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The government is expected to provide tax incentives to startups in the forthcoming Budget to support the growth of budding entrepreneurs The post Budget 2020: Startups expect slew of sops from tax cuts to simplification of GST filing systems from finance minister appeared first on Firstpost. from Firstpost https://ift.tt/38T4i...

Chennai had not lost to Bagan in the previous edition where they emerged champions, but this year's form was clearly in favour of the visitors going into the game. The post I-League 2019-20: Papa Diawara’s brace inspires Mohun Bagan to thrilling victory over Chennai City FC to consolidate top spot appeared first on Firstpost. from Firstpost https://ift.tt...

Finance Minister Nirmala Sitharaman, who will present her second full-year annual budget to parliament, could defer the earlier target of cutting the deficit to 3 percent of gross domestic product in 2020/21 by at least two years The post Budget 2020 likely to increase govt spending on infra, offer tax incentives to get growth back from lowest in decade appeared...

By Katie Paul SAN FRANCISCO (Reuters) - Facebook Inc said it will take down misinformation about China's fast-spreading coronavirus, in a rare departure from its usual approach to dubious health content that is presenting a fresh challenge for social media companies. The coronavirus outbreak has stoked a wave of anti-China sentiment around the globe. Hoaxes...

By Lisa Baertlein (Reuters) - Amazon.com Inc's rapid expansion of one-day shipping delivered a strong holiday quarter and showed the rising ambition of the company, which in six years has created a network that handles nearly as many packages as FedEx Corp . The post Amazon holiday quarter delivers, threatens profit squeeze for UPS and FedEx appeared first on...

By Manoj Kumar NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi's government is likely to increase state spending on infrastructure and offer some tax incentives in its 2020/2021 budget on Saturday, aiming to get growth back up from its lowest in a decade. In its annual economic report, released on Friday, the government predicted that economic growth...

By Andrea Shalal WASHINGTON (Reuters) - A future U.S.-UK trade agreement must incorporate strong provisions on worker rights, environmental protection, and enforcement to ensure bipartisan support, U.S. House Ways and Means Committee Chairman Richard Neal said on Friday, staking out a claim for Congress to help shape any such accord. Neal, a Democrat, said he...

Union Budget 2020: वित्त मंत्री निर्मला सीतारमण अब से कुछ देर बार लोकसभा में आम बजट को पेश करेंगी. आर्थिक... from आज तक https://ift.tt/31bII...

जैकी ने शुरू में कुछ विज्ञापनों में काम किया था और बाद में जब फिल्ममेकर सुभाष घोष ने फिल्म हीरो... from आज तक https://ift.tt/2S7qL...

By April Joyner NEW YORK (Reuters) - Concerns over the outbreak of coronavirus from China have largely overshadowed corporate results, but the back half of the earnings season could hold greater sway over the performance of individual stocks. Earnings-related stock moves have been smaller this season in comparison with the average over the past 12 quarters,...

(Reuters) - Some companies have warned that a coronavirus outbreak in China that has killed more than 200 people and infected thousands could disrupt supply chains or hurt bottom lines as factories and shops shut and airlines suspend flights. FINANCIAL IMPACT: - Electrolux said the epidemic could have a material impact if its Chinese suppliers were further affected...

(Reuters) - Airlines are suspending flights to China in the wake of the new coronavirus outbreak, which as of Friday had killed more than 200 people and infected nearly 10,000 people. Here is the latest on their plans (in alphabetical order): AIR CANADA Air Canada said on Jan The post Factbox: Airlines suspend China flights because of coronavirus outbreak appeared...

MEXICO CITY (Reuters) - Mexico is negotiating with Brazil to expand economic cooperation and believes it can find areas of mutual benefit even though the Brazilian economy is "very closed," Economy Minister Graciela Marquez said on Friday. Mexico's powerful automotive industry has for years been seeking to improve access to Brazil's car market, while Brasilia...

