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With the purpose of aiding a charity, Pope Benedict XVI’s Volkswagen Golf is up for auction again, which he owned during his days as a cardinal in Germany.

Earlier, in 2005, it was sold to an online casino, Golden Palace, for £90,000 by a German student, Benjamin Halbe, who himself bought it for £6,500. Halbe donated a portion of profit to a charity.

The online casino from US used this car for promotional purposes only. Now, they are looking to raise money for Habitat for Humanity, a British charity, through this auction.

The UN Intergovernmental board on global climate changes alleges both floods and water shortfalls affects Asia due to global warming.

In various countries, the risk of hunger is expected to remain ‘very high’.

An inter-governmental conference on climate change liberated in Brussels figures that the crops outputs could boost up to 20% in east and Southeast Asia whereas showing a reduction of 30% in central and south Asia by mid-21st century.

After recent disappointed results in Punjab and Uttrakhand assembly elections, it is again huge set

India’s largest BPO firm, Genpact, is speculating a US listing through an IPO to raise ov

Aiming to control the inflation, the Reserve Bank of India has raised the interest rates on March 30. This unexpected increase in interest rates caused a drop of over 600 points in the Indian stock market on April 2 though the market recovered.
Long-term investor, such as NRIs have fully exhibited this response as they pumped nearly Rs.1 billion in months of February and March, whereas, earlier, they were sellers mainly due to high rupee-dollar rate and valuation concerns. The mutual funds have also eased off and become attractive for the investor.

Indian industry looked confused over the issue whether the RBI should intervene in order to protect exporters from the gaining rupee or not.
As per CII, the domestic industry would have to accept a strengthening rupee in the short term, whereas, FICCI, Assocham and FIEO fancies RBI to check the sharp climb in the currency.