Crude Oil may go up on Obama Middle East tensions

India, Nov. 8 -- Global crude oil prices are expected to move up on account of positive sentiments on Barack Obama s re election. Weakness in the Dollar Index crude oil supply concerns created by the unrest in Middle East region between Turkey and Syria are expected to help crude oil prices move up this year (2012). The impact of tropical storm Sand is negligible on global crude oil prices according to a energy market review by India based Angel Commodities. The US Energy Department (EIA) stated that US oil consumption is expected to increase by 100 000 bpd in next year this may also help to boost current crude oil prices. In October crude prices remained down owing rise in stocks caused by new technology global economic slowdown and strong dollar. As per the US Energy Information Administration (EIA) crude oil inventories increased around 2.3 percent for the month of October.

China Iron Ore imports Steel production up on fall in prices

India, Nov. 8 -- China steel production has improved in October on fall in Iron Ore prices in September while the nation s imports witnessed the highest level on a monthly basis in September at 65 mn tons when iron ore prices dipped below US $90 dry ton according to monthly iron ore review by The Steel Index (TSI).

Investors give thumbs-up to Emami on robust Q2 earnings; scrip hits 52-week high

India, Nov. 8 -- Riding high on the robust second quarter numbers, shares of Emami Ltd, an Indian producer of fast moving consumer goods (FMCG), soared over 5 per cent, hitting 52-week high, on the Bombay Stock Exchange.

Copper rises on stimulus hopes after Obama victory and China leadership transition

India, Nov. 8 -- Copper prices reversed its previous day’s losses, rising by 0.26 per cent on Thursday at the domestic markets as a second term for Barack Obama as American President supported the metal as investors bet that Obama’s victory could mean continued monetary policy easing in the US to boost economic growth, lifting the demand outlook for the industrial metal. At the MCX, copper futures for November 2012 contract were trading at Rs. 416.30 per 1 kg, up by 0.26 per cent, after opening at Rs. 416.35 against the previous closing price of Rs. 415.20. It touched the intra-day high of Rs. 417.15 till the trading. (At 11.18 AM today).

Diverging views on India's economic future

New Delhi, Nov. 8 -- The Indian industry highlighted the inability of the government to manage the economy, an American academic pointed out the gaps in India's economic policymaking, a policymaker defended the government and promised a return to 8% gross domestic product (GDP) growth, and a foreign chief executive officer (CEO) said nothing needed fixing because nothing is broken.

SBI may cut lending rates: Chaudhuri

New Delhi, Nov. 8 -- State Bank of India (SBI) chairman Pratip Chaudhuri indicated that India's largest lender could cut lending rates in the next 2-3 weeks.

Bollywood producer moves Kolkata HC against Tamannah

Chennai, Nov. 7 -- Creating troubles for talented multilingual actress Tamannah Bhatia, Bollywood Producer Salim Akhtar has filed a case against her in the Kolkata High Court for allegedly dishonouring a contract she signed with him in 2003. Tamannah, who started her acting career with the Hindi film Chand Sa Roshan Chehra, had reportedly signed a contract with producer Salim Akhtar according to which she was supposed to pay 25% of her remuneration for the next five years to the producer, however, the heroine reportedly never honoured the contract. "She was my daughter's friend. At the time of roping her in for the film, she signed a contract that she would shell out 25 per cent of her earnings for five years to the producer. But she failed to honour it," said Akhtar. Tamannah's father, on the other hand, said that his daughter did not sign the contract and she was a minor at the time of her first film.

