Latest News

Trump says India has offered US a trade deal with no tariffs

May 15 (Reuters) – U.S. President Donald Trump said on Thursday that India had offered a trade deal that proposed “no tariffs” for American goods, while expressing his dissatisfaction with Apple’s plans to invest in India. New Delhi is seeking to clinch a trade deal with the U.S. within the 90-day pause announced by Trump on April 9 on tariff hikes for major trading partners. “It is very hard to sell in India, and they are offering us a deal where basically they are willing to literally charge us no tariffs,” Trump said in a meeting with executives in the

Remarks targeting Col Qureshi: Supreme Court questions MP minister, will hear his plea on Friday

New Delhi, May 15 (PTI) Every word uttered by a minister has to be with a sense of responsibility at a time the country is undergoing “such a situation”, the Supreme Court said on Thursday as it reprimanded Madhya Pradesh’s Vijay Shah who is facing an FIR for his remarks targeting Col Sofiya Qureshi. “What sort of statements are you making? You are a responsible minister of the government,” Chief Justice of India B R Gavai told Shah. The bench, also comprising Justice Augustine George Masih, will on Friday hear Shah’s plea challenging the Madhya Pradesh High Court’s May 14

Markets decline in early trade mirroring weak Asian equities

Mumbai, May 15 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Thursday dragged down by blue-chip bank stocks and weak trends in Asian markets. The 30-share BSE benchmark gauge Sensex declined 106.78 points to 81,223.78 in early trade. The NSE Nifty dipped 38.45 points to 24,628.45. Later, the BSE benchmark traded 247.22 points lower at 81,082.80, and the Nifty quoted 67.15 points down at 24,599.75. From the Sensex firms, Power Grid, IndusInd Bank, Axis Bank, Sun Pharma, Infosys, Mahindra & Mahindra, Kotak Mahindra Bank and HDFC Bank were the major laggards. Tata Motors, Adani Ports, Tata Steel,

Rupee falls 32 paise to 85.64 against US dollar in early trade

Mumbai, May 15 (PTI) The rupee depreciated 32 paise to 85.64 against the US dollar in early trade on Thursday, tracking a negative trend in domestic equities. Forex traders said investors are awaiting cues from US FED Chair Jerome Powell’s speech on Thursday. His comments will be closely watched on how the Central Bank plans to proceed with Monetary Policy easing, they said. Meanwhile, the American dollar weakness and easing crude oil prices offered some support to the local unit and restricted the downfall. At the interbank foreign exchange, the domestic unit opened at 85.53 and fell to 85.64 against

1 … 811 812 813 814 815 … 1,505