Business

Indian police shoot five protestors dead as farming unrest escalates

Indian police shoot five protestors dead as farming unrest escalates

Farmer protests that began since the beginning of this month took a violent turn on Tuesday after police firing killed six people and wounded two others at Pipaliamandi area in Mandsaur district, about 325 km west of Bhopal , the capital city of Madhya Pradesh .



Trump plans to release tax overhaul in early September

Ryan did not set out exactly which reforms he is determined to see implemented in his speech to USA manufacturers, but he did assert that this is a key priority: "We are going to get this done in 2017..." "I'm really confident at the end of the day we're going to agree on how to do this".



Punjab Budget 2017: Navjot Singh Sidhu terms budget as development centric

The power industry in Punjab has hailed decision of Congress government led by chief minister Amarinder Singh to provide power at a uniform rate of Rs 5 per unit in the state. He claimed that during the last 10 years, the state government had got only Rs 230 crore as revenue from mining of sand/gravel, while his government had, through a single auction, raised revenue of Rs 280 crore, which was expected to rise to Rs 500-600 crore per annum once all auctions were completed.


Pentagon Distancing Itself From Donald Trump On Qatar

Pentagon Distancing Itself From Donald Trump On Qatar

The three Gulf states announced the closure of transport ties with Qatar and gave Qatari visitors and residents two weeks to leave their countries. Gabriel warned that disagreements among Gulf states could weaken the USA -led coalition's fight against Islamic State, and said Jubeir agreed it was critical to avoid further escalations.


Shekel strengthening despite United States rate hike

Shekel strengthening despite United States rate hike

The benchmark 10-year yield, at 2.13 percent, posted its lowest closing level of 2017. Mortgage rates will be higher, as will credit card interest rates and auto loans. The implementation of its proposed balance sheet normalisation programme – a gradual reduction in Fed's holding of securities - this year, would also depend on how the economy evolves, it added.



GOP-run House votes to roll back post-2008 financial rules

The bill would also ease regulations on local banks by eliminating the need for "stress tests" that require financial institutions to have plans for how to respond to another economic crisis. The bill must still go to the Senate. Big financial firms favor the House bill's removal of the retirement account rule, commonly named fiduciary rule, which forces brokers to put customer interest before their own.