BUSINESS NEWS CATEGORIES 

Trump terminates preferential trade status for India under GSP

President Donald Trump has terminated India’s designation as a beneficiary developing nation under the key GSP trade programme after determining that it has not assured the US that it will provide “equitable and reasonable access” to its markets.The Generalized System of Preference (GSP) is the largest and oldest US trade preference programme and is designed to promote economic development by allowing duty-free entry for thousands of products from designated beneficiary countries.”I have determined that India has not assured the US that it will provide equitable and reasonable access to its…

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ENTERTAINMENT NEWS CATEGORIES 

Vikas Bahl gets clean chit in sexual harassment case, to be credited as director of ‘Super 30’

Filmmaker Vikas Bahl has received a clean chit in the sexual harassment case following an internal inquiry by Reliance Entertainment, producer of his next film “Super 30”.The “Queen” director was accused of sexual harassment by a former employee at the now dissolved Phantom Films, which had Bahl as one of the partners alongside Anurag Kashyap, Vikramaditya Motwane and Madhu Mantena. Shibashish Sarkar, Group CEO, Reliance Entertainment said a report by Internal Complaints Committee (ICC) of the company has cleared Bahl of any charges.”Yes its true that ICC committee report has…

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NATIONAL NEWS NEWS CATEGORIES 

India’s security, welfare of people Modi govt’s priority: Shah

 Home Minister Amit Shah Saturday said country’s security and welfare of the people are the key priorities of the Modi government.Shah, who assumed the charge of the sensitive ministry on Saturday, also said he would try his best to implement all these priorities.”Country’s security and people’s welfare are the Modi government’s priorities. Under the leadership of Modi, I will try my best to fulfill all these priorities,” he tweeted after assuming the charge. Shah also thanked Prime Minister Narendra Modi for bestowing the responsibility of the sensitive ministry. “Today, I…

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LEGAL NEWS NEWS CATEGORIES 

Ready to take over probe into multi-crore bitcoin Ponzi scam, CBI tells SC

CBI told the Supreme Court Friday that it is ready to take over the investigation into the multi-crore bitcoin Ponzi scheme in which several investors were allegedly lured on the promise of handsome returns.CBI said this before a vacation bench comprising Justices M R Shah and A S Bopanna, hearing a plea filed by one of the arrested accused in the case seeking bail. The accused has also sought a CBI investigation in the case saying cases have been lodged against him in several states.Bitcoin or cryptocurrency is unregulated digital…

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NEWS CATEGORIES SPORTS 

New Zealand begin World Cup charge against Sri Lanka

New Zealand are happy to go under the radar as they prepare to launch their campaign for World Cup glory against Sri Lanka in Cardiff on Saturday.The Black Caps reached the final four years ago for the first time after six semi-final defeats, only to be soundly beaten by Australia in Melbourne.Kane Williamson has replaced the swashbuckling Brendon McCullum as captain but the core of the team that came so close in 2015 remains.Since the last World Cup, New Zealand have risen as high as second in the world rankings…

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BUSINESS NEWS CATEGORIES 

Sensex, Nifty end lower on global cues, macro concerns

Benchmark indices slipped from higher levels to settle lower on Thursday as investors looked beyond positive political developments and weighed concerns around global trade war and macro-economic indicators.In a highly volatile session, the benchmark BSE Sensex ended 118 points lower, dragged by losses mainly in auto and financial stocks.The NSE Nifty too edged 23 points down to settle below the 12,000-mark.However, on a weekly basis, the Sensex gained 279.4 points and the Nifty rose 78.70 points. Post announcement of key portfolios in newly elected government, focus to shift towards various…

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NATIONAL NEWS NEWS CATEGORIES 

Comparison with Modi unfair, says Odisha’s Pratap Sarangi

Overwhelmed with the love and respect he has been receiving, first time MP and minister Pratap Chandra Sarangi, who has been given the sobriquet ‘Odisha’s Modi’, says that the comparison with the prime minister is unfair. “I don’t know why people call me Odisha’s Modi . There are no comparisons at all. I am a common man while Modi is an unusual talent, Sarangi told PTI in an interview after being appointed Minister of State in the Ministry of Micro, Small and Medium Enterprises and in the Ministry of Animal…

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LEGAL NEWS NEWS CATEGORIES 

Ready to take over probe into multi-crore bitcoin Ponzi scam, CBI tells SC

CBI told the Supreme Court Friday that it is ready to take over the investigation into the multi-crore bitcoin Ponzi scheme in which several investors were allegedly lured on the promise of handsome returns.CBI said this before a vacation bench comprising Justices M R Shah and A S Bopanna, hearing a plea filed by one of the arrested accused in the case seeking bail.The accused has also sought a CBI investigation in the case saying cases have been lodged against him in several states.Bitcoin or cryptocurrency is unregulated digital money…

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NEWS CATEGORIES SPORTS 

BCCI suspends Rinku after letting off Pathan, Anuj with warning

The Indian cricket board handed a three-month suspension to Uttar Pradesh left-hander Rinku Singh for playing in an unsanctioned T20 league in Abu Dhabi, which has now led to his withdrawal from India A team.While Rinku’s suspension starts June 1, BCCI had let go veteran all-rounder Irfan Pathan with a warning for putting his name in Caribbean Premier League (CPL) draft without parent body’s prior permission before withdrawal. Similarly, no action was taken against former India U-19 captain Anuj Rawat for playing unsanctioned T20 league in Mauritius with Pakistani cricketers of…

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NEWS CATEGORIES WORLD NEWS 

Gas project critic Marape elected Papua New Guinea PM

Papua New Guinea lawmakers overwhelmingly elected James Marape as prime minister on Thursday — a former finance minister who resigned in protest against a massive ExxonMobil and Total gas project.Marape won the landslide backing of members of parliament after weeks of political manoeuvring that saw eight-year prime minister Peter O’Neill resign.”Honourable members, I now declare that the member for Tari Pori James Marape has been elected as prime minister-elect of the independent state of Papua New Guinea,” said parliament speaker Job Pomat, announcing Marape’s 101-8 victory.In a Facebook post early…

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