PRATES
CEO of Brazil's Petrobras steps down after dividend dispute
Petrobras opted not to pay extraordinary dividends to its shareholders earlier this year, souring relations between Petrobras CEO Jean Paul Prates and Brazil's President Luiz Inacio Lula da Silva.
Brazil government announces dismissal of Petrobras chief
Jean Paul Prates, a former state senator and an ally of President Luiz Inacio Lula da Silva, "has been dismissed," a presidential spokesman said.
Petrobras in talks for projects with Gulf, Indian, Chinese firms, CEO says
Jean Paul Prates said Petrobras has also formed task forces with Indian explorer Oil and Natural Gas Corp and refiner Bharat Petroleum Corp Ltd to look at projects in Brazil as well as overseas, in refining and renewables. The Indian firms already own stakes in Brazilian oil and gas blocks.
Maharashtra cabinet expansion soon, says dy CM Devendra Fadnavis
On August 9 last year, 18 ministers were inducted, while as per rules the council of ministers in the state can have a maximum of 43 members. "Cabinet expansion till take place soon," Fadnavis told reporters.
Brazil's Amazon megaprojects threaten Lula's green ambitions
The BR-319 highway connects Porto Velho to Manaus. It was abandoned in the 1980s after falling into disuse, but the government has shown signs of wanting to repave it to facilitate the export of commodities. Environmentalists and scientists warn that could lead to uncontrolled deforestation in the region by increasing land speculation and giving easy access to land grabbers. After Bolsonaro announced that a section of the road would be repaved, deforestation in nearby areas quickly surged, according to Brazil’s national space agency.
Birendra Krishna Bhadra: Divine voice heralding Mahalaya chant for generations of Bengalis for more than 90 years
For millions of Bengalis, Durga Puja celebrations begin with tuning in to the sombre yet ethereal voice of Birendra Krishna Bhadra recounting the Goddess Durga’s triumph over Mahishasura.
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BRICS Summit 2016: Exim Bank released research papers, highlighting opportunities to enhance Intra-BRICS trade
The study highlights the robust trend in bilateral trade between India and rest of BRICS countries and the rising trend in India’s trade deficit with other BRICS countries.
Travel buzz: News this season in a capsule
Air India launches direct flights between Delhi and Vienna while Maharaja Ranjit Singh's statue to be installed in France.
No magic wand: Why GDP growth may not exceed 5.5% in FY-15
NSS data for 2011-12 shows employment stagnates when growth tapers off. If poor households spend on education, there are expectations of better jobs, outside farming.
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