Gold ignores soft U.S. housing data, falls on fears Fed support ending

Investing.com - Gold prices dropped on Monday after investors shrugged off soft U.S. housing figures and sold on concerns years of support from the Federal Reserve via monetary stimulus tools will be winding down in 2014.On the Comex division of the...

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U.S. stocks mixed on housing data in listless trading; Dow up 0.16%

Investing.com - Stock prices finished Monday mixed to higher in quiet trading as investors shrugged off weaker-than-expected housing data and looked head to early 2014 to see how fourth-quarter earnings and economic growth rates perform.At the close...

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INSIGHT - Italy's Chinese garment workshops boom as workers suffer

By Silvia AloisiPRATO, Italy (Reuters) - Shen Jianhe lost both her job and home when Italian police shut down her garment factory in the Tuscan city of Prato. By day, the 38-year-old mother of four would sew trousers at one of the nearly 5,000 workshops...

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Spain arrests eight over global bank cyber heists

MADRID (Reuters) - Spanish police on Sunday said they had arrested eight people suspected of helping to steal more than $60 million from banks worldwide by hacking into credit card processing firms and withdrawing money from cash machines.The arrests...

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Places to dine on New Year`s Eve

Mumbai Go the Whole Hog@Sofitel This New Year's there's a feast for every kind of foodie at Bandra Sofitel. Buffet junkies can settle in at Jyran. The kids can party on in Pondicherry Café, and vegeterians can have their senses awakened at  Tuskers. ...

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A snow clad New Year’s eve in Shimla

After a white Christmas, it's time for a snow clad New Years in Shimla, adding to the delight of tourists flocking the hill stations of Himachal Pradesh. Few other places in the state such as Kullu, Manali, Rohtang Pass, Lahaul and Spiti will also receive...

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Harvesting and post-harvest activities continue to be smooth in major coconut belts

Harvesting and post-harvest activities continue to be smooth in major coconut belts. Coconut plantations are under good condition in the southern peninsular region. Weather is also optimum for planting of new seedlings in these regions, as optimum moisture...

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In Punjab and Haryana crushing of mature sugarcane

Dec 28, 2013, 05.00 AM IST In Punjab and Haryana crushing of mature sugarcane has already been started as early sown cane crop has attained desirable maturity for the extraction of juice ... Tags  Sugarcane Source: Skymetweather.com...

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US jobless claims fall in positive sign for labor market

The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly a month, a hopeful sign for the labor market.Initial claims for state unemployment benefits decreased 42,000 to a seasonally adjusted 338,000,...

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Government stake in Andhra Bank goes up by over 2%

Dec 26, 2013, 10.16 PM IST According to a filing with stock exchanges today, the city-headquartered lender said it has allotted 3,00,34,539 equity shares on preferential basis to the government. Tags  Andhra Bank, public lender,...

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Mutual Funds decline as markets end lower

Equity Mutual Funds closed in red as the market closed lower amid choppy trade on Tuesday ahead of December derivative contracts expiry. The broader markets funds in Large cap, Index and ELSS categories were hammered quite badly while Small & Mid...

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Kotak Mahindra buys 1.7% stake in Innoventive Industries

Kotak Mahindra International purchased 1.68 percent stake in  Innoventive Industries through block deal on Tuesday.Kotak bought 9,99,670 equity shares at Rs 14.35 apiece on the National Stock Exchange. However, Kitara PIIN 1101 was the seller in...

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Congress in a dilemma, may not back AAP in Delhi: Sources

Even before the Aam Aadmi Party could form the government in Delhi with Congress supporting it from outside, divisions within the latter over the strategy have come out in the open. Government formation in Delhi may take some more time, as sources say...

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India caps immunity for US diplomats, withdraws it for kin

In a tough reciprocal action, India today downgraded the immunity of certain category of US diplomats and withdrew the immunity enjoyed by their family members, in a fallout of the arrest of a senior Indian diplomat in New York.US consular officials...

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US-Cayman FATCA Deal: India Impact?

Published on Mon, Dec 23,2013 | 23:52, Updated at Mon, Dec 23 at 23:52Source : Moneycontrol.com |   Watch Video : Estate tax, Exit tax and now FATCA with Cayman – US disclosure rules are impacting Indian Americans in more ways...

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Forex - Dollar slips on soft data, U.S. stock-market gains

Investing.com - The dollar edged lower against most major currencies on Monday after a key consumer sentiment index missed expectations, while rising U.S. stock prices also steered investors away from the greenback.In U.S. trading on Monday, EUR/USD...

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French president "regrets" quip on Algerian security

PARIS (Reuters) - President Francois Hollande expressed regret on Sunday that a quip he made about poor security in Algeria had caused an outcry in the former French colony, as opponents accused him of a diplomatic blunder.Hollande was attending an anniversary...

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South Africa recall fast bowler Abbott for second test

JOHANNESBURG (Reuters) - South Africa have recalled fast bowler Kyle Abbott for the second test against India in his home town of Durban starting on December 26.Abbott, who replaced the injured Morne Morkel, made his test debut against Pakistan in the...

