EUR/GBP Technical Analysis: Waiting for Selling Opportunity

EUR/GBP Technical Analysis: Waiting for Selling Opportunity

ToreceiveIlya’sanalysis directly via email, pleaseSIGN UP HERE The Eurois attempting to rebuild upside momentum against the British Pound after prices found support below the 0.73 figure. The single currency drifted downward having failed to hold up above the 0.74 mark but thereturn of risk aversionhas proven supportive amid the unwinding of carry trades funded in terms of the low-yielding unit.

Read More at Yahoo! Finance

Delhi High Court notice to government over MNCs' patent disclosure

Delhi High Court notice to government over MNCs’ patent disclosure

MUMBAI: In a development that could have major ramifications on intellectual property cases in pharmaceutical and technology sectors, the Delhi high court issued a notice to the government on Tuesday in a PIL (public interest litigation) filed by IP expert Shamnad Basheer. The petition exposes the weak enforcement of an important statutory provision, Form 27, which discloses patent data of a company.

Read More at India Times

Mumbai-Goa highway to have underpasses, ladders for animals

Mumbai-Goa highway to have underpasses, ladders for animals

MUMBAI: The Maharashtra government will soon rebuild a 2-km four-lane section of the National Highway 17 to Goa right through a core forest area keeping the safety of wild animals in mind. The stretch – perhaps a first in the country – will have facilities for animals, including leafy underpasses and ladders to cross over to the other side.

Read More at India Times

Drought conditions worsen and even supply of drinking water is in trouble

Drought conditions worsen and even supply of drinking water is in trouble

MUMBAI: As drought conditions worsen in peninsular India, issues such as sustaining cattle and supplying drinking water have become critical in both rural and urban areas, especially in Maharashtra’s Marathwada and western Maharashtra regions and north interior Karnataka.Having already lost the kharif crop, the prospects of rabi depend on September rainfall, which too is expected to be below normal.

Read More at India Times

CCI decision to seek individual culpability in cases makes decision-makers at companies uneasy

CCI decision to seek individual culpability in cases makes decision-makers at companies uneasy

MUMBAI: The Competition Commission of India has with some vigour started seeking individual culpability in cases for which it penalises organisations, a development that could make decision-makers at companies uneasy. So far this year, the commission has penalised individuals in five cases and has queries running on a significantly higher number.

Read More at India Times

India's 'bulldozer' Nitin Gadkari promises to add 2 percentage points to growth

India’s ‘bulldozer’ Nitin Gadkari promises to add 2 percentage points to growth

NAGPUR: The man Prime Minister Narendra Modi has tasked with launching a China-style infrastructure boom calls himself a “bulldozer” and promises to add two percentage points to India’s economic growth in two years. “I am a man of my word,” Nitin Gadkari told Reuters on a trip to his home district in Maharashtra, the state where he made a reputation for getting the job done.

Read More at India Times