LIVE: Cabinet approves nutrient-based subsidy rates for P&K fertilisers

Live news updates: Prime Minister Modi will attend a G20 meeting on Afghanistan; unions will honour the farmers who died in Lakhimpur Kheri.

5:54 AM

Commerce minister Piyush Goyal to meet Chinese counterpart

Commerce and trade Minister Piyush Goyal will have a one-on-one meeting with his Chinese counterpart on Tuesday at the G-20 summit in Italy. He will also meet other trade ministers, including those from the United States, South Korea, Australia, South Africa, Brazil, and Canada, among others, Reuters reported quoting a government statement.

 

5:52 AM

5 soldiers die in gunfight in Kashmir

Five Indian Army soldiers died in a gunfight with terrorists in a forest at Surankote in Jammu and Kashmir’s Poonch district on Monday amid a spike in violence in the region. Three other gunfights were reported on Monday in Kashmir. The latest casualties are the worst security forces have suffered in anti-insurgency operations in the region this year, Hindustan Times reported.

 

5:52 AM

Invesco protests Zee, Sony deal

Invesco, the largest shareholder of Zee Entertainment Enterprises  has questioned the company’s proposed merger with Sony Pictures, saying the transaction will benefit only the promoters, who have defaulted on bank loans.

 

5:51 AM

Amit Shah meets power, coal ministers

Home Minister Amit Shah on Monday met with Power Minister R K Singh and Coal Minister Pralhad Joshi to discuss India’s coal stocks and electricity supply. Senior officers of the ministries were at the hour-long meeting after several states said last week they feared power blackouts in a coal supply crunch.

 

5:48 AM

Jhunjhunwala-backed Akasa Air gets nod to fly

Akasa Air, backed by billionaire Rakesh Jhunjhunwala, said on Monday it expects to start flying next year after getting initial clearance from the civil aviation ministry to launch the country's latest ultra-low cost carrier. The approval comes at a time when India's aviation industry is reeling from the impact of the Covid-19 pandemic, with airlines losing billions of dollars.