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October 27, 2009 8:55 PM

NCP-Congress differences delay government formation in Maharashtra

The differences over allocation of portfolios between the NCP and Congress are delaying the formation of government in Maharashtra. Senior NCP leader Ajit Pawar said in Mumbai on Tuesday that the portfolios should be shared according to the 1999 formula. AIR Correspondent reports that the NCP has th...

October 27, 2009 8:55 PM

NCP-Congress differences delay government formation in Maharashtra

The differences over allocation of portfolios between the NCP and Congress are delaying the formation of government in Maharashtra. Senior NCP leader Ajit Pawar said in Mumbai on Tuesday that the portfolios should be shared according to the 1999 formula. AIR Correspondent reports that the NCP has th...

October 27, 2009 8:36 PM

Rajdhani train freed; driver, assistant released; passengers safe

The New Delhi-Bhubaneswhar Rajdhani Special train which was stopped near Basnshtala in West Midnapur district today afternoon allegedly by the Maoists, has been freed. The Home Minister, Mr. P. Chidambaram said a shortwhile ago that the train as well as the passengers are safe. The driver and his as...

October 27, 2009 8:36 PM

Rajdhani train freed; driver, assistant released; passengers safe

The New Delhi-Bhubaneswhar Rajdhani Special train which was stopped near Basnshtala in West Midnapur district today afternoon allegedly by the Maoists, has been freed. The Home Minister, Mr. P. Chidambaram said a shortwhile ago that the train as well as the passengers are safe. The driver and his as...

October 27, 2009 8:36 PM

RBI keeps key policy rates unchanged; hikes SLR to 25 pc

Aiming to tackle inflationary pressures, the Reserve Bank today hiked the Statutory Liquidity Ratio, or the deposits that commercial banks are to park in government securities, by one percentage point, to 25 per cent.But the Reserve Bank left other key policy rates--the repo rate, the reverse repo r...

October 27, 2009 8:36 PM

RBI keeps key policy rates unchanged; hikes SLR to 25 pc

Aiming to tackle inflationary pressures, the Reserve Bank today hiked the Statutory Liquidity Ratio, or the deposits that commercial banks are to park in government securities, by one percentage point, to 25 per cent.But the Reserve Bank left other key policy rates--the repo rate, the reverse repo r...

October 27, 2009 5:50 PM

Sensex plunges 387 points

The Sensex at the Bombay Stock Exchange plunged 387 points, its biggest single day loss in over two months, at 16,353, today, after the Reserve Bank, in its quarterly credit policy review, asked banks to park more money in government securities and raised its inflation forecast. The Nifty at the Nat...

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