<a href="https://www.wionews.com/world/china-signals-veto-in-the-standoff-with-us-over-afghan-un-mission-diplomats-250192">China and the United States</a> have formed highly complementary, deeply integrated and mutually beneficial relations, as reflected by the statistics in a report recently released by the US-China Business Council (USCBC), Chinese Ministry of Foreign Affairs Spokesman Geng Shuang said on Friday.

Speaking at a press conference in Beijing, Geng said that China hopes the US&nbsp;could give ear to more rational voices in the country.

"We have noticed the report issued by the US-China Business Council. The views in the report are representative to some extent, and show that in the past period of time, US&nbsp;commercial and industrial fields and regional districts have been worried about the escalation of the <a href="https://www.wionews.com/world/trade-talks-seen-as-unlikely-to-mend-us-china-divide-250119">China-US&nbsp;trade frictions</a>, and expecting the two sides to solve the trade frictions properly through negotiations," Geng said.

Geng said the report indicated that concerning the goods trade, 265 US&nbsp;electoral districts saw a decline in the export volume to China in 2018, 157 of which saw a double-digit drop. The central and western US&nbsp;and the plain area, where soybeans and other agricultural products were exported, have been most severely affected; as to the service trade, the export volume to China declined in 100 electoral districts in 2017, while in 2016, the volume in 380 electoral districts showed a double-digit or even faster growth.

Geng said that against the backdrop of the China-US&nbsp;trade dispute, the US&nbsp;exports to China in 2018 increased by only 0.75 percent, while in the meantime, the growth rates were respectively 15.3 percent, 14.3 percent and 11.7 percent from South Korea, Japan and European Union.

"The statistics quoted in the report once again prove that the US&nbsp;and China have formed highly complementary, deeply integrated and mutually beneficial relations. The escalating trade dispute is accelerating the market shares loss by the US&nbsp;It damages the interests of the US&nbsp;commercial and industrial fields at first and ultimately damages the interests of the ordinary Americans. In general, trade dispute damages both the US&nbsp;itself and others, and the loss outweighs the gains. We hope the US&nbsp;can give ear to domestic rational voices and work together with China to reach a mutually beneficial and win-win deal through negotiations based on mutual respect, equality and mutual benefits, which not only agrees with the interests of the two countries and their peoples, but is also a common expectation of the international community," Geng said.

The USCBC recently issued the report to analyze the changes of the US&nbsp;voting districts’ goods and service exports to China in the past 10 years, and concluded that China remains a major destination for the US&nbsp;manufacturing and service industries, but the escalating US-China tensions and the uncertainty of the trade dispute would have a negative impact on the US&nbsp;enterprises to expand their markets in China.

China and the United States have formed highly complementary, deeply integrated and mutually beneficial relations, as reflected by the statistics in a report recently released by the US-China Business Council (USCBC), Chinese Ministry of Foreign Affairs Spokesman Geng Shuang said on Friday.

China and the United States have formed highly complementary, deeply integrated and mutually beneficial relations, as reflected by the statistics in a report recently released by the US-China Business Council (USCBC), Chinese Ministry of Foreign Affairs Spokesman Geng Shuang said on Friday. Speaking at a press conference in Beijing, Geng said that China hopes the US could give ear to more rational voices in the country. "We have noticed the report issued by the US-China Business Council. The views in the report are representative to some extent, and show that in the past period of time, US commercial and industrial fields and regional districts have been worried about the escalation of the China-US trade frictions, and expecting the two sides to solve the trade frictions properly through negotiations," Geng said. Geng said the report indicated that concerning the goods trade, 265 US electoral districts saw a decline in the export volume to China in 2018, 157 of which saw a double-digit drop. The central and western US and the plain area, where soybeans and other agricultural products were exported, have been most severely affected; as to the service trade, the export volume to China declined in 100 electoral districts in 2017, while in 2016, the volume in 380 electoral districts showed a double-digit or even faster growth. Geng said that against the backdrop of the China-US trade dispute, the US exports to China in 2018 increased by only 0.75 percent, while in the meantime, the growth rates were respectively 15.3 percent, 14.3 percent and 11.7 percent from South Korea, Japan and European Union. "The statistics quoted in the report once again prove that the US and China have formed highly complementary, deeply integrated and mutually beneficial relations. The escalating trade dispute is accelerating the market shares loss by the US It damages the interests of the US commercial and industrial fields at first and ultimately damages the interests of the ordinary Americans. In general, trade dispute damages both the US itself and others, and the loss outweighs the gains. We hope the US can give ear to domestic rational voices and work together with China to reach a mutually beneficial and win-win deal through negotiations based on mutual respect, equality and mutual benefits, which not only agrees with the interests of the two countries and their peoples, but is also a common expectation of the international community," Geng said. The USCBC recently issued the report to analyze the changes of the US voting districts’ goods and service exports to China in the past 10 years, and concluded that China remains a major destination for the US manufacturing and service industries, but the escalating US-China tensions and the uncertainty of the trade dispute would have a negative impact on the US enterprises to expand their markets in China.

