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Rupee pares early gains; down 14 paise vs USD

Rupee pares early gains; down 14 paise vs USD

The rupee depreciated from its initial smart gains to quote lower by 14 paise at 66.38 against the US currency in late morning deals on fresh bouts of dollar demand amid volatile equities. The rupee opened higher at 66.16 per dollar against Thursday's closing level of 66.24 at the Interbank Foreign Exchange market. Later, it gained further on sustained bouts of dollar selling from exporters to 66.10 before slipping to quote lower by 66.38 per dollar at 10.35 hours. It moved in a range of 66.10 ..., 6 minutes ago
Rupee snaps 2-day gains vs dollar at close, 15 hours ago

Sheena's father Siddharth Das quizzed

Sheena Bora's biological father Siddharth Das has been quizzed by Mumbai police and his statement recorded in connection with her murder case, police said on Friday. Das reached Khar police station at around 8 pm on Thursday to join the investigation into the sensational crime committed three years ago and left at about 3 am on Friday morning, they said. Police had claimed that Sheena's mother Indrani Mukerjea had "confessed" to her role in the crime. Complete coverage: Sheena Bora murder ...
 Rediff.com8 minutes ago Sheena murder case: Siddhartha Das reaches Khar police station in Mumbai.  Rediff.com15 hours ago Indrani's ex-husband goes missing a day after interrogation  Rediff.com16 hours ago

SC judge recuses himself from hearing case on Rohini Salian

Just in: Supreme Court judge U U Lalit recuses himself from hearing a plea against the removal of Rohini Salian as the prosecutor in the 2008 Malegaon blasts case. The court is hearing a PIL by former bureaucrat-turned-social activist Harsh Mander seeking to bring back Salian as special prosecutor to lead the the CBI's case in Malegaon bomb blast case. Salian was removed from the case for refusing to go "soft" on the accused.The apex court bench headed by Chief Justice HL Dattu directed the ...
 Rediff.com11 minutes ago

Tata Sons moves Supreme Court against tax demand

Tata Sons, the holding company of the $109-billion Tata Group, has moved the Supreme Court against an estimated Rs 300-crore (Rs 3-billion) sales tax demand from the Maharashtra state government. In January, the Bombay High Court had upheld the state’s sales tax department's decision to collect tax from Tata Sons for the royalty it charges from group firms for using the Tata brand name. The High Court had said the company was liable to pay sales tax on brand assignment to group companies ...
 Rediff.com12 minutes ago

Sania, Paes advance in doubles at US Open

IMAGE: Martina Hingis and Sania Mirza. Photograph: Martina Hingis/Twitter India's Leander Paes and Sania Mirza made it to the second round of the US Open with straight sets win in their respective doubles events, in New York, on Thursday night.Leander and his Spanish partner Fernando Verdasco got the better of Germany's Florian Mayer and Frank Moder 6-2, 6-3 in the opening round of the men's doubles competition.It took Paes and Verdasco just 62 minutes to advance as they saved two break ...
 Rediff.com13 minutes ago

12 most OUTRAGEOUS selfies ever taken

What's worse than watching someone take a million selfies? The trend of taking selfies in the most bizarre situations and then showing it all to the world by posting it on the social media has resulted in horrific deaths worldwide. Recently a 19-year-old Houston man died after accidentally shooting himself while taking selfies and holding a gun. He had found a gun and was taking pictures of himself and another person while holding the gun, and posting them online, when the gun accidentally ...
 Rediff.com23 minutes ago Selfies: too many dying to get the picture  Gulf News11 hours ago

PHOTOS: Murray's great escape in New York heat

IMAGE: Andy Murray reacts during his second round match. Photograph: Clive Brunskill/Getty Images Andy Murray made another of his trademark stirring fightbacks as the third-seeded Scot powered past Frenchman Adrian Mannarino after dropping the first two sets of their second round encounter at a sweltering US Open in New York, on Thursday. - PHOTOS: Federer storms into Round 3, hopes this is 'not my last' US OpenMurray, who looked befuddled early on, recovered to beat the left-hander 5-7, 4-6, ...
 Rediff.com31 minutes ago Hewitt bids New York farewell in familiar fighting fashion  Rediff.com1 hour ago PHOTOS: Federer storms into Round 3, hopes this is 'not my last' US Open  Rediff.com2 hours ago

My father, the Param Vir Chakra Hero

In spite of being wounded in battle, Lieutenant Colonel A B Tarapore fought for six days before meeting a hero's death on the battlefield in the 1965 war. A legend in the Indian Army, he is the highest ranking officer to be awarded the Param Vir Chakra. His daughter Zarine M Boyce, who was 16 when her father died, remembers an extraordinary soldier and a father she lost too soon. Archana Masih/ met the hero's daughter at her Pune home.   "I remember so well the night they got ...
 Rediff.com32 minutes ago

Pressure mounts on Rajan to cut rates; Will he relent?

Industry veteran DK Pant, chief economist at India Ratings, has described Rajan as ‘a person with a vision’ As Governor Raghuram Rajan, known for his hawkish approach to inflation, completes tumultuous two years at RBI today, calls for rate cuts have become shriller with the Finance Ministry raising alarm bells over a possible deflation demon gobbling up the economy. Raghuram Govind Rajan took charge as the 23rd Governor of RBI on September 4, 2013 for a three-year term, amid a ...
 Rediff.com42 minutes ago

Will Padmasree Warrior win the race to be Twitter CEO?

Padmasree Warrior had quit as chief technology officer at Cisco. After IT giants Microsoft and Google, will Twitter appoint an Indian at its helm? According to a Bloomberg report, Twitter has been in talks with India-born Padmasree Warrior among others. Padmasree Warrior was ranked as one of four rising stars on Fortune magazine's Most Powerful Women list. Warrior who left India with just $100 and a one-way ticket, believes a leader has to have ‘a vision of where we want to go and take ...
 Rediff.com44 minutes ago
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