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40 seconds ago
Dollar declines amid Trump comments

New York, July 21 (IANS) The US dollar went down on Friday amid President Donald Trump's criticism about the Federal Reserve's current monetary tightening. Trump told CNBC on Thursday that he was not thrilled that the US central bank is raising interest rates as the economy improves, Xinhua reported. He repeated his viewpoints on Friday in his tweet that the Fed is undoing the e...

5 seconds ago
Merkel warns US of counter-measures over car tariffs threat

Berlin, July 20 (IANS) German Chancellor Angela Merkel on Friday warned the US of counter-measures if it imposed punitive tariffs on European cars, saying the move would only create losers and cause retaliation, the media reported. We have regarding trade a very, very serious situation in the world, I want to clearly state this, said Merkel at a news conference. We don't want th...

17 seconds ago
Trump 'ready' to intensify trade war with China

Washington, July 20 (IANS) US President Donald Trump has said he is ready to intensify his trade war with China by slapping tariffs on all imports worth $500 billion. I'm ready to go to 500, he told CNBC's Joe Kernen in a Squawk Box interview broadcasted on Friday. The reference was to the dollar amount of Chinese exports to the US in 2017 -- $505.5 billion to be exact, compared ...

5 minutes ago
Air fares on many routes cheaper than railways' premium trains: CAG

New Delhi, July 20 (IANS) Tickets on the Indian Railways' premium trains were much higher as compared to airfares, says a Comptroller and Auditor General (CAG) report, tabled in parliament on Friday. Coming down heavily on the flexi-fare scheme of the Indian Railways, the CAG report said: For the 120 advance reservation period (ARP) of 120 days, travel by air was found to be cheapest mod...

1 hour ago
Tamil Nadu getting step-motherly treatment from Centre: AIADMK

New Delhi, July 20 (IANS) Terming the relation between Centre and states like that of a mother and child, AIADMK's parliamentary party leader P Venugopal on Friday said that his state Tamil Nadu is being meted out step-motherly treatment. Participating in the debate on the no-confidence motion against the Narendra Modi government in the Lok Sabha, he said India was the sixth largest econ...

3 hours ago
Sri Lanka launches 5-year National Export Strategy

Colombo, July 20 (IANS) The Sri Lankan government has launched a five-year National Export Strategy (NES) to boost foreign investments, foreign exchange earnings and employment, the media reported on Friday. Addressing the launch of the five-year NES strategy, Prime Minister Ranil Wickremesinghe said the key objective of the NES was to increase the capacity of the local export sector, im...

4 hours ago
Modi and Xi to meet during BRICS, discuss US trade war

Beijing, July 20 (IANS) China and India will discuss the US' trade war and its protectionist trade policy when President Xi Jinping and Prime Minister Narendra Modi meet on the sidelines of the BRICS Summit in Johannesburg next week, the Chinese Foreign Ministry said on Friday. While China is locked in a trade war with the US, which accuses Beijing of dodgy business practices, New Delhi ...

15 hours ago
Brexit won't hit European economy hard: IMF

Washington, July 20 (IANS) The United Kingdom's planned exit from the European Union will have a small negative impact on the bloc's economy, although it will prove more damaging to countries such as Ireland, the Netherlands and Belgium that have closer links with Britain, the International Monetary Fund said Thursday. In its annual review of the eurozone's economic policies, the Washing...

17 hours ago
Putin upbeat about Russia-US ties after summit with Trump

Moscow, July 20 (IANS) Russian President Vladimir Putin said here on Thursday that he was enthusiastic about the possibility of improving ties with the US after his talks this week in Helsinki with Donald Trump. The talks, which took place on Monday and lasted more than four hours, were not enough to resolve the tensions and problems between Russia and the US that have accumulated throug...

22 hours ago
David Cameron hails Modi's leadership

Kolkata, July 19 (IANS) Hailing Prime Minister Narendra Modi, former British Prime Minister David Cameron on Thursday said India is fortunate to have a leadership with a clear vision, but greater focus is needed on developing skills and infrastructure. India is fortunate to have a leadership with a clear vision. When I met Prime Minister Modi, I saw he had deeply thought about long-term ...

