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30 displaced after fire rips through apartment building

30 displaced after fire rips through apartment building He said firefighters extinguished the blaze in about seven minutes. The tenant told firefighters she and a friend had left to go get something to eat. The dollar loss for the damaged apartment was estimated at $40,000, but the rest of the apartment building, valued at $250,000, was saved. Information on the cause of the fire or any injuries was not available this morning. [Full Article...]

No need for law to penalise levy of service charge: Minister

No need for law to penalise levy of service charge: Minister The government on Friday approved new guidelines giving customers the right to decide whether to pay the service charge hotels and restaurants charge over and above the bill and service tax. Moreover, the new Consumer Protection Bill under which an authority will be set up will have powers to take action, the official explained. Paswan also informed t\through twitter that the government has ... [Full Article...]

International Monetary Fund raises Hungary GDP growth, inflation forecasts for 2017, 2018

International Monetary Fund raises Hungary GDP growth, inflation forecasts for 2017, 2018 In its latest World Economic Outlook (WEO), the International Monetary Fund predicted that the Chinese economy will grow at 6.6 percent in 2017 and 6.2 percent in 2018, respectively up 0.1 percent and 0.2 percent from its last WOE report in January, or up 0.4 percent and 0.2 percent from its forecasts last October. [Full Article...]

Price Of Crude Oil Dips On Supply Glut Concerns

After the American Petroleum Institute report was released, West Texas Intermediate edged downwards by 32 cents to reach $52.33 per barrel. Data released Wednesday by the Energy Information Administration (EIA) showed that USA commercial crude inventories decreased by one million barrels from one week ago, falling to 532.3 million. [Full Article...]

HDFC Bank net up 18%

HDFC Bank net up 18% It posted net profit of Rs 3374.22 crore in the corresponding quarter previous year. Provisions and contingencies for the quarter ended March 31, 2017 were Rs 1,261.8 crore. Gross bad loans as a percentage of total loans, at 1.05 percent, were little changed from end-December. The consolidated net profit for the year ended March 31, 2017 was Rs. [Full Article...]

United passenger launches legal action over forceful removal

United passenger launches legal action over forceful removal Lawyers for David Dao , the passenger that was forcibly removed from a United Airlines flight, have filed an emergency court request for the airline to preserve evidence. "Passengers who have paid the fare for their ticket and reserved a seat should not be subject to this arbitrary "bumping" except in the most extreme of circumstances and certainly not to accommodate employees of United Airlines... [Full Article...]

Trump's budget director suggests wall fight won't trigger shutdown

The White House is running out of time, as their insistence on including the money to build Trump's wall within an upcoming budget bill to keep the U.S. The White House is pressing House Republicans to rally behind a revised bill so GOP leaders can schedule a vote this coming week that could let Trump fulfill a 100-days promise. [Full Article...]

Trump's reversals come after crash course on the issues

Dan DiMicco, the former boss of Nucor steel, said the president's efforts on trade and China were "all talk and no action". Chuck Schumer (D-N.Y.), the Democratic leader, said in a statement Friday. Trump has said he probably wouldn't have been elected if not for his stance on trade. But after the encounter, he characterized the meeting in another tweet as one of "goodwill and friendship". [Full Article...]

Marine Le Pen Wants All Terrorist Suspects Expelled From France

Marine Le Pen Wants All Terrorist Suspects Expelled From France A lawyer by profession, she is a dyed-in-the-wool xenophobe and bigot, much like her father Jean-Marie Le Pen and her politics is all about making France more French. Macron, a 39-year-old moderate, is presenting himself as a guarantor of the European Union, promising reform and appealing to pro-Europe sentiment among the French electorate. [Full Article...]

Blue Jays hit by another pitching injury in blowout loss to Orioles

Blue Jays hit by another pitching injury in blowout loss to Orioles Toronto is off to a franchise-worst 1-8 start. "I can't keep going out there faking. if I don't feel at my best, you're not going to get the best of me and it's just not worth it for me and it's not worth it for the team, so we've come to a decision to hopefully knock this team and hopefully it never comes back". [Full Article...]

CP says Ontario will levy 15% tax on foreign home buyers

Canadian Prime Minister Justin Trudeau sought to dispel any notion that Ontario's proposed 15 percent tax on foreign homebuyers is a sign the country is shunning foreign investment. Bank of Montreal chief economist Doug Porter said where you stand on the issue of Canada's housing market depends on where you live. According to Murphy, the 16 measures do little to help renters or ease the supply-s... [Full Article...]