By Andrea Shalal WASHINGTON (Reuters) - A future U.S.-UK trade agreement must incorporate strong provisions on worker rights, environmental protection, and enforcement to ensure bipartisan support, U.S. House Ways and Means Committee Chairman Richard Neal said on Friday, staking out a claim for Congress to help shape any such accord. The post Future U.S.-UK...

CARACAS (Reuters) - Venezuela will begin applying an extra sales tax on purchases of goods using foreign currency under a law approved this week by the government-controlled Constituent Assembly. Venezuelans have increasingly taken to using dollars or euros for day-to-day transactions, as hyperinflation erodes the value of the crisis-torn country's bolivar currency....

By Jennifer Hiller HOUSTON (Reuters) - Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S. The post Exxon, Chevron results augur tough year ahead, shares drop appeared first on Firstpost. from Firstpost https://ift.tt/2GKdH...

RIO DE JANEIRO (Reuters) - The Brazilian government will seek to strike a Mercosul-United Kingdom trade deal post Brexit that could be similar to the trade agreement signed between the South American bloc and the European Union, a Brazilian official said on Friday. Brazil's Foreign Trade Secretary Marcos Troyjo said Brazil is very interested in a trade deal...

WASHINGTON (Reuters) - President Donald Trump signed an executive order on Friday aimed at preventing counterfeit products from abroad from being sold to U.S. citizens who shop online using Amazon.com , Walmart.com or other ecommerce websites, the White House said. Presidential trade adviser Peter Navarro urged Amazon, Walmart and digital commerce sites to take...

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(Reuters) - Walt Disney Co said Hulu Chief Executive Officer Randy Freer was stepping down on Friday, as Disney integrates Hulu's operations with its direct to consumer and international business. Earlier last year, Disney had said it would take full control of the Hulu service in a deal with Comcast Corp , as it vies for a bigger piece of the global video streaming...

(Reuters) - More Republicans announced opposition on Friday to calling witnesses in President Donald Trump's U.S. The post ‘No fair trial’: Quotes from Trump’s Senate impeachment trial appeared first on Firstpost. from Firstpost https://ift.tt/37Qgk...

LONDON (Reuters) - The United Kingdom finally cast off from the European Union on Friday for an uncertain Brexit future, turning its back on post-World War Two attempts to unite the once warring nations of Europe into a global power. In its biggest geopolitical shift since the loss of its sprawling empire, the United Kingdom slipped away at 2300 GMT - ending...

(Reuters) - A coronavirus outbreak that began in Wuhan, the capital of China's central province of Hubei, has spread to more than 9,800 people globally, surpassing the total from the 2002-2003 SARS epidemic. The new virus has killed 213 people. Here is what we know: - There are 131 confirmed cases in 23 countries and regions outside mainland China, including...

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उर्मिला मातोंडकर ने कहा कि 1919 में दूसरा विश्वयुद्ध खत्म होने के बाद ब्रिटिशर्स को पता था कि हिंदुस्तान में... from आज तक https://ift.tt/2GCZP...

Economic Survey of India: बजट से ठीक एक दिन पहले पेश किया जाने वाला ये आर्थिक सर्वे काफी महत्वपूर्ण होता... from आज तक https://ift.tt/2vCEV...

By Hyunjoo Jin SEOUL (Reuters) - South Korea's SK Hynix , a chip supplier to Apple Inc and Huawei, on Friday warned of growing uncertainties, after posting its lowest quarterly profit in seven years, hit by a protracted industry downturn. The post SK Hynix posts lowest profit in 7 years, warns of growing uncertainties appeared first on Firstpost. from Firstpost...

By Munsif Vengattil (Reuters) - International Business Machines Corp Chief Executive Officer Ginni Rometty will hand over the reins to the head of the company's cloud business, as the pioneer tech company continues its efforts to rejuvenate itself. The company was a late entrant to the business of cloud services, a segment now dominated by Amazon.com Inc and...

