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India cash: Images of Modi's mother at bank hit headlines

According to sources, the Prime Minister who was chairing the BJP Parliamentary Party executive meeting, told the attendees to not buckle under the opposition's pressure and go ahead with the Centre's policy. Others will continue to be restricted at Rs 2,000 a day. Characterizing government intention to fight fake currency as without basis, the statement says , "As per the Indian Statistical Institute, Kolkata, study, done on behalf of the National Investigation Agency (NIA), Rs 400 crore ...

Business

Blocked roads, closed ATMs greet cash-strapped crowds

I was in urgent need of money to purchase daily essentials, ” said Dibakar Das, after exchanging the old notes at the Standard Chartered Bank branch at Ambari. Many banks, however, ran short of the smaller notes by mid-afternoon. As you see, there is a long queue inside and outside various banks and post offices.

Business

Oklahoma quake damages buildings

Geologists say a 3.7 magnitude quake was recorded shortly before 4:40 a.m. about eight miles east-southeast of Pawnee. Pawnee is 25 miles north of Cushing. CUSHING, Okla . (AP) - A magnitude 5.0 quake centered near one of the world's key oil hubs brought down building facades and shattered windows in a central Oklahoma city, rendering century-old buildings unsafe and raising concerns about key infrastructure.

Business

Elon Musk's Tesla and Solar City Will Officially Merge

More than 85 percent of Tesla shareholders voted in favor of the purchase. "The transaction will be completed in the coming days", Tesla said. "We would like to thank our shareholders for continuing to support our vision for the future", Tesla said in a press statement .

Business

EOG Resources Inc. (EOG) Upgraded at Credit Agricole SA

The consensus target price is $86.53 with 8 firms rating the stock a strong buy, 12 firms rating the stock a buy, 20 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell. The dividend release date is 2016-10-31 while ex-dividend date is 2016-10-13. EOG Resources's dividend payout ratio (DPR) is presently -29.65%. The shares were sold at an average price of $92.86, for a total transaction of $1,539,711.66.

Business

OPEC moves closer to oil output deal as Iran gets new offer

Reaching their highs in October, crude prices have since been retreated over doubts regarding the OPEC's ability to implement a deal in the upcoming meeting in Algeria. Coordinating across all 14 members, however, could present obstacles and a report Wednesday from Bloomberg News said Iran and Iraq won't be sending top-level ministers to the next round of talks in Doha.

Business

Abercrombie off the mark in 3Q as turnaround efforts sputter

Sales at established Abercrombie stores fell 14 percent in the most recent quarter, and the company said it expects the brand to remain "challenging" throughout the rest of the year. Comparable sales at teen-specialty Hollister stores, which the company has been remodeling, were flat, compared with a 1.9 percent drop expected by analysts.

Business

President Obama Still Thinks Donald Trump is 'Unqualified' to Be President

Earnest said during the visit to Trump's future home, the two moms discussed raising children in the White House . "We are going to lower taxes, as you know", Trump said. Walters said, "For many the White House is a step up". Trump is wild at the mouth, hot headed, has no political experience and has no regard for what others think.

Business

Staples quarterly earnings meet expectations, but sales miss Wall Street's target

Many analysts are providing their Estimated Earnings analysis for Staples, Inc . and for the current quarter 11 analysts have projected that the stock could give an Average Earnings estimate of $0.34/share. The stock has fallen 29 percent in the last 12 months. (NASDAQ: SPLS ) can report EPS for the quarter of $0.34. Although a year-over-year loss, the company saw huge month-over-month results considering that last quarter the company experienced $766 million in losses.

Business

The Trump pledge: No lobbying for five years

According to POLITICO it " Sent a chill through K street ". Not being allowed to lobby the executive branch for five years would hurt their future earning potential as paid advocates. Other presidents have tried to crack down on K Street with limited success. In other situations, the officials were simply to recuse themselves from the specific issues on which they lobbied.

Business

3 things noticeably absent from Obama and Trump's first meeting

The leaders delivered a message of unity. Seated next to Mr Obama after their talks, Mr Trump told reporters: "We really discussed a lot of situations, some wonderful, some difficulties". "He said Obama explained "some of the great things that have been achieved", but did not elaborate". "I very much look forward to dealing with the president in the future, including [his] counsel".