Naomi Campbell forced to cancel elephant polo match after protests

Jodhpur/Jaipur, Nov. 7 -- After criticism by PETA, British supermodel Naomi Campbell has shed the plan of organizing an elephant polo match for her special guests who came here to attend her Russian billionaire boyfriend Vladimir Doronin's 50th birthday bash. According to sources, the Animal Welfare Board of India (AWBI) has categorically asked the organizers to cancel the event. In its letter to the Rajasthan government on November 5, AWBI cited the planned event is in violation of animal welfare laws, thus the district collector Gaurav Goyal stopped Naomi from going ahead with the polo match. media coordinator, PETA, Benazir Suraiya, said, "We have brought this issue to the notice of AWBI, which is the top body for animal rights. After hearing the case, AWBI sprung into action and the event now stands cancelled." In the meantime, reports have come that Duchess of York Sarah Ferguson also landed in Jodhpur from Delhi to attend the lavish birthday bashes being organised for Doronin. Fergie was in Delhi to raise funds for a charity. Besides her, thirteen chartered planes are believed to have ferried around 200 VIP guests to India for today's main party.

Romney 'would be willing to work in Obama administration if asked,' reveals friend

London, Nov. 8 -- Republican Mitt Romney would be willing to work in President Barack Obama's administration despite being defeated in the White House race, one of his closest friends has disclosed.

Romney nurses 'WH loss wounds' with 'gallon of chocolate milk'

Washington, Nov. 8 -- Republican presidential candidate Mitt Romney saw his White House dreams turn to dust after losing to Barack Obama, and responded by surrounding himself with his beloved family.

India Inc happy at Obama win

New Delhi, Nov. 8 -- Leaders of India Inc on Wednesday welcomed the re-election of Barack Obama as the US President saying that continuity will be good for bilateral relations, but some of them expressed concerns over the outsourcing issue.

Holy Mass to Bless President Mahinda Rajapaksa at the Church of Nativity

Ramallah, Nov. 8 -- A Holy Mass is to be held at the St. Catherine Church - The Church of Nativity in Bethlehem on !7th November to Bless President Mahinda Rajapaksa on his 67th birthday.

Retired electrician electrocuted

Sri Lanka, Nov. 8 -- A retired electrician of the Ceylon Electricity Board (CEB) died after he was electrocuted while wiring his home in Bataduwa, Akmeemana on Monday around 7pm.

Mahanama beat Lumbini

Sri Lanka, Nov. 8 -- Mahanama College, Colombo beat Lumbini Vidyalaya Colombo in the semi-finals of the division one inter-school under 15 cricket tournament match conducted by Sri Lanka Schools Cricket Association and played at Colts Cricket grounds, Colombo.

German

KARACHI, Nov. 8 -- embassy, PGBF hold exhibition

AVCC team recovers abductee in raid

Staff Report

Khurshid congratulates Obama on re-election as US President

New Delhi, Nov. 8 -- Congratulating Barack Obama on his re-election as US President, external affairs minister Salman Khurshid today said India and the United States share excellent relations and will continue to move forward. Khurshid noted that both the countries had achieved "significant" accomplishments in the past one decade and would like to move forward.

Susan Rice set to take over from Hillary

New Delhi, Nov. 8 -- Susan Rice, the present US ambassador to the United Nations, is set to be secretary of state in the second Obama administration, say several sources. She will take over from Hillary Clinton. Bruce Riedel, Barack Obama's former AfPak adviser, has no doubts that Rice will hold the senior ministry in the US cabinet. Senior US and Indian diplomatic sources concur with this assessment.

Kapil Sibal calls on Azerbaijan President

Baku, Nov. 5 -- Union Minister for IT & Telecom Kapil Sibal called on Azerbaijan President Ilham Aliyev in Baku.

Ranji Trophy: UP beat Delhi by six wickets

Ghaziabad, Nov. 5 -- Uttar Pradesh defeated Delhi by six wickets in their Ranji Trophy match at Jawaharlal Nehru Stadium here on Moday.

13 shot dead in Karachi

Islamabad, Nov. 9 -- At least 13 people, including a police official and a woman, were killed and many others injured in separate incidents of shooting in Pakistan's port city of Karachi Thursday, Xinhua reported.

