MoneyControl

Punjab to spend Rs 1,500 cr on improving rural, urban infra: Amarinder Singh
Wed, 16 Jan 2019 16:53:04
Punjab to spend Rs 1,500 cr on improving rural, urban infra: Amarinder Singh Making the announcement during pre-budget consultations with his party MLAs from the Majha region, along with the top brass of his government, the chief minister assured the elected representatives that the paucity of funds would not be allowed to come in the way of development in both the rural and urban sectors.


PM Narendra Modi to open Gujarat investor summit, meet foreign leaders
Wed, 16 Jan 2019 16:53:04
PM Narendra Modi to open Gujarat investor summit, meet foreign leaders Modi will take part in a slew of other programmes during his January 17-19 visit which will also cover Silvassa, the capital of the neighbouring Union Territory of Dadra and Nagar Haveli, according to his itinerary shared by the state government and the Press Information Bureau (PIB).


Amit Shah suffering from swine flu, admitted to AIIMS
Wed, 16 Jan 2019 16:35:04
Amit Shah suffering from swine flu, admitted to AIIMS According to sources at AIIMS, the BJP leader was admitted following complaints of chest congestion and breathing issues.


Govt eases process to seek tax exemption on angel fund investments for startups
Wed, 16 Jan 2019 16:30:04
Govt eases process to seek tax exemption on angel fund investments for startups The government Wednesday eased the procedure for seeking income tax exemption by startups on investments from angel funds and prescribed a 45-day deadline for a decision on such applications.


Aviation sector to be growth engine for development: Vidyasagar Rao
Wed, 16 Jan 2019 16:14:05
Aviation sector to be growth engine for development: Vidyasagar Rao Speaking at the valedictory sessionof the two-day Global Aviation Summit here, he said the global aviation industry is ushering in an era of rapid expansion.


Working group suggests measures to achieve $5 tn economy by 2025
Wed, 16 Jan 2019 16:04:04
Working group suggests measures to achieve $5 tn economy by 2025 According to its report, agriculture and manufacturing sectors can contribute USD 1 trillion each, while the contribution from the services sector has been pegged at USD 3 trillion.


Startups write to PM Narendra Modi, seek abolition of #39;Angel Tax#39;
Wed, 16 Jan 2019 15:47:04
Startups write to PM Narendra Modi, seek abolition of #39;Angel Tax#39; iSPIRT, representing more than 60 startups in its letter, highlighted that in the last two years, many startups that have raised angel funding in AY2015-16 and 2016-17 have received notices from the Income Tax department under Section 56(2)(viib) of the I-T Act.



The Economic Times

The shutdown today: Pain extends beyond federal workers
Wed, 16 Jan 2019 21:30:30
WHAT'S NEW House Speaker Nancy Pelosi called on President Donald Trump to delay his State of the Union address, scheduled for Jan. 29.


A look at deaths of US troops in Syria
Wed, 16 Jan 2019 21:18:30
WASHINGTON (AP) — The U.S. military said two service members and two American civilians were killed Wednesday in a suicide bomb attack claimed by the Islamic State group in the U.S.-patrolled northern Syrian town of Manbij. Here's a look at previous deaths among U.S.


Syria attack kills 4 Americans, complicates withdrawal plan
Wed, 16 Jan 2019 21:08:30
WASHINGTON (AP) — A suicide bombing claimed by the Islamic State killed two U.S. soldiers and two American citizens in northern Syria Wednesday, less than a month after President Donald Trump declared he was pulling U.S. forces and that IS had been defeated.


Castro explains Puerto Rico campaign trip: 'Everyone counts'
Wed, 16 Jan 2019 20:36:30
MANCHESTER, N.H. (AP) — Democrat Julian Castro, in the early primary state of New Hampshire for the first time as a presidential candidate, told voters on Wednesday that he believes "everyone counts" and accused the Trump administration of "picking and choosing" who has chances to succeed.


Waiting for final Mueller report? It may be short on detail
Wed, 16 Jan 2019 20:20:30
WASHINGTON (AP) — Robert Mueller's Russia probe has to end with a report. But anyone looking for a grand narrative on President Donald Trump, Russian election interference and all the juicy details uncovered over the last 20 months could end up disappointed.


