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Trump administration to Congress: Defence cooperation with India important for Indo-US ties

Trump administration to Congress: Defence cooperation with India important for Indo-US ties
WASHINGTON: The Trump administration has told US Congress that defence cooperation with India would be an important pillar in the bilateral relationship as it needs the country to be a net security provider in the Indo-Pacific region. The Trump regime has informed the Congress that it “strongly supports” transfers of F-18 and F-16 fighter proposals put forth by Boeing and Lockheed... 

Shri Ravindra Nath,CMD, NSIC congratulated Shri Giriraj Singh, Hon’ble Minister of State (Independent Charge) ,MSME

Shri Ravindra Nath,CMD, NSIC congratulated Shri Giriraj Singh, Hon’ble Minister of State (Independent Charge)  on assuming the Charge of the Ministry of MSME, Government of India on 04/09/17.Also present on the occasion was Shri S.N.Tripathi,AS&DC(MSME) ,Shri C. P Radhakrishnan , Chairman, Coir Board and Senior officials of Ministry of MSME      Read More →

Pahlaj Nihalani: ‘Julie 2′ is a clean adult, family movie

Pahlaj Nihalani, who grabbed many a headline for trimming films during his tenure as CBFC chief, has turned distributor for an upcoming erotic-thriller, ‘Julie 2′, which he described as a “very clean, adult movie”. Full page posters of the film, showing a woman on a sandy beach with a hat covering her face and an open magazine placed strategically across her body, were placed... 

Azerbaijan ‘operated secret $3bn secret slush fund’

Azerbaijan’s ruling elite operated a secret $2.8bn (£2.2bn) slush fund for two years to pay off European politicians and make luxury purchases, an investigation shows. The money was allegedly channelled through four UK-based opaque companies. People said to have been paid include European politicians who adopted a favourable attitude to the government. There is no suggestion that all the recipients... 

Why is India threatening to deport its Rohingya population?

India’s announcement that it plans to deport its Rohingya population is an attempt to curry favour with Buddhist-majority Myanmar ahead of an official visit by Prime Minister Narendra Modi, writes Subir Bhaumik in Yangon. Three days before Rohingya militants attacked police posts in Myanmar’s Rakhine state, killing 12 members of the security forces and triggering an apparent military crackdown... 

China bans initial coin offerings calling them ‘illegal fundraising’

Chinese regulators have launched a crackdown on individuals and firms raising funds by offering their own digital currencies. The People’s Bank of China has declared initial coin offerings (ICOs) illegal and wants them to “cease immediately”. A growing number of tech companies are opting to sell digital “tokens” because they are quick, easy and unregulated. The ban saw... 

H K Sethi said: “The JAI & JFI condemns the attacks on journalists & media government immediately compensate the journalists and the media houses

JOURNALISTS FEDERATION OF INDIA (JFI) joins hand with JOURNALIST ASSOCIATION OF INDIA  in strongly condemning the attacks on electronic & print journalists & their property in Panchkulla, India following a court verdict. The JFI demands urgent action from the State as well as Central Govt. of India to ensure security for journalists to carry out their duties & punishment to those attacking... 

McDonald’s says won’t settle out of court with Vikram Bakshi over franchise issue McDonald tells NCLAT that it does not want an out-of-court settlement with estranged franchise partner Connaught Plaza Restaurants Harveen Ahluwalia

New Delhi: McDonald’s India Pvt. Ltd (MIPL), the Indian subsidiary of the American fast food chain, has told the National Company Law Appellate Tribunal (NCLAT) that it does not want an out-of-court settlement with estranged franchise partner Vikram Bakshi. MIPL’s stand was taken on record by NCLAT, which had on 25 August asked both parties to try and settle the disputes that had led to the estrangement... 

Narendra Modi’s cash ban a ‘total failure’ as 99% of banned currency notes back Narendra Modi government had estimated about Rs5 trillion wouldn’t be declared after demonetisation, indicating that this was cash stashed away illegally to avoid tax

Anirban Nag Archana Chaudhary Mumbai/New Delhi: Indians have deposited nearly all the currency bills voided by Prime Minister Narendra Modi, denting the central bank’s profit and dealing a blow to his drive to unearth unaccounted wealth. Banks have received Rs15.28 trillion ($239 billion), or 99% of the currency invalidated, the Reserve Bank of India said in its annual report on Wednesday. The... 

Isro to launch navigation satellite IRNSS-1H today Isro says the countdown for the launch of navigation satellite IRNSS-1H, which is meant to augment the existing seven satellites of the NavIC constellation, is progressing well

PTI Chennai: The countdown for the launch of navigation satellite IRNSS-1H from Sriharikota later on Thursday, to augment the existing seven satellites of the NavIC constellation, is progressing well, Indian Space Research Organisation (Isro) officials said. The 29-hour countdown began on Wednesday at 2pm and scientists are currently involved in filling up the propellants, the officials said, adding... 

Arun Jaitley asks debtors to pay dues or allow others to take control of business Arun Jaitley puts corporate defaulters on notice saying they will have to pay their dues to the banks or allow others to step in and take control of their businesses PTI

PTI New Delhi: Finance minister Arun Jaitley on Thursday put private sector debtors on notice saying they will have to pay their dues to banks or allow somebody else to step in and take control of the business. Using the new bankruptcy law, the central bank has prodded banks to initiate insolvency proceedings against 12 large corporate defaulter to resolve Rs 2 lakh crore or almost a fourth of the... 

How demonetisation was unprofitable for RBI While demonetisation was one of the key reasons for lower profits for the RBI, the government bore the brunt in the form of lower dividend from the central bank

A Staff Writer While the jury is out on the costs and benefits of demonetisation, for the Reserve Bank of India (RBI) at least, the note ban was one of the key reasons for lower profits. To that limited extent, the government also had to bear the brunt in the form of the lower dividend it received from the central bank. RBI paid only Rs30,663 crore as dividend compared to Rs65,880 crore a year ago. Here’s... 
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