A former secretary of the ruling Communist Party of China was on Monday sentenced to 5 years in prison for dereliction of duty in one of the largest election frauds in the country, involving a bribery of more than USD 18 million.
Biden's authorisation of 5,000 troops in his statement on Saturday included 1,000 who are already on the ground in Afghanistan, according to a defence official. A battalion of 1,000 troops from the 82nd Airborne Division were redirected to Kabul, instead of their original standby position in Kuwait.
Citing the impact of the second wave of the pandemic over the economy and consumer sentiment, Swiss brokerage Credit Suisse has lowered its nominal GDP growth forecast by 150-300 bps to 13-14 per cent, but expects a stronger recovery in the second half as it sees the lockdowns having limited impact on tax collections. Last month, Neelkanth Mishra, the co-head of equity strategy for Credit Suisse Asia Pacific, and India equity strategist, had told PTI that he expected the real GDP to fall to 8.5-9 per cent in FY22 due to the more severe pandemic attack. The virus case load has crossed the 25-million mark, death toll from the same is nearing 2.9 lakh mark, which is one of the highest in the world as the test positivity rate has been around 15 per cent for long.
Rohan Bopanna and Pablo Cuevas shocked top seeds Marcelo Melo and Lukas Kubot to storm into the semi-finals of the Erste Bank Open
Indian Davis Cupper Somdev Devvarman slumped to his second successive defeat against Mardy Fish and crashed out of the singles event of the Hall of Fame Tennis Championships in Newport.
Beijing's political risks are also escalating because of a renewed wave of public anger in many parts of Balochistan against human rights abuses by Pakistani troops deployed to crush the low-intensity insurgency in the province, the report said.
The finance ministry on Tuesday cited "green shoots" of recovery in agriculture, manufacturing and services sectors, and said the prompt policy measures taken by the government and RBI have helped reinvigorate the economy with minimal damage. Stating that the agricultural sector remains the foundation of the Indian economy, the ministry said that a normal monsoon, as has been forecast, should support the rebooting of economy.
Booz Allen Hamilton, the employer of Edward J Snowden's who claims to be the source behind leaks about NSA's internet spy work, has become one of the largest and most profitable corporations in the country almost exclusively by serving a single client -- the US government.
"He is expected to be produced before the court for a second bail application hearing on March 29," a court official in London confirmed on Tuesday.
By Thursday, 830 confirmed cases of pneumonia, caused by the novel coronavirus (2019-nCoV), had been reported in 29 provincial-level regions in the country.
Jason Unsworth is the founder and CEO of Atmosphere Intercontinental Airlines, which would establish a new premium airline group in four different countries.
Indian second seed Isha Lakhani was given a scare by Australian rival Renee Binnie before winning their second round clash to enter the quarter-finals of the USD 10,000 ITF Women's Futures Tennis Tournament in Mumbai on Wednesday.
Sania Mirza and her partner Chia-Jung Chuang advanced to the semifinals of the USD 4,500,000 Madrid Open after Russian-Belarussian duo of Victoria Azarenka and Elena Vesnina conceded their quarterfinal match in Madrid.
The government hiked import duty on gold to 10 per cent and the RBI also imposed curbs on its imports by linking it with exports.
Jeev Milkha Singh remains the best placed Indian at 36th while compatriot Jyoti Randhawa, thanks to his Thailand Open triumph, rose three notches to 117 in the latest Official World Golf Rankings issued on Monday.
'To be an immigrant, a South Asian immigrant of colour, a woman to be included in the Portrait Gallery... it really says that we are the country where people look for the people who make a positive impact and celebrate them,' Nooyi, 64, told reporters during the portrait gallery induction ceremony on Sunday.
Mahender Sabhnani, 51, was sentenced by a federal court on Friday, a day after his wife, Varsha, 46, was jailed for 11 years and fined USD 25,000 for torturing the housemaids in a well-reported case, which brought out the hidden danger that aliens not conversant with English face.
On a net basis, foreign portfolio investors bought Rs 446 crore worth of domestic stocks on Thursday and domestic institutional investors (DIIs) were net buyers to the tune of Rs 49.68 crore, provisional data available with BSE suggested.
Nearly 700 of the 1,500 employees, who still claim to be on the payroll of the defunct airline, are women.
Nifty continued to register successive new highs as it crossed the 9,200 mark on Friday
'Rate cut should reiterate RBI's commitment in providing confidence to consumers and small business.'
The World Bank has approved a $1.5 billion loan for the ambitious clean India campaign.
Such a move, Obama argued would attract larger foreign direct investment to the US.
Recent polls indicate that Trump is trailing behind Democratic presidential nominee Hillary Clinton among non-White communities, in particularly among African-Americans, Asian-Americans and Latinos.
Converting what was supposed to be an interim budget or a vote on account into an almost full-fledged budget announcement in the Lok Sabha, Finance Minister Piyush Goyal proposed an array of incentives for both middle-class and farmers, whose disenchantment was said to have cost the BJP dearly in recent assembly elections.
Half the 4,500 companies that took part in the United Nations oil-for-food programme in Iraq allegedly paid kickbacks or illegal surcharges and are being given a chance to respond to the charges, two top investigators said.
Indian athletes bagged two gold, two silver and three bronze medals in the Asian Grand Prix in Sidoarja, Indonesia on Saturday.
Gold prices recovered by Rs 50 to Rs 26,800 per 10 grams at the bullion market on Friday.
Jyoti Randhawa failed to make any upward movement in the final round of the American Express Golf Championship.
Sensex heavyweight Reliance Industries fell 2.76 per cent. In percentage terms, major laggards were Yes Bank, Indusind Bank, RIL, ICICI Bank, HDFC and Axis Bank -- plunging as much as 6.62 per cent.
Investors expect more investment-friendly policies opening up more sectors for foreign direct investment
Total, which had a few weeks back exited Royal Dutch Shell-led Hazira LNG import terminal in Gujarat, will join Adani in developing a 5 million tonnes a year import facility at Dhamra in Odisha. The two will also set up a joint venture to roll out a fuel retail network of 1,500 outlets, mostly on highways, in the next 10 years, Adani and Total said in a joint statement.
Donald Trump is one of the "most racist presidents" in modern history, Democratic presidential candidate Joe Biden said, as he tore into the current United States president during the final presidential debate and accused him of pouring "fuel on every racist fire".
Through a series of tweets and pictures, Trump showed he was working hard while the opposition Democratic lawmakers were in their homes celebrating Christmas.
The ED said that Chidambaram has remained evasive and therefore grant of pre-arrest bail at this stage would be highly detrimental to the investigation.
If the deal goes through, Snapdeal founders will get $60 million (cumulative), of which half will be given to employees.
Chidambaram's son Karti has been questioned twice by the ED in this case.
The broader NSE Nifty too reclaimed the key 11,500-mark. It touched a high of 11,562.25, before finally settling at 11,536.90, showing a gain of 59.95 points, or 0.52 per cent.
Traders said the sentiment remained bearish on stockists selling and weakening global trend as Federal Reserve signalled a rise in interest rates while further reducing monetary stimulus, boosting the dollar and curbing demand for the metal.