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UPA did more than any other govt to fight corruption: Rahul

Congress vice-president Rahul Gandhi addressed a Ficci conference in New Delhi on Saturday.Also Read: Jayanthi Natarajan quits as Union Minister for 'party work' Below are the highlights: - Admit that Congress party did not do well in Assembly Elections...

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Winter Solstice- Shortest day of the year in India

With fog in India extending up to Madhya Pradesh and Kolkata, those gasping for more daylight have good news. Today, countries in the Northern Hemisphere will witness winter solstice, which marks the shortest day and the longest night of the year as...

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Forex - Dollar slips on profit taking in a risk-on trading session

Investing.com - The dollar gave back earlier gains against most major currencies and dipped on Friday after better-than-expected U.S. growth data enticed investors out of safe-haven dollar positions and into higher-yielding currencies and stocks.Investors...

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U.S. stocks gain on strong U.S. growth data; Dow rises 0.26%

Investing.com - A surprisingly strong U.S. economic growth report sent stocks rising on Friday by fanning expectations for U.S. recovery to gain steam and allow for more solid corporate fundamentals in the future.At the close of U.S. trading, the Dow...

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Forex - GBP/USD dips on Fed-fueled dollar rally

Investing.com - The pound slumped against the dollar on Thursday as investors snapped up greenback positions in wake of the Federal Reserve's Wednesday decision to trim its USD85 billion in monthly bond purchases by USD10 billion in January.In U.S. trading...

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Forex - Dollar extends gains on Fed taper move, soft data weigh

Investing.com - The dollar continued to advance against most major currencies on Thursday after the Federal Reserve said it was trimming its USD85 billion monthly bond-buying program by USD10 billion next month, though lackluster economic indicators...

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Forex - Dollar gains as Fed tapers stimulus, dovish language weighs

Investing.com - The dollar rose against most major currencies on Wednesday after the Federal Reserve said it was trimming its USD85 billion monthly bond-buying program by USD10 billion though dovish language attached to the policy statement sparked appetite...

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U.S. stocks gains as Fed tapers with dovish language; Dow up 1.62%

Investing.com - U.S. stocks rose on Wednesday even after the Federal Reserve announced plans to begin scaling back a monthly bond-buying program that has supported stocks for over a year now, as dovish language in the policy statement sparked a rally.Fed...

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Gold drops on lackluster U.S. inflation data, Fed uncertainty

Investing.com - Gold prices dropped on Tuesday after less-than-stellar U.S. inflation rates hit the wire, which clouded already murky expectations on whether or not the Federal Reserve will decide to taper its USD85 billion in monthly asset purchases...

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Forex - Dollar flat to lower as market preps for Fed policy announcement

Investing.com - The dollar traded flat to lower against most major currencies on Tuesday as investors spent the session digesting not-too-hot, not-too-cold U.S. inflation data ahead of the Federal Reserve's Wednesday statement on monetary policy and...

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U.S. stocks gain on Fed expectations, broader optimism; Dow up 0.82%

Investing.com - U.S. stocks advanced on Monday amid optimism that economic recovery will gain steam in 2014, while expectations that Federal Reserve will keep policy loose even after its eventual decision to taper its USD85 billion in monthly asset purchases.Fed...

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Forex - Dollar softens as data cast doubts over Fed stimulus tapering

Investing.com - The dollar moved largely lower against most major currencies on Monday after hit-or-miss economic indicators released earlier cast doubts on recent expectations for the Federal Reserve to announce plans to taper its USD85 billion in monthly...

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The top films at the North American box office

LOS ANGELES/NEW YORK (Reuters) - Following are the top 10 movies at North American box offices for the three days starting December 13, led by "The Hobbit: The Desolation of Smaug," according to studio estimates compiled by Reuters.1 (*) The Hobbit.............................$...

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Bosnia dog lovers protest over new euthanasia laws

SARAJEVO (Reuters) - Hundreds of dog-lovers protested in Bosnia on Sunday against new legislation allowing for the animals to be put down after complaints the country's large number of strays were biting people and becoming a nuisanceUp to 13,000 strays...

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Textile Conclave 2013

Dec 14, 2013, 05.28 PM IST For modernization and upgradation of exiting units the government introduced the technology upgradation fund scheme. Textile units across various states has immensely benefited under the technology upgradation fund scheme...

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Artha Energy project to build its portfolio to 25MW in 2yrs

Dec 14, 2013, 05.32 PM IST Anirudh Damani is a serial entrepreneur and angel investor. He has been investing since 2008 with the Dallas Angel Network, The Mumbai Angel's, The Indian Angel Network and Venture Nursery. Tags  Anirudh Damani,...

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Crude falls on Fed stimulus tapering expectations

Investing.com - Oil prices slid on Friday amid expectations for the Federal Reserve to announce plans to trim its USD85 billion in monthly asset purchases either next week or early in 2014.Fed bond purchases aim to spur recovery by driving down interest...

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Forex - Dollar gains as market braces for Fed stimulus taper

Investing.com - The dollar was mixed to higher against most major currencies on Friday in a quiet session marked by expectations for the Federal Reserve to announce plans to taper its USD85 billion in monthly asset purchases soon.Wholesale pricing data...

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