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  • Gold demand muted on Akshaya Tritiya, buyers hope for lower prices
    Gold demand muted on Akshaya Tritiya, buyers hope for lower prices

    By Meenakshi Sharma MUMBAI (Reuters) - Gold purchases in India started slowly on Tuesday, a festival day, despite a fall in local prices, as hard times in rural areas have hit demand and many buyers are holding back because they expect prices to fall even further. Indians are the world's biggest consumers of bullion and Akshaya Tritiya celebrated on Tuesday is usually one of the busiest gold-buying festivals along with Diwali and Dhanteras. Footfall was much higher last year compared to this …

  • Thomas Bobby Philip becomes first Indian to run Boston Marathon barefoot
    Thomas Bobby Philip becomes first Indian to run Boston Marathon barefoot

    Bobby after completing the marathon Thomas Bobby Philip might not be a household name in Indian sports, but his miraculous feat of running the ent ... …

  • Minister says 2,000 girls "killed" every day
    Minister says 2,000 girls "killed" every day

    By Nita Bhalla NEW DELHI (Thomson Reuters Foundation) - Two thousand girls are "killed" every day due to a preference for sons in India with most aborted or murdered just after birth, the country's minister for women and child development said. Despite laws that ban parents having tests to determine the gender of unborn children, sex selective abortions remain a common practice in parts of India, and have resulted in a decline in the number of girls compared to boys. Some are born and have …

  • India won't yield to foreign investors' demand for tax waiver - finance ministry source
    India won't yield to foreign investors' demand for tax waiver - finance ministry source

    The government will not yield to the demand of foreign portfolio investors for a tax waiver on capital gains of previous years, a top finance ministry official told reporters on Tuesday. Finance Minister Arun Jaitley had said in his budget speech that capital gains made by foreign investors from April 1, 2015 would be exempted from minimum alternative tax (MAT). "Government will not yield to the demand of FIIs (foreign institutional investors) to withdraw tax notices issued to them," said the …

  • Badminton Asia Championships: Jwala Gutta and Ashwini Ponnappa eliminated in the first round
    Badminton Asia Championships: Jwala Gutta and Ashwini Ponnappa eliminated in the first round

    Jwala and Ashwini lost to the Chinese pairing of Ya Ching Tsu and Yu Po Pai in three games. …

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