Page 49 - Agencies

Indonesia to lift palm oil export ban, likely giving India 'big relief'

Indonesia's prohibition was one of the biggest acts of crop protectionism since Russia's invasion of Ukraine in February.

Inflation likely to hit 40% in a few months: Sri Lanka's central bank

Holds interest rates, says it will take at least six months to repay debts

Indonesia to lift palm oil export ban from Monday, says President

The lifting of the ban came after hundreds of farmers rallied to protest the move, saying their incomes have suffered because prices of their fresh fruit bunches plunged

SC sentences Navjot Sidhu to one year imprisonment in 1988 road rage case

In its 2018 verdict, the apex court had reduced the sentence of Sidhu from three years imprisonment to Rs 1,000 fine.

Separatist leader Yasin Malik convicted by NIA Court in terror funding case

Yasin Malik has been convicted in terror funding case by NIA Court. The court will hear arguments on the quantum of the sentence on May 25

Set up pilot courts to deal with cheque bounce cases, orders Supreme Court

Supreme court orders establishment of pilot courts presided over by retired judges in five districts of five states that have the highest pendency of cheque bounce cases

Dow slips over 800 points in intra-day trading amid surging prices

Shares of Target fell 25.1 per cent to the bottom of the S&P 500 after its first-quarter profit halved

US soccer reaches historic equal-pay deal with men and women teams

The agreements equalise pay from all competition appearances for both teams as well as equality in the sharing of commercial revenue

Walton family loses $27 bn in wipeout after Walmart cuts profit outlook

Walmart, controlled by the family, fell 11 per cent in New York trading after the Bentonville, Arkansas-based company reported earnings that lagged analysts' estimates

Gujarat: 12 killed in factory wall collapse, Rs 2 lakh ex-gratia announced

At least 12 labourers were killed when a wall collapsed at a salt packaging factory in Morbi district

Musk responds to Twitter CEO Parag Agrawal's thread with a poop emoji

This comes a month after Musk sealed a deal to buy the micro-blogging website

India should keep dairy products out of all free trade pacts: Balyan

Three of the regions India is said to be in trade talks with are significant milk producers themselves; Balyan also bats for further hike in milk procurement prices

Ukraine forces push through to Russia border near Kharkiv: Report

On the battlefields near Kharkiv, Ukraine's second-largest city, interior ministry adviser Vadym Denisenko said Ukrainian troops were mounting a counter-offensive

A day's petrol left, power cuts may last 15 hours: Lanka PM Wickremesinghe

Says he aims to save country, not a person or family; curfew till 5 am today

India's export ban fallout: International wheat prices hit record high

The price, which was already high in the wake of Russia's invasion of major wheat exporter Ukraine, jumped to €435 ($453) per tonne as the European market opened

Sri Lanka down to last day of petrol stock: PM tells crisis-hit nation

On Monday, Ranil Wickremesinghe called for patience, saying the economic crisis would get worse in coming months

Musk says $44-bn Twitter deal on hold, seeks details on spam accounts

The company has estimated that false or spam accounts represented fewer than 5% of its monetizable daily active users

LIC IPO issue price set at Rs 949; may get listed on Tuesday: Report

The LIC IPO sold in the range of Rs 902-949 from May 4 to May 9

Veteran lawmaker Wickremesinghe sworn in as new Sri Lanka prime minister

President Gotabaya Rajapaksa pledges to form a new government to end political instability.

Tata Motors Q4 net loss narrows to Rs 1,033 cr; revenue falls 11%

The improvement in consumer sentiment, buoyancy in e-business, firming freight rates, reopening of schools and offices helped regenerate demand, says company's executive director