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Ever since there was a paradigm shift towards the reforms process, the rupee has become fully convertible on current account. RBI followed a cautious approach towards full float of rupee, especially during the currency crisis in SE Asia in the 90s. - [Read more]

Gardner Finance AG (Gardner) reports that the Gardner Energy MacroIndex(R) (GEMI(R)), an Index which tracks actively the performance of energy hedge funds across a number of carefully selected strategies, gained 1.96 percent in June, 2008. The GEMIs gains were driven by performance in the Long/Short Equity and Relative Value trading components of the multi-strategy index. About GEMI Energy is the cornerstone of modern life and offers immense investment potential. [EWORLDWIRE] - [Read more]

Gardner Finance AG (Gardner) announces that it has partnered with Strategia (offshore) sal. in Beirut to help expand its client base and offer its commodity and energy-based products in the region. Strategia (offshore) sal. is an established Middle Eastern business and financial advisory company with established markets in Saudi Arabia, in the U.A.E. and in Lebanon. "We are truly pleased about Gardners expansion into strategically important Middle Eastern markets.... - [Read more]

Gardner Finance AG (Gardner) today announced the appointment of Ms. Antje Urwyler as an investment professional in its Portfolio Management department. Ms. Urwylers key past responsibilities include serving as VP, Head Manager Selection&Strategy Analysis at Credit Suisse, Switzerland, where she was responsible for the due diligence and monitoring of hedge fund managers and strategies for Credit Suisses alternative investment portfolios. [EWORLDWIRE] - [Read more]

Chilka, the largest brackish water coastal lake in Orissa, is facing imminent threat to its existence due to global warming. Human habitations inside the lake and the surrounding villages may get washed away due to high tides and sea storms. - [Read more]

Going Public is a pseudo reality show comedy that follows Ryan Garcia who one day discovered that he is being “BLOGGED” in the net. Because of this, his life turned around 360 degrees. The first season composed of 13 episodes will tackle on how he discovers his instant fame and how he struggles to get... - [Read more]

Yesterday, Monday, August 18, Assembly Bill 2948 was defeated by the California Senate by a vote of 20-19. - [Read more]

As we reported, three anti-gun bills were placed in the Senate Appropriations Committee’s suspense file due to cost constraints. Fortunately, two of the three (Assembly Bill 2062 and Assembly Bill 2235) failed in yesterday’s hearing. - [Read more]

The performance of its boxers at the ongoing Olympics has immensely pleased the Haryana government. It has announced a cash prize of Rs 25 lakhs each to Akhil and Jitender, as a token of its appreciation for the efforts put up by the two. - [Read more]

Behind every athlete there is a coach. Behind every successful musician, artist, or writer, there is a mentor. A person who embodies the qualities of a friend, instructor, leader and encourager - a true hero. Hickory Farms(R), a specialty food and food gift marketer, is giving Americans who are thirteen or older, the chance to talk about their heroes and earn money for their favorite charities at the same time. [EWORLDWIRE] - [Read more]

More than 25 floats, costumed characters, ethnic dancers and representatives of more than 90 Indo-American organisations displayed their love for India in the India Day Parade organised by Indian Business Association of New Jersey. - [Read more]

Labour unions, which started out as a benefit for the Indian worker have now become a legal form of Mafioso that charge companies unrealistic wages and demand things that are not going to happen just to get paid. - [Read more]

John Kopinski, marketing director of BagmastersUSA, today announced that engineers have completed modifications on the pre-opened bags-on-a-roll production machine. The machine was manufactured by Sharp Engineering but needed the modifications to allow BagmastersUSA to run more lanes of production at higher speeds. By improving tension control on the input and output ends of the machine, BagmastersUSA was able to improve the already high quality of its bags. [EWORLDWIRE] - [Read more]

India’s performance has improves in sports in 2007 and the team did well in cricket, hockey, tennis, chess, car racing, archery and football. This is a round up of India sports and teams’ feat in various sports events. - [Read more]

In a first of its kind, the Mahabalipuram lighthouse in Tamilnadu went on air from August 15, with the basic objective to promote public awareness about lighthouses and the need for preservation and restoration. The event will last till August 24. - [Read more]

After the T20 success, Indias performance in the one day matches has improved immensely. The team seems capable of chasing any total. Sri Lankan batting is totally dependent on Jayasuriya and bowling on Muralitharan. - [Read more]

India at 61 emerges as a strong economic power and nuclear power. But the scourge of illiteracy remains. The country can provide computer and science laboratories but not drinking water or toilets. Black money is threatening the economy. - [Read more]

2007 was a year of both achievements & distress for the nation, whether we talk at the national or international level. Here are some top incidents from India, which will definitely brush up your memory. - [Read more]

Thanks to a pliant bureaucracy and our own poverty-stricken and ignorant masses, foreign drug manufacturers do not find it difficult to trap patients who can be used as guinea pigs to test the efficacy and safety aspects of their drugs. - [Read more]

Indiaplaza, the worlds largest India-centric online shopping destination, has announced its shortlisted books for the annual awards to honour Indian authors of fiction. There will also be a Reader’s Choice Award determined by book lovers. - [Read more]