Day: February 7, 2019

RBI unexpectedly cuts key rate in pre-election boost for PM Modi

MUMBAI – The Reserve Bank of India (RBI) on Thursday unexpectedly lowered interest rates and, as anticipated, changed its policy stance to “neutral” to boost a slowing economy after a sharp slide in the inflation rate. The cut is welcome news for Prime Minister Narendra Modi’s government, which […]

Russia plans to invest USD 14 bn in Pakistan’s energy sector

Islamabad, Feb 7: Cash-strapped Pakistan is set to receive an integrated Russian investment package of USD 14 billion for the country’s energy sector, including offshore gas pipeline and underground storage projects, a media report said Thursday.  A Russian delegation headed by Gazprom Management Committee Deputy Chairman Vitaly A Markelov […]

ED claims Talwar has links with Vijay Mallya, court extends custody till Feb 12

New Delhi, Feb 7: The Enforcement Directorate Thursday claimed before a Delhi court that corporate lobbyist Deepak Talwar has links with fugitive Vijay Mallya in a money laundering case. Special Judge S S Mann extended the ED’s custody of Talwar till February 12 after the probe agency said he […]

Vadra appears before ED for another day of questioning in money laundering probe

New Delhi, Feb 7: Robert Vadra, Congress chief Rahul Gandhi’s brother-in-law, appeared before the Enforcement Directorate for the second day on Thursday in connection with a probe into allegations that he laundered money to purchase illegal foreign assets. Vadra, who was grilled for five-and-a half hours for the first […]

Cong slams Modi govt in LS, accuse it of weakening constitutional bodies

New Delhi, Feb 7: Robert Vadra, Congress chief Rahul Gandhi’s brother-in-law, was questioned by the Enforcement Directorate for the second day on Thursday in connection with a probe into allegations that he laundered money to purchase illegal foreign assets Vadra, who was grilled for five-and-a half hours for the […]

Venezuela’s political fight could snarl rush to ship aid in

CUCUTA, Colombia — For Anahis Alvarado, whose battle with kidney failure has become more desperate as Venezuela sinks deeper into crisis, the prospect of bringing in emergency medical and food supplies can’t come soon enough. She’s watched five fellow patients in her dialysis group die over the past […]

Where the investigations related to President Trump stand

Where investigations related to President Donald Trump stand and what may lie ahead for him: WHAT’S THIS ALL ABOUT? Special counsel Robert Mueller is looking into whether the Trump campaign coordinated with Russia and whether the president obstructed the investigation. Trump also plays a central role in a […]

Project helps women in developing nations gain economically

WASHINGTON  — Ivanka Trump is unveiling an effort aimed at helping 50 million women in the developing world get ahead economically over the next six years. On Thursday, the White House will officially launch the Women’s Global Development and Prosperity Initiative, a governmentwide project led by the senior […]

Democrats mute calls for Va. resignations with power at risk

RICHMOND, Va.  — Prominent Democrats came down hard on Virginia Gov. Ralph Northam after he apologized for a racist photo. But they were quieter as two more scandals — one involving race, another a sexual assault allegation — rocked Virginia’s statehouse. The subdued response from national Democrats shows […]

Anti-abortion bills: odds good in GOP states, not Congress

President Donald Trump’s call for a ban on late-term abortions is unlikely to prevail in Congress, but Republican legislators in several states are pushing ahead with their own tough anti-abortion bills that they hope can pass muster with the Supreme Court. Two bills proposing to outlaw abortions after […]

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