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October 30, 2012 5:16 PM

Super-storm Sandy sweeps into US East Coast, claiming over 13 lives

Super-storm Sandy has swept into the US East Coast with hurricane force winds, bringing flooding, cutting power and claiming at least 13 lives. Sandy caused a record surge of seawater in New York City, flooding subway and road tunnels and plunging much of Lower Manhattan into darkness.An estimated 5...

October 30, 2012 1:56 PM

New Minority Minister favours quota for backward Muslims

New Minority Affairs Minister K Rahman Khan strongly favours reservation for backward Muslims as well as for Dalits among Christians and Muslims. The minister also intends to carry forward reforms in the administration of Wakfs across the country and bring a revised bill for this in the Winter Sessi...

October 30, 2012 1:48 PM

RBI cuts CRR by 0.25%, keeps key rates unchanged

The Reserve Bank of India released the second quarter review of monetary policy 2012-13. In order to release liquidity into the system to support growth and credit lending to productive sectors the RBI has reduced the Cash Reserve Ratio - CRR by 25 basis points from 4.50 per cent to 4.75 per cent. T...

October 30, 2012 1:30 PM

13 killed as Superstorm Sandy slams into New Jersey coast

At least 13 people have been killed as megastorm Sandy battered the US East Coast today with fierce winds and heavy rain, uprooting trees, power lines and plunging several areas in darkness. Sandy, one of the biggest storms ever to hit the US, battered the coastline of New Jersey, where a large numb...

October 30, 2012 1:16 PM

13 killed as Superstorm Sandy slams into New Jersey coast

In United States, at least thirteen people feared killed in New Jersey, New York, Mary Land and Pennsylvania and Connecticut when devastating superstorm Sandy hit eastern coast line and hurled a record-breaking 13-foot (4-meter) surge of seawater at New York City this morning .Millions of residents ...

October 30, 2012 1:09 PM

Centre asks the States to make PDS efficient along with social audit

The Centre has asked the States to make Public Distribution System (PDS) efficient along with social audit. Addressing the two-day Conference of State Food Ministers in New Delhi today, the Minister of State for Food and PDS, Prof. K V Thomas said the processes for strengthening of Targeted Public D...

October 30, 2012 1:00 PM

Govt expects 250 mln tonne foodgrains output in 2012-13: Pawar

The Agriculture Minister Sharad Pawar today said that country's foodgrains production is expected to fall by nearly 3 per cent at 250 million tonnes in 2012-13 crop year after making up with better prospects in rabi season. Foodgrains production stood at an all-time high of 257.44 million tonne...

October 30, 2012 11:31 AM

RBI cuts CRR by 0.25 per cent to 4.25 per cent

In order to release liquidity into the system to support growth and credit lending to productive sectors, the Reserve Bank of India, RBI, has reduced the Cash Reserve Ratio, CRR by 25 basis points from 4.50% to 4.25%. The RBI has said that this cut in CRR will immediately release 17,500 crore rupees...

October 30, 2012 11:28 AM

RBI lowers GDP growth forecast for 2012-13 to 5.8 % from 6.5 %.

The Reserve Bank of India on Tuesday cut cash reserve ratio by 0.25 per cent to 4.25 per cent, and left the repo rate unchanged at 8 per cent.Reserve Bank has decided to inject Rs 17,500 crore of liquidity into the banking system by CRR cut. RBI lowers GDP growth forecast for 2012-13 to 5.8 % from 6...

October 30, 2012 9:37 AM

Fresh changes in Land Acquisition Bill draft

The government has made fresh changes in the draft Land Acquisition Bill . Under the change , the level of consent of landowners for acquiring land for private purpose has been made stiffer following a suggestion from UPA Chairperson Sonia Gandhi.Disclosing the changes in the measure in New Delhi on...

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