Day: May 22, 2019

Indices off record highs; Sensex trips 383 pts on profit-booking

Mumbai : Benchmark indices took a U-turn from record high levels touched during early trade on Tuesday, with the BSE Sensex tripping nearly 383 points and the NSE Nifty shedding over 119 points as investors hurried up to book profits. On Monday, both the benchmarks Sensex and Nifty had […]

Rupee gains 5 paise against US dollar in early trade

New Delhi :  The rupee ticked higher by 5 paise to 69.67 against the US dollar Wednesday amid weakness in the greenback and easing crude oil prices. Strong FIIs inflows and higher domestic equity markets also improved sentiments for the rupee, forex dealers said. At the interbank foreign exchange, […]

Sensex rises over 150 pts; Nifty tests 11,700

Mumbai : The benchmark BSE Sensex jumped over 150 points in early trade Wednesday, led by gains in oil and gas, banking and IT stocks, ahead of the general election results. The 30-share index was trading 157.51 points, or 0.40 per cent, higher at 39,127.31. In similar movement, the […]

Tight security arrangements for counting of votes in Nagaland

Kohima :  Elaborate security arrangements have been made for the counting of votes for the lone Lok Sabha seat in Nagaland and by-election to Aonglenden Assembly constituency on Thursday, a top election official has said. Polling for the Lok Sabha seat and Aonglenden bye-poll was held simultaneously on April […]

Chinese ambassador blames US for sinking trade deal

Washington :  China’s ambassador to the United States said in a Tuesday interview with Fox News that Washington repeatedly “changed its mind overnight” and sunk deals that could have ended the two countries’ trade war. Ambassador Cui Tiankai also slammed as “politically motivated” the White House’s move to ban […]

Protesters clash with Indonesian police after election loss

Jakarta ;  Supporters of an unsuccessful presidential candidate clashed with security forces and set fire to a police dormitory and vehicles in the Indonesian capital on Wednesday after the release of official election results. National Police spokesman Dedi Prasetyo said protests turned violent late Tuesday and continued through the […]

Trump nominates aerospace executive for Air Force secy

Washington :  President Donald Trump has nominated an aerospace executive to be the next secretary of the Air Force. Trump says in a tweet that he has chosen Barbara Barrett, former chairman of the Aerospace Corporation, to replace Heather Wilson who is stepping down at the end of this […]

Indian-American judge orders Trump accounting firm to hand over records to Congress

Washington : An Indian-American judge has rejected President Donald Trump’s attempt to block House Democrats from getting his financial records, dealing an early setback to his administration in its legal battle with Congress. Judge Amit Mehta of the DC District Court on Monday decisively ruled in favour of the […]

Bangladesh halts visas for Pakistani nationals amid diplomatic impasse

Dhaka/Islamabad :  Bangladesh high commission in Islamabad has stopped issuing visas to Pakistani nationals for one week over a fresh diplomatic row, a Bangladeshi official said Tuesday, amid strained bilateral ties since 2013 when Dhaka decided to hang several of the 1971 war criminals. The diplomatic row between Bangladesh […]

Australia govt says it won’t break election tax pledge

Canberra : Australia’s newly reelected administration says its promise to slash income taxes might be delivered late but won’t be broken as the government hopes to stimulate consumer spending and revive a flagging economy. Treasurer Josh Frydenberg said Tuesday passing the legislation that would reduce the annual tax bill […]

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