Daily headlines from the UAE and around the world brought to you by Gulf News. India vows relief for middle class taxpayers. Israeli regime announces construction of 3,000 colony homes in the occupied West Bank. African leaders call for collective withdrawal from the International Criminal Court. Johnny Depp countersued by former business managers.
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00:00India is a bright spot in the world economy, Finance Minister Arun Jaitley said as he unveiled
00:15his annual budget today.
00:18Jaitley pledged relief for middle-class taxpayers and small and medium-sized companies while
00:23planning billions of dollars in spending to double farmers' incomes over the next
00:29five years.
00:30The budget also vowed to improve the country's ramshackle infrastructure and provide cheap
00:36homes to people.
00:37Projecting an economic growth of between 6.75% and 7.5% in 2017-2018, Jaitley raised the
00:48federal deficit target to 3.2% of GDP.
00:53The Israeli regime announced Tuesday night the construction of 3,000 colony homes in
00:59the occupied West Bank.
01:01It was the fourth such announcement in less than two weeks since the inauguration of US
01:06President Donald Trump.
01:08They had been frozen under pressure from the previous Obama administration, which had warned
01:14that colonies could derail hopes of a two-state solution.
01:19African leaders have adopted a strategy calling for a collective withdrawal from the International
01:24Criminal Court.
01:25The non-binding decision came behind closed doors near the end of an African Union summit
01:31and was the latest expression of impatience by African leaders with the court.
01:36Some nations have claimed that the court focuses too narrowly on Africa while pursuing cases
01:42of genocide, war crimes and crimes against humanity.
01:46Johnny Depp's former business managers have countersued the actor.
01:51The filing in Los Angeles Superior Court by the management group claimed his lavish lifestyle
01:56that cost more than $2 million a month to maintain caused his recent financial troubles.
02:03The lawsuit said Depp paid more than $75 million to buy and maintain 14 homes, including a
02:10French chateau and a chain of islands in the Bahamas.
02:14They also said the Hollywood star ignored their repeated warnings.