Russia has told Norway that the extension of a US military deployment in the country will hit diplomatic ties.
This move could escalate tensions and lead to destabilisation of the situation in the northern region.
Saudi-led Demands Not Reasonable
As per Qatar a 13-point list of demands made by Saudi Arabia and its allies impinged on its sovereignty and failed to meet US expectations.
Saudi Arabia and its allies have put enormous pressure on Qatar to meet their demands.
US Ends Role of Special Envoy
Washington’s special envoy to Afghanistan and Pakistan stepped down, as the United States is preparing to send more troops to the region.
The office was created when U.S. officials decided that the conflicts in Afghanistan and Pakistan are inextricably linked and ought to be dealt with together. President Donald Trump came to office planning to slash diplomatic spending and Mr. Tillerson plans to cut several special envoy roles.
Ms. Miller’s responsibilities will now fall under the Department’s South and Central Asian Affairs Bureau, which has a much bigger footprint that includes India.
Maharashtra will waive $5.27 billion of farm loans, to offer relief to farmers reeling from losses caused by bad weather.
The state will settle farmers' loans with banks, making 90 percent of farmers eligible for fresh borrowing.
Bajaj Allianz Life Seeks Buyout Opportunities
Bajaj Allianz Life Insurance is looking at acquisition opportunities to grow its business.
What sets Bajaj Allianz Life apart from other insurance companies is the high level of capitalisation. Bajaj Allianz's net worth of Rs. 8,476 crore is seven times the capital infused.
Bajaj Allianz is a joint venture between Bajaj Finserv and German insurer Allianz with shareholding in the ratio of 74:26.
Tata Steel Sells 2.9% in TaMo
Tata Steel sold 8.3 crore shares of Tata Motors, translating into a 2.9% stake of the steelmaker, to Tata Sons for Rs. 3,783 crore.
This is part of the investment restructuring in the Tata Group which is aimed at reducing cross holdings among group companies.
The Nuclear Suppliers Group (NSG) has once again failed to arrive at a decision on India's application for its membership due to the continued objection by China on certain technical grounds.
China, a key member of the NSG, has been stridently opposing India's bid primarily on the grounds that New Delhi is not a signatory to the Nuclear Non-Proliferation Treaty (NPT).
India and Portugal Sign 11 Pacts
India and Poryugal have signed 11 agreements ranging from science and technology, education, anti-terrorism, climate, among others, after their talks.
Both the countries also announced a four-million-euros joint fund to bolster research in science and technology.
The agreements signed included cooperation in outer space, double taxation avoidance, nano technology, improving cultural ties, youth and sports, higher education and scientific research, and Portugal-India business hub and Indian Chamber of Commerce.
New Airport in Greater Noida
According to aviation minister Ashok Gajapathi Rajum the government cleared the proposal for setting up a new airport in Jewar in Greater Noida.
The first phase of the airport - Noida International Airport - is expected to cost Rs. 10,000 crore.
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