Beijing, Washington hold deeply integrated, mutually beneficial ties: China

The Federation of Indian Chambers of Commerce and Industry (FICCI) said on Friday that lowering of income tax on corporates will unleash the animal spirits of corporate India and reinvigorate manufacturing sector which has been going through a difficult phase of late.

"With the kind of corporate tax rate cuts announced today, India now becomes a competitive market in the region with our rates similar to those prevailing in the ASEAN countries," said FICCI President Sandip Somany.

"This trigger will lead to a virtuous cycle of investments, growth and higher employment," he said in a statement.

The additional measures announced to stabilise flow of funds to capital markets by not applying the enhanced rate of surcharge on capital gains arising from sale of equity shares and units of equity funds is another major positive.

"This will make India an even more attractive destination for funds flow and is bound to draw much greater attention from foreign institutional investors," said Somany.

At the same time, the decision to allow CSR funds to be used for supporting incubators set up by central and state governments as well as supporting universities, autonomous institutions as well as research bodies that are publicly funded clearly indicates that the government wishes to promote public private partnership in scientific research and development and make India move up the innovation ladder, he added.&nbsp;

The Federation of Indian Chambers of Commerce and Industry (FICCI) said on Friday that lowering of income tax on corporates will unleash the animal spirits of corporate India and reinvigorate manufacturing sector which has been going through a difficult phase of late.

The Federation of Indian Chambers of Commerce and Industry (FICCI) said on Friday that lowering of income tax on corporates will unleash the animal spirits of corporate India and reinvigorate manufacturing sector which has been going through a difficult phase of late. "With the kind of corporate tax rate cuts announced today, India now becomes a competitive market in the region with our rates similar to those prevailing in the ASEAN countries," said FICCI President Sandip Somany. "This trigger will lead to a virtuous cycle of investments, growth and higher employment," he said in a statement. The additional measures announced to stabilise flow of funds to capital markets by not applying the enhanced rate of surcharge on capital gains arising from sale of equity shares and units of equity funds is another major positive. "This will make India an even more attractive destination for funds flow and is bound to draw much greater attention from foreign institutional investors," said Somany. At the same time, the decision to allow CSR funds to be used for supporting incubators set up by central and state governments as well as supporting universities, autonomous institutions as well as research bodies that are publicly funded clearly indicates that the government wishes to promote public private partnership in scientific research and development and make India move up the innovation ladder, he added.

Tax reliefs to corporates will act as a booster dose to revive growth: FICCI

A Delhi court on Friday allowed the Central Bureau of Investigation (CBI) to further interrogate Christian Michel, an alleged middleman in the Rs 3,600 crore AgustaWestland VVIP chopper deal, in Tihar jail.

Michel was extradited from Dubai last year and is currently lodged in Tihar Jail in connection with alleged irregularities in the chopper deal.

The agency is probing his alleged role as a "middleman" in the deal.

Special Judge Arvind Kumar has allowed the CBI to interrogate him from September 24 and 26.

Out of the three days, the court allowed the agency to interrogate him for two days and take the specimen of his signature and handwriting for investigation on the third day.

Michel's lawyer Aljo K Joseph opposed the CBI's plea to interrogate him and said that more than five teams of the handwriting experts had collected his handwriting specimen during the custodial interrogation earlier.

"They directed the accused to write in a particular manner which matches with the handwriting in the documents which is in custody of the CBI," Joseph told the court.

The counsel for CBI, however, denied the allegations.

The court's order came after business Ratul Puri was sent to judicial custody in Tihar jail in connection with the case.

Puri is accused of receiving money from both money trails from Christian Michel and from the Interstellar in AgustaWestland.

The court had earlier rejected Michel's bail plea, asserting that the charges against him are 'serious'.&nbsp; 
&nbsp;

A Delhi court on Friday allowed the Central Bureau of Investigation (CBI) to further interrogate Christian Michel, an alleged middleman in the Rs 3,600 crore AgustaWestland VVIP chopper deal, in Tihar jail.

