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RBI cuts CRR by 0.75 percentage points

To ease liquidity situation, the Reserve Bank today slashed CRR -- the portion of deposits banks are required to keep with the central bank -- by 0.75 percentage points, a step that will infuse Rs 48,000 crore into the economy. &quo

Man-next-door Parrikar returns as Goa CM

For BJP leader Manohar Parrikar, who was sworn in as Goa chief minister today, the third stint in the top post comes with no coalition strings attached following the party`s emphatic mandate in the assembly polls last week. The firs

Kishenji`s close aide Suchitra surrenders

Close Kishenji aide Suchitra Mahato, who had escaped after the Maoist topgun was killed last year, today surrendered with West Bengal Chief Minister Mamata Banerjee claiming the injured ultra responded to her government`s "offer of peace"

UP CM to be decided tomorrow

The Samajwadi Party, which won a spectacular majority in the assembly elections, today did nothing to dispel the raging speculation over who would be the next chief minister with leaders merely saying that the issue will be decided tomorrow.

Masood murder accused to appear before Indore court

Contract killer Irfan, accused of murdering Bhopal RTI activist Shehla Masood, has been taken to Indore to appear in a court today by a CBI team probing the case. Irfan was escorted by the CBI team from here under tight security las

TN panel mem endorses central group`s findings

Virtually endorsing the 15-member Central expert group`s findings giving the thumbs up to stir- hit Kudankulam nuclear project, senior atomic scientist and state panel member on the issue M R Srinivasan has said all concerns of locals over safety

Another IPS officer attacked in MP

A young IPS officer was attacked allegedly by liquor barons, including supporters of former BJP MLA Narendra Singh, in Bhind district when he tried to check illegal sale of liquor on a day when another promising officer was crushed to death allege

Cong to form govt in U`khand, parades MLAs before governor

Decks were today cleared for the formation of a Congress-led government in Uttarakhand with the governor saying that the party has the numbers after it paraded the three independent MLAs and the lone UKD legislator in its support before her.

Sena`s Prabhu elected Mumbai mayor

Shiv Sena corporator Sunil Prabhu was on Friday elected mayor of the Brihanmumbai Municipal Corporation, India`s richest civic body. At the elections held at the civic headquarters here, Prabhu polled 125 votes, defeating Sunil More of Con

UPCC chief Joshi offers to resign after poll debacle

Uttar Pradesh Congress chief Rita Bahuguna Joshi on Friday met Congress president Sonia Gandhi and offered to resign owning moral responsibility for the poll debacle. After meeting Gandhi for the first time after the poll results, Joshi to

Cong to stake claim to form govt in U`khand

Congress on Friday said its top state leaders would meet the Uttarakhand governor and stake claim to form a new government even as the BSP, which also holds key to government formation, kept its cards close to its chest. "We are going

Central expert group report on KNPP satisfactory: Panel

The central expert group`s report on the Kudankulam nuclear power plant issue has answered all questions raised by protestors and was satisfactory, a senior member of the Tamil Nadu government panel, appointed to look into concerns of the locals,

Alternative arrangements for booking: K`fisher

Crisis-hit Kingfisher airlines on Friday said it has made alternative arrangements for customers to book their travel on the carrier, in the wake of global airlines` body IATA suspending it from its platforms for non-clearance of dues. &qu

Cong, BJP claim they will form govt in U`khand

BJP and Congress jockey for power in Uttarakhand as the rival parties claimed on Thursday they will form the next government intensifying efforts to woo independents and BSP legislators to their side to muster the required majority. Congre

Either Mulayam or Akhilesh as UP CM: Ramgopal

Suspense mounted on the issue of chief ministership in Uttar Pradesh with a senior Samajwadi Party leader on Thursday saying that it has been left to Mulayam Singh Yadav to take a call on whether he will take on the mantle or entrust the task to h

Young IPS officer killed by mining mafia

In a horrific incident, a 30-year-old IPS officer was on Thursday mowed down by a tractor-trolley, being driven by an alleged member of the mining mafia, when he tried to stop the vehicle carrying stones in Morena district of Madhya Pradesh.

Parrikar to take oath as Goa Chief Minister today

Chief minister-designate Manohar Parrikar and six other legislators would be sworn in as ministers in Panaji on Friday. Senior BJP leaders including L K Advani and Sushma Swaraj will attend the oath taking ceremony that is being held at th

Why Rahul Gandhi bombed in UP and why we got it wrong

Collective wisdom often weaves its own logic. As a journalist I am quite aware of the risk of guessing the outcome of UP election 2012 which was characterised by so many variables and imponderables that it was almost like fishing in tsunami waters

Grateful to Mayawati for giving Cong credit: Digvijay

Congress leader Digvijay Singh today took a dig at Mayawati for her contention that his party was responsible for the defeat of BSP in the Uttar Pradesh Assembly polls. "We are grateful to Mayawatiji for giving Congress party t

Subbarao meets FM ahead of RBI`s policy review

Ahead of credit policy review and budget, Reserve Bank Governor D Subbarao today met Finance Minister Pranab Mukherjee and is believed to have discussed the macro-economic situation. The RBI is scheduled to announce the mid-quarterl

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