Friday, February 5, 2010

FOREX-U.S. dollar, yen gain on Europe debt woes

* Euro tumbles on Portugal, wider euro zone debt worries Currencies * Euro hits 8-1/2 mth low vs dollar * Yen soars to near one-year highs vs euro * US payrolls slip, but jobless rate falls, helping dollar (Updates, prices, adds comment) By Gertrude Chavez-Dreyfuss NEW YORK, Feb 5 (Reuters) - The U.S. dollar and yen gained on Friday as persistent worries about the euro zone's fiscal stability pushed investors further away from risky assets and sent the euro to an 8-1/2 month low against...
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Toyota Recall, Obama Budget: Week in Review

Feb. 5 (Bloomberg) -- Toyota Motor Corp.’s recalls of vehicles that may cause sudden acceleration and President Barack Obama’s proposed $3.8 trillion budget lead a review of the week’s stories on Bloomberg.com. Click here for a special report on Toyota’s recall crisis. The world’s largest automaker has lost almost $34 billion in market value after recalls approached 8 million vehicles worldwide. Select the VIDEO tab above for coverage and analysis on Bloomberg Television. ...
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Mayank Shekhar's Review: Striker

Set in the 1980s in Malvani, a claustrophobic ghetto of suburban Mumbai, Striker, directed by Chandan Arora is a gritty slice-of-life movie that never achieves its full potential. Remarkably shot and competently performed, the film is let down by a confused script that can't decide what point to make.Rang De Basanti's Siddharth stars as Surya, a poor boy who aspires for a better life than the one he's currently living in a dingy shack that he shares with five members of his family. When his efforts...
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Buyer interest in Prius grows. Say what?

NEW YORK (CNNMoney.com) -- By now, you've heard that some 2010 Toyota Priuses have a braking problem blamed for several crashes. That sounds scary, but to some it sounds like a deal.A recent analysis of online car shopping shows that more people are seriously looking at a Toyota Prius than before the problematic brake news was uncovered."When a car or automaker receives bad press, people sense an opportunity to pick up a bargain," noted Edmunds.com CEO Jeremy Anwyl. "We saw the same reaction from...
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BSNL to start wimax service in NCR this month

BSNL and MTNL will set-up 10 new exchanges by the end of this financial year in the Noida and Greater NoidaNOIDA, INDIA: Bharat Sanchar Nigam Limited (BSNL) is all set to start its wimax service in the NCR this month and to begin with the service would be launched from Dhakor of Greater Noida, in Uttar Pradesh."BSNL will start wimax service in Dhankor by the end of this month. This would enable the subscribers to access high speed Internet access in the range of 15 kilometers from wimax tower,"...
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DEEPIKA CALLING DEEPIKA

She has sacrificed her long, lustrous shampoo-ad locks for her new film Karthik Calling Karthik, releasing later this month. And it looks fab! Deepika Padukone tells t2 what it took to convince her to go under the scissors, how her character in the film is not like her at all and what it was like working with Farhan Akhtar.What was your first reaction on learning that you needed to cut your hair for Karthik Calling Karthik?Initially, I was nervous. I wasn’t very sure whether I wanted to cut my hair...
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Abhishek speaks on his 34th birthday

Abhishek who turns 34 on today doesn't feel his age at all. "Am I really 34? I feel I'm 23. That's the age that I came into movies. I feel the same anxiety and excitement facing the camera this birthday for Abhinay Deo's film as I did for J.P Dutta saab on my 23rd birthday." The year begins with the shooting of Abhinay Deo's film and ends with Prabhu Deva's film, a first for Abhishek since it would be his first full-fledged action flick.Buzz up!"I've done action films like Zameen, Dhoom and Run....
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Pawar under fire at CWC meeting

Pawar under fire at CWC meeting : NEW DELHI: The Congress Working Committee, which met in New Delhi on Friday to deliberate price rise, saw a sharp attack on NCP chief andAgriculture Minister Sharad Pawar for failing to reign in the cost of essential items.The development puts the government in a vulnerable position as it has given the Opposition an opportunity to attack the Centre at Saturday’s chief minister’s conference on the same issue. Blaming Mr Pawar for rising costs of essential items such...
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India crashes out

India tasted its first setback of the 11th South Asian Games here on Friday. First the Indian football team bowed out in the semifinals losing to host Bangladesh 0-1 and later the men’s basketball team was beaten by Afghanistan in a rousing final 65-64.At the end of the eighth day, India’s medal tally stood at 40 gold, 17 silver and 10 bronze medals. India earned eight gold, three silver and a bronze on Friday.After stunning defending champion Pakistan 5-1 in the final group league match at Chittagong to qualify for the last four stage India’s elimination was an anti-climax. India will play for...
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Indian teams win badminton gold

Indian men and women bagged the team gold in badminton in the 11th South Asian Games at the Wooden Floor Gymnasium here on Monday.With National champion Chetan Anand and Trupti Murgunde lending their experience to the side, their youthful teammates finished off both the finals against Sri Lanka in straight games.The results: Men’s team final: India bt Sri Lanka 3-0 (Chetan Anand bt Niluka Karunaratne 21-12, 21-18; R.M.V. Gurusaidutt bt Dinuka Karunaratne 21-8, 21-18; Aditya Raviprakash bt Nuwan...
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Acer Liquid phone overview

