With improvement in food price situation, Indian Prime Minister`s economic advisory panel on Thursday favoured rate cuts by the Reserve Bank and hoped headline inflation, too, will fall below the projected 7 per cent by March- end. The Pri
Food inflation turned negative in late December for the first time in many years as prices of vegetables like onion and potato declined, a development that may prompt the Reserve Bank to go for rate cuts at its next monetary policy review later th
The supreme court on Thursday sought response from CBI and the enforcement directorate over the charge that they were going soft on companies like Essar, Loop and their promoters by not slapping corruption charges against them in the case arising
India`s food inflation entered the negative zone at (-) 3.36 percent for the week ended December 24 as prices of essential items like vegetables, onion, potato and wheat declined. Also read:
Parliamentary democracy was weakened decades ago when the government promoted the untested idea that if we privatise and sell the public assets, we can control corruption. Result? One percent corporate-driven politicians became more rich and more
Describing Sanskrit language as the "spirit of India", prime minister Manmohan Singh on Thursday said government will further strengthen efforts for promotion, development and enrichment of the ancient language. Addressing the 15
Gujarat chief minister Narendra Modi is likely to his Tamil Nadu counterpart J Jayalalithaa on January 14 in Chennai. Mosi will be in the southern state`s capital to attend the 42nd annual celebrations of the the Tamil weekly. Modi will be the chi
The supreme court on Thursday admitted the appeal filed by the CBI and the Gujarat government challenging the high court`s acquittal of 12 convicts in the sensational murder of former state home minister Haren Pandya. A bench of justices P
Anna Hazare will not campaign in the upcoming assembly elections, including in Uttar Pradesh, as announced earlier owing to his poor health, his close aide Kiran Bedi said on Thursday. "Anna is not going to campaign in the states. Ann
Madurai bench of the Madras high court on Wednesday directed the centre to consider a plea for setting up a full or circuit bench of the Central Administrative Tribunal (CAT). A bench comprising justices Chitra Venkataraman and R Karuppiah
The BJP was on Wednesday left with a huge embarrasment a day after inducting former Uttar Pradesh minister Babu Singh Kushwaha, whose house was raided by the CBI in the multi-crore NRHM scam, as friends and foes attacked the decision forcing the p
The city government on Thursday told the Delhi high court that it has made operational 66 temporary night shelters for homeless people, nine out of which are meant for the children. In its status report to a bench of acting chief justice A
In a major cost-cutting exercise, Kingfisher Airlines is believed to be considering options like job cuts and longer working hours for its staff, sources said, although the air carrier denied any layoff plans. Sources said the airline is l
A major fire swept through the cargo terminal of Indira Gandhi International (IGI) Airport in the wee hours of Thursday gutting offices of several international airlines but no cargo was lost. The blaze erupted between 12.45 AM and 1:00 AM
BJP today slammed the ministers of Delhi government for issuing "misleading" statements on regularisation of unauthorised colonies ahead of municipal elections and alleged the Congress was again going to play fraud with the people.
After rejecting army chief general V K Singh`s plea on his age issue, defence ministry seems to have moved on from the controversy as it formed a panel of officers for appointment of his successor. The defence ministry has formed a panel o
Wednesday`s CBI raids in connection with the Uttar Pradesh NRHM scam recovered more than Rs 1 crore in cash and three kg of gold from the residence of P K Jain, general manager of a subsidiary firm of the Uttar Pradesh Jal Nigam. The centr
The Delhi High Court today refused to stay a possible coercive process against Switzerland-based accused firm Swiss Timing for not putting in appearance in a graft case involving the award of a Commonwealth Games-related contract to it allegedly a
Like you, I’ve been wondering what the splash of those dandiya pictures of the Ambani bahus is all about. Is it just pure emotions at play? Unlikely! Is there more brewing, despite the initial thumbs down from the stock market
In a hurriedly called press conference on Wednesday, the Bharatiya Janata Party tried to wipe clean the egg on its face. A few hours after Mayawati’s tainted former minister Babu Singh Kushwaha joined the saffron party on Tuesday, there were
