MUMBAI (Reuters) - Indian gold futures jumped more than a percent on Thursday aided by a weaker rupee and firm global trends, while premiums on physical gold eased due to some supply from bullion importing agencies. The Reserve Bank of India restricted banks from consignment imports of the yellow metal, except for jewellery exporters, after imports in April jumped more than 150 percent, despite a 50 percent hike in import duty in January. ...
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Spot-fixing: Police to quiz BCCI chief's son-in-law Hindustan TimesThe Mumbai Police on Thursday reached Chennai to question Chennai Super Kings 'principal' Gurunath Meiyappan, the son-in-law of team owner and Indian cricket board More »
Sheila Dikshit misused public money: Lokayukta IANSDelhi Lokayukta Manmohan Sarin Wednesday came down heavily on Chief Minister Sheila Dikshit for misusing public money to "gain favour" for her and her political More »
- PIL challenges Shashi Kant Sharma's appointment as CAG ANI
A public interest litigation (PIL) has been filed in the Supreme Court challenging the appointment of new Comptroller and Auditor General and former defence More »
- Australia looks into allowing Sikhs to wear turban at work IANS
Sydney, May 23 (IANS) Australian Prime Minister Julia Gillard has said that she would look into the issue of allowing Sikhs in her country to wear the turban while More »
- 'Invisible forces' trying to stall Kerala's progress: Minister IANS
Thiruvananthapuram, May 23 (IANS) Kerala Industries and Information Technology Minister P.K. Kunhalikutty Thursday said some invisible forces were trying to stall More »
- Malaysia police arrest opposition figures in crackdown Reuters
By Siva Sithraputhran KUALA LUMPUR (Reuters) - Malaysian police arrested several opposition politicians and activists on Thursday, launching a crackdown on dissent More »
- Iran seeks to speed up nuclear activity, capacity unclear Reuters
By Fredrik Dahl VIENNA (Reuters) - Iran is trying to accelerate its uranium enrichment programme, a U.N. nuclear report showed, but experts said it was unclear when More »
- Stringent law shields UP hospitals, staff from vandalism IANS
Lucknow, May 23 (IANS) People who vandalise medical facilities or thrash hospital doctors in Uttar Pradesh can now be arrested by police faster, without a More »
Japanese octogenarian becomes oldest to reach Everest summit ReutersAn 80-year-old Japanese mountain climber who has had four heart surgeries reached the top of Mount Everest on Thursday becoming the oldest person to conquer the More »
- London attacker was British-born of Nigerian descent-source Reuters
LONDON (Reuters) - One of the attackers who hacked a soldier to death in London was British-born and of Nigerian descent, a source with knowledge of the investigation said. The other man may also be British with a Nigerian background, the source told Reuters. British media identified one of the men as Michael Adebolajo, citing police sources. (Reporting by Guy Faulconbridge)
- Chidambaram seeks to soothe investor nerves Reuters
By Rajesh Kumar Singh NEW DELHI (Reuters) - Finance Minister P. Chidambaram said fears the Federal Reserve would start reversing its U.S. monetary stimulus programme were unfounded but his remarks failed to prevent steep falls in domestic markets on Thursday. The Nifty slumped more than 2 percent, while the rupee fell to a more than 8-1/2 month low. The falls, tracking weak Asian markets, came a day after Federal Reserve Chairman Ben Bernanke suggested bond purchases could be scaled back if the U.S. economy improves. ...
- Sensex loses 388 points, Nifty ends below 6,000 on Fed, China concerns Reuters
MUMBAI (Reuters) - The Nifty posted its biggest percentage fall in a year on Thursday, as the prospect of an end to the U.S. stimulus programme and a weak China manufacturing survey sparked concerns foreign investors would end their recent buying spree. The broader Nifty fell 2.09 percent, marking its biggest daily percentage fall since May 8, 2012. The benchmark BSE Sensex fell 1.93 percent. State Bank of India slumped 7.85 percent after posting its first quarterly net profit drop in two years, missing market estimates. (Reporting by Himank Sharma; Editing by Rafael Nam)
- Watford and Palace chase Premier League jackpot Reuters
By Sonia Oxley REUTERS - Two days after Bayern Munich and Borussia Dortmund fight it out for Europe's most prestigious club prize at Wembley, Watford and Crystal Palace will take to the same pitch chasing an even more financially lucrative reward. Monday's English Championship (second tier) playoff final will determine which team will be promoted to the Premier League, a feat analysts estimate to be worth 120 million pounds. ...
