US President Donald Trump on Thursday slammed the EU for fining Google $5 billion for harming its competitors, tweeting that the incident proved that the bloc has "taken advantage of the US, but not for long!"
The Fugitive Economic Offenders Bill aimed at preventing culprits from evading the legal process and fleeing the country was today passed by the Lok Sabha, as the opposition questioned the goverment's sincerity in taking any action against them. The House later passed the legislation by a voice vote as Finance Minister Piyush Goyal said the government had brought an ordinance before introducing the bill in Parliament which reflected its "aggressiveness" in acting against black money and such offenders. Goyal also asked why the UPA government had not brought a legislation like this.
Despite short-term challenges India's economic growth story remains intact and the country's GDP is expected to grow around 7.5 per cent in the current financial year, industry body Ficci said on Thursday.
The Delhi government has sanctioned the budget for the construction of roads and drains in unauthorised colonies here, Chief Minister Arvind Kejriwal said on Thursday.
The Reserve Bank of India (RBI) on Thursday said it will soon issue Rs 100 denomination bank notes. According to the RBI, the new bank notes will be in the "Mahatma Gandhi (New) Series". "The new denomination has motif of 'RANI KI VAV' on the reverse, depicting the country's cultural heritage," the apex bank said in a statement. Rani ka Vav is a stepwell situated in the town of Patan in Gujarat.
The government's decision on Wednesday to increase the Fair and Remunerative Price (FRP) for sugarcane for 2018-19 (October-September) season by Rs 20 to Rs 275 for a quintal comes with a rider that the new rate will be applicable only when the recovery rate is 10 per cent.
Indian and American defence officials on Wednesday discussed how to strengthen defence trade ties and create opportunities for co-production and co-development of military equipment even as the two countries are locked in a row over the US sanctions against Russia that have affected defence deals between New Delhi and Moscow.
Badgered by media over the safety of the fish sold in Goa, Chief Minister Manohar Parrikar snapped back at a journalist, asking if he should enter the reporter's stomach to check the fish he had eaten. "Should I look into your stomach? Should I enter your stomach and tell you if it (fish) was safe or not? What we tested the other day, we gave you the report. You go to an expert. Don't go to people who give stories to newspapers...," Parrikar said at a press conference here, while faulting the media for choosing experts who he said were news savvy, to comment on the use of carcinogenic formalin for fish preservation. "The expert you are referring to and yourself are (making) comments which create confusion," Parrikar said, when the reporter continued to ask him if the fish consumed by Goans before Wednesday's ban was safe.