Day: January 2, 2019

Sensex falls on foreign fund outflow in early trade

Mumbai :  The BSE benchmark Sensex started the new year on a weak note, as it turned choppy after opening higher in early trade Tuesday amid sustained capital outflows by foreign funds and surging global crude oil prices. However, strengthening rupee capped further losses in equity markets, brokers said. […]

Hyundai domestic sales up 5 pc at 42,093 units in Dec

New Delhi :  Hyundai Motor India Ltd (HMIL) Tuesday reported 4.6 per cent increase in domestic sales at 42,093 units in December 2018. The company had sold 40,158 units in December 2017, HMIL said in a statement. HMIL said, in 2018, it sold sold 7,10,012 units, its highest ever […]

P K Singh appointed CCI secretary

New Delhi : The Competition Commission of India (CCI) Tuesday said it has appointed Pramod Kumar Singh as its secretary. Prior to this, P K Singh was adviser (law) to the competition watchdog, said a CCI official. In September, the fair trade regulator had invited applications for appointment to […]

GST collection drops to Rs 94,726 cr in December

New Delhi :  GST collection dropped to Rs 94,726 crore in December 2018, lower than Rs 97,637 crore collected in the previous month. Compliance however improved during the month as the total number of sales returns or GSTR-3B filed in December stood at 72.44 lakh, as against 69.6 lakh […]

Govt exempts rupee payments for Iran oil from taxes

New Delhi : The government has exempted rupee payments made to Iran’s national oil company NIOC towards the purchase of crude oil from payment of any tax, according to a Gazette notification. The finance ministry in a December 28, 2018 Gazette notification said the National Iranian Oil Company (NIOC) […]

Climate change takes toll on French oyster farmers

Cancale : Gulping down oysters has long been a favourite New Year’s Eve ritual for the French, but as winters get warmer and summers get drier many growers worry there will soon be fewer of the prized mollusks to go around. “Twenty years ago, we’d be shivering in the […]

Trump’s promise of a wall may not be fulfilled as advertised

Washington :  Three confidantes of President Donald Trump, including his departing chief of staff, are indicating that the president’s signature campaign pledge to build a wall along the US-Mexico border would not be fulfilled as advertised. Trump sparked fervent chants of “Build that wall!” at rallies before and after […]

China taking advantage of Taiwan’s openness, warns Tsai

Taipei :  China’s manipulation of Taiwan’s democratic openness is the biggest threat to the island’s security, President Tsai Ing-wen said Tuesday, as she called on Beijing to seek peaceful means to solve their differences. Relations between China and Taiwan have spent two years in the doldrums since the election […]

Pak shares with India list of nuclear installations

Islamabad : Pakistan Tuesday shared with India a list of its nuclear installations and facilities as per the provisions of a bilateral agreement. The list was handed over in accordance with Article-II of the Agreement on Prohibition of Attacks Against Nuclear Installations and Facilities between Pakistan and India, signed […]

I will be everyone’s premier: Bangla PM Hasina

Dhaka :  Prime Minister Sheikh Hasina has said that she will be the “premier of all” Bangladeshis and her government’s first priority would be to continue the economic reforms. Prime Minister Hasina’s Awami League and its allies won a landslide victory in the general elections on Sunday, bagging 288 […]

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