Sensex loses 82 points as RBI hikes key policy rates

Sensex loses 82 points as RBI hikes key policy rates

A benchmark index of Indian equities markets declined 82.26 points Tuesday after the Reserve Bank of India (RBI) hiked key policy interest rates by 0.25 percent to tame inflation. Good buying was observed in auto and metal sectors, while selling pressure was seen in banking index (bankex) and IT sectors. The 30-scrip sensitive index (Sensex) […]

Police officer killed, five injured in Assam

Police officer killed, five injured in Assam

A police officer was killed and five constables were injured when militants ambushed a patrolling party in Assam’s Sonitpur district Tuesday, police said. Police said militants belonging to the National Democratic Front of Bodoland (NDFB) anti-talk faction attacked the police team in Batasipur area. Additional Superintendent of Police of Sonitpur district Guljar Hussain was killed […]

Major fire in over 100-year-old Shimla building

Major fire in over 100-year-old Shimla building

A major fire broke out in a British-era half-timbered building in this Himachal Pradesh capital early Tuesday, officials said. There was no loss of life. The fire was reported from the top two floors of the four-storeyed 109-year-old Gorton Castle, housing the state’s Audit and Accountant General, a fire department official told IANS. Deputy Commissioner […]

RBI hikes key policy interest rates by 0.25 percent

The Reserve Bank of India (RBI) Tuesday hiked key policy interest rates by 0.25 percent to tame inflation. The move could make home, automobile and other loans costlier and further dampen industrial growth. The repo rate that banks pay when they borrow money from the RBI to meet their short-term fund requirements, was increased to […]

Kundankulam n-plant to generate over 700 MW next week

Kundankulam n-plant to generate over 700 MW next week

Indian atomic energy regulator has allowed the Nuclear Power Corp of India Ltd (NPCIL) to increase the power generation of the first unit at Kudankulam up to 75 percent, said a top official. According to an industry source, the unit is expected to generate around 720 MW early next week. “We have given permission for […]

Pomp and pageantry as India celebrates 65th Republic Day

Pomp and pageantry as India celebrates 65th Republic Day

Pomp, pageantry and patriotic fervour were in the air Sunday as the 65th Republic Day was celebrated across the country with flag hoisting ceremonies, military parades, cultural extravaganzas and pledges to work for a better India. The celebrations were peaceful barring a minor bomb blast triggered by militants near the residence of Manipur Chief Minister […]

It’s time for crossing over in Kerala politics

With the Lok Sabha elections around the corner, Kerala has begun witnessing the phenomenon of shifting of loyalties from one political party to another in the past few days. The Janadhipathya Samrakshana Samithi (JSS) party, founded by veteran communist leader K.R. Gowri in 1994 after she was ousted from the CPI-M, saw a split in […]

Parrikar takes on AAP for R-Day comment

Parrikar takes on AAP for R-Day comment

Goa Chief Minister Manohar Parrikar Sunday launched a scathing attack on the AAP, saying those who sought to lower the prestige of the country’s Republic Day should be “driven out” by the society. Parrikar, who was addressing an inaugural function of a school here, said: “People who are thinking of degrading India’s Republic Day should […]

Agree with president’s comments on anarchy: BJP

Agree with president’s comments on anarchy: BJP

jpThe BJP Sunday said it agreed with President Pranab Mukherjee that anarchy cannot replace governance, and termed it significant he touched on the topic in his address to the nation on the eve of Republic Day. “I totally agree with the president. In independent India, people have faith in the system, and people know that […]

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