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Why people accept inequality

Oct 22, 2014 at 00:15 | Source: FirstPost

London, Oct 21 (IANS) Inequality can be fair too and the brain knows it, a new research has found.People appreciate fairness in much the same way as they appreciate money for themselves and by that logic fairness does not necessarily imply that every...

DLF moves tribunal to contest Sebi bar

Oct 18, 2014 at 20:22 | Source: Calcutta Telegraph News

New Delhi/Mumbai, Oct. 17 (PTI): DLF today approached the Securities Appellate Tribunal (SAT) to challenge a Sebi order barring it and its top executives from capital markets for three years. The appeal will be heard by the SAT on October 22. In a m...

Hero-heroine pay scale debate should not become a war: Deepika

Oct 17, 2014 at 13:33 | Source: FirstPost

Mumbai: Actress Deepika Padukone says the payment disparity between male and female stars in Bollywood is a concern but it should not become a cause for conflict.The 28-year-old actress has had a dream run at the box office with back-to-back hits lik...

Share prices slide as 'perfect storm' threatens markets

Oct 16, 2014 at 23:17 | Source: BBC

US shares crept lower on Thursday, tracking big losses on European and Asian stock markets. Wall Street's Dow Jones, S P 500 and Nasdaq indexes declined but recovered some ground after falling almost 1% on continuing concerns about global econom...

How Amul won Facebook war with its angry customer

Oct 16, 2014 at 19:27 | Source: FirstPost

A week back, a disgruntled consumer, Neha Tomar, posted pictures of Amul Gold Milk that had gone bad, on Facebook,andasked people not to consume products of Amul."..When we started boiling the milk, within 2 min what came out is shown in these p...

Global shares slide on growth fears

Oct 15, 2014 at 21:57 | Source: BBC

Global shares have fallen sharply as concerns about weak global economic growth knock investor confidence. In the US, the Dow Jones opened down almost 300 points, or 1.8%, at 16,025, before recovering slightly. European markets were also sharply lowe...

Wholesale price comfort

Oct 15, 2014 at 12:42 | Source: Calcutta Telegraph News

New Delhi, Oct. 14: Wholesale price inflation dipped to a five-year low of 2.38 per cent in September because of a moderation in fuel and food prices, but analysts are not discounting a price spurt in winter. Industry saw the softening of prices as ...

India inflation rate falls to five-year low

Oct 15, 2014 at 12:42 | Source: BBC

India's inflation rate fell to a five-year low in September because of lower food and fuel prices. The Wholesale Price Index (WPI), India's main gauge of inflation, rose 2.38% in September from a year earlier. That is the smallest increase ...

Germany cuts 2014 growth forecast from 1.8% to 1.2%

Oct 14, 2014 at 23:21 | Source: BBC

The German government has sharply cut its economic growth forecast for this year and next, citing external factors for the revision. It now expects growth this year to be 1.2%, down from its previous estimate of 1.8%. Next year, it expects the econom...

Oil prices continue to slide on IEA report

Oct 14, 2014 at 20:42 | Source: BBC

Global oil prices have fallen further after the International Energy Agency (IEA) reported higher output and cut its forecast for demand growth. Brent crude fell $2.72 to $86.17 a barrel before seeing a slight recovery, while US crude dropped $1.75 t...

India wholesale prices fall to five-year low

Oct 14, 2014 at 16:42 | Source: BBC

India's inflation rate fell to a five-year low in September because of lower food and fuel prices. The Wholesale Price Index (WPI), India's main gauge of inflation, rose 2.38% in September from a year earlier. That is the smallest increase ...

Oil prices see further declines

Oct 14, 2014 at 11:22 | Source: BBC

Global oil prices have fallen again amid worries about slow global growth and reports that key oil producers want to maintain current output levels. Brent crude fell to a near four-year low of $87.74 a barrel earlier, before recovering some ground to...

China media: Strong Moscow-Beijing ties

Oct 13, 2014 at 19:27 | Source: BBC

Media welcome closer China-Russia ties as Li Keqiang visits, while criticism of Hong Kong's pro-democracy protesters continues. According to China Daily, Mr Li is set to sign up to 50 deals on energy, investment and infrastructure amid talks of ...

Oil price in new fall on fears of slow global growth

Oct 13, 2014 at 16:46 | Source: BBC

Oil prices have fallen again amid renewed worries about low global growth with Brent crude near four-year lows. Brent crude dropped to $87.74 a barrel, its lowest since December 2010, before recovering some ground to $88.12. US light crude oil was do...

Mark Carney says bankers' behaviour needs to change

Oct 13, 2014 at 16:46 | Source: BBC

Bankers' behaviour still needs to change following the financial crisis, Bank of England governor Mark Carney has warned. He said that top executives had got away without sanction . Maybe they were not at the best tables in society after that, b...

IMF concern on growth

Oct 13, 2014 at 12:47 | Source: Calcutta Telegraph News

Washington, Oct. 12 (Reuters): The International Monetary Fund’s member countries on Saturday said bold action was needed to bolster the global economic recovery and they urged governments not to squelch growth by tightening budgets too drasti...

Asia shares down despite China trade jump

Oct 13, 2014 at 12:47 | Source: BBC

Asian shares fell to seven-month lows as positive trade data from China failed to ease concerns over global economic growth. World Bank and International Monetary Fund meetings on Saturday called for bold action to boost economic recovery. But, Septe...

Global shares fall further on economy fears

Oct 11, 2014 at 09:02 | Source: BBC

European and US stock markets have seen sharp falls as fears have deepened over prospects for the global economy. London's FTSE 100 share index fell 1.4% to 6,339.97, a 12-month low, as did Germany's Dax. France's Cac-40 fell to it low...

Ebola fears spread as Spanish nurse worsens, British man tested

Oct 10, 2014 at 04:30 | Source: FirstPost

REUTERS - Fears that the Ebola outbreak will spread globally rose on Thursday with the deteriorating health of an infected Spanish nurse, a British man who died in Macedonia being tested for the virus and more demands by U.S. lawmakers for travel ban...

UK interest rates remain at record low of 0.5%

Oct 09, 2014 at 18:42 | Source: BBC

The Bank of England has held UK interest rates at a record low of 0.5%. It has also decided not to extend its quantitative easing programme, designed to stimulate lending in the economy, beyond the £375bn already spent. Rates have been at 0.5% since...

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