Acer Liquid lands in India :Acer Liquid is first android based mobile phone from Acer in India. Acer Liquid comes with interesting features notably 5 mega pixel camera with auto focus, video viewing resolution 640x480 pixel, battery with talk time of 5 hours. The new Acer Liquid is priced at Rs. 24,990 for Indian consumers.Acer Liquid phone provides global roaming. The browser in Acer Liquid is Google Chrome. It is android 1.6 powered which can be increased to android 2. Acer Liquid was launched...
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Terry stripped of England captaincy

John Terry was stripped of the England captaincy by coach Fabio Capello following a media storm over his private life, and will be replaced by Rio Ferdinand.Capello told Terry of the decision in a brief meeting at Wembley Stadium, a week after the married Chelsea defender lost a High Court battle to ban publication of details of an alleged relationship with England teammate Wayne Bridge’s former girlfriend.“After much thought, I have made the decision that it will be best for me to take the captaincy...
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JuD vows to take Kashmir by force

Organises public meeting in Islamabad, rally in Lahore :This is the first time after 26/11 attack JuD has come out openlyA string of JuD speakers praise jihadISLAMABAD: A day after Islamabad said it was seeking a clarification from New Delhi on the agenda for the proposed Foreign Secretary-level talks, the Jamat-ud-Dawah, front organisation of the Lashkar-e-Taiba, the group blamed for the Mumbai attacks, held a public meeting here vowing to seize Kashmir by force and threatening “rivers of blood”...
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Cong leadership keeps arm length from Pak talks

NEW DELHI: The government may have decided that it was time it went back to the negotiating table with Pakistan but Congress leadership seems to be keeping a safe distance of the exercise. The Congress Working Committee, which met here on Friday, refrained from discussing the initiative which is seen as the first step towards resumption of composite dialogue stalled in the wake of 26/11 attack on Mumbai.Always a politically fraught issue, ties with Pakistan have become even more sensitive because...
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India face Laxman injury concern for South Africa Test

First Test: India v South AfricaVenue: Vidarbha Cricket Association Ground, Nagpur Date: 6-10 February Start time: 0400 GMTIndia could be without batsman VVS Laxman for the first Test match against South Africa in Nagpur on Saturday.The hosts are without the experience of Rahul Dravid and Yuvraj Singh because of injuries, while Laxman has yet to recover from a finger problem.Subramaniam Badrinath looks poised to start alongside Murali Vijay for the world's number one ranked side.South Africa, with...
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Yusuf fights back for West

South Zone's grip over the Duleep Trophy final loosened somewhat as the Pathan brothers - Yusuf and Irfan - led West's challenge in a match that has swung one way and the other. The fall of Irfan's wicket late on the fourth day meant that South would fancy their chances of picking up the four wickets and sealing victory at some point on the final day.When the penultimate day began West were 50 for no loss chasing an unlikely 536 for victory. Nuggety left-handed opener Chirag Pathak, whose style...
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Ex-MLA could face minimum 3 yrs in jail for giving shelter to IM terrorist

NEW DELHI: Indian Mujahideen terrorist Shahzad Alam's startling disclosure that he was sheltered by a former Delhi MLA after fleeing from the Batla House encounter scene in September 2008 could make the ex-legislator face a minimum sentence of thre years under the Unlawful Activities Prevention Act (UAPA).For the IM terrorist had allegedly told the Delhi police that he was provided shelter and financial help by a former Delhi MLA after he escaped from the Batla House shootout on September 19, 2008,...
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Navy for partnership in Indian Ocean region

Chief of Naval Staff Admiral Nirmal Verma on Friday said the Navy preferred to work together with other navies in the Indian Ocean region rather than assume leadership as envisaged by the U.S.“We are talking about coming together on a constructive level… and [Indian Navy] not coming in as a headmaster,” Admiral Verma said on the sidelines of a seminar organised as part of the multi-lateral “Milan” exercise, in which 13 countries are participating here.He was responding to a question on how the country...
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11 buried alive in building collapse

HYDERABAD: Ten labourers and a two-year-old boy were buried alive under the debris after a five-floor building under construction collapsed here on the bustling Narayanguda main road on Friday. Among the victims were four women.Police, fire-service personnel and locals managed to rescue two labourers trapped under the debris using poclains and cranes, but the thousands of people thronging the area delayed rescue operations. Nearly 15 labourers were working on the fifth floor when the building caved...
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Shiv Sena threat casts shadow over 'My Name is Khan'

MUMBAI: Bollywood is jittery over the fate of "My Name Is Khan", one of its biggest films of the year, with lead actor Shah Rukh Khan facing theire of the Shiv Sena.The hardline Hindu group has threatened to disrupt Mumbai screenings of the film, which releases Feb. 12, if Khan does not apologise for backing the participation of Pakistani cricketers in the Indian Premier League.Khan, who is on a promotional tour in New York and London, has said he stood by his statement even though Shiv Sena chief Bal Thackeray has warned that "My Name Is Khan" would not be allowed to run in Mumbai."It is very...
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Cong gears up to join battle with the Thackerays

NEW DELHI: Congress is likely to round off its 125th foundation anniversary with a plenary session in Mumbai.The indication came as the party expressed serious concern over the Thackerays' call of `Mumbai for Marathis', reiterating that Maharashtra and the rest of the country shared not just "geographical" but an "emotional bond".The Shiv Sena pitch on "outsiders" stayed unchallenged for two years despite a 10-year-old Congress regime in Mumbai. But a mention of the controversy in Congress Working Committee on Friday suggested that the party may be gearing up to tackle Sena far more seriously...
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