17:56
SC admits appeal against Ayodhya verdictSensex closes below 17,000; IT biggest loserIT hiring could fall by 1/4th after US downgradeGovt nod to debate on Maken's NDA-Kalmadi comment Omar orders probe in civilian encounter deathOil spill from sunk MV Rak has decreasedGoldman Sachs upgrades India...
17:39
The aviation ministry believes there may be problems finding a new CMD as nobody wants to accept the appointment.
17:37
Just in: Air India CMD Arvind Jadhav likely to be sacked over the losses the national carrier has been facing. The aviation ministry to start the process soon.
16:47
Rediff.com's Vicky Nanjappa says the crisis in Karnataka has blown over for now with both the factions coming to an agreement and deciding to swear in 21 cabinet ministers at 5.30 pm today. However, the Reddy brothers including Sriramulu do not find mention in the list of 21, although a clear...
16:40
The Supreme Court today admitted two more petitions challenging the Allahabad High Court verdict of three-way division of the disputed RamJanmabhoomi-Babri Masjid site in Ayodhya.A bench of justices Aftab Alam and R M Lodhat tagged the petitions with the main case on which it had stayed the...
16:19
From the Firstpost.com: The Sensex closed (provisionally) 315 points lower at 16,990. The Nifty closed at 5,119, 92 points down. IT, realty and metal stocks were under considerable pressure throughout the trading session. On the BSE, the realty index was the biggest loser, surrendering nearly 5...
16:07
Film and TV producer Ekta Kapoor, who was detained for questioning after being found with undeclared branded goods worth Rs 1 lakh at the Mumbai airport, has been released after coughing up Rs 53,000 in the form penalty,fine and customs duty.Kapoor was intercepted last night while she was walking...
16:05
Apparently every police station in Kolkata is blasting Rabindra Sangeet on Mamata Banerjee's strict instructions. The West Bengal chief minister declared today a holiday to mark the death anniversary of poet Rabindranath Tagore.
15:58
Hiring activity in the Indian IT sector, one of the biggest employers in the country, could fall by about one-fourth due to the downgrade of the USA'scredit rating and the deepening economic crisis, experts said. It might take at least 5-6 months for the recruitment activities of the IT...
15:22
Telecom minister Kapil Sibal addressing a press conference now, slams the Opposition for disrupting proceedings in Parliament. Says the government has never said no to discussion or debate, but the BJP is insistent that it wants to disrupt proceedings. Sibal says the...
15:13
Jammu and Kashmir Chief Minister Omar Abdullah today said two securitymen have been arrested in connection with the killing of a civilian in an allegedfake encounter in Poonch district. The Army yesterday claimed to have killed a Pakistani militant and divisional commander of Lashker-e-Taiba, Abu...
15:01
Quick read from MK Bhadrakumar's blog: The dramatic shift in the UK's energy policy toward Russia speaks volumes about geopolitics of energy in times of recession. The British energy minister Charles Hendry caused a flutter Sunday with his seemingly innocuous statement that London has no...
14:57
Francesco Quinn, son of movie star Anthony Quinn, died on Friday of a suspected heart attack. He was just 48. Quinn played a variety of roles as a result of his multiethnic background, which included Mexican, Irish and Italian ancestry. Read
14:55
England's Ministry of Defence is investigating claims that a soldier allegedly sliced fingers off a dead Taliban militant to keep as souvenirs. It is understood the allegations relate to a soldier from the Argyll and Sutherland Highlanders (an infantry battalion) who was serving in...
14:49
In the Independent: Whether for soft drinks, hair oil or make-up, India's celebrities are making a fortune in endorsements. Read
14:45
Indian actress Freida Pinto has revealed that though she is living all over the world'' nowadays, she wants to own a house in Mumbai one day. The star, who grew up in Mumbai and rose to fame with Danny Boyle''s 2008 Oscar-sweeping film 'Slumdog Millionaire', said she invested some money on a flat...
14:37
Background of that tweet about London. The Independent says that more than a 100 people have been arrested after bouts of rioting and looting broke out across London overnight. Emergency services were deployed to respond to copycat criminal activity across the capital late last night and early...
14:33
Journalist Christina Lamb on Twitter: Riots spreading across north London with looting & burning - 1st time i remember getting a travel warning about my own city.