- Wockhardt shares drop 20 pct after FDA import alert Reuters
MUMBAI (Reuters) - Shares of drugmaker Wockhardt Ltd fell 20 percent on Thursday to their lowest level in more than seven months after the U.S. drug regulator published an "import alert" on one of its manufacturing facilities. The U.S. Food and Drug Administration published the alert, dated May 22, on a Wockhardt facility in Aurangabad in Maharashtra, according to the regulator's website. An "import alert" results in detention without physical examination of drugs from firms that have not met so-called good manufacturing practices, according to the FDA site. ...
- Asian markets selloff on Bernanke remarks, China PMI Reuters
By Masayuki Kitano and Hideyuki Sano SINGAPORE (Reuters) - Hawkish comments by U.S. Federal Reserve Chairman Ben Bernanke and weakness in China's factory activity rocked Asian markets on Thursday, took the dollar to three-year highs, sent share markets lower, and hit the Japanese government bond market as yields rose to their highest in a year. Stock and bond markets took their cue from the drop in U.S. equities and Treasuries after Bernanke's remarks at a Congressional hearing sparked worries of an earlier than expected reduction in U.S. monetary stimulus. ...
- Suicide bombers strike mine, military barracks in Niger Reuters
By Abdoulaye Massalatchi NIAMEY (Reuters) - Suicide bombers struck a military barracks and a mine run by French nuclear group Areva in Niger on Thursday, killing and wounding several people in separate attacks that showed the fight against Islamist militants was spreading across West Africa. Military sources said several soldiers were killed in a gun battle with Islamists following a car bomb attack at the barracks in Agadez, the largest town in northern Niger. ...
- Barred from poll, Rafsanjani calls Iranian leaders ignorant Reuters
By Marcus George and Yeganeh Torbati DUBAI (Reuters) - Former president Akbar Hashemi Rafsanjani has accused Iran's leadership of incompetence and ignorance just days after he was barred from standing in an election next month, the opposition Kaleme website reported on Thursday. Rafsanjani's comments appeared to add to the political conflict between those loyal to the leadership and opposition groups who have been marginalised since post-election unrest in 2009. ...
- British PM seeks answers after soldier hacked to death Reuters
By Maria Golovnina and Guy Faulconbridge LONDON (Reuters) - Prime Minister David Cameron convened an emergency meeting of his intelligence chiefs on Thursday after two Islamists hacked a soldier to death with meat cleavers on a south London street. A dramatic clip filmed by an onlooker just minutes after Wednesday's killing showed a man with hands covered in blood shouting Islamic slogans and promising revenge on Britain for its participation in wars in the Muslim world. "We swear by almighty Allah we will never stop fighting you. ...
- Malaysia police arrest opposition figures in crackdown Reuters
By Siva Sithraputhran KUALA LUMPUR (Reuters) - Malaysian police arrested several opposition politicians and activists on Thursday, launching a crackdown on dissent three weeks after an election exposed deep divisions in the country and sparked a series of opposition protest rallies. Police also raided the offices of opposition newspapers and seized thousands of copies of their publications, according to online media reports. ...
- Cameroon appoint German Finke as head coach Reuters
YAOUNDE (Reuters) - Cameroon have appointed Volker Finke as head coach of the national team, the German tasked with ensuring the Indomitable Lions qualify for the 2014 FIFA World Cup in Brazil. Finke takes over from caretaker coach Jean-Paul Akono, who was brought in to replace Denis Lavagne last September after the Frenchman failed to take Cameroon to the African Nations Cup finals in 2012 and 2013. ...
- Nagatomo recalled for Japan's World Cup qualifier Reuters
REUTERS - Flying fullback Yuto Nagatomo was recalled to the Japan squad on Thursday for the crunch 2014 World Cup qualifier against Australia next month, where victory would secure a berth in Brazil and damage the Socceroos' hopes of joining them. A knee injury forced Nagatomo to miss Japan's last qualifier in Jordan where the Asian champions needed only a point to claim an early place at the finals but lost 2-1 to the West Asians. ...
- Iran seeks to speed up nuclear activity, capacity unclear Reuters
By Fredrik Dahl VIENNA (Reuters) - Iran is trying to accelerate its uranium enrichment programme, a U.N. nuclear report showed, but experts said it was unclear when Tehran's new machines could start operating and how efficiently they would work. The Islamic state's progress in introducing next-generation centrifuges is closely watched in the West and Israel as it would enable Tehran to speed up accumulation of material that could be used to build atomic bombs. Iran denies any such aim. ...
