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Modi to bet $1.5 billion on palm oil plan as imports surge

Last Updated: Tuesday, August 18, 2015, 13:03

India plans to spend $1.5 billion in the next three years to help farmers grow oil palm trees in an area the size of New Jersey, government sources said, with Prime Minister Narendra Modi pushing to make the nation self-sufficient in edible oils this decade.

Not selling overseas properties: Sahara to Surpreme Court

Last Updated: Monday, August 17, 2015, 21:06

Sahara Group Monday told the Supreme Court that it was not selling its three overseas hotels, Grosvenor House Hotel in London, the New York Plaza and Dream New York hotels and alleged that some entities are "looking to grab these properties".