Obama outshines 11 previous US presidents, commutes sentences of record 872

New York [USA], Oct. 28 : United State President Barack Obama created a record on Thursday after commuting the sentences of 98 inmates, most of whom were convicted on nonviolent drug charges and 42 of them were facing life imprisonment.

The White House announced that this brings the total number of sentences commuted by Obama during his presidency to 872 individuals, 688 in 2016 alone and more than the previous 11 presidents combined, reports the CNN.

"These are individuals- many of whom made mistakes at a young age - who have diligently worked to rehabilitate themselves while incarcerated," White House Counsel Neil Eggleston wrote in the blog post.

The commutations are part of a White House push to bring existing sentences in line with current standards.

Putin opposes setting time limit for signing post WWII peace treaty with Japan

Moscow [Russia], Oct. 28 : Russian President Vladimir Putin has expressed his opposition to setting a time frame for the signing of a post World War II peace treaty between Russia and Japan.

"This is a case where it is impossible and even harmful, in my opinion, to determine any time limits," Russia's Tass news agency quoted him as saying.

Putin made the remarks at a forum in Sochi, in reply to a question from a Japanese representative who asked if a peace treaty could be signed in the next two, three or four years, reports the Japan Times.

Spat over four Russian-held island which are claimed by the Japanese has prevented the two countries from concluding a postwar peace treaty.

Imran Khan 'under siege' after 'terror' crackdown on PTI

Islamabad [Pakistan], Oct. 28 : Law enforcers laid siege to Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan's residence late Thursday night as a crackdown was launched against his supporters.

The opposition party responded by announcing nation-wide protests against what it called 'terrorism' of the government, reports the Express Tribune.

Police detained dozens of PTI workers - including women - for violating Section 144 which the administration had imposed yesterday morning. Television footage showed police scuffling with Imran's supporters before bundling them into prison vans and whisking them away.

Somany Design Studio drives into Lucknow to showcase best tiles and sanitaryware

New Delhi [India], Oct 28 : Somany Ceramics Ltd., leaders of the Indian ceramic industry, will be driving their pioneering initiative, the Somany Design Studio into Lucknow to showcase the best of their brand offerings from 27th to 29th October 2016.

GSTN, DGFT sign MoU for sharing of foreign exchange realisation data

New Delhi [India], Oct. 28 : The Goods and Services Network (GSTN) has announced signing of a Memorandum of Understanding (MoU) with Director General of Foreign Trade (DGFT) for sharing of foreign exchange realization and import export code data.

The move is likely to strengthen the processing of export transactions of taxpayers under GST and increase transparency and reduce human interface.

An electronic bank realization certificate (eBRC) captures transaction level details of foreign exchange realized in India. The eBRC project implemented by DGFT created an integrated platform for receipt, processing and subsequent use of all bank realization related information by the exporters, banks, central and state government departments.

Zoya Akhtar reminisces ZNMD with Abhay, Katrina

New Delhi [India], Oct. 28 : Zoya Akhtar, who directed 2011 hit flick ' Zindagi Na Milegi Dobara', seemed to be reliving the successful making of the movie more than five years hence.

Pages

News in Focus

Wildz Group First to Secure a Finnish iGaming License; More Online Casino Brands Coming Soon

Wildz Group says it has become the first iGaming operator granted a license to offer online casino and sports betting products in Finland, a market that opens to private competitio

ICICI Lombard Share Price Target at Rs 2,000: ICICI Direct

ICICI Securities has maintained its BUY call on ICICI Lombard General Insurance and raised its target price to Rs 2,000 from Rs 1,932, implying about 17% upside from the current market price of Rs

LTIMindtree (LTM) Share Price Target at Rs 5,125: Anand Rathi

Anand Rathi Share and Stock Brokers has maintained its BUY rating on LTIMindtree (LTM) and raised its 12-month target price to Rs 5,125 from Rs 4,717, implying about 16.7% upside from the Rs 4,390

ICICI Bank Share Price Target at Rs 1,750: Motilal Oswal Issues Bullish Outlook for Private Sector Lender

Motilal Oswal has reiterated its BUY call on ICICI Bank with a target price of Rs 1,750, about 25% above the current market price of Rs 1,397 after a stellar second quarter.

CEAT Share Price Could Reach Rs 4,500: ICICI Securities Issues Bullish Call with 40% Upside

ICICI Securities has maintained its BUY rating on CEAT with an unchanged target price of Rs 4,500, implying about 40% upside from the current market price of Rs 3,222.

DLF Share Price Target at Rs 780: Motilal Oswal Remains Bullish on Real Estate Major

Motilal Oswal Financial Services has reiterated its BUY rating on DLF and raised its target price to Rs 780, implying about 16% upside from the current market price of Rs 674.