Volgograd World Cup arena to cost $380m
byVolograd (Russia):Preliminary estimates put the cost of the Football World Cup 2018 stadium in the Russian city of Volgograd at $380 million. The 45,000-seater…
Business
Morgan Stanley fined $5 mn over Facebook IPO
byNew York: Morgan Stanley, the main underwriter for Facebook’s initial public offering (IPO), has agreed to pay $5 million to Massachusetts’ securities regulators as it…
Beijing phases out old vehicles to curb pollution
byBeijing: Out of concern for its air quality, the Chinese capital has stepped up efforts to phase out old, polluting motor vehicles, the city’s environmental…
UN reports ‘sharp slowdown’ of world trade
byWashington: The UN has reported a “sharp slowdown” of world trade, attributing the decelerating global trade growth to “a declining import demand” in Europe and…
Belarus to manufacture engines in Haryana
byChandigarh: Belarus, a land-locked country west of Russia, has proposed to set up an engine assembly and manufacturing unit of Minsk Motor in Haryana. The…
Reserve Bank of India drops hints of rate cut in January
byMumbai: The Reserve Bank of India (RBI) Tuesday kept key policy rates unchanged but hinted at cutting rates in January, saying the focus of the…
Early snowfall raises hopes of White Christmas in Manali
byManali: Early winter snowfall in Manali has brought cheer to the town’s hospitality industry and there are chances that Manali will witness a White…
Britain may opt out of EU, says Cameron
byLondon: British Prime Minister David Cameron has admitted for the first time that he was imagining the country quitting the European Union (EU). He mentioned…
Belarus to set up engine manufacturing unit in Haryana
byChandigarh: Belarus, a land-locked country west of Russia, has proposed to set up an engine assembly and manufacturing unit of Minsk Motor in Haryana. The…
Will Shimla see a white Christmas?
byShimla: Tourists are drawn by snow in Shimla on Christmas. Will the Queen of the Hills see a blanket of white this Christmas? The capital…