NEW YORK: The euro surged against the dollar Friday, topping the $1.30 level before giving back most of the ground to end only slightly higher.At $1.2982 at around 2300 GMT, it was still the European currency's best level in five weeks, finishing up from $1.2978 late Thursday.There was little news to provoke any firm moves, and analysts said the euro could move lower next week as the Greek...
Around 40% states still have more than 5% as stamp duty
Label: Lifestyle NEW DELHI: The Comptroller and Auditor General's (CAG) audit into Centre's urban renewal programme - Jawaharlal Nehru National Urban Renewal Mission (JNNURM) -- has shown that 40% of states and Union Territories have failed to rationalize stamp duty to 5% for property registration. The defaulting states include Delhi, Haryana, West Bengal, Karnataka, Kerala and Chhattisgarh. High stamp duty discourages...
Pictures: Bakken Shale Oil Boom Transforms North Dakota
Label: HealthPhotograph by Jim Urquhart, ReutersHis overalls caked in mud, roughneck Brian Waldner wrestles with pipe as North Dakota's new horizon unfolds around him. (Related: "Oil Train Revival: Booming North Dakota Relies on Rail to Deliver Its Crude")North Dakota, once a sleepy backwater of the petroleum industry, this year surpassed Alaska as the number two oil producer in the United States. The gush of...
3 Dead After Attack at Wyo. Community College
Label: Business Three people are dead after an attack at Casper College, a Wyoming community college, that may have involved a type of bow and arrow.The college was shut down Friday morning after the attack."Emergency Alert: All classes and activities are cancelled today," read a message posted on the school's website.Initial calls came in just after 9 a.m. reporting a "traumatic injury" on...
Nov
29
Euro benefits from US 'fiscal cliff' hopes
Label: Technology NEW YORK: The euro rose against the dollar Thursday, boosted by hopes that US politicians will find a compromise to avoid the year-end "fiscal cliff" that could jolt the economy into recession.With investors' appetite for risk whetted, the euro bought $1.2978 at 2200 GMT, up from $1.2939 at the same time Wednesday.The European unit rose against the Japanese currency, to 106.58 yen from...
CPM accuses Congress of allowing disruption in Parliament
Label: Lifestyle NEW DELHI: The CPM on Thursday accused the Congress of allowing disruption of both Houses of Parliament so that it could marshal the numbers in case of a vote on FDI in multi-brand retail. The Lok Sabha was disrupted for four days and Rajya Sabha for five consecutive days as the opposition, including the BJP and Left parties, demanded a discussion and vote on the issue. "The government has agreed...
Pictures: Inside the World's Most Powerful Laser
Label: HealthPhotograph courtesy Damien Jemison, LLNLLooking like a portal to a science fiction movie, preamplifiers line a corridor at the U.S. Lawrence Livermore National Laboratory's National Ignition Facility (NIF).Preamplifiers work by increasing the energy of laser beams—up to ten billion times—before these beams reach the facility's target chamber.The project's lasers are tackling "one of physics' grand...
Palestinians Win Statehood Status at U.N.
Label: Business The U.N. General Assembly voted today to approve Palestinians' request to be upgraded to a "non-member observer state," defying opposition by the U.S. and Israel.Before the vote, Palestinian President Mahmoud Abbas told the General Assembly that it "is being asked today to issue the birth certificate of Palestine."Of the 193 countries in the General Assembly 138 voted to recognize...
Nov
28
FCC chief’s successors-in-waiting
Label: World (Marvin Joseph - The Washington Post) Rumors have been flying for many months over Julius Genachowski’s successor at the Federal Communications Commission. He hasn’t officially announced a departure, but industry experts are floating several contenders to replace him:Blair Levin, who had worked on Obama’s transition team, was a senior adviser to Genachowski and helped craft the...
No progress in cliff talks leave dollar-euro flat
Label: Technology NEW YORK: The dollar traded flat against the euro Wednesday after a slight push higher mid-session, as talks continued in Washington on averting the economy-crunching fiscal cliff.At 2200 GMT, the euro bought $1.2939, a hair off the level at the same time Tuesday.Just hours earlier, the euro fell to $1.2881 before rebounding, the swings apparently related to perceptions over whether the...
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