By William Mallard TOKYO (Reuters) - This week's turbulence in Tokyo markets exposes a key risk of Prime Minister Shinzo Abe's all-in strategy to revive Japan's economy - if investor confidence falters, the government and the Bank of Japan may be left with few options to turn the tide. On Friday, the Nikkei share average had another tumultuous session, traversing a 7.1 percent range between positive and negative territory before ending up 0.9 percent. The violent moves kept investors on edge after a 7. ...
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I won't be soft like my mother, says Rahul Gandhi Hindustan TimesCongress vice-president Rahul Gandhi sent out an unusually blunt message to his party colleagues on Thursday, promising to be tougher than his mother in dealing More »
- Three Army personnel killed in Pulwama encounter ANI
Three army soldiers were killed in an encounter with militants in the Tral area of South Kashmir's Pulwama District on Friday. More »
History maker 'Sri' Srinivasan's feat hailed widely IANSHistory-making Indian-American legal luminary Srikanth 'Sri' Srinivasan's unanimous Senate confirmation as the first South Asian judge on the powerful appeals court More »
- Five suspected militants arrested in Jammu and Kashmir ANI
Five suspected militants have been arrested with heavy arms and ammunition in connection with a botched plot to kill security personnel near the Thathri Police More »
BJP gives it back, says govt to blame for delayed bills Hindustan TimesResponding to Congress chief Sonia Gandhi's attack on the opposition for delaying passage of crucial food security and land acquisition billls, the BJP said it was More »
Hands soaked in blood, London knifeman declares his creed on video ReutersA young man with bloodied hands holds a knife and a meat cleaver soaked in blood as he faces the camera to say he has just killed a soldier on a London street in More »
- After Lokayukta report, BJP hunts for Sheila's scalp Hindustan Times
The Delhi unit of BJP on Thursday demanded registration of an FIR against chief minister Shiela Dikshit for allegedly misusing government funds for "political More »
Father of Chechen shot by FBI says he thinks son was tortured ReutersThe father of a Chechen immigrant killed during questioning over his links with one of the Boston Marathon bombings suspects said on Thursday he plans to travel to More »
Google, like Facebook, in talks to buy Waze for $1 billion: report ReutersGoogle Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc , Bloomberg news reported, More »
- Russia's oldest human rights group fights "foreign agent" tag Reuters
MOSCOW (Reuters) - Russia's oldest human rights group went to court on Friday to try to stop state prosecutors forcing it to register as a "foreign agent" under a law it says is intended by President Vladimir Putin to silence dissent. Memorial, which has fought political repression since Soviet times, refuses to comply with the law which critics describe as a crude attempt to reassert Putin's authority after tens of thousands called for him to quit during protests last year. ...
- Volatile Nikkei keeps Asian stocks on edge Reuters
By Ian Chua SYDNEY (Reuters) - Asian stocks fell to one-month lows on Friday and the yen rebounded broadly as extreme volatility in the Nikkei kept investors on edge. The Nikkei has soared nearly 70 percent since November, off the back of aggressive fiscal and monetary policies to revive the economy, leaving the market susceptible to profit taking. It fell more than 7 percent on Thursday after Chinese data raised doubts about the health of the global economy, but it found support on Friday from investors looking for bargains. ...
- Wockhardt slumps for second day on U.S. FDA import alert Reuters
MUMBAI (Reuters) - Shares in Wockhardt Ltd plummeted as much as 19.3 percent on Friday to their lowest since August 2012, continuing to reel for the second day, after the U.S. Food and Drug Administration imposed an "import alert" on a plant operated by the generic drugmaker. Wockhardt shares had already slumped by their daily limit of 20 percent on Thursday on the U.S. FDA action. An "import alert", effectively a ban, results in detention without physical examination of drugs from firms that have not met so-called good manufacturing practices, according to the FDA website. ...
- BSE Sensex gains; Tata Steel, L&T surge Reuters
Reuters Market Eye - The BSE Sensex gains 0.19 percent and the broader Nifty is up 0.27 percent, in a volatile session after four days of declines. Tata Steel Ltd shares rise 4 percent after its January-March quarterly operating profit beat analysts' estimates. Larsen & Toubro Ltd climbs 3 percent as sell-off in the previous two sessions were seen as overdone. L&T shares slipped 12 percent in the last two sessions on lingering disappointment over its January-March profit and outlook. ...
- Jet Airways shareholders approve Etihad deal Reuters
MUMBAI (Reuters) - Shareholders in Jet Airways approved an agreed sale of a 24 percent stake in the airline to Abu Dhabi's Etihad Airways, a senior executive at the Indian carrier said on Friday. Jet Airways, however, deferred seeking shareholder approval for a new set of "Articles of Association" as it awaits regulatory clarity, Company Secretary Arun Kanakal told Reuters after a shareholders' meeting. Etihad, in April, agreed to acquire a 24 percent stake in Jet for $370 million, giving it a bigger foothold in the fast-growing Indian market. ...
