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Economy

The Niti Aayog CEO also said that according to a study based on data collected by the Society of Indian Automobile Manufacturers (SIAM) and the Tractor and Mechanization Association (TMA), over 14 million jobs have been created in the transport sector between 2014-2018.
  • Apple iPhone sales in 'disappointing' fall

    Apple iPhone sales in 'disappointing' fall

    Economy

    Although a trade war started by President Donald Trump previous year has hurt China and potentially caused some consumers there to boycott USA products, many analysts believe the iPhone's malaise stems from other issues too. For Apple, the slowdown is expected to continue with fiscal second-quarter revenue of $59 billion, according to analyst estimate data compiled by Bloomberg .
  • Justice Dept. charges Huawei with fraud, ratcheting up U.S.-China tensions

    Justice Dept. charges Huawei with fraud, ratcheting up U.S.-China tensions

    Economy

    The US Justice Department unsealed on Monday indictments against China's Huawei Technologies , two subsidiaries and its Chief Financial Officer Meng Wanzhou . Whitaker confirmed that the Justice Department is proceeding with its extradition efforts against Meng in accordance with the existing timetable, which requires that the formal request be registered with the Canadian courts by Wednesday.
  • Australia recognises Juan Guaidó as Venezuela president

    Australia recognises Juan Guaidó as Venezuela president

    Economy

    National Security Adviser John Bolton echoed that admonition Sunday, tweeting , "Any violence and intimidation against USA diplomatic personnel, Venezuela's democratic leader (Guaido) or the National Assembly itself would represent a grave assault on the rule of law with a significant response".
  • End of shutdown: White House denies Donald Trump 'caved' to Democrats

    End of shutdown: White House denies Donald Trump 'caved' to Democrats

    Economy

    Trump has floated the idea of a national emergency before, something that would receive opposition from Democrats and some Republicans. Internal Revenue Service employees, border security workers, corrections officers and others required to work during the shutdown without pay were told on Sunday they would be compensated in short order, as would employees barred from their jobs during the shutdown.
  • Microsoft's Bing search engine blocked in China

    Microsoft's Bing search engine blocked in China

    Economy

    The source said that a state-owned telecoms company, China Unicom, confirmed the government order to block the engine. Some of the most popular media platforms and news websites outside of the country, like Facebook , YouTube and The New York Times , are completely inaccessible in China.
  • Oil up on Venezuela turmoil despite surging USA supply

    Oil up on Venezuela turmoil despite surging USA supply

    Economy

    With Iran already crippled by US sanctions, a drop in Venezuelan exports could squeeze global supply further. Also sustaining higher prices, supply concerns in Libya and Venezuela are set to persist for the time being, while current United States sanctions limiting Iranian oil exports also collaborate with the better sentiment.
  • Potential Venezuelan oil sanctions could impact Louisiana

    Potential Venezuelan oil sanctions could impact Louisiana

    Economy

    A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. Refineries along the Gulf Coast are set up to process heavy crude and they may end up spending more money buying it elsewhere. The primary importers of Venezuelan crude are Citgo, Valero Energy, and Chevron.
  • Maduro says he severed only diplomatic relations with US

    Maduro says he severed only diplomatic relations with US

    Economy

    But Secretary of State Mike Pompeo said in an interview Thursday that Maduro - to whom the military leadership is still loyal - bore responsibility for the safety of USA diplomats. Backing for him has come principally from the Western hemisphere. Attention was focused on Venezuela's military, a traditional arbiter of political disputes in the country, as a critical indicator of whether the opposition will succeed in setting up a new government.
  • US Balkan Allies Recognise New Venezuela President

    US Balkan Allies Recognise New Venezuela President

    Economy

    As two declared presidents vie for power in Venezuela , a United Nations human rights official says at least 20 people have died in protest-related violence this week in the Latin American country, sparking her concern that the situation there "may rapidly spiral out of control".
  • Pro-Brexit campaigner James Dyson to move headquarters to Singapore

    Pro-Brexit campaigner James Dyson to move headquarters to Singapore

    Economy

    He remains the face of the company and is now one of Britain's richest people, as well as a knight. He is also part of the executive team as company secretary. But despite the firm's stated reasons for the move, Remainers have accused Sir James of hypocrisy for "ditching Britain" after touting the economic benefits of Brexit.