Search Results for: economy

Bullet Train project faces another hurdle as farmers protest in Surat

The project is expected to acquire around 850 hectares of land across the districts of Ahmedabad, Kheda, Anand, Vadodara, Bharuch, Surat, Navsari and Valsad, affecting around 5,000 families.

Jun 20, 2018

PNB scam: Lapses at several levels led to India's largest bank fraud, report says

A $2 billion fraud at India's Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the bank's own internal probe has found.

Jun 20, 2018

Trump supporters disrupt Robert De Niro's Broadway show

Ever since Donald Trump's victory in the 2016 presidential elections, Robert De Niro has been openly criticising him and even alleged Russian's interference in the elections.

Jun 19, 2018

China vows to hit back as Trump plans $200 billion additional tariffs on Chinese imports

The developments suggest an intensifying trade dispute that the International Monetary Fund fears would be one of the biggest risks to global growth.

Jun 19, 2018

Congress calls PM Modi's Niti Aayog speech a mix of 'half truths'

Party spokesperson Randeep Singh Surjewala dubbed Modi the "master of destroying institutions", citing the condition of banks, manufacturing industry and employment, particularly for the youth.

Jun 18, 2018

italy referendum prime minister resigns outcome results euro zone

Euro zone inflation confirmed at 1.9 percent, labour costs surge

Euro zone consumer prices rose by 1.9 percent in May, pumped up by higher costs of energy, food and services, data showed on Friday, while labour costs rose at their sharpest rate for five years in the first quarter of 2018.

Jun 18, 2018

Donald Trump vs. Justin Trudeau takes a new turn

Canadians boycott US goods, cancel vacations to show Trump their ire over US trade tariffs

Donald Trump will never forget how he insulted Canada and Justin Trudeau with Canadians' take on the US. They have boycotted American products and services to give Trump a lesson.

Jun 16, 2018

If nuclear war breaks out, even best case escape scenarios prove futile

There are about 15,000 nuclear bombs in the world of which we know right now, enough to completely destroy the planet and everything it shelters. The most rational number of nuclear weapons for a country to have is zero.

Jun 16, 2018

FII inflow to drop as US Federal Reserve hikes interest rate

The Indian market has experienced a volatile period in terms of FII investments since the beginning of the year. While the 25 bps hike by the US Federal Reserve was not really a surprise, it is definitely affecting the Indian economy.

Jun 15, 2018

Donald Trump says trade with China has been Unfair in joint Xi speech

Trump's trade war escalates with tariffs on Chinese goods

US President announces new tariffs on $50Bn worth Chinese goods as the global trade war continues. Beijing likely to retaliate with its own tariffs on American goods.

Jun 15, 2018

us dollar rupee investments fii india exchange rate inflation us fii fpi stock markets sensex donald trump modi india currency ban

US Federal Reserve raises rates amid stronger inflation

Fed Chairman Jerome Powell said that "the economy is doing very well".

Jun 14, 2018

The F-bomb war continues, Trump punches back at De Niro

In a series of tweets after his historic meeting with North Korean President Kim Jong Un, Trump called the actor "a very low IQ individual."

Jun 14, 2018

Friends indeed? Why Japan, US join hands refusing to sign Anti-Plastic pact

The refusal of the US and Japan to sign the plastic charter has come as a surprise for the world community. What made the American government so ignorant towards the environment is the question, while Japan has always kept economy ahead of environment.

Jun 13, 2018

Slowing gasoline price rises keep US inflation in check

US consumer prices rose marginally in May amid a slowdown in increases in the cost of gasoline and the underlying trend continued to suggest moderate inflation in the economy.