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 […]

Policeman gets three-year jail term for throwing baby

Policeman gets three-year jail term for throwing baby

A Chinese police officer was sentenced to three years in prison Tuesday for causing intentional injury to a seven-month-old baby. According to the Henan Provincial Higher People’s Court, Guo Zengxi of the public security bureau was convicted of the crime of causing intentional injury to the baby, Xinhua reported. On July 18, 2013, Guo took […]

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 […]

Nepali Congress elects Sushil Koirala its PM candidate

Nepali Congress elects Sushil Koirala its PM candidate

The Nepali Congress, the largest party in parliament, Sunday named its president Sushil Koirala as its prime ministerial candidate, clearing a major hurdle in the formation of a new government in the Himalayan nation two months after the constituent assembly elections. The Nepali Congress emerged as the largest political party in last year’s Nov 19 […]