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August 1, 2013 7:31 PM

Cabinet approves amendment in RTI Act to exempt political parties

Cabinet has approved amendment in the RTI Act to exempt political parties from its ambit.It has also cleared FDI in Multi Brand retail through automatic route.It gives it nod to set up a Rail Tariff Authority for periodic revision of passenger fares.

July 31, 2013 9:01 PM

Govt to act boldly, decisively to revive economic growth

Prime Minister Dr. Manmohan Singh has said that government will act boldly and decisively to revive economic growth. Speaking at a book release function in New Delhi this evening, Dr. Manmohan Singh said that his government is committed to accelerate the pace of economic reforms. Observing that last...

July 30, 2013 1:50 PM

Army foils 2 infiltration bids along LoC in Kashmir, 2 militants killed

Army today foiled two infiltration bids along the Line of Control in north Kashmir's Kupwara district, killing two militants. The operation in the Macchil Sector of Kupwara district was going on till reports last came in.A defence spokesman said, the spokesman said another counter-infiltrationo...

July 30, 2013 1:28 PM

Bombay HC terms BCCI probe panel as unconstitutional and illegal

The Bombay High Court has termed the two-member probe panel formed by the BCCI to investigate IPL spot-fixing and betting scandal as unconstitutional and illegal. The court has asked BCCI to form a new probe panel.The panel`s report, which was submitted to the Working Committee of the BCCI in Kolkat...

July 30, 2013 12:57 PM

UPA Co-ordination Committee & CWC to discuss Telangana issue this evening

UPA Coordination Committee and Congress Working Committee are meeting in New Delhi this evening to take a final call on the demand for a separate state of Telangana. Hectic political parleys have been underway in the national capital for the last few days ahead of a crucial decision on Telangana.Con...

July 30, 2013 12:15 PM

RBI keeps key interest rates unchanged, cuts GDP forecast for FY'14 to 5.5%

The Reserve Bank of India has decided to keep all the key rates unchanged in its first quarter monetary policy review for 2013-2014 today. The repo rate has been kept unchanged at 7.25 per cent. Consequently, the reverse repo rate will remain unchanged at 6.25 per cent, and the marginal standing fac...

July 30, 2013 11:55 AM

RBI keeps key interest rates unchanged, cuts GDP forecast for FY'14 to 5.5%

Weighed down by a weak rupee, the Reserve Bank today chose to keep all key interest rates unchanged and asked the government to take urgent steps to reign in the high current account deficit.The repo rate or the rate at which RBI lends to the system, has been retained at 7.25 per cent and the cash r...

July 29, 2013 5:21 PM

Fin Min says, Central bank also needs to look at growth

A day ahead of RBI's monetary policy review, Finance Minister P Chidambaram, today, said the mandate of a central bank is not only to ensure price stability but also to promote growth and generate employment. Stating he did not expect any hike in interest rates by the commercial banks, the Fina...

July 29, 2013 9:12 AM

IPL spot fixing: BCCI's probe panel gives clean chit to CSK, RRs

Chennai Super Kings, Rajasthan Royals and its co-owner Raj Kundra and India Cements have been given a clean chit by the two-judge probe panel set up to enquire into the IPL spot-fixing and betting scandal.BCCI Vice-President Niranjan Shah told reporters in Kolkata yesterday that the panel, comprisin...

July 29, 2013 8:22 AM

Grenade attack injures 15 people including 2 policemen in Assam

In Assam, 15 persons including two police personnel were injured in a grenade blast near the Paltan Bazar police station area in Guwahati last evening. Central Western Range IG Police, L R Bishnoi suspected that the Paresh Baruah faction of the banned outfit ULFA triggered the blast with the help of...

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