Search Results for: foreign-currency

imf on india, imf report on india, india to overtake germany, india to surpass germany, india as 4th largest economy, imf on gst implementation, modi govt

IMF cuts India's growth projection, but it still retains world's top spot

Maury Obstfeld, International Monetary Fund's director of the Research Department, said that the rise in oil prices due to supply disruptions and geopolitical tensions have harmed importers like India.

Jul 16, 2018

Indian IT companies witness drop in foreign portfolio investors' exposure

Interestingly, one of the major features of the Indian markets in the current year has been the high volatility in terms of investment when it comes to foreign inflow and outflow

Jul 16, 2018

Donald Trump and Vladimir Putin to hold first summit talks in Helsinki

The Helsinki summit is the capstone to a nearly week-long trip for Trump during which he has sown doubts about his commitment to the NATO military alliance

Jul 16, 2018

Cuba's new constitution will now recognise private property, prime ministerial position

Summary of the new constitution shows that Cuba will finally open up to private property as well as create the position of Prime Minister. The constitution is set to be presented to the National Assembly next week, with a referendum on its adoption later this year.

Jul 15, 2018

As May's plan faces backlash, no-deal Brexit seems more likely

German business groups have asked their members to be ready for a hard Brexit, fearing Britain may not strike a deal in time. Prime Minister Theresa May has also warned of a no-deal Brexit if the government doesn't back her plan.

Jul 15, 2018

Mike Pompeo and Mexico's Foreign Minister Luis Videgaray

Pompeo meets next Mexican president, says Trump wants better ties

Pompeo visits President-elect Manuel Lopez Obrador, talks about Trump's plans to strengthen ties with Mexico. The two countries share a strained relationship after Trump's tweets and demands for a border wall.

Jul 14, 2018

Tamil Nadu opposes repeal of UGC Act

Tamil Nadu Chief Minister Palaniswami has written to the Prime Minister opposing the draft bill on replacing the UGC and AICTE with Higher Education Commission of India. Palaniswami's main issues are related to the financing of universities, which will now be overseen by MHRD.

Jul 14, 2018

UPSC 2018 Prelims results announced

The UPSC has published the results of the preliminary examinations and posted the dates for the Mains. Candidates can check the results on the official UPSC website.

Jul 14, 2018

A copy of the grand jury indictment against 12 Russian intelligence officers

Indictment of Russian officers puts pressure on Trump at Putin summit

America has indicted 12 GRU officers in the case of election meddling, and while Trump says otherwise, the indictment will have a serious effect on the Trump-Putin summit in Helsinki next week.

Jul 14, 2018

UK police find source of Novichok nerve agent in small bottle

British counter-terrorism police said on Friday they believed they had found the source of the Novichok nerve agent that killed a woman in southwest England and left her partner critically ill in hospital.

Jul 14, 2018

Infosys net up 5.8% in first quarter, investors to be rewarded

Releasing its earnings for Q1 2018, the company reported Rs 3,613 crore consolidated net profit, growing 12 percent annually a year ago. The company has decided to celebrate its 25th year of public trading by issuing one bonus share for every equity share.

Jul 14, 2018