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6 seconds ago
Goa Congress sells coconuts to protest against price hike

Panaji, Jan 18 (IANS) The Goa government may have re-classified the coconut palm as a tree following protests, but the soaring price of coconuts -- an essential food ingredient -- appears to have triggered a new spell of politics in the coastal state. On Thursday, women members of the Congress organised a flash sale of coconuts at the main vegetable market in Panaji to protest against th...

18 seconds ago
Equity indices close at new highs amid trimming gains

Mumbai, Jan 18 (IANS) Despite paring gains due to a sell-off in metals, consumer durables and oil and gas stocks, the key Indian equity indices managed to provisionally close at new highs on Thursday. According to market observers, positive global cues, along with inflow of foreign funds and upbeat quarterly corporate earnings, lifted the benchmark indices to record highs during the mid-...

23 seconds ago
WTA finals tournament to move to Shenzhen

Sydney, Jan 18 (IANS) The Women's Tennis Association (WTA) announced on Thursday that the prestigious season ending WTA finals tournament will move from Singapore to Shenzhen for at least the next 10 years. None were more excited by the decision than women's world number one, Simona Halep, reports Xinhua news agency. I have chosen to start my season in Shenzhen for a few years no...

49 seconds ago
Trump hails Apple bid to repatriate overseas cash

Washington, Jan 18 (IANS) US President Donald Trump on Thursday hailed Apple's announcement to repatriate overseas cash as part of a plan to inject $350 billion into the US economy over the next five years. I promised that my policies would allow companies like Apple to bring massive amounts of money back to the United States. Great to see Apple follow through as a result of TAX CUTS. Hu...

8 hours ago
Delhi Assembly flays Centre for 100 per cent FDI in retail

New Delhi, Jan 17 (IANS) The Delhi Assembly on Wednesday adopted a resolution criticising the Centre's decision to allow 100 per cent Foreign Direct Investment (FDI) in single-brand retail. Presenting the resolution in the house, Aam Aadmi Party MLA Somnath Bharti said the decisions of the Bharatiya Janata Party-led government at the Centre have been harming the interests of the ordinary...

10 hours ago
73% Indian organisations believe user identity management difficult on Cloud

New Delhi, Jan 17 (IANS) Seventy-three per cent organisations in India, another 73 per cent in the US and 82 per cent in France, believe that user identity management is more difficult in the Cloud than the on-premises environment, said a study by digital security giant Gemalto and the Ponemon Institute on Wednesday. Despite the popularity of Cloud usage, the study found there is a wide ...

11 hours ago
Sensex climbs mount 35k first time, Nifty50 hits 10,800 intra-day

Mumbai, Jan 17 (IANS) Optimism around quarterly corporate earnings, along with an upward rally in banking stocks and healthy inflow of foreign funds, lifted the key Indian equity indices -- the BSE Sensex and NSE Nifty50 -- to record high levels on Wednesday. Also, the government's decision on Wednesday to cut the size of additional borrowing to Rs 20,000 crore of government securities f...

13 hours ago
Microsoft announces availability of Surface Book 2 in India

New Delhi, Jan 17 (IANS) Microsoft on Wednesday announced that its 2-in-1 detachable Surface Book 2 is coming to all Surface markets, including India. Pre-orders for the 15-inch Surface Book 2 began on Wednesday in countries, including Australia, Canada, France, Germany and Britain. Later in the year, 13-inch and 15-inch Surface Book 2 will be rolled out to China, Hong Kong and I...

13 hours ago
Bengal to get Rs 4,300 cr investment in warehousing, logistics: JLL India

Kolkata, Jan 17 (IANS) West Bengal is expected to receive over Rs 4,300 crore in investment over three years in warehousing and logistics, real estate services firm JLL India said here on Wednesday. With an MoU the state government is expected to execute in three years (2018-2020) in the pipeline, West Bengal will see over Rs 4,300 crore being invested to mostly create warehousing facili...

15 hours ago
Bitcoin falls over 20% in Asia over new restriction fears

Tokyo, Jan 17 (IANS) The price of Bitcoin fell by more than 20 per cent over the last 24 hours in major markets in Asia over fears of fresh restrictions in South Korea and China. Bitcoin was valued at an average price of 1,394 million yen ($12,562) in Japanese exchange houses at 3.20 p.m. (local time) on Wednesday, and 13,513 million won ($12,628) in South Korea, according to the CryptoC...

