Business

India cenbank leaves policy rate unchanged, cuts inflation projection

India cenbank leaves policy rate unchanged, cuts inflation projection

It very largely protects the central bank from criticism from the government, provided the bank is delivering the agreed inflation rate, and helps government decision-makers understand that the decisions they make concerning fiscal policy are very likely to have monetary policy implications.



Apple Reveals (Apple Homepod) HomePod speaker On Monday at WWDC 2017

These giants are battling over still-emerging fields that are expected to turn into technological gold mines, much the way personal computers and smartphones became moneymaking machines in previous decades. Apple suggested that the HomePod had been 4 years in the making. Although that product came out after other smartwatches hit the market, it quickly outshone competitors, according to industry research firms.


Trump Calls For Arab Unity After Seeming To Back Split With Qatar

Trump Calls For Arab Unity After Seeming To Back Split With Qatar

Qatar has denied the allegations. Iran, itself reeling from an attack by Islamic State militants that killed at least 12 people on Wednesday, has called for dialogue to solve the regional rupture. "We are courageous enough to sit and talk about it to change the course", Al-Thani said . "This ruling applies to all airlines flying into the UAE , including Etihad Airways", the Abu Dhabi-based airline said.



European Central Bank set to lower euro area inflation forecasts, report says

The European Central Bank has convinced economists that it'll take policy normalisation as gradually as it can. Even though the currency union has demonstrated signs of strength in its first quarter gross domestic product figures and other domestic data, this is unlikely to be enough to prompt any sense of greater European Central Bank hawkishness.


Senators to ask about Trump pushback on Russia probe

Senators to ask about Trump pushback on Russia probe

The Washington Post reported on May 22 that Trump had asked the officials to help push back against the FBI investigation into possible coordination between his campaign and Moscow, citing current and former officials. Comey's testimony marks his first public comments since he was abruptly ousted by Trump on May 9. He said the lawmakers will likely try to flesh out Trump's actions.


Australia chasing 183 victory target for win vs Australia

Australia chasing 183 victory target for win vs Australia

Australia might have to beat England on Saturday to advance to the semifinals. However, rain came to their rescue at the right time and kept them in the hunt to qualify for the next round. And this is an ICC tournament. "We have to beat England and I think then we're through", the skipper said. "I think it makes the equation pretty simple for us".