BoE to adopt forward guidance for financial markets

BoE to adopt forward guidance for financial marketsThe Bank of England (BoE) under the new leader Mark Carney is set to adopt the formal forward guidance for financial markets.

The minutes from the latest meeting of the central bank's Monetary Policy Committee showed that all the members voted against more quantitative easing. The central bank is aiming to keep its £375bn asset-purchase programme on hold following all its members including new Governor, Mr Carney as well as Paul Fisher and David Miles, who earlier voted in favor of more stimulus, expressed their vote against additional stimulus.

Demi Lovato goes ghost hunting

Demi Lovato goes ghost huntingLos Angeles, July 18 - Singer Demi Lovato believes that her family home in Texas is haunted and said that she goes ghost hunting.

The 20-year-old said her Texas home is haunted by a little girl named Emily, whom she befriended as an invisible playmate when she was younger, reports contactmusic. com.

"I go ghost hunting. My house in Texas is so ridiculously haunted. Not by a bad spirit, but a little girl. I think her name is Emily. I've had a medium come over and ghost hunters, and they both told me the same name, Emily," buzzfeed. com quoted Lovato as saying.

Lucy Mecklenburgh voted best bikini body

Lucy-MecklenburghLos Angeles, July 17 : Model Lucy Mecklenburgh has won the best bikini body 2013 leaving behind the likes of singers Rihanna and Beyonce Knowles.

The 21-year-old, who recently had a breakup with Mario Falcone after he cheated on her, looked stunning after she got into a healthy eating and exercise regime.

Rihanna bagged the second position in the poll conducted by the website holidayplace. co. uk, reports thesun. co. uk.

While reality TV star star Khloe Kardashian, who recently shed almost a stone, was third, singer Beyonce Knowles came joint fourth with actress Jessica Alba.

Gas price hike will boost investment in exploration: Moily

m-veerappa-moilyNew Delhi, July 17 : The revision in gas rates from April next year will boost investor sentiment in a sector where investments have almost dried up, Petroleum Minister M. Veerappa Moily said Wednesday.

Speaking at an industry association Assocham seminar here, the minister said with the Directorate General of Hydrocarbons finding the current rate of $4.2 per million British thermal unit (mmBtu) uneconomical to produce gas from deep-sea fields, gas price revision will be a booster to augment investment in the oil and gas sector.

Have learnt the power of forgiveness from Milkhaji: Farhan

farhan-akhtarMumbai, July 17 : If "Bhaag Milkha Bhaag" has been a life-changing experience for Farhan Akhtar, who plays the title role in the film and has learnt the lesson of forgiveness from Milkha Singh, he hopes the Olympian's biopic would help open the mind of federations, who start nurturing talents.

"Milkhaji taught me that you couldn't move on in life with the baggage of negativity and illwill. You can't be the Flying Sikh with that entire burden," said Farhan.

RBI opens Rs.25,000 crore window for mutual fund industry

rbiMumbai, July 17 : The Reserve Bank Wednesday opened a three-day borrowing window of Rs. 25,000 crore to help mutual funds meet their financial needs.

The central bank said that "as a contingency measure", it had decided to conduct a special repo under which banks could raise funds totalling Rs. 25,000 crore at 10.25 percent interest.

Pages

News in Focus

Swedish AI Startup Lovable Chases $1 Billion ARR Ambition in Record Time

Stockholm-based AI firm Lovable is attempting to achieve the near-impossible revenue target in the tech world: sprinting from a young Series A startup to a $1 billion annual recurring revenue (ARR)

JSW Infrastructure Share Price Target at Rs 380: Motilal Oswal Research

JSW Infrastructure, backed by the JSW Group and spotlighted by Motilal Oswal’s recent research, stands on the cusp of transformative expansion within India’s flourishing port and logistics sector.

Dabur India Share Price Target at Rs 623: Sharekhan Research

Mirae Asset Sharekhan has issued a "BUY" recommendation on Dabur India Limited, setting a revised price target of Rs 623.

Nano Banana AI Image Editing and Generation Tool Offers Wonderful Images at High Speed

Nano Banana AI, an enigmatic newcomer in the realm of image-editing technology, has captivated digital creators and industry analysts alike.

Deven Choksey Research maintains an 'Accumulate' rating on Tata Motors post the Q1FY26 results, citing resilient fundamentals, portfolio expansion, and a robust electric vehicle (EV) strategy amid

Ripple and SBI Group Forge Strategic Alliance to Introduce RLUSD Stablecoin in Japan

In a landmark move set to reshape Japan’s digital asset ecosystem, Ripple and SBI Holdings—together with its subsidiary crypto exchange, SBI VC Trade—have entered into a memorandum of understanding