16 hours ago
Researchers locate Android spyware that can steal WhatsApp messages

London, Jan 17 (IANS) Researchers from Russian cyber security company Kaspersky Lab have found an Android spyware that has the ability to steal WhatsApp messages via Accessibility Services and connect an infected device to Wi-Fi networks controlled by cybercriminals. Dubbed as Skygofree, the malware is claimed to have been found on malicious websites in Italy and is most likely an offens...

16 hours ago
India is a big inspiration: Milan-based design expert

New Delhi, Jan 17 (IANS) Indian consumers, especially women, are becoming more educated in terms of understanding diamond jewellery pieces and India is a huge inspiration for designs, says Milan-based international design expert Federica Imperiali. India is a very important and emerging market, Imperiali, also the design head of Forevermark brand globally, told IANS in an e-mail intervie...

16 hours ago
HP 3D printers now commercially available in India

New Delhi, Jan 17 (IANS) In a bid to take the industrial manufacturing in India to a new level, printing and PC major HP Inc on Wednesday made its acclaimed Multi Jet Fusion 3D Printing solution commercially available in India. The Multi Jet Fusion 3D Printing solution can be purchased through HP specialised partners -- starting from Rs 2.5 crore -- which includes pre- and post-processin...

1 day ago
US trade deficit with China not sustainable, Trump warns Xi

Washington, Jan 17 (IANS) President Donald Trump warned his Chinese counterpart, Xi Jinping, that Washington's trade deficit with China has continued to grow and that the situation is not sustainable, the White House said on Tuesday. Trump and Xi spoke by telephone late on Monday in Washington, when it was already Tuesday morning in Beijing, and also discussed diplomatic progress on the...

1 day ago
GAIL renegotiates 'price and volume' of Gazprom's LNG

New Delhi, Jan 16 (IANS) Leading natural gas company GAIL on Tuesday said it has re-negotiated the price and volume of the long-term LNG sale and purchase agreement (SPA) with Russia's Gazprom. According to the company, the two parties have agreed to an adjustment to the price and volume of LNG supply. The two parties have agreed to an adjustment to the price and volume of LNG su...

1 day ago
Equity indices shed gains on widened trade deficit, crude prices

Mumbai, Jan 16 (IANS) Breaking a three-day streak of record closing highs, the two key Indian equity indices on Tuesday ended the day in the negative zone with heavy selling pressure in almost all the sectors, except the IT and Teck (technology, media and entertainment) indices. According to market observers, the key indices retreated from their record high levels as sentiments were damp...

1 day ago
Reliance Nippon Life declares Rs 5 per share interim dividend

Mumbai, Jan 16 (IANS) Reliance Nippon Life Asset Management Ltd on Tuesday said it closed the third quarter of the current fiscal with a net profit of Rs 130 crore and declared an interim dividend of Rs 5 per share. In a statement issued here the company that manages the assets of Reliance Mutual Fund said for the quarter ended December 31, 2017 it had logged a year-on-year growth of 25 ...

1 day ago
Cloud and Fibre Initiative is GCX's core plan for 2018

Mumbai, Jan 16 (IANS) Global Cloud Xchange (GCX), a subsidiary of Reliance Communications (RCOM), on Tuesday unveiled key strategic plans for 2018 with its 'Cloud and Fiber Initiative at the core. The construction of its recently-announced Eagle express submarine cable systems from Mumbai -- westward to Italy and eastward to Hong Kong -- will be completely self-financed, with no upfront ...

1 day ago
Nikkei closes at 26-year high on yen's softer tone

Tokyo, Jan 16 (IANS) Tokyo stocks closed higher on Tuesday, with the benchmark Nikkei stock index finishing at its highest level in more than 26 years as the yen's softer tone against the US dollar lifted exporters' issues and raised hopes for earnings results at the end of the month. The 225-issue Nikkei Stock Average added 236.93 points, or 1.00 per cent, from Monday to close the day a...

1 day ago
Reliance Nippon Life Asset declares 5% interim dividend

Mumbai, Jan 16 (IANS) Reliance Nippon Life Asset Management Ltd on Tuesday said it closed the third quarter of the current fiscal with a net profit of Rs 130 crore and declared an interim dividend of Rs 5 per share. In a statement issued here the company that manages the assets of Reliance Mutual Fund said it has posted a net profit of Rs 130 crore for the quarter ended December 31, 2017...

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