Month: January 2019

HC asks BEST workers’ union to decide on withdrawal of strike

Mumbai :  The Bombay High Court has directed the BEST workers’ union to take a final decision on the withdrawal of its ongoing strike by Tuesday evening and inform the court on Wednesday. The direction came after the Brihanmumbai Electric Supply and Transport (BEST) told a bench of Chief […]

SC asks UPSC secretary to appear in court, inform whether panel formed for DGP selection

New Delhi : The Supreme Court on Tuesday asked the UPSC secretary to personally appear and inform the court if the commission prepares a panel of senior IPS officers for director general of police (DGP) appointments by state governments. A bench headed by Chief Justice Ranjan Gogoi sought the […]

Wonder whether even MLA has no trust in system: NGT

New Delhi : The National Green Tribunal expressed surprise over an MLA approaching it on an environmental issue instead of heading to the authority concerned, saying it wondered “whether even an MLA has no trust and faith in the statutory authorities and is ‘helpless’ in making such authorities do […]

HC seeks response of Delhi govt, prison authorities on plea for Unani doctors in Tihar jail

New Delhi : The Delhi High Court has sought response of the Delhi government and jail authorities on a plea seeking ayurvedic doctors for prisoners lodged in the high-security ward of Tihar jail, without any discrimination. Justice Mukta Gupta asked the authorities to file a status report and listed […]

IOC to raise USD 900 mn via bonds issue

New Delhi : State-owned Indian Oil Corp (IOC) Tuesday said it will raise USD 900 million through an overseas bonds issue to meet its working capital requirements.In a regulatory filing, IOC said it has launched an international bonds issue of USD 900 million, carrying a coupon of 4.75 per […]

Facebook to invest $300 million in local news initiatives

New York : Facebook says it is investing 300 million over the next three years in local news programs, partnerships and other initiatives. The money will go toward reporting grants for local newsrooms, expanding Facebook’s program to help local newsrooms with subscription business models and investing in nonprofits aimed […]

Huawei founder denies spying for China in rare interview

Beijing :  Huawei’s reclusive founder Ren Zhengfei stepped out of the shadows Tuesday to give a rare media interview, forcefully denying accusations that his firm engaged in espionage on behalf of the Chinese government. The company he founded more than 20 years ago has been under fire in recent […]

Exports up 0.34 pc in Dec 2018; trade deficit narrows

New Delhi : The country’s exports grew marginally by 0.34 per cent to USD 27.93 billion in December 2018 on account of negative growth in sectors such as engineering and gems & jewellery, according to a commerce ministry data. Imports, however, dipped by 2.44 per cent to USD 41 […]

Rupee slips further, settles below 71-level against USD

Mumbai :  The Indian rupee Tuesday plunged by another 13 paise to close at one-month low of 71.05 against the US dollar amid strengthening greenback and surging crude oil prices. At the Interbank Foreign Exchange, the rupee opened weaker at Rs 70.79 then lost further ground and fell to […]

British PM faces defeat in historic Brexit deal vote

London :  British Prime Minister Theresa May faces crushing defeat in a historic vote in parliament on Tuesday over the Brexit deal she has struck with the European Union, leaving the world’s fifth biggest economy in limbo. With just over two months to go until the scheduled Brexit date […]

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