By Dorene Internicola NEW YORK (Reuters) - Fitness experts are shining a new light on group classes from Zumba to yoga because they believe the right lighting can transform the four walls of a fitness studio from a dance party to a meditation space, and back again. "Because of the theatrical nature of group fitness classes, lighting is key to differentiate programming," said Donna Cyrus, senior vice president of programming at Crunch fitness centers. ...
Yahoo! News India
- Indian cinema on a mission at Cannes to dispel Bollywood image Reuters
Indian movie actors and a new wave of directors are on a mission at the Cannes film festival - to show that their industry, which turns 100 this year, is more than More »
- Protests by Aam Admi Party in Delhi over inflated electricity bills ANI
Supporters of Aam Aadmi Party (AAP), protested against inflated electricity and water bills in New Delhi on Sunday and submitted complaint letters to the Congress More »
- Sarabjit death probe: Pakistani official may visit India IANS
A one-man inquiry tribunal comprising Justice Syed Mazahar Ali Akbar Naqvi of Lahore High Court may visit India to complete the judicial inquiry into the death of More »
- UP: 42 cops booked for alleged murder of terror suspect Ani
42 Uttar Pradesh policemen, including some top officers, were booked on Sunday for the alleged murder of Khalid Mujahid, an accused in the serial blasts in the More »
- Rahul Gandhi criticises opposition for 'stalling' Food Bill ANI
Congress Vice President Rahul has criticised the opposition parties for stalling the Food Security Bill in Parliament, and asserted the UPA government was More »
- Saudi woman creates history by reaching Mount Everest summit ANI
A Saudi woman has become the first female from the country and the youngest Arab to reach the summit of Mount Everest - the world's highest mountain. More »
- BOOK TALK - Preparing for Asia's golden age Reuters
By Vidya Ranganathan SINGAPORE (Reuters) - There is a new gold rush in the Asia-Pacific: rising incomes and consumer spending by Asia's fast-growing middle classes that is generating unprecedented opportunities for multinational firms. If western firms recognise those opportunities in markets for consumer and luxury goods, travel and other services, their strategies will increasingly shift towards building commercial ties with Asia, says Rajiv Biswas, the Asia-Pacific chief economist for IHS Global Insight. ...
- Tata Steel profit may lag estimates - StarMine Reuters
Reuters Market Eye - Tata Steel Ltd may miss January-March profit consensus forecasts when it reports results on Thursday, according to Thomson Reuters StarMine data. StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Tata Steel to report a profit of 3.34 billion rupees for the quarter compared with a wider consensus mean estimate of 3.64 billion rupees. Shares in Tata Steel are up 1.35 percent at 11.13 a.m. (Reporting by Abhishek Vishnoi)
- No case for S&P ratings downgrade: Mayaram Reuters
NEW DELHI (Reuters) - There is no case for downgrading India's sovereign credit rating, Economic Affairs Secretary Arvind Mayaram told the news channel ET Now on Monday, after Standard & Poor's reiterated its negative outlook on the country's credit rating. The rating agency last week warned that India needed to follow through on implementing a slew of pending economic reforms, a warning that dealt a blow to a government that had recently pitched for an upgrade. ...
- Government debt quota sale to foreign investors watched Reuters
Reuters Market Eye -India will sell 55.33 billion rupees worth of government debt limits to overseas investors later on Monday, the first after the country cut the debt withholding tax for foreign investors last month. These quotas give foreign investors the right to invest in debt up to the limit bought. India cut tax rates for foreign investors on interest income from investments in government and corporate debt to 5 percent from 20 percent, hoping to attract more funding to bridge its current account deficit and polish its reformist credentials. ...
- Lupin falls; Mylan launches cholesterol drug Reuters
Reuters Market Eye - Shares in Lupin Ltd slump 4 percent after earlier falling as much as 4.7 percent following the launch of rival Mylan Inc's generic version of the cholesterol-lowering Tricor tablets. Mylan Inc said in a statement on Friday its unit Mylan Pharmaceuticals Inc has shipped generic Tricor, or fenofibrate tablets, of 48 mg and 145 mg. Mylan compete against Lupin, which also sells generic versions of Tricor. "Mylan's launch of Tricor will result in higher competition and decline in Lupin's market share in a drug which has a market size of $1. ...
