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Economy

Revenue declined 2.9% to Rs 77,272 crore in the January - March 2017 quarter. Passenger vehicles grew by 44.3 percent with auto segment experiencing year-on-year growth of 42.8 percent and utility vehicles (including vans) of 51.7 percent, on the back of strong response to the Tiago and the launch of Tata Hexa and Tata Tigor .
  • Institutional Investor's Pro-Liberty Property Trust (NYSE:LPT) Sentiment In 2016 Q4

    Economy

    Since January 1, 0001, it had 0 buys, and 16 insider sales for $20.11 million activity. It increased, as 70 investors sold STWD shares while 66 reduced holdings. Berson & Corrado Investment Advisors Llc, a New York-based fund reported 346,650 shares. Arete Wealth Advisors LLC bought a new stake in Columbia Property Trust during the third quarter worth $207,000.
  • Angel Di Maria, Javier Pastore homes raided in PSG tax probe

    Angel Di Maria, Javier Pastore homes raided in PSG tax probe

    Economy

    But PSG insisted the contracts of Pastore and Di Maria "were concluded in perfectly regular conditions". The leaks of player contracts and transfer deals started more than a year ago, providing the biggest glimpse yet into the usually secretive world of soccer's $5 billion annual trading market.
  • Iranian president calls U.S. relations 'a curvy road'

    Iranian president calls U.S. relations 'a curvy road'

    Economy

    Iran welcomes cooperation at all levels to bring stability to the Middle East, President Hassan Rouhani told his French counterpart on Monday, hours after U.S. Rouhani described the turnout in the elections as "unprecedented in Iranian history", saying if all of those who had stood in long queues at the polling stations had succeeded to vote, the figure would have increased to 45 million.
  • Trump sends Congress $4.1T spending plan

    Trump sends Congress $4.1T spending plan

    Economy

    The proposed $4.1 trillion 2018 budget released Tuesday has a line item for "a physical wall" along the southern border but includes $2.6 billion for border security - a fraction of the wall's projected costs - to cover land acquisition, wall replacement and new wall costs.
  • Saudis, Russia Commit To 9-Month Oil Cuts, Goldman Sees $57 Price

    Economy

    Oil has gained support from the deal but inventories remain high and rising output from other producers, such as the U.S., is keeping prices below the $60 that top exporter Saudi Arabia would like. The timing of the announcement ahead of OPEC's next official meeting on May 25 and the statement's strong wording surprised markets, and the move is expected to go a long way to ensure that other OPEC members and producers who participated in the initial round of cuts fall into line.
  • Trump's budget director Mick Mulvaney holds briefing

    Trump's budget director Mick Mulvaney holds briefing

    Economy

    During the campaign, Trump attacked the weak economic growth of the Barack Obama years, and pledged that his economic program would boost growth from the lackluster 2 percent rates seen since the recovery began in mid-2009. "It further cuts funding for children's health insurance and medical research , public schools and affordable student loan programs, and programs that support our most vulnerable populations, including children and the elderly", Haider said.
  • Will do everything to achieve Israel-Palestinian peace deal

    Will do everything to achieve Israel-Palestinian peace deal

    Economy

    The U.S. president arrived in Israel on Monday after a two-day visit to Saudi Arabia, where Trump said King Salman assured him Riyadh wants peace between the Israelis and Palestinians. President Donald Trump speaks during a visit to the Yad Vashem Holocaust Memorial museum, commemorating the six million Jews killed by the Nazis during World War II, May 23, 2017, in Jerusalem .
  • Michigan Democrats urge Trump to work closely with Congress on NAFTA renegotiation

    Economy

    Negotiations with Canada and Mexico will begin no earlier than August 16, 2017. U.S. Trade Representative Robert Lighthizer's letter to Congress is far from belligerent. "Canada and Mexico are our top export markets", says NPPC President Ken Maschoff, "and we absolutely must not have any trade disruptions". U.S. President Donald Trump's threats to renegotiate the North American Free Trade Agreement are coming to fruition.
  • Bunge Mulls North American Partnership with Glencore

    Bunge Mulls North American Partnership with Glencore

    Economy

    Glencore said that there was no certainty that any transaction would occur. White Plains, NY-based Bunge issued a separate statement following Glencore's press release stating that the firm is "not engaged in business combination iscussions with Glencore Agriculture Limited or Glencore Plc ".
  • Trump accuses Iran of fuelling 'fires of sectarian conflict and terror'

    Economy

    And it means standing together against the murder of innocent Muslims , the oppression of women, the persecution of Jews, and the slaughter of Christians". While Obama and George W. Bush to different degrees had promoted human rights and democracy as tactics to undercut support for radicalism, Trump made clear he did not plan to publicly pressure Muslim nations to ease their repressive policies.
  • Trump asked 2 intelligence chiefs to push back against FBI collusion probe

    Economy

    The calls from Trump supposedly took place just a few days after FBI Director Comey first revealed the existence of an FBI investigation into possible collusion between the Trump campaign and Russian Federation. If Mueller's investigation centers on obstruction of justice and the matter becomes a criminal one, Comey will likely become Mueller's central witness and his public engagement with Congress could be limited.