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Robert Mueller 'should not testify' before US Congress, says Trump

Robert Mueller 'should not testify' before US Congress, says Trump

US President Donald Trump declared on Sunday that Special Counsel Robert Mueller "should not testify" before Congress on his investigation into Russia's interference in the 2016 elections.

The House Judiciary Committee has asked Mueller to testify on May 15 about his 22-month-long investigation, which found that Trump attempted to thwart the probe but was silent on whether he should be charged with obstruction of justice.

Hyundai pockets 2,000 bookings for Venue in 1 day

Hyundai pockets 2,000 bookings for Venue in 1 day

Hyundai Motor India on Friday said it has received 2,000 bookings of its upcoming compact SUV Venue on the first day of initiating the process.

The company had opened the pre-launch bookings for the model on May 2. “The Day-1 response is a record booking for an SUV, with an average of 84 Venue cars every hour,” Hyundai Motor India Ltd (HMIL) National Sales Head Vikas Jain said in a statement.

GMR Rajahmundry achieves resolution plan for Rs 2,353-crore debt with lenders

GMR Rajahmundry achieves resolution plan for Rs 2,353-crore debt with lenders

GMR Group’s debt-laden 768 MW gas-based Rajahmundry power plant in Andhra Pradesh has achieved a resolution plan with the IDBI Bank-led consortium of lenders for payment of `2,353 crore debt.

Lenders holding majority 55% stake in Rajahmundry Energy, a subsidiary of GMR Infrastructure, have agreed to a payment plan where `1,130 crore will be paid at 9% rate of interest over the next 20 years, while `941 crore has been converted into cumulative reedemable preference shares at 0.1% repayable from 17th to 20th year.

Vodafone Idea, IBM sign five-year deal for cloud platform

Vodafone Idea, IBM sign five-year deal for cloud platform

Vodafone Idea has signed a multi-million dollar five-year deal with IBM for cloud-based digital platform that will allow the telco to deliver an enhanced customer experience to its over 387 million users.

Both Vodafone and Idea Cellular had been partners of IBM prior to their merger and now the deal has been renewed for five years with the merged entity.

Facebook considering its own bitcoin for payments: Report

Facebook considering its own bitcoin for payments: Report

The Wall Street Journal reports that Facebook plans a cryptocurrency-based payment system that it could launch for billions of users worldwide.

The system would use a digital coin similar to bitcoin, but different in that Facebook would aim to keep the coin's value stable.

No gold shifted outside India in 2014 or thereafter, says RBI refuting reports

No gold shifted outside India in 2014 or thereafter, says RBI refuting reports

The Reserve Bank of India (RBI) Friday said no gold was shifted outside the country in 2014 or thereafter.

The statement comes against the backdrop of reports in certain sections of the print and social media regarding the central bank shifting abroad a part of its gold holding in 2014.

Trial run of payment service going on, final launch after due RBI compliance : WhatsApp to SC

Trial run of payment service going on, final launch after due RBI compliance : WhatsApp to SC

Instant messaging app WhatsApp Friday told the Supreme Court that it is conducting a trial run of its payment service and will comply with RBI norms on data localisation before launching the full service.The trial run is likely to be completed by July end this year, it said.

US think-tank demands hard decisions against 'terror-sponsor' Pakistan

US think-tank demands hard decisions against 'terror-sponsor' Pakistan

Pakistan continues to sponsor terror outfits that launched deadly attacks in India because Islamabad has "paid no price for its perfidy", a prominent think-tank expert has told American lawmakers.

“Pakistan continues to sponsor terrorist groups that launched deadly attacks in India.

China possibly more interested in a nuclear deal than trade: Trump

China possibly more interested in a nuclear deal than trade: Trump

China has expressed interest in joining a nuclear deal between US and Russia, President Donald Trump said Friday.

We're talking about a nuclear agreement where we make less and they make less," Trump told reporters after his telephonic conversation with the Russian President Vladimir Putin.

Cyclone Fani: IOC says arrangements in place for uninterrupted fuel supply in Odisha, West Bengal

Cyclone Fani: IOC says arrangements in place for uninterrupted fuel supply in Odisha, West Bengal

Indian Oil Corp (IOC), the country’s biggest fuel retailer, Friday said it has made arrangements to ensure uninterrupted supply of petrol, diesel, LPG and jet fuel in Odisha and West Bengal that faced a category-4 cyclone.

“In the wake of the cyclone Fani making landfall in Odisha earlier today (Friday), IOC is fully geared up and ensuring uninterrupted fuel supply from its locations in Odisha and West Bengal on the east coast,” the company said in a statement.

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