Business

Nasscom pegs IT export growth forecast at 8-10%

The short-term political and economic uncertainties are expected to last for two quarters or so, but pervasive technology trends like increase in digital spends, smaller deal sizes and move towards partnership arrangements in contracts will be visible over a larger period, he said.

Business

Frontier Communications Corporation (NASDAQ:FTR) , EarthLink Holdings Corp. (NASDAQ:ELNK)

The company has a market cap of $4B and now has 1.19B shares outstanding. The company has a 50 day moving average of $3.85 and a 200-day moving average of $4.64. The 1 number of analyst/s have SELL recommendation for current month on FTR. The mean price target is calculated keeping in view the consensus of 21 brokerage firms.

Business

Harris Associates L P Lowers stake in Oracle Corporation (ORCL)

Rosenblatt analysts provided their view on Oracle Corporation (NYSE:ORCL) recently. Analyst's mean target price for Coty Inc. The forecast of 20 surveyed investment analysts covering the stock advises investors to Buy stake in the company.

Business

Barack Obama's climate change targets won't be reversed, says John Kerry

Later on in the afternoon, Marc Morano, an activist who doesn't believe the science of climate change, shredded a copy of the Paris Agreement outside the press tent while wearing a red Trump hat. And they implored the future president - who has called climate change a hoax -to keep the current low-carbon policies championed by President Obama.

Business

CM Pinarayi, ministers to stage dharna today opposing demonetisation

It is because of this, the state government was trying to obstruct the functioning of RBI tomorrow, he said. These banks together hold about Rs 1,70,000 lakh crore in deposits, with nearly half of these deposits owned by the primary cooperative banks.

Business

VW cuts 30000 jobs to push into electric cars

Volkswagen has said it aims to cut nonessential costs and investments and shift investment toward battery-powered cars and services such as car-sharing and ride-sharing. Volkswagen has been negotiating the deal with its unions since June and will announce the cuts today at a press conference. It also said some 10,000 jobs would be axed outside of Germany, mainly in North and South America.

Business

Holiday Shoppers Are Mobile, Online and In-Store

So, you're sure to knock out a few people on your list (plus, give the most awesome gifts) when you shop at Amazon this month. So while you should always go for the flawless deal when you spot it, don't worry too much if you don't see the TV deal you're looking for on Thanksgiving or Black Friday; if those doorbuster deals sell out before you can grab them, Cyber Monday will have great discounts as well.

Business

India 415/7 at lunch after Virat Kohli misses rare record

In form top order batsman Joe Root was the highest scorer for England so far, scoring 53 runs, while Jonny Bairstow and Ben Stokes are now in charge of the English innings, as they would be making sure on day 3, that England cruse comfortably towards first innings total, set by India , while the Indian spinner are getting enough turn to trouble the English batsmen.

Business

South Korea Approves Missile System Deployment Against North Korea

If a USA administration of Donald Trump withdraws troops and equipment from South Korea and secures a peace treaty ending war on the peninsula, it could lead to normalizing relations with North Korea , a Pyongyang envoy told Reuters on Thursday.

Business

Western Australia records highest unemployment rate in the country

Annual growth in jobs is strongest in Victoria, up 3.7 per cent from a year ago, and NSW and South Australia, where it's running at 1 per cent and 1.2 per cent respectively. The 8,400 people working part-time as of last month were more than offset by the 9,500 people who stopped working full-time. According to the ABS, employment fell by 9,800 in September, well below forecasts for an increase of 15,000.

Business

Indian banks in China not to accept scrapped bank notes

Rajiv Rishi, the chairman of the association, confirmed that banks will not be doing any exchange on Saturday, but said senior citizens will not be turned away. No exchange will take place tomorrow for the other citizens. They are just giving a chance to senior citizens because they are finding it more hard to visit banks amidst of this long wait before the banks.

Business

Only a surprise will halt December rate hike: US Fed policymaker

Involuntary part-time employment, she noted, remains elevated. This rhetoric suggests the bar to a fast pace of Fed tightening during 2017 will be relatively high, but the comments also mean that a December hike is certain unless there is a major dislocation before the meeting.

Business

Canada's Trudeau pledges to work with Trump

The United States, like all nations, will need allies and there is no question that the Canada-United States relationship has been one of the strongest and most successful in the world. Anxiety over a Donald Trump presidency is driving some Americans to seek escape in far-flung places such as New Zealand and Australia. "That will give us leverage with Washington".

