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Islamic State opens bank, moves towards statehood

Any attempt to defang Islamic State must first cut off its main sources of funding, says Sandhya Jain. In a bid to legitimise its existence as a new State carved out of vast swathes of territories......

Kerry leaves for India to attend annual strategic dialogue

United States Secretary of State John Kerry, heading a high-powered delegation of his cabinet colleagues and top military commanders, on Friday left for India as part of his 10-day seven nation......

Beware of e-mails promising money

Next time you are informed on your e-mail or phone about hitting a jackpot in an African country, either despatch it to the recycle bin or just don't read it at all. Delhi Police has warned against......

Chetan Bhagat: I could be working in a call centre

Chetan Bhagat comes across as the kind of guy you wouldn't mind hanging out with. He seems easy-going, responds to questions in a down-to-earth manner, and isn't afraid of being honest when it......

S Africa's FirstRand eyes Indian banking sector

South African banking group FirstRand is firming up plans to make a foray into India once a framework for opening up the banking sector to new entrants is put in place, according to a media......

Sensex gains 237 points at close

The markets ended higher on the first day on broad based buying. IT stocks were the ones leading the uptrend followed by banking, FMCG and auto.The Sensex closed up 236.60 points or 1.76% at......

S African banks plan Indian arms

FirstRand Bank and Standard Bank, two leading South African banks, are planning to set up shop in India. Confirming this, XP Guma, deputy governor, South African Reserve Bank, said FirstRand Bank......

Factors that will decide the fate of rupee this month

The Rupee's fall is expected on concerns that the US Fed might give a hawkish guidance. The rupee, which has already breached the 64-mark this month, may weaken further a month down the line, as......

Sensex in bearish mode; realty, metals shine

The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.. Markets ended lower for the second straight session weighed down by Oil & Gas......

World Cup Sid: Colours of the Rainbow Nation

World Cup Sid, Rediff.com's man in South Africa shares his experiences in the Rainbow Nation... Perhaps a delay in writing this has tempered down the incredulousness with which I lived the......

Teams return to infamous Test venue

Centurion Park, venue of the final Test between South Africa and England starting on Friday, was an implausible backdrop for a corruption scandal which threatened to rip international cricket......
  Web results for First Rand Bank
Amid volatility, equities remain best asset class

As far as investing is concerned, though the markets have been very volatile, equity seems to be the best alternative at this time.... ...

http://www.dnaindia.com/money/report-despite-volatility-equities-best-asset-class-to-invest-in-now-2110493
GLOBAL MARKETS WEEKAHEAD-Commodities, currencies and China in the limelight

NEW YORK Aug 2 Commodities and currencies may continue to be in the spotlight for investors this week, as prospects for a Federal Reserve interest... ...

http://in.reuters.com/article/2015/08/03/markets-global-weekahead-idINL1N10D0LB20150803
Forex reserves dip $1.8 billion in July on valuation changes

KOLKATA: The crash in gold price and euro's depreciation of euro against dollar make India's foreign exchange reserves poorer by about $1.8 billion... ...

http://economictimes.indiatimes.com/news/economy/finance/forex-reserves-dip-1-8-billion-in-july-on-valuation-changes/articleshow/48297859.cms
Commodities set for worst month since 2011 as copper to oil drop

Copper for delivery in three months fell to a six-year low of $5,164 a tonne this week on the London Metal Exchange as stockpiles tracked by the... ...

http://www.livemint.com/Money/DAMmtucIntpa4I5n5HCq0J/Commodities-set-for-worst-month-since-2011-as-copper-to-oil.html#nav=latest_news
Siemens exceeds expectations despite China weakness

Pic Courtesy: - Frankfurt: German trains-to-turbines group Siemens beat expectations for its third-quarter results and stuck to its full-year... ...

http://zeenews.india.com/business/news/international/siemens-exceeds-expectations-despite-china-weakness_132620.html

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