WASHINGTON: A daughter of Sikh immigrants to the United States has become President-elect Donald Trump’s first female cabinet-level nominee. South Carolina governor Nikki Haley, born Nimrata Randhawa, will be the Trump administration pick for ambassador to the United Nations, his transition team announced Wednesday morning. Continue reading “Donald Trump taps Nikki Haley as US ambassador to UN”
NEW DELHI: Toyota Motor Corp expects hybrid cars to make up 20 percent of its total vehicle sales in India by 2020 from less than 2 percent today, a senior company official told Reuters. Continue reading “Toyota plans to sell more hybrid cars in India”
SAN FRANCISCO: Mark Zuckerberg, Facebook’s chief executive, has cultivated relationships with China’s leaders, including President Xi Jinping. He has paid multiple visits to the country to meet its top internet executives. He has made an effort to learn Mandarin. Continue reading “Facebook said to create censorship tool to get back into China”
NEW YORK: President Barack Obama has a new fan: Donald Trump.
After lambasting Obama for months as a failed leader unfit to be president, the Republican president-elect found kinder words on Tuesday for the man he will succeed in the White House on January 20. Continue reading “Barack Obama’s not-so-secret admirer: Donald Trump”
Union Finance Minister Arun Jaitley has directed commercial bank chiefs to focus their attention on rural India’s cash crunch over the next 40 days, with a war chest of Rs. 35,000 crore for providing credit to farmers by December.
The rupee slipped from its initial recovery, dropping 7 paise to Rs 68.23 in late morning deals following bouts of dollar demand from importers despite higher domestic equities.
The benchmark Sensex reclaimed the 26,000-mark by rising over 260 points and the Nifty regained the key 8,000—level in early trade today, after six days of losses, on widespread buying amid firm Asian cues.