Business

Mexican Leader Hopes for 'Beneficial' Bilateral Cooperation With US Under Trump

In the wake of Donald Trump being elected President of the United States, Mexico's President Enrique Peña Nieto stressed that the relationship with the U.S. "If the Americans want to talk about Nafta, I'm more than happy to talk about it", he said. Pena Nieto was heavily criticised for receiving Trump in Mexico during the campaign, after the Republican candidate called Mexican immigrants rapists.

Business

Abercrombie share price tumbles after disappointing Q3 results

Instead we believe the current merchandise is failing to resonate with consumers particularly at A&F, and the new marketing campaign is not driving traffic. Abercrombie also said it would close its A&F flagship store in Seoul in January and would take a $16 million charge in the fourth quarter from lease termination of its flagship store in Hong Kong.

Business

United Kingdom concerned over Israel's land regulation bill

Quoted in the Times of Israel , Jewish Home MK Shuli Moalem-Refaeli said that "the Jewish Home could also not keep to its coalition agreements and not vote for the budget". All three versions of the measure were sponsored by the Jewish Home party in an effort to save the West Bank outpost of Amona, which Israel's Supreme Court has determined was built on private Palestinian property and ordered demolished by December 25.

Business

Why Trump Voters Should Love the TPP

Mohamed said the Malaysian government holds the view that the TPP , which had taken into account the country's specific concerns, including the Bumiputra agenda of Malaysia, has the potential to boost trade, investments and create jobs. "We'll have to see how ambitious the pact is", Ferreyros said of RCEP. It quotes Song Hong, a senior fellow at the Chinese Academy of Social Sciences, as saying that a China-led pact will be a good option for those countries which rely heavily on free ...

Business

US rate rise is coming soon, insists Fed chief

Yellen had painted a reasonably upbeat assessment of the economy, but one that still requires only gradual rate increases. "It is an interesting spot for the United States dollar". Analysts took her comments as a clear indication that the central bank could raise interest rates next month. The testimony was her first public statement since the election.

Business

Austinites take over downtown, protest Dakota oil pipeline

Energy Transfer Partners said it will finish the pipeline by December 1 except for a small disputed section in North Dakota, and expects it to begin moving crude in the first quarter next year if the government clears the final obstacle. District Court in Washington, D.C., to confirm the company has the legal right to proceed. It came after forum member Edward John spent three days at a camp in North Dakota that's drawn hundreds of protesters.

Business

Janet Yellen: Rate hike could come 'relatively soon'

He said the only reason to hold off would be the kind of big shocks that have given the USA central bank pause in the past, such as volatility across global markets or bad U.S.jobs data. The government said home construction soared by 25.5 percent in October, the biggest increase in more than two decades, while the number of Americans seeking unemployment benefits, a proxy for layoffs, fell to the lowest point since 1973.

Business

Raleigh group protests Dakota Access Pipeline

The Waco Friends of Peace/Climate protest was one of hundreds Tuesday around the country. She says the Dakota Access Pipeline should matter to anyone who cares about treaty rights or the environment. "They can not beat us in the market, but they'll saddle our children. and anchor us in this dirty, addictive toxic fuel", Kennedy said. If he follows a similar timeline, a decision on ETP's request would come January 19 - one day before Donald Trump, who has said he wants to rebuild energy ...

Business

Shop locally November 26

Small Business Saturday is an American shopping holiday held on the Saturday after Thanksgiving during one of the busiest shopping periods of the year. Many small businesses are located in downtown or Main Street areas that make for a pleasant day trip. This year, instead of stocking up on cards for Starbucks or Amazon, choose ones for your local coffee shop or a retail store.

Business

Pokemon Sun & Moon pirates receive bans from online play, eshop access

Pokemon Sun and Moon is even bigger than the Pokemon Omega Ruby and Alpha Sapphire games, with each of these being 1.8GB in size. After you've done this, head to any Pokemon Center in the game and talk to the deliveryman standing near the PC.

Business

Pokemon Sun And Moon Expands In Size Struggles To Fit

Eurogamer claims to have been told that the new game will be titled " Pokemon Stars " and will be the first mainline Pokemon game playable on TVs. Rowlet , Litten , and Popplio are your options when you begin a new game. Finally, buying the game before the end of 2016, you will also enjoy a Munchlax, the pre-evolution of Snorlax.


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