UAE Minister accused of sexual assault

The chair of Britain’s Hay literary festival said Sunday the event will not return to Abu Dhabi after one of the festival’s curators alleged that she was sexually assaulted by the tolerance minister of the United Arab Emirates while working with him.

Power consumption grows in first half of October

India’s power consumption grew 11.45 per cent to 55.37 billion units (BU) in the first half of October this year, mainly driven by buoyancy in industrial and commercial activities, as per government data.

Gold imports down to 6.8 billion dollars

Gold imports, which have a bearing on the current account deficit (CAD), plunged 57 per cent to $6.8 billion (around Rs 50,658 crore) during the first half of this fiscal amid a slump in demand due to the Covid-19 pandemic, showed data by the Commerce Ministry. In the corresponding period a year ago, gold imports stood at $15.8 billion (about Rs 1,10,259 crore).

Parle Agro eyes Rs 10,000-cr turnover by 2022

Beverages major Parle Agro, the maker of popular brands such as Frooti and Appy Fizz, plans to set up a new plant and introduce one more new major product in the next two years as it gears up to touch a turnover of Rs 10,000 crore by 2022, according to a top company official.