Bonds fall after surprise rate hike; outlook supportive
Mumbai – Government bonds erased most losses on Tuesday to trade marginally lower on the day after the central bank took the sting off an unexpected hike in interest rates with a statement that traders said signalled a more dovish stance. The Reserve Bank of India surprised markets by... read more »
Delhi Cabinet yet to decide on Jan Lokpal Bill
New Delhi – The AAP government in Delhi, which has completed a month in office, discussed its ambitious Jan Lokpal Bill in the Cabinet meeting on Tuesday. The meeting chaired by Chief Minister Arvind Kejriwal discussed the bill. Since the formatted draft from the Law Department has not yet... read more »
Ukraine crisis: MPs to vote on scrapping anti-protest law
Ukraine’s parliament is expected to vote on plans to scrap a new anti-protest law in a special session called over the ongoing unrest in the country. President Viktor Yanukovych has agreed to repeal the legislation, but it is unclear whether MPs will back him. Opposition to the law has helped... read more »
The Reserve Bank of India guv Rajan surprises with policy rate hike; home l...
In an unexpected move, the Reserve Bank of India (RBI) on Tuesday raised the repo rate – its key lending rate – by 0.25 percentage points to 8%, raising fears of yet another rise in home loan EMIs. The surprise hike in the benchmark lending rate came in despite lower inflation rates in... read more »
Identified five new genes linked to belly fat
Washington – In a breakthrough, that could help in treating obesity, scientists have identified five new genes linked to belly fat. A person’s measure of belly fat is... read more »
Gold Continues to Regain Strength
Gold’s ongoing advance has put the squeeze on short sellers, causing a short-covering rally which led to gold’s fourth consecutive week of gains. The spot ETF, gold, gold ETFs,... read more »
Money can’t guarantee a good education
The look of horror (with a tinge of outrage) said a truckload more than the “Oh, are you sure?” she finally managed to squeeze out. Nigella (name changed) is the proud mother of... read more »
Former Pakistani President General Pervez Musharraf wants treatment in country of his choi...
Former Pakistani President General Pervez Musharraf has expressed his will to get medical treatment of his choice in another country, citing the findings of his medical report which shows... read more »
Thailand protesters ‘promise not to obstruct voting’
Thai protest leader Suthep Thaugsuban has promised that his supporters will not obstruct advance voting for next week’s general election. Mr Suthep says protesters will not try to stop people... read more »
