Rental market for private homes may soften: analyst

SINGAPORE: Landlords of private homes may see the rental market softening when higher property taxes kick in next year, as these investors grapple with higher holding costs. Owning luxury or investment homes will incur higher property taxes starting January 2014. For private homes not occupied by owners, new marginal property tax rates of 12 to 20 per cent will be levied in addition to...

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Chopper scam: CBI names ex-IAF chief SP Tyagi as suspect

NEW DELHI: Armed with documents from Italy, CBI today named former Air Force Chief S P Tyagi in its preliminary enquiry (PE) into allegations of kickbacks in the Rs 3,600 crore VVIP chopper deal, the second former defence services chief to figure in a scam probe. Besides the former IAF chief, 10 others including his cousins — Julie, Docsa and Sandeep Tyagi have also been named along with four companies...

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Best Moments From the Academy Awards

Host Seth MacFarlane took the stage at the 2013 Oscars with an opening monologue revealing he was ready to poke fun at the star-studded audience."The quest to make Tommy Lee Jones laugh begins now," he said.But it wasn't too long before MacFarlane was interrupted. William Shatner, dressed as his iconic character Captain Kirk from "Star Trek," descended on the stage to warn MacFarlane that he...

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Powers to offer Iran sanctions relief at nuclear talks

ALMATY (Reuters) - Major powers will offer Iran some sanctions relief during talks in Almaty, Kazakhstan, this week if Tehran agrees to curb its nuclear program, a U.S. official said on Monday. But the Islamic Republic could face more economic pain if it fails to address international concerns about its atomic activities, the official said ahead of the February 26-27 meeting in the central...

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Football: Cahill bemoans Chelsea fixture pile-up

LONDON: Chelsea centre-back Gary Cahill thinks the club's hopes of qualifying for the Champions League are being hindered by what he describes as "ridiculous" fixture congestion.The European champions lost 2-0 at Manchester City on Sunday to give hope to the teams bidding to pip them to a top-four berth.Tottenham Hotspur could climb above Chelsea into third place with victory at West Ham...

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Hyderabad blasts: Cops get 'clear clues', question 30 people

HYDERABAD: Investigators are believed to have obtained certain "clear clues" based on CCTV footage at the site of the twin blasts in Hyderabad and questioning of some jailed terror suspects here even as a letter purportedly written by Lashkar-e-Taiba (LeT) claimed responsibility. Sources said that Prime Minister Manmohan Singh while being briefed by state DGP V Dinesh Reddy here about the progress...

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FDA approves new targeted breast cancer drug

WASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent...

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Crash at Daytona Exposes Risks to Fans

The risks of racing extend beyond the drivers.Fans can wind up in the danger zone, too.A horrifying crash on the last lap of a race at Daytona International Speedway injured at least 30 fans Saturday and provided another stark reminder of what can happen when a car going nearly 200 mph is suddenly launched toward the spectator areas.The victims were sprayed with large chunks of...

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Frustrated Italians vote in crucial election for euro zone

ROME (Reuters) - Italians voted on Sunday in one of the most closely watched and unpredictable elections in years, with pent-up fury over a discredited elite adding to concern it may not produce a government strong enough to lead Italy out of an economic slump. The election, which concludes on Monday afternoon, is being followed closely by investors; their memories are still fresh of...

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Football: Man City leave Chelsea trailing, Newcastle edge Saints

LONDON: Manchester City galvanised their grip on second place in the Premier League and trimmed Manchester United's lead back to 12 points with a 2-0 victory at home to nearest rivals Chelsea on Sunday.After Chelsea's Frank Lampard had seen a penalty saved by England colleague Joe Hart, City prevailed through a pair of fine second-half goals from man-of-the-match Yaya Toure and substitute...

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