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Jan312018 by adminNo Comments
FBI has 'grave concerns' about controversial Republican memo

FBI has 'grave concerns' about controversial Republican memo

World
The FBI has publicly challenged a push by Republican lawmakers to release a controversial memo which purports to show anti-Trump bias at the agency."We have grave concerns about the material omissions of fact that fundamentally impact the memo's accuracy," the FBI said in a statement.A top Trump aide said on Wednesday they would release the top secret document "pretty quick", despite the objections. Democrats claim the memo is an attempt to discredit the FBI-led Russia probe."It will be released here pretty quick, I think, and the whole world can see it," White House chief of staff John Kelly said during an interview with Fox News Radio on Wednesday morning.Hours later, the FBI issued a rare statement saying that it had had "limited opportunity" to review the document before the House Inte...
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Oct42017 by adminNo Comments
'Excise duty cut on petrol, diesel adds to fiscal concerns'

'Excise duty cut on petrol, diesel adds to fiscal concerns'

Finance
NEW DELHI: Government's decision to cut excise duty on petrol and diesel will be a relief for consumers as it will lower CPI inflation by around 8-9 bps, but will add to fiscal concerns of the economy, says a Nomura report.According to the global financial services major, this decision further adds to the risk that the government will likely miss its fiscal deficit target for this fiscal."Given already stretched fiscal finances due to front- loaded spending and lower non-tax revenues, this decision further adds to the risk that the government will likely miss its 2017-18 fiscal deficit target of 3.2 per cent of GDP," Nomura said in the research note.The government had hiked excise duty on petrol and diesel in 2015-16 when international prices were declining, which resulted in substantial f...
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