‘Emotional view of Indians towards gold needs to change’

‘Emotional view of Indians towards gold needs to change’

With two-thirds of India’s gold held in rural areas, efforts to curb its imports with schemes to monetise holdings or convert them into paper bonds won’t have much sheen till the mindset towards physical possession of the precious metal is changed, experts maintain. Their comments come against the backdrop of two schemes proposed by Finance […]

Former Tamil Nadu minister S.S. Krishnamoorthy arrested

Former Tamil Nadu minister S.S. Krishnamoorthy arrested

Tamil Nadu Police have arrested AIADMK leader and former agriculture minister “Agri” S.S. Krishnamoorthy in connection with the suicide of S. Muthukumarasamy, an engineer in the agricultural department, last month. According to police, Krishnamoorthy, who was arrested on Saturday night, was summoned for questioning about the case and was later arrested. The police have also […]

Odisha has around 60 tigers: Official

Odisha has around 60 tigers: Official

The Odisha government on Saturday claimed that the state has around 60 tigers and rubbished the tiger census figures prepared by the National Tiger Conservation Authority (NTCA). The All India Tiger Estimation Report, 2014 released in January this year reported a fall in Odisha’s big cat population to 28 from 32 in 2010 and 45 […]

Saina loses to Xuerui in Malaysia Open semis

Saina loses to Xuerui in Malaysia Open semis

World No.1 shuttler Saina Nehwal went down 21-13, 17-21, 20-22 in her women’s singles semifinal to reigning Olympic champion Li Xuerui at the $500,000 Malaysia Open Superseries Premier here on Saturday. The Chinese beat the third seeded Indian in a marathon match that lasted an hour and eight minutes with the top seed prevailing at […]

Now, Kolhapur Fabindia staffer held for filming woman

Now, Kolhapur Fabindia staffer held for filming woman

Spelling further trouble for Fabindia Overseas Pvt. Ltd, a staffer at its Kolhapur outlet was arrested for secretly filming a woman customer on his cellphone, police said here on Saturday. Despite repeated attempts by IANS, Fabindia officials refused to comment on the matter on Saturday. The incident occurred on March 31 at the Tarabai Park […]

Two Indian Americans charged with $1.1 mn fraud

Two Indian Americans charged with $1.1 mn fraud

Two Indian American long-time friends have been charged with making over $1.1 million in illegal profits from insider trading on news of a proposed acquisition of Cooper Tire and Rubber Company by India-based Apollo Tyres Ltd. In a complaint filed in a US district court in Connecticut on Thursday, US market regulator charged Massachusetts private […]

Indian-origin man jailed for 46 years for sexual crimes

Indian-origin man jailed for 46 years for sexual crimes

An Indian-origin man in New Jersey in the US received a 46-year jail term for crimes against five women in 2012, authorities said. Hiten Patel, 36, was convicted in February of 22 criminal charges, including multiple counts of aggravated sexual assault and attempted sexual assault in Atlantic City, said the Atlantic County Prosecutor’s Office, according […]