Economy

by | May 31, 2018 | 18:31

Under the Finance Bill 2018, tax on diesel , petroleum, crude oil and high-octane fuel would be increased from Rs10 per litre to Rs30. Congress spokesperson RPN Singh said the high fuel prices have adversely impacted the people, especially the middle class and farmers, which has led to agitation across the country.

by | May 31, 2018 | 17:41

The Prime Minister's Office said they "all agreed to continue to defend the Canadian steel and aluminum industry from unwarranted tariffs and to stand up for the best interests of all Canadian workers and businesses". If he does impose the tariffs, the European Union has vowed to hit back with its own tariffs on American goods, including iconic items such as Harley-Davidson motorbikes, blue jeans and bourbon whiskey.

by | May 30, 2018 | 07:22

The Trump administration made the announcement in a statement called "Steps to Protect Domestic Technology and Intellectual Property from China's Discriminatory and Burdensome Trade Practices". "The final list of covered imports will be announced by June 15, 2018, and tariffs will be imposed on those imports shortly thereafter", the statement said.

by | May 29, 2018 | 00:44

More than a dozen other states tout a gas price average of $3 or more. So we're definitely going to see congestion. AAA says that fifteen states, including New York, New Jersey and IL, are already facing $3 average gas prices or higher.

by | May 28, 2018 | 00:33

Russian Energy Minister Alexander Novak said production cuts could be eased "softly" if OPEC and non-OPEC countries see the oil market balancing in June, the Interfax news agency reported. Oil prices have risen to $80 per barrel, the levels unseen since late 2014. "Because of the government's widening fiscal deficit, ONGC and OIL could be asked to bear part of the Indian government's fuel subsidy for oil, if prices stay above $60 per barrel for the fiscal year ending March 2019", ...

by | May 28, 2018 | 00:33

Analysts believe that the less production of oil in the OPEC (Organization of the Petroleum Exporting Countries) and hike in crude oil price in the worldwide market are some of the factors affecting the fuel price. "The reasons that the union oil minister is giving is not justified". Petrol and diesel prices rose for the 11th consecutive day on Thursday, with prices in Delhi touching Rs 77.47 for a litre of petrol and Rs 68.53 for a litre of diesel.

by | May 26, 2018 | 00:09

President Trump addressed the U.S. Naval Academy graduation, where he said "we are witnessing the great reawakening of the American spirit". They go on to list other courageous actions taken by Naval Academy graduates over the years - and then compare them with the actions taken by Trump , who was busy at the time cheating on his three wives and being a reality TV game show host.

by | May 23, 2018 | 00:24

U.S. President Donald Trump is willing to walk away from an unprecedented summit with North Korean leader Kim Jong Un scheduled for next month, U.S. Joint US-Korean military drills have also infuriated North Korea , causing it to suspend talks with South Korea and bar its journalists from witnessing the closing of its nuclear test site this week.

by | May 23, 2018 | 00:05

If they choose not to do so, we will stay hard at this until we achieve the outcomes that I set forward today". "Our willingness to meet [North Korean leader] Kim Jong Un underscores the Trump administration's commitment to diplomacy to help solve the greatest challenges, even with our staunchest adversaries", said Pompeo.

by | May 15, 2018 | 22:24

SpaceX made history with the debut of their Falcon 9 rocket, and Elon Musk has said that the new form of rocket reusability will take the company and space travel at large to new heights. Up to 2019 SpaceX plans with the same first step run Block 5 two times within one day. "The one thing which must change would be to reload propellant and fly".

by | May 13, 2018 | 09:48

It doesn't matter what your status is and what your position is, ' he added. In the Sikh religion men are required to wear the turban. The incident involving Bains happened in April 2017 when he was traveling through Detroit Metro Airport on his way back to Canada.

by | May 13, 2018 | 09:46

AT&T said this week it engaged with Essential Consultants previous year so Cohen could provide "insights into understanding the new administration" and added the company did not lobby for the telecommunications giant. His comments about AT&T are notable because a political cloud has been hanging over the deal since day one. On Friday, AT&T said Cohen "approached" Quinn's office "during the post-election transition" period and said he would leave the Trump Organization to do consulting work ...

