India to be self-sufficient in urea by 2025 end; output of conventional & nano urea rising: Govt

India will not need to import urea by 2025-end as the domestic production of conventional urea and nano liquid urea is expected to be sufficient to meet the country’s annual demand, Union Minister for Chemicals and Fertilisers Mansukh Mandaviya said on Tuesday. At present, the country’s urea (conventional) production … Read more

Rising airfares hitting revival of tourism: Pinarayi Vijayan to PM Modi

Kerala Chief Minister Pinarayi Vijayan has asked Prime Minister Narendra Modi to intervene in the issue of rising air fares in the country, saying that it was not only causing hardship to non-resident Indians, but was also affecting revival of the tourism sector which is vital to the economy. … Read more

House prices are rising faster in disaster-prone areas

Homebuyers are not deterred from purchasing properties in areas where natural disasters are increasingly probable. In fact, those more vulnerable spots are even more desirable, according to research from Home Bay, an affiliate of Clever Real Estate. Median sales prices have increased 167% in the three states with the most federally-declared disasters since 2012: California, … Read more

Live Q&A: How worried should we be about new Covid variants and rising infections?

Covid infections continue to rise across the UK, with the latest data from the Office for National Statistics showing 1.7mn people testing positive, a 23 per cent increase on the week before. Many other countries are experiencing similar increases, driven mainly by the recent BA.4 and BA.5 subvariants of Omicron, and hospitalisations are beginning to … Read more

As rising CAD starts pinching, the Centre starts scrutinising imports

The Centre has started to closely monitor imports amid concerns over the rise in current account deficit (CAD), which could undermine the nation’s macroeconomic balance, a news report said. As the trade deficit in May hit a record high of $24.3 billion, revenue authorities have now become vigilant, … Read more

Mumbai police postpone Umang cultural programme due to rising Covid cases

Mumbai police on Friday postponed its annual cultural extravaganza ‘Umang’ scheduled to take place on June 26 in view of the rising COVID-19 cases. Mumbai police commissioner Sanjay Pandey made this announcement on Facebook. “Due to the current increase in COVID-19 cases, Umang programme is being postponed. Next … Read more

Asian demand, rising costs squeeze Europe’s LNG import plan By Reuters

© Reuters. FILE PHOTO: Model of LNG tanker is seen in front of the EU flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration By Marwa Rashad LONDON (Reuters) -Europe’s plan to get through a winter of difficult Russian gas supply with significant imports of liquefied (LNG) is at risk, with U.S. supply curtailed … Read more