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UK's financial giant, Barclays has said that it will vigorously defend against a fine imposed by US energy regulators for allegedly manipulating electricity markets in the American state of California. The regulator imposed a fine of $453 million on Barclays Plc and the more on its four former traders for manipulating the energy markets.

The 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.

Los 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.

Los 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.

New 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.

Mumbai, 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.