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IPL spot-fixing Live: Players and staff distressed, says CSK coach
May 25, 2013 at 18:59 | Source: FirstPost
6:55 pm: CSK coach says players and support staff are distressedStephen Fleming, the CSK coach has said that the players and support staff are distressed about the news that the CSK franchise is facing questions about its officials' alleged involveme...
IPL spot-fixing Live: Meiyappan sent to police custody till 29 May
May 25, 2013 at 18:08 | Source: FirstPost
6:00 pm: Delhi Police say that more Indian cricketers might have been in touch with bookiesAccording to the police, arrested bookie Mohd Yahya has given names of more Indian cricketers who were in touch with him. The police have said in the past that...
South Asians rely on informal money transfers: Study
May 25, 2013 at 17:50 | Source: Economic Times
WASHINGTON: Nearly 800 million South Asians and Indonesians sent or received a payment or remittance last year with a majority of them doing so informally, according to a new Gallup study. About 60 per cent of the adult population in the South Asian...
Correction or rally? The jury is out on Nifty, Bank Index
May 25, 2013 at 17:23 | Source: FirstPost
Special to FirstpostCNX Nifty (5,983.55): The price action in the Nifty in the last trading week was in line with expectations. As observed in the chart posted a couple of weeks ago, the Nifty reversed right off the then mentioned upper trend-line. (...
Stock market snaps five-week rally; Sensex, Nifty tank 3%
May 25, 2013 at 17:15 | Source: Business Today
A string of negative factors weighed heavily on market as both benchmark indices, S P Sensex and CNX Nifty, came off their nearly 30-month highs and tumbled 2.9 per cent and 3.3 per cent respectively during the week under review, snapping a five-wee...
Chidambaram sees growth accelerating this fiscal
May 25, 2013 at 17:15 | Source: Business Today
Finance Minister P Chidambaram on Saturday exuded confidence that the sagging economic growth will soon revive and economy this fiscal will grow by at least one per cent more than last fiscal.The final FY13 GDP numbers are expected early next week a...
BCCI should think of putting an end to the IPL
May 25, 2013 at 16:51 | Source: FirstPost
The arrest of Gurunath Meiyappan, Principal of Chennai Super Kings (India Cements released a statement saying Meiyappan had nothing official to do with the IPL team), and the mounting pressure on his father-in-law, N Srinivasan, to resign as BCCI pre...
South Asians rely on informal money transfers: Gallup
May 25, 2013 at 16:32 | Source: Zee Business
Washington: Nearly six in ten adults in the South Asian region and Indonesia sent or received a payment or remittance in 2012 with a majority doing so informally, according to a new Gallup study.In terms of hard numbers 800 million South Asians and ...
UK Consumers now buy, waste less food than before the recession
May 25, 2013 at 16:32 | Source: DomainB
Consumers in the UK are spending less on buying less food than they had been for 10 years, according to the Office for National Statistics (ONS). Food sales had been increasingly rising for a generation before the financial crash. According to Debor...
Manmohan Singh asks SEBI to take steps to eliminate stock market insider trading
May 25, 2013 at 16:25 | Source: DNA India
Prime Minister Dr Manmohan Singh has asked market regulator Securities Exchange Board of India (SEBI) to root out the disease of insider trading from stock markets. Participating in SEBI s silver jubilee celebrations in Mumbai on Friday, Dr. Singh s...
Top trading strategies for the coming week
May 25, 2013 at 15:35 | Source: Economic Times
By Mitesh Thacker The Nifty opened the week on a positive note and registered an intra-week high of 6229.45 levels. With Friday's down move, the index witnessed a weekly low of 5936.80 levels. Finally, the Nifty closed at 5983.55, with a loss of 203....
Shift in policy: China plans to reduce state's role in the economy
May 25, 2013 at 15:35 | Source: Economic Times
SHANGHAI: The Chinese government is planning for private businesses and market forces to play a larger role in its economy, in a major policy shift intended to improve living conditions for the middle class and to make China an even stronger competi...
Will Barack Obama be the president with best stock market record in 21st century?
May 25, 2013 at 15:35 | Source: Economic Times
In the 84 years that the Standard & Poor's 500-stock index has been calculated, it doubled during the terms of only four presidents before Barack Obama's election in 2008. This month that number rose to five as the index climbed to more than twice w...
Chit-fund scam: Sudipta Sen cash trail may lead to Singapore, Bangkok
May 25, 2013 at 15:35 | Source: Economic Times
KOLKATA: With the BidhannagarCommissionerate stumbling over the 30-odd foreign bank accounts where Sudipta Sen seems to have stashed his money, a reference is being made to the Financial Intelligence Unit (FIU) - an independent body reporting direct...
The Srinivasan years: The worst BCCI president ever?
May 25, 2013 at 13:58 | Source: FirstPost
N Srinivasan took over as BCCI president on September 19, 2011. But less than two years after taking charge, the Board finds itself in trouble on many fronts. Firstpost takes a quick look at how India has performed on and off the field under Srinivas...
IPL spot-fixing Live: Cannot be bulldozed into resigning, says Srinivasan
May 25, 2013 at 13:40 | Source: FirstPost
2:00 pm: Meiyappan wearing CSK t-shirt to court?You can take Meiyappan out of the CSK's top post but you can't take the team out of his heart evidently. A tweet indicates the former team principal of the Chennai squad may be wearing his allegiances o...
Investors may get burnt on St, bonds not safe either
May 25, 2013 at 13:16 | Source: Economic Times
By Rodney Jefferson EDINBURGH: From his view of the world in Scotland, Bruce Stout says investors risk getting burned because optimism is too high for stocks and bond yields are too low. The markets might be proving him right. The MSCI World Index, ...
Stocks' Win Streak Ends at Four Weeks
May 25, 2013 at 12:00 | Source: Wall Street Journal
NEW YORK—U.S. stocks were virtually unchanged Friday, posting their first weekly decline in five weeks, as investors weighed the prospects for central-bank stimulus measures and recent volatility in global markets. Enlarge Image. image. Close. imag...
Pound Falls 4th Week Versus Euro on Bets BOE Will Boost Stimulus
May 25, 2013 at 12:00 | Source: Bloomberg
The pound fell for a fourth week against the euro as reports showing retail sales unexpectedly declined in April and inflation slowed fueled speculation the Bank of England will expand monetary stimulus. The U.K. currency dropped for a third week ...
Wall St posts first weekly loss since mid-April
May 25, 2013 at 12:00 | Source: NDTV Profit
New York: The S&P 500 declined for a third day on Friday, with the three major US stock indexes posting their first negative week since the middle of April on lingering concern that the US central bank may scale back its stimulus measures to ...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
