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Gold Plunges to 4-Year Low

Oct 31, 2014 at 20:02 | Source: Wall Street Journal

Gold sank to a four-year low on Friday after Japan's central bank surprised markets with aggressive monetary easing measures. The most actively traded gold contract, for December delivery, was recently down $33.60, or 2.8%, at $1,165.00 a tro...

U.S. Stocks Join Global Equity Rally as Yen Slides on BOJ

Oct 31, 2014 at 20:01 | Source: Bloomberg

(Corrects to say to 80 trillion yen in third paragraph.) The yen plunged to a six-year low while stocks jumped with U.S. equity-index futures as the Bank of Japan unexpectedly increased its target for monetary stimulus. Gold fell as bonds from Italy ...

From ISIS to SIMI: What makes Hyderabad the back office of terror activities?

Oct 31, 2014 at 13:42 | Source: FirstPost

Hyderabad: The apparently unconnected developments - the arrest of four engineering dropouts from Hyderabad at Kolkata, a former Google employee who allegedly tried to join Islamic State, then arrest of two SIMI activists with Hyderabad links from Ma...

Three held over India 'tunnel' bank robbery

Oct 31, 2014 at 12:22 | Source: BBC

Indian police say they have arrested three men suspected of robbing a bank by digging a 125-foot (40-metre) tunnel straight into the vault. The thieves stole cash, jewellery and other valuables worth hundreds of thousands of dollars from a branch of ...

Gold Drops Toward 2014 Low as Silver Slumps to Lowest Since '10

Oct 31, 2014 at 12:01 | Source: Bloomberg

Gold headed for the first consecutive monthly loss in 2014 after erasing gains for the year as the Federal Reserve ended its asset-purchase program amid signs of an improving U.S. economy. Silver dropped to the lowest since February 2010. Bullion for...

Yen Plunges as Japan Stocks Jump on Bank of Japan Stimulus; Gold Retreats

Oct 31, 2014 at 12:01 | Source: Bloomberg

The yen plunged to a six-year low while shares in Tokyo jumped the most in a year as the Bank of Japan unexpectedly increased its target for monetary stimulus. U.S. equity-index futures surged, gold fell below $1,200 an ounce and oil extended losses....

NBA: LeBron James falters in emotional return to Cleveland

Oct 31, 2014 at 10:31 | Source: FirstPost

Carried onto the floor by an emotional ovation building for years, LeBron James is back where he began.He's home.Introduced to a deafening roar from Cleveland fans, James was welcomed back Thursday night by a city desperate to end a championship drou...

F1: Mercedes rivals, Rosberg and Hamilton warm up with burgers and bling

Oct 31, 2014 at 10:17 | Source: FirstPost

Mercedes title rivals Nico Rosberg and Lewis Hamilton limbered up for the U.S. Grand Prix with burgers and bling on Thursday.Rosberg, 17 points behind Hamilton with 100 still to be won from the remaining three races of the Formula One season, was cer...

Burkina president rejects opposition calls to step down after violence

Oct 31, 2014 at 06:30 | Source: FirstPost

OUAGADOUGOU (Reuters) - Burkina Faso's President Blaise Compaore said on Thursday he would stay in power at the head of a transitional government until after elections, rejecting opposition calls for him to step down immediately following a day of vi...

Burkina army imposes interim govt after crowd burns parliament

Oct 31, 2014 at 06:15 | Source: FirstPost

OUAGADOUGOU (Reuters) - Burkina Faso's military dissolved parliament and announced a transitional government on Thursday after violent protests against President Blaise Compaore, but it was not immediately clear who was in charge.Army chief General H...

Gold Imports Likely to Drop Sharply to 50-60 Tonnes in October

Oct 30, 2014 at 23:59 | Source: NDTV Profit

Mumbai: India's gold imports are expected to nearly halve to 50-60 tonnes this month from their September level as jewellers have adequately stocked up for the festive and wedding seasons, according to an industry body. "In October, ...

Finally, Shiv Sena welcomes Fadnavis as new CM

Oct 30, 2014 at 23:30 | Source: FirstPost

Mumbai, Oct 30 (IANS) The Shiv Sena Thursday said it "wholeheartedly welcomes" Devendra Fadnavis as the new chief minister-designate of Maharashtra, two days after the BJP anointed him."We wholeheartedly welcome the new CM of Maharasht...

BBC goes inside India bank robbers' tunnel

Oct 30, 2014 at 23:17 | Source: BBC

It could be a scene straight out of the Hollywood blockbuster, Oceans Eleven. Gohana is a small, nondescript town in the northern Indian state of Haryana, some three hours drive from the national capital, Delhi. Inside an abandoned building, just off...

Gold Slides to 3-Week Low on Fed Worries

Oct 30, 2014 at 20:01 | Source: Wall Street Journal

Gold prices fell to their lowest level in more than three weeks Thursday, as hawkish comments from the Federal Reserve and strong U.S. economic data suggested that the central bank may raise interest rates sooner than expected, hurting demand for the...

Manappuram to acquire majority stake in Asirvad Microfinance

Oct 30, 2014 at 20:00 | Source: VC Circle

Last month the gold finance firm had said it is looking to get into microfinance. Gold loan firm Manappuram Finance Ltd is acquiring controlling equity stake in Asirvad Microfinance Private Limited (AMPL), which provides micro loans, housing and ...

Black money case: SIT won't spare 'big fish' but names will not be revealed

Oct 30, 2014 at 17:51 | Source: FirstPost

The sealed envelope with the names of 627 Indians holding bank accounts overseas, against whom a probe is on to ascertain conformity with domestic tax laws, is to be passed on to a special team (SIT) set up under the Supreme Court's direction.The SIT...

Dollar Gains With German Bunds as Europe Stocks Decline

Oct 30, 2014 at 16:01 | Source: Bloomberg

The dollar strengthened as the Federal Reserve pointed to an improved labor market as it ended asset purchases. German bunds advanced while European stocks fell for the first time in three days and gold declined. The Bloomberg Dollar Spot Index, whic...

SRK's Happy New Year makers slapped with legal notice for song 'Sharabi'

Oct 30, 2014 at 12:58 | Source: FirstPost

The makers of Happy New Year, have been slapped with a legal notice for copyright infringement of the song, Sharabi.According to a report by Bollywood Hungama, Shah Rukh Khan's Red Chilles is in legal trouble for the song 'Sharabi' thatwas sung by a ...

Black money case: SIT's next steps, full list of names and more

Oct 30, 2014 at 12:30 | Source: FirstPost

The sealed envelope with the names of 627 Indians holding bank accounts overseas, against whom a probe is on to ascertain conformity with domestic tax laws, is to be passed on to a special team (SIT) set up under the Supreme Court's direction.The SIT...

Modi in Delhi, Fadnavis in Maharashtra will usher in 'achche din': Sena cozies up to BJP

Oct 30, 2014 at 12:13 | Source: FirstPost

Mumbai: The Shiv Sena on Thursday said it "wholeheartedly welcomes" Devendra Fadnavis as the new chief minister-designate of Maharashtra, two days after the BJP anointed him."We wholeheartedly welcome the new CM of Maharashtra... We ar...

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