Business

KANPUR: City’s industrial face will secure a new identity with the railways' dedicated freight corridor planned from Amritsar to Kolkatta, said Union minister of state for railways Manoj Sinha. Speaking at a programme organised at Panki Dham railways station here on Saturday. He reiterated that our union government had augmented investment in the railways. It increased from rupees 39 thousand crores in the year 2004 to 148 thousand crores rupees.

New Delhi, Jan 5 (PTI) Congress president Rahul Gandhi Saturday hit out at Prime Minister Narendra Modi over demonetisation, farm distress and job losses, alleging the PM was an "incompetent man who listens to nobody".

New Delhi, Jan 6 (PTI) A parliamentary panel has asked the Reserve Bank to address the problem of perpetually dysfunctional ATMs so as to avoid any situation of forced cash crunch.

The Standing Committee on Finance has also asked banks to install adequate number of ATMs. The panel tabled its report in Parliament last week.

As per a data of RBI, there were 2,21,492 Automated Teller Machines (ATMs) in the country as at September-end 2018.

ANKARA; 05 Jan 2019; AA: Turkey's aerospace and defense industry exports surged 17 percent year-on-year in 2018.

According to data compiled from Turkish Exporters Assembly by Anadolu Agency, the sector's exports surpassed the target of $2 billion last year, hitting a record high level of $2.035 billion.

The defense and aerospace industry showed the best performance in terms of growing exports, among all sectors in 2018.

05 Jan 2019; DW: The quarter-ton bluefin tuna sold for more than double the previous record. The buyer was a Japanese sushi entrepreneur who calls himself the "Tuna King."

A 278-kilogram (610-pound) bluefin tuna sold for a record 333.6 million yen ($3.1 million, €2.7 million) in the first auction of Japan's new Toyosu market.

The fish, valued at 1.2 million yen per kilogram, was caught off the coast of Japan's main island of Honshu. The buyer was Kiyoshi Kimura, president of the Sushi Zanmai restaurant chain.

CAIRO, Jan. 4 (Xinhua) -- The principles of the China-proposed Belt and Road Initiative (BRI) are almost identical to those of the 17 United Nations Sustainable Development Goals (SDGs), as they both seek to achieve a better and more sustainable future for all, former Egyptian Prime Minister Essam Sharaf told Xinhua in a recent interview.

"The BRI is a practical implementation of the SDGs and turns them from local to international, for the UN set the goals but did not outline a cooperation mechanism between states to achieve them," said Sharaf.

KANPUR: Nearly 51 textile factories will now stop production up to March 4. These industrial units do not have a zero discharge system. The wastes of these plants are directly falling into the Ganges. In absence of non-tapping of the ICI Drain and the Gunda Nullah, the effluents are directly going down through these streams into the Pandu River which later merges into the Ganges. This cannot be allowed until the Kumbh Mela in Allahabad.

04 Jan 2019; AFP: A US government delegation will visit China next week for the first face-to-face talks since President Donald Trump and his Chinese counterpart agreed on a temporary truce in the trade war, Beijing said Friday.

The US and China have exchanged tit-for-tat tariffs on more than $300 billion worth of goods in total two-way trade, locking them in a conflict that has begun to eat into profits and contributed to stock market plunges.

WASHINGTON, Jan. 3 (Xinhua) -- The U.S. House of Representatives passed a spending package late Thursday that would end the partial government shutdown, amid a veto threat from the White House.

The Democrats who control the House passed the bills that would fund the departments of State, Commerce, Agriculture, Labor, Treasury and other agencies through Sept. 30, the end of the current fiscal year.

New Delhi, January 3; GANASHAKTI: India has stopped printing Rs 2,000 notes in a bid to slowly reduce their circulation, a highly placed government source told ThePrint.

The cut in circulation does not mean the Rs 2,000 notes will become invalid. In all likelihood, the denomination will be gradually phased out.

The decision comes on the back of suspicion in the Modi government that the high-denomination banknote was being used for hoarding, tax evasion and money laundering.