Day: October 29, 2020

Rupee slumps 23 paise, settles below 74/USD level

7:09 pm October 29, 2020

Mumbai: The rupee continued its downward journey on Thursday, sliding another 23 paise to settle at 74.10 against the US dollar, tracking weak domestic equities and strong American currency amid global risk aversion. At the interbank forex market, the domestic unit opened weak at 74.02 against the greenback, then lost further ground and finally closed […]

UK university strikes air quality research pact with Indian institute

Centre introduces new law through ordinance to tackle air pollution in Delhi-NCR

3:49 pm October 29, 2020

New Delhi: In a bid to tackle the persistent problem of air pollution in Delhi-NCR, the Centre has introduced a new law through an ordinance which comes into force with immediate effect. Violation of the provisions entails a punishment of a jail term up to five years or with fine up to Rs one crore […]

VW recalls Beetles to replace Takata air bag inflators

Volkswagen returns to profit as global auto markets recover

3:45 pm October 29, 2020

Frankfurt: German automaker Volkswagen said Thursday it returned to profit in the third quarter thanks to cost discipline and a rebound in global sales markets led by China after the lifting of the severe restrictions on activity in the early phase of the pandemic. After-tax profit was 2.75 billion euros ($3.23 billion), down 31% from […]

CMS holds Global Interfaith Convention to promote communal harmony

Airbus reports new pandemic losses, but stops bleeding cash

3:37 pm October 29, 2020

Paris: Struggling plane maker Airbus says new European virus lockdown measures are making its life “a bit more difficult,” as it announced 1 billion euros (USD 1.16 billion) in pandemic-related losses for the third quarter Thursday amid a slower-than-expected recovery in air travel. But CEO Guillaume Faury said Airbus has already repeatedly adapted its operations to cope with the […]

Afghan officials: 8 inmates dead after prison riot in Herat

3:32 pm October 29, 2020

Kabul: Rioting at a prison in western Afghanistan has left at least eight inmates dead, provincial officials said Thursday. The violence erupted on Wednesday night at the prison in the city of Herat, the capital of western Herat province, according to Mohammad Rafiq Shirzai, a spokesman for the provincial health department. He said 12 others — eight inmates and […]