India voices concern over housing project

India has voiced concern to Sri Lankan authorities about a housing project in the island’s Tamil-majority north and east to be executed by a Chinese company citing the Resettlement Ministry’s “lack of transparency” in choosing the builder.

Toxic air is causing malnutrition in trees

• Besides affecting human health air pollution is also causing malnutrition in trees by harming a fungi that is important for providing mineral nutrients to tree roots, finds a new study.

Joint bidding for oil blocks with UAE

With the firms based in UAE, India is considering jointly bidding for oil blocks.The statement came on the sidelines of the MoU signing ceremony with Saudi Aramco and ADNOC for their investment in the Ratnagiri refinery.

Infrastructure financing : A challange

Finance Minister said infrastructure development will need investments of $4.5 trillion over the next decade and the cost of the money could be a challenge.

Supreme Court notifies new roster for judges

Two days after the retirement of Justice J. Chelameswar, the Supreme Court notified a new roster for the allocation of cases to judges which will come into effect from July 2 when the top court reopens after summer vacation.

‘Big data’ system to aid banks

The government is testing a new system that will assist banks in assessing credit risk and the probability of fraud using big data analysis.

AIIB to invest $200 mn in NIIF

The Asian Infrastructure Investment Bank (AIIB) has approved an investment of $200 million in the National Investment & Infrastructure Fund (NIIF) to give a greater momentum to mega infrastructure projects.