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Fed, China Stimulus Hopes Boost World Stocks

Sep 17, 2014 at 16:00 | Source: NDTV Profit

London: Global stocks and commodity prices rose on Wednesday, boosted by speculation the US Federal Reserve will maintain a pledge on low rates later in the day and by a report China's central bank will provide the country's biggest b...

This IIT is Ahead of its Peers, Says Global Survey

Sep 17, 2014 at 16:00 | Source: NDTV Profit

A global university ranking has placed IIT-Bombay, ahead of its other counterparts.The Quacquarelli Symonds (QS) World University Rankings has declared IIT-Bombay as the top-ranking Indian institution, placing it at rank 222 in its global list ...

India home to 100 billionaires

Sep 17, 2014 at 14:48 | Source: VC Circle

India has retained its sixth position in terms of number of billionaires with 100 such people collectively having USD 175 billion in networth, while globally the number of uber-rich has reached a record high of 2,325 persons. According to the Wealth-...

PM Modis absence at UN climate summit: Is he a changed man?

Sep 17, 2014 at 14:29 | Source: FirstPost

With his absence at the UN climate summit, to be attended by 120 heads of nations on 23 September, Prime Minister Narendra Modi would complete a dramatic transformation - from an early pioneer in climate change initiatives to a less enthusiastic nati...

Islamic State, Ebola among major issues to be discussed at UN annual gathering

Sep 17, 2014 at 14:08 | Source: FirstPost

United Nations: Over 140 heads of state and government, including US President Barack Obama and Prime Minister Narendra Modi, will arrive at the United Nations next week, with the conflict in Syria and Iraq, Ebola virus outbreak among major issues to...

Xi Jinping sees 'factory' China and 'back office' India as global engine

Sep 17, 2014 at 14:01 | Source: IBNLive

Ahmedabad: A combination the "world's factory" and the "world's back office" will drive global economic growth, Chinese President Xi Jinping said ahead of a rare visit to India on Wednesday, playing...

Expectations high over set of opportunities Modi-Xi playdate will create

Sep 17, 2014 at 13:55 | Source: FirstPost

As visiting Chinese President Xi Jinping and Indian Prime Minister Narendra Modi prepare to hold summit talks on Thursday, there is much anticipation that the two Asian neighbours may move in a new direction, away from historical mistrust and latent ...

Modis absence at UN climate summit: Is he a changed man?

Sep 17, 2014 at 13:34 | Source: FirstPost

With his absence at the UN climate summit, to be attended by 120 heads of nations on 23 September, Prime Minister Narendra Modi would complete a dramatic transformation - from an early pioneer in climate change initiatives to a less enthusiastic nati...

UN appoints Leonardo Di Caprio as 'Messenger of Peace'

Sep 17, 2014 at 13:29 | Source: FirstPost

United Nations: Academy Award-nominated actor and environmental activist Leonardo DiCaprio has been designated as the United Nations Messenger of Peace by UNchief Ban Ki-moon, with a special focus on climate change."DiCaprio is a credible voice ...

No control over NSA surveillance in country, claims New Zealand PM

Sep 17, 2014 at 13:18 | Source: FirstPost

Wellington: New Zealand Prime Minister John Key on Wednesday said his government and intelligence agencies had no control over what data the US National Security Agency (NSA) collected from its citizens.Key has been under pressure since NSA whistlebl...

US Ebola survivor: Cannot afford to waste time in sending aid

Sep 17, 2014 at 12:53 | Source: FirstPost

Washington: An American doctor who survived Ebola said there's no time to waste as President Barack Obama outlined his plan to ramp up the US response to the epidemic in West Africa."We can't afford to wait months, or even weeks, to take action,...

Three lakh LED street-lights across Kolkata soon

Sep 17, 2014 at 12:24 | Source: FirstPost

Kolkata: After the success of a trial installation of 300 LED street-lights in Kolkata, the energy-saving option will be seen across the entire city soon, an official said on Tuesday.The Kolkata Municipal Corporation (KMC) participated in a unique gl...

New provinces vital for Pakistan's existence: MQM chief

Sep 17, 2014 at 11:41 | Source: FirstPost

Islamabad: Leader of Pakistan's Muttahida Qaumi Movement (MQM) party Altaf Hussain Wednesday pressed for creation of new provinces in the country and warned that Pakistan would be wiped out from the global map if new administrative borders were not d...

India & China buoy global diamond jewellery sales to record high of $79B in 2013

Sep 17, 2014 at 11:39 | Source: VC Circle

Global demand for diamond jewellery touched a record high of $79 billion in 2013, almost 3 per cent higher than 2012, according to a report by The De Beers Group of Companies. China has emerged as the fastest growing market for diamond jewellery sale...

A Kelkar Committee model could be the best option for oil and gas pricing

Sep 17, 2014 at 11:10 | Source: Economic Times

Media analyses of the Kelkar Committee on reducing import dependency in oil and gas have focused on the committee's suggestions on gas pricing. But it has also proposed new models for exploration and production contracts to reduce disputes and corrup...

Why Xi Jinping's visit to India is significant

Sep 17, 2014 at 10:17 | Source: BBC

This is an interesting month in India's diplomatic diary. After a successful visit to Japan earlier this month, Prime Minister Narendra Modi will be welcoming Chinese President Xi Jinping on Wednesday. He will be following this up with his visit...

Call on diesel decontrol only after state polls

Sep 17, 2014 at 10:17 | Source: Calcutta Telegraph News

New Delhi, Sept. 16: A decision on the deregulation of diesel prices is likely to be taken after the Assembly polls in Maharashtra and Haryana next month even as the state-owned oil firms have started making profits on the sale of the fuel. “T...

Japan's Pioneer sells DJ equipment unit to KKR

Sep 17, 2014 at 10:17 | Source: BBC

Japan's Pioneer is restructuring and selling off its disc-jockeying (DJ) equipment unit to US private equity firm KKR for $550m (£339m). As part of the deal, KKR and Pioneer will be joint owners, with the Japanese firm having a 15% stake. Both ...

India-US partnership: How to reach $1 trillion by 2030

Sep 17, 2014 at 10:17 | Source: Economic Times

By Seema Sirohi For India and the United States, it's the "vision thing" in the famous words of George Bush Sr. It was a visionary breakthrough that brought the Indo-US Civil Nuclear Agreement, demolishing a huge wall of restrictions and denials arou...

Why RBI Governor Raghuram Rajan may be right about a crash

Sep 17, 2014 at 10:17 | Source: Economic Times

By Soumya Kanti Ghosh In a series of recent interviews, Reserve Bank of India governor Raghuram Rajan warned of a 'crash' should there be sudden reversal in risk perception already distorted by unconventional monetary policies in the West. The ration...

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