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July 31, 2012 5:53 PM

Electricity grids in Northern, Eastern & North Eastern collapses

The failure of three electricity grids connecting more than 27 states and the National Capital, collapsed today, triggering major power crisis. The collapse left more than half of the country powerless. Essential services and public transport systems including Railways and Delhi Metro were also hit....

July 31, 2012 12:10 PM

RBI Qly monetary policy review:Key rates unchanged

Reserve Bank of India has decided to keep all the key rates unchanged in its first-quarter review of monetary policy 2012 - 2013. The cash reserve ratio (CRR) has been kept unchanged at 4.75 per cent while the policy repo rate has been retained at 8 per cent. Consequently, the reverse repo rate will...

July 31, 2012 12:03 PM

Govt committed to modernising armed forces: PM

The Prime Minister has warned that India cannot afford to rest keeping in view the political uncertainity in the immediate neighbourhood, unrest in the West Asia region and deteriorating situation in international perspective. Giving away the DRDO awards for the year 2011-12 Dr. Manmohan Singh today...

July 31, 2012 11:48 AM

RBI Qly monetary policy review :Key rates unchanged

Reserve Bank of India has decided to keep all the key rates unchanged in its first-quarter review of monetary policy 2012 - 2013. The cash reserve ratio (CRR) has been kept unchanged at 4.75 per cent while the policy repo rate has been retained at 8 per cent. Consequently, the reverse repo rate will...

July 31, 2012 11:44 AM

Home Min Chidambaram meets people in Dhubri relief camps

Home Minister P Chidambaram today visited violence hit Dhubri district of Assam. Chidambaram visited relief camps at Barkanda and Lakhiganj and met the people being sheltered there. The Home Minister said that all the inmates of relief camps can go home soon amidst full security. He also said that a...

July 31, 2012 11:31 AM

Key rates unchanged in RBI's 1st Qtr monetary policy review

Reserve Bank of India has decided to keep all the key rates unchanged in its first-quarter review of monetary policy 2012 - 2013. The cash reserve ratio (CRR) has been kept unchanged at 4.75 per cent while the policy repo rate has been retained at 8 per cent. Consequently, the reverse repo rate will...

July 31, 2012 9:15 AM

Olympics 2012 Badminton: Saina in pre-quarter finals of women's singles

India's top shuttler Saina Nehwal has romped into the pre-quarterfinals of the women's singles badminton event of the London Olympic Games. At the Wembley Arena in London last night, World Number Five Saina easily brushed aside the challenge of Belgium's Lianne Tan with a 21-4, 21-14 ...

July 31, 2012 9:10 AM

Persisting inflation and slow growth major challenges for monetary policy: RBI

The Reserve Bank of India has said that persistence of inflation and slow growth have emerged as major challenges for the monetary policy. In a report on macro economic and monetary developments, the RBI has said that there are increased risks on inflation scenario and lack of action on the fiscal f...

July 31, 2012 9:06 AM

Fodder Scam: J’khand HC orders day-to-day trial of 12 pending cases

The Jharkhand High Court has issued order for day- today trial of 12 pending cases of the Fodder Scam. A Division Bench of Chief Justice Prakash Chandra Tatia and Justice Jaya Rai has issued the order to all the Special Courts of the CBI. The Court expressed displeasure at the CBI after seeing the s...

July 31, 2012 9:03 AM

Power supply restored in Northern India after hrs of outage

The Electricity supply in the Northern parts of the country , was completely restored this evening. North India today suffered a power failure due to the grid disturbance paralysing normal life in eight states, including the national capital, for over 15 hours. The northern transmission grid collaps...

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