SEOUL (Reuters) - South Korea's SK Hynix , a chip supplier to Apple Inc and Huawei, said on Friday its fourth-quarter operating profit slumped 95%, missing analysts' estimates, as chip prices were hit by oversupply and weaker demand. SK Hynix, the world's No. 2 memory chip maker after Samsung Electronics , said its operating profit was 236 billion won (154 million...

By Ted Hesson WASHINGTON (Reuters) - U.S. President Donald Trump promised on Thursday during a speech in Michigan to reverse course on some deportations of Iraqi Christians whom his administration sought to remove earlier in his term, but gave no specifics The post Trump vows to reverse course on deportations of Iraqi Christians appeared first on Firstpost. from...

SEOUL (Reuters) - A charter flight carrying 367 South Koreans from Wuhan, the epicentre of a virus outbreak in China, landed at the Gimpo International Airport on Friday, South Korea's foreign ministry said. The post Charter flight carrying South Koreans from Wuhan arrives home appeared first on Firstpost. from Firstpost https://ift.tt/37Iwa...

SHANGHAI (Reuters) - Health authorities in Hubei, the Chinese province at the centre of the coronavirus epidemic, said on Friday that deaths from the disease had risen to 204, a sharp increase that underscores concerns about the virus from global health officials. The World Health Organization (WHO) said late Thursday that it was declaring the outbreak a global...

(Reuters) - One of 195 Americans evacuated from Wuhan, China, to a U.S. air base in California to begin 72 hours of voluntary observation for signs of coronavirus infection was placed under mandatory quarantine after trying to leave the facility, public health officials said on Thursday The post U.S. coronavirus evacuee from China placed under quarantine order...

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जामिया इलाके में हुई फायरिंग को लेकर दिल्ली की सत्ता में काबिज आम आदमी पार्टी ने भारतीय जनता पार्टी... from आज तक https://ift.tt/2U7Jtx...

SEOUL (Reuters) - South Korea's SK Hynix , a chip supplier to Apple Inc and Huawei, said on Friday its fourth-quarter operating profit slumped 95%, missing analysts' estimates, as chip prices were hit by oversupply and a demand slowdown. SK Hynix, the world's No The post SK Hynix fourth-quarter profit tumbles 95%, hit by prolonged chip downturn appeared first...

SEOUL (Reuters) - Apple supplier LG Display Co Ltd reported its fourth quarterly operating loss in a row on Friday, hit by lower liquid crystal display (LCD) panel prices and restructuring costs. The South Korean company posted a loss of 422 billion won (275.1 million pounds) in the October-December quarter, compared with an operating profit of 279 billion won...

By Jeffrey Dastin and Akanksha Rana (Reuters) - Amazon.com Inc on Thursday posted holiday quarter results well above expectations as the expansion of its one-day shipping program came under budget and membership in its Prime loyalty club notched a 50% rise in two years. Shares soared 13% in after-hours trade, putting the online retailer back in the $1 trillion...

By Joseph Menn and Jack Stubbs (Reuters) - The FBI is investigating the role of Israeli spyware vendor NSO Group Technologies in possible hacks on American residents and companies as well as suspected intelligence gathering on governments, according to four people familiar with the inquiry. The probe was underway by 2017, when Federal Bureau of Investigation...

By Humeyra Pamuk and John Irish WASHINGTON/PARIS (Reuters) - The Trump administration on Thursday said it will allow Russian, Chinese and European companies to continue their work at Iranian nuclear sites, arguing that their presence makes it harder for Tehran to develop nuclear weapons. But the United States also imposed sanctions on Iran's Atomic Energy Organisation...

TUNIS (Reuters) - President Kais Saied of Tunisia, an ally of the United States, said on Thursday that the new U.S. plan for peace between Israel and the Palestinians is the "injustice of the century". Tunisia is serving a two-year term on the United Nations Security Council and Palestinian President Mahmoud Abbas will speak in the Council in the next two weeks...

