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Factbox - How a monetary policy committee in India could look

Mar 06, 2015 at 03:30 | Source: FirstPost

MUMBAI (Reuters) - India's government and central bank are set to consider proposals for the formation of a monetary policy committee that would take key decisions like interest rate changes, but have raised concerns over the central bank's independe...

ECB raises eurozone growth forecast to 1.5% for 2015

Mar 06, 2015 at 03:22 | Source: BBC

The European Central Bank has raised this year's eurozone growth forecast to 1.5%, up from 1% previously. It also said it would start its quantitative easing programme, first announced in January, next week. Bank boss Mario Draghi said economic ...

India rape film: Leslee Udwin rejects Delhi legal action

Mar 06, 2015 at 03:22 | Source: BBC

A British film-maker has defended an interview with a convicted Indian rapist, hours after authorities there launched a slew of legal measures. Leslee Udwin denies claims that she broke a contract with the prison by airing the interview with the rapi...

Why some Indians want to 'Ban BBC'

Mar 06, 2015 at 03:22 | Source: BBC

The BBC is being targeted by angry social media users in India after a documentary featuring an interview with a rapist on death row. The BBC Storyville film 'India's Daughter' focuses on the brutal gang rape and murder of a student on...

New Siemens healthcare unit to start in May - sources

Mar 06, 2015 at 01:45 | Source: FirstPost

MUNICH, Germany (Reuters) - German industrial group Siemens (SIEGn.DE) will house its German healthcare operations in a standalone unit in the form of a GmbH legal entity on May 1, two sources with knowledge of the matter said.Siemens wants to give t...

Global Markets - Euro hits 11 1/2-year low, bonds rise after ECB

Mar 05, 2015 at 23:30 | Source: FirstPost

NEW YORK (Reuters) - The euro fell to an 11 1/2-year low against the dollar as U.S. and euro zone bond prices rose on Thursday, after the European Central Bank spelled out its 1 trillion-euro stimulus plan that begins next Monday.Wall Street and Euro...

India's Daughter: Indian govt trying to muzzle free speech, says Leslee Udwin

Mar 05, 2015 at 20:48 | Source: FirstPost

London: Unfazed by the controversy, the British filmmaker behind the BBC documentary on the Delhi gangrape incident on Thursday accused the Indian government of trying to "muzzle free speech" by banning its telecast in India.Leslee Udwin's ...

Panel recommends waiving late-stage trials for some drugs

Mar 05, 2015 at 19:45 | Source: FirstPost

MUMBAI (Reuters) - A panel of advisors to the government has recommended that late-stage clinical trials be waived under certain conditions for some new drugs already being sold on international markets.Indian law requires all medicines to be tested ...

China No 3 leader says more attention needed for Hong Kong young

Mar 05, 2015 at 19:31 | Source: FirstPost

HONG KONG (Reuters) - China's third-ranked leader wants greater attention paid to young people in Chinese-ruled Hong Kong, after they staged pro-democracy protests last year that shut down parts of the city for two and a half months.Zhang Dejiang, wh...

Global markets - Euro hits 11 1/2-yr low before ECB, stocks edge higher

Mar 05, 2015 at 19:30 | Source: FirstPost

LONDON (Reuters) - The euro hit an 11 1/2-year low against the dollar and European stocks nudged higher on Thursday, as the European Central Bank prepared to lay out the details of its impending 1 trillion-euro stimulus plan.The common currency fell ...

India's Daughter: Here's why we need to go beyond BBC's nauseating moralising

Mar 05, 2015 at 19:29 | Source: FirstPost

The government's attempts to restrain the BBC from airing a documentary on rape, built around the story of the December 2012 Delhi gangrape victim (a.k.a. Nirbhaya), are pointless. It has effectively given BBC the opportunity to get higher viewership...

India's Daughter: We need to go beyond BBC's nauseating moralising

Mar 05, 2015 at 18:28 | Source: FirstPost

The government's attempts to restrain the BBC from airing a documentary on rape, built around the story of the December 2012 Delhi gangrape victim (a.k.a. Nirbhaya), are pointless. It has effectively given BBC the opportunity to get higher viewership...

Global markets - Euro hits 11-yr low before ECB, stocks edge higher

Mar 05, 2015 at 18:15 | Source: FirstPost

LONDON (Reuters) - The euro hit an 11-year low against the dollar and the region's stocks nudged higher on Thursday, as the European Central Bank prepared to provide the finer details of its soon-to-be-launched 1 trillion euro stimulus plan.The commo...

Adidas optimistic for 2015 amid focus on U.S. market

Mar 05, 2015 at 17:30 | Source: FirstPost

BERLIN (Reuters) - German sportswear company Adidas expects robust sales and profit growth in 2015 as consumer confidence improves around the world and it redoubles its efforts in North America, where it has fallen further behind fierce rival Nike.&q...

China signals "new normal" with higher spending, lower growth target

Mar 05, 2015 at 15:45 | Source: FirstPost

BEIJING (Reuters) - China plans to run its biggest budget deficit in 2015 since the global financial crisis, stepping up spending as Premier Li Keqiang signalled that the lowest rate of growth in a quarter of a century is the "new normal" f...

Mobile operators should take a leaf out of OTT service providers book for future growth

Mar 05, 2015 at 15:23 | Source: FirstPost

ABI Research believes the struggles of mobile operators will become more intense, as worldwide capital expenditure and operating expenditure grow due to 4G services while average revenue per user (ARPU) is in continual decline.The only way to achieve...

Brazil raises interest rates to 12.75% to curb inflation

Mar 05, 2015 at 15:22 | Source: BBC

Brazil's central bank has lifted interest rates to a six-year high of 12.75% to restrain inflation. Inflation in Brazil, Latin America's largest economy, was at a 12-year high in February of 7.4%. The government's target is 6.5%. Brazi...

China: Why 10 million is the key number

Mar 05, 2015 at 15:22 | Source: BBC

China's move to cut its growth target to 7% in 2015 from 7.5% last year has grabbed headlines, but the key number is the unchanged job creation target of 10 million. During the annual meeting of China's legislators, Premier Li Keqiang set t...

United States profile

Mar 05, 2015 at 15:22 | Source: BBC

The USA is the world's foremost economic and military power, with global interests and an unmatched global reach. America's gross domestic product accounts for close to a quarter of the world total, and its military budget is reckoned to be...

UK healthcare firm Bupa sees strong growth in India

Mar 05, 2015 at 14:35 | Source: FirstPost

LONDON (Reuters) - British private healthcare group Bupa is eager to expand quickly in India's fast-growing health insurance market, once a rule change on foreign investment is implemented, the firm's chief executive said on Thursday.Bupa, which oper...

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