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Shares tumble on global growth concerns; Treasury yields fall| Reuters

Feb 09, 2016 at 01:30 | Source: FirstPost

NEW YORK Stock indexes worldwide tumbled on Monday, led by banking stocks in Europe and technology stocks on Wall Street on persisting fears of a global economic slowdown, while benchmark 10-year Treasury yields hit their lowest in a year on demand f...

Wall Street bleeds as financials, tech stocks sell off| Reuters

Feb 09, 2016 at 00:30 | Source: FirstPost

Wall Street sank sharply on Monday as financial stocks sold off amid worries about interest rates and investors backed off from richly valued tech and consumer stocks amid persistent fears of a global slowdown.The technology-heavy Nasdaq Composite fe...

Gold price surges to highest level since June as share prices slide| Reuters

Feb 09, 2016 at 00:15 | Source: FirstPost

LONDON The price of gold jumped more than 2 percent on Monday to touch its highest level since June, extending last week's sharp gains, as sliding stock markets and worries over global economic growth prompted investors to seek safety in hard assets....

Wall St. in selloff mode as techs extend rout, oil falls| Reuters

Feb 08, 2016 at 23:45 | Source: FirstPost

Wall Street was deep in the red in volatile trading on Monday, as technology stocks continued to sell off and oil prices remained under pressure, sending investors scurrying to safe-haven assets.The technology-heavy Nasdaq Composite fell nearly 3 per...

Archers, wrestlers shine as India continue golden run at South Asian Games

Feb 08, 2016 at 21:58 | Source: FirstPost

Guwahati: India's might found no challenge in the 12th South Asian Games with the country's archers, wrestlers and weightlifters clinching a majority of gold medals to ensure a third successive day of supremacy for the host country here today.While c...

Filmfare awards: How could Anil Kapoor win best supporting actor over Nawazuddin?

Feb 08, 2016 at 15:50 | Source: FirstPost

Its shocking to note how discriminatory the popular awards have become, and how quickly they are losing their validity.For years, they with-held the Filmfare award from the mighty R D Burman, for reasons best known to the awarders. Then, as his caree...

Why St Stephen's principal Valsan Thampu hates a 'humble' campus samosa-wallah and samosa-worshipping almuni

Feb 08, 2016 at 13:31 | Source: FirstPost

By Rohit BansalOn 6 February, some old students of St Stephen's College, among them chief economic advisor Arvind Subramanian and Ramchandra Guha, wanted to hold a remembrance meeting for Rohtas, owner of the legendary campus dhaba that is known for ...

Filmfare awards: How could Anil Kapoor possibly win best supporting actor over Nawazuddin?

Feb 08, 2016 at 11:42 | Source: FirstPost

Its shocking to note how discriminatory the popular awards have become, and how quickly they are losing their validity.For years, they with-held the Filmfare award from the mighty R D Burman, for reasons best known to the awarders. Then, as his caree...

Filmfare awards: How could Anil Kapoor possibly be a better supporting actor than Nawazuddin?

Feb 08, 2016 at 10:17 | Source: FirstPost

Its shocking to note how discriminatory the popular awards have become, and how quickly they are losing their validity.For years, they with-held the Filmfare award from the mighty R D Burman, for reasons best known to the awarders. Then, as his caree...

China FX reserves fall almost $100 bln to lowest since May 2012

Feb 08, 2016 at 07:44 | Source: FirstPost

China's foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows.China's foreign reserves fell $99.5 billion to $3.23 trillion in January, the lowes...

China FX reserves fall almost $100 bln to lowest since May 2012| Reuters

Feb 07, 2016 at 10:15 | Source: FirstPost

BEIJING China's foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows.China's foreign reserves fell $99.5 billion to $3.23 trillion in January, t...

It's business, not personal: Why Snapdeal's non-renewal of Aamir Khan's contract as brand ambassador makes sense

Feb 06, 2016 at 10:59 | Source: FirstPost

Last year, Snapdealhad distanced itself from actor Aamir Khan after his statement on intolerance, and has now decided not to renew the contract with the Bollywood actor, reports said. According to The Economic Times, the year-long endorsement ends la...

ISKCON at 50: How India's bhakti movement manages its finances

Feb 06, 2016 at 09:20 | Source: FirstPost

Dawn is yet to streak across the horizon but at 4.30 am at The International Society for Krishna Consciousness (ISKCON) temple at Juhu, the air is thick with the fragrance of flowers, burning incense sticks and the clash ofcymbals and drums to the rh...

South Asian Games: Is it fair on Saina and Co to be made scapegoats in game of politics

Feb 06, 2016 at 08:23 | Source: FirstPost

Badminton in India is in the throes of yet another unnecessary scuffle between the association and its players.Though there have been several skirmishes in the recent past between the sports administrators and the practitioners, this episode rankles ...

South Asian Games: Is it fair on Saina, Kashyap? Shuttlers made scapegoat in game of politics

Feb 05, 2016 at 21:18 | Source: FirstPost

Badminton in India is in the throes of yet another unnecessary scuffle between the association and its players.Though there have been several skirmishes in the recent past between the sports administrators and the practitioners, this episode rankles ...

Forex reserves rises by $1.589 bn to $349.152 bnlast week

Feb 05, 2016 at 18:16 | Source: FirstPost

Country's foreign exchange reserves rose by $1.589 billion to $349.152 billion in the week to January 29, helped by an increase in foreign currency assets (FCAs), according to the Reserve Bank.In the previous week, the reserves had increased by $355....

South Asian Games: Is it fair on Saina, Kashyap? Shuttlers the scapegoat in game of politics

Feb 05, 2016 at 18:10 | Source: FirstPost

Badminton in India is in the throes of yet another unnecessary scuffle between the association and its players.Though there have been several skirmishes in the recent past between the sports administrators and the practitioners, this episode rankles ...

Spelling of 2,000 French words will change: Linguistic purists vexed at demise of 'circumflex'

Feb 05, 2016 at 17:47 | Source: FirstPost

Paris:French linguistic purists have voiced online anger at the loss of one of their favourite accents -the pointy little "circumflex" hat that sits on top of certain vowels.A change in the spelling of some 2,000 French words will come into...

Flag it: Madonna embroiled in Taiwan-China row after she draped herself in island's flag

Feb 05, 2016 at 17:32 | Source: FirstPost

Taipei:Pop diva Madonna has waded into the war of words over Taiwanese identity after draping herself in the island's flag, sparking ire in China, where any suggestion of independence is scorned. Taiwan's Apple Daily and Liberty Times newspapers ran ...

Fair on Saina, Kashyap? Shuttlers the scapegoat in game of politics as South Asian Games kicks off

Feb 05, 2016 at 17:16 | Source: FirstPost

Badminton in India is in the throes of yet another unnecessary scuffle between the association and its players.Though there have been several skirmishes in the recent past between the sports administrators and the practitioners, this episode rankles ...

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