Antwerp: Ahead of the ministerial level talks between India and EU on the proposed free trade agreement, Commerce and Industry Minister Anand Sharma on Monday said much progress has been made and expressed the hope for early conclusion of the pact. "Substantial progress has been made on all issues. I will talk to EU trade commissioner tomorrow. I remain optimistic that we will be able to conclude it soon," he...
03:44 AM, Jun 26, 2012
Antwerp: India is optimistic it can seal a free trade deal with the European Union and is urging its negotiating partner to settle the details of an agreement it says would benefit both their stumbling economies. The two sides have disagreed over duties on car imports - India's tariff on European cars being nearly 10 times greater than Europe's on Indian vehicles - and access for India software companies to...
12:28 AM, Jun 26, 2012
CNN-IBN's football experts Karim Bencherifa and Novy Kapadia preview the Euro 2012 semi-finals. ...
08:57 PM, Jun 25, 2012
Valencia: Ferrari president Luca di Montezemolo has applauded Fernanso Alonsos achievement at this weekends European Grand Prix, terming it as extraordinary. The Spaniard won an incident-filled race on Sunday to become the first driver to win two races this season, and in doing so reclaimed the lead in the Driver's Championship with a 20-point margin over Red Bull's Mark Webber. "This is Ferrari at its very best, the one everyone...
06:49 PM, Jun 25, 2012
Valencia: Lewis Hamilton was left frustrated and fuming after another run-in with Pastor Maldonado knocked him out of the points on the penultimate lap of the European Grand Prix in Valencia on Sunday. McLaren's 2008 world champion, who had started the day as championship leader, was fighting to hang on to third place when he and the Venezuelan Williams driver collided. The Briton, his car pitched into the wall, hammered...
08:59 AM, Jun 25, 2012
CNN-IBN's football experts Novy Kapadia and Karim Bencherifa preview the England-Italy quarter-final in Euro 2012 on Sunday night. ...
09:16 PM, Jun 24, 2012
Valencia: Sahara Force India produced the season's best performance with their drivers Nico Hulkenberg and Paul di Resta finishing fifth and seventh respectively in the incident-filled European Formula One Grand Prix here on Sunday. The result was the best for Sahara Force India, who collected 16 points, surpassing their efforts at the Monaco Grand Prix where di Resta had finished seventh and Hulkenberg was eighth. Hulkenberg, who collected 10 points...
09:05 PM, Jun 24, 2012
Valencia: Fernando Alonso of Ferrari won an incident-filled European Grand Prix on Sunday to become the first driver to win two races this season, while Michael Schumacher earned a first podium finish since his comeback by coming third. Alonso jousted his way up from 11th on the starting grid to claim an emotional victory for the Spaniard in front of his home fans after pole sitter Sebastian Vettel's Red Bull...
07:27 PM, Jun 24, 2012
Valencia: German driver Timo Glock will miss Sunday's European Grand Prix in Valencia for health reasons, his Marussia Formula One team said. Glock missed Saturday's qualifying due to a stomach bug, and although race stewards had the discretion to allow him to race, the team accepted that was out of question. "The Marussia F1 Team can confirm that Timo is unable to compete in today's race," they said in a...
04:33 PM, Jun 24, 2012
Valencia: Sebastian Vettel claimed third straight pole position for Red Bull at the European Grand Prix qualifying here on Saturday, while Sahara Force India's Nico Hulkenberg and Paul di Resta set the eighth and 10th fastest time. Vettel was fastest with 1:38.086 in a very competitive Q3, taking his third pole of the season. McLaren's Lewis Hamilton clocked 1:38.410 to pip Pastor Maldonado for the second place. The Venezuelan timed...
07:56 PM, Jun 23, 2012
Valencia: Red Bull driver Sebastian Vettel will start from pole position at the European Grand Prix for the third straight year. The two-time defending Formula One champion, who has won the race the past two seasons, clocked the fastest lap of 1 minute, 38.086 seconds on Valencia's 5.4-kilometer (3.3-mile) street circuit. Lewis Hamilton of McLaren is also on the front row for Sunday's race, while Pastor Maldonado of Williams will...
07:47 PM, Jun 23, 2012
Valencia: Formula One championship leader Lewis Hamilton kept his spirits up after his McLaren team looked well off the pace at the European Grand Prix on Friday. "I'm about 95 per cent away from where I want to be with my car at the moment, but I'll get back 90 per cent overnight," the 2008 world champion told reporters after ending the day's second practice session in 14th place. "Today...
10:33 AM, Jun 23, 2012
Valencia: World champion Sebastian Vettel looked a good bet to end Formula One's record run of different winners and complete a Valencia hat-trick with the fastest time in European Grand Prix free practice on Friday. The 24-year-old Red Bull driver, winner at the Spanish street circuit for the past two years, lapped with a best time of one minute 39.334 seconds in the second session under cloudy skies. Fellow-German Nico...
08:57 PM, Jun 22, 2012
Valencia, Spain: Venezuelan Pastor Maldonado, surprise winner in Spain last month, put his Williams team back on top of the timesheets in first free practice at the European Grand Prix on Friday. The 27-year-old lapped the Valencia street circuit with a best time of one minute 40.890 seconds on a gusty and overcast morning with temperatures cooler than they had been the previous day. Red Bull's double Formula One world...
03:49 PM, Jun 22, 2012
Montreal: Ferrari's Felipe Massa raised the possibility on Thursday that he could, against the odds, become Formula One's eighth different winner in a row. The Brazilian, eclipsed by Spain's double world champion Fernando Alonso at the Italian glamour team, has not won a Grand Prix since 2008 and nor has he stood on any step of the podium since 2010. In this most unpredictable of seasons, with an unprecedented seven...
10:53 AM, Jun 22, 2012
Montreal: McLaren will try to drive a hard bargain but Lewis Hamilton said on Thursday he expects negotiations on a new Formula One contract to be straightforward in the end. The 2008 world champion is out of contract at the end of the season and McLaren chairman Ron Dennis has already said a new deal will have to reflect a changed global financial climate since the last one. Hamilton told...
10:40 AM, Jun 22, 2012
New Delhi: Amid concerns being expressed over growing protectionism, the European Union on Thursday said it has taken up the issue of mandatory sourcing of equipment in telecom sector from local industry with the Indian government. "Yes, there have been correspondence between trade commissioners (of India and EU on all the issues) ... wrote to Telecom Minister Kapil Sibal on the issue of domestic content...," EU's Head of delegation to...
08:15 PM, Jun 21, 2012
London: Red Bull's double world champion Sebastian Vettel can end Formula One's unprecedented streak of seven different winners in the first seven races by extending his own winning run in Valencia this weekend. The 24-year-old German, winner of the European Grand Prix in 2010 and 2011, is gunning for a hat-trick on the streets of the Spanish Mediterranean port city to become the first repeat winner of a season that...
11:56 AM, Jun 21, 2012
London: McLaren driver Lewis Hamilton has said he will not take much from his victory at the Canadian Grand Prix unless he follows it up with success at this weekends European Grand Prix. The 27-year-old Briton became the seventh winner in the first seven races of the season in an unprecedented display of parity on the F1 circuit last Sunday, but has just a two-point lead over Ferraris Fernando Alonso....
01:10 PM, Jun 20, 2012
