Stock markets surge in early trade

Mumbai, May 4 (PTI) Benchmark indices Sensex and Nifty surged in early trade on Monday amid easing oil prices and improving global sentiment, with Asian markets also trading higher. The 30-share BSE Sensex jumped 657.80 points to 77,571.30 in early

Iran sends proposal for negotiations with US to mediator Pakistan

WASHINGTON/DUBAI, May 1 (Reuters) – Tehran has sent its latest proposal for negotiations with the United States to Pakistani mediators, Iranian state ​news agency IRNA said on Friday, a move that could improve prospects for breaking an impasse in efforts to end the Iran war. IRNA gave no details but global oil ‌prices, which have risen sharply since Iran started

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India’s Asteria, the Reliance unit at the centre of a bribery scandal

NEW DELHI, April 24 (Reuters) – A bribery investigation by India’s federal crime-fighting agency has put a spotlight on drone technology company Asteria Aerospace, a little-known unit of billionaire Mukesh Ambani’s Reliance Industries. The Central Bureau ​of Investigation arrested officials from India’s aviation watchdog and Reliance Industries earlier this week, alleging ‌bribery payments to secure approvals for certain drone imports.

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