Business

Chandigarh, Dec 1 (PTI) Yoga guru Ramdev on Tuesday came out in support of the Centre's new farm laws being stiffly opposed by the farmers, but said the government should have initiated wider consultations with ryots before framing the legislations.

Ramdev called on Haryana's Home and Health Minister Anil Vij at his office here on Tuesday.

Noida (UP), Dec 2 (PTI) Farmers protesting against the new farm laws continued their sit-in at the Noida-Delhi border for the second day on Wednesday, leading to closure of a key route that connects Uttar Pradesh with the national capital.

The Noida Traffic Police has advised commuters travelling to Delhi to avoid using the Chilla route and instead take the DND or Kalindi Kunj route.

30 Nov 2020; MEMO:  At its summit next month, the EU will assess its relations with Turkey not over one action, but on Turkey's actions over a period of time, said an EU spokesperson on Monday, reports Anadolu Agency.

Asked about Turkey bringing a ship back to port on Monday after it completed part of its energy research mission – a mission the EU has long objected to – Peter Stona told a news conference that what the EU expects from Turkey, and its timeline, are very clear.

Nagpur, Dec 1 (PTI) Workers of the Swabhmani Shetkari Sanghatana on Tuesday staged demonstrations in Maharashtra's Nagpur city in support of the farmers' agitation in Delhi against the Centre's new farm laws.

Thousands of farmers have been protesting at various border points of Delhi for the last six days to protest against the new farm laws, which they fear will dismantle the minimum support price system and corporatise farming.

BEIJING (AP) — Asian stocks rose Tuesday after Chinese manufacturing improved, with investors looking ahead to U.S. Federal Reserve Chairman Jerome Powell’s appearance before legislators.

Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney advanced.

Wall Street’s benchmark S&P 500 index closed down 0.5% overnight but ended November up 10.8% for its biggest monthly gain since April.

30 Nov 2020; AA: Turkey's exports rose 5.6% to reach $17.33 billion in October, on a yearly basis, the country's statistical authority announced on Monday.

The country's imports also posted an increase of 8.4% to reach $19.7 billion in the same month versus October 2019.

Meanwhile, the foreign trade deficit was at $2.37 billion, up 34.4% annually.

The export-import coverage ratio was 88% in October, down from 90.3% in the same month in 2019.

29 Nov 2020; MEMO: White House senior adviser Jared Kushner and his team are headed to Saudi Arabia and Qatar this week for talks in a region simmering with tension after the killing of an Iranian nuclear scientist, Reuters reports.

New Delhi, Nov 29 (PTI) The combined market valuation of five of top-10 most valued firms declined by Rs 91,699 crore last week, with heavyweight Reliance Industries emerging as the worst hit.

While Reliance Industries Ltd (RIL), Infosys, HDFC, ICICI Bank and Bharti Airtel suffered losses in their market valuation, Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Limited, Kotak Mahindra Bank and Bajaj Finance were the gainers.

New Delhi, Nov 29 (PTI) The Reserve Bank is likely to keep the benchmark interest rates unchanged in its next monetary policy review in view of heightened retail inflation which has persistently remained above its comfort level, feel experts.

However, with the economic growth continuing to remain in the negative territory for the second consecutive quarter ending September, the central bank is likely to continue with the accommodative monetary stance keeping the hope alive for a rate cut as and when needed.

RIO DE JANEIRO, Nov. 29 (Xinhua) -- Sales of Brazilian wines have risen to a new record high this year, benefiting local producers, consulting firm Ideal Consulting told Xinhua recently.

"With the closure of bars and restaurants (due to the pandemic), and the events sector as a whole paralyzed, people began to consume wine at home. Although with the reopening, this trend should be reduced," said Felipe Galtaroca, the general director of the company.