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In return, the United States would suspend tariffs on Chinese goods due to go into effect on Sunday and reduce others, US officials said. (Photo: Representational)
US China trade deal cuts tariffs for Beijing promise of big farm purchases
14 Dec 2019 1:19 PM

Beijing has agreed to import at least USD 200 billion in additional US goods and services over the next two years.

We had GST (goods and services tax). We had IBC (insolvency and bankruptcy code). All these reforms have been implemented in last three years. And as a result, we are in a transition period. A lot of cleanup has happened in the corporate sector, said SBI Chairman Rajnish Kumar. (Photo: File)
Indian economy in transition phase, growth to come back: SBI Chairman
24 Oct 2019 12:37 PM

Growth can come back. Because of a lot of (reforms), economy is in transition, said SBI chief Rajnish Kumar.

It (India) is one of the fastest growing (economies) even today. It has the best skilled manpower and a government that is continuously doing what is required in the name of reforms, above all democracy and rule of law, FM Nirmala Sitharaman said on Wednesday. (Photo: File)
No better place to invest than in India: FM Nirmala Sitharaman
17 Oct 2019 8:56 AM

She assured international investors at an interaction session that the government was continuously working to bring reforms.

US Treasury Secretary Steven Mnuchin said he had not seen the new IMF forecast, but did not expect the impact to be as significant in the United States. (Photo: Representational)
US, China trade war could lower global GDP by 0.8 per cent in 2020: IMF
13 Sep 2019 11:57 AM

IMF spokesman Gerry Rice said trade tensions were beginning to affect a world economy already many facing challenges.

The return of USD 1 trillion annual deficits comes despite President Donald Trump's vow when running for office that he would not just balance the budget but pay down the entire national debt. (Photo: File)
Report shows US deficit to exceed USD 1 trillion next year
22 Aug 2019 5:49 PM

Federal debt, which is already high by historical standards, is on an unsustainable course, said Phillip Swagel of CBO.

Latest data from the US Treasury Department showed that Japan was the largest holder, with holdings of American government securities worth USD 1.122 trillion, followed by Mainland China whose exposure stood at USD 1.112 trillion. (Photo: Representational)
India's holding of US govt securities jumps to USD 162.7 bln
18 Aug 2019 4:08 PM

Among the major foreign holders of the Treasury securities, India was at the 13th position with holding to the tune of USD 162.7 billion.

Facebook agreed to all this in order to settle Federal Trade Commission (FTC) charges that the company violated a 2012 FTC order by deceiving users about their ability to control the privacy of their personal information. (Representational Image)
Facebook agrees to pay USD 5 billion penalty for privacy violations
25 Jul 2019 12:16 PM

In addition to paying the penalty, Facebook has agreed to new restrictions and a modified corporate structure.

In a split decision by the FTC, two members said the penalty was insufficient. (Photo: File | AP)
US imposes record USD 5 bn fine, restrictions on Facebook in privacy probe
24 Jul 2019 7:24 PM

Federal Trade Commission said the penalty was the largest ever imposed on any company for violating consumers' privacy.

The deal, which follows a lengthy investigation by the Federal Trade Commission (FTC), allows Facebook to avoid prosecution for its data protection lapses. (Photo: File | ANI)
Is a USD 5 billion fine the least painful part of Facebook's settlement?
24 Jul 2019 2:46 PM

The real question, remains what type of restrictions and requirements will be placed on FB to ensure future compliance.

The US remains the single-largest export market for the Indian IT industry.
Nasscom takes SME delegation to US to strengthen strategic alliances
24 Jul 2019 12:57 PM

In a one-of-its-kind engagements programme, the delegation of small and medium enterprises visited several states in the US.

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