22 hours ago
NCLT nod for revival of Sirpur Paper Mills

Hyderabad, July 19 (IANS) The National Company Law Tribunal (NCLT) has approved the proposal for the revival of Sirpur Paper Mills in Telangana, state Industry Minister K. T. Rama Rao said on Thursday. With this, JK Paper Ltd will take over the 80-year-old mill located in Kaghaznagar town in Komaram Bheem Asifabad district. The state government extended certain incentives to JK P...

22 hours ago
80% chance of Britain leaving EU: Cameron

Kolkata, July 19 (IANS) Former British Prime Minister David Cameron on Thursday said that there is an 80 per cent chance that his country will quit the EU on the basis of an agreed deal and it might opt for a soft Brexit by staying close to a single market. Cameron's comments came at the annual General Meeting of the Indian Chamber of Commerce here. He said there were treaties after trea...

22 hours ago
LS to take up no-trust motion on Friday, Modi, Rahul to speak

New Delhi, July 19 (IANS) The BJP and opposition Congress sharpened their attacks on each other on Thursday, a day before the Lok Sabha takes up the no-confidence motion for debate and voting in an increasingly polarised environment with each side trying to maximise its chances of victory in the 2019 general elections. Top guns of the two parties, including Congress President Rahul Gandh...

22 hours ago
Trump attacks EU over fine on Google

Washington, July 19 (IANS) US President Donald Trump on Thursday slammed the EU for fining Google $5 billion for harming its competitors, tweeting that the incident proved that the bloc has taken advantage of the US, but not for long! To Trump, the fine appeared to serve as the latest proof of Europe's exploitation of the US on a variety of matters, including trade and nations' contribut...

22 hours ago
Month-long dialogue series launched on waterway connectivity

New Delhi, July 19 (IANS) The Inland Waterways Authority of India (IWAI) kicked off a massive month-long public outreach initiative along river Ganga on the National Waterway-1 to create awareness and help push rural economy to connect with waterways, the government said on Thursday. As part of a month long dialogue series extending from Varanasi to Haldia, a team of IWAI held two-day lo...

1 day ago
Broadband India Forum gears up to push 5G trials

New Delhi, July 19 (IANS) Broadband India Forum (BIF), which works closely with the government's 5G high-level forum, on Thursday said it formed a 5G Committee to champion the roll-out of 5G trials in the country. The BIF said it received proposals for three 5G trials. The companies identified as industry leaders for carrying out first set of 5G trials include Nokia for public sa...

1 day ago
Indian soldiers keep peace, empower South Sudanese

New Delhi, July 19 (IANS) Indian peacekeepers in South Sudan have taken up another mission - to educate and empower locals in Wau Shilluk, a region on the banks of the Nile in the war-torn east African country. The Indian battalion serving under the United Nations Mission in South Sudan (UNMISS) organized a veterinary camp on Monday in the county located in the Upper Nile state of South ...

1 day ago
India's growth story intact; GDP to grow around 7.5%: Ficci

New Delhi, July 19 (IANS) Despite short-term challenges India's economic growth story remains intact and the country's GDP is expected to grow around 7.5 per cent in the current financial year, industry body Ficci said on Thursday. According to the body, the slowing down of industrial output growth in May and higher retail inflation in June are short-term challenges which are being pro-a...

1 day ago
British ex-PM Cameron hails Modi's leadership

Kolkata, July 19 (IANS) Hailing Prime Minister Narendra Modi, former British Prime Minister David Cameron on Thursday said that India is fortunate to have a leadership with clear vision, adding that the country should however focus more on developing skills and infrastructure. India is fortunate to have a leadership with a clear vision. When I met Prime Minister Modi I saw he has deeply ...

1 day ago
80% chance of Britain leaving EU: David Cameron

Kolkata, July 19 (IANS) Former British Prime Minister David Cameron on Thursday said that there is an 80 per cent chance that his country would leave the EU on the basis of an agreed deal and it might opt for a soft Brexit by staying close to a single market. Cameron's comments came at the annual General Meeting of the Indian Chamber of Commerce here. He said there were treaties after tr...

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