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United States
FED POISED TO TRIM BOND BUYING, REWRITE RATES GUIDANCE
WASHINGTON (TIP): The Federal Reserve is set to trim its bond-buying stimulus for a third time in a row on Wednesday, and will probably rewrite its guidance on when it might eventually raise interest rates. […]
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MAHA SHIVRATRI: THE NIGHT OF SHIVA
Maha Shivratri, the night of the worship of Lord Shiva, occurs on the 14th night of the new moon during the dark half of the month of Phalguna. It falls on a moonless February night, […]
United States
COLD WEATHER SINKS US HOME BUILDING IN JANUARY
WASHINGTON (TIP): US housing starts recorded their biggest drop in almost three years in January as harsh weather disrupted activity, but the third month of declines in permits hinted at some weakness in the housing […]
United States
West Texas mom gets 30 years in daughter’s death
ABILENE, TX (TIP): Tiffany Klapheke was sentenced to 30 years in prison Thursday, February 13 for the starvation death of her 22-month-old daughter, who was found dead in her crib inside a squalid home while […]
Business & Economics
$20BN INFLOWS HELP VOLATILE MARKETS
MUMBAI (TIP): Boosted by a $20-billion foreign fund inflow and strong gains in exporters like software and pharma sectors, which benefited from a weak rupee, the sensex closed nearly 9% up in 2013, ending a […]
United States
The Dallas-Fort Worth economy has outperformed the Texas economy so far this year: Dallas Fed
DALLAS (TIP): The North Texas economy has grown at “moderately strong pace” this year through October and is outperforming the state, according to a new report from the Federal Reserve Bank of Dallas. The Dallas-Fort […]
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United States
US private sector adds 176,000 jobs, jobless claims fall
NEW YORK/WASHINGTON (TIP): US private employers added 176,000 jobs in August and new claims for jobless benefits fell last week, which could bolster expectations the US Federal Reserve will begin winding down a bondbuying stimulus […]
Featured
Business & Economics
G20 Seeks To Chart Recovery Course Amid Choppy Markets
MOSCOW (TIP): The world’s economic crisis response team will grapple with the prospect of more market volatility as finance ministers and central bankers gather in Moscow to chart a course towards recovery. The Group of […]
Business & Economics
MOVIE REVIEW – BHAAG MILKHA BHAAG
Cast: Farhan Akhtar, Sonam Kapoor, Divya Dutta, Prakash Raj, Pavan Malhotra, Yograj Singh, Rebecca Breeds Direction: Rakeysh Omprakash Mehra Genre: Biopic Duration: 3 hours 8 minutes STORY: A film inspired by the legendary Indian athlete, […]
Europe
Women Challenge Men In Pakistan’s First Female Jirga
AKHUN BABA (TIP): When 16-year-old Tahira was murdered in a horrific acid attack last year, her poverty-stricken parents got no justice. Pakistan officials slammed the door on their faces and the police refused to listen. […]
United States
Stocks, Real Estate Boost US Household Wealth
WASHINGTON (TIP): America as a whole has regained all the household wealth it lost to the Great Recession and then some, thanks to higher stock and home prices. The average household still has a long […]
India
DOGS, TREES AND CHAIRS HAVE AADHAAR CARDS
BANGALORE (TIP): In hilarious slip-ups in the Aadhaar card enrolment process, some cards have ended up with pictures of an empty chair, a tree or a dog instead of the actual applicants. Asked about the […]
Europe
Maoists used 27-30 kg of explosives during Chhattisgarh attack: reports
NEW DELHI (TIP): Maoists had used 27-30 kg of explosives during the recent attack on the Congress convoy in Chhattisgarh, according to media reports. Reportedly, the initial forensic report revealed that Naxals used commonly found […]
Business & Economics
Transition in Afghanistan: A War of Perceptions
Abstract: A decade after the military intervention that dislodged the Taliban-Al Qaeda combine, peace and stability continues to elude Afghanistan. There is still no consensus in Western capitals on what constitutes the ‘end-state’ in Afghanistan. […]
Business & Economics
United States
Fed Slaps Goldman, J.P. Morgan Over Dividends, Buybacks
NEW YORK (TIP): Nearly all of the nation’s largest banks won permission to return cash to shareholders Thursday, March 14 but the Federal Reserve imposed conditions on Goldman Sachs and JPMorgan Chase’s plans to raise […]
Europe
Bo goes on fast, refuses to help in investigation
BEIJING (TIP): Disgraced former senior Chineseleader Bo Xilai is refusing to cooperate with agovernment investigation into him and has stagedhunger strikes in protest and at one point was treated inhospital, sources with knowledge of the […]
Featured
Pakistan’s Crisis Could End In A Military Coup
ISLAMABAD (TIP): Experts are not ruling out the possibility of a military takeover in Pakistan after the country’s top court ordered the arrest of the PM. Antigovernment protesters continue with their sit-in outside parliament. An […]
Business & Economics
SENSEX, RUPEE SURGE ON DIESEL PRICE HIKE
MUMBAI (TIP): The Sensex rose more than 2 percent to new seven-month highs on Sept 14 after the government announced a hike in diesel prices and after the Federal Reserve announced a new asset purchase […]
Business & Economics
INDIA FUMES OVER STEEP DIESEL PRICE HIKE
PATNA /HYDERABAD/AMRITSAR (TIP): People across the country have expressed outrage following the central government’s decision to hike diesel price by five rupees per litre, and restricted sales of subsidized cooking fuel or Liquefied Petroleum Gas […]