A Delhi court on Friday allowed the Central Bureau of Investigation (CBI) to further interrogate Christian Michel, an alleged middleman in the Rs 3,600 crore AgustaWestland VVIP chopper deal, in Tihar jail. Michel was extradited from Dubai last year and is currently lodged in Tihar Jail in connection with alleged irregularities in the chopper deal. The agency is probing his alleged role as a "middleman" in the deal. Special Judge Arvind Kumar has allowed the CBI to interrogate him from September 24 and 26. Out of the three days, the court allowed the agency to interrogate him for two days and take the specimen of his signature and handwriting for investigation on the third day. Michel's lawyer Aljo K Joseph opposed the CBI's plea to interrogate him and said that more than five teams of the handwriting experts had collected his handwriting specimen during the custodial interrogation earlier. "They directed the accused to write in a particular manner which matches with the handwriting in the documents which is in custody of the CBI," Joseph told the court. The counsel for CBI, however, denied the allegations. The court's order came after business Ratul Puri was sent to judicial custody in Tihar jail in connection with the case. Puri is accused of receiving money from both money trails from Christian Michel and from the Interstellar in AgustaWestland. The court had earlier rejected Michel's bail plea, asserting that the charges against him are 'serious'.

AgustaWestland case: Court allows CBI to further interrogate Christian Michel

Union Home Minister Amit Shah on Friday said the Modi government is committed to making India a big manufacturing hub as Finance Minister Nirmala Sitharaman announced big-ticket reforms in the economy by slashing corporate tax.

"Rationalisation of corporate tax had been a long-pending demand, which is now a reality. This move will make our corporates globally competitive and our markets much more exciting for potential investors," tweeted Shah.

"Modi government is committed to making India a big manufacturing hub and this decision along with previous announcements on relaxing FDI will go a long way in realising this objective. I congratulate PM @narendramodi and FM @nsitharaman for announcing these bold measures," he tweeted.

Bringing in tax cuts and fiscal reliefs through an Ordinance, the government on Friday slashed domestic corporate tax to an effective 25.17 per cent, inclusive of all surcharges and cess, in a bid to promote growth and investments amid an economic slowdown that would cost the exchequer Rs 1.45 lakh crore.

"A new provision has been inserted in the Income Tax Act from financial year 2019-20 (beginning April 1) which allows any domestic company an option to pay income tax at the rate of 22 per cent subject to the condition that they will not avail any exemption or incentive," Sitharaman told the media ahead of a GST Council meeting.

Today's announcements top a series of measures the finance minister has announced in the last one month to perk up the economy.&nbsp;

 
&nbsp;

Union Home Minister Amit Shah on Friday said the Modi government is committed to making India a big manufacturing hub as Finance Minister Nirmala Sitharaman announced big-ticket reforms in the economy by slashing corporate tax.

Union Home Minister Amit Shah on Friday said the Modi government is committed to making India a big manufacturing hub as Finance Minister Nirmala Sitharaman announced big-ticket reforms in the economy by slashing corporate tax. "Rationalisation of corporate tax had been a long-pending demand, which is now a reality. This move will make our corporates globally competitive and our markets much more exciting for potential investors," tweeted Shah. "Modi government is committed to making India a big manufacturing hub and this decision along with previous announcements on relaxing FDI will go a long way in realising this objective. I congratulate PM @narendramodi and FM @nsitharaman for announcing these bold measures," he tweeted. Bringing in tax cuts and fiscal reliefs through an Ordinance, the government on Friday slashed domestic corporate tax to an effective 25.17 per cent, inclusive of all surcharges and cess, in a bid to promote growth and investments amid an economic slowdown that would cost the exchequer Rs 1.45 lakh crore. "A new provision has been inserted in the Income Tax Act from financial year 2019-20 (beginning April 1) which allows any domestic company an option to pay income tax at the rate of 22 per cent subject to the condition that they will not avail any exemption or incentive," Sitharaman told the media ahead of a GST Council meeting. Today's announcements top a series of measures the finance minister has announced in the last one month to perk up the economy.

Modi government committed to making India a big manufacturing hub: Amit Shah

Kuwait has raised the security alert level at all of its ports, including the oil terminals, the state-run Kuwait News Agency reported on Friday, citing a decision by Trade and Industry Minister Khaled Al-Roudhan.

