http://www.firstpost.com Firstpost Sat, 18 May 2013 17:08:18 +0000 en-US hourly 1 http://www.firstpost.com/tech/chinese-firm-zte-to-sell-mobile-handsets-directly-in-india-794277.html#comments Sat, 18 May 2013 08:01:12 +0000 hidden http://www.firstpost.com/?p=794277 ZTE is introducing five models, priced between Rs 5,799 and Rs 14,999, followed by tablet PCs by Diwali.]]> http://www.firstpost.com/tech/chinese-firm-zte-to-sell-mobile-handsets-directly-in-india-794277.html/feed 0 http://www.firstpost.com/bollywood/movie-review-good-acting-cant-save-aurangzeb-from-its-incoherent-plot-793887.html#comments Sat, 18 May 2013 04:07:30 +0000 hidden http://www.firstpost.com/?p=793887 Aurangzeb is a story of potentially epic proportions (and near-epic run time), but it struggles to be coherent and its final conclusion is unable to match the build-up and premise. ]]> http://www.firstpost.com/bollywood/movie-review-good-acting-cant-save-aurangzeb-from-its-incoherent-plot-793887.html/feed 0 http://www.firstpost.com/fwire/nikkei-hits-new-5-12-year-high-793663.html#comments Fri, 17 May 2013 23:30:16 +0000 FP Staff http://www.firstpost.com/politics/nikkei-hits-new-5-12-year-high-793663.html TOKYO (Reuters) - The Nikkei share average rose on Friday with investors snapping up reflationary plays such as real estate stocks on the dips - posting a second week of gains supported by the benign effects of a weak yen. Agriculture-related stocks also lifted the market, with Prime Minister Shinzo Abe's second tranche of economic strategy expected to include growth in the farm sector when he speaks on Friday. ]]> http://www.firstpost.com/fwire/nikkei-hits-new-5-12-year-high-793663.html/feed 0 http://www.firstpost.com/sports/ipl/ipl-spot-fixing-is-yet-another-symptom-of-insecure-india-791845.html#comments Fri, 17 May 2013 07:58:33 +0000 Abhay Vaidya http://www.firstpost.com/?p=791845 Corruption in India is not a systemic problem as is commonly believed but the result of a deep flaw in the Indian character itself.]]> http://www.firstpost.com/sports/ipl/ipl-spot-fixing-is-yet-another-symptom-of-insecure-india-791845.html/feed 0 http://www.firstpost.com/investing/will-rbis-inflation-index-bonds-find-enough-takers-791463.html#comments Fri, 17 May 2013 06:35:16 +0000 FP Staff http://www.firstpost.com/?p=791463 One hurdle for the probable lack of interest for IIBs amongst retail investors apart from the lack of awareness of the product itself, is the lack of knowledge of the process of investing in IIBs.]]> http://www.firstpost.com/investing/will-rbis-inflation-index-bonds-find-enough-takers-791463.html/feed 0 http://www.firstpost.com/business/chit-fund-allure-to-stay-sans-aggressive-bank-penetration-791181.html#comments Fri, 17 May 2013 05:34:00 +0000 hidden http://www.firstpost.com/?p=791181 Saradha ran one of the thousands of unlicensed financial schemes in India, many of which thrive below the regulatory radar with the protection of local politicians, economists say.]]> http://www.firstpost.com/business/chit-fund-allure-to-stay-sans-aggressive-bank-penetration-791181.html/feed 0 http://www.firstpost.com/fwire/china-shares-have-best-day-in-weeks-hong-kong-tepid-ahead-of-holiday-790499.html#comments Fri, 17 May 2013 00:15:31 +0000 FP Staff http://www.firstpost.com/politics/china-shares-have-best-day-in-weeks-hong-kong-tepid-ahead-of-holiday-790499.html HONG KONG (Reuters) - China shares posted their best daily gain in weeks on Thursday, limiting losses in the Hong Kong market, as investors chased a rebound in the property and financial sectors and extended a rally in technology-related counters. Earnings drove some of the most significant moves. Tencent Holdings ( 0700.HK ) closed at a record high after posting robust quarterly earnings, while Parkson Group ( 3368.HK ) sank to its lowest in more than seven years after a weak first quarter. ]]> http://www.firstpost.com/fwire/china-shares-have-best-day-in-weeks-hong-kong-tepid-ahead-of-holiday-790499.html/feed 0 http://www.firstpost.com/fwire/fund-scams-target-indians-beyond-the-reach-of-banks-790367.html#comments Thu, 16 May 2013 22:15:24 +0000 FP Staff http://www.firstpost.com/politics/fund-scams-target-indians-beyond-the-reach-of-banks-790367.html MUMBAI/KOLKATA (Reuters) - Dalia Ghosh, a 28-year-old nurse in Kolkata, invested her savings in an unlicensed fund run by media conglomerate Saradha Group last year, hoping to start her own clothes business. ]]> http://www.firstpost.com/fwire/fund-scams-target-indians-beyond-the-reach-of-banks-790367.html/feed 0 http://www.firstpost.com/fwire/beyond-the-reach-of-banks-fund-scams-target-indians-790351.html#comments Thu, 16 May 2013 22:00:22 +0000 FP Staff http://www.firstpost.com/politics/beyond-the-reach-of-banks-fund-scams-target-indians-790351.html MUMBAI/KOLKATA (Reuters) - Dalia Ghosh, a 28-year-old nurse in Kolkata, invested her savings in an unlicensed fund run by media conglomerate Saradha Group last year, hoping to start her own clothes business. But Saradha went bust in April, wiping out as much as $3.7 billion in deposits from mostly low-income Indians, miring West Bengal's government in scandal, and illustrating the risks faced by the millions who live outside the banking system. Saradha, which until April had at least two high-profile members of parliament on its payroll, lost money in bad investments, and on paying steep commissions to its agents, government officials said. ]]> http://www.firstpost.com/fwire/beyond-the-reach-of-banks-fund-scams-target-indians-790351.html/feed 0 http://www.firstpost.com/investing/no-cash-in-hand-but-pms-personal-finance-strategy-is-bang-on-788805.html#comments Thu, 16 May 2013 10:21:04 +0000 FP Editors http://www.firstpost.com/?p=788805 Whatever be the shape of the country’s finances, one has to admit that the PM manages his money well. ]]> http://www.firstpost.com/investing/no-cash-in-hand-but-pms-personal-finance-strategy-is-bang-on-788805.html/feed 0