WASHINGTON (Reuters) - The head of the U.S. House Judiciary panel said it might be a good idea for the House of Representatives to subpoena President Donald Trump's former national security adviser John Bolton if the Senate does not call him as an impeachment trial witness, CNN reported. "If tomorrow’s vote fails, they will not permit him or anyone else to testify The...

WASHINGTON (Reuters) - The fast-spreading coronavirus, which has killed 170 people in China and infected six in the United States, should have little impact on the U.S. The post Coronavirus to have little impact on U.S. economy – Trump adviser appeared first on Firstpost. from Firstpost https://ift.tt/2GFte...

LONDON (Reuters) - Britain has increased the perceived risk level to the country from an outbreak of coronavirus in China to moderate from low, indicating the government should plan for all eventualities. The UK Chief Medical Officers said in a statement they had changed the risk level in light of the increasing number of cases in China, and because they consider...

SYDNEY (Reuters) - Firefighters will struggle to contain deadly fires as soaring temperature and strong winds stoke the threat of more blazes across Australia's east coast, authorities said on Friday Since September, Australia has been battling bushfires that have killed 33 people and an estimated 1 billion native animals, while 2,500 homes as more than 11.7...

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Delhi Election 2020: दिल्ली के जोरबाग में एक चुनावी सभा को संबोधित करते हुए गृह मंत्री अमित शाह ने केजरीवाल... from आज तक https://ift.tt/2td1f...

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Carabao Cup 2019-20: Nemanja Matic scored the only goal of the match as Manchester United beat Manchester City at Etihad Stadium but lost the tie 3-2 on aggregate. from Top Football News- News18.com https://ift.tt/2Gw3O...

The agency found that the loans were diverted between 2011 and 2016 and the 79 companies were allegedly associated with the promoters of DHFL The post DHFL diverted Rs 12,773 cr to 79 companies via 1 lakh fictitious retail customers as loans, says ED appeared first on Firstpost. from Firstpost https://ift.tt/37C7r...

By Nelson Renteria SAN SALVADOR (Reuters) - The U.S. State Department on Wednesday issued a public designation for 13 current and former Salvadoran military officials for what it called gross human rights violations during El Salvador's civil war three decades ago. Issued for their alleged involvement in the planning and execution of the extrajudicial killings...

By Jeff Mason WASHINGTON (Reuters) - The White House has informed former national security adviser John Bolton that his book manuscript appeared to contain "significant amounts of classified information" and could not be published in its current form. The letter from the White House National Security Council to Bolton's attorney, Charles Cooper, and seen by...

MEXICO CITY (Reuters) - Three prisoners wanted by the United States for their links to drug trafficking, including an alleged associate of the sons of Mexican drug lord Joaquin "El Chapo" Guzman, on Wednesday escaped from a Mexico City prison, authorities said. The post Suspected associate of El Chapo’s sons flees Mexico City prison appeared first on Firstpost. from...

PARIS (Reuters) - France has confirmed a fifth case of infection by the new coronavirus from China, the French health minister said on Wednesday, adding the patient was the daughter of an 80-year-old man already hospitalized with the disease. Agnes Buzyn also said the first flight, which will later repatriate French nationals from the Chinese town of Wuhan -...

By Omar Younis (Reuters) - Nearly 200 American citizens airlifted from China in the midst of the coronavirus outbreak arrived on Wednesday at a U.S. military base in California, where they will remain isolated for at least 72 hours of medical evaluation, public health officials said. The group, mostly U.S The post U.S. evacuees from China placed under 72-hour...

By Katie Paul and Munsif Vengattil (Reuters) - Facebook Inc said on Wednesday that growth would continue to slow as its business matured and reported a surge in quarterly expenses, disappointing Wall Street expectations that the costs of improving privacy would level off. The news raised concerns that Facebook's best days were behind it, and shares of the world's...

