Daily Newsletter | Wednesday, January 31, 2018
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| China may hit back at Trump’s trade actions |
| American businesses in China are gearing up for a possible retaliation from the Chinese government if US President Donald Trump follows through on his pledge to take strong action against what he regards to be Beijing’s “unfair trade” practices. |
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| Aadhaar-based profiling fears serious, SC says |
| The Supreme Court on Tuesday said apprehensions of profiling of citizens on the basis of Aadhaar data is a serious issue that needs examination but the court also cannot neglect benefits to the common man by way of middlemen being eliminated and welfare schemes reaching the beneficiaries. |
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| Budget to focus on growth of 7 states, 200 districts |
| The Centre is expected to provide a major push to development in seven states in the eastern part of India when it presents the budget for 2018-19 as it focusses on transforming 200 districts as part of its ‘New India’ strategy. |
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| SBI hikes bulk deposit rates for second time in 2 months |
| The bank had last raised deposit rates, revisions on which generally precede similar moves on the lending side, by up to 1 percentage point in November. At least, three banks have already hiked their lending rates earlier this month. |
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