"The decision emphasises that all measures have to be taken to protect the vessels and the ports facilities," it said.

The announcement comes after two important oil production facilities in neighboring <a href="https://www.wionews.com/world/mike-pompeo-says-abundantly-clear-iran-was-behind-saudi-oil-attacks-250674">Saudi Arabia were hit by drones</a> and missiles on September 14, curtailing the crude output of the world's top oil exporter.

Yemen's Houthi group claimed the attacks but a US&nbsp;official said they originated from southwestern Iran. Tehran, which support the Houthis, denied any involvement in the attacks.

Kuwait has raised the security alert level at all of its ports, including the oil terminals, the state-run Kuwait News Agency reported on Friday, citing a decision by Trade and Industry Minister Khaled Al-Roudhan.

Kuwait has raised the security alert level at all of its ports, including the oil terminals, the state-run Kuwait News Agency reported on Friday, citing a decision by Trade and Industry Minister Khaled Al-Roudhan. "The decision emphasises that all measures have to be taken to protect the vessels and the ports facilities," it said. The announcement comes after two important oil production facilities in neighboring Saudi Arabia were hit by drones and missiles on September 14, curtailing the crude output of the world's top oil exporter. Yemen's Houthi group claimed the attacks but a US official said they originated from southwestern Iran. Tehran, which support the Houthis, denied any involvement in the attacks.

Kuwait raises security alert level at oil and commercial ports: State media

After a historic run on Friday, equity indices today afternoon ended at a record high with BSE Sensex closing at 38,014.62, 1,921.15 above its previous close of 36,093.47.

Both the broader NSE Nifty and the benchmark BSE Sensex closed 5.3 per cent higher, finishing the week with gains of more than 1.5 per cent.

The rupee, which rose as much as 0.9 per cent to 70.68 against the dollar after the announcement, pared some gains to trade at 71.05 by 10:15 GMT.

The domestic stock market, earlier in the day, registered their biggest single-day gain in more than a decade after the government announced <a href="https://www.wionews.com/india-news/we-propose-to-slash-corporate-tax-rates-for-domestic-companies-finance-minister-nirmala-sitharaman-250730">deep cuts in corporate taxes</a> to revive flagging growth in Asia's third-largest economy.

At 2:00 pm, the Sensex was at 38,313.65, higher by 2,220.18 points from the previous close of 36,093.47 points.

The NSE Nifty50 was trading at 11,379.60, higher by 674.80 points from the previous close.

The boost followed Finance Minister Nirmala Sitharam's announcement of cutting down the corporate tax rate to 25.17 per cent from 30 per cent.&nbsp;

"The reduction in corporate tax rate will "augur well for our economy," Reserve Bank of India chief Shaktikanta Das said.&nbsp;

Prime Minister <a href="https://www.wionews.com/india-news/its-a-win-win-for-130-crore-indians-pm-modi-on-corporate-tax-rate-cut-250811">Narendra Modi hailed the move</a> and called it "historic".&nbsp;

The prime minister said that the move will attract private investment from all across the world and is a "win-win for 130 crore Indians".

After a historic run on Friday, equity indices today afternoon ended at a record high with BSE Sensex closing at 38,014.62, 1,921.15 above its previous close of 36,093.

After a historic run on Friday, equity indices today afternoon ended at a record high with BSE Sensex closing at 38,014.62, 1,921.15 above its previous close of 36,093.47. Both the broader NSE Nifty and the benchmark BSE Sensex closed 5.3 per cent higher, finishing the week with gains of more than 1.5 per cent. The rupee, which rose as much as 0.9 per cent to 70.68 against the dollar after the announcement, pared some gains to trade at 71.05 by 10:15 GMT. The domestic stock market, earlier in the day, registered their biggest single-day gain in more than a decade after the government announced deep cuts in corporate taxes to revive flagging growth in Asia's third-largest economy. At 2:00 pm, the Sensex was at 38,313.65, higher by 2,220.18 points from the previous close of 36,093.47 points. The NSE Nifty50 was trading at 11,379.60, higher by 674.80 points from the previous close. The boost followed Finance Minister Nirmala Sitharam's announcement of cutting down the corporate tax rate to 25.17 per cent from 30 per cent. "The reduction in corporate tax rate will "augur well for our economy," Reserve Bank of India chief Shaktikanta Das said. Prime Minister Narendra Modi hailed the move and called it "historic". The prime minister said that the move will attract private investment from all across the world and is a "win-win for 130 crore Indians".

