Around the Globe

Around the Globe

Gadkari invites UAE investors for infra development

Inviting UAE investors to join hands with India and be part of its infrastructure growth story, Union Minister Nitin Gadkari today said two mega initiatives worth Rs 24 lakh crore - Sagarmala and Bharatmala - are going to be game changers.

Addressing the India-UAE Business Summit in Dubai via video conferencing, the highways, shipping and river development minister said India is also keen to attract investors from UAE for the Clean Ganga Mission and projects related to it.

First Charges Approved in Mueller Russia Probe, Reports Say

A U.S. grand jury has approved the first charges stemming from special counsel Robert Mueller’s probe into Russian meddling in the 2016 election and possible collusion with Donald Trump’s campaign, according to multiple news reports.

The charges are sealed under orders from a federal judge and it’s unclear who’s implicated, CNN reported, adding that arrests could come as soon as Monday. The Wall Street Journal reported that at least one person has been charged, citing people familiar with the matter that it didn’t identify.

Mandatory use of PFMS to help monitor fund flow to CSS

Finance Minister Arun Jaitley today said the mandatory use of Public Finance Management System (PFMS) will help monitor the flow of funds to beneficiaries of different government welfare schemes.

He was speaking at a function to launch the mandatory use of PFMS for all Central Sector Schemes (CSS), which have a budgetary outlay of Rs 6,66,644 crore.

If You Want to Fly to America, Get Ready to Be Interrogated

Travelers headed to America may be talking more with their airline. The Department of Homeland Security will require carriers to begin asking US-bound passengers additional screening questions on about 2,100 daily flights starting on Thursday. These conversations may include the purpose of a trip, whether a bag has been in the traveler’s possession at all times and other queries the government has not disclosed.

GST unleashed tsunami of tax terror: Rahul Gandhi

Launching a fresh salvo at the ruling BJP, Congress vice president Rahul Gandhi today accused Prime Minister Narendra Modi and his government of "killing" the economy by firing the "double tap" of demonetisation and GST into its heart.

Gandhi also attacked Finance Minister Arun Jaitley over the state of the economy, alleging that while businesses were drowning, the minister had "the nerve to go on TV every other day and say that 'things are just fine'".

Modi and his government had fired a "double tap" at the heart of the economy, he said at an industry event here.

India should shed its reservations over BRI and join it: China

China today said India should shed its reservations over President Xi Jinping's ambitious 'Belt and Road Initiative' and join the project as it will not change Beijing's stand on the Kashmir issue.

The BRI, which includes China-Pakistan Economic Corridor (CPEC), has been included in the Constitution of the ruling Communist Party of China in the just concluded once-in-a- five-year Congress.

Trump admin makes it more difficult for H-1B visa extension

In a new directive, the Trump administration has made it more difficult for the renewal of non-immigrant visas such as H-1B and L1, popular among Indian IT professionals, saying the burden of proof lies on the applicant even when an extension is sought.

Rescinding its more than 13-year-old policy, the US Citizenship and Immigration Services (USCIS) said the burden of proof in establishing eligibility is, at all times, on the petitioner.

Under Trump plan, refugees from 11 countries face additional US barriers

The Trump administration will temporarily delay processing of most refugees from 11 countries identified as high-risk, while resuming refugee admissions for other countries, government officials said on Tuesday. Most of the affected countries are in the Middle East and Africa, according to documents seen by Reuters.

The Seven Men Who Will Rule China for the Next Five Years

Chinese President Xi Jinping walked onto the red carpet of China’s Great Hall of the People on Wednesday having amassed more power than any leader in a generation.

Behind him followed – in order of rank – the other six members of the Politburo Standing Committee, the panel that meets weekly to manage the affairs of almost one-fifth of the world’s population. The new line-up chosen after the Communist Party’s twice-a-decade congress surrounds Xi with loyalists to advance his ambitious plans to cement one-party rule and complete China’s reemergence as a great power.

China enshrines 'Xi Jinping Thought', key Xi ally to step down

China’s ruling Communist Party enshrined President Xi Jinping’s political thought into its constitution on Tuesday, putting him in the same company as the founder of modern China, Mao Zedong, and cementing his power ahead of a second five-year term.

A key Xi ally, top corruption fighter Wang Qishan, will not be on the new Politburo Standing Committee, the apex of power in China, to be revealed on Wednesday as he was not among those named on Tuesday to the 204-member Central Committee.

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