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May 3, 2011 1:38 PM

RBI raises short term lending & borrowing rate to check inflation

In a bid to check inflation, the Reserve Bank of India today raised the repo rate and the reverse repo rate by 50 basis points, each. Announcing its annual credit policy, the Reserve Bank increased its repo rate, or its short-term lending rate to commercial banks to 7.25 per cent, and its reverse re...

May 3, 2011 12:59 PM

High alert across country over killing of Osama

Centre has issued high security alerts in view of possible threats following the killing of Al-Qaeda Chief Osama Bin Laden by US forces in Pakistan. The government has asked all the States to beef up security in and around the places having American or Jewish installations. The Home Ministry has ask...

May 3, 2011 12:20 PM

World leaders welcome killing of Laden

The killing of the dreaded terrorist and founder of Al Qaeda, Osama bin Laden has been hailed the world over.India has described it as a milestone in the global war against terror. In a statement Prime Minister Dr. Manmohan Singh hoped that it will deal a decisive blow to the Al Qaeda and other terr...

May 3, 2011 12:16 PM

Peaceful voting for 4th phase of Assembly polls is underway in WB

In West Bengal, peaceful voting is on for the fourth phase of Assembly elections in 63 seats covering East Midnapore, Howrah, Hooghly and parts of Burdwan districts. Around 40 per cent polling was recorded in the first four hours. The State Chief Electoral Officer, Mr. Sunil Gupta told our Kolkata C...

May 3, 2011 12:12 PM

Stalemate continues between striking pilots and AI Management

The stalemate between the pilots and Air Management entered the seventh day today, with neither side willing to budge from their respective positions. The matter will come up for hearing again in the Delhi High Court today. The Court had yesterday directed the pilots to end their strike immediately ...

May 3, 2011 8:54 AM

Govt. to talk striking AI pilots only if they end strike and return to work

Civil Aviation Minister Vayalar Ravi, said the government will talk to the striking Air India's pilots only if they end their agitation and report to work. The minister also said that government will wait andabide by the court's order in the Contempt of Court proceeding initiated on the pl...

May 3, 2011 8:51 AM

Voting for 4th phase of Assembly polls begins in WB amid tight security

In West Bengal the voting has begun in 63 seats covering East Midnapur, Hooghly, Howrah and parts of Vurdwan districts amidst tight security. Over one crore 26 lakh voters will decide the fate of 366 candidates. Altogether 15,711 polling booths have been set-up in four districts. Besides one special...

May 3, 2011 8:50 AM

World leaders welcomes killing of Al Qaeda Chief

The killing of the dreaded terrorist and founder of Al Qaeda, Osama bin Laden has been hailed the world over. India has described it as a milestone in the global war against terror. In a statement Prime Minister Dr. Manmohan Singh hoped that it will deal a decisive blow to the Al Qaeda and other ter...

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