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US stocks advance amid earnings, economic data
Source:  The Siasat Daily
Friday, 18 January 2019 09:57

US stocks advance amid earnings, economic data

New York: US stocks rose as Wall Street awaited the latest quarterly results from online streaming giant Netflix while digesting a slew of economic data.

The Dow Jones Industrial Average on Thursday jumped 162.94 points, or 0.67 percent, to 24,370.10. The S&P 500 was up 19.86 points, or 0.76 percent, to 2,635.96, Xinhua news agency reported.

The Nasdaq Composite Index rose 49.77 points, or 0.71 percent, to 7,084.46.

All the 11 primary S&P 500 sectors closed higher, with both industrials and materials up more than 1.6 percent, outperforming others.

Netflix delivered mixed fourth-quarter results after Thursday’s close, as its earnings beat expectations while revenue missed estimates. The results sent the stock dipping more than 2 percent in after-hours trading.

Earlier this week, Netflix announced it would raise monthly subscription prices in the US by 13 to 18 percent, a move that was cheered by Wall Street.

Shares of Morgan Stanley slid more than 4 percent at the close after the investment bank on Thursday reported earnings and revenue, both disappointing analysts.

On the economic front, in the week ending January 12, the advance figure for US initial jobless claims, a rough measure of layoffs, was 213,000, down 3,000 from the previous week’s unrevised level, the Department of Labor reported on Thursday. The reading was lower than the market consensus.

Meanwhile, the more stable 4-week moving average was 220,750, a decrease of 1,000 from the previous week’s unrevised average of 221,750.


Fly directly to Jaisalmer from Udaipur in April
Source:  UdaipurTimes
Friday, 18 January 2019 09:56

Udaipur flight route is expanding. In the series of additions of new sectors, we are now about to have direct flights to the golden city-Jaisalmer. Under the Regional Contact Scheme (RCS), Indigo Air is beginning its first connectivity with Jaisalmer in April.

Download the UT Android App for more news and updates from Udaipur

Until now there is no direct connection of Udaipur with Jaisalmer. The Golden City is not connected directly with Udaipur even via rail route. People wishing to go to Ramdevra and Tanot Mata ji are required to travel all the way to Jaislamer via Jodhpur which is actually a long route. With this direct flight of Indigo Air, Udaipur public can plan a good trip to Jaisalmer. The flight is likely to take one hour to reach Jaisalmer from Udaipur and the estimated fare is 2500 rupees. Tourists on a visit to Lakecity need not go back to Sun City Jodhpur to reach Jaisalmer, instead they will be pleased that flight from Lake City can take them directly to Golden City now.

The post Fly directly to Jaisalmer from Udaipur in April appeared first on UdaipurTimes.com.


Steve Carell to star in comedy based on Trump’s ‘Space Force’
Source:  The Siasat Daily
Friday, 18 January 2019 09:56

Steve Carell to star in comedy based on Trump’s ‘Space Force’

Washington: It seems that Steve Carell and Greg Daniels are reuniting! Carell will get together with The Office creator for a Netflix series inspired by President Donald Trump’s idea for a space force as the sixth branch of the military.

The series will be co-created by Carell and his former Office showrunner Daniels. Carell will star in the series, which is being described as a workplace comedy centered on people tasked with creating a sixth branch of the armed services, wrote The Hollywood Reporter.

Daniels will executive produce alongside Carell and 3 Arts’ Howard Klein, with the trio reuniting following their collaboration on NBC’s The Office. An episode count has not been determined as scripts for the comedy have yet to be written.

Space Force is Carell’s latest TV foray and first long-term commitment since he wrapped his seven-season run on The Office.

The actor, currently starring in the features Beautiful Boy, Vice and Welcome to Marwen, signed on as the male lead in Apple’s Jennifer Aniston-Reese Witherspoon morning show drama in October.


EC takes note of social media posts citing fake poll dates, calls for probe
Source:  Times of India
Friday, 18 January 2019 09:56

The Election Commission, taking serious note of a post on social media citing ‘fake’ poll dates for the upcoming general election, asked Delhi Police to investigate. "Fake news relating to the schedule of LS polls 2019 has been found to be in circulation on various social media platforms," EC said.

