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31 seconds ago
Sushma, Sitharaman to visit Washington for strategic 2+2 Dialogue

New York, June 21 (IANS) India's External Affairs Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman will hold the first strategic 2+2 Dialogue with their US counterparts on July 6 in Washington, the State Department announced on Thursday. Secretary of State Michael R. Pompeo and Secretary of Defense James Mattis will host the Indian ministers at the meeting that will focus o...

9 seconds ago
Coimbatore set to host second round of Racing Nationals this weekend

Coimbatore, June 21 (IANS) Packed and quality grids will feature the second round of the MRF MMSC National Racing Championship commencing at the Kari Motor Speedway here this weekend which will also witness the opening round of the Volkswagen Ameo Cup. As in the previous seasons, the MRF F1600 winner at the end of the championship comprising 12 races over four rounds, will earn the right...

1 hour ago
Crisis of confidence in banking system provides an opportunity to unleash reforms

India's banking sector has been hogging the headlines for all the wrong reasons. It started with the mounting problem of non-performing assets (NPAs) across banks; then came a revelation of systemic fraud in the second-largest state-owned bank; and most recently, topping it all off are damning allegations of irregularities against the head of one of the largest private-sector banks. All ...

5 hours ago
Chinese FDI to US declined 30% in 2017, says survey

New York, June 21 (IANS) Foreign direct investment (FDI) from China to the United States declined 30 per cent in 2017 compared to a record high in 2016, a report released on Wednesday said. The report, 2018 Annual Business Survey Report on Chinese Enterprises in the United States, was released by the China General Chamber of Commerce - USA (CGCC). The decline indicated the bilate...

6 hours ago
Global tariffs on metals must to pre-empt China move: US

Washington, June 21 (IANS) US Commerce Secretary Wilbur Ross on Wednesday said global tariffs on steel and aluminium were necessary to prevent China from routing those metals to the United States via other regions. Ross made his remarks during an appearance before the Senate's Finance Committee. He said that since the tariffs were imposed Europe, Canada and Japan had begun to tak...

8 hours ago
Member from same region to fill US seat in Human Rights Council: UN

United Nations, June 21 (IANS) -- The vacant seat in the UN Human Rights Council (UNHRC) left by the United States will be filled by a member from the same regional group, said spokesman of Miroslav Lajcak, President of the UN General Assembly (UNGA), on Wednesday. The General Assembly resolution that established the Human Rights Council in 2006 does not contain any reference to possible...

20 hours ago
The bigger picture: How a drone photographer is capturing inequality from the air

New Delhi, June 20 (IANS) Towering skyscrapers and crumbling shanties, swathes of land awash in greenery and cramped urban dwelling spaces, regal-looking bungalows and slums may co-exist on ground but when viewed from the sky, they can reveal structural inequality prevailing all around us. Drone photographer Johnny Miller, who has been awarded fellowships by Code For Africa (a news organ...

22 hours ago
CEA Arvind Subramanian's term won't be extended on his own request: Jaitley

New Delhi, June 20 (IANS) The Chief Economic Advisor (CEA), Arvind Subramanian's term would not be extended any further as he wants to go back to the US due to family commitments, Finance Minister Arun Jaitley said in a Facebook post on Wednesday. Subramanian had joined as the CEA on October 16, 2014 for a period of three years. Few days ago Chief Economic Advisor Arvind Subraman...

1 day ago
UN chief regrets as US exits 'biased' Human Rights Council

United Nations, June 20 (IANS) United Nations Secretary-General Antonio Guterres regretted the withdrawal of the United States from the United Nations Human Rights Council (UNHRC), said his spokesman on Tuesday. The Secretary-General would have much preferred for the United States to remain in the Human Rights Council, reported Xinhua news agency quoting spokesman Stephane Dujarric as sa...

1 day ago
US-China trade war fears hit global stock markets hard

New York, June 20 (IANS) Stock markets fell around the world on Tuesday in the wake of US President Donald Trump's latest tariffs threat to China. The Dow Jones was down more than 300 points, or 1.6 per cent, at the open after Asian and European markets fell sharply earlier, reports BBC. Trump has threatened to put tariffs on an extra $200bn of Chinese goods, sparking fears of a ...

