Day: May 9, 2019

China’s exports fall ahead of crucial trade talks

Beijing : China’s exports fell more than expected in April while imports rose, official data showed Wednesday ahead of high-stakes talks aimed at resolving a trade war with the United States. The world’s two leading economies face a possible make-or-break moment when top negotiators meet in Washington this week […]

Sensex drops 250 pts; Nifty below 11,450

Mumbai :  The benchmark BSE Sensex extended its losing streak by falling over 250 points in early trade Wednesday, led by losses global markets amid rising US-China tension. The 30-share index was trading 205.12 points, or 0.54 per cent, lower at 38,071.51. Similarly, the broader NSE Nifty was down […]

FinComm meets RBI Guv; discusses setting up of state-level commissions

New Delhi :  The 15th Finance Commission Wednesday deliberated on the need to set up such panels in states during its meeting with RBI Governor Shaktikanta Das and other senior functionaries of the central bank. The other issues which came up for discussion during the meeting in Mumbai include […]

Sensex tanks 487 pts as trade jitters take a toll

Mumbai : Markets wilted under selling pressure for the sixth straight day Wednesday as investor sentiment remained grim amid US-China trade tensions and declining foreign fund inflows. The 30-share BSE Sensex plunged 487.50 points, or 1.27 per cent, to end at 37,789.13; while the broader NSE Nifty sank 138.45 […]

Pompeo in London to discuss the UK-US ‘special relationship’

London ; US Secretary of State Mike Pompeo is in London for talks with British officials on the status of the special relationship between the nations amid heightened tensions with Iran and uncertainty over Britain’s exit from the European Union. Pompeo will meet Wednesday with British Prime Minister Theresa […]

Brexit PM May ridiculed for summoning Liverpool football spirit

London :  British Prime Minister Theresa May on Wednesday compared her Brexit battle with Brussels to Liverpool footballers’ stirring Champions League comeback against Barcelona — risking ridicule from the left-leaning city. The English club lost the first leg of the semi-final clash 3-0 in Spain and seemed headed for […]

Crew of 13 Indians rescued from burning ship in UAE

Dubai ; Thirteen Indians onboard a burning cargo ship were rescued Wednesday by a team of quick-acting firefighters at Khalid Port in Sharjah. The vessel was loaded with 6,000 gallons of diesel, 120 exported vehicles and 300 vehicle tyres – all of which were gutted in the massive blaze. […]

Trump: Chinese trade officials coming to US ‘to make a deal’

Washington :  Chinese trade officials headed to Washington for talks this week intend to “make a deal,” US President Donald Trump said Wednesday, reviving hopes for success in negotiations that had appeared to hang by a thread. “China has just informed us that they (Vice-Premier) are now coming to […]

NYAY will break shackles of poverty, transform lives: Rahul

New Delhi : Congress president Rahul Gandhi on Wednesday said his party’s proposed minimum income guarantee NYAY scheme will “break the shackles of poverty” and transform the lives of millions of people. Taking to Twitter, he also posted a video of a media report in which a village girl, […]

Pakistan apprehends 22 Indian fishermen off Gujarat coast

Ahmedabad : The Pakistan Maritime Security Agency (PMSA) Wednesday apprehended 22 Indian fishermen off the Gujarat coast, said an official of a fishermen’s association. Two days ago, the PMSA had detained 34 Indian fishermen off the Gujarat coast. The latest batch of fishermen, along with their boats, were caught […]

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