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Full Text: Barack Obama's final State of the Union address

Jan 13, 2016 at 09:58 | Source: FirstPost

On Tuesday night, President Barack Obama made his final State of the Union address withhis second term drawing to a close.Terrorism, the economy and the Trans-Pacific Partnership were three themes that were always going to be part of farewell State o...

EU strikes deal on rules to prevent rigging of market benchmarks| Reuters

Nov 26, 2015 at 02:30 | Source: FirstPost

BRUSSELS European Union negotiators reached a preliminary agreement on Wednesday on new rules to stop the rigging of market benchmarks, after attempted manipulation of the Libor and Euribor interest rates indexes by banks.The EU executive arm had pro...

Barclays to pay $120 million in U.S. Libor litigation - lawyers| Reuters

Nov 14, 2015 at 10:45 | Source: FirstPost

NEW YORK Barclays Plc agreed to pay $120 million to settle private U.S. litigation accusing it of conspiring with rivals to rig the benchmark interest rate known as Libor, lawyers for the plaintiffs said on Friday.The British bank is the first to res...

It's the most profitable time to sell a house in the US, buyers are scarce

Nov 06, 2015 at 00:56 | Source: FirstPost

WASHINGTON: It's the most profitable time to sell a house since the Great Recession started in late 2007. But first-time buyers are increasingly scarce.More Americans are qualifying for mortgages, yet minorities still get disproportionately rejected....

Barclays must face U.S. class action over Libor| Reuters

Aug 22, 2015 at 03:45 | Source: FirstPost

NEW YORK Barclays Plc (BARC.L) shareholders who accused the British bank in a lawsuit of inflating its stock price by manipulating the interest rate known as Libor may pursue their case as a class action, a U.S. judge ruled on Thursday.U.S. District ...

RBI's Rajan's message to black money hoarders: If you evade, you will be penalised

Feb 21, 2015 at 11:27 | Source: FirstPost

Panaji: Reserve Bank Governor Raghuram Rajan on Friday favoured punishing black money holders by streamlining laws that should be enforced better.Terming the black money issue as "sensitive" he said what is important is ensuring that condit...

RBI Governor Raghuram Rajan in favour of punishing black money holders

Feb 20, 2015 at 22:38 | Source: FirstPost

Panaji: Reserve Bank Governor Raghuram Rajan on Friday favoured punishing black money holders by streamlining laws that should be enforced better.Terming the black money issue as "sensitive" he said what is important is ensuring that condit...

Budget 2015: Aptech bats for credit guarantee fund in education sector

Feb 20, 2015 at 15:29 | Source: FirstPost

Here is what Ninad Karpe, MD and CEO, Aptech Ltd expects from government on education front:-- Accessible and affordable education loan crucial to achieve skill development goal: Millions of students in India who cannot pursue higher/vocational educa...

Liberals work to lure Elizabeth Warren into White House race

Feb 14, 2015 at 05:30 | Source: FirstPost

MANCHESTER, N.H. (Reuters) - The scene in the New Hampshire office is one common to any nascent U.S. presidential campaign in the state that holds the country's first primary contest: Young staffers peck away at laptops and unpack boxes of signs with...

Buying that exotic home overseas just got easier thanks to Raghuram Rajan

Feb 04, 2015 at 11:46 | Source: FirstPost

Buying that dream home in an exotic location abroad just got easier as the Reserve Bank of India (RBI) on Tuesday doubled the annual overseas investment ceiling for individuals to $2,50,000 from $1,25,000 as India's foreign exchange reserves have sca...

Tony Abbott's stumbling blocks with Australian voters

Feb 02, 2015 at 13:07 | Source: BBC

Australian Prime Minister Tony Abbott has defended his government and pledged to ride out public criticism, amid growing rumblings of a possible leadership challenge. Mr Abbott threw Kevin Rudd from power in the September 2013 general election, conde...

Exclusive: Govt to list out top rated education institutes to streamline student loans

Jan 23, 2015 at 15:27 | Source: FirstPost

The government is mulling the possibility of creating a listoftop grade educational institutions in a bid to streamline the process of extending bank finance to students aspiring to pursue higher education.Such an exercise will enable students of the...

Obama's State of the Union Address: 'We need to make sure Govt doesn't screw things up'

Jan 21, 2015 at 08:52 | Source: FirstPost

The White House has, in an unusual move, released the full text of the State of the Union address to the public without embargo.Here is the full text of President Obama's speech:Mr. Speaker, Mr. Vice President, Members of Congress, my fellow American...

Full text Obama's State of the Union Address: 'We need to make sure Govt doesn't screw things up'

Jan 21, 2015 at 07:58 | Source: FirstPost

The White House has, in an unusual move, released the full text of the State of the Union address to the public without embargo.Here is the full text of President Obama's speech:Mr. Speaker, Mr. Vice President, Members of Congress, my fellow American...

Age advantage

Dec 01, 2014 at 04:12 | Source: Calcutta Telegraph News

Life insurance has never been a very tempting financial option for the young. Investing in insurance will be the last thing in your mind when you are in your 20s. Fresh out of college with loads of hopes and aspirations, you are set to take the firs...

Eurostar rail stake touted for sale by UK government

Oct 13, 2014 at 12:47 | Source: BBC

The UK government is seeking buyers for its 40% stake in the cross-Channel train operator Eurostar to help boost the public finances. The intention to sell was set out last year in the government's Autumn Statement and National Infrastructure Pl...

Ex-Rabobank trader pleads guilty to rate rigging

Aug 19, 2014 at 19:02 | Source: BBC

A former senior trader at Rabobank has pleaded guilty to interest rate rigging in the US. Paul Robson is the second trader at the Dutch bank to plead guilty to trying to rig the Yen Libor rate and the first Briton to do so. Last year Rabobank paid $1...

Budget 2014: Why Obama's and Jaitley's addresses are different, yet so similar

Jul 11, 2014 at 11:19 | Source: FirstPost

By Azza Cohen and Paarth ShahAs two American interns at the Forbes India office, we were tasked with analysing the Union Budget tabled by finance minister Arun Jaitley. During our time watching the 127-minute speech, we couldn't help but think of our...

Iraq unrest: Gunmen seize hospital with stranded Indian nurses

Jul 02, 2014 at 16:13 | Source: FirstPost

Asthe crisis in Iraq escalates, Indian nurses in Tikrit told Human Rights watchdog Amnesty International India that armed men had seized control of the government hospital where they wereemployed and are stranded.Nurses also told Amnesty that the gun...

Narendra Modi's tremendous reach on social media: How the PM plans to use it for better governance

Jun 15, 2014 at 04:32 | Source: Economic Times

Signing on controversial bills isn't alien to Barack Obama, president of the United States. In February his stamp on the farm bill — the government's primary agricultural and food policy tool that tends to invite debate because of the subsidy progr...

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