1 day ago
Italian army rebuilds key access road in Mosul

Rome, June 20 (IANS/AKI) Italian soldiers in Iraq have helped rebuild an access road to Mosul's biggest olive grove located close to the war-ravaged northern city's strategic dam, the army announced on Tuesday. The road was rebuilt at the request of local Iraqi authorities as part of a project to re-develop the area around Mosul's 3.6 kilometre-long dam - Iraq's biggest - which Italian f...

1 day ago
Trump threatens new tariffs on Chinese imports, Beijing calls it 'blackmail'

Washington, June 19 (IANS) US President Donald Trump has threatened to impose tariffs on an additional $200 billion worth of Chinese goods in a escalating trade row with Beijing, which on Tuesday accused Washington of blackmail and warned it would strike back hard. The White House said on Monday evening that if China goes through with its promise to retaliate against the US tariffs annou...

1 day ago
Motorola gets patent for foldable smartphone: Report

San Francisco, June 19 (IANS) Chinese smartphone maker Motorola has reportedly been granted a patent in the US to make a flexible, foldable organic light-emitting diode (OLED) smartphone that would flex, both inward and outward. It is designed to have a thermal element in the hinge. The technology is very clever. There's a temperature sensor that works even when the phone is off...

2 days ago
S.Korea, US suspend major military exercise

Seoul, June 19 (IANS) South Korea and the US have decided to suspend the Ulchi Freedom Guardian (UFG) exercise slated for August, amid dialogue efforts to denuclearize North Korea, the two countries' officials said on Tuesday. Shortly after his Singapore summit with North Korean leader Kim Jong-un on June 12, US President Donald Trump unveiled his plan to stop provocative, inappropriate ...

2 days ago
China to take 'comprehensive measures' in case of fresh US tariffs

Beijing, June 19 (IANS) If the United States loses its rationality and unveils another list of Chinese products for additional tariffs, China will have no choice but to take comprehensive measures combining quantitative and qualitative ones to resolutely strike back, said a spokesperson of China's Ministry of Commerce (MOC) on Tuesday. After unveiling plans to impose additional tariffs o...

2 days ago
Trump threatens additional $200bn tariff on Chinese goods

Washington, June 19 (IANS) US President Donald Trump has threatened to levy a 10 per cent tariff on $200bn of Chinese goods in a tit-for-tat trade row with Beijing. Trump said he asked trade advisers to identify additional Chinese products on which to impose new tariffs. Last week Trump announced the US would impose 25 per cent tariffs on $50bn worth of Chinese goods. Bei...

3 days ago
FIFA: Belgium not willing to take minnows Panama lightly

Sochi, June 17 (IANS) A strong Belgium side boasting of some of the big names in the business will be expected to run riot against proverbial minnows Panama in a Group G World Cup clash here on Monday. Wide forward Dries Mertens though cautioned his team not to take their opponents lightly after Iceland's surprise draw with Argentina. Yeah, it is a World Cup, so every team that i...

3 days ago
CII lauds Prabhu's US visit to sort trade issues

New Delhi, June 17 (IANS) Noting that US trade officials are expected to visit India soon in an attempt to address the trade and economic irritants between the two countries, industry chamber CII on Sunday lauded Commerce Minister Suresh Prabhu's visit to the US for setting a roadmap to resolve bilateral trade issues expeditiously. India and the US have agreed to hold official talks soon...

5 days ago
China lists US import items for additional tariffs

Beijing, June 16 (IANS) China on Saturday unveiled a list of products from the United States that will be subject to additional tariffs in response to US announcement to impose additional duties on Chinese imports. Approved by the State Council, the Customs Tariff Commission of the State Council decided to impose additional duty of 25 per cent on 659 items of US products worth about 50 b...

6 days ago
Amazing-but-true reports from North Korea

Pity us poor reporters. This columnist covered a North Korean election in the 1990s. There was only one candidate! So for the first and only time in my life, I wrote a firm, confident prediction about who would win an election. I got it wrong. The North Korean Electoral College discussed the issue for hours and finally gave the presidency to the corpse of the candidate's father.<...

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