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By Dividends4Life: If your goal is to accumulate wealth for a comfortable retirement, then there is no risk-free path. Throughout time every angle has been tried and failed. What appears to be a safe investment in a federally insured CD or money market, may not even be covering inflation. Growth stocks don’t always grow. The astute conservative investor turns to solid dividend paying stocks with a track […]

‘The disease took away my future and my children lost the mother they had had,’ says Elaine Reynolds Photo: JOHN LAWRENCE When Stephanie Reynolds hunches over her smartphone, she looks like any self-absorbed twentysomething, whiling away a carefree moment or two socialising online. In fact, the 24-year-old is using social media for a reason very close to her heart: she has launched a Facebook page to find her […]

ogMUMBAI: As states governments add layers of taxes on fuel, disparity in petrol and diesel prices across the country has reached as high as 35%, spawning a new mafia that profits by sourcing cheap and selling high

 

Ever wondered why you have to shell more if you refill at a petrol pump in Thane, just a few kilometers away from your regular fuel station in Navi Mumbai. Or why the fuel costs less outside city limits.

 

Well, if you thought differential of a few bucks across suburbs was too high, here’s a shocker: it is way too high, as much as almost 35%, when compared among states, and is widening with every price increase.

 

This is because some state governments are adding multitude of taxes an

‘When Harry Potter Met Sally’: Daniel Radcliffe and Zoe Kazan in ‘What If Photo: Entertainment One Casting a spell over cinemagoers is a piece of wizardry even Harry Potter would be hard-pushed to pull off – yet that is precisely the challenge his alter ego, Daniel Radcliffe, has set himself. Later this month, Radcliffe, the diminutive actor seared into the national psyche as a bespectacled schoolboy from Hogwarts, […]

Saudi Arabia has advised the kingdom’s citizens and residents to avoid all travel to Liberia, Sierra Leone and Guinea until further notice due to the Ebola outbreak. The warning issued late Wednesday by the Ministry of Health comes after a Saudi man, who recently visited Sierra Leone and was suspected of having the virus, died earlier in the day when his heart stopped and attempts to resuscitate him […]

Boris Johnson, the Mayor of London, announces that he will stand for Parliament in 2015 Photo: Getty Images “We need someone widely seen as a prime minister in waiting. Oh boy, have you kept me waiting.” Ken Clarke used this line to appeal – in vain – to the Conservative conference in 2005 as he ran for the leadership. But, oh boy, has another possible prime minister in […]

The village of Kerwas, or Yalaza in Turkish, located near the town of Lice in Turkey’s southeast. Ayla Albayrak for The Wall Street Journal A sleepy little village in Turkey’s southeast has an ambitious project for the country’s estimated 15 million Kurds: to build the country’s first Kurdish-language primary school and set a model for modern Kurdish village life. In a country where Kurdish-language public education remains […]

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Wall Street Breakfast Editors submit: EconomyPolish Prime Minister Donald Tusk says he has reasons to suspect that the threat of a direct intervention by Russia’s military in Ukraine has increased over the last few days. NATO’s deputy secretary general says that Russia has amassed about 20,000 troops along its border with eastern Ukraine, following a Pentagon spokesman’s announcement yesterday that said Russian forces are closer than when […]

ogJAIPUR: The Rajasthan government while censuring previous Congress government for ignoring state’s interests while signing memorandum of understanding (MoU) with Hindustan Petroleum Corporation Limited (HPCL), has banked on the HPCL’s own consulting firm, SBI Caps’ report.

 

Chief minister, Vasundhara Raje, during her budget speech, said that based on appraisal report, the project will earn revenue of more than 68,000 crore within 15 years, from the day of production.

 

According to government officials, the data was cited from the report prepared by HPCL-appointed consulting firm, SBI Caps. Riding on these figures, the government is firming its stand on renegotiating the terms. “These facts came

‘We will not weaken the Data Protection Act’ Photo: Rii Schroer SIR – Citizens rightly have concerns about privacy and how personal data is handled. We share such concerns: one of this Government’s first acts was to cancel the illiberal ID card scheme. We are not interested in building large databases. We will not weaken the Data Protection Act. Nor will we collect more data about people, or […]

When Saudi Arabia started to seriously tackle its labor market problems a few years ago, it had to take decisions that made it quite unpopular with both businesses and the general public. The government argued that some tough measures must be taken even if they are painful. After decades of depending on low-paid foreign workers, it was clear that fixing the labor market would be difficult and […]

inNEW DELHI: The government is working on developing a bankruptcy framework to offer easier exit routes to sick companies while helping revive those with viable options, said Kalraj Mishra, the new minister for micro small & medium enterprises (MSMEs).

