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IPO flows may force RBI to intervene in forex

The Reserve Bank of India is reluctant to intervene in currency markets but may be forced to in coming weeks as foreign investors pour in billions of dollars to buy shares in the country's largest eve

Sea Soldiers

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Filipino and US troops conduct a joint boat raid exercise at the Marine headquarters in Ternate, Cavite City, south of Manila, on Monday. PHOTO: Reuters

Germany warns of a trade war

Beijing, Oct. 12: The German economy minister, Mr Rainer Bruederle, cautioned on Tuesday that a global trade war was brewing, amid wide differences between key trading nations on currency policy.

“Th

Asia to resist capital inflows

Bangkok/Beijing, Oct. 12: Thailand has slapped a tax on foreign investment in government debt on Tuesday, Japan said it could intervene anew to weaken the yen and China again talked down the prospects

Zuckerberg takes staff to see film

Los Angeles, Oct. 8: Mr Mark Zuckerberg ended up seeing The Social Network after all. The Facebook co-founder and CEO took his staff to a screening, a company spokesperson confirmed to The Hollywood

Peace Nobel for ‘rebel’ Liu

Oslo, Oct. 8: Jailed Chinese pro-democracy activist Liu Xiaobo won the Nobel Peace Prize on Friday for decades of non-violent struggle for human rights, infuriating China, which called the award “an o

Peace Nobel for jailed dissident angers China

Jailed Chinese pro-democracy activist Liu Xiaobo won the Nobel Peace Prize on Friday for decades of non-violent struggle for human rights, infuriating China, which called the award “an obscenity”.

Zuckerberg takes staff to see Social Network

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Mark Zuckerberg ended up seeing The Social Network after all. The Facebook co-founder and CEO took his staff to a screening, a company spokesperson confirmed to the Hollywood Reporter.

Netanyahu suggests twist to loyalty oath

Oct. 7: Prime Minister Benjamin Netanyahu will push for legislation to require those who want to become Israeli citizens to pledge loyalty to the “nation-state of the Jewish people,” an Israeli offici

Latin writer Vargas Llosa gets Nobel for literature

Oct. 7: Peruvian-born writer and one-time presidential candidate Mario Vargas Llosa, a chronicler of the struggle against authority in Latin America, won the 2010 Nobel prize for literature on Thursda

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.