Sensex ends 1,921 points higher after fresh booster shot from government 

Prime Minister Narendra Modi on Friday hailed Finance Minister Nirmala Sitharaman's <a href="https://www.wionews.com/business-economy/sensex-surges-over-2000-points-after-finance-ministers-corporate-tax-cut-announcement-250789">announcement to slash corporate tax rates</a> and called it "historic".&nbsp;

The prime minister said that the move will attract private investment from all across the world.&nbsp;

"It will give a great stimulus to #MakeInIndia, attract private investment from across the globe, improve the competitiveness of our private sector, create more jobs and result in a win-win for 130 crore Indians," the prime minister tweeted out.&nbsp;

<div class="ui-state-default" contenteditable="false">
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<blockquote class="twitter-tweet">
The announcements in the last few weeks clearly demonstrate that our government is leaving no stone unturned to make India a better place to do business, improve opportunities for all sections of society and increase prosperity to make India a $5 Trillion economy.
— Narendra Modi (@narendramodi) <a href="https://twitter.com/narendramodi/status/1174963369234747392?ref_src=twsrc%5Etfw">September 20, 2019</a></blockquote>
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PM Modi added that the decisions taken in the last few weeks exhibit that the "government is leaving no stone unturned to make India a better place to do business, improve opportunities for all sections of society and increase prosperity to make India a $5 trillion economy".

<div class="ui-state-default" contenteditable="false">
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<blockquote class="twitter-tweet">
The step to cut corporate tax is historic. It will give a great stimulus to <a href="https://twitter.com/hashtag/MakeInIndia?src=hash&amp;ref_src=twsrc%5Etfw">#MakeInIndia</a>, attract private investment from across the globe, improve competitiveness of our private sector, create more jobs and result in a win-win for 130 crore Indians. <a href="https://t.co/4yNwqyzImE">https://t.co/4yNwqyzImE</a>
— Narendra Modi (@narendramodi) <a href="https://twitter.com/narendramodi/status/1174963190091771904?ref_src=twsrc%5Etfw">September 20, 2019</a></blockquote>
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The domestic stock markets indices Sensex and Nifty registered their biggest single-day gain in more than a decade after the government announced deep cuts in corporate taxes to revive flagging growth in Asia's third-largest economy.

At 2:00 pm, the Sensex was at 38,313.65, higher by 2,220.18 points from the previous close of 36,093.47 points.

The NSE Nifty50 was trading at 11,379.60, higher by 674.80 points from the previous close.

Finance Minister Nirmala Sitharaman said the effective corporate tax rate would be lowered to 25.17 per cent from 30 per cent and scrapped the minimum alternative tax for domestic companies.

Prime Minister Narendra Modi on Friday hailed Finance Minister Nirmala Sitharaman's announcement to slash corporate tax rates and called it "historic". The prime minister said that the move will attract private investment from all across the world.

Prime Minister Narendra Modi on Friday hailed Finance Minister Nirmala Sitharaman's announcement to slash corporate tax rates and called it "historic". The prime minister said that the move will attract private investment from all across the world. "It will give a great stimulus to #MakeInIndia, attract private investment from across the globe, improve the competitiveness of our private sector, create more jobs and result in a win-win for 130 crore Indians," the prime minister tweeted out. The announcements in the last few weeks clearly demonstrate that our government is leaving no stone unturned to make India a better place to do business, improve opportunities for all sections of society and increase prosperity to make India a $5 Trillion economy. — Narendra Modi (@narendramodi) September 20, 2019 × PM Modi added that the decisions taken in the last few weeks exhibit that the "government is leaving no stone unturned to make India a better place to do business, improve opportunities for all sections of society and increase prosperity to make India a $5 trillion economy". The step to cut corporate tax is historic. It will give a great stimulus to #MakeInIndia, attract private investment from across the globe, improve competitiveness of our private sector, create more jobs and result in a win-win for 130 crore Indians. https://t.co/4yNwqyzImE — Narendra Modi (@narendramodi) September 20, 2019 × The domestic stock markets indices Sensex and Nifty registered their biggest single-day gain in more than a decade after the government announced deep cuts in corporate taxes to revive flagging growth in Asia's third-largest economy. At 2:00 pm, the Sensex was at 38,313.65, higher by 2,220.18 points from the previous close of 36,093.47 points. The NSE Nifty50 was trading at 11,379.60, higher by 674.80 points from the previous close. Finance Minister Nirmala Sitharaman said the effective corporate tax rate would be lowered to 25.17 per cent from 30 per cent and scrapped the minimum alternative tax for domestic companies.

