Oswal’s Axis takes Guinea to World Bank, seeks $29bn

Bengaluru: Axis International, controlled by Indian-origin billionaire Pankaj Oswal, has initiated an arbitration seeking at least $28.9 billion in compensation against the Republic of Guinea at the World Bank. The company has alleged unlawful revocation of its mining rights at one of the country’s largest bauxite operations.The United Arab Emirates-based firm filed the claim on…

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India’s hospital capacity still far below global norm; Doctor ratio at 1:811, government admits in Parliament | India News

Representative image (Photo credit: AP) NEW DELHI: India continues to fall short of basic global healthcare capacity standards, the Union Health Ministry told Parliament, acknowledging that the country remains well below the WHO benchmark for hospital beds even as patient load keeps rising nationwide.Responding to a question in the Rajya Sabha, Minister of State for…

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LPG supply alert: Commercial cylinder rollout expands to 29 states; raids intensify against hoarding

Distribution of commercial LPG cylinders has begun across 29 states and Union Territories, while enforcement agencies have stepped up raids and surprise inspections nationwide to check hoarding and black-marketing amid pressure on cooking gas supplies, a senior oil ministry official said on Saturday.Joint Secretary in the Ministry of Petroleum and Natural Gas Sujata Sharma said…

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