Investment in logistics sector to touch $500 bn by 2025, says commerce minister Suresh Prabhu

Investment in logistics sector to touch $500 bn by 2025, says commerce minister Suresh Prabhu

New Delhi: Expenditure on investment in logistics, including infrastructure, will touch $500 billion annually by 2025, Commerce and Industry Minister Suresh Prabhu said on Monday. This will create millions of jobs and remove hurdles hampering India’s domestic and global trade,...
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Rivals eye Love Island’s treasure chest

Rivals eye Love Island’s treasure chest

Image copyright Getty Images Image caption Eyal Booker was one of the original contestants in Love Island this year – but did not make it to the final As millions of viewers wait to learn which of the four couples...
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Mirror and Express owner slumps to £113m loss

Mirror and Express owner slumps to £113m loss

Image copyright Getty Images The owner of the Mirror and Express newspapers has slumped to a £113m half-year loss after slashing the value of its regional publishing operations. Reach, formerly known as Trinity Mirror, said the £150m charge reflected a...
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G20 agriculture ministers express concern about ‘protectionist’ measures: communique

G20 agriculture ministers express concern about ‘protectionist’ measures: communique

BUENOS AIRES (Reuters) – Agriculture ministers from the G20 countries said they were concerned about the increasing use of protectionist non-tariff trade measures inconsistent with World Trade Organization (WTO) rules, according to a communique released ...
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Thomas Cook axes trips to SeaWorld and Loro Parque over customers’ orca concerns

Thomas Cook axes trips to SeaWorld and Loro Parque over customers’ orca concerns

Image copyright SeaWorld Image caption Orcas, or killer whales, live in the wild in most oceans around the world, and some are kept captive in visitor attractions Holiday giant Thomas Cook has announced it will stop selling trips to animal...
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Water chiefs must ‘explain leakage target failures’

Water chiefs must ‘explain leakage target failures’

Image copyright Scott Barbour/Getty Images Image caption Michael Gove says water firms “have much more to do to tackle leakage” Michael Gove has asked water company bosses to explain why they have failed to meet leakage targets, at a time...
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Punjab National Bank fraud: PMLA court issues open-ended non-bailable warrant against Nirav Modi and 12 other accused

Punjab National Bank fraud: PMLA court issues open-ended non-bailable warrant against Nirav Modi and 12 other accused

Mumbai: A court in Mumbai on Friday issued an open-ended non-bailable warrant (NBW) against fugitive diamantaire Nirav Modi and others in cases related to the over $2 billion fraud at the Punjab National Bank (PNB). Special judge for Prevention of Money Lau...
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How Jeff Bezos took Amazon to the top

How Jeff Bezos took Amazon to the top

Image copyright Getty Images Image caption Jeff Bezos in 1997, the year Amazon became a public company Perhaps Jeff Bezos had a crystal ball. Two decades ago, he foresaw a future when a click would conjure anything from pet food...
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US economic growth hits fastest rate since 2014

US economic growth hits fastest rate since 2014

Media playback is unsupported on your device Media captionTrump announces ‘amazing’ growth – and promises to go higher The US economy grew at its fastest pace in nearly four years in the second quarter, expanding at an annualised rate of...
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Union minister Arun Jaitley sees GST rate cut on cement, air-conditioners, TVs with rise in revenue

Union minister Arun Jaitley sees GST rate cut on cement, air-conditioners, TVs with rise in revenue

New Delhi: Union Minister Arun Jaitley on Friday exuded confidence that GST rates on cement, ACs and televisions will be cut as tax revenues increase, and only luxury and sin goods will attract the highest slab of 28 percent. In...
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