14:32
US Vice President Joe Biden will embark on an official visit to China from August 17 to 22 to strengthen ties with Beijing, Chinese Foreign Ministryannounced today. During the visit, which comes in the wake of China criticising Obama administration for failing to solve its debt crisis after...
14:29
In the Nation today, the decision of Standard & Poor's to remove the United States from its list of risk-free borrowers by shifting the country's rating from AAA to AA-plus was a predictable enough play out of the absurd debt-ceiling debate. Read
14:19
A Nato helicopter crashed in Afghanistan today, but there were no apparent casualties, reports Reuters. It was another stark reminder of the dangers of the war after 38 people were killed in an air incident, the largest single loss for foreign forces in 10 years.
14:09
Nice read from the Middle East Media Research Institute on women's soccer and basketball teams in Saudi Arabia trying to gain recognition.
14:05
The oil spill from cargo vessel MV Rak off the Mumbai coast has decreased in quantum as compared to yesterday even as the authorities continued their efforts to neutralise resultant environmental pollution. Freighter MV Rak sank off Mumbai coast four days ago leaking oil and Coast Guard ships...
13:56
Goldman Sachs today upgraded India to market weight from underweight, given a likely turn in the macro cycle, lower oil prices, lower valuation, and policy reform. Read the report on Reuters.
13:54
News flash: L&T says June-quarter net profit Rs 7.46 billion vs consensus forecast of Rs 7.2 billion.
13:53
Sports Minister Ajay Maken, who blamed the NDA for the appointment of Suresh Kalmadi as CWG Organising Committee Chairman, went into a huddle today with two of his predecessors Mani Shankar Aiyar and M S Gill, minutes before the Rajya Sabha had to reassemble for Zero Hour. Both Houses of...
13:48
Vicky Nanjappa adds that Katta Subramanya Naidu has been arrested by the Ulsoor Gate police immediately after his bail plea was cancelled. He was picked up along with his son Katta Jagadish and has been remanded to judicial custody. The Lokayukta police have filed a chargesheet running into...
13:37
Vicky Nanjappa reports that the Lokayukta Court has summoned former Karnataka chief minister BS Yeddyurappa to appear before it on August 27. In another case, former minister in the BJP government, Katta Subramanya Naidu may be remanded to judicial custody after the special court cancelled his...
13:32
Harvard scholar Lobsang Sangay was today sworn in as the new Prime Minister of the Tibetan Government-in-exile, succeeding the Dalai Lama as themovement's political leader.Sangay (43), who replaces Samdong Rimpoche as Kalon Tripa (Prime Minister) of Tibetan Central Administration, was...
13:04
Toral Varia reports that the National Investigation Agency (NIA) has received documents from the US on Tahawwur Hussain Rana. Rana, was acquitted on charges of plotting the 26/11 Mumbai attacks, but was found guilty of supporting Pakistan-based terror group Lashkar-e-Toiba and planning a...
12:46
Amid the stock market bloodbath today, Foreign Direct Investment (FDI)into India saw a whopping 310 per cent increase in June to USD 5.65 billion, the highest monthly inflow in the last 11 financial years, indicating the revival of investor confidence in the Indian economy.In June, 2010, FDI...
12:43
From the ditzy to the prosaic. Vicky Nanjappa reports that the Karnataka High Court has directed former Chief Minister, B S Yeddyurappa to place before it the report prepared by Dr U V Singh on the basis of which the Lokayukta had been prepared. The court while hearing a petition filed by...
12:35
On the Daily Beast, Hollywood's favorite redhead, Lucille Ball, would have turned 100 on Saturday. The US is celebrating, from a marathon of I Love Lucy episodes to a festival of hundreds of Lucy look-alikes. The comedienne's remarkable life in photos. See
12:25
RTI activist Pramodanand exposed police constable Prashant Pawar taking a bribe from a man on a scooter. Unlike most of us, who watch and go away, Pramodananad shot a video and used the footage to lodge a formal complaint with the Police Commissioner's office. The cop however, appears to have...
12:20
The Parliament has been adjourned till tomorrow after the BJP's demand that Sheila Dikshit be sacked over the CAG and Shunglu reports on the Commonwealth Games.
