CHINAPRESIDENT-TRUECOL Business International 

China will ‘never seek hegemony,’ Says Chinese President

While attending the opening ceremony of the Hong Kong Zhuhai Macau Bridge on Tuesday the Chinese President Xi Jinping said that China will never seek Hegemony as the country’s economic growth is concerned. During the conference, he repeated China’s commitment to a multilateral trading system and further opening of its economy. The President said that China’s expanding footprint worldwide from Asia-Pacific to Africa and beyond through a broad network of infrastructure projects called the Belt and Road Initiative has led some nations to raise the alarm over what they call…

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National 

Centre Approves construction of new lane Bridge in Patna

On Monday the cabinet committee on economic affairs headed by Prime Minister Narendra Modi approved the construction of new 4 lane bridge across the river Ganga on NH-19 in Patna. This mega project is 14.50 kilometres long and will pass through Patna, Saran and Vaishali districts of Bihar. The construction cost of the bridge will be Rs. 296.42 crores. The time required for the construction will be three and a half years and it is likely to completed by January 2023. The project includes 5634-meter long major bridge parallel to the…

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drugs-truecolumn Business Featured National 

Madras High Court bans online sales of Medicines

The Madras High Court has banned the online sale of medicines till the central government notifies the rules regarding it. The court has also set January 31, 2019 as deadline to issue the notification. SK Chandra Kumar, a lawyer representing the Tamil Nadu Chemist and Druggist Association told that, ” the court has ordered a complete ban until players obtain a licence to sell it online.” According to the association, though online shopping might be convenient for consumers but buying medicines from any unlicensed store may be risky as they…

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Technology 

HCL Technologies to acquire IBM’S Software product

The country’s third largest software services firm HCL Technologies has announced on Thursday that it will acquire IBM software products for $1.8 billion.  The acquisition which is the largest in the history of HCL is expected to close by mid-2019. HCL Technology said that the product in which HCL is acquiring is in large growing market areas like securities, marketing, and commerce. The products which represent a total addressable market of more than $50 billion includes, App scan for secure application development, BigFix for secure device management, Unica for marketing automation,…

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NOTE6PRO-TRUECOLUMN Business Technology 

Filpkart Shopping day sale is live , Redmi Note 6 Pro Launched

Flipkart, the e-commerce site is live with its Big Shopping Day sale which will be active for 3 days from 6th – 8th December. As a part of long 3 days sale, branded smartphones like Oppo, Xiomi, Realme are now available with offers and discount. During this sale, Xiomi has launched its phone “Xiomi Redmi Note 6 Pro”. Now the phone is available on e-commerce site. For those who are unaware Redmi Note 6 Pro, it is a successor to the company’s Redmi Note 5 Pro. The Redmi Note 6 Pro…

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Vijay Mallya | National News | Business News Business Featured 

Vijay Mallya offers to return 100% of the Loans and Public Money

The politician and business tycoon Vijay Mallya who was charged in the case of liquor and money laundering. Mallya said on Wednesday that he will pay back the entire principal amount of Rs. 5,500 crore as he owned from various banks. And he also said that he will return 100% of public money.  Vijay Mallya who is being investigated for fraud and money laundering has been living in the United Kingdom for the past two years. Vijay Mallya who fled away in 2016 to U.K. is wanted in India over a default of…

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Featured National 

Criminal cases against MPs, MLAs: Supreme Court asks for special courts in Bihar, Kerala

On Tuesday Supreme Court directed the constitutions of special courts in each district of Bihar and Kerala for the trial of pending criminal cases against present and former MLA and MP’s. The group of Chief justice Rajan Gogoi and justices SK Kaul and KM Joseph passed the direction for setting up special courts in each district of Bihar and Kerala. The report was made on the order of the bench Rajan Gogoi, which wished to impact the court’s verdict on the against sitting and former lawmakers. As per the report…

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RUPEE-TRUECOLUMN Business Featured 

Rupee falls 9% to 70.55 against US dollar in early trade

With the rising price of crude oils, rupee falls by 9 percent to 70.55 percent in early trade at the interbank foreign market on foreign funds outflow. Foreign dealers said that there is a fresh demand from the American currency from importers amid rising in crude oil prices weighed on the domestic unit. After the rise, the rupee opened lower at 70.50 per dollar and dropped further to quote at 70.55, 9 paise over its previous close. On Monday the local unit snapped the four days rising streak and dropped…

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Featured International 

It’s time for Pakistan to get on board with peace process in South Asia: United States

U.S Defence Secretary James Mattis said in a conference that Pakistan must take on a substantive role in peace talks with the Taliban if the war in neighboring Afghanistan is to be ended. While addressing the conference he said that it is the right time for everyone to support the efforts of the UN, efforts of Indian Prime Minister Narendra Modi and all those who are trying to maintain peace in South Asia. He said that “The United States and Indian Prime Minister have overcome hesitation of history carrying forward…

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oprawat-truecolumn Featured National 

Demonetisation proved ineffective in tackling misuse of money during poll.

Former Chief Election Commissioner OP Rawat on Monday said that according to the data, demonetisation was not effective in stopping the misuse of money during the election, but in fact, in some states, more seizures were reported compared to previous years. He also said that note ban was ineffective in checking black money in India. After the retirement, Rawat said that demonetisation did not reduce the use or misuse of black money in elections but in fact in some states, more seizures were reported compared to previous years. In his report,…

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