Chinese shares open higher; yuan weakens
Source:  The Siasat Daily
Friday, 18 January 2019 09:54

Chinese shares open higher; yuan weakens

Beijing: Chinese stocks opened higher on Friday, with the benchmark Shanghai Composite Index up 0.32 per cent to open at 2,567.74 points.

The Shenzhen Component Index opened 0.22 per cent higher at 7,486.95 points, Xinhua news agency reported.

Meanwhile, the central parity rate of the Chinese currency renminbi, or the yuan, weakened 73 basis points to 6.7665 against the US dollar, according to the China Foreign Exchange Trade System.

In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 per cent from the central parity rate each trading day.

The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.


Shiv Sena hits out at Maharashtra govt over Shivaji memorial delay
Source:  The Financial Express
Friday, 18 January 2019 09:53

The Sena said while the government made amendments in the Constitution to give 10 per cent quota to economically weaker sections of the general category and solved the triple talaq issue similarly, the issues of constructing a Ram temple in Ayodhya and Shivaji memorial in Mumbai remain unresolved.

Jason Reitman all set to direct new ‘Ghostbusters’ film
Source:  The Siasat Daily
Friday, 18 January 2019 09:52

Jason Reitman all set to direct new ‘Ghostbusters’ film

Washington: Sony Pictures has enlisted Jason Reitman as director for the new Ghostbusters film.

Reitman is the son of original Ghostbusters director Ivan Reitman. Jason Reitman will helm the new film that he has been working on in secret.

According to The Hollywood Reporter, the filmmaker co-wrote the script with Gil Kenan. Kenan is the director of the animated film Monster House. The film is set to go into production this summer and is expected to release in 2020.

The whole project, which has been under a veil of secrecy, has been operating under the code name “Rust City.”

Sony is calling the new film “the next chapter in the original story,” and says it continues the narrative of the 1980s classic.

However, whether the original members will return or not remains to be seen. Sources told the magazine that Reitman is on the lookout to cast four teens in the film, two boys and two girls.

Reitman has been twice nominated for a best director Oscar (2007’s Juno and 2009’s Up in the Air) and directed two films last year – Tully, a drama starring Charlize Theron, and The Frontrunner, a political drama on former Sen. Gary Hart and starred Hugh Jackman.


Arun Jaitley Ridicules Mahagathbandhan, Calls Them "Nawabs Of Negativity"
Source:  NDTV News
Friday, 18 January 2019 09:50

The opposition "mahagathbandhan" (grand alliance) is a club of "nawabs of negativity" and the only glue of this diverse grouping is its opposition to one man (Narendra Modi), Finance Minister Arun...

Rupee falls 20 paise to 70.23 per US dollar in early trade; 10-year govt bond yields rise
Source:  The Financial Express
Friday, 18 January 2019 09:50

Rupee vs US dollar: The Indian rupee today opened 71.07 per US dollar, down 4 paise from the previous close of 71.03 per US dollar, data available with the Bloomberg website showed.

Hyderabad: Man sentenced to 10 years rigorous imprisonment for raping minor girl
Source:  The Siasat Daily
Friday, 18 January 2019 09:50

Hyderabad: Man sentenced to 10 years rigorous imprisonment for raping minor girl

Hyderabad: The first Additional Metropolitan Sessions Judge sentenced a man to 10 years rigorous imprisonment for sexually violating a minor girl. The man is identified as Syed Amjad (32), an autorickshaw driver.

According to the report published in Telangana Today, the court has also imposed a fine of Rs. 2000.

During the hearing, Amjad has made a plea for lenient view while sentencing him as he has to take care of his two children and wife. However, his plea was rejected as the crime was heinous. The verdict was delivered by Judge Suneetha Kunchala.

The court also ordered compensation for the victim and referred the matter to the District Legal Services Authority to decide the compensation.

It may be mentioned that the crime was committed in 2015 and the complaint was lodged by the girl’s mother on 2nd December 2015 after victim narrated her ordeal.


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