Month: May 2019

HC asks Delhi govt to place before Cabinet need for more fast track, commercial courts

New Delhi :  Taking note of the pendency of sexual assault and business dispute cases, the Delhi High Court Thursday directed the Delhi government to place before the Cabinet the requirement for 18 more fast track and 22 commercial courts. A bench of Chief Justice Rajendra Menon and Justice […]

“Challenge to arbitral award on policy ground only in exceptional circumstances”

New Delhi : Challenge to an arbitral award on the ground of public policy of India can be made only in very exceptional circumstances when the “conscience of the court is shocked” by violation of principles of justice, the Supreme Court has said. A bench comprising Justices R […]

White House urges Internet users to denounce ‘censorship’

Washington :  President Donald Trump’s administration has renewed its claims of political favouritism among search engines and social media platforms by launching a survey that encourages people to report online censorship. “SOCIAL MEDIA PLATFORMS should advance FREEDOM OF SPEECH. Yet too many Americans have seen their accounts suspended, banned, […]

US blacklists Huawei, places it on entity list

Washington : Escalating the bruising trade war with China, President Donald Trump has signed an executive order barring American companies from installing the foreign-made telecom equipment deemed a national security threat, a move apparently aimed at banning Chinese giant Huawei from US networks. The decision taken on Wednesday risks […]

Bank of India posts Rs 252 cr profit in Q4

New Delhi :  State-run Bank of India Thursday reported a profit of Rs 251.79 crore for the fourth quarter ended March 2019 owing to reduction of bad loans. The bank had reported a net loss of Rs 3,969 crore in the same quarter of the previous year, Bank of […]

Rupee rises for 3rd day; vaults 31 paise to 70.03 vs USD

Mumbai :  The rupee surged by 31 paise to close at 70.03 against the US dollar Thursday amid a sharp rebound in the domestic equity markets, even as oil prices firmed up. This is the third straight session of gain for the domestic currency, during which it has strengthened […]

Trump to provide rare look of finances in disclosure report

New York :  President Donald Trump’s latest financial disclosure report is expected to provide a rare glimpse into whether his presidency has helped or hurt his hotels, golf resorts and other parts of his business empire. The report, which is filed with the Office of Government Ethics and set […]

Egypt: 5 soldiers killed, dozens of militants die in Sinai

Cairo :  Egypt says five soldiers and dozens of militants were killed in recent clashes in the country’s restive northern Sinai Peninsula. Military spokesman Tamer al-Rifai issued a statement on Thursday saying the five slain troops included an officer. He says four were wounded and as many as 47 […]

Pak court upholds death for 3, acquits 2 in Christian couple’s killing

Lahore : An anti-terrorism court in Pakistan on Thursday upheld death sentences for three men but acquitted two others including a cleric who had incited people to burn alive a Christian couple accused of blasphemy on the outskirts of Lahore in 2014. The victims – Shahzad Masih and his […]

47 suspected militants, 5 troops killed in Egypt’s Sinai: Army

Cairo : Egypt’s army on Thursday said 47 militants and five of its troops were killed as part of its military offensive in the restive Sinai Peninsula, where it is fighting the Islamic State group. The suspected militants had “guns of different makes, ammunition, explosive devices in northern and […]

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