RBI hikes ECB limits by $10 billion

RBI hikes ECB limits by $10 billion

New Delhi, Monday, June 25, 2012: To arrest the rupee slide, RBI on Monday increased FII limit in government bonds to USD 20 billion, while allowing up to USD 10 billion from overseas borrowings by India Inc for refinancing rupee loan. Long term investors like Sovereign Wealth Funds (SWFs), multilateral agencies, endowment funds, insurance funds, […]

HC dismisses case against police in Koothuparamba firing case

      Kochi, Monday, June 25, 2012: Kerala High Court on Monday dismissed the cases booked against police officials inconnection with Koothuparamba police firing incident. The incident happened November 1994 in which five DYFI activists were killed in police firing to quell violence in connection with the visit of the then Minister M.V. Raghavan […]

Opposition stages walkout over price hike

Opposition stages walkout over price hike

Thiruvananthapuram, Monday, June 25, 2012: CPM led LDF opposition on Monday staged a walkout in the Assembly protesting against Speaker G Karthikeyan’s refusal to entertain an adjournment motion in connection with the price hike of essential commodities in state. Replying to the notice for the motion moved by C.Diwakaran, Chief Minister Oommen Chandy informed the […]

Titanium corruption case: Vigilance seeks more time

Titanium corruption case: Vigilance seeks more time

Thiruvananthapuram, Monday, June 25, 2012: Vigilance on Monday sought three more months time to to submit its report on Titanium corruption case. Vigilance has filed a request regarding this. It is alleged that there was corruption in connection with the sanctioning of a project and purchase of equipment for Travancore Titanium Products Ltd during the […]

7 Indians missing off Oman coast

7 Indians missing off Oman coast

Dubai, Monday, Jun 25, 2012: Seven Indians on board a fishing boat have gone missing from Masirah waters in Oman and may have been kidnapped by pirates, a media report has said. According to the report, coast guards in the country have been informed and the hunt is on to locate them despite adverse weather […]

Delhi Police arrests 26/11 accused at IGI Airport

Delhi Police arrests 26/11 accused at IGI Airport

New Delhi, Monday, June 25, 2012: In a major catch, the Delhi Police claim to have arrested Indian Mujahideen member Sayeed Zabi-ud-Deen alias Zabi Ansari alias Riyasat Ali – one of the six handlers involved in the 26/11 operation – from the Indira Gandhi International Airport. India had also secured an Interpol Red Corner notice […]

Massive fire breaks out at Dastageer Sahib shrine

Massive fire breaks out at Dastageer Sahib shrine

Srinagar, Monday, Jun 25, 2012: A massive fire has broken out in a 200-year-old heritage Sufi shrine of Dastageer Sahib. The incident happened on Monday morning reportedly close to 6 am. Fire tenders have been rushed to the area. There is considerable anger among locals since it took a long time for officials to act […]

Two more taken into custody in TP murder case

Two more taken into custody in TP murder case

Kozhikode, Monday, June 25, 2012: The Special Investigation Team Monday took two more persons into custody in connection with the murder of RMP leader T P Chandrashekaran. The police took CPM Muzhakunnu local secretary Kariyath Valsan and local commitee member Karayi Sreedharan into custody. The two were taken into custody for arranging accommodation for Kodi […]

Rajya Sabha poll begins

Rajya Sabha poll begins

Thiruvananthapuram, Monday, June 25, 2012: Elections to three Rajya Sabha seats in Kerala began here on Monday, with four candidates in the fray. In the 140-member House, the UDF has 73 MLAs, including the Speaker, and the LDF 67. Sitting Congress member P J Kurien is one of the contenders. The UDF has put up […]

Pak PM retains most members of Gilani’s cabinet in his govt

Pak PM retains most members of Gilani’s cabinet in his govt

Islamabad, Saturday, June 23, 2012: Pakistan’s new Prime Minister Raja Pervez Ashraf retained most key members of former premier Yousuf Raza Gilani’s cabinet in the same positions as he allocated portfolios among his council of ministers. Hina Rabbani Khar retained the Foreign Ministry while Qamar Zaman Kaira returned to the Information Ministry while Naveed Qamar […]