Business

New Delhi, Jun 11 (PTI) The Congress on Tuesday slammed the government over the issue of price rise, alleging that the people are in distress but those in power are enjoying themselves.

Congress' chief spokesperson Randeep Surjewala said the new government has brought an increase in prices.

"Prices of food items have witnessed a jump. The home budget has been disturbed. Spending has gone up and savings have decreased...People are in distress and those in power are enjoying themselves," he tweeted.

Kolkata, Jun 11 (PTI) Chief Minister Mamata Banerjee on Tuesday said West Bengal might well be politically unpeaceful, but it is not a "bad state" on the economic front.

Banerjee also said the state has changed "absolutely" in the past eight years since the Trinamool Congress came to power

"Politically you can say that Bengal is not peaceful.... But on the economic front, it is not a bad state

Some people are carrying out the propaganda that Bengal is a bad state and not peaceful," she said.

SAN DIEGO (AP) — In a cramped San Diego courtroom, immigrant mothers cradled restless babies and toddlers as they waited to go before a judge. After a quick exchange, they were whisked back to Mexico where they face months, or possibly years, before their cases play out in the U.S.

Hundreds of miles away, a judge in El Paso, Texas, noticed that an infant was fussing and let the child’s mother stand up and burp the baby before shipping her and about a dozen others, including six pregnant women, back to the Mexican border city of Juarez.

WASHINGTON (AP) — The meeting between acting Defense Secretary Patrick Shanahan and his Chinese counterpart began with all the hallmarks of a routine staged and scripted session between two uneasy rivals.

First came the posed photo, as the two men shook hands with broad smiles in front of their nations’ flags, and then they moved quickly into the hotel conference room, surrounded by staff. There, Shanahan presented Chinese Defense Minister Wei Fenghe with a gift.

TOKYO (AP) — Shares were mostly lower in Asia on Wednesday and Hong Kong’s Seng index tumbled 1.7% as thousands continued protests against proposed legislation that many city residents fear could further erode the territory’s legal autonomy.

Renewed jitters over the trade war between the U.S. and China were weighing on sentiment, pulling shares slightly lower on Wall Street, where benchmarks fell for the first time in six days.

WASHINGTON (AP) — President Donald Trump’s aggressive and wildly unpredictable use of tariffs is spooking American business groups, which have long formed a potent force in his Republican Party.

Corporate America was blindsided last week when Trump threatened to impose crippling taxes on Mexican imports in a push to stop the flow of Central American migrants into the United States.

Washington, Jun 11 (PTI) US President Donald Trump said that even though India has reduced its import tariff on American motorcycles from 100 percent to 50 percent, it is still too high and not acceptable to him.

Trump said the United States, under his leadership, is a country that can no longer be fooled. "We're not the foolish country that does so badly. You look at India, very good friend of mine, Prime Minister (Narendra) Modi, you take a look at what they've done, 100 percent tax on a motorcycle. We charge them nothing," Trump told CBS news in an interview on Monday.

Washington, Jun 11 (PTI) US President Donald Trump said China will be left with no other option but to enter into a trade deal with the United States because his increased tariffs on Chinese products is having an impact on its economy.

"The China deal is going to work out. You know why, because of tariffs, because right now China is getting absolutely decimated by companies that are leaving China going to other countries, including our own, because they don't want to pay the tariffs," Trump told CBS news in an interview.

WASHINGTON, June 10 (Xinhua) -- U.S. President Donald Trump said on Monday that tariffs on Mexican goods "will be reinstated" if Mexico's Congress doesn't approve an immigration deal between the United States and Mexico.

"We have fully signed and documented another very important part of the Immigration and Security deal with Mexico, one that the U.S. has been asking about getting for many years. It will be revealed in the not too distant future and will need a vote by Mexico's Legislative body!" Trump tweeted.

TEHRAN, June 10 (Xinhua) -- Iranian Foreign Minister Mohammad Javad Zarif on Monday urged the European signatories to the 2015 Iranian nuclear deal to implement their nuclear obligations in supporting Iran's economic interests.

"Implementing the nuclear deal, or the Joint Comprehensive Plan of Action (JCPOA), is all I expect the Europeans to do," Zarif said at a joint press conference with visiting German Foreign Minister Heiko Maas in the capital Tehran.