It's a win-win for 130 crore Indians: PM Modi on corporate tax rate cut

Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said that there was no recession as of today in the global economy but there was a hostile environment to which India's external sector had shown great resilience and viability.

"India's external sector has exhibited resilience and viability. The current account deficit has averaged 1.4 per cent of GDP over the last 5 years and remains comfortably financed in spite of global spillovers imparting risk-on-risk-off volatility to portfolio flows," Das said in his keynote address at the Bloomberg India Economic Forum 2019 here.

"The level of foreign exchange reserves was at $429 billion on September 13, sufficient to cover close to 10 months of imports or 21 months of debt of residual maturity up to 1 year," added Das.

"The Indian economy remains a preferred habitat for foreign direct investment (FDI) and is among the top 10 destinations for greenfield projects," said Das.

Praising India's service exports, Das said, "In line with the expanding share of services in domestic output, India's services exports have grown rapidly over the past two decades."

He said that in fact, India's services exports have shown a higher degree of resilience to global shocks than merchandise exports.

"At $81.9 billion, net services exports financed 45 per cent of India's trade deficit in 2018-19," he said.

He also said that India still was the world leader in software exports and information technology (IT) enabled services, accounting for around 12 per cent of world software exports.

"The global environment is challenging, but it offers opportunities as well. By the IMF's assessment, India will account for a sixth of global growth in 2020," said the RBI chief.

"Trade wars are presenting new business relocation avenues that seem to be favorable to India from the point of view of the economies of scale and scope. Indian entrepreneurship, the rupee, and our people are progressively but inexorably internationalising," added Das.&nbsp;

 
&nbsp;

Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said that there was no recession as of today in the global economy but there was a hostile environment to which India's external sector had shown great resilience and viability.

Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said that there was no recession as of today in the global economy but there was a hostile environment to which India's external sector had shown great resilience and viability. "India's external sector has exhibited resilience and viability. The current account deficit has averaged 1.4 per cent of GDP over the last 5 years and remains comfortably financed in spite of global spillovers imparting risk-on-risk-off volatility to portfolio flows," Das said in his keynote address at the Bloomberg India Economic Forum 2019 here. "The level of foreign exchange reserves was at $429 billion on September 13, sufficient to cover close to 10 months of imports or 21 months of debt of residual maturity up to 1 year," added Das. "The Indian economy remains a preferred habitat for foreign direct investment (FDI) and is among the top 10 destinations for greenfield projects," said Das. Praising India's service exports, Das said, "In line with the expanding share of services in domestic output, India's services exports have grown rapidly over the past two decades." He said that in fact, India's services exports have shown a higher degree of resilience to global shocks than merchandise exports. "At $81.9 billion, net services exports financed 45 per cent of India's trade deficit in 2018-19," he said. He also said that India still was the world leader in software exports and information technology (IT) enabled services, accounting for around 12 per cent of world software exports. "The global environment is challenging, but it offers opportunities as well. By the IMF's assessment, India will account for a sixth of global growth in 2020," said the RBI chief. "Trade wars are presenting new business relocation avenues that seem to be favorable to India from the point of view of the economies of scale and scope. Indian entrepreneurship, the rupee, and our people are progressively but inexorably internationalising," added Das.

No recession in global economy, India's external sector shows great resilience, viability: RBI governor

Chandrayaan-2 orbiter continues to perform the mission to complete satisfaction while experts are still analysing the communication loss with Vikram lander, informed Indian Space Research Organisation (ISRO) on Thursday.

"#Chandrayaan2 Orbiter continues to perform scheduled science experiments to complete satisfaction. Meanwhile, the National Committee of academicians and ISRO experts are analyzing the cause of communication loss with #VikramLander," tweeted ISRO.

ISRO further informed that the initial trials for orbiter payloads were completed successfully and the performance of all orbiter payloads was satisfactory.

Earlier this month, ISRO Chairman K Sivan had stated that the Chandryaan-2 orbiter has clicked a thermal image of Vikram Lander.

The Lander Vikram was to soft-land on the far side of the moon at on September 7.

Minutes before its scheduled soft-landing, the communication with Vikram Lander was lost.

The Vikram Lander successfully separated from Chandrayaan-2 Orbiter on September 2.

After revolving around the Earth's orbit for nearly 23 days, the craft began its journey to the moon on August 14.

