Around the Globe

Around the Globe

PM dares Oppn to fight Goa polls on development plank

Prime Minister Narendra Modi on Saturday dared Opposition to fight the upcoming Assembly polls on the development plank instead of raking up minor issues like advancement of the Union budget and election dates

"The Opposition parties are working overtime, more than the efforts put in by Finance Minister to prepare the Budget, to criticise the advancement of budget date. It is an indication that these parties have accepted defeat in the forthcoming polls," he said, addressing an election rally in Goa's capital Panaji

"Trump's policy not to hit Indian IT, pharma firms"

Indian IT, Biotech and pharma industries will not be impacted due to Donald Trump's policies as the US is expected to continue "the commerce-related attitude" towards the country, Union Minister for Chemicals and Fertilizers H N Ananth Kumar on Saturday said.

Trump's immigration order prompts Google to recall travelling

Google's India-born CEO Sundar Pichai on Saturday criticised President Donald Trump's controversial immigration order against people from seven Muslim-majority countries, saying it will create "barriers" to bringing great talent to the US, as the Internet search giant ordered its travelling staff to return to America.

Pichai in an email to staff said the US ban on foreign nationals from seven Muslim-majority countries will hit at least 187 Google employees.

Thankful to Goa for giving a strong Defence Minister: PM

Prime Minister Narendra Modi today heaped praises on Manohar Parrikar, saying he was thankful to Goa for giving 'such a strong' Defence Minister.

"I am thankful to Goa for giving such a strong Defence Minister to the country. Entire world is now discussing surgical strikes," Modi said addressing a BJP rally here.

Before moving to the Centre as a Defence Minister, Parrikar had served as Chief Minister of Goa, after the party secured a mandate in 2012 Assembly polls.

Zuckerberg criticises Trump on immigration

America is a nation of immigrants and should be proud of it, Facebook CEO Mark Zuckerberg said today as he criticised President Donald Trump's decision to severely limit immigrants and refugees from certain Muslim-majority countries.

"Like many of you, I’m concerned about the impact of the recent executive orders signed by President Trump," Zuckerberg wrote on his Facebook page.

Industry 4.0 necessary to hike mfg share in GDP: Experts

Indian industry can not shy away from adopting Industry 4.0 and the country needs to focus on using green technologies and best global practices to increase the share of manufacturing in GDP, experts say.

The government is aiming to increase the share of manufacturing to 25 per cent of GDP from the present 17 per cent, with a view to creating millions of jobs and pushing the country's economic growth.

DGCA bars staff from dealing with airlines employing kin

Cracking down on those violating its ethics code, the Directorate General of Civil Aviation (DGCA) has asked its officials not to deal with airlines in which their son or daughter or other family members are employed. In case a near relative like nephew or niece is employed with an airline, they will have to take permission from their higher-ups to deal with carrier.
As many as 20 senior and mid-level officers have their wards working with private carriers such as Jet Airways, SpiceJet and IndiGo.

Budget: Flagship programme allocation could go up by 30%

Prime minister Narendra Modi’s push for focus on the agriculture and social sector is likely to make its mark on the Union budget 2017-18 with allocation seen to increase by at least 30 per cent in 11 flagship programmes. The allocation in programmes like the Rashtriya Krishi Vikas Yojana, Mahatma Gandhi Rural Employment Guarantee Act (MNREGA) and the Pradhan Mantri Awas Yojana (rural) may increase to nearly Rs 1,50,000 crore in the coming budget from about Rs 1,15,000 crore, sources said. (See table)

Yet another Indian gets key White House post

US president Donald Trump has appointed Indian-American attorney Uttam Dhillon to a key White House position on ethics and compliance matters.
Dhillon, who served as chief oversight counsel for the House of Representatives financial services committee, has been appointed as special assistant to the president.
In this position, he would be part of the legal team to serve under White House counsel Donald F McGahn with respect to compliance and ethics matters.

GST: Tax collectors now threaten non-cooperation

Upset over recent decisions of the GST Council chaired by finance minister Arun Jaitley, associations representing about 70,000 central excise, customs and service tax collectors have warned of a non-cooperation movement.
The indirect tax officers are up in arms against the Centre’s move to allow state authorities controlling 90 per cent assessees below Rs 1.5 crore annual turnover under the new tax structure.