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Of dead cows and Dalits: Revisiting Babasaheb Ambedkar's inconvenient history of caste conversion

Apr 14, 2015 at 13:30 | Source: FirstPost

"He saw the universal brotherhood of Islam uniting just Muslims. He was critical of the spirit of aggression of political Islam that takes advantage of the weakness of Hindus and follows gangsterism," declared Prafulla Ketkar, editor of the...

Of dead cows and Dalits: Revisiting Ambedkar's inconvenient history of caste conversion

Apr 14, 2015 at 11:56 | Source: FirstPost

"He saw the universal brotherhood of Islam uniting just Muslims. He was critical of the spirit of aggression of political Islam that takes advantage of the weakness of Hindus and follows gangsterism," declared Prafulla Ketkar, editor of the...

Here's why the World Cup Cricket final was a lesson in investing

Mar 31, 2015 at 21:14 | Source: FirstPost

The 50 over cricket World Cup final turned out to be a damp squib, much like most of the World Cup as well. Batting first New Zealand made just 183 runs. With such a low score it was more likely than not that Australia would win. But many posts spran...

Here's why World Cup Cricket final was a lesson in investing

Mar 31, 2015 at 14:29 | Source: FirstPost

The 50 over cricket World Cup final turned out to be a damp squib, much like most of the World Cup as well. Batting first New Zealand made just 183 runs. With such a low score it was more likely than not that Australia would win. But many posts spran...

Dollar resumes slide; stocks, oil prices rebound

Mar 24, 2015 at 02:15 | Source: FirstPost

NEW YORK (Reuters) - The dollar fell further on Monday, adding to its steepest weekly drop in 3-1/2 years after the Federal Reserve indicated last week that a rate hike is likely to come later rather than sooner, again helping drive up oil prices and...

Global markets - Dollar resumes slide; stocks, oil prices rebound

Mar 24, 2015 at 00:30 | Source: FirstPost

NEW YORK (Reuters) - The dollar fell further on Monday, adding to its steepest weekly drop in 3-1/2 years after the Federal Reserve indicated last week that a rate hike is likely to come later rather than sooner, a view that helped drive up oil price...

Global markets - Dollar resumes decline; stocks, oil prices rebound

Mar 23, 2015 at 23:15 | Source: FirstPost

NEW YORK (Reuters) - The dollar resumed its fall on Monday after its steepest weekly drop in 3-1/2 years, driving up oil prices and U.S. stocks after the Federal Reserve indicated last week that an expected rate hike is likely to come later rather th...

Sharp decline in U.S. dollar lifts stocks, oil

Mar 21, 2015 at 02:45 | Source: FirstPost

NEW YORK (Reuters) - The U.S. dollar fell sharply on Friday and posted its biggest weekly decline against the euro in more than three years, helping to drive a rally in Wall Street stocks and crude oil. The Nasdaq posted its highest close in 15 years...

World stocks roar Fed approval, dollar fights back

Mar 19, 2015 at 23:45 | Source: FirstPost

LONDON (Reuters) - World shares rose back towards all-time highs and a slump then a jump in the dollar triggered wild moves in currency markets on Thursday, as investors priced in a later start and a slower pace for future U.S. rate rises.European sh...

Global stocks mostly end down ahead of Fed; oil falls

Mar 18, 2015 at 02:45 | Source: FirstPost

NEW YORK (Reuters) - Stocks mostly ended lower on Tuesday as investors turned their focus to the Federal Reserve's two-day policy meeting, which is being closely watched for signs of when the U.S. central bank will raise interest rates.Wall Street st...

Euro rises, shares sag as dollar lays low ahead of Fed

Mar 18, 2015 at 01:30 | Source: FirstPost

LONDON (Reuters) - The euro gained on Tuesday as the dollar laid low before a two-day meeting of the U.S. Federal Reserve where the central bank may edge closer to its first interest rate rise in almost a decade.Solid gains for Asian markets overnigh...

Anti-Muslim monk stokes Burmese religious tensions

Mar 17, 2015 at 20:57 | Source: BBC

This week, religious violence has once again flared in Myanmar, formerly known as Burma. Hundreds of Muslim homes have been burnt to the ground in Sagaing region after being attacked by Buddhist mobs. In just over a year, more than 200 people, mostly...

BHP $13 bln spin-off South32 plans cautious approach to growth

Mar 17, 2015 at 10:30 | Source: FirstPost

MELBOURNE (Reuters) - BHP Billiton has put far less debt than expected into its $13 billion South32 spin-off, positioning the company formed from its unloved assets to weather tough markets and still pay a dividend.The world's biggest miner released ...

Global equities rise as euro recovers and dollar weakens

Mar 17, 2015 at 00:45 | Source: FirstPost

NEW YORK (Reuters) - Stock markets around the world rallied on Monday, with U.S. shares recovering after an extended period of weakness as the U.S. dollar weakened and eased concerns about its impact on corporate profits, while the euro recovered fro...

Dollar rallies to fresh highs; global stocks and oil fall

Mar 14, 2015 at 01:45 | Source: FirstPost

NEW YORK (Reuters) - The dollar powered higher yet on Friday, pressuring stocks and commodities, on expectations of a Federal Reserve interest rate hike that could slow U.S. corporate profits.The dollar index .DXY was on track for a back-to-back week...

Global stocks rally as dollar gives respite; crude falls further

Mar 13, 2015 at 03:15 | Source: FirstPost

NEW YORK (Reuters) - Stocks on major markets rose on Thursday as the dollar softened the most in a month against major currencies after surprisingly weak U.S. data.The U.S. currency retraced its gains after earlier hitting a 12-year high versus the e...

Dollar rallies on Fed rate views; Global stocks, oil slide

Mar 11, 2015 at 02:45 | Source: FirstPost

NEW YORK (Reuters) - The U.S. dollar rallied across the board on Tuesday as the prospect of the first rise in U.S. interest rates in almost a decade stoked global volatility, hitting stocks and oil prices.A resetting of the likely timing of the first...

Wall St up on deals, bonds up on ECB; Brent slides

Mar 10, 2015 at 05:30 | Source: FirstPost

NEW YORK (Reuters) - U.S. stocks rose on Monday on the back of billion-dollar M&A deals, while U.S. and euro zone bond prices rose as the European Central Bank started its bond-buying programme.Benchmark Brent crude prices fell on concern that th...

Mega-deals buoy Wall St, bonds up on ECB; Brent slides

Mar 10, 2015 at 03:30 | Source: FirstPost

NEW YORK (Reuters) - U.S. stocks rose Monday on the back of billion-dollar deals, while U.S. and euro zone bond prices rose as the European Central Bank started its bond-buying programme.Benchmark Brent crude prices fell after the ECB move, while U.S...

Arun Jaitley's Budget 2015 is lukewarm to the green energy sector

Feb 28, 2015 at 19:46 | Source: FirstPost

Budget 2015 failed to provide any concrete road map for the government's ambitious green energy targets. Finance Minister Arun Jaitley shared no details on the implementation and financing of solar, wind, biomass and hydro energy projects in the coun...

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