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‘Lost interest’: Days after President’s Delhi visit, UAE scraps its airport deal with Pakistan

Days after UAE President Sheikh Mohamed bin Zayed Al Nahyan’s visit to New Delhi, Abu Dhabi has reportedly abandoned its deal with Pakistan for the management and operations of Islamabad International Airport.According to a report by Pakistan daily Express Tribune, the plan was shelved after the UAE failed to identify a local partner to whom…

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‘Vendetta’: Delhi HC scraps CISF officer’s forced retirement; restores pension and service till superannuation | Delhi News

NEW DELHI: The Delhi high court has quashed a 20-year-old official order to compulsorily retire a CISF officer, now 72, over sexual harassment, ruling that the allegations made in 1998 by a woman constable “reek of vengeance rather than genuine harassment”. HC also found that even after being cleared three times, senior officers constituted yet…

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‘Something wrong in HC’: SC scraps plea against SIT probe into Karur stampede; TN govt says won’t interfere with CBI investigation | India News

NEW DELHI: The Supreme Court on Friday observed, “there is something wrong going on in the high court,” as it rejected the Tamil Nadu government’s plea to modify its earlier order suspending a one-man inquiry commission and the SIT probe into the Karur stampede, which claimed 41 lives. The bench of Justices JK Maheswari and…

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Ease of compliance: RBI scraps 5,673 circulars; issues 244 master directions to streamline rules

The Reserve Bank on Friday completed a nearly six-month regulatory consolidation, repealing 5,673 obsolete circulars and subsuming over 3,800 into 244 function-wise master directions (MDs), the central bank said.In all, 9,446 circulars have been repealed, subsumed or withdrawn as part of the exercise, Deputy Governor S C Murmu said, describing the review as a “mammoth…

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Shutdown fallout: US scraps October inflation and jobs figures after data-gathering halt; gaps cloud Fed’s December decision

File photo (Picture credit: AP) The US government will not release official inflation or jobs figures for October after the record-long shutdown prevented statisticians from gathering essential data, leaving the Federal Reserve without two major indicators ahead of its December policy meeting.The Bureau of Labor Statistics (BLS) confirmed on Friday that the October consumer price…

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Data blackout: US scraps October CPI report after govt shutdown; Fed left without key data ahead of policy meet

The US government will not publish consumer inflation data for October after a 43-day federal shutdown disrupted data collection, intensifying uncertainty ahead of the Federal Reserve’s December policy meeting.The Bureau of Labor Statistics (BLS) said it “is unable to retroactively collect” consumer price data for October and will not release the report originally scheduled for…

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Andhra scraps irrigation plan Telangana opposed | India News

VIJAYAWADA: The Chandrababu Naidu-led Andhra Pradesh government has scrapped the contentious Polavaram-Banakacherla irrigation project, which neighbouring Telangana has been opposing, and is planning a new one by utilising Godavari’s surplus water to make Rayalaseema region drought-free, reports Samdani MN. The Revanth Reddy-led Congress govt in Telangana has claimed the Banakacherla project would deprive it of…

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Gold prices: China scraps full VAT offset for retailers; jewellery stocks plunge as bullion holds near $4,000

Gold stayed close to the $4,000-an-ounce mark on Monday, recovering from early losses after China moved to limit a tax rebate that has long benefited the country’s retailers and jewellery makers. The metal initially slipped by as much as 1% in Asian trading, but later regained ground, with bullion for immediate delivery up 0.2%, according…

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