Month: December 2018

Sensex recovers 190 pts, Nifty above 10,500

Mumbai : Benchmark indices pared all early losses to end with robust gains Tuesday as investors shrugged off Urjit Patel’s shock exit from the RBI and dismissed jitters over state election results. The 30-share Sensex climbed 190.29 points, or 0.54 per cent, to end at 35,150.01, after falling over […]

Rupee tumbles 53 paise; RBI Guv’s exit, poll results take a toll

Mumbai :  The rupee staged a late rebound after plunging 110 paise in early trade Tuesday but still ended 53 paise lower at 71.85 against the US dollar following RBI Governor Urjit Patel’s shock exit coupled with the loss of the ruling BJP in key state elections. Analysts said […]

Govt should consider 100% FDI in multi-brand retail trade: CII report

New Delhi : The government should consider permitting 100 per cent foreign direct investment (FDI) in multi-brand retail trade and further improve ease of doing business for the sector to promote growth in the segment, industry body CII said in a report Tuesday. These suggestions are part of a […]

Lebanon: Israel destroying border tunnels won’t affect calm

Beirut :  Lebanon’s president said Tuesday that Israel’s operation to destroy what it says is a series of cross-border attack tunnels built by the militant Hezbollah group won’t endanger the calm along the frontier, adding that his country takes the issue seriously. Michel Aoun, a Hezbollah ally, said that […]

Trump’s White House turnover highest in decades: expert

Washington :  Donald Trump’s White House turnover has been the highest in decades, a top historian has said, days after the US President announced that his Chief of Staff John Kelly would be leaving the administration soon. Trump’s White House had the “highest 73 per cent turnover” of top-ranked […]

Khashoggi, other journalists named Time ‘Person of the Year’

New York :  Saudi journalist Jamal Khashoggi, who was murdered in October at his country’s Istanbul consulate, was on Tuesday named Time magazine’s “Person of the Year” alongside several other journalists. The magazine also honoured Philippine journalist Maria Ressa, Reuters reporters Wa Lone and Kyaw Soe Oo — currently […]

Thai junta lifts ban on political campaigning ahead of 2019 elections

Bangkok:  Thailand’s junta on Tuesday lifted a four-year ban on political campaigning ahead of 2019 elections, prompting Thaksin Shinawatra — the exiled billionaire who sits at the heart of the kingdom’s political rupture — to hail a “new hope” for the nation. One of the military’s first acts after […]

Assembly polls show ‘mood of nation’: Patnaik

Bhubaneswar : Odisha Chief Minister Naveen Patnaik accused Tuesday the BJP-led central government of “ignoring” interests of farmers and said the assembly elections in five states show mood of the nation. He congratulated the Congress, the TRS and MNF for their performance in the polls. “This (election results) shows […]

Mizoram CM resigns; admits ‘underestimating’ Opp strength

Aizawl : Mizoram Chief Minister Lal Thanhawla resigned Tuesday evening following the debacle by Congress in the assembly election and admitted that he had “underestimated” the opposition strength. The five-time chief minister said he also underestimated the “extent of the anti-incumbency wave”. Thanhawla had been at the helm of […]

KCR demolishes opposition in Telangana, wins a landslide

Hyderabad :  K Chandrasekhar Rao’s TRS Tuesday steamrolled a feeble opposition challenge to win the assembly elections by a landslide, riding pro-Telangana sentiments and the success of a raft of populist schemes launched by his government. Rao, 64, who emerged as the mascot of Telangana pride when he led […]

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