India News

The India-Pakistan Joint Mechanism on Terrorism on Tuesday held its first meeting here with New Delhi focusing on the involvement of Pakistan-based elements in incidents of terrorism on its soil, including the Mumbai blasts.

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The government is likely to lose about Rs 4,900 crore revenue in a full year after the cut in customs duty on many items over the past few months as part of measures to check rising prices.

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The Delhi High Court on Saturday reserved its verdict on a petition challenging the method of reserving constituencies for women and scheduled caste candidates by the Delimitation Commission for the coming election of the Municipal Corporation of Delhi (MCD).

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Following a reported incident of assault and manhandling of a resident doctor at radiology department in New Civil Hospital at Majura Gate, Junior Doctors' Association (JDA) went on indefinite strike from Sunday.

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The tax burden on benefits from employees' stock option plan (ESOP) may be shifted on employees, treating it as perquisite in their hands. In the Budget,

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The government's huge allocation of Rs 969 crore for AIDS control programme may not set the cash registers ringing for drug companies.

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The stock markets bounced back on Tuesday with the benchmark Sensex recovering over 304 points in early trade, largely on the back of revival of buying by domestic as well as foreign funds, triggered by firming Asian markets.

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No we are not discussing about the worst pick-up lines used in our ‘Bollywood fillums’ here, if that’s what you guys are thinking. A ‘mistaken identity’ is what we are talking about.

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Is an unborn child a consumer entitled to insurance coverage? Law recognises a pregnant woman as a consumer, but can the foetus in her womb be considered a separate entity in respect of insurance claims? Yes, said a recent ruling by a Maharashtra consumer court.

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A Pune magistrate on Monday sent seven of the 280 revellers caught from a rave party to police custody for four days while sending the others to magisterial custody in a harsh order, probably without precedent, that came in for criticism from lawyers.

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An injured Pakistani militant, who escaped from the scene of a gunbattle, and four of his local associates have been arrested in Baramulla district.

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Assembly elections in Uttar Pradesh are round the corner, but Chief Minister Mulayam Singh Yadav is busy with the presidential elections scheduled in July.

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Uttar Pradesh Chief Minister Mulayam Singh Yadav’s cup of woes seems to be overflowing.

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The ripples of the Pune rave party case were felt in Bangalore on Tuesday after it was revealed that many of the 271 students arrested there are actually from Bangalore.

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Congress President Sonia Gandhi has said that spiralling prices could have been a factor behind the party's defeat in Punjab and Uttarakhand.

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From the last Sunday of this month — March 25 — flying during peak hours is likely to become costlier by about 10%.

The government proposes to increase the charges on airlines operating at Delhi, Mumbai and Bangalore airports during 7am-10am and 6pm-10pm.

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A fire at a 20,000 bpd refinery run by state firm Indian Oil Corp Ltd in the northeastern state of Assam has shutdown its crude distillation unit (CDU), IOC's director of refineries said on Tuesday.

"There was a small fire last night, it looks like due to a pump seal leak. So we have shutdown the CDU. The rest of the units are working," BN Bankapur said.

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One of the two factions of the Jharkhand Mukti Morcha in West Bengal has given a call for a 12-hour statewide bandh in protest against the killing of JMM MP Sunil Mahato.

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An injured Pakistani militant, who escaped from the scene of a gunbattle, and four of his local associates have been arrested in Baramulla district.

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The rupee may extend losses on Tuesday after it fell to its lowest level against the dollar this year in the previous session on worries of capital outflows after stocks fell to their lowest level in five months.

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Acting swiftly on Supreme Court's directive, the CBI on Monday began a probe against Uttar Pradesh chief minister Mulayam Singh Yadav and some his family members for allegedly amassing property disproportionate to their known sources of income.

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FOLLOWING the 2,000-point (14%) correction in the Sensex, the P/E has fallen 18 times the one-year forward earnings. While that may provide some relief to investors, it has reinforced the fact that the Indian equity market is the most expensive emerging market after China (refer table).

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Even as the government has reduced its grants to Prasar Bharati further in this year’s Budget, the Planning Commission has said that the public broadcaster needs a capital infusion of Rs 9,431 crore over a period of ten years to get fully restructured.

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A major fire that broke out at the Guwahati Refinery late on Monday was brought under control with oil experts launching a probe to investigate the cause of the blaze, officials said on Tuesday.

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The first meeting of the Joint Indo-Pak Anti Terror Mechanism begins in Islamabad on Tuesday. The mechanism was set up after the Havana meeting between PM Manmohan Singh and President Pervez Musharraf.

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