 

Another issue the ministry is dealing with is availability of land for industrial units. It is asking states to create land pools by listing out all unused land available with them.

 

“Entrepreneur bankruptcy framework will be developed to enable easy exit of sick units,” Mishra told ET. “It has been a major demand of the MSME sector for a very long time. The details will be worked out soon.”

 

SMEs employ close to 40 per cen

Video | Cease-Fires of the Gaza-Israel Conflict With the Israeli Army now moving into defensive positions, a historical look at how the fighting could end. By MARK LANDLER August 4, 2014 WASHINGTON — When the State Department condemned Israel’s strike on a United Nations school in Gaza on Sunday, saying it was “appalled” by this “disgraceful” act, it gave full vent to what has been weeks of mounting American […]

Op-Ed Contributor Eight Days in Gaza: A Wartime Diary By ATEF ABU SAIF August 4, 2014 Sunday, July 27 For the last two hours we’ve heard nothing but sonic booms and the sound of rockets and mortars. Shells have fallen on our street a few hundred yards from my father-in-law’s house, where my wife and I, and our five kids, are staying, and on the street behind us. My wife, […]

DUBAI // Shamas Mashi cleared his throat and knitted his eyebrows in concentration, then belted out his well-rehearsed number at a labour camp in Dubai Investments Park on Tuesday night. Mr Mashi got this year’s edition of the Western Union Camp Ka Champ under way with his catchy Bollywood tune, and set the stage for three months of auditions in which thousands of labourers will vie for […]

Abdul Rahman Qayed’s hands are smooth for a man who works in the construction trade. The reason, he says, is simple. For much of the past 28 years they’ve been covered in clay. Along with the date palm, coral stone, gypsum and straw, clay is one of the key materials with which Abdul Rahman, 52, and his 58-year-old brother, Mohammed Saleh, ply their trade. “We use the […]

ABU DHABI // A new attorney general and acting judicial deputy have been announced. After a decree by the President, Sheikh Khalifa, Mohammed Al Balushi has been appointed attorney general of Abu Dhabi. Mr Al Balushi was formerly the military attorney general. Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, appointed Yousef Al Ibri as acting deputy of the Abu Dhabi Judicial Department. […]

Surveys were carried out annually across four school years with the participants aged 14 or 15 at the start of the study and 17 or 18 at its conclusion Photo: Alamy Can it be true? Is playing video games not the corrupting activity that we’ve been led to believe? Gaming’s position as society’s current bête noire, so often blamed for the degradation of youth just like rock ’n […]

Women walk out of a branch of HSBC at Dubai Internet City in Dubai. Reuters With the largest presence of any international bank in the Middle East, HSBC’s results usually serve as a good indicator of the health of the region’s financial services industry. Going by the bank’s results for the region published on Monday, that outlook looks encouraging: the banking giant posted a 8.8% rise in […]

Photo: STEFAN ROUSSEAU/PA As they head for their holidays, senior Conservatives are beginning to worry that they are failing to benefit fully from Britain’s economic recovery. Recent months have seen a succession of good news stories, with growth well established, living standards no longer falling and predictions of future performance regularly upgraded. Yet the Tories seem unable to overturn Labour’s narrow lead. The table below illustrates what […]

Britain declared war 100 years ago tonight , but some other countries had already begun. On July 29, a Hungarian painter, Béla Zombory-Moldován, was on holiday at the seaside resort of Novi, on the Croatian coast, then part of the Austro-Hungarian empire. Suffering from a hangover, he had slipped out in the early morning for a swim from the spit. The bathing attendant approached, and told him, […]

Challenges such as large current account and fiscal deficits remain, but three years after the Arab Spring uprisings, the tide is turning in favour of the economies of North Africa, says London-based Capital Economics. A gradual return to political stability in Egypt and Tunisia should support activity there, while exports are likely to pick up on the back of the modest recovery in the global economy, its […]

By STEVEN ERLANGER and JODI RUDOREN August 3, 2014 JERUSALEM — The Israeli military continued its substantial military attacks around Rafah in southern Gaza on Sunday while defending its decision to announce the death of a missing Israeli soldier at 2 a.m., only hours after Prime Minister Benjamin Netanyahu went on national television to say that he had no new information about the case. Army spokesmen said on Sunday that the […]

Close call: Dr Naomi Platt with her dog, Bonnie, near her home in Devon Photo: Stuart Clarke Am I the first person to be told that they have malaria and feel a sense of relief? Possibly. However, my diagnosis five weeks ago was given while I was working in a small rural hospital in Sierra Leone, where contact with the Ebola virus was a real possibility. I’d had […]

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