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US imposes new duties on Canadian softwood lumber (06:14)
Washington, June 28 (IANS) The US government is imposing new anti-dumping duties on softwood lumber imported from Canada, with the move coming less than two months before the start of negotiations among Washington, Ottawa and Mexico City to overhaul the North American Free Trade Agreement (NAFTA).

IMF cuts 2017 economic growth forecast for US (04:50)
Washington, June 28 (IANS) The International Monetary Fund revised its 2017 gross domestic product (GDP) growth forecast for the US downward from 2.3 per cent to 2.1 per cent, citing the Trump administration's inability to implement its economic policies.

Queen Elizabeth II gets 8% pay rise to $104.9 mn for 2018-19 (03:06)
London, June 28 (IANS) Britain's Head of State is to receive from the State an 8-per cent pay rise, up to a total of 82.2 million pounds ($104.9 million) to help cover her costs in 2018-19, the Royal Palace said.

Modi invites Dutch investors to India (00:32)
The Hague, June 28 (IANS) Prime Minister Narendra Modi on Tuesday invited Dutch businesses, particularly its pension funds, to invest in India "where doing business is being rapidly eased" through a series of economic reforms.

In Netherlands, Modi pitches for women empowerment in India (00:06)
The Hague, June 28 (IANS) Prime Minister Narendra Modi on Tuesday made a strong pitch for women's empowerment, saying he is working for a women-led development of India.

Bengal to write to Centre seeking deferment of GST rollout (23:40)
Kolkata, June 27 (IANS) The West Bengal government will write to the Centre seeking postponement of the July 1 start to the Goods and Services Tax (GST) regime, as "small and medium traders are not yet prepared for the new tax system", a state minister said here on Tuesday.

Provisioning for large NPAs not to impact earnings: SBI (23:12)
Mumbai, June 27 (IANS) Lending major SBI on Tuesday said it may have to make a little more provisioning towards large NPA (non-performing asset) accounts referred by the RBI for resolution and that this should not "badly impact" earnings.

Congress accuses BJP of 'thousands of crores' of corruption (22:52) IANS Photo Service
New Delhi, June 27 (IANS) The Congress on Tuesday accused the BJP government of indulging in "massive corruption of thousands of crores by exempting some foreign companies, including four Chinese firms, from paying anti-dumping duty on soda ash".

Boeing 737 MAX aircraft to join fleet by 2018: SpiceJet (22:20) IANS Photo Service
New Delhi, June 27 (IANS) Budget passenger carrier SpiceJet on Tuesday said that new aircraft under "a large order" placed with Boeing will start to join its fleet by mid-2018.

States' finances worsened due to Centre's discom debt restructuring (22:10) IANS Photo Service
New Delhi, June 27 (IANS) The major reason for the worsening of states' finances in India are the electrification programmes of the central government, former Reserve Bank of India Governor Y.V. Reddy said on Tuesday.

L&T's construction arm bags orders worth Rs 2,552 cr (22:04)
Mumbai, June 27 (IANS) India-based multinational L&T on Tuesday said its construction arm has bagged orders worth Rs 2,552 crore across various business segments.

India, Netherlands reaffirm commitment to combat terrorism (Roundup) (21:58) IANS Photo Service
The Hague, June 27 (IANS) Following delegation-level talks headed by Prime Minister Narendra Modi and his Dutch counterpart Mark Rutte, India and the Netherlands on Tuesday reaffirmed their commitment to combat terrorism and prevent radicalisation that could lead to violent extremism and called for a collective effort by the international community against this scourge.

Heavy rain in Maharashtra, Nagpur turns into 'Venice' (21:22) IANS Photo Service
Mumbai, June 27 (IANS) Heavy rain lashed Mumbai and other parts of Maharashtra on Tuesday leading to flooding in several cities, including Nagpur, which resembled Venice -- the Italian city known for its maze of canals -- on Tuesday.

India, US to review trade relations to increase market access (21:20) IANS Photo Service
Washington, June 27 (IANS) The United States and India plan to undertake a comprehensive review of trade relations to expedite regulatory processes and increase market access in areas such as agriculture, information technology, and manufactured goods and services, according to a joint statement.

Pakistan put on notice on terrorist havens after Modi, Trump meeting (Night Lead) (21:16) IANS Photo Service
Washington, June 27 (IANS) Pakistan was put on notice by the US and India who called for rooting out terrorists' safe havens and to fight groups, including Pakistan-based Jaish-e-Mohammad, Lashkar-e-Taiba and D-company, even as the two countries decided to broaden their strategic, defence and economic relationship.

China woos Indian firms to invest in its big data zone (20:38)
Bengaluru, June 27 (IANS) A Chinese delegation on Tuesday beckoned Indian IT firms to invest in its national big data pilot zone in Guizhou province.

Location of world's highest rail track to be decided by 2019: Prabhu (20:20) IANS Photo Service
Leh/New Delhi, June 27 (IANS) Railway Minister Suresh Prabhu on Tuesday said that the survey work for laying the world's highest railway track will be conducted by March, 2019.

Goa citizens' collective warns Gadkari over coal berths expansion (19:54) IANS Photo Service
Panaji, June 27 (IANS) Accusing Union Minister Nitin Gadkari of slighting "popular opposition" against the proposed redevelopment of two coal berths at Goa's only major port, a citizen's collective on Tuesday threatened an agitation if the coal-handling berths at the Mormugao Port Trust were expanded.

'Finishing school' programme for Odisha engineering students (19:52)
Bhubaneswar, June 27 (IANS) In order to make engineering students industry ready, the Odisha government has started a 'finishing school', a specialised and dedicated programme for the students, said an official on Tuesday.

Haryana launches portal to purchase land for development projects (19:36) IANS Photo Service
Chandigarh, June 27 (IANS) Haryana Chief Minister Manohar Lal Khattar on Tuesday launched "ebhoomiharyana.org.in" -- a web portal for purchase of land voluntarily offered to the government for development projects.

Gadkari urges states to promote cruise tourism (19:34) IANS Photo Service
New Delhi, June 27 (IANS) Union Minister Nitin Gadkari on Tuesday urged the state governments to promote cruise tourism by developing and marketing their tourist attractions, saying it will create lakhs of jobs and boost the economy.

OnePlus 5 now available on open sale (19:16) IANS Photo Service
New Delhi, June 27 (IANS) Chinese smartphone OnePlus 5 will be available on open sale starting Tuesday on online marketplace Amazon.in and oneplusstore.in, the company said in a statement.

Coca-Cola hikes fizzy drinks prices, slashes Kinley rates (19:12) IANS Photo Service
New Delhi, June 27 (IANS) Beverages major Coca-Cola India on Tuesday announced that prices of its packaged drinking water brand Kinley will be cut while aerated drinks will get slightly more expensive.

EU fines Google record $2.7 billion for abusing search monopoly (Second Lead) (19:10) IANS Photo Service
London, June 27 (IANS) The European Union Commission on Tuesday slapped technology giant Google with a record fine of 2.42 billion euros or $2.7 billion for breaching European Union (EU) antitrust rules by abusing the monopoly it enjoys over internet search.

50,000 Delhi cloth shops down shutters to protest GST (18:44)
New Delhi, June 27 (IANS) Around 50,000 wholesale cloth shops were shut in the national capital on Tuesday in protest against the Goods and Services Tax (GST) that is to roll out from July 1.

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