SEOUL (Reuters) - Samsung Electronics Co said on Thursday its fourth-quarter operating profit slid by a third as the South Korean conglomerate soaked up a downturn in the memory chip market, but forecast a gradual recovery in chip prices this year. The world's biggest memory chip and smartphone maker reported operating profit of 7.16 trillion won (4.7 billion...

By Costas Pitas LONDON (Reuters) - British car output dropped last year at the fastest rate since the 2008-9 recession, hit by slumping exports and diesel demand, as an industry body called for an ambitious post-Brexit trade deal to protect the sector. Investment, however, nearly doubled to 1.1 billion pounds ($1.5 billion) due to a decision by Jaguar Land Rover...

By Ann Saphir SAN FRANCISCO (Reuters) - While the overall U.S. response to climate change is up to elected officials, Federal Reserve Chair Jerome Powell said on Wednesday, the Fed can play a part in keeping global warming from destabilising U.S. banks and financial markets The post Fed has a role in combating climate change risk, Powell says appeared first...

By Lisa Baertlein LOS ANGELES (Reuters) - United Parcel Service Inc said on Wednesday it was ordering 10,000 electric delivery trucks from UK-based Arrival Ltd and teaming with self-driving startup Waymo as package carriers work to cut costs and tailpipe pollution. The post UPS inks electric van deal with Arrival, to test Waymo automation appeared first on Firstpost. from...

By David Shepardson WASHINGTON (Reuters) - U.S. House Democrats on Wednesday unveiled a proposed $760 billion (578 billion pounds) infrastructure spending bill over five years that aims to rebuild sagging roads and bridges and reduce carbon pollution. The proposal is intended to get U.S. The post U.S. House Democrats call for $760 billion in infrastructure spending...

(Reuters) - Jaguar Land Rover's Chief Executive Officer Ralf Speth will step down in September when his contract ends, but will retain an advisory role at the British carmaker, the Financial Times reported on Wednesday. An announcement could be made on Thursday, the newspaper said, citing sources. Speth will focus on his position on the board of Tata Sons, the...

By Katie Paul and Munsif Vengattil (Reuters) - Facebook Inc said on Wednesday that growth would continue to slow as its business matured and it reported a surge in quarterly expenses, disappointing Wall Street expectations that the costs of improving privacy would level off. Shares of the world's biggest social network dropped 7.2% in extended trading. Total...

By Foo Yun Chee BRUSSELS (Reuters) - The European Union has scrapped the possibility of a ban on facial recognition technology in public spaces, according to the latest proposals seen by Reuters. An earlier draft by the European Commission had broached the idea of a moratorium of up to five years to give the bloc time to work out how to prevent abuses. The post...

(Reuters) - PayPal Holdings Inc reported a 13% fall in fourth-quarter profit on Wednesday, as it spent more on acquisitions and technology. The post PayPal posts 13% fall in quarterly profit appeared first on Firstpost. from Firstpost https://ift.tt/2GBmD...

By Ann Saphir and Lindsay Dunsmuir SAN FRANCISCO/WASHINGTON (Reuters) - The outbreak of a new virus that originated in the central-Chinese city of Wuhan is likely to slow China's economic growth at least in the near term and could hurt its trading partners around the world. The potential effects of the spread of the coronavirus, which has sickened more than...

(Reuters) - Oreo maker Mondelez Inc said on Wednesday it expects a hit to its first quarter revenue from a new coronavirus outbreak in China which has killed over 130 people. Chief Executive Officer Dirk Van de Put said it was still too early to quantify the impact The post Mondelez sees first quarter revenue hit on coronavirus outbreak appeared first on Firstpost. from...

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Sharing a letter he had written to co-trustees of KK Modi Family trust ahead of a meeting of the board of trustees on 30 November, 2019, in which he proposed selling of various assets including family-controlled businesses, Modi termed clarification by Godfrey Phillips as "a complete eyewash". The post Godfrey Philips denies promoters selling stake; Lalit Modi...