United CEO Munoz no longer to become chairman

United CEO Munoz no longer to become chairman Facing furor after a United passenger was dragged off a sold-out plane, the chief executive for the carrier's parent company has agreed not to take on the added role next year of chairman of the board. Munoz was expected to take the role of chairman at the company's 2018 annual stockholder meeting. Last month, the airline was also criticized on social media and trolled by other airlines after a ... [Full Article...]

International Monetary Fund foresees global economy accelerating to 3.5 pct. in '17

International Monetary Fund foresees global economy accelerating to 3.5 pct. in '17 That puts Britain among the fastest growing advanced economies this year, closely behind the USA and Spain, which are expected to grow 2.3 per cent and 2.6 per cent, respectively. Inflation is projected at 1.7% in 2018 and 2.0% in 2022. "The upward revision.reflects the stronger-than-expected momentum in 2016 and the anticipation of continued policy support", the fund said in its latest World E... [Full Article...]

International Monetary Fund lowers Macedonia 2017 GDP forecast to 3.2%

International Monetary Fund lowers Macedonia 2017 GDP forecast to 3.2% He added that IMF Managing Director Christine Lagarde is aiming to "socialize" the new administration to the IMF's agenda and influence its policy choices. "More generally, a reversal in market sentiment and confidence could tighten financial conditions and exacerbate existing vulnerabilities in a number of emerging market economies, including China - which faces the daunting challenge of reduci... [Full Article...]

SC orders trial of key BJP leaders in Babri Masjid case

However, the apex court has now ordered the clubbing of the two cases, ruling that the Lucknow court will also rule on the conspiracy charges against Advani, Joshi, Bharti and others. Advani, Joshi and Bharti have been accused of making inflammatory speeches that fuelled the demolition. The Babri Masjid case is not hidden from anybody. [Full Article...]

MPs clear way for general election on June 8

MPs clear way for general election on June 8 Earlier, Mr Corbyn dismissed Mrs May's argument that she needs a fresh mandate to deliver Brexit, and said it was "extremely interesting" that she had chosen to call an election as the Crown Prosecution Service prepares to decide whether to press charges against a string of Tory MPs over allegations relating to 2015 general election expenses. [Full Article...]

Trump to Sign Executive Order Reviewing Highly Skilled H-1B Visa Program

But Trump appears to have taken advantage of the lottery system he wants to squash. Again, critics pointed out that Trump hires seasonal foreign workers for his hotels and resorts. Trump chose to sign the directive at Snap-on Inc., based in Wisconsin, a state he narrowly carried in November on the strength of support from white, working-class voters. [Full Article...]

United: Airline will not use police to remove passengers

United: Airline will not use police to remove passengers Munoz, who leads United's parent company, apologized again to Kentucky physician David Dao, his family and the other passengers who witnessed him being taken off the flight. His legal team planned to hold a news conference Thursday to discuss the matter with reporters. Airport officials have said little about Sunday's events and nothing about Dao's behaviour before he was pulled from the jet tha... [Full Article...]

Softbank Keen To Exit Snapdeal & Invest $1.5B In Paytm

Softbank Keen To Exit Snapdeal & Invest $1.5B In Paytm The Japanese investor and Snapdeal founders are now engaged in conversation with the country's largest e-commerce firm Flipkart to sell the company. After SoftBank passed up on Paytm , the latter ended up raising $1 billion in 2015 from Alibaba and its financial arm Alipay (now called Ant Financial). [Full Article...]

PennyMac Mortgage Investment Trust to Issue Quarterly Dividend of $0.47 (PMT)

PennyMac Mortgage Investment Trust to Issue Quarterly Dividend of $0.47 (PMT) PennyMac Mortgage Investment Trust had 14 analyst reports since July 27, 2015 according to SRatingsIntel. Summit Research maintained the shares of ASML in report on Tuesday, April 19 with "Hold" rating. Van Eck Associates Corp has invested 0.01% in New York Mortgage Trust Inc (NASDAQ:NYMT). JPMorgan Chase & Co. boosted its stake in shares of New York Mortgage Trust by 14,508.4% in the third quart... [Full Article...]


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