India News

A series of explosions rocked busy shopping markets in the heart of the national Capital this evening.

The first blast took place in the main bazaar of Paharganj near the New Delhi Railway Station in the Capital at around 5:30 pm (IST).

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BJP's sidelined leaders Shatrughan Sinha, Yashwant Sinha and Madan Lal Khurana on Saturday came together to float Poorvanchal Kranti Dal.

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Punjab National Bank (PNB) today reported a 2.3% increase in net profit at Rs 422.04 crore for the second quarter ended September 30, 2005 as against Rs 412.55 crore in the quarter ended September 30, 2004.

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The Pondicherry Agro Service and Industries Corporation (PASIC) would soon bring out herbal mineral water, Minister for Agriculture A Namasivayam has said.

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Reliance Industries Chairman and Managing Director Mukesh Ambani today said India will overtake China in GDP growth rate within the next two years.

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The Congress Party has dismissed findings by an inquiry that it benefited from the United Nations oil-for-food programme in Iraq.

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India's foreign exchange reserves dipped to $143.09 billion in the week ended Oct 21 as overseas fund inflows into the domestic market slowed down, the Reserve Bank of India (RBI) said Saturday.

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Jet Airways India today reported a 11.4% decline in net profit at Rs 68.59 crore for the second quarter September 30, 2005 as against Rs 77.42 crore in the quarter ended September 30, 2004.

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The Kerala Government has made it clear that it will not tolerate use of `third-degree' measures by the police under any circumstances. Superintendents of Police (SPs) will be made responsible for any such acts that take place in their areas of jurisdiction.

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The hearing in the Ayodhya demolition case, in which BJP President L K Advani and VHP chief Ashok Singhal are among the accused, was deferred to Dec 10 as no witness turned up at the court on Saturday.

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Senior Congress leader and former Union Minister HKL Bhagat died in a city hospital on Saturday afternoon after prolonged illness, party sources said.

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The Election Commission has ordered the sealing of India's border with Nepal and Bihar's borders with neighboring Uttar Pradesh and West Bengal in view of Maoist guerrillas' threat to disrupt the third phase of the state assembly poll on Nov 13.

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Cable TV operators, beware! Principals of local women’s colleges could be keeping tabs on what you are showing in your localities. They will be part of the monitoring committees being set up by the I&B Ministry in every district of India to check transmission of pornographic programmes on cable TV networks.

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A red alert has been declared in Kerala against bird flu by the Animal Husbandry department as the state is a favored home of migratory birds which could spread the disease.

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Mumbaikars are sucking out a staggering Rs 240 crore every day from ATMs alone, with withdrawals spiking 25 to 100 per cent over normal levels at several ATMs.

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India and Pakistan on Saturday held talks to finalise modalities for providing relief and medical assistance to earthquake victims on both sides of Kashmir through the LoC.

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Announcing a 15.9 percent rise in income for the second quarter of this fiscal, India's largest carmaker Maruti Udyog Ltd Friday said it will set up 15 world-class driving schools in the country.

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Hundreds of police and paramilitary personnel were put on duty Saturday as Prime Minister Manmohan Singh arrives here on a daylong visit to lay the foundation stones for two landmark projects in the region.

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."Now students will not have to attend any political rally and stand for hours hearing the leaders in scorching sun or in biting cold winter," said a government official.

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If the government has its way, the Indian business process outsourcing (BPO) industry will not be held liable for any leakage of confidential client data.

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India’s economy is more balanced than China’s and the country can sustain over 7 per cent growth for a long period of time, according to Stephen S Roach, managing director and chief economist of Morgan Stanley and one of Wall Street’s most influential economists. 
 
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GAIL (India) Ltd, PowerGrid Corporation Ltd and RailTel today entered into a strategic alliance to share bandwidth infrastructure. The three companies together will have the second largest bandwidth capacity after Bharat Sanchar Nigam Ltd (BSNL).

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The Assam government has agreed to conduct a CBI enquiry into the clashes ethnic clashes between the Karbi and the Dimasa tribes in the state.

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Air Sahara has reportedly kept the valuation between $750 million and $1 billion. In contrast, prospective buyers are quoting anything between $400 million and $550 million.

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Four persons were killed and at least a dozen injured in an explosion in Polan Bazar area in Godhra on Friday night.Police said the explosion possibly took place at a tea vendor kiosk where a large number of people had gathered at around 9.30 pm.

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Southern Andhra Pradesh is expected to see more rains for sometime after a weakened cyclone made landfall in Ongole on Friday.But rains in northern Tamilnadu, which escaped the path of the cyclone, have subsided.
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Sixteen members of a wedding party, mostly women, were killed and more than 20 others injured when a mini lorry carrying them collided with a state transport corporation bus at Asur road near Thuvakudi, about 25 km from here early this morning.

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Sanjiv Goenka, vice-chairman of the RPG Group at a city function, announced a combined investment package including an international management institute and a lifestyle complex.

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For Star Plus, the second round of Kaun Banega Crorepati (KBC 2) has managed to garner a total of 10 crore calls and SMSes in 65 episodes, and this through its cellular partners BSNL and Airtel.

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Close on the heels of a massive win for the BJP in the panchayat and municipality elections, state BJP president Vajubhai Vala on Friday suspended two BJP rebel MLAs — Siddharth Parmar and Rakesh Rav — for alleged antiparty activities.

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Polling began this morning amidst heavy security in seven 'super sensitive' constituencies in Bihar where polls were deferred due to security reasons on October 26.

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Jammu and Kashmir Chief Minister Mufti Mohd Sayeed is likely to tender his resignation today to make way for the new chief minister in the state.

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If Vodafone's Arun Sarin wanted to illustrate why mobile telephony and India are meant to be, he could not have hoped for a better press conference yesterday. Half way through, the power cut out in Delhi and the lines went down. Sarin was forced to call back on his mobile. "As was evident, mobiles are better than the wire service here," Sarin said.

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Sourav Ganguly has not been picked up for the next three one-dayers against Sri Lanka.The chairman of selectors Kiran More addressed the media and said that at this point they did not want to change a winning combination.

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The state-owned Mahanagar Telephone Nigam Ltd (MTNL) has suffered a loss of 15.4 per cent to Rs 167.89 crore for the quarter ended September 30 this year as compared to Rs 198.47 crore for the similar period a year ago.

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A spat over Jharkhand's refusal to provide iron ore for a major steel plant coming up in West Bengal has led the latter to seek Prime Minister Manmohan Singh's intervention to ensure regular mineral supplies.

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A huge 'jatha' comprising 3,000 Sikhs from India will cross the Wagah borer on November ten, to pay obeisance at Nankana Sahib Gurdwara and other shrines in Pakistan.

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Reliance Industries Ltd (RIL), the private refiner with a 33 million tonne capacity, will give a Rs 750 crore-discount on LPG and kerosene to public sector retailers in 2005-06. It will also give a 40 per cent discount on petrol and diesel on quantities sold by it to PSU marketeers.

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Rahul Gandhi could soon be a member of the Congress Working Committee as demands that Sonia Gandhi nominate the entire CWC has got a fresh momentum with AICC members from virtually all states pleading with the party chief on the issue.

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The revision in diesel and petrol prices has helped Indian Oil Corporation get back into the black in the second quarter of 2005-06, though its subsidiary, IBP Ltd, and Bharat Petroleum Corporation Ltd, continued to be in the red during the period.

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Seven coaches of Repalli- Secunderabad Janata passenger train have derailed.Railway authorities are not confirming the exact number of casualties, though the figure is feared to be close to 16.

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