- China warns blind dissident ahead of Taiwan trip Reuters
BEIJING (Reuters) - China warned blind legal activist Chen Guangcheng on Thursday to mind his language ahead of his trip next month to political rival Taiwan, on a visit which could infuriate Beijing if, as expected, Chen uses it to criticise Chinese rights abuses. China has been largely silent on the issue of Chen since he fled from house arrest and took refuge in the U.S. embassy in Beijing last year, straining Sino-U.S. relations, before he was allowed to leave for New York for study. Since then, Chen has taken his campaign to improve human rights in China to senior U.S. ...
- China hasn't used Pakistan against India: Daily IANS
Beijing, May 23 (IANS) China has played a positive role in the continuous easing of the relationship between India and Pakistan, said a state-run daily which added, "China has not played balancing strategy, using one country against the other."
- Indian-origin actor honoured in New Zealand IANS
Wellington, May 23 (IANS) Indian-origin actor Jacob Rajan has been made a member of New Zealand Order of Merit for his contributions to theatre.
- Shashi Kant Sharma sworn-in as new CAG IANS
New Delhi, May 23 (IANS) Shashi Kant Sharma, a Bihar cadre Indian Administrative Service (IAS) officer, was Thursday sworn-in as the new Comptroller and Auditor General (CAG), the government's official auditor.
- Preity wants to do Indian 'CSI' if remade in India IANS
New Delhi, May 23 (IANS) If popular international show "CSI: Crime Scene Investigation" is remade in India, actress Preity Zinta is all for being a part of it.
- Amar Singh cuts sorry figure at PM residence IANS
New Delhi, May 23 (IANS) The once confident Amar Singh was a pale shadow of his old self when the UPA celebrated nine years in power at the residence of Prime Minister Manmohan Singh.
- SBI profit drops 18.5 percent in January-March quarter IANS
Mumbai, May 23 (IANS) India's largest lender State Bank of India (SBI) Thursday said its net profit dropped by 18.54 percent to Rs.3,299.22 crore in the quarter ended March 31 owing to lower interest income and higher provisioning.
- Sensex tanks 353 points on negative global cues IANS
Mumbai, May 23 (IANS) A benchmark index of the Indian equities markets was trading 1.76 percent down around 2.30 p.m. trade Thursday, on the back of news emanating from the US that the stimulus programme could come to an end soon and weakness in other Asian bourses.
- Daimler India to start exports of FUSO trucks from June IANS
Chennai, May 23 (IANS) German automobile major Daimler AG will start exports of FUSO range of trucks - belonging to Japanese Mitsubishi FUSO Truck and Bus Corporation (MFTBC) - to Sri Lanka out of its plant near here from June, said a senior official near here Thursday.
- Telangana Nagara Samithi to merge with BJP on June 3 IANS
Hyderabad, May 23 (IANS) Former Andhra Pradesh minister Nagam Janardhana Reddy Thursday announced that he would merge his Telangana Nagara Samithi with Bharatiya Janata Party (BJP) next month.
- Shashi Kant Sharma sworn-in new CAG IANS
New Delhi, May 23 (IANS) Shashi Kant Sharma, a Bihar cadre Indian Administrative Service (IAS) officer, was Thursday sworn-in the new Comptroller and Auditor General (CAG), the government's official auditor.
- IPL is den of gambling: Yashwant Sinha IANS
New Delhi, May 23 (IANS) The Indian Premier League (IPL) is a den of gambling, BJP leader Yashwant Sinha said Thursday and pressed for a detailed inquiry into the spot fixing in the tournament.
- Amazing to choreograph talented Lauren Gottlieb: Punit Pathak IANS
Mumbai, May 23 (IANS) "ABCD" actor Punit Pathak will be seen dancing with international dancer Lauren Gottlieb in Colors' dance reality show "Jhalak Dikhhla Jaa 6". He is looking forward to choreograph her as he would be able to think "out of the box" and "try new things".
- 'Barfi!' treads foreign grounds IANS
New Delhi, May 23 (IANS) Ranbir Kapoor-starrer "Barfi!", which amassed critical and commercial acclaim in 2012, continues its international journey with an invitation from the Shanghai International Film Festival and an impending release in Taiwan and Hong Kong. The actor is excited.
- Bookie, nine others held in Kolkata IANS
Kolkata, May 23 (IANS) A bookie and nine of his associates were arrested in Kolkata, police Thursday said, adding that they were investigating if the culprits had links with the ongoing IPL spot fixing controversy.
- 'Invisible forces' trying to stall Kerala's progress: Minister IANS
Thiruvananthapuram, May 23 (IANS) Kerala Industries and Information Technology Minister P.K. Kunhalikutty Thursday said some invisible forces were trying to stall the state's progress on all fronts but refused to identify them.
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