DIGITAL INDIA NEWS | DIN NEWS

Sensex ends above 36k, Nifty breaches 11k-mark on IMF boost

January 24, 2018 strong

Benchmark Sensex zoomed 342 points today to close above the 36,000-mark for the first time, while the broader Nifty too breached the historic 11,000-level after IMF projected India’s growth getting back on track. Investor sentiment got a boost after the IMF said India will see its growth picking up to 7.4 per cent in 2018-19 to regain the status of the world’s fastest growing major economy. In its latest World Economic Outlook (WEO) update released yesterday in Davos on the sidelines of the World Economic Forum annual meet, the International…

BUSINESS NEWS CATEGORIES

West must share benefits of growth with emerging world: Rajan

January 24, 2018January 24, 2018 strong0 comment

Former RBI Governor Raghuram Rajan on Tuesday said the Western world must realise they cannot go a long way without the help of the emerging economies and warned that no one would be able to resolve any problem of a ‘fractured world’ if things are not set right soon. Without naming any country, he said the West must realise that their population is ageing and the demand for their products would mostly come from the emerging world. Speaking in Davos at a session of the World Economic Forum (WEF) Annual…

NEWS CATEGORIES WORLD NEWS

EU takes Panama, seven others off tax haven list

January 24, 2018January 24, 2018 strong

The EU removed eight countries including Panama from its new tax haven blacklist today after they pledged to address its concerns, in a move swiftly condemned by activists. The United Arab Emirates, Tunisia, Mongolia, Macau, Grenada and Barbados were also lifted from the list by finance ministers, in a move that comes just weeks after the bloc unveiled its original list of 17 non-EU nations. The decision drew criticism from campaigners including Oxfam who say the EU’s commitment to tackle tax avoidance after the “Panama Papers” leak last year has…

NEWS CATEGORIES WORLD NEWS

Trump imposes tariff on imported solar cells, washing machines

January 24, 2018January 24, 2018 strong0 comment

President Donald Trump has slapped high tariffs on import of solar cells and washing machines to protect the American market badly hit by products from countries like China and South Korea. The move is in line with President Trump’s “America First” trade policy. The US Trade Representative (USTR) made the recommendations to the President based on consultations with the inter agency Trade Policy Committee (TPC) in response to findings by the independent, bipartisan US International Trade Commission (ITC) that increased imports of washers and solar cells and modules are a…

NATIONAL NEWS NEWS CATEGORIES

To create jobs is the need of the hour: Vice President

January 24, 2018 strong

Vice President M Venkaiah Naidu today said the expanding middle class will be the key driver of India’s economic growth, and the need of the hour is to take full advantage of our demography by creating jobs. He also said that while India must improve its tax-to-GDP ratio and curb tax evasion, there should be no needless harassment of tax-payers. “The expanding middle class will be the key driver of India’s economic growth in the coming years. With the large population of India, about 65 per cent under 35 years,…

NATIONAL NEWS NEWS CATEGORIES

Climate change, terrorism grave concerns: PM Modi at WEF

January 24, 2018 strong

Narendra Modi became the first Indian prime minister to address the World Economic Forum (WEF) here today during which he talked about “serious” challenges and “grave concerns” facing the world, including terrorism. Climate change and terrorism are grave concerns before the world, Modi said, while asserting that terrorism is dangerous but what is equally dangerous is the “artificial distinction” made between ‘good terrorist’ and ‘bad terrorist’. He also said India’s position on the menace of terrorism is well known and he would not like to elaborate on that. The prime…

NEWS CATEGORIES SPORTS

Tendulkar gives pep talk to women’s team ahead of SA series

January 23, 2018 strong

Cricket icon Sachin Tendulkar today gave a pep talk to members of the Indian women’s cricket team, who will travel to South Africa for a gruelling ODI and T20 series. It is learnt that Tendulkar spoke to the members of the team captained by Mithali Raj, for over an hour, at the Mumbai Cricket Association’s Bandra Kurla complex here. The Indian’s women team will tour South Africa for a three-match ODI series, which starts at Kimberly on February 5, followed by a five-match T20 series, which begins on February 13…

ENTERTAINMENT NEWS CATEGORIES

Salman’s Bajrangi Bhaijaan to release on 8000 screens in China

January 23, 2018January 23, 2018 strong

Superstar Salman Khan’s blockbuster film “Bajrangi Bhaijaan” is set to have a release on 8,000 plus cinema screens in China, producer Eros International has confirmed. The film will release on March 2 during the Chinese Lantern Festival. The movie is the first Salman-starrer, which will release in the country. “China has emerged as an important market and major box office earner for Indian films in recent years, what with the recent success of ‘Dangal’ and we are delighted to partner with E Stars to showcase our film to China. “Our…

ENTERTAINMENT NEWS CATEGORIES

SRK honoured to receive Crystal Award along with Elton, Cate

January 23, 2018 strong

Superstar Shah Rukh Khan has said he feels honoured to receive the 24th Crystal Award along side Elton John and Cate Blanchett. The Annual Crystal Awards ceremony, which opens the World Economic Forum summit in the Swiss ski resort, celebrates the achievements of outstanding artists who have shown exemplary commitment to improving the state of the world. “Honoured to receive the World Economic Forum’s 24th Crystal Award, together with Elton John and Cate Blanchett. My fan moment,” Shah Rukh tweeted after receiving the honour. SRK received the award for “his…

LEGAL NEWS NEWS CATEGORIES

Take interim steps for appointments in tribunals: SC to Govt

January 23, 2018 strong

The Supreme Court today asked the Centre and other stakeholders to sit together and formulate an “interim arrangement” to deal with appointments to be made in various tribunals in the country. The top court, hearing a clutch of petitions challenging the constitutional validity of the Finance Act 2017 and the rules under it to regulate issue like appointment and tenure of members of tribunals, said that though it would deal with this aspect later, the issue of vacancies have to be addressed on an urgent basis as tribunals have to…