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Higher crude, interest rate may cap GDP at 7.5%: Nomura

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Mumbai, Jun 15 (DIN NEWS) Growth in the current fiscal year will be faster in the first half and will likely face pressure in the second half to end the year at 7.5 per cent, a Japanese brokerage said today. The rate hike by RBI and the the oil prices raise concerns over the sustainability of what was termed as a “cyclical, broad-based recovery”, Nomura’s chief India economist Sonal Varma said. “We feel growth will be front-ended in FY19. The first quarter can see growth of 7.5-8 per cent, but it…

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BUSINESS NEWS CATEGORIES 

Sensex ends in green on IT push

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Mumbai, Jun 15 (DIN NEWS) The BSE Sensex ended with modest gains today, propelled by a late burst of buying in technology and pharma stocks. Index heavyweight TCS spurted 2.75 per cent after the company’s board approved a Rs 16,000-crore share buyback plan. The 30-share Sensex, which had lost 139.34 points in the previous session, resumed higher at 35,656.26 and advanced to 35,675.20 in early trade. But selling pressure emerged in sync with a mixed trend at other Asian markets and sustained foreign fund outflows, which dragged the gauge to a…

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NEWS CATEGORIES SPORTS 

Nervy Argentina seek Messi magic against Iceland

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Moscow, Jun 15 (DIN NEWS) Lionel Messi’s Argentina aim to put a shambolic World Cup build-up behind them and make a statement in their opening match against tournament debutants Iceland today.The two-time champions arrived in Russia dogged by poor form, injuries and controversy. But Messi is a man on a mission as he chases his first World Cup winner’s medal and will not tolerate complacency against the minnows at Moscow’s Spartak stadium. “Iceland showed they could compete with anyone at the last Euros,” he said, referring to their giant-killing run at…

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NEWS CATEGORIES SPORTS 

Sharmila Tied 2nd after first round despite injury in Prague

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Prague, Jun 15 (DIN NEWS) Sharmila Nicollet overcame a troublesome ankle to card four-under 68 in the first round of the AXA Czech Ladies Challenge on the LET Access Series, the second rung of the Ladies European Tour. Sharmila, who is dividing her time between China LPGA and Ladies European Tour, has also been playing on the LET Series whenever possible. She had six birdies against two bogeys and was Tied-second with Swaziland’s Nobuhle Dlamini and France’s Emilie Piquot.  The Indian is just one shot behind the leader, young amateur Tereza…

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ENTERTAINMENT NEWS CATEGORIES 

Gisele Bundchen apologises for comments about younger s“

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Los Angeles, Jun 15 (DIN NEWS) Supermodel Gisele Bundchen has apologised for her comments about younger models facing the pressure of self-promoting themselves on social media. Bundchen said she was “sorry” for the remarks that she made for Vogue’s July issue. “I’m sorry that my words in my most recent Vogue article were misunderstood. My intention was simply to express that I come from an older generation and am not technologically savvy. “I admire the younger generation and their skill to manage all the added demand of social media. I certainly…

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ENTERTAINMENT NEWS CATEGORIES 

I learned that I’m much stronger: Brie Larson on playing Captain Marvel

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Los Angeles, Jun 15 (DIN NEWS) Actor Brie Larson says playing Captain Marvel made her aware about her own strength. “Captain Marvel”, which is set to release on March 8, 2019, is a first Marvel Studios project to be fronted by a female superhero.  “I will say that I learned that I’m much stronger than I realise in playing her,” she told Variety on the carpet of the Crystal + Lucy Awards. The 28-year-old actor said playing the iconic superhero was was a surreal moment of her career.  “A lot of…

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NEWS CATEGORIES WORLD NEWS 

Filipino Muslims mark Eid amid ruins of war-torn Marawi

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Marawi, Jun 15 (DIN NEWS) Muslim residents of a southern Philippine city devastated by last year’s bloody militant siege are celebrating the Islamic holiday of Eid al-Fitr in gunfire-riddled mosques while many whose homes were leveled by the fighting prayed in tent shelters. A few thousand people walked past burned homes Friday to the city landmark, the pockmarked Golden Mosque, to celebrate the holiday marking the end of the holy fasting month of Ramadan. In an evacuation center elsewhere in the lakeside city, homeless residents prayed in the open for an…

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Trump approves tariffs on USD 50 billion worth of Chinese goods, Beijing vows to retaliate

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Washington/Beijing, Jun 15 (DIN NEWS) US President Donald Trump has approved levying of new tariffs worth USD 50 billion on Chinese exports and China today vowed to quickly retaliate, raising the possibility of a trade war between the world’s two largest economies and trading partners.The US says its tariffs on Chinese goods are in response to what it categorises as theft of intellectual property.A formal announcement is expected to be made by the US Trade Representative later today. Trump’s approval to impose tariffs on Chinese exports followed a 90-minute meeting he…

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NATIONAL NEWS NEWS CATEGORIES 

IPS officer’s daughter booked for ‘assaulting’ police driver

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Thiruvananthapuram, Jun 15 (DIN NEWS) The daughter of a senior IPS officer of Kerala cadre has been booked under non-bailable charges for allegedly manhandling his official driver following a quarrel. Based on her counter complaint, a case was also registered against Assistant Director General of Police (ADGP) Sudesh Kumar’s driver, Gavaskar who is now undergoing treatment at the district hospital for the injury he suffered in the alleged attack yesterday, police said. The incident kicked up a row as more police personnel, deployed as camp followers for the personal service of…

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NATIONAL NEWS NEWS CATEGORIES 

Maharashtra CM seeks World Bank assistance for state projects

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Mumbai, Jun 15 (DIN NEWS) Maharashtra Chief Minister Devendra Fadnavis has sought assistance from the World Bank for a Multimodal Transport Corridor as well as a Rural Livelihood Project which aims to provide sustainable livelihood enhancements in 10,000 villages in the state. Fadnavis, who is on a three-nation tour, met World Bank CEO Kristalina Georgieva in Washington DC, United States of America, yesterday. During the meeting with the World Bank CEO, Fadnavis sought assistance for the Mumbai Metropolitan Region Multimodal Transport Corridor and the Rural Livelihood Project, a statement from the…

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