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Archive: All news

  • Germans See World Cup Win as a Symbol of Global Might

    14 July, 2014 3:24 AM 45

    Berlin: Even normally quiet streets were electrified early Monday by Germany's dramatic 1-0 win of the World Cup in extra time, a victory that symbolized, at least to fans, not just the country's dominance of Europe, but its global prominence. Car horns and vuvuzelas honked, and fireworks and firecrackers exploded. (Germany Win World Cup) On the Kurfuerstendamm

  • June CPI expected to soften to 7.45%

    14 July, 2014 3:13 AM 7

    The wholesale price index (WPI) is going to come out earlier. The consumer price index is going to come out this evening at 5.30 pm. Between the two, which is both for the month of June, the CPI is obviously going to have more weightage because that is what the Reserve Bank of India (RBI) is targeting in some fashion, 8 percent by January 2015. For June, the CPI data is expected

  • TVS Motors, Titan, Glenmark in Focus Today

    14 July, 2014 3:12 AM 5

    TVS Motors Company: As per the data released by industry body Society of Indian Automobile Manufacturers TVS Motor's sales have exceeded those of Bajaj Auto in June and for the April-June quarter. TVS Motors has gained third position in two wheeler sales in the domestic market by replacing Bajaj Auto. Titan Company: The gold jewellery division of Titan

  • Ian Thorpe 'Comfortable' With Gay Admission in Interview

    14 July, 2014 3:09 AM 9

    Australian swimming champion Ian Thorpe's decision to come out as gay attracted a flurry of supportive comments. Australian swimming champion Ian Thorpe revealed he was gay in an interview on Sunday and said he was now comfortable admitting it after years of denying rumours about his sexuality. The five-time Olympic gold medallist made the revelation

  • Nifty Below 7,600 Could Pose Problems for Bulls: Sanjeev Bhasin

    14 July, 2014 3:01 AM 4

    The Nifty is likely to see further correction & find support at 50 day moving average (DMA), which is around 7,386. Foreign funds may continue selling in cash markets. The European Bank problem poses collateral risk and selling equity to raise cash may continue. If the Nifty slips below 20 DMA (at 7,600), bulls will come under pressure as leveraged positions

  • Modi's farm export curbs may ease June inflation

    14 July, 2014 3:01 AM 9

    India's inflation probably eased marginally in June after the new government curbed farm exports, but a growing risk that drought will shrivel summer crops could encourage the central bank to keep interest rates on hold. Prime Minister Narendra Modi, elected in May amid anger over rising prices, has ordered a crackdown on hoarding to hold down food prices

  • Chennai's Theatre Festival for Children a Super Hit

    14 July, 2014 2:59 AM 5

    Chennai: Chennai's very own international theatre festival for children "The Little Festival" is a grand success. Into its fifth edition, around five thousand children flocked to watch three internationally acclaimed productions from Israel, Korea and India. With sub-titles shown on monitors, the foreign language was not a barrier for little children

  • For a Weekend, Ukrainian Rebels Make Love, Not War

    14 July, 2014 2:55 AM 7

    A rebel leader wearing fatigues and a cast on his broken right arm marched into the city's main wedding registry office Friday with his betrothed for a marriage ceremony that was attended by several dozen armed militiamen. The wedding, much of which was broadcast live on Russian television, was billed as the first ever registered in the self-declared

  • Air India Flight Lands Safely After Bird Strike

    14 July, 2014 2:52 AM 10

    Newark, US: An India-bound flight out of New Jersey was forced to return to the airport because of an engine fire sparked by a bird strike. A spokeswoman for the agency that operates Newark Liberty International Airport says no one on board Air India Flight 144 was injured. Port Authority of New York and New Jersey spokeswoman Erica Dumas says the flight

  • Citi, US $7-bn settlement announcement expected today

    14 July, 2014 2:50 AM 13

    Citigroup agreed to pay USD 7 billion to resolve a US government investigation into shoddy mortgage-backed securities the bank sold in the run-up to the 2008 financial crisis in a settlement set to be announced on Monday, sources said. The USD 7 billion includes USD 4 billion in cash to the US Department of Justice, USD 2.5 billion in consumer relief