Finance

Congress slams Jaitley after Mallya says he met him

I met the finance minister before I left, repeated my offer to settle the issue with the banks. "That is the truth", he responded, without naming the minister. ...


USA incomes rose but inequality widened in 2017

Census Bureau data released Wednesday. A help wanted sign is posted at a taco stand in Solana Beach, California, U.S., July 17, 2017. The nation's median i...


Putin Proposes Peace Treaty With Japan Before Year's End

The Russian president had earlier offered to sign the agreement by the end of the year and " without any preconditions ". "Let us walk together mindful of the...


Trump Offers Tax Break to Apple to Build in US

He then asked it to "start building new plants now". Together with the US's previous tariffs on $50 billion of Chinese exports, this would mean almost half of...


Bank of England’s Mark Carney extends term to early 2020

Nigel was responding to the news that the Governor of the Bank of England , Mark Carney, will remain in his post longer than expected to "support continuity" i...


US incomes rose but inequality widened in 2017

A help wanted sign is posted at a taco stand in Solana Beach, California, U.S., July 17, 2017. The nation's median income - the midpoint where half makes more...


Jamie Dimon Says He Could Beat Trump, Immediately Backtracks

I'm not running for President. Dimon said his original remark "proves I wouldn't make a good politician". I am part of the elite, ' Dimon said. "If you talk t...


Everything to know about Apple's big reveal on Wednesday

We're expecting more of an iterative update than a revolutionary design change. AppleCare, a payment plan to cover iPhone repairs, was listed as being offered...


Apple says tariffs on Chinese goods will raise prices for US consumers

On Sunday, President Trump welcomed the news as a positive sign. The US and China are fighting over tariffs , but it looks iPhone customers will pay the pr...


Apple has accidentally revealed the Apple Watch 4 sizes

Last year, Apple put the iPhone X on sale in early November, nearly two months after it was unveiled. I am on the fence about the new iPhones , simply be...


Oil prices climb as Iran sanctions loom

Later today at 1430 GMT, the U.S. Energy Information Administration is expected to report a 1.3 million barrel draw down for the week-ending September 7. Mome...


Savage, soaking Hurricane Florence nears Carolina coast

The governors of North Carolina and Virginia have announced mandatory evacuations of hundreds of thousands more in their states. "Unlike Puerto Rico they ...


Xi, Putin think big on lifting Russia’s ‘far east’

President Putin also stressed the importance of bilateral economic and trade cooperation between Moscow and Seoul, citing the 27 percent increase in trade volum...


Fuel price touches fresh high; Petrol near Rs. 90 in Mumbai

The increase pushed the petrol price in Delhi to Rs 80.50 per litre. On Monday, while the rupee hit an all-time low of 72.67 against the dollar before c...


Trump and Apple now at war

Trump was trying to twist and turn current events to make it appear as though his tariffs are working in some way. The tariffs, ranging from 5 percent to 25 p...


Rajan traces NPA mess to banks’ excesses in 2006-08

Manmohan Singh. He wasn't aware of the extent of progress on his list , he added. Conceding that the RBI "should probably have raised more flags about the qu...


Mandatory evacuations issued for Outer Banks ahead of Florence

Interested in Hurricane Florence? "Rapid strengthening is forecast, and Florence is forecast to become a major hurricane this morning, and is expected to re...


White House adviser admits Trump got his facts wrong in economy tweet

A former Obama spokesperson says the former president should be taking credit for the economy - not President TrumpDonald John TrumpTrump officials to announc...


Top White House economist fact-checks Trump on GDP claim

Hassett told skeptical reporters that the GDP has been higher than unemployment for 10 years and speculated that someone may have given Trump that information w...


Judge strikes down bill to reduce Toronto council size

The Progressive Conservative Government passed the Better Local Government Act late last month in what Premier Doug Ford described as a bid to save time and mon...


Read Alibaba chairman Jack Ma's letter to employees and customers

Ma has become synonymous with the company he helped found in his apartment almost 20 years ago and has used the chairman's post to develop managerial talent s...


Apple says tariffs on Chinese goods will raise prices for United States consumers

The Trump administration began imposing higher taxes on goods imported from China this summer. Bank of America Merrill Lynch, meanwhile, isn't as dismissive o...


Canada's Freeland to Hold NAFTA Talks Tuesday as Time Runs Short

The office of Foreign Affairs Minister Chrystia Freeland confirmed that she would be meeting with U.S. Trade Representative Robert Lighthizer Tuesday, after t...


Even Fox News Shoots Down Donald Trump's Economy Boast

Several economists and journalists were quick to make that point on Twitter. "I complained plenty about Fox News , but you never heard me threaten to shut them...


Canada man emails 247 women called Nicole to find girl he met

Many of the Nicoles (and variations Zetina looped in, including Nicolettes and Nikkis) who received the email Friday were so taken aback by Zetina's gesture tha...


Why Apple Products Are at Risk to Skyrocket in Price

The following are comments made by US companies since Trump's announcement of tariffs on $200 billion of Chinese imports. On Saturday, Trump tweeted that A...


SEC halts trading in two cryptocurrency products, citing market confusion

Two securities, one that tracks bitcoin and another that tracks the cryptocurrency ether, have been temporarily halted by a USA regulatory watchdog due to i...


Rupee sinks to new record low of Rs 72.49 against United States dollar

However, the official said that the decline of rupee is not secular as the Indian currency has strengthened against British Pound, Euro, Chinese Yuan and Japane...


White House Corrects Trump’s Tweet on GDP, Unemployment

Official data show this has happened frequently in the post-World War II era, according to AFP fact-checking, and the White House acknowledged Monday the tweet ...


NY state approves two dollar-based cryptocurrencies

The Gemini dollar is the world's first regulated (by the New York State Department of Financial Services ) stablecoin (combining "the creditworthiness and pric...


Modi Government Has Crossed All Limits, Says Manmohan Singh At Bandh

Among the 29 Indian states and the union territory of Delhi , Kerala has the ninth highest sales tax and other state levies on petrol at 30.37 per cent; it is ...


China vows to respond if US takes new steps on trade

The post caused a share price drop in many of Apple's Asian suppliers. Trump's threatened tariffs cover a total of $517 billion in Chinese goods, which ...


China promises to retaliate if United States imposes more tariffs

President Donald Trump on Sunday suggested via Twitter that American automaker Ford could begin making its Focus model in the USA, and therefore circumven...


Apple could be tax free if it makes products in the US

Start building new plants now. It makes many of its products for the U.S. market in China, and it also sells gadgets including the iPhone in China, making t...


Petrol, diesel prices hiked further; check out fuel rates today

There has been a steep hike in diesel and petrol prices in the last seven days and ever spiralling prices is utterly disappointing, the All India Motor Transp...


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