Business

New Delhi, Oct 9 (PTI) After onions, retail price of tomatoes shot up to Rs 80 per kilogram in the national capital on Wednesday due to supply disruption caused by heavy rains in key growing states, including Karnataka.

However, the price of onions has come down marginally compared to past week and is now hovering around Rs 60 per kg in the national capital.

Beijing, Oct 9 (PTI) Chinese President Xi Jinping will visit India from October 11 to 12 to take part in the 2nd informal summit with Prime Minister Narendra Modi during which they are expected to hold comprehensive talks on a host of issues concerning the bilateral relations and exchange views on regional and international issues.

Xi will attend the second informal meeting with Modi at Mamallapuram near Chennai from October 11 to 12 and pay a state visit to Nepal on October 13, Foreign Ministry Spokesperson Hua Chunying announced on Wednesday.

MOSCOW, Oct 9 (NNN-AGENCIES) — Russia rejected the idea of involving the United States in talks to help resolve the conflict between the Kiev government and pro-Russian separatists in Ukraine’s east.

Kremlin spokesman Dmitry Peskov said there was no support for the idea of Washington joining the Normandy Format talks to settle the conflict, which involves Russia, Ukraine, Germany and France.

A diplomatic breakthrough last week potentially opened the way for an international summit between the countries aimed at finding a way to end the fighting.

GENEVA, Oct 9 (NNN-AGENCIES) — The United States fell to second place behind Singapore in the World Economic Forum’s flagship Global Competitiveness Report, with the slippage linked in part to President Donald Trump’s trade wars.

The WEF, organisers of the glitzy annual gathering of business and political elite in Davos, have released an annual competitiveness report since 1979 that assesses which economies are well placed to see productivity and long-term growth.

KUWAIT, Oct 9 (NNN-KUNA) – Kuwait and the United States, on Tuesday, signed a deal to bolster cooperation on aviation security.

The deal was inked by Kuwait Directorate General of Civil Aviation (DGCA), and the U.S. Transportation Security Administration (TSA).

After signing the agreement, DGCA’s President, Sheikh Salman Al-Humoud Al-Sabah, said that, the deal encourages further cooperation between the two sides at administrative, technical, or security levels.

MADRID, Oct 8 (NNN-Xinhua) — Acting Spanish Minister of Agriculture, Fisheries and Food Luis Planas said that the U.S. tariffs of 25 percent on Spanish agricultural products are “unacceptable.”

Planas said this in a press conference here after a meeting with representatives of Spanish regions, or autonomous communities.

The minister estimated that the impact of the tariffs on Spain’s agriculture sector would be at around 750 million euros (822 million U.S. dollars).

MEXICO CITY, Oct 8 (NNN-AGENCIES) — Mexico City taxi drivers blocked major avenues and access to the capital’s international airport to protest against digital platforms like Uber Technologies Inc, Didi Chuxing Inc and Cabify.

The capital’s airport warned passengers via twitter to take extra precautions as protesters stopped traffic at both terminals.

Some cab drivers have even set up camp inside the airport, and traffic was at a standstill for miles leading up to the terminal access, according to footage from local media.

KUALA LUMPUR, Oct 8 (NNN-BERNAMA) — Discussions to set up an English language channel – proposed by Pakistan, Turkey and Malaysia to counter Islamophobia – have begun, with a technical meeting held between Pakistan and Turkey.

Turkish Ambassador to Malaysia Merve Safa Kavakci said Turkey’s Presidential Communications Director Fahrettin Altun had led a delegation to a meeting with Pakistani representatives on the matter last week. 

SINGAPORE, Oct 8 (NNN-CNA) — Indonesian President Joko Widodo will be in Singapore on Tuesday for a two-day visit as part of the Singapore-Indonesia Leaders’ Retreat, said the Prime Minister’s Office (PMO) in a press statement.

This will be Prime Minister Lee Hsien Loong’s fourth Leaders’ Retreat with Widodo, and the first since the Indonesian president’s re-election in May. He will be inaugurated later this month.

WASHINGTON, Oct 8 (NNN-AGENCIES) — Prospects for progress in US-China trade talks dimmed after Washington blacklisted Chinese companies over Beijing’s treatment of predominantly Muslim ethnic minorities, and President Donald Trump said a quick trade deal was unlikely.