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17 March, 2018 4:13 PM Loyalist, "Firefighter": Meet The Man Who Will Be Xi Jinping's No 2

China's parliament elected Wang Qishan, a key ally of President Xi Jinping, into the role of vice president on Saturday, a move that breaks with tradition but will bolster the president's authority. At the same time, Xi was unanimously endorsed to serve a second five-year term as president, by 2,970 votes to zero. Last Sunday, the National People's Congress 29

17 March, 2018 8:25 AM Raid Box Office Collection Day 1: Ajay Devgn's Film Gets Third Highest Opening, Collects 10 Crore

Raid Box Office Collection Day 1: Ajay Devgn's film opened to fair reviews on Friday Ajay Devgn film Raided Rs 10 crore from the ticket windows on the opening day, reports trade analyst Taran Adarsh. Ajay Devgn's film, which opened to fair reviews on Friday, collected Rs 10.04 crore on Day 1 and the film's business is expected to grow over the weekend 44

17 March, 2018 2:54 AM China's Parliament Unanimously Gives Xi Jinping Second Term

Xi won all 2,970 votes at the annual session of the National People's Congress. In 2013, Xi had received 2,952 votes, with one against and three abstentions, a 99.86 percent share. Beijing, China: China's rubber-stamp parliament unanimously re-appointed President Xi Jinping to a second five-year term on Saturday and elevated his former anti-corruption 29

16 March, 2018 3:08 PM India Q3 current account deficit widens to $13.5 bn

Mumbai: Driven by higher imports, India`s current account deficit (CAD) widened to $13.5 billion during the third quarter of 2017-18 from $7.2 billion in the second quarter and $8 billion in the corresponding period in 2016-17, Reserve Bank of India (RBI) data showed on Friday. "India`s CAD at $13.5 billion (2 percent of GDP) in Q3 of 2017-18 increased 32

16 March, 2018 2:58 PM We fight for people on streets, not our work to fight in court: Sisodia on why Kejriwal apologised

Arvind Kejriwal has apologised to former Punjab minister Bikram Singh Majithia for leveling drug racket charges against him. His apology has angered AAP leaders in Punjab. New Delhi: AAP's Punjab in-charge Manish Sisodia said on Friday that the party leadership will talk to state leaders, who are unhappy over Arvind Kejriwal's apology to Shiromani Akali 37

16 March, 2018 10:55 AM Bloodbath on Dalal Street; Sensex tumbles over 500 points, Nifty drops below 10,200

New Delhi: A huge sell-off across all sectors – led by oil and gas, metals, auto and banking stocks –dragged the Indian equity to close deep into the red on Friday. The BSE Sensex shed over 509.54 points or 1.51 percent to close at 33,128.99 while the NSE Nifty dropped 165.00 points or 1.59 percent to close at 10,195.15. The BSE market breadth was bearish 26

16 March, 2018 9:05 AM Kejriwal’s apology shows “mental weakness,” says AAP leader Sukhpal Singh Khaira

Aam Aadmi Party's senior leader Sukhpal Singh Khaira on Friday said that by apologising to Shiromani Akali Dal leader Bikram Singh Majithia in drugs trade case, AAP chief Arvind Kejriwal has shown mental weakness and surrendered. This is not acceptable to party MLAs in Punjab, Mr. Khaira said, addressing journalists in Chandigarh. "We feel Mr. Kejriwal 33

15 March, 2018 5:03 AM Shares of fertilizer firms zoom, after extension of urea subsidy

Shares of fertilizer firms jumped in early trading on Thursday, after the Union Cabinet approved the proposal to continue the ongoing urea subsidy scheme from 2017 to 2020. On BSE, Shares of Coromandel International Ltd, flagship company of Chennai-based Murugappa Group rose over 3% to ₹516.85. National Fertilizer Ltd rose nearly 5% to ₹59.05, Chambal 17

13 March, 2018 4:36 PM Four coal trade unions to strike work on April 16

CIL, SCCL coal workers plan to strike work; INTUC unit not to join Four trade unions have announced their decision to observe a day’s strike on April 16, 2018 to protest against commercial mining of coal. The notice was served on Tuesday by the Bharatiya Mazdoor Sangh, the All India Trade Union Congress, the Hind Mazdoor Sabha and the Centre of Indian 44

13 March, 2018 1:52 PM RBI stops use of LoUs for trade credit for imports

The decision to discontinue the practice of Letters of Undertakings and Letters of Comfort for trade finance comes into force with immediate effect, says the RBI In a major decision, the Reserve Bank of India (RBI) on Tuesday banned banks from issuing Letters of Undertaking (LoUs) — instruments used allegedly by diamantaire Nirav Modi and his uncle Mehul 33