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Country Garden liquidation hearing adjourned to Jan 2025: Hong Kong court

Ever Credit Limited, a unit of Hong Kong-listed Kingboard Holdings, filed the liquidation petition against Country Garden in February for non-payment of a $205 million loan

Germany's new lithium deal aims to reduce Europe's reliance on China

German Chancellor Olaf Scholz was in Serbia on Friday to discuss a tentative deal with the Balkan country to excavate lithium, a mega project that could reduce Europe's dependency on China but one that has been fiercely criticised by environmentalists and opposition groups. Germany, the largest carmaker in Europe, is seeking to secure lithium for its electric vehicle makers as the European Union struggles to reduce its dependence on imports from China. Lithium is a critical substance in making batteries for electric vehicles China currently dominates the supply chain for lithium-ion batteries. The excavation of lithium was back in the limelight after Serbia's constitutional court earlier this month overturned a previous ruling to cancel a USD 2.4 billion mining project launched by British-Australian mining giant Rio Tinto in the western Serbian valley of Jadar, which is believed to be the largest lithium discovery in Europe. The Serbian government's decision to cancel the excavatio

Labour codes not to kick in from Friday even as states, UTs frame rules

The Centre has already finalised rules on all the four codes

Rahul Jacob: Trump's travails

Trump administration has been a comic opera of buffoons

Rahul Jacob: Reforming our civil service

The rigidities of the Indian bureaucracy make lateral entry for specialists very difficult