- Sensex gains; foreign investors continue to buy Reuters
Reuters Market Eye - The BSE Sensex gains 0.71 percent while the broader Nifty advances 0.63 percent, after earlier marking their new 2-1/2-year intraday highs, as foreign portfolio investors extend their record buying spree. Foreign investors have been net buyers for 22 consecutive sessions as of Friday, bringing in a net of about $13.52 billion in 2013, regulatory and exchange data shows. Asian stock markets edge higher after U.S. equities hit record closing highs on Friday as encouraging economic data prompted investors to buy into growth companies. ITC Ltd gains 1. ...
- Gold falls for eighth session, silver down sharply Reuters
By A. Ananthalakshmi SINGAPORE (Reuters) - Gold fell for an eighth straight session on Monday to its weakest level in over a month, as fears that the U.S. Federal Reserve may wind back its economic stimulus programme hurt the metal's appeal as a hedge against inflation. Investors have been dumping gold, which is down 20 percent so far this year, as stocks and the dollar continue to outperform. If gold closes in the red on Monday, it would match the metal's longest losing streak since March 2009. ...
- Infosys to challenge new tax demand of $105.3 million Reuters
BANGALORE (Reuters) - Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a 5.77 billion rupees income tax demand raised by Indian authorities earlier this month. The demand relates to certain tax benefits on income from software development done overseas at the clients' location and revenue from special economic zones in India, Infosys said in a statement. It said the latest tax demand disregards a clarification by the government in January. ...
- India gripes over border, trade woes on Li's trip Reuters
By Frank Jack Daniel NEW DELHI (Reuters) - Prime Minister Manmohan Singh told visiting Chinese Premier Li Keqiang on Sunday a recent military standoff in the Himalayas could affect relations between the two countries as they looked to boost bilateral trade. At a meeting shortly after Li arrived in India on his first foreign trip, Singh said relations were affected when "peace and tranquillity" on the border was impacted, a senior government official with knowledge of the discussions told Reuters. ...
- Rupee down despite share gains Reuters
Reuters Market Eye - The rupee trading close to 55 levels despite gains in the domestic sharemarket. The rupee is trading at 54.99/55.00 versus its close of 54.88/89. The rupee fell to as low as 55.07 in opening trade, its lowest since March 4. Domestic shares trading up 0.8 percent tracking firm Asian indices. Traders say good dollar buying is likely at 54.95 levels while 55.15 is expected to cap the upside. "If 55.15 is broken convincingly, we could see it move upto 55.40-50 levels but until then it is safe to play the 54.50 to 55.15 range," said a senior dealer with a foreign bank. ...
- Imran Khan's party wins revote in Karachi, protests expected Reuters
ISLAMABAD (Reuters) - Cricket hero Imran Khan's Pakistan Tehrik-i-Insaf party won a revote in an upmarket constituency of Karachi on Sunday, unofficial results showed, a day after gunmen killed a party leader, setting the stage for protests and counter-protests. Khan blamed the killing of Zara Shahid Hussain on the Muttahida Quami Movement (MQM) party, which has a stranglehold on the city. Furious MQM leaders denied responsibility, condemned the killing and demanded a retraction from Khan. ...
- Little sign Abe can shake up Japan's inbound FDI Reuters
By Stanley White TOKYO (Reuters) - Japan risks missing, yet again, an opportunity to use foreign investment to help fuel sustained economic growth that has eluded it for the last two decades. Prime Minister Shinzo Abe pledged to make Japan "the world's easiest country for companies to do business in" as part of his economic revival plan, which so far has been largely met with approval. The stock market has rallied 45 percent this year and Abe's approval ratings are around 70 percent. ...
- Asian shares rise; Yen edges up from lows Reuters
By Masayuki Kitano SINGAPORE (Reuters) - The yen edged higher on Monday after Japan's economics minister said further weakness in the yen could harm households, while Asian shares rose in response to U.S. equities rallying on upbeat economic data. The dollar fell to as low as 102.00 yen earlier on Monday, pulling away from Friday's high of 103.32 yen, the greenback's highest level versus the yen since October 2008. The dollar later pared some of its losses, and last stood at 102.69 yen, down 0.5 percent on the day. ...
- Despite curbs, China's vast hot money triangle flourishes Reuters
By James Pomfret and Matthew Miller ZHUHAI, China/HONG KONG (Reuters) - In an underground mall just a stone's throw from China's teeming border with Macau, a row of 30 small shops with identical golden plaques does a brisk, though shadowy trade with mainland Chinese visitors, many of them bound for the gambling hub. "Good rates. Better than the banks," shout salespeople jostling to usher clients into shops where thick wads of Chinese 100 yuan and HK$1,000 bank notes change hands and shuffle noisily through electronic cash-counting machines. ...
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