No need to panic, rupee will stabilise: Chidambaram

ChidambaramNew Delhi, Aug 22 : Finance Minister P. Chidambaram Thursday called for calm in the currency markets, saying stability will soon return, even as the rupee slipped below the psychological level of 65 against the dollar.

"There is no cause of panic... we are confident that the stability will return to the markets,” Chidambaram said at a media conference here.

The finance minister said volatility in the currency market was unacceptable and the government was taking measures to improve the situation.

King Cobra beer set to roll out in Bihar brewery

Molson-Coors-CobraPatna, Aug 22 : Global beer giant Molson Coors Cobra is set to roll out its King Cobra brand of beer from its brewery in Bihar, a company official said Thursday.

"The brewing capacity has been doubled and the packaging capacity has been tripled after we took over a local brewery at Bihta near Patna in 2011. We are ready to roll out our famous King Cobra brand beer from a world-class full-fledged quality laboratory in place" Kandy Anand, president of Molson Coors International, told media persons here.

Indian American doctor writes health guide with twist of humour

Dementia-ExpressWashington, Aug 22 : An Indian American doctor has brought out a book on short-term memory loss or dementia chalking out positive steps people should take to prevent it -- all with a humorous twist.

Sandeep Grewal's 'Dementia Express: 100 Ways to Lose Your Memory' makes people aware of how they are contributing to their own mental decline, and how to take positive steps to prevent this, according to a press statement Thursday.

The book, which has captured the attention of professionals in the medical field, incorporates humour while addressing the serious subject of mental decline.

Retail sales in South Korea fall

Retail-salesSeoul, Aug 22 : Retail sales in South Korea fell last month as the prolonged rainy

David Beckham launches clothing range

David-BeckhamLondon, Aug 22 : Retired soccer icon David Beckham has unveiled a new range of clothing, inspired by heritage sportswear.

The 38-year-old has collaborated with the Swedish brand, H&M and the collection will be available from Thursday. It includes a range of trunks, pyjama trousers and vest tops.

"I love the heritage athletic style of the new pieces in my Bodywear collection at H&M. The vests, pyjama bottoms and raglan-sleeve tops are already wardrobe favourites for me that I know I'll wear all season long," femalefirst. co. uk quoted Beckham as saying.

Golfer Bhullar to defend Macau Open

Gaganjeet-BhullarMacau, Aug 22 : India’s Gaganjeet Bhullar Thursday said he will return here in October to defend his Macau Open title which he won in emphatic style last year.

Leading from start-to-finish, the young star triumphed on 16-under-par 268 total to win by two strokes ahead of American Jonathan Moore and Thai Thitiphun Chuayprakong.

The Macau Golf and Country Club is a hunting ground for Bhullar who also recorded a runners-up finish in 2009 when Thaworn Wiratchant of Thailand was crowned champion.

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