2018 sixth-warmest year in India, says IMD
Wed, 16 Jan 2019 20:14:04
IMD said annual mean surface air temperature (averaged over the country) during the year was 0.41 degree Celsius above (1981-2010) average. “All the six warmest years on record in India were in the last 10 years. It clearly shows that ‘global warming’ is happening and we need to prepare ourselves to face its consequences,” said secretary of the ministry of earth sciences M Rajeevan.


Does Trump have to give a State of the Union speech? No.
Wed, 16 Jan 2019 20:04:30
WASHINGTON (AP) — The U.S. Constitution mandates in Article II, Section 3 that presidents "shall from time to time give to the Congress information of the state of the union, and recommend to their consideration such measures as he shall judge necessary and expedient.



Steelguru

Germany biggest state wants at least USD 11.5 billion for exiting coal
Wed, 16 Jan 2019 10:29:08
Reuters reported that North Rhine-Westphalia, one of Germany's coal-mining states, is demanding at least 10 billion euros (USD 11.5 billion) in structural support if coal-fired power stations are phased out.


Sembcorp to set up SO2 pollution control units at 2 power plants
Wed, 16 Jan 2019 10:27:26
Economic Times reported that complying with environment norms, Sembcorp Energy India has floated a tender to set up two flue-gas desulphurisation units worth over INR 1,000 crore in its two power plants with a total capacity of 2,640 MW in Andhra Pradesh.


12 companies show interest in 1,000MW floating solar plant in Solapur
Wed, 16 Jan 2019 10:25:12
MSEDCL’s 1,000MW solar floating plant at Ujani dam in Solapur district has evoked tremendous response with 12 top companies participating in the pre-bid meeting held in Mumbai. Interestingly, Mahagenco had planned to set up a floating solar plant in its Irai dam (district Chandrapur).


No interruption to gas flow to Sakarya inTurkey after explosion - Botas
Wed, 16 Jan 2019 10:21:44
Reuters reported that Turkey's state pipeline operator Botas said on Monday that it would use alternative routes to supply gas to areas affected by a pipeline explosion in the northwestern province of Sakarya.


Ladakh will soon be home to world's largest solar plant
Wed, 16 Jan 2019 10:21:29
Times Of India reported that Ladakh, known for its pristine natural beauty and colourful mountains towering over vast swathes of desolate land, is set to add another feature to its fame the world's largest single-location solar photo-voltaic plant.


BHEL wins Largest order for Solar Photovoltaic Plants
Wed, 16 Jan 2019 10:18:29
Bharat Heavy Electricals Limited has won an order for setting up 129 MW Solar Photovoltaic power plants in Telangana from Singareni Collieries Company Limited. Significantly, valued at INR 565 Crore, this is the largest SPV power plant order won by BHEL till date.


Global economy & oil demand are strong - Saudi energy minister
Wed, 16 Jan 2019 10:17:25
Reuters quoted Saudi Arabia's Energy Minister Khalid al-Falih as saying that oil demand remains strong and that he sees no impact from US China trade tensions.



BloomBerg

John Bogle, Vanguard Founder Who Advocated Low Fees, Dies at 89
Wed, 16 Jan 2019 22:18:35
John Bogle, Vanguard Founder Who Advocated Low Fees, Dies at 89


Asia Stocks Set to Rise After Profits Buoy S&P 500: Markets Wrap
Wed, 16 Jan 2019 21:55:55
Asia Stocks Set to Rise After Profits Buoy S&P 500: Markets Wrap


GSA ‘Ignored’ Constitution on Trump D.C. Hotel, Watchdog Finds
Wed, 16 Jan 2019 21:44:52
GSA ‘Ignored’ Constitution on Trump D.C. Hotel, Watchdog Finds


More Unpaid TSA Screeners Are Citing Financial Hardship for Missing Work
Wed, 16 Jan 2019 22:29:47
More Unpaid TSA Screeners Are Citing Financial Hardship for Missing Work


UN Reckons With #MeToo by Acknowledging Its Harassment Failures
Wed, 16 Jan 2019 22:01:25
UN Reckons With #MeToo by Acknowledging Its Harassment Failures


JPMorgan Economists See Promise and Pitfalls in Alternative Data
Wed, 16 Jan 2019 21:35:16
JPMorgan Economists See Promise and Pitfalls in Alternative Data


Palantir Posted Nearly $1 Billion in 2018 Sales, Executive Says
Wed, 16 Jan 2019 21:52:09
Palantir Posted Nearly $1 Billion in 2018 Sales, Executive Says