Beijing : Chinese President Xi Jinping vowed Friday to abolish subsidies to firms that impede fair competition — addressing a major bone of contention in US trade talks. Xi repeated past promises to lower tariffs, increase imports and open up more sectors of China’s economy to foreign businesses. The […]
Mumbai : The rupee appreciated 16 paise to 70.09 against the US dollar in opening trade Friday, driven by positive opening in domestic equities and weakening greenback in overseas markets. The rupee opened strong at 70.12 at the interbank forex market, then gained further ground to touch 70.09 per […]
New Delhi : The country’s largest carmaker Maruti Suzuki India (MSI) Friday said it will set up a multi-speciality hospital and a senior secondary school in Sitapur in Gujarat. Both projects will be fully-funded as CSR initiatives by MSI with an investment of around Rs 125 crore over a […]
New Delhi : The country’s largest carmaker Maruti Suzuki India (MSI) Friday said it will set up a multi-speciality hospital and a senior secondary school in Sitapur in Gujarat. Both projects will be fully-funded as CSR initiatives by MSI with an investment of around Rs 125 crore over a […]
New Delhi : HDFC Standard Life Insurance Friday reported a 5 per cent rise in standalone net profit to Rs 364.01 crore for the fourth quarter ended March 31. It had registered a net profit of Rs 346.84 crore in the corresponding quarter of 2017-18. The company’s total income […]
Mumba : The BSE Sensex rallied 336 points to reclaim the 39,000 mark Friday, propelled by gains in banking, oil and gas, metal and IT stocks amid easing global crude oil prices. After hitting an intra-day high of 39,103.16, the Sensex settled 336.47 points, or 0.87 per cent, higher […]
Vladivostok (Russia) : Kim Jong Un has accused the US of acting in “bad faith” in talks on its nuclear arsenal, North Korean state media said Friday as he left Russia following his first summit with President Vladimir Putin. Kim’s armoured train departed the Far Eastern port city of […]
Colombo : Sri Lankan Prime Minister Ranil Wickremesinghe on Friday said the country needs new laws to deal with threats posed by local terror outfits linked to ISIS, the group which has claimed responsibility for the Easter bombings that left 253 people dead and several hundreds injured. “The definition […]
Washington : The United States on Friday imposed sanctions on Venezuelan Foreign Minister Jorge Arreaza as it tries to ramp up pressure to remove President Nicolas Maduro. The United States “will continue to target corrupt Maduro insiders, including those tasked with conducting diplomacy and carrying out justice on behalf […]
Colombo : Sri Lanka’s Catholic leader said Friday he felt “betrayed” by the government’s failure to act on warnings that could have prevented the Easter bombings, adding that services would not resume until security could be guaranteed. The government has admitted major lapses over the foreign intelligence warning that […]
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