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Modi invites Donald Trump to be chief guest for Republic Day 2019

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Washington is said to have indicated to New Delhi that the Trump administration is favourably considering the invite India has invited US President Donald Trump to be the chief guest for next year's  Republic Day 2019  parade, the Times of India reported on Friday. An official response from the US is still awaited. However, in the past few weeks, Washington is said to have indicated to New Delhi that the Trump administration is favourably considering the invite, the daily reported. The invite was sent in April and followed up by several rounds of diplomatic engagement. The invitation by the Narendra Modi government comes amid difference with the US over trade tariffs and the latter's sanctions on Iran. Trump's predecessor, Barack Obama, was the chief guest for the 2015 Republic Day parade and celebrations. Leaders of all the 10 countries of the ASEAN bloc were the chief guests for the 2018 parade. Article Source :  BS  

India, US will work for inclusive growth: Ivanka Trump ahead of GES Summit

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Ivanka said 52% of entrepreneurs will be women, attending from 127 different countries India and the US will continue to work together to increase economic opportunities and inclusive growth, US President Donald Trump's daughter and adviser  Ivanka Trump today said, days ahead of her visit to Hyderabad for a global business summit. Ivanka, 36, will lead a high-powered American delegation of officials, women entrepreneurs and businessmen for the  Global Entrepreneurship Summit (GES) 2017 in Hyderabad, a three-day summit beginning November 28. The summit will be attended by 1,500 entrepreneurs from 170 countries and would have around 350 participants from the US, a large number of whom are Indian-Americans. ALSO READ:  GES 2017: Economics, Ivanka and Hyderabad's green card-holding rich beggars Ivanka would deliver the keynote address at the summit, which would be inaugurated by Prime Minister Narendra Modi. She said that her aim for this summit...

TCS Board clears Rs 16,000 cr share buyback; biggest in India

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The buyback size works out to 2.85% of firm's paid up equity capital, at Rs 2,850 a share Tata Consultancy Services' (TCS')   board of directors has approved a proposal to buyback up to 5,61,40,351 equity shares of the company for an aggregate amount not exceeding Rs 16,000 crore, the company informed BSE in a filing. The buyback size works out to 2.85 per cent of the company's total paid up equity share capital, at Rs 2,850 per equity share. "The buyback is proposed to be made from the shareholders of the company on a proportionate basis under the tender offer route using the stock exchange mechanism in accordance with the provisions contained in the Sebi (Buy Back of Securities) Regulations, 1998, and the Companies Act, 2013, and rules made thereunder," the filing said. Further, the buyback size does not include any expenses incurred or to be incurred for the buyback like filing fees, advisory fees, public announcement publication expenses, print...

Full text: Barack Obama's farewell speech

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Democracy is the idea that we rise or fall as one, said Barack Obama Latest News   : It’s good to be home. My fellow Americans, Michelle and I have been so touched by all the well-wishes we’ve received over the past few weeks. But tonight it’s my turn to say thanks. Whether we’ve seen eye-to-eye or rarely agreed at all, my conversations with you, the American people – in living rooms and schools; at farms and on factory floors; at diners and on distant outposts – are what have kept me honest, kept me inspired, and kept me going. Every day, I learned from you.   Barack Obama Farewell Speech   You made me a better President, and you made me a better man. I first came to Chicago when I was in my early twenties, still trying to figure out who I was; still searching for a purpose to my life. It was in neighborhoods not far from here where I began working with church groups in the shadows of closed steel mills. It was on these streets where I witnessed the power of fait...

Automation, digitisation bigger disruptors than Trump: Vishal Sikka

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Sikka cautions that most of the work done Infosys can already be done with AI systems Latest News   : Infosys chief executive Vishal Sikka (pictured) has cautioned that the tidal wave of automation and technology-fuelled transformation could make the traditional information technology services obsolete. And, asked employees to shift their behaviour to adopt to shifts in technology. “The mountains ahead are tall ones. There is no other way but to get there and go... if we don’t, we will be made obsolete by the tidal wave of automation and technology-fuelled transformation that is almost upon us,” Sikka, the first non-founder chief executive, wrote in a New Year letter to employees. Sikka, whose letter had the subject: ‘Answers are blowing in the wind,’ cautioned that most of the work done by firms such as   Infosys   can already be done with artificial intelligence (AI) systems. “Our path forward is very clear – we need to harness the dual forces of automation ...

