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Saudi Arabia to invest in oil refinery in Gwadar

Saudi Arabia to invest in oil refinery in Gwadar

Saudi Arabia will invest in a new oil refinery in Pakistan’s growing deep-sea port of Gwadar, Islamabad. The agreement follows a visit last month by Pakistan’s new Prime Minister Imran Khan to the Gulf kingdom as he seeks to attract foreign investment. The Saudis...
12 States reduce their VAT rates on fuel

12 States reduce their VAT rates on fuel

• Rajasthan had last month cut its State VAT by Rs 2.5 per litre, while Karnataka and Andhra Pradesh both had cut their VAT rates by Rs 2 per litre. West Bengal and Kerala had cut their VAT rates on petrol and diesel by Rs 1 per litre in September and May,...
CJI Gogoi retains a tight grip on PIL petitions

CJI Gogoi retains a tight grip on PIL petitions

• The new subject-wise roster, introduced by Chief Justice of India Ranjan Gogoi as the master of roster, continues the legacy of his immediate predecessor Dipak Misra, keeping a tight grip on public interest litigation petitions. • Among the Supreme Court’s 11...
Amid U.S. threat, India, Russia set to sign three major deals

Amid U.S. threat, India, Russia set to sign three major deals

• Russian President Vladimir Putin landed in Delhi on Thursday for the annual India-Russia summit which could see the signing of military deals totalling close to $10 billion; a 24-hour visit that could have lasting implications for the India-U.S. relationship as...
ICICI Bank CEO Chanda Kochhar quits

ICICI Bank CEO Chanda Kochhar quits

• Chanda Kochhar, the managing director and chief executive officer of private sector lender ICICI Bank, has called it quits. • The development comes even as the Srikrishna committee, which is probing charges of conflict of interest against her, is yet to officially...
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