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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 ...

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

Feb 05, 2016 at 13:26 | 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...

Gold perched near three-mth high ahead of US jobs, eyes best week in four| Reuters

Feb 05, 2016 at 07:15 | Source: FirstPost

MANILA Gold, trading near its highest since October on Friday, is on track to score its strongest weekly gain in a month as the U.S. dollar is pressured by growing doubts that the Federal Reserve can stick to its interest rate hike campaign.FUNDAMENT...

Gold hits three-month peak as U.S. rate rise views ease| Reuters

Feb 05, 2016 at 01:30 | Source: FirstPost

LONDON Gold built on the previous day's gains on Thursday, edging to a three-month high as global economic and financial headwinds continue to present obstacles to a U.S. interest rate rise in the near term.Commodities rallied across the board on Wed...

Too soon for gold bulls to start pawing the ground?| Reuters

Feb 05, 2016 at 00:30 | Source: FirstPost

LONDON Gold bulls are starting to rear their heads with the price of the precious metal hitting three-month highs, but their optimism could be premature due to uncertainty over U.S. interest rates.Spot gold hit $1,155.30 an ounce on Thursday, its hig...

Manish Sisodia meets family of deceased Ryan International school student

Feb 04, 2016 at 22:34 | Source: FirstPost

New Delhi: Deputy Chief Minister Manish Sisodia on Thursday met the aggrieved family of six-year-old Divyansh Kakrora who was found dead at a water reservoir in Ryan International school even as his parents alleged their child's death was a "mur...

Sexual harassment allegations may severely affect Sardar and dent Indias hopes at Rio Olympics

Feb 04, 2016 at 19:27 | Source: FirstPost

By Sundeep MisraThis is not Sardar Singhs Concussion crisis. This is bigger than that. Across the internet, in the world of Twitter, in the incessant backroom chatter of Facebook, billions of miles of social media highways, Sardar Singh is now colour...

Manipuri docu 'Phum Sang', Abhay Kumar's 'Placebo' win Golden Conch award at MIFF

Feb 04, 2016 at 10:17 | Source: FirstPost

Mumbai:Manipuri documentary film Phum Shang won the coveted Golden Conch Award for the best documentary at the 14th Mumbai International Film Festival (MIFF) which ended here on Wednesday.Swiss film My Name Is Salt and an Indian film Placebo shared t...

Gold clings near three-month peak as U.S. rate hike views ease | Reuters

Feb 04, 2016 at 07:15 | Source: FirstPost

MANILA Gold stayed near a three-month top on Thursday after marking its best day in two weeks as the U.S. dollar slid after investors scaled back expectations for a near-term U.S. interest rate increase.FUNDAMENTALS* Spot gold XAU= was little changed...

Disproportionate assets case: CBI's arrest of Yadav Singh will give sleepless nights to political leaders

Feb 03, 2016 at 20:17 | Source: FirstPost

By Vivek AvasthiTainted engineer-in-chief of Noida, Yadav Singh was finally placed under formal arrest by the Central Bureau of Investigation (CBI) on Wednesday. Earlier in the day, he was called for questioning to the CBI headquarters in New Delhi a...

Sahara-Sebi saga: Apex court has reasons to be vexed with Subrata Roy's histrionics

Feb 03, 2016 at 19:21 | Source: FirstPost

By Shantanu Guha RayThe Supreme Court is, justifiably, annoyed at corporate Indias biggest Samudra Manthan (read a do-or-die slugfest) between billionaire Subrata Roy and Securities and Exchange Board of India (Sebi), each claiming the other is wrong...

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