Business

England leads India in Series

Gangaraju, though, played down the controversy, and said the pitch to be used for the Test was different to the ones that staged the Ranji Trophy game, and the fifth ODI between India and New Zealand, where the visitors slumped to 79 all out chasing 270.

Business

Markets open on a positive note on Wednesday

The government's move to withdraw larger denomination banknotes is aimed at cracking down on rampant corruption and counterfeit currency, stoking concerns about its impact on small- and medium-sized enterprises which largely run on cash, which could have a knock-on effect on economic growth.

Business

Iran's oil output to reach 6 mb/d by 2040 - IEA

The second wave of LNG-production, coming from Mozambique, Tanzania and Canada will boost global trade in gas, driving a 30 per cent increase in the volume of LNG shipped around the world in the next 25 years. But the IEA said any future supply shortage would force the price of oil up again, triggering instability in global oil markets. Implementing current worldwide pledges will only slow down the projected rise in energy-related carbon emissions from an average of 650 million tonnes per year ...

Business

U.S. housing starts surge to 9-year high in October

Single-family housing starts in October were up 10.7% to 869,000, while permits for new construction - a closely-followed gauge of future demand - gained 0.3% from the previous month to 1.23m. "Controlling for the number of household in the US, housing starts are only about 66% of their 50-year average", Trulia Chief Economist Ralph McLaughlin said.

Business

Unreasonable force in Castile's shooting

Yanez shot and killed 32-year-old Philando Castile on July 6 during a traffic stop. Castile's girlfriend livestreams the aftermath on Facebook and the widely shared video draws protesters to the scene. Reynolds streamed the graphic aftermath of the shooting live on Facebook, which brought the incident into the national spotlight. Choi said Castile's gun was later found deep in a front pocket of his shorts, with a loaded magazine but no bullet in the chamber.

Business

Richard Branson, startup unveil supersonic plane

Boom Technology , an aviation start-up, has secured backing from British entrepreneur Richard Branson's company Virgin to build the prototype. "They see him once a year, and they'll never be close". Both of those longer trips would most likely require mid-air refuelling. Though the XB-1 is noticeably smaller than the production aircraft, it is technically representative and shares the same distinct chine blending into the fuselage followed by the swept delta wings.


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