Indian Gas Exchange plans to offer 3-6 month contracts

Indian Gas Exchange plans to offer 3-6 month contracts

“The partnership aims to strengthen India’s gas market by leveraging CEGH’s European market expertise and Indian Gas Exchange (IGX)’s deep-expertise in the Indian gas market,” said IGX chief Rajesh Kumar Mediratta. File | Photo Credit: X/@RajeshIEX “The Indian Gas Exchange (IGX) has sought regulatory approvals to launch 3-6 month gas contracts benchmarked to international gas … Read more

India, Bangladesh 1971 war veterans’ exchange visit to mark Vijay Diwas

India, Bangladesh 1971 war veterans’ exchange visit to mark Vijay Diwas

Indian Army jawans perform during ‘Military Tattoo’ practice event ahead of the Vijay Diwas celebrations to commemorate the 53rd Vijay Diwas in Kolkata, West Bengal. | Photo Credit: PTI Eight Indian military veterans of Bangladesh’s 1971 Liberation War reached Dhaka while eight officers of Bangladesh Army arrived in Kolkata to join the Vijay Diwas celebrations … Read more

Indian, Chinese troops exchange sweets at several border points on Diwali

Indian, Chinese troops exchange sweets at several border points on Diwali

“The exchange of sweets between members of the troops of India and China took place at several border points along the  Line of Actual Control (LAC) on the occasion of Diwali,” an Army source said. File | Photo Credit: AFP “Troops of India and China exchanged sweets at several border points along the Line of … Read more

Bitcoin falls 3% as traders mull risk of sales linked to Mt. Gox

Bitcoin falls 3% as traders mull risk of sales linked to Mt. Gox

Bitcoin fell as traders monitored transfers by wallets belonging to the failed Mt. Gox exchange, whose administrators have been stepping up efforts to return a $9 billion hoard of the largest digital asset to creditors. The original cryptocurrency dropped as much as 2.7% and was trading at about $67,840 as of 12:15 p.m. Tuesday in … Read more

Three CPI-M cadre gunned down in exchange of fire with security forces in Odisha

Three CPI-M cadre gunned down in exchange of fire with security forces in Odisha

Three CPI-M cadre were killed during exchange of fire with security forces in Odisha’s Kalahandi district on May 9.  Acting on intelligence input, security forces launched a combing operation in Taprang Reserve Forest under Madanpur Rampur Police Station limits of Kalahandi district early in the morning.  The left-wing extremists, who are believed to be part … Read more

Policeman, 2 civilians injured in exchange of fire in U.P.

Policeman, 2 civilians injured in exchange of fire in U.P.

Image for representation | Photo Credit: Getty Images/iStockphoto A policeman and two miscreants were injured during an encounter in the Asmoli police station area of the district on Thursday, an official said. Superintendent of Police (SP) Chakresh Mishra said the police received information about the presence of miscreants near Saidpur Jaskoli village in Asmoli and … Read more

BSF, Pakistan Rangers exchange fire along international border in Rajasthan

BSF, Pakistan Rangers exchange fire along international border in Rajasthan

Border Security Force personnel patrol along the India-Pakistan international border near Jaisalmer. File | Photo Credit: PTI Border Security Force (BSF) troops and Pakistan Rangers exchanged fire late Friday evening in the Anupgarh sector along the India-Pakistan International Border in Rajasthan, officials said. No casualties have been reported on the Indian side, they said. The … Read more

RBI amends India’s criticized inflation-forecasting model

RBI amends India’s criticized inflation-forecasting model

By Anirban Nag India’s central bank said it has revised its inflation-forecasting model to better capture how fiscal and monetary policy interact with real-economy elements. The adjustments incorporate fiscal-monetary dynamics, India’s unique and often chaotic fuel pricing regime, and exchange-rate fluctuations and their impact on balance of payments, the Reserve Bank of India said in … Read more