- Magnitude 8.2 earthquake strikes Russian Far East Reuters
MOSCOW (Reuters) - A magnitude 8.2 earthquake struck off Russia's eastern coast on Friday, briefly prompting a tsunami scare but causing no casualties or substantial damage, Russian emergency authorities said. The epicentre of the quake was located at a depth of 385 miles (620 km) in the Sea of Okhotsk, 244 miles (390 km) west of the nearest city, Petropavlovsk-Kamchatsky, the U.S. Geological Survey said. ...
- Tata Steel surges; Q4 operating profit beats f'cast Reuters
MUMBAI (Reuters) - Tata Steel Ltd shares rose as much as 6.65 percent on Friday after its January-March quarterly operating profit beat analyst estimates. Brokerage IDFC estimated Tata Steel posted an adjusted standalone operating profit of 33 billion rupees in the previous quarter, compared to its forecast of 27.6 billion rupees. Tata Steel shares gained even as it posted a bigger-than-expected net loss, following a writedown. Shares at the steel maker were up 4.14 percent as of 12:23 p.m. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)
- Foreign selling of dollar sparks Unilever inflows talk Reuters
Reuters Market Eye - Dollar sales from foreign banks in the morning are sparking talk of inflows related to Unilever's open offer for its India unit. Unilever Plc plans to pay up to $5.4 billion to raise its stake in its Indian subsidiary Hindustan Unilever Ltd . The open offer opens June 21 and closes July 4. HSBC is the manager to the open offer. The rupee is currently trading at 55.65/66 from its Thursday close of 55.57/58 as the USD/INR pair was supported by dollar buying by a private refiner. (Reporting by Subhadip Sircar)
- Russia's top social network blacklisted in error - regulator Reuters
MOSCOW (Reuters) - Russia's leading online social network, VKontakte, was blacklisted in error and a ban on distributing content inside the country imposed earlier on Friday has already been lifted, according to the communications regulator. "This was a mistake that resulted from human error," a spokesman for the regulator Roskomnadzor was quoted by Interfax news agency as saying. (Reporting by Douglas Busvine; editing by Elizabeth Piper)
- Nikkei rises 0.9 percent in turbulent session Reuters
TOKYO (Reuters) - The Nikkei share average rose on Friday in turbulent trade, stablising somewhat after a 7.3 percent dive in the previous session, but the extreme volatility and worries the bull-run may be running out of steam sidelined most buyers. The Nikkei rose 0.9 percent to 14,612.45 after dropping as much as 3.5 percent to 13,981.52 in the afternoon. In morning trade, it rose as high as 15,007.50, as investors picked up some of the beaten-down stocks after the market's largest one-day drop in two years on Thursday. The broader Topix gained 0.5 percent to 1,194.08. ...
- Sun Pharma falls after unit's earnings disappoint Reuters
Reuters Market Eye - Shares in Sun Pharmaceutical Industries Ltd fall 3 percent after its unit Taro Pharmaceutical Industries Ltd posted a lower-than-expected January-March net profit, dealers say. New York-listed Taro said quarterly net profit rose to $49.2 million from $47.3 million a year earlier. Earnings were impacted by settlements and loss contingencies of $22 million, which the company said was "related to certain price reporting litigation". Taro did not provide more specifics about the litigation in a statement that came overnight India time. (Reporting by Abhishek Vishnoi)
- U.S. actress Amanda Bynes arrested after allegedly tossing bong out window Reuters
By Chris Francescani NEW YORK (Reuters) - U.S. actress Amanda Bynes was arrested in New York City on Thursday after she allegedly threw a bong out the window of a midtown Manhattan apartment building, a police official said. New York police received a call on Thursday night from an employee at the 47th Street high-rise building where Bynes lives, said NYPD spokesman Detective Brian Sessa. The employee reported that someone was smoking marijuana in the lobby. When police arrived, they were directed to Bynes' apartment, where the actress invited police in, Sessa said. ...
- Obama seeks end to perpetual U.S. 'war on terror' Reuters
By Matt Spetalnick and Warren Strobel WASHINGTON (Reuters) - Twelve years after the "war on terror" began, President Barack Obama wants to pull the United States back from some of the most controversial aspects of its global fight against Islamist militants. In a major policy speech on Thursday, Obama narrowed the scope of the targeted-killing drone campaign against al Qaeda and its allies and took steps toward closing the Guantanamo Bay military prison in Cuba. He acknowledged the past use of "torture" in U.S. ...
- Bridge collapses in Washington state, sending cars into river Reuters
By Jonathan Kaminsky OLYMPIA, Washington (Reuters) - Part of a four-lane freeway bridge over a river in a rural area north of Seattle collapsed on Thursday, sending vehicles and people into the frigid water below, authorities said. The collapse on Interstate 5 over the Skagit River happened at about 7 p.m. local time between the towns of Mount Vernon and Burlington, 55 miles (90 km) north of Seattle, Washington State Patrol spokesman Trooper Mark Francis said. "I've got reports of vehicles and people in the water," Francis said. He added that he did not know if anyone was injured. ...
