• Narendra Modi blames earlier governments for failure of electrifying all houses
Narendra Modi blames earlier governments for failure of electrifying all houses

He said about 14,500 villages out of 18,000 villages not electrified were in Eastern India and government have changed that. He added that despite all the difficulties, a dedicated team of people worked hard to ensure that the dream of electrifying every village is achieved.

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  • U.S. Probing Whether Uranium Imports From Russia, Central Asia Undermine Security
U.S. Probing Whether Uranium Imports From Russia, Central Asia Undermine Security

The formal probe, which follows a petition filed by US uranium mining companies, is to examine whether the current "quantity and circumstances" of imports of uranium ore and uranium products threaten national security, the department said in a statement .

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  • Trump is threatening to put a tariff on every Chinese good
Trump is threatening to put a tariff on every Chinese good

White House spokeswoman Lindsay Walters later said in an emailed statement that the president "respects the independence of the Fed". "We're down a tremendous amount", Trump said in an interview about trade imbalances with China on CNBC broadcast on Friday.

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  • Owners of the Tesla Model S in Germany deprived of the benefits
Owners of the Tesla Model S in Germany deprived of the benefits

Germany's Federal Office for Economic Affairs and Export Control said 1,050 owners of a Tesla Model S will be forced to forgo a 2,000 euro electric auto subsidy because the value of their vehicles had surpassed an eligibility threshold. The government deal is worth 4,000 euros, with half of that paid to consumers by the automaker. The Tesla Model...

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"It's not too late to save Brexit", Johnson tells UK parliament

Theresa May faces further threats to her government's Brexit strategy and could have to stave of the prospect of a " no confidence " challenge to her leadership this week, after revealing that Donald Trump's had advised her to "sue" the EU.

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  • Trump Threatens to Slap Tariffs on Everything Imported From China
Trump Threatens to Slap Tariffs on Everything Imported From China

Earlier this month, the United States imposed 25% tariffs on $34bn of Chinese imports. Trump is taking a more aggressive, protectionist posture on trade than his recent predecessors, sparking retaliatory measures from countries around the world and igniting disputes on multiple fronts.

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  • Microsoft revenue exceeds $100bn boosted by cloud services
Microsoft revenue exceeds $100bn boosted by cloud services

The corporate transition to Windows 10 is proving to be a boon for Windows revenue-and the PC market as a whole-though Gartner reckons this only has another two years or so to run before the upgrade cycle nears completion. Microsoft's Intelligent Cloud, which CEO Satya Nadella has positioned as the cornerstone of the company's future, pulled in...

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  • Trump threatens tariffs on $500 billion of Chinese imports
Trump threatens tariffs on $500 billion of Chinese imports

Washington imposed tariffs on US$34 billion of Chinese products on July 6 and last week threatened to slap 10 per cent duties on another US$200 billion worth of the goods. Even while threatening China, Trump tried to reassure the Chinese administration that he is not looking to "scare" the country. "He doesn't want to move, and they've offered the ...

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  • Trump 'ready' to tax all Chinese imports
Trump 'ready' to tax all Chinese imports

Last year, the dollar amount of USA exports from China totaled $505.5 billion, according to Census Bureau data. US President Donald Trump says he is ready to intensify his trade war with China by slapping tariffs on all $500bn of imports from the country.

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  • Trump in unorthodox criticism of United States central bank
Trump in unorthodox criticism of United States central bank

But rate increases also make borrowing costlier for households and companies and can weaken the pace of growth. "I'm not happy about it". "We do our work in a strictly nonpolitical way, based on detailed analysis, which we put on the record transparently".

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  • How Trump is about to send world oil prices soaring even higher
How Trump is about to send world oil prices soaring even higher

The country expects exports to drop by roughly 100,000 barrels per day in August as it works to ensure it does not push oil into the market beyond customers' needs, the kingdom's Organization of the Petroleum Exporting Countries Governor Adeeb Al-Aama said.

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  • Trump slams rate increases by independent Federal Reserve
Trump slams rate increases by independent Federal Reserve

Trump, in an interview with CNBC, said he does not approve, even though he said he "put a very good man in" at the Fed in Powell. Fed officials have penciled in two more hikes this year. "The president's views on interest rates are well known and his comments today are a reiteration of those long held positions, and public comments". "But at th...

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  • EU's Juncker 'upbeat and relaxed' ahead of Trump trade meeting
EU's Juncker 'upbeat and relaxed' ahead of Trump trade meeting

The European Commission confirmed in a statement this afternoon: "President Jean-Claude Juncker will travel to Washington on 25 July 2018 where he will be received by President Donald J Trump at the White House". GM warned last month that higher tariffs could cost jobs and lead to a "a smaller GM" while isolating US businesses from the global mar...

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  • Trump Slams Interest Rate Hikes, Ignoring Hands-Off Tradition Toward Fed
Trump Slams Interest Rate Hikes, Ignoring Hands-Off Tradition Toward Fed

Because we go up and every time you go up, they want to raise rates again". I don't really - I am not happy about it. Speaking about Fed policy in his interview with CNBC, Trump said he is "letting them do what they feel is best". The U.S. central bank has hiked rates twice this year and most experts expect two more increases by year's end. The p...

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  • Trump slams record European Union fine against Google
Trump slams record European Union fine against Google

Ms Vestager is best known for slapping a €13bn back-tax bill on Apple two years ago. The Brussels regulator insisted the tech giant had used Android illegally to "cement its dominant position" in user searches. Denying rivals a chance to innovate and compete on the merits. In the end, the Commission found that Google violated European Union ant...

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  • Theresa May survives knife-edge customs union vote
Theresa May survives knife-edge customs union vote

Having delivered his speech, Mr Johnson quickly left the Chamber. Since the plan was unveiled earlier this month, Brexit supporters and pro-EU lawmakers in her party have been at war with each other, and in some cases with the prime minister herself.

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  • Fuel and energy prices to push UK inflation to four-month high
Fuel and energy prices to push UK inflation to four-month high

A consensus of economists expect the Office for National Statistics' (ONS) June Consumer Price Index (CPI) to come in at 2.6 per cent, up from 2.4 per cent in both May and April. The measure of wholesale price gains is the key deflator in computing the Index of Industrial Production and is also used to deflate Gross Domestic Product at curren...

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  • Amazon founder Jeff Bezos becomes modern era's richest man
Amazon founder Jeff Bezos becomes modern era's richest man

Jeff Bezos , founder of Amazon , American electronic commerce and cloud computing company based in Seattle, Washington has reached a net worth of $150 billion. But the Prime Day sale got off to a rocky start as glitches struck Amazon's website and mobile app. Shares of the company, which had climbed to a record $1,841.95 earlier Monday, pare...

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  • Best airlines in the world for 2018 according to Skytrax
Best airlines in the world for 2018 according to Skytrax

Asian carriers dominated the list with seven among the world's top 10 airlines this year, including All Nippon Airways, Cathay Pacific Airways, Garuda Indonesia and Thai Airways. By analysing the impression of more than 20 million travellers from 100 countries, the survey measures almost 50 different criteria. Some 335 airlines are featured in th...

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  • Microsoft, Walmart enter multi-year AI deal to take on Amazon
Microsoft, Walmart enter multi-year AI deal to take on Amazon

Microsoft will be ensuring it all goes as smoothly as possible in a bid to extend the partnership well beyond the first five years. As part of the partnership, Walmart and Microsoft engineers will collaborate to migrate a significant portion of walmart.com and samsclub.com to Azure, Walmart added.

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