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  3. afp

AFP

China cuts new benchmark rate to boost economy

The reduction in the loan prime rate (LPR) — one of the preferential rates commercial banks impose on their best…

By AFP
November 20, 2019 16:23 IST
Alibaba eyes $12.9 billion Hong Kong IPO after setting price, say reports

Asia’s biggest company has called the listing a multi-billion-dollar vote of confidence in the city’s markets as it is wracked…

By AFP
November 20, 2019 11:35 IST
2,887 days: Shinzo Abe becomes Japan’s longest-serving premier

Shinzo Abe entered the history books as Japan’s longest-serving premier on Wednesday, but many of his ambitious goals, including a…

By AFP
Updated: November 20, 2019 16:47 IST
Iran, Iranian government, Islamic republic, global net shutdowns, global net shutdowns, internet connectivity in Iran
Iran to unblock internet once ‘abuse’ stops, says Government

The Islamic republic has been largely offline since the internet restrictions were imposed the day after the nationwide demonstrations broke…

By AFP
November 19, 2019 18:25 IST
us china trade war, trade war, tariff war, huawei, us huawei
US extends license for businesses to work with Huawei by 90 days

President Donald Trump in May effectively barred Huawei from American communications networks after Washington found the company had violated US…

By AFP
November 19, 2019 17:28 IST
us south korea military drills, us south korea military exercise, us south korea relations, north korea us relations, north korea us talks
North Korea says US must end joint drills with Seoul ‘once and for all’

The US and South Korea said Sunday they would delay annual joint aerial exercises slated for this month in an…

By AFP
November 19, 2019 11:05 IST
Iran’s heavy water stock exceeds authorised limit: IAEA

Heavy water reactors can be used to produce plutonium for nuclear weapons as an alternative to enriched uranium.

By AFP
November 19, 2019 09:36 IST
Three dead in Oklahoma Walmart shooting, including gunman

Three people were killed in a shooting early Monday outside a Walmart store in Oklahoma, including the assailant, police said…

By AFP
November 19, 2019 08:06 IST
In new pro-Israel shift, US no longer calls settlements illegal

The United States no longer believes that Israeli settlements in the Palestinian territories are illegal, Secretary of State Mike Pompeo…

By AFP
November 19, 2019 07:49 IST
Donald Trump says will ‘strongly consider’ testifying in impeachment probe

During the lengthy probe led by special prosecutor Robert Mueller into accusations that Trump worked with Russians to boost his…

By AFP
November 18, 2019 21:29 IST
US shooting, US shooting toll, California backyard shooting, central California, Fresno, Los Angeles, latest news on US shooting
US shooting: Four killed in California backyard shooting, says police

“Three people died on scene,” Fresno deputy police chief Michael Reed told reporters, adding that a fourth was rushed to…

By AFP
November 18, 2019 15:05 IST
China, Taiwan Strait, South China Sea, Cheng Dewei, Taiwan's elections, beijing, latest news on china
China confirms aircraft carrier sailed through Taiwan Strait for ‘routine’ training

The carrier, which was launched in 2017, crossed the sensitive waters on Sunday before entering the South China Sea for…

By AFP
Updated: November 18, 2019 15:45 IST
Donald Trump, donald trump impeachment, Democrats, Republicans, Joe Biden, russia, latest news on donald trump impeachment
Donald Trump says North Korea went too far in calling Joe Biden ‘rabid dog’

Talks between the two sides on a deal for North Korea’s denuclearisation stalled after a Hanoi summit between Kim and…

By AFP
November 17, 2019 21:54 IST
The Election Commission has said it hopes to provide final results by late Sunday. (Reuters image)
Gotabaya Rajapaksa takes early lead in Sri Lanka election

Commission chairman Mahinda Deshapriya said at least 80 percent of the 15.99 million eligible voters participated in Saturday’s poll, which…

By AFP
November 17, 2019 06:48 IST
Apple bans vaping apps from App Store

Apple has pulled 181 vaping-related apps from the App Store worldwide.

By AFP
November 16, 2019 11:58 IST
The army added that it was "currently striking Hamas terror targets" in Gaza. (File image)
Israel carries out fresh strikes on Gaza after rocket fire

On Tuesday, Israel carried out an operation that killed a top commander of Islamic Jihad, the second most powerful Palestinian…

By AFP
November 16, 2019 11:26 IST
US President Donald Trump again pledges tax cut if voters return House to Republicans

But a previous promised tax cut for middle income earners never materialized. Critics say cuts benefiting richer Americans have in…

By AFP
Updated: November 16, 2019 07:49 IST
Italy files appeal to stop ArcelorMittal dropping steel deal

Last week the firm said it would hand over the plant to state-appointed administrators by December 4.

By AFP
November 16, 2019 07:41 IST
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Latest News

Revised LCR Norms Boost Liquidity for Indian Banks, Fueling Q1 FY27 Credit Growth

New norms lift banks’ liquidity coverage ratio in Q1

RBI’s Draft FEMA Investment Rules: 10% FDI-FPI Threshold Extended to Unlisted Companies

FEMA draft puts 10% rule at centre of foreign investment

How Indian Exporters Stand to Recover Up to $8 Billion After Supreme Court Ruling

Indian exporters may get $7-billion US tariff refunds

RBI Overhauls Bank Board Governance Norms to Focus on Strategy and Risk Oversight

Explainer: Why RBI dropped checklist approach for bank boards

The key principle is that the tax deduction follows the eligible housing loan and its utilisation, not merely the existence of a new loan.

Switched your home loan to another bank? Here’s how you could lose key tax deductions

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