(Reuters) - The UK will introduce a bill that aims to end automatic rights for EU vessels to fish in British waters, the government said on Wednesday. "Legislation creating the powers for the UK to operate as an independent coastal state and manage its fish stocks sustainably outside the EU is being introduced into Parliament today (Wednesday)," the government's...

By Stanley White TOKYO (Reuters) - Asian shares rose on Wednesday as better-than-expected Apple Inc earnings drove some regional tech gains although broader confidence was capped by worries about the economic impact of China's virus outbreak. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2%, ending four days of losses The post Asian stocks...

By Praveen Menon WELLINGTON (Reuters) - New Zealand Prime Minister Jacinda Ardern kicked off her reelection campaign on Wednesday with a NZ$12 billion (6 billion pounds) infrastructure pledge, an investment aimed at dousing criticism of her handling of a housing crisis. Ardern, whose Labour Party's popularity has dropped in recent months although she remains...

(Reuters) - U.S. bank JPMorgan Chase & Co is planning to cut hundreds of jobs across its consumer division, Bloomberg reported https://bloom.bg/2GsDvzw on Tuesday, citing people briefed on the matter. The post JPMorgan plans to cut hundreds of jobs in consumer unit – Bloomberg appeared first on Firstpost. from Firstpost https://ift.tt/2GvJ8...

BEIJING (Reuters) - Japanese carmaker Nissan Motor Co said on Wednesday it planned to sell about 1.6 million vehicles in China, the world’s biggest auto market. Nissan sold 1.55 million vehicles last year in China, down 1.1% from the previous year amid a prolonged auto sales slowdown The post Nissan says it plans to sell 1.6 million cars in China this year appeared...

By Hideyuki Sano TOKYO (Reuters) - Risk currencies steadied on Wednesday as investors took stock of the economic damage from the outbreak of the coronavirus originating in China, with focus on Hong Kong shares that will resume trading later in the day after the Lunar New Year break. As countries step up efforts to contain the spread of the deadly new virus,...

By Liz Lee and Krishna N. Das KUALA LUMPUR (Reuters) - Li Chunrong was hired by Chinese automaker Geely to revive the fortunes of the Proton brand in Malaysia, and it took him two years to eclipse Japanese giants Honda and Toyota. The post Proton-packed Geely takes on Honda and Toyota in Southeast Asia appeared first on Firstpost. from Firstpost https://i...

On the World Trade Organization's (WTO) appellate body for dispute settlement, Goyal said the early restoration of the full strength of the body will help in realising the objectives of the WTO. The post India pitches for elimination of trade-distorting subsidies on agriculture in WTO appeared first on Firstpost. from Firstpost https://ift.tt/3aRUU...

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By Ayanti Bera (Reuters) - EBay Inc forecast first-quarter revenue below analysts' estimates on Tuesday, as the e-commerce company faces fierce competition from Amazon.com Inc and Walmart Inc . Shares of San Jose, California-based eBay were down about 5% after the bell The post EBay forecast disappoints amid competition from Amazon, Walmart appeared first on...

(Reuters) - A Chicago-based U.S. federal district court judge on Tuesday sentenced Navinder Sarao, a London-based trader accused of contributing to Wall Street's 2010 "flash crash", to time already served in jail of four months, with a year of home confinement, Sarao's attorneys said in a statement. Sarao's attorneys at Dechert LLP said https://ift.tt/2vnLk78...

By Stephen Nellis (Reuters) - The iPhone is back. But Apple is girding for more disruptions in virus-hit China. Apple Inc on Tuesday reported sales and profits for the holiday shopping quarter above Wall Street expectations, thanks to rising iPhone sales for the first time in a year and soaring demand for add-ons like AirPods wireless headphones The post Apple’s...

TOKYO (Reuters) - The Bank of Japan ought to conduct a review of its monetary policy framework as the economy suffers prolonged low growth and subdued inflation, one of its board members said in a rate review in January. The post BOJ debated scope for policy review in January – summary appeared first on Firstpost. from Firstpost https://ift.tt/2tOVk...