12:07
Asif Ezdi's column in the International News. According to the Indian media, the top Chinese foreign policy official, State Councillor Dai Bingguo, last month assured Sitaram Yechury, a leader of the Communist Party of India, that Beijing is not opposed to a permanent seat on the UN Security...
12:02
In Parliament today, Leader of the Opposition in the Lok Sabha Sushma Swaraj said the party would, seek the ouster of Delhi Chief Minister Sheila Dikshit. We will not allow Parliament to function. She should go.The CAG, in its report, has indicted Delhi chief minister for the Commonwealth Games...
11:42
Not entirely surprising, but a State of the Nation Poll conducted by CNN-IBN & CNBC-TV18 reveals that Rahul Gandhi has emerged as the most popular political leader and the preferred choice as the next Prime Minister.Read
11:38
On Friday, Standard & Poor's stripped the US of its top credit rating. On Saturday, S&P President Deven Sharma spoke with The Wall Street Journal. Excerpts.
11:33
In the UK, children aged seven, joined in the orgy of mob violence and destruction that engulfed Tottenham. Saturday's savagery in North London caused 100million damage, reports the Sun. Cops have so far made 56 arrests and on Sunday, there was looting and in South and East London.Read...
11:28
In the US, a man ran through his neighbourhood today shooting eight people, including his girlfriend and her brother, before he was shot and killed inan exchange of gunfire with police, authorities said. Eight people, including the gunman, were killed. Witnesses said at least one of the...
11:23
From Firstpost.com: The short-term is bleak for stocks; only gold is bullish. So, what should you do? Read
11:13
Just in: Parliament has adjourned till noon after uproar over the CAG indictment of the Delhi government in the CWG projects.
11:12
The London Olympics organisers' move to name controversial Dow Chemical Company with the blood of Bhopal on its hands as a sponsor of the 2012 Games has sparked outrage amongst campaigners fighting for justice.The London Organising Committee of the Olympic Games has announced that Dow Chemical...
11:08
Here's how blue-chips fared in the stock market this morning. Infosys, RelianceIndustries and TCS went into a tailspin on the bourses today as investors abandoned their holdings in companies that rely heavily on exports after the US lost its top-notch credit rating.Reliance Industries, the...
10:55
Also read: Our interview with Mohammed Hanif a couple of years ago.
10:54
An excerpt from Mohammed Hanif's new book, that goes with the unusual name: Our Lady of Alice Bhatti.Alice Bhatti has just come out of prison and is looking for a second chance. She's hungry, tough, and full of fight, but being a Catholic in Karachi means she also needs good luck. A lot of it....
10:50
NDA gives privilege notices in Parliament over Sports Minister Ajay Maken's statement on Commonwealth Games. Maken had held that the NDA government should be held responsible for sacked CWG OC chief Suresh Kalmadi's appointment saying that the word 'government appointee' in the bid document was...
10:44
Early this morning, stocks on key Asian exchanges dropped modestly on what is likely to be an eventful day in world markets, following Standard and Poor's downgrade of the US credit rating. In early Tokyo trading, the Nikkei index fell 124 points, or 1.3%. South Korea's KOSPI index slipped 1.6%....
10:40
Bahujan Samaj Party has expelled its candidate from Lucknow central assembly constituency, Fakir Siddiqui, from the party. BSP supremo Mayawati has expelled Siddiqui, candidate for the forthcoming state assembly elections, from the party for not taking interest in problems being faced by the...
10:33
Coal India and Sun Pharma to replace RInfra and RCom in Sensex from today.
10:13
Shares of IT companies, which earn a major chunk of their revenue from the US and the Europe, fell sharply on the bourses today on concerns over the US losing its top-notch credit rating due to mounting debts. All the three top IT companies -- TCS, Wipro and Infosys -- witnessed a huge fall in...
10:09
United Nations chief Ban Ki-moon, who is on a visit to the tsunami and earthquake-ravaged Japan, has said the damage at the Fukushima nuclear plant serves as a reminder that even the best-prepared nations need to improve their capacity to prevent and cope with such disasters.Expressing the United...
10:09
Indian stocks plunged deep into the red this morning as the Sensex lost more than 500 points within minutes of the market opening on concerns over the US losing its top-notch credit rating due to mounting debts. The 30-share benchmark index dropped within minutes of opening to 16,793.07 points,...
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