two years ago, Israel found itself pressed from all sides by unfriendly Arab neighbors to end the fighting. Not this time. After the military ouster of the Islamist government in Cairo last year, Egypt has led a […]
World Briefing By KAREEM FAHIM July 30, 2014 Residents of the eastern city of Benghazi marched Wednesday in protest against Islamist militias, the city’s dominant force for years, in a burst of public fury a day after the Islamist fighters seized a local special forces base. Residents marched to a hospital, temporarily routing fighters from the extremist militia Ansar al-Shariah, who had been providing security for the hospital. But […]
Three young rebels, their AK47s propped against wooden stools in the afternoon heat, guard the entrance to the giant Ndassima goldmine carved deep into a forested hilltop in Central African Republic. Sat in a thatched shack at the edge of a muddy shantytown, the gunmen keep the peace – for a price – among hundreds of illegal miners who swarm over the steep sides of the glittering […]
NEW DELHI: Under fire for sitting on foreign investment proposals for singlebrand retailing, the department of industrial policy and promotion has set a maximum time frame of 90 days to process all applications pending with it.
As many as 13 applications from foreign retailers, including Forever 21, Furla and Swarovski, to open single-brand company-owned stores in the country have been pending with the department of industrial policy and promotion (DIPP) for several months.
“We will ensure zero pendency of applications at DIPP and strict compliance to the timeline from now on,” a department official said. DIPP, under the ministry of commerce and industry, is mandated with first-stage vetting
NEW DELHI: Gautam Adani plans to acquire power plants with a total capacity of 5,000 mw, but he will avoid aggressive bids to ensure good returns, a source close to the tycoon said a day after Anil Ambani-led Reliance Group outbid him to buy 1,800 mw hydro power capacity from Jaypee Group.
Gautam Adani is directly involved in evaluating offers and negotiations, something he left to company executives in the past, the source said. The company is in talks with several power sector players, including GMR, Lanco, Indiabulls, Avantha Power and Athena, the source said.
Another person in the Adani Group said there are many sellers in the market, offering projects with a combined capacity of nearly 50,000 mw.
 
Mumbai: State-run Hindustan Petroleum Corporation Limited may go solo on its plans to build its second underground liquefied petroleum gas (LPG) storage facility in Mangalore.
The company which was planning to rope in Total SA of France, to build the cavern jointly, said Total is not interested at present and may join the company at a later stage.
“We see merit in the project and have decided to go ahead. We will commission the detailed feasibility report shortly and then call for tenders in the next four-six months,” said a senior HPCL official.
The cavern, will cost HPCL Rs 700 crore and will store 60,000 tonnes of LPG. HPCL and Total, through their equal joint venture, South Asi