Cyrus wants perfect wedding

Los Angeles, Nov. 9 -- Singer Miley Cyrus says she wants her wedding day to be perfect and romantic.

Improve biosecurity to tackle bird flu threat

Chennai, Dec. 1 -- The outbreak of bird flu in Bangalore adds another menace to the prevailing fear of dengue. While the latter may die out with the onset of winter, at least in the colder regions of the country because of the drying up of the mosquito-breeding swamps, the change of season will provide little relief from the no less deadly avian influenza. At present, the outbreak has been noted around the central poultry development organisation and training institute, where more than 4,000 turkeys were culled as a precautionary measure. However, the deaths of chicken and ducks mean that thousands of these poultry animals as well as 369 emus have to be killed and the poultry sheds sanitised.

If royalty is paid, excess mining not illegal: IBM

BHUBANESWAR, Nov. 8 -- Refuting the State Government's allegation that it had failed to detect irregularities in mining activities in Odisha, Indian Bureau of Mines (IBM) on Wednesday said excess production of ore beyond the mining plan is not illegal if royalty is paid.

Russia-Syria military ties aim at defense buildup: Russian FM

MOSCOW, Nov. 6 -- The military ties between Moscow and Damascus was aimed at improving Syria's defense capability against foreign threat, Russian Foreign Minister Sergei Lavrov said Monday.

(News Analysis): Tuesday's U.S. presidential race could resemble 2000 Bush-Gore contest By Matthew Rusling

WASHINGTON, Nov. 6 -- The outcome of Tuesday's U.S. presidential election could closely resemble the 2000 presidential contest, when former President George W. Bush faced off against former Vice President Al Gore and won by a razor's edge.

Victim of party intrigue, bias

India, Nov. 9 -- What has been most amusing during this entire season of the fall and fall of the Congress in public perception, is how the BJP has remained a mute spectator, gaining nothing out of the issue. But of course the party has also been busy digging its own grave. Every time a State-level leader with a mass following becomes powerful in the BJP and acquires a stature, the big guys in Delhi seem to be too intent to kill that rise. Mr Kalyan Singh, who helped the BJP win a majority - the first and only time - in Uttar Pradesh, was thrown out. Ms Uma Bharti, the lady who unseated and threw out the popular Mr Digvijaya Singh from power in Madhya Pradesh, was eventually thrown out.

Monika's husband, in-laws charged with murder

Chandigarh, Nov. 9 -- Chandigarh Police on Thursday put Section 302 (Murder) of IPC against the in-laws of Monika Goyal, who died a mysterious death on October 15 at her in-laws' Sector 21 house, after the SIT recieved CFSL report on Thursday.

NGO to get foreign assistance

New Delhi, Nov. 8 -- Smile Foundation, a non-governmental organization, will be getting monetary assistance from BAE Systems, a Britain-based defense major, in order to fuel its operations.

Red Cross receives huge donation

New York, Nov. 8 -- World renowned singer Lady Gaga has pledged to donate $1 million to the Red Cross in order to fuel its relief operations in New York.

The all new 2012 Hero Passion XPro launched in India with a price tag of Rs. 46,800

India, Nov. 8 -- Passion XPro, the third new product from Hero MotoCorp in 2012, has hit the roads. The 110cc XPro was first showcased at the 2012 Delhi Auto Show and is now available for sale. The base model with drum brakes comes with a price tag of Rs. 46,800, whereas the disc brake variant with alloy wheels is priced at Rs. 51,800.

Mitsubishi discontinues outdated Lancer and Pajero SFX in Indian auto market

India, Nov. 8 -- Mitsubishi, the globally renowned multinational automotive manufacturer, is a name synonymous with powerful Sports Utility Vehicles (SUV) and visually enticing sedans in the Indian auto market. The Japanese car maker who has a Joint Venture (JV) partnership with Hindustan Motors has announced to discontinue production of its much popular Lancer saloon and pick-of-the segment Pajero SFX SUV on domestic turf.