Day: February 2, 2019

SC expresses displeasure at non-appointment of regular CBI director

New Delhi : The Supreme Court Friday asked the Centre why it has not appointed a regular CBI director and said it was “averse” to the appointment of an interim chief for the agency for a long period. A bench comprising justices Arun Mishra and Naveen Sinha said the […]

GST mop-up rises to Rs 1.02 lakh cr in January

New Delhi : GST collections in January rose to Rs 1.02 lakh crore — the second highest monthly mop-up after April, the finance ministry said Saturday. This is a significant increase from the collection of Rs 94,725 crore in December 2018, and 14 per cent higher than January 2018 […]

Interim Budget focused on rural and agri sector, notes DBS bank

Singapore :  India’s interim budget for the financial year 2019-20 has a strong focus on the rural and agricultural sector and also suggests that economic priorities have taken precedence, according to a leading bank here. Presenting the interim budget for FY 2019-20 ahead of the general elections due in […]

Interim budget will support consumer spending, economic growth: USIBC

Washington : A top American business advocacy group on Friday lauded the interim budget presented by Finance Minister Piyush Goyal, saying that the many positive elements in it will support consumer spending and economic growth. Reaching out to a large electorate ahead of the Lok Sabha polls, the Modi […]

Cannot allow trade deficit with China to continue: Prez Trump

Washington : President Donald Trump has said US’ massive trade deficit with China cannot be allowed to continue, a day after the officials from both countries concluded their latest round of negotiations on trade issues. The US and China have been locked in an escalating trade spat since early […]

Venezuela’s Guaido extends olive branch to China

Beijing : Venezuela’s self-proclaimed president Juan Guaido has promised China he will honour bilateral agreements and said he was ready to start a dialogue with Beijing “as soon as possible”. Guaido’s comments to the South China Morning Post, published Saturday, appear aimed at laying to rest questions over whether […]

Iranian TV: Attack on paramilitary base kills 1, wounds 5

Tehran :  Iranian state TV is reporting that an attack on a Basij paramilitary base has left one dead and five others wounded in the southeastern town of Nikshahr. Authorities did not provide details about the nature of Saturday’s assault and no group immediately claimed responsibility. The Basij is […]

China to provide USD 2.5 bn loan to Pak to boost foreign cash reserves

Islamabad :  China will provide USD 2.5 billion in loans to Pakistan to boost the foreign exchange reserves of its “all-weather ally”, a media report said Saturday. Pakistan is nearly broke with the drying up of foreign cash reserves and mounting external debt. The country’s USD 8.12 billion reserves, […]

N Korean Christians keep faith underground amid crackdowns

Seoul : One North Korean defector in Seoul describes her family back home quietly singing Christian hymns every Sunday while someone stood watch for informers. A second cowered under a blanket or in the toilet when praying in the North. Yet another recalls seeing a fellow prison inmate who’d […]

Trump hails ‘great news’ that Foxconn Wisconsin factory back on track

Washington : President Donald Trump on Friday cheered the “great news” that Taiwanese electronics giant Foxconn said it was going ahead with plans for a major factory in Wisconsin. The company announced that following a conversation between Trump and Foxconn chief Terry Gou it was “moving forward with our […]

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