- India lose to Chinese Taipei, AFC Cup dream ends IANS
Ramallah, May 24 (IANS) The Indian women's football team's dream of qualifying for the AFC Cup fell by the wayside as they went down fighting 1-2 to Chinese Taipei, who notched their second consecutive win, in a group D encounter at the Faisal Al Huseni Stadium here.
- Alice Eve believes in aliens IANS
London, May 24 (IANS) Actress Alice Eve says she believes aliens are real and astronauts have seen them.
- SRK to promote 'Chennai Express' during IPL final IANS
New Delhi, May 24 (IANS) Bollywood superstar Shah Rukh Khan, co-owner of Indian Premier League (IPL) franchise Kolkata Knight Riders (KKR), will appear on "Extraaa Innings T20" during the cricket extravaganza's final face-off to promote his forthcoming film "Chennai Express".
- I don't trust anyone: Justin Beiber IANS
Los Angeles, May 24 (IANS) Pop star Justin Bieber distrusts people so much that he reportedly wants guests to sign a confidentiality agreement before attending his parties.
- It's a sad time for cricket, say celebs IANS
Mumbai, May 24 (IANS) If some are "heartbroken", others are disappointed with the sport getting tainted -- Bollywood celebrities are candidly expressing their discontent over spot-fixing that has cast a shadow over the ongoing Indian Premier League (IPL).
- India at Cannes: Cola without the fizz? IANS
Mumbai, May 24 (IANS) The hoopla over Indian celebrities and films at Cannes overshadows the harsh reality that it has been 19 years since any Indian film has made it to the Palme d'Or or the Golden Palm section of the prestigious film fest.
- High hopes of CM and Congress making Bangalore better IANS
Bangalore, May 24 (IANS) Karnataka Chief Minister Siddaramaiah seems to have raised hopes of better times for this capital as he has kept with himself the Bangalore and IT departments, apart from his pet subject - finance.
- Non-invasive technique to detect oral cancer developed IANS
Washington, May 24 (IANS) Scientists have come up with a non-invasive and more effective way to detect oral cancer, says a study.
- Sensex trades flat in pre-afternoon session IANS
Mumbai, May 24 (IANS) A benchmark index of Indian equities markets was trading flat in pre-afternoon trade Friday -- marginally up 0.16 percent.
- Agra's industrial growth halts, labour migrates IANS
Agra, May 24 (IANS) Industrial growth in the 10,000 sq. km. eco-sensitive Taj Trapezium Zone has come to a halt, forcing large-scale migration of rural labour to urban hubs.
- In heat-wave conditions, Punjab politics gets hotter IANS
Chandigarh, May 24 (IANS) Death, funeral pyre, blood-laced, cheap entertainers, breast-beating, power-drunken mind and obituary - these are the words top politicians in Punjab are using to hurl invectives at each other in a virtual free for all.
- 'Dabba' wins critics week viewers choice award at Cannes IANS
New Delhi, May 24 (IANS) Director Ritesh Batra's debut film "Dabba" (Lunchbox) has won the critics week viewers choice award at the 66th Cannes International Film Festival.
- No need to ban IPL, guilty will be punished: R.P.N. Singh IANS
New Delhi, May 24 (IANS) Minister of State for Home Affairs R.P.N. Singh Friday said it would not be right to ban the Indian Premier League (IPL) in view of fresh revelations in the spot fixing scandal, and promised to act tough against guilty.
- BJP protests near Sheila Dikshit's residence IANS
New Delhi, May 24 (IANS) The Bharatiya Janata Party (BJP) Friday staged a demonstration near Delhi Chief Minister Sheila Dikshit's residence here demanding her resignation over alleged misuse of public money ahead of the 2008 assembly polls.
- Big undersea quake off Russia IANS
Washington, May 24 (IANS) An 8.2-magnitude earthquake under the Sea of Okhotsk was recorded early Friday, the US Geological Survey said.
- Airlines must cap privileged category seats at 10%: govt Hindustan Times
- Sr cop who probed 26/11 case retires Hindustan Times
- No exam papers, report cards if pupils want refund: school Hindustan Times
- BMC cell to hasten RTI process Hindustan Times
- Teachers back on election duty Hindustan Times
- Number-crunching teen in Limca Book of Records Hindustan Times
- JEE row: CBSE told to give answer keys to students Hindustan Times
- BJP gives it back, says govt to blame for delayed bills Hindustan Times
- Cops verifying documents of Vikhroli boats Hindustan Times
- FSI not applied to most constructed areas in Worli building Hindustan Times
- Matunga institute wins $1,60,000 for innovation Hindustan Times
- 314 files on bldgs go 'missing' from civic body records Hindustan Times
- Delhi police to get lessons in gender sensitivity Hindustan Times
- Number-crunching teen finds a place in Limca Book of Records Hindustan Times
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