Diplomats gathering in South Korea on Monday found themselves in the awkward position of vetting and validating a major UN scientific report that underscores the failure of their governments to take stronger action on climate. “This will be one of the most important meetings in IPCC history,” Hoesung Lee, chair …
Read More »Monthly Archives: October 2018
Kolkata GPO marks 150 years in service of the city
Museum in heritage structure extended to accommodate more exhibits, including photographs that appeared in journals and periodicals Under the 120-foot-high dome of Kolkata’s General Post Office (GPO), a special postal cover was released on Monday. The event marked 150 years of the GPO. A fresh coat of paint and tiny …
Read More »Lupin inks pact to distribute Eli Lilly’s diabetes injection in India
Drug major Lupin on Monday announced partnership with Eli Lilly and Company (India) to distribute Eli Lilly’s diabetes injection Aplevant in the country. Lupin said the expansion of the business partnership with Eli Lilly is aimed at widening access to diabetes medicines in India. Lupin will distribute and market Lilly’s …
Read More »Gita Gopinath is IMF Chief Economist
International Monetary Fund (IMF) appointed India-born Gita Gopinath as Economic Counsellor and Director of the IMF’s Research Department. Ms. Gopinath will succeed Maurice (Maury) Obstfeld, who announced he would retire at the end of 2018, an official statement said on Monday. Source : https://www.thehindu.com/todays-paper/tp-business/gita-gopinath-is-imf-chief-economist/article25100829.ece
Read More »GST collection rises marginally in Sept.
Collections from the Goods and Services Tax (GST) in September increased marginally to Rs. 94,442 crore from the Rs. 93,690 crore collected in August. “The total gross GST revenue collected in the month of September 2018 is Rs. 94,442 crore of which CGST is Rs. 15,318 crore, SGST is Rs. …
Read More »Manufacturing PMI rises to 52.2 in Sept.
Growth in new orders, gains in output and employment boosts index Manufacturing activity improved in September on the back of stronger gains in new orders, output, and employment, according to a private sector survey. The Nikkei India Manufacturing Purchasing Managers’ Index (PMI) rose to 52.2 in September from 51.7 in …
Read More »Car sales slide on rising fuel prices
Market leader Maruti Suzuki reports 1.4% fall while Hyundai Motor India’s local sales slip 4.5% in Sept. Domestic passenger car sales by major players declined in September, 2018 as compared with the same period last year on account of rising fuel and product prices. Market leader Maruti Suzuki witnessed 1.4% …
Read More »Further defaults will not take place: Govt.
‘Fully committed to ensure needed liquidity is arranged’ The government on Monday made clear its commitment to ensuring that the ailing Infrastructure Leasing & Financial Services (IL&FS) receives the liquidity it needs from the financial system, and that no further defaults take place, terming the company a large Systemically Important …
Read More »India wants trade deal to keep me happy: Trump
President Donald Trump on Monday slammed India for imposing “tremendously high tariffs” on American products and said that New Delhi wanted to have a trade deal with America to keep him happy. At a press conference on the new U.S.-Mexico-Canada agreement, Mr. Trump listed out the deals that are under …
Read More »Palestinians protest against Israel’s nation-state law
Palestinians joined Israeli Arabs on Monday in a general strike against Israel’s controversial Jewish nation-state law, while commemorating the deaths of 13 people killed in clashes with the police in October 2000. In the Arab Israeli community of Jatt in northern Israel, 1,500 participated in the central march in memory …
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