The mission took off from the Satish Dhawan Space Centre in Sriharikota on July 22.&nbsp;

Chandrayaan-2 orbiter continues to perform the mission to complete satisfaction while experts are still analysing the communication loss with Vikram lander, informed Indian Space Research Organisation (ISRO) on Thursday.

Chandrayaan-2 orbiter continues to perform the mission to complete satisfaction while experts are still analysing the communication loss with Vikram lander, informed Indian Space Research Organisation (ISRO) on Thursday. "#Chandrayaan2 Orbiter continues to perform scheduled science experiments to complete satisfaction. Meanwhile, the National Committee of academicians and ISRO experts are analyzing the cause of communication loss with #VikramLander," tweeted ISRO. ISRO further informed that the initial trials for orbiter payloads were completed successfully and the performance of all orbiter payloads was satisfactory. Earlier this month, ISRO Chairman K Sivan had stated that the Chandryaan-2 orbiter has clicked a thermal image of Vikram Lander. The Lander Vikram was to soft-land on the far side of the moon at on September 7. Minutes before its scheduled soft-landing, the communication with Vikram Lander was lost. The Vikram Lander successfully separated from Chandrayaan-2 Orbiter on September 2. After revolving around the Earth's orbit for nearly 23 days, the craft began its journey to the moon on August 14. The mission took off from the Satish Dhawan Space Centre in Sriharikota on July 22.

Chandrayaan-2 orbiter performing mission to complete satisfaction: ISRO

Aviation safety regulator may ask Boeing to set up simulators in India to train pilots on the 737 MAX planes once it clears the aircraft as safe for flying, a senior official with direct knowledge of the matter told Reuters.

The 737 MAX, the fastest-selling plane in Boeing's history, has been grounded the world over since March in the aftermath of two fatal crashes in five months that killed 346 people.

Directorate General of Civil Aviation (DGCA) will also conduct an independent inspection of the grounded planes once they are cleared for flying by the US&nbsp;regulator, the Federal Aviation Administration (FAA).

"Once FAA re-certifies it and says these issues have been resolved then we will evaluate whether what they are saying is right or wrong ... We will carry out our own inspections," the official said, adding that it is unlikely the planes will fly in Indian skies until next year.

Boeing is making software changes and drawing up a new pilot training plan, and will need to conduct a key certification test flight to get the FAA's approval before it can put the planes back in the air. Some federal officials expect the test flight to be conducted in October.

"Later this year India will send a team. We would like to take a look at their flight data, some simulators will also be required for training pilots," the official said, adding it may ask Boeing to have simulators in India.

Budget carrier SpiceJet has about a dozen Boeing 737 MAX planes in its fleet and a total of 155 on order - among the largest single orders for the narrow-body plane.

Boeing has delivered 219 737 MAX jets to customers globally, with 4,564 orders for jets yet to be delivered. The Boeing 737 MAX is a more fuel-efficient version of the manufacturer's best-selling single-aisle 737 series. 
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Aviation safety regulator may ask Boeing to set up simulators in India to train pilots on the 737 MAX planes once it clears the aircraft as safe for flying, a senior official with direct knowledge of the matter told Reuters.

Aviation safety regulator may ask Boeing to set up simulators in India to train pilots on the 737 MAX planes once it clears the aircraft as safe for flying, a senior official with direct knowledge of the matter told Reuters. The 737 MAX, the fastest-selling plane in Boeing's history, has been grounded the world over since March in the aftermath of two fatal crashes in five months that killed 346 people. Directorate General of Civil Aviation (DGCA) will also conduct an independent inspection of the grounded planes once they are cleared for flying by the US regulator, the Federal Aviation Administration (FAA). "Once FAA re-certifies it and says these issues have been resolved then we will evaluate whether what they are saying is right or wrong ... We will carry out our own inspections," the official said, adding that it is unlikely the planes will fly in Indian skies until next year. Boeing is making software changes and drawing up a new pilot training plan, and will need to conduct a key certification test flight to get the FAA's approval before it can put the planes back in the air. Some federal officials expect the test flight to be conducted in October. "Later this year India will send a team. We would like to take a look at their flight data, some simulators will also be required for training pilots," the official said, adding it may ask Boeing to have simulators in India. Budget carrier SpiceJet has about a dozen Boeing 737 MAX planes in its fleet and a total of 155 on order - among the largest single orders for the narrow-body plane. Boeing has delivered 219 737 MAX jets to customers globally, with 4,564 orders for jets yet to be delivered. The Boeing 737 MAX is a more fuel-efficient version of the manufacturer's best-selling single-aisle 737 series.