by | May 11, 2018 | 01:45

RBS had been subject to an investigation by the US Department of Justice (DOJ) over residential-mortgage backed securities and other derivatives. RBS says $3.46B of the penalty would be covered by existing provisions, with the rest to come from an incremental charge of $1.44B during Q2.

by | May 10, 2018 | 11:12

On Wednesday evening, U.S. retail giant Walmart confirmed that it is acquiring 77 percent of Indian e-commerce startup Flipkart for $ 16 billion . Sachin and Binny Bansal , both former Amazon.com Inc employees, founded Flipkart in 2007, and like their USA rival, began by selling books. It has over 100,000 registered sellers and 21 warehouse facilities across the country.

by | May 09, 2018 | 00:36

And prospects looked increasingly dim after news of Takeda's interest sent its shares south and Shire's soaring. Takeda also would get increased exposure to the USA, the world's biggest pharmaceutical market and where Shire generates most of its revenue.

by | May 07, 2018 | 08:08

Under Armour (NYSE: UAA ) last issued its quarterly earnings data on Tuesday, May 1st. The business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.12 billion. OLD Mutual Customised Solutions Proprietary Ltd. now owns 8,700 shares of the company's stock valued at $126,000 after acquiring an additional 6,200 shares in the last quarter.

by | May 06, 2018 | 22:18

Secret Service will not allow any weapons into the convention center during Pence's speech. NRA members are also to hear from Lynnette Hardaway and Rochelle Richardson, the pro-Trump black social media propagandists known as Diamond & Silk, who have accepted money from white nationalist Paul Nehlen, a neo-Nazi candidate running to replace Speaker Paul Ryan in the Wisconsin congressional election.

by | May 05, 2018 | 19:31

The world's most influential central bank gave little away in terms of guidance about future policy moves, but the market is now pricing in four increases by the Fed this year, instead of the three previously expected. Payroll gains in the US probably picked up in April, with the unemployment rate forecast to drop to 4 percent, according to surveys of economists before the data reports due Friday.

by | May 05, 2018 | 19:31

The president says to cheers, "we're all fighting battles but I love fighting these battles". Donald Trump has defended the use of guns in America by comparing a London hospital to a "war zone" because of knife crime. Leadership Forum on Friday, giving a speech that, at times, sounded more like a political rally than an address to supporters of the Second Amendment.

by | May 04, 2018 | 13:51

They weren't particularly amped about the deal when it was being initiated and now that it seems to be final, SoftBank plans on selling off its 25% stake in the company to earn almost $5 billion. Amazon and Flipkart are locked in an intense battle for leadership in the Indian market and have pumped in billions of dollars towards marketing and setting up infrastructure in the country.

by | May 03, 2018 | 15:59

The stock registered Monday volume of 777236 shares. Peapack Gladstone Financial Corp who had been investing in Yum! Franklin Resources Inc owns 1.49M shs or 0.06% of their USA capital. Edward Jones upgraded shares of Yum! Metropolitan Life Ins Ny owns 67,275 shares. Moreover, Buckhead Lc has 0.06% invested in YUM! About Yum China Holdings, Inc .

by | May 03, 2018 | 15:55

On April 12, both Mr. Nelson and Mr. Robinson were sitting at a Starbucks at Philadelphia's Heart City area. Robinson and Nelson were waiting for a business partner for a meeting in the restaurant, who came to the store as police led the men away.

by | May 02, 2018 | 01:38

French President Emmanuel Macron's prediction that the USA will pull out of the nuclear deal has boosted speculation over reduced shipments from Iran. A measure of oil market volatility climbed to the highest level in two weeks. "It's only Trump who wants to back out of the deal, but he wants to back out of so many deals ..." "Reimposing US sanctions is not a foregone conclusion just yet".

by | April 30, 2018 | 06:13

However, the entrance of two low-price players into the United Kingdom scene - Lidl and Aldi - ate into Asda's market share. The alliance will create a supermarket goliath with nearly £50bn of annual sales, leapfrogging Tesco as Britain's biggest grocery chain.

by | April 30, 2018 | 05:01

Witnesses said the men were calmly sitting in the cafe and in a widely viewed video , some patrons asked police whether they were targeted because they are black . Johnson said some of the coffee chain's locations have slightly different guidelines for how they handle certain situations. "My responsibility is to look not only to that individual but look more broadly at the circumstances that set that up just to ensure that never happens again", Johnson said in an interview on ...