India calls to lower global trade tensions

New Delhi, June 10 (IANS): Union Minister Piyush Goyal has called for de-escalating trade tensions and reviving confidence in the rules-based multilateral trading system. “The slowdown in global trade and investment is of serious concern to all of us as it adversely affects economic growth, development and job creation. The ongoing trade tensions are affecting confidence […]

North East Foodtech from June 13 to 16

North East Foodtech from June 13 to 16

(L-R) Zakir Hossain, Chief Convener of North East Food Tech 2019, Deepak Jalan and Biswa Pradip Kalita addressing media at Guwahati Press Club on June 10. Guwahati, June 10 (MExN): After a massive success in 2017, the second edition of North East Foodtech-2019 is coming up again in Guwahati in a much bigger manner. This […]

Apple dials accessibility as Indian developers empower all

San Jose, June 10 (IANS): Helping people with disabilities enjoy the technology the way most of us do is a new challenge for the tech companies and Apple has stepped up efforts to make its devices accessible to more than one billion people living with some kind of disability. For the visually-challenged, the company last […]

Newspapers shut but Google made $4.7bn from news in 2018

Washington, June 10 (IANS): As small and medium newspapers shut shop and big media houses handed over pink slips to journalists worldwide, Google alone made a whopping $4.7 billion from its Search and Google News in 2018 — nearly as much as the entire US news industry made as a whole last year. According to […]

RBI’s revised NPA circular credit positive: Moody’s

Mumbai, June 10 (IANS): Moody’s Investors Service has termed the RBI’s revised framework for the resolution of stressed assets a credit positive move while suggesting the country’s insolvency code mechanism to speed up resolution process. It has also given thumbs up to the RBI’s move to extend the circular to NBFC firms on provisioning for […]

Saving Renault, Nissan ties priority: French Minister

Fukuoka (Japan), June 9 (IANS): The auto industry needs further consolidation, but Renault SA and Nissan Motor Co should strengthen their alliance before being involved in any new merger moves, the French Finance Minister Bruno Le Maire said here on Sunday, according to a report from Dow Jones Newswires supplied to Efe news. In a tumultuous […]

Mnuchin says Trump could ease up on Huawei if trade talks advance

Mnuchin says Trump could ease up on Huawei if trade talks advance

A Huawei logo is seen outside the fence at its headquarters in Shenzhen, Guangdong province, China on May 29, 2019. (REUTER File Photo) Bengaluru, June 9 (Reuters): U.S. Treasury Secretary Steven Mnuchin said on Sunday that President Donald Trump might ease U.S. restrictions on Huawei if there was progress in the trade row with China […]

CBI unravels wrongdoing over licensing in atomic minerals mining

New Delhi, June 9 (IANS): The Central Bureau of Investigation (CBI) has uncovered large-scale irregularities in the ownership pattern, financial resources and technical ability of five companies granted mining licences for offshore blocks bearing rare and atomic minerals. The companies, while applying for mining licence in June 2010, had a common director, the Central government has […]

Govt to move full steam ahead on labour reforms with new Bill

New Delhi, June 9 (IANS): In what could be a significant improvement over existing wage rules, the government is likely to extend the applicability of the Minimum Wages Act to all forms of employment and workers in both the organised and the unorganised sectors. The legislation is currently limited to employees in scheduled employment. This is […]

It’s now Jet versus Jet as endgame nears

New Delhi, June 8 (IANS): Even as the lenders and the employees hope against hope and expect a white knight to rescue the grounded Jet Airways, the airline’s promoter Naresh Goyal, now deboarded from the pilot seat, knew weeks back that it was time to abandon the sinking ship. Goyal’s travel firm Jet Air in mid-May […]

Adding to flyers’ burden, government ups security fee

New Delhi, June 8 (IANS): Reeling already under high air fares after Jet Airways suspended operations, flyers would have to shell out Rs 20-112 more come July 1, with government raising passenger security fee (PSF) for both domestic and international travel. As per the Civil Aviation Ministry order, domestic passengers would have to pay Rs 150 […]