Brexit, note ban, Trump and more: 10 events that moved the markets in 2016

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After a roller-coaster year, Indian indices set to end 2016 with little gains Breaking News   - The year 2016, indeed, has been a year of many surprises. From Britain’s unexpected vote to exit the European Union to Republican candidate Donald Trump’s upset victory in the US Presidential election, from Raghuram Rajan’s decision of not seeking a second term as the Reserve Bank of India (RBI) governor to India’s sudden surgical strike on Pakistan – the Indian stock market dealt with all these shocks through   Markets 2016 . The biggest of them all, however, was the government’s call towards the end of the year to demonetise Rs 500 and Rs 1,000 currency notes. After 12 months of a roller-coaster ride, the market now seems poised to end the calendar year at almost the same level as at the start of 2016. As at close on Tuesday, the BSE benchmark Sensex was merely 96 points, or 0.4%, higher at 26,213.44, and the broader National Stock Exchange Nifty was up 86 points, or 1%, a...

Melania Trump is set to be a long-distance first lady

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She was an elusive figure in the campaign, had no political experience before her husband's stunningly successful outsider campaign A long-distance   first lady   will be one of the many different things about Donald Trump's administration. Breaking with tradition, Melania Trump and 10-year-old son Barron will remain in New York City until the end of the school year, after the new president moves into the   White House on January 20. The decision sets Melania Trump apart from other first ladies. But it seems in character for the former model and naturalised US citizen from Slovenia. She was an elusive figure in the campaign and had no political experience before her husband's stunningly successful outsider campaign. In an interview with US Weekly earlier this year,   Melania Trump   said that Barron "needs a parent at home, and I like to keep it as normal as possible. Read Source>>>

5 ways how India stands to benefit from the US pulling out of TPP

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United States President-elect Donald Trump on Tuesday said the US will quit the   TRANS-PACIFIC PARTNERSHIP   ( TPP ) trade deal on his first day in the   WHITE HOUSE . The mega trade deal involves 12 Pacific rim nations including major economies like Japan, Australia, New Zealand and Canada. With a collective population of about 800 million, almost double that of the European Union’s single   MARKET , the bloc currently accounts for 40 per cent of world trade. While the free trade deal will see tariffs slashed between member nations to boost falling trade, sections within the US has argued it will further accelerate the slide in American jobs and production. Guessing that Trump does not go back on his decision, something he is known to do, India stands to benefit in a plethora of ways if TPP does not materialise. HERE ARE A FEW OF THEM:- 1) Access to lucrative US market to be cut for India’s export competitors: 2) The Regional Comprehensive Economic Part...

Donald Trump vows to immediately deport up to 3 million undocumented immigrants

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There are an estimated 11 mn documented immigrants in US, several hundred thousand are believed to be Indian-Americans In line with his hardline immigration stance, President-elect  Donald Trump  has vowed to immediately deport up to three million undocumented immigrants, saying "we are getting them out of our country or we are going to incarcerate". "What we are going to do is get the people that are criminal and have criminal records, gang members, drug dealers, where a lot of these people, probably two million, it could be even three million, we are getting them out of our country or we are going to incarcerate," Trump told  CBS News . "But we're getting them out of our country, they're here illegally," the 70-year-old business tycoon-turned politician said in an excerpt released ahead of broadcast of the interview. During the election campaign, Trump had warned that those countries which do not accept these illegal  immigrants , he ...

US Election Live: Who will be the next President of the US?

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US Election Live: Who will be the next President of the US? Will Democrat  Hillary Clinton  win the race the White House? Or will industrialist and Republican candidate  Donald Trump  trump career politician Clinton? Track the live action here  Read More

US presidential debate: Hillary Clinton, Donald Trump spar over jobs, taxes

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US presidential debate: Hillary Clinton, Donald Trump spar over jobs, taxes Democrat   Hillary Clinton   and Republican Donald Trump took to the stage on Monday to begin their first-ever presidential debate and immediately sparred over jobs, taxes, the Islamic State (IS), guns and the former secretary of state's undisclosed emails, media reports said. Clinton is held to have won the first presidential debate, according to a new CNN/ORC poll. According to the poll of debate watchers, 62 per cent of voters who watched the debate thought Clinton won, while only 27 per cent said that   Donald Trump   came out on top. On prosperity, taxes and jobs Moderator Leslie Holt of   NBC News   opened the 90-minute debate at Hofstra University, Long Island, New York, with the first topic being "Achieving Prosperity", where the first question about putting money back into Americans' pockets and creating jobs was directed to Clinton, CNN   reported. Cli...