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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......

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......

Rupee hurt by month-end dollar demand

The Indian rupee weakened on Tuesday on the back of month-end dollar demand from importers and a fall in domestic shares, but bonds gained, tracking a fall in global crude oil prices in a session......

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
How an off-the-cuff remark shaped Jeb Bush's economic vision for US

There were no fancy economic models or forecasts when former Florida Governor Jeb Bush first tossed out the idea that 4 percent annual growth... ...

http://www.netindia123.com/netindia/showdetails.asp?id=2598535&n_date=20150522&cat=India
Siemens launches $7.75 billion acquisition bond

NEW YORK; German industrial group Siemens has launched a US$7.75bn six-part bond, which is expected to finance the acquisition of US oilfield... ...

http://economictimes.indiatimes.com/news/international/business/siemens-launches-7-75-billion-acquisition-bond/articleshow/47336265.cms
10-Year Benchmark Government Bond Rises on Rate Cut Hope

Mumbai : The 10-year benchmark government security rose 31 paise today on the hope that Reserve Bank may reduce repo rate in the coming June policy... ...

http://profit.ndtv.com/news/bonds/article-10-year-benchmark-government-bond-rises-on-rate-cut-hope-764125
Dollar bounce tempers currency gains; rouble outperforms

The Russian rouble rose almost 1 per cent on Monday, shrugging off the central bank's efforts to curb its rise, although a bounce in the dollar... ...

http://www.thehindubusinessline.com/markets/forex/dollar-bounce-tempers-currency-gains-rouble-outperforms/article7219531.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Bonds gain on speculation RBI will lower rates

The yield on the 8.4% notes due July 2024 fell five basis points to 7.90%, prices from the RBI's trading system show. It is headed for its lowest... ...

http://www.livemint.com/Money/H4VbmFfFwhlehSz3ywI8YN/Bonds-gain-on-speculation-RBI-will-lower-rates.html#nav=latest_news

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