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Gold edges lower as dollar cuts losses after U.S. data| Reuters

May 23, 2015 at 02:45 | Source: FirstPost

NEW YORK/LONDON Gold fell on Thursday as the dollar cut losses on U.S. data that showed growing economic momentum, but support came from signs the Federal Reserve was unlikely to raise interest rates in June.The number of Americans filing new claims ...

Fed still seen in lift-off mode as Yellen takes centre stage| Reuters

May 22, 2015 at 04:15 | Source: FirstPost

NEW YORK The U.S. Federal Reserve is likely to stick with plans to raise interest rates later this year, with progress towards its employment and inflation goals helping allay concerns over the economy's recent weakness, current and former Fed offici...

Wall Street up as near-term rate-hike prospects fade; oil jumps| Reuters

May 22, 2015 at 03:15 | Source: FirstPost

NEW YORK Global equity markets rose on Thursday, with Wall Street's S&P 500 index closing at a record high as investors bet that U.S. interest rates won't rise soon, while oil jumped more than 2 percent on the view that a global glut may be start...

China jails 'Fast and Furious' Lamborghini, Ferrari drivers

May 21, 2015 at 15:30 | Source: FirstPost

Two unemployed men who crashed a Lamborghini and Ferrari as they reportedly staged a "real-life Fast and Furious" race through Beijing were sentenced to jail Thursday for dangerous driving, the court said.According to reports a woman passen...

Forget food park, what Amethi really misses is its VVIP MP Rahul Gandhi

May 21, 2015 at 14:34 | Source: FirstPost

That missing food park is the least of Amethis problems.What Rahul Gandhi does not understand is that the main thing missing for years in Amethi has been its celebrated MP.Rahul Gandhi seems to have a bit of the Amit Shah problem. Shah famously had a...

Athens sees EU deal soon, Greeks' approval of government stance dwindles| Reuters

May 20, 2015 at 04:15 | Source: FirstPost

ATHENS Greece's labour minister said on Tuesday Athens would soon conclude a deal with its foreign creditors that could unlock further loans to the cash-starved country.Greece's new government has been in talks with its European Union and Internation...

BJP president Amit Shah hits out at Cong, accuses UPA of plundering Rs 10 lakh cr in scams

May 19, 2015 at 19:51 | Source: FirstPost

Thiruvananthapuram:Hitting out at Congress, BJP President Amit Shah on Tuesday accusedthe preceding UPA government of plundering the country through scams while asserting that the Narendra Modi government had mobilised huge revenues during its one-ye...

Amit Shah hits out at Cong, accuses UPA of plundering Rs 10 lakh cr in scams

May 19, 2015 at 17:59 | Source: FirstPost

Thiruvananthapuram:Hitting out at Congress, BJP President Amit Shah on Tuesday accusedthe preceding UPA government of plundering the country through scams while asserting that the Narendra Modi government had mobilised huge revenues during its one-ye...

KXIP's David Miller shocked after shot takes policemen's vision in one eye

May 17, 2015 at 09:58 | Source: FirstPost

A police constable lost his right eye after being struck by the ball hit for a six by Kings XI Punjab batsman David Miller during an Indian Premier League (IPL) match against Kolkata Knight Riders at the Eden Gardens. Miller said he was in a state of...

Gold hits three-month high as U.S. data eases rate fears| Reuters

May 15, 2015 at 02:15 | Source: FirstPost

NEW YORK/LONDON Gold hit a three-month high on Thursday as the dollar came under pressure following a new batch of mixed U.S. data that pushed back expectations of when interest rates in the world's largest economy will rise.Spot gold XAU= rose to th...

Govt should open up e-commerce: Why FDI is a good for Indian etailers

May 14, 2015 at 16:24 | Source: FirstPost

New Delhi: The Modi government held its first round of consultations on the issue of allowing Foreign Direct Investment (FDI) in e-commerce with stakeholders today. Participants included representatives from e-tail majors like Flipkart and Snapdeal, ...

EU plans migrant quotas, Britain opts out| Reuters

May 14, 2015 at 01:16 | Source: FirstPost

BRUSSELS The EU announced a plan on Wednesday to distribute asylum-seekers more fairly around its member states and take in 20,000 more refugees, but Britain's newly re-elected Conservative leaders rejected any quota system imposed from Brussels.Shoc...

Pound jumps after Britain's Conservatives lead election

May 08, 2015 at 12:17 | Source: FirstPost

The British pound jumped on Friday after exit polls showed Prime Minister David Cameron's Conservatives headed for victory, while the dollar won support on hopes for a solid US jobs report later in the day.In Tokyo afternoon trade, sterling fetched $...

Who's the villain, law or Bhai? Twitter debates as #SalmanBailOrJail trends

May 08, 2015 at 11:15 | Source: FirstPost

On Wednesday, Salman Khan was found guilty by the Mumbai sessions court in the 2002 hit-and-run case, and was sentenced 5 years in jail.What followed was nothing short of a Bollywood film.There were rumours thatbhai broke down in the court, and more ...

Gold falls 2 percent after better-than-forecast U.S. jobs data| Reuters

May 01, 2015 at 01:15 | Source: FirstPost

NEW YORK/LONDON (Reuters) - Gold fell 2 percent on Thursday after better-than-forecast U.S. jobs data encouraged investors to sell the traditional safe-haven market, reviving expectations the Federal Reserve could raise interest rates soon.Data on Th...

U.S. data suggest economy picking up steam after weak Q1 | Reuters

Apr 30, 2015 at 23:15 | Source: FirstPost

WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits tumbled to a 15-year low last week and consumer spending rose in March, signs the economy was regaining momentum after stumbling badly in the first quarter.The econ...

Mugabe says neighbours should stop flow of migrants to South Africa| Reuters

Apr 30, 2015 at 00:46 | Source: FirstPost

HARARE (Reuters) - Other African nations should stop their citizens from migrating to South Africa to prevent violence against foreigners, Zimbabwean President Robert Mugabe on Wednesday A wave of anti-immigrant violence in South Africa has claimed s...

Baltimore on edge: Obama raises questions on race relations as riot control took over city

Apr 29, 2015 at 12:53 | Source: FirstPost

Baltimore:National Guard troops were deployed to prevent Baltimore spiralling into mayhem as President Barack Obama warned that recent incidents "raise troubling questions" about the policing of black communities.Violence and looting erupte...

Baltimore on edge: President Obama raises questions on race relations as riot control took over city

Apr 29, 2015 at 08:37 | Source: FirstPost

Baltimore:National Guard troops were deployed to prevent Baltimore spiralling into mayhem as President Barack Obama warned that recent incidents "raise troubling questions" about the policing of black communities.Violence and looting erupte...

Fury Jagannath, Giri Thor, Kaakeye: What if The Avengers were from South India?

Apr 28, 2015 at 17:01 | Source: FirstPost

Ever wondered what will it be like if Avengers were in India, what will they do, how will they fit into the Indian society?Put Chutney, the YouTube channel, might just have some answers for you.The YouTube channel which shot to fame with their 'What ...

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