Aviation watchdog may ask Boeing to set up 737 MAX simulators in India

India meets the criteria for trade concessions that the United States eliminated in June, India's Foreign Secretary Vijay Gokhale said on Thursday.

The United States removed India from the Generalized System of Preferences (GSP) programme that allowed duty-free entry for up to $5.6 billion worth of its annual exports to the United States, citing lack of reciprocal market access.

Washington should take a call on reinstating trade concessions under the GSP, Gokhale told a news conference.

Prime Minister Narendra Modi is scheduled to meet US&nbsp;President Donald Trump later this month in the United States.

Prime Minister Narendra Modi will meet executives from energy majors BP PLC and Exxon Mobil Corp in the United States next week to discuss investment opportunities, the foreign ministry said on Thursday.

The energy hungry nation, which has been increasing imports of crude from the United States, is looking at raising oil imports from Russia, amid uncertainty over supplies after an attack on Saudi Arabian facilities last weekend.

Modi will also attend a separate investment event with executives from JPMorgan Chase &amp; Co, Lockheed Martin, Mastercard Inc and Walmart Inc, Foreign Secretary Vijay Gokhale said.

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India meets the criteria for trade concessions that the United States eliminated in June, India's Foreign Secretary Vijay Gokhale said on Thursday. The United States removed India from the Generalized System of Preferences (GSP) programme that allowed duty-free entry for up to $5.

India meets the criteria for trade concessions that the United States eliminated in June, India's Foreign Secretary Vijay Gokhale said on Thursday. The United States removed India from the Generalized System of Preferences (GSP) programme that allowed duty-free entry for up to $5.6 billion worth of its annual exports to the United States, citing lack of reciprocal market access. Washington should take a call on reinstating trade concessions under the GSP, Gokhale told a news conference. Prime Minister Narendra Modi is scheduled to meet US President Donald Trump later this month in the United States. Prime Minister Narendra Modi will meet executives from energy majors BP PLC and Exxon Mobil Corp in the United States next week to discuss investment opportunities, the foreign ministry said on Thursday. The energy hungry nation, which has been increasing imports of crude from the United States, is looking at raising oil imports from Russia, amid uncertainty over supplies after an attack on Saudi Arabian facilities last weekend. Modi will also attend a separate investment event with executives from JPMorgan Chase & Co, Lockheed Martin, Mastercard Inc and Walmart Inc, Foreign Secretary Vijay Gokhale said.

India meets criteria to reclaim US trade concessions

Shuttler PV Sindhu crashed out of the China Open on Thursday, losing her second-round match against Thailand's Pornpawee Chochuwong.

Reigning world champion <a href="https://www.wionews.com/sports/whenever-i-lose-he-is-like-its-okay-well-try-next-time-pv-sindhu-on-coach-pullela-gopichand-245912">Sindhu</a> dominated the first game, winning it 21-12.

However, the shuttler from Thailand bounced back in the next two games and Sindhu had no answer for the gameplay showed by Chochuwong.

Chochuwong won the second and third game 21-13, 21-19 to enter the third round of the tournament.

Sindhu had defeated China's Li Xue Rui 21-18, 21-12 on Wednesday to enter the second round of the China Open.

Earlier in the day, the men's doubles pair of Chirag Shetty and Satwiksairaj Rankireddy also bowed out of the tournament after losing to Japan's Takeshi Kamura and Keigo Sonoda.

Shuttler PV Sindhu crashed out of the China Open on Thursday, losing her second-round match against Thailand's Pornpawee Chochuwong. Reigning world champion Sindhu dominated the first game, winning it 21-12.

Shuttler PV Sindhu crashed out of the China Open on Thursday, losing her second-round match against Thailand's Pornpawee Chochuwong. Reigning world champion Sindhu dominated the first game, winning it 21-12. However, the shuttler from Thailand bounced back in the next two games and Sindhu had no answer for the gameplay showed by Chochuwong. Chochuwong won the second and third game 21-13, 21-19 to enter the third round of the tournament. Sindhu had defeated China's Li Xue Rui 21-18, 21-12 on Wednesday to enter the second round of the China Open. Earlier in the day, the men's doubles pair of Chirag Shetty and Satwiksairaj Rankireddy also bowed out of the tournament after losing to Japan's Takeshi Kamura and Keigo Sonoda.

PV Sindhu crashes out of China Open; loses to Thailand's Pornpawee Chochuwong

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