The USD reversed again after the London fix today as the majors made highs and then retreated as the end of the New York session drew closer; Cable and EURO both retreated over a big figure after posting highs near technical resistance. High prints in GBP at 1.5284 came around the London fix as a very large buy order hit the market into the fix; traders note that thin conditions likely exacerbated the move and the highs were sold by short-term accounts as well.

New Delhi, Jan. 8 : The Supreme Court has criticised the popular practice among litigants adopting unfair means to approach courts demanding interim relief only to enjoy its benefits and intentionally spoiling the final scrutiny of the matter.

A Bench comprising Justices R. V. Raveendran and J. M. Panchal said that any attempt by a litigant to retain the benefit of the interim order by avoiding final adjudication, required to be deprecated.

Melbourne, Jan. 8 : Qantas, which has an information technology contract with India''s Satyam Computer Services, today said that any risks to its business in the wake of the latter''s revelation of fraud, were manageable.

Qantas said in a statement that it had five years remaining on a seven-year contract under which Satyam provides IT application maintenance and support for the company.

"At this stage Qantas assesses any risks to business as manageable," The Australian quoted the statement, as saying.

Washington, Jan. 8 : The Federal Bureau of Investigation (FBI) is seeking to fill thousands of posts as it embarks on the biggest recruitment drive in its 101-year history.

According to the Scotsman, the vacancies include 850 special agents, besides a further 2,100 "professional staff positions".

Jobs include intelligence analysts, fingerprint experts, language specialists and electronics technicians, presumably for help with wire-tapping and other hi-tech eavesdropping.

New Delhi, Jan. 8 : The ongoing strike by employees of various oil Public Sector Units (PSUs) has now created a fuel supply crisis in various cities and states.

Sources said that with talks between the Government and representatives of oil PSUs collapsing, the supply of petrol, diesel and liquid petroleum gas (LPG) is likely to run dry by Friday or Saturday.

New Delhi/Jaipur, Jan. 8 : An emergency meeting was called at Jaswant Singh''s residence on Thursday to douse out an intra-party crisis that erupted after former Vice-President Bhairon Singh Shekhawat took the rebellious path and alleged widespread corruption in the party and slammed the BJP president for misdemeanour.

The meeting, held in the national capital, went on for two hours, but ended inconclusively.

BJP President Rajnath Singh, who was in the line of fire after he ruled out chances of Shekhawat contesting the elections, was also present in the meeting.