Thursday, Jun 27 2019 | Time 15:33 Hrs(IST)
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  • Palaniswami laids foundation stone for sea water desal plant at Nemmeli
  • Petrol rates up by 7 p/l & diesel in range of 4-6 p/l
  • Efforts underway to recover bodies of Chinese climbers in Pakistan
  • Commemorate martyrdom of J&K policemen, name prominent places after them: Shah
  • Hockey India congratulates Dr Batra on being elected as IOC member
  • Hockey India congratulates Dr Batra on being elected as IOC member
  • Rajanikanta Singh elected as Deputy Speaker of Odisha Legislative Assembly
  • Cong hits out at Khattar Govt for murder of party leader Vikas Chaudhary in Haryana
  • India-Japan enhanced cooperation augurs well for world, says PM Modi
  • Three of a family, including a TV journo, killed in fridge blast
  • Dr Vardhan to address G20 Jt session of Health, Finance Ministers in Japan
  • India win toss, opt to bat against West Indies
  • India win toss, opt to bat against West Indies
  • SpiceJet to start daily non-stop flight from Mumbai to Hong Kong from July 31
  • Karate Thiagarajan suspended from Congress,
World


Zambia dismisses rumours about currency controls

Lusaka, May 21 (UNI) The Zambian government says it has no plans to re-introduce exchange controls in a bid to stop the plummeting value of the local currency against major convertible currencies.
According to a Tuesday report of the BBC Africa, the Zambian kwacha has hit its lowest level against the US dollar since November 2015, making it Africa’s worst performing currency.
Following its poor performance, speculation has been rife that the government may look to reintroduce exchange controls as a mitigating measure.
However, Finance Minister Margaret Mwanakatwe said in a statement that she wished to "assure both local and foreign investors, businesses, and the general public, and categorically state that the government is not about [to] and will not re-introduce exchange controls".
The statement said the government had received reports of "unscrupulous persons" spreading false information implying that exchange controls are about to be re-introduced in Zambia, and "that foreign currency accounts held in our banking system will be converted into kwacha".
Ms Mwanakatwe said her government remains committed to maintaining the current “flexible exchange rate regime". Zambia, which relies on mining as the main economic activity, has also experienced upheavals in that sector.
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Vile act of torture prohibited ‘under all circumstances’

27 Jun 2019 | 3:28 PM

United Nations, Jun 27 (UNI) While the prohibition of torture is “absolute, under all circumstances”, UN Secretary-General António Guterres has bemoaned the fact that “this core principle is undermined every day” - in detention centres, prisons, police stations, psychiatric institutions and other places where captor can prey on captive.

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India-Japan enhanced cooperation augurs well for world, says PM Modi

India-Japan enhanced cooperation augurs well for world, says PM Modi

27 Jun 2019 | 3:08 PM

Osaka (Japan), Jun 27 (UNI) Prime Minister Narendra Modi on Thursday said that the extensive cooperation and stronger ties between India and Japan augurs well for both the countries and the entire world.

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Summon spirit of San Francisco, says GA Prez on UN Charter anniv

Summon spirit of San Francisco, says GA Prez on UN Charter anniv

27 Jun 2019 | 2:17 PM

United Nations, Jun 27 (UNI) Reaffirming faith in human rights, promoting social justice and saving the world from the “scourge of war”: just some of the founding principles of the United Nations, which appear in the Organisation’s bedrock Charter, signed exactly 74 years ago in San Francisco.

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Peace in Gulf at critical juncture, says DiCarlo

27 Jun 2019 | 1:40 PM

United Nations, Jun 27 (UNI) The Iran nuclear deal must “continue to work for all”, despite moves by both the United States and Iran which have destabilised the “hard-won” 2015 agreement, the UN Political Affairs chief has told Security Council members.

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India, Japan could work on joint projects in Sri Lanka, Bangladesh and Myanmar

India, Japan could work on joint projects in Sri Lanka, Bangladesh and Myanmar

27 Jun 2019 | 1:35 PM

Osaka (Japan), Jun 27 (UNI) India and Japan on Thursday broadly agreed in principle to work on joint projects in third countries and especially in the neighbourhood such as Sri Lanka, Bangladesh and Myanmar.

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