Married kin cannot be denied accident compensation, rules Madras HC
Mar 18, 2016 at 14:49 | Source:
Madurai: The Madras High Court on Fridayheld that excluding married daughters and siblings of those who succumb in motor accidents from claiming compensation for the death would be against the object of the Motor Vehicles Act.Dismissing an appeal fil...
Draghi tells EU leaders he can't fix the economy on his own| Reuters
Mar 18, 2016 at 01:30 | Source:
BRUSSELS European Central Bank President Mario Draghi warned European leaders on Thursday that monetary policy alone would not be enough to jump-start the economy and that governments needed to do their job by pushing through structural reforms."...
More cautious Fed now sees only two rate hikes this year| Reuters
Mar 17, 2016 at 02:15 | Source:
WASHINGTON The Federal Reserve held interest rates steady on Wednesday and cut the expected pace of future monetary policy tightening as a weak global economy continued to weigh on policymakers despite ongoing U.S. growth and a healthy labour market....
Ukraine PM scrapes through crisis but uncertainty remains | Reuters
Mar 17, 2016 at 01:46 | Source:
KIEV Ukrainian Prime Minister Arseny Yatseniuk has scraped through the biggest challenge to his leadership so far, lawmakers said on Wednesday, but still faces an uphill battle to achieve reforms that Western backers demand.The comments by several MP...
Euro rallies, stocks rise after dovish Fed statement| Reuters
Mar 17, 2016 at 01:30 | Source:
NEW YORK Stocks in major markets rose on Wednesday, led by Wall Street, and the U.S. dollar weakened after the Federal Reserve held interest rates steady while lowering expectations for the number of rate hikes this year.The U.S. central bank noted t...
Sri Lanka's economic growth slows as tea exports reduces
Mar 15, 2016 at 19:25 | Source:
Colombo: Sri Lanka's economic growth slowed slightly to 4.8 percent last year due to a fall in exports of its main commodity, tea, official figures showed on Tuesday.The figure marked only a marginal decline on 2014, but will add to concerns after in...
Wall Street flat as investors pause ahead of Fed meeting| Reuters
Mar 14, 2016 at 23:15 | Source:
Wall Street was little changed on Monday as losses in energy shares were offset by gains in consumer discretionary stocks and investors paused ahead of the U.S. Federal Reserve's meeting on monetary policy this week.U.S. crude fell more than 4 percen...
Jaitley expects progress on GST bill in April-May| Reuters
Mar 13, 2016 at 14:15 | Source:
NEW DELHI Finance Minister Arun Jaitley said on Sunday he expects lawmakers to make progress on a goods and services tax bill and a bankruptcy law in the second part of parliament's budget session that runs from April 25 to May 13.Jaitley said the go...