Nov 19 2017
Finance Minister Arun Jaitley on Friday said the government welcomes Moody's upgradation of India's sovereign rating.
Talking about policy decisions like demonetisation and GST implementation, he said that a series of steps taken by the government are taking Indian economy to a greater formalisation and digitization which is being universally acknowledged.
It is "encouraging to have worldwide recognition" and "not something happening in isolation", he said.
"Introduction of Aadhar, recapitalization of public sector banks, smooth transition of GST and demonetization have all been landmark reforms", he said.
Stating that reforms will foster sustainable growth, Moody's said government is mid-way through a wide-ranging programme of economic and institutional reforms.
The "emphasis is on infrastructure building and expenditure in rural areas", he added.
Lamborghini donates special vehicle to Pope Francis. What he's doing with it
One of the Fiat 500s that carried Pope Francis around NY during his USA visit fetched a reported $300,000 from a philanthropist. Lamborghini made a sports vehicle especially for Pope Francis-but it seems he's going to stick with the popemobile.
Italy Misses World Cup for First Time Since 1958
Italy , who are now ranked 15th in the world, had an ordinary qualification campaign, finishing second in their group. I don't want to think it's the game of life but I'm convinced that, with the help of the fans, we will do it.
Woman Who Flipped Off Trump Motorcade Loses Her Job
Soon, Briskman, who had been working as a marketing specialist for a Virginia-based federal contractor, got fired from the job. Briskman told HuffPost her " blood just started to boil " when she saw Trump's motorcade. "I said 'Yeah, that's me".
Moody's Investors Service today upgraded India's local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive.
"Moody's upgrade of India's rating is a reaffirmation of the various reform measures undertaken by the government over the last three to four years and we welcome this move", said FICCI President Pankaj R. Patel.
Credit rating agency upgrades India's sovereign bonds for the first time in nearly 14 years, changing its rating outlook to stable from positive.
Reacting to the upgrade, Jaitley told reporters: "It is a belated recognition of all the positive steps taken in the last few years".
Sovereign credit rating indicates the level of risk faced by investors while investing in a country.
At 0550 GMT, the benchmark 10-year bond yield was down 9 basis points at 6.97 percent, the rupee was trading stronger at 64.84 per dollar versus the previous close of 65.3250, while the NSE share index was 1.1 percent higher.
Driven by banks after Moody's upgrade, the Sensex rallied 400 points.
Nov 18 2017
Want a Longer Life? Get a Dog, Study Says
Scientists said the companionship was key, along with the physical activity in taking the dog for a walk. Dog owners are shown to be less depressed and make friends easier, according to a recent study.
Nov 15 2017
We'll buy arms from Russia, Philippines' Duterte tells Putin
But critics warn the gesture has come to represent the brutalities of Duterte's drug war, which has claimed thousands of lives . In December 2016, he said that during his time as mayor, he had personally killed at least three people.
Nov 14 2017
Qualcomm rejects Broadcom's record-breaking $105 billion takeover attempt (AVGO, QCOM)
Another tactic Broadcom could use is to nominate directors for Qualcomm's board ahead of the company's annual general meeting in 2018.
Nov 14 2017
Roy Moore nearly certainly isn't going to be a senator
Senate race in Alabama, where he is the GOP nominee, if the allegations are true . "It is unacceptable for Gov". Most other Republicans have said only that Moore should drop out of the U.S.
Nov 13 2017
Strong 7.3 Magnitude Earthquake Jolts Western Iran, Damages Villages
An natural disaster of magnitude 7.2 has hit the border region between Iran and Iraq, the US Geological Survey ( USGS ) says. Extensive damage has also been reported in countless villages , which have also seen telecommunication and power outages.
Nov 12 2017
Hope Solo accuses Sepp Blatter of sexual assault
Former FIFA President Sepp Blatter has been accused of sexual assault by the USA Women's football team goalkeeper Hope Solo . In 2004, he landed in hot water after saying women's soccer should use sex appeal as a way to grow the game .
Nov 12 2017
Morocco qualifies for Russian Federation 2018 after defeating Ivory Coast 2-0
DR Congo were the only team still with a chance to catch Tunisia, but they fell short despite a late 3-1 win over Guinea. Senegal qualified for the World Cup for the first time since 2002 on Friday after defeating South Africa 2-0 .
Nov 12 2017
Internet giant Alibaba kicks off Singles' Day shopping bonanza with a bang
E-commerce giant Alibaba on Saturday kicked off its ninth edition of the 11.11 Global Shopping Festival, its annual sales event. There were 256,000 payment transactions processed per second by Alipay, Alibaba's Alizila news website reported.
Nov 08 2017
Target Releases Black Friday Ad, Offers Early Access Deals
Target, Sears and Kmart have announced their top deals for Black Friday! Here are some of the deals each store will offer. Both stores are offering early access to Black Friday sales to members of their Shop Your Way rewards program .
Nov 07 2017
Could Flynn be the next member of Trump's orbit to face indictment?
The NBC report said lawyers for Flynn and his son, Michael G Flynn, who worked with his father, declined to comment. Another Trump campaign aide, George Papadopoulos, pleaded guilty to lying to FBI investigators.
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