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Bhubaneswar: The budget session in the state legislature which begins on February 14 is all set to be rocky in the wake of large-scale irregularities in the procurement and supply of pulses (dal). While the Opposition Congress and BJP have chalked out strategies to floor the government on the alleged multi-crore dal scam, the ruling […]

Colombo: The Sri Lankan top-order batsmen got some good practice ahead of the World Cup as they thrashed minnows Netherlands by a huge 156 run margin in a warm-up match at the Sinhalese Sports Club ground, here on Saturday. The home team scored a massive 351 for five in 50 overs and then bundled out […]

Mumbai: Aditya Birla Group company Hindalco Industries has registered eight per cent rise in its net profit at Rs 460 crore for the third quarter ended December 31, 2010 amid higher aluminium prices. The company`s net sales and operating revenue increased by 12 per cent at Rs 5,975 crore in Q3 FY 11 driven by […]

Colombo: Ramnaresh Sarwan hammered an aggressive 123 as West Indies recorded an emphatic 61-run win over Kenya in their World Cup warm-up game, here on Saturday. Sarwan played sheet-anchor after his side were reduced to 65 for four in the 20th over to take West Indies score to 253 for eight in 50 overs after […]

Hyderabad: Launching an attack on Prime Minister Manmohan Singh with regard to 2G spectrum scam and other corruption cases, the BJP on Saturday accused him of "conspiracy of silence". "Whenever the opposition seeks to know from Manmohan Singh what action has been taken with regard to corruption, the only thing the Prime Minister says is […]

Cairo: A day after the ouster of Hosni Mubarak, the Egyptian military on Saturday banned top officials from travelling outside the country to ensure that former presidential loyalists don`t flee. The ban comes into force immediately, an official announcement from the new regime said as army removed barricades and barbed wires from around the Tahrir […]

Bangalore: Roaring metal birds and their intricate manoeuvres were the cynosure of all eyes at the Aero India show here which was opened for public viewing on Saturday. The crowd was eager to have a first hand experience of flying displays from top-notch aerobatic teams like `Surya Kiran`, `Sarang` and `Red Bull`. The breathtaking flying […]

New Delhi: India has entered into a pact with Bahamas for exchange of information to check tax evasion and money laundering. This is the fourth Tax Information Exchange Agreement (TIEA) — as it is known in the parlance of the Organisation for Economic Cooperation and Development (OECD) — signed by India. “India and Bahamas have […]

Mumbai: In spite of the turbulent market conditions, the State Bank of India on Saturday successfully concluded its debut five-year Swiss franc bond issue, raising 325 million (around Rs 1,500 crore). The bonds, largest-ever by an Indian entity, come under the SBI`s mid-term note (MTN) programme and carry a coupon of 3.375 per cent. The […]

Thiruvananthapuram: Home Minister P Chidambaram on Saturday said India and China were the only large nations which did not witness negative growth and showed high positive growth during the period of global recession. "Banks in the United States collapsed like a house of cards during the period of international financial crisis. Banks collapsed in Europe […]

New Delhi: Maintaining that no "proper" consultations were held with stakeholders before finalising the Press and Registration of Books and Publication Act, the Indian Newspaper Society on Saturday said concerns of the industry should be addressed before the Bill is tabled in Parliament. Clarifying its position, INS President Kundan R Vyas said that the Ministry […]

Jalpaiguri: Amid simmering tension in violence-hit Darjeeling hills, Centre`s interlocutor for Darjeeling Vijay Madan on Saturday held talks with GJM president Bimal Gurung in an attempt to normalise the situation. The talks at Kumani, 85 km off here, were held at a time when the situation in the hills was limping back to normalcy even […]

Bangalore: India`s spin wizard Harbhajan Singh on Saturday took devotees at a temple here by surprise when he prayed for his team`s victory in the World Cup. Ahead of tomorrow`s practice match against Australia, the feisty off-spinner, who is currently attending the camp here for the World Cup, took time off and visited the Shaneshwar […]

Chennai: Chief Election Commissioner S Y Quraishi on Saturday favoured a ban on opinion polls before elections, saying they affected poll prospects of political parties. "Though exit polls had been banned, opinion polls are still allowed and political parties are hit by it," Quraishi said at a seminar on "Electoral and Political Reforms" here. Underlining […]

Mumbai: India`s foreign exchange reserves went up by USD 243 million to USD 299.415 billion in the week ended February 4, driven by an increase in its foreign currency assets (FCAs). The total reserves had stood at USD 299.17 billion in the week before. FCAs, the biggest component of the total foreign reserves, were up […]