Business

New Delhi, Sep 21 (PTI) CII on Wednesday said it is seeking more time from the Commission for Air Quality Management (CAQM) to comply with its order regarding the ban on diesel gensets in NCR.

Mumbai, Sep 21 (PTI) Global rating agency S&P on Tuesday said even though the US and the Euro zone are headed to recession, India is unlikely to face the impact given the "not so coupled" nature of its economy with the global economy.

20 Sep 2022; MEMO: Israel and Bahrain on Tuesday announced the start of negotiations to reach a free trade agreement between the two countries, Anadolu News Agency reports.

Israeli Economy Minister, Orna Barbivai, held official talks on Monday with her Bahraini counterpart to establish a free trade agreement between Tel Aviv and Manama, the Israeli Economy Ministry said in a statement.

20 Sep 2022; MEMO: The Head of Saudi state oil giant, Aramco, said on Tuesday Europe's plans to cap energy bills for consumers and tax energy companies were not long-term or helpful solutions for the global energy crisis, spurred largely by underinvestment in hydrocarbons, Reuters reports.

20 Sep 2022; MEMO: A former Israeli military official said, Tuesday, that Tel Aviv had made "concessions" to Lebanon for reaching an agreement to demarcate their maritime border to avoid an escalation, Anadolu News Agency reports.

Amos Yadlin, the former Head of the Israeli Military Intelligence Division, said Israel was showing flexibility regarding the disputed maritime border with its neighbour.

"We do not want Gaza in Lebanon, Israel does not want Lebanon to drown," he told Israeli radio 103FM.

20 Sep 2022; MEMO: French President, Emmanuel Macron, held face-to-face talks with his Iranian counterpart, President Ebrahim Raisi, on Tuesday, with the French leader saying he hoped to be able to "discuss all subjects".

The meeting is Raisi's first head-to-head with a major Western leader since he was elected last year.

20 Sep 2022; MEMO: German Chancellor, Olaf Scholz, on Tuesday said he was "very irritated" about Turkiye's attempts to join a Central Asian security body dominated by Russia and China, Reuters reports.

Turkish President, Tayyip Erdogan, said on Saturday he was targeting membership of the Shanghai Cooperation Organisation for Turkiye, which is also a member of the NATO defence alliance.

20 Sep 2022; MEMO: Steps that Turkish lenders, Isbank and Denizbank, took to suspend the use of Russian payment system, MIR, make a lot of sense, a senior US administration official said on Tuesday, and said the United States expects more banks will cut off MIR over sanctions risk, Reuters reports.

21 Sep 2022; MEMO: The head of the Lebanese Forces Party, Samir Geagea, said Saudi Arabia is ready to support Lebanon on the condition that there is a trustworthy president and government.

Geagea, who met with the Saudi Ambassador to Beirut, Walid Al-Bukhari, wrote on Twitter that they had discussed the upcoming presidential elections, adding that the only salvation for Lebanon is its "Arab depth", and "adhering to the constitution".

21 Sep 2022; MEMO: German utilities RWE (RWEG.DE) and Uniper (UN01.DE) are close to striking long-term deals to buy liquefied natural gas (LNG) from Qatar's North Field Expansion project to help replace Russian gas, three sources familiar with the matter told Reuters.