Sensex closes in negative territory; capital goods stocks lose

Mumbai, May 21 (IANS) A benchmark index of Indian equities markets Wednesday closed in the negative territory for the first time after four straight sessions of gains. The benchmark index closed 78.86 points, 0.32 percent down – as capital goods, banks and healthcare stocks declined. Heavy selling pressure was observed in capital goods, banks, healthcare, consumer […]

Kejriwal sent to judicial custody

New Delhi, May 21 (IANS) A Delhi court Wednesday ordered former chief minister Arvind Kejriwal to be sent to judicial custody after he refused to furnish personal bail bond in a defamation case filed against him by BJP leader Nitin Gadkari.

India to spend $500 mn to boost capacity of drug regulators

Mumbai, May 21 (IANS) As part of efforts to ensure that Indian pharmaceutical products meet international standards, the government is spending about $500 million to build the capacity of the country’s drug regulators, a senior official said here Wednesday. National drug controller G.N. Singh said part of the money is to be used to set up […]

Kejriwal sent to judicial custody for two days

New Delhi, May 21 (IANS) Former Delhi chief minister Arvind Kejriwal was Wednesday sent to two-day judicial custody by a court after he refused to furnish a personal bail bond in a defamation case filed by BJP leader Nitin Gadkari. Metropolitan Magistrate Gomati Manocha fixed Friday as the next date of hearing. Manocha had asked him […]

Modi pays homage to Rajiv Gandhi on Twitter

New Delhi, May 21 (IANS) BJP leader and prime minister designate Narendra Modi Wednesday paid homage to late prime minister Rajiv Gandhi on his 23rd death anniversary in a message on social networking web site twitter. “My homage to former PM Shri Rajiv Gandhi on his death anniversary,” Modi wrote on Twitter. Rajiv Gandhi served as […]

Fire at Shastri Bhawan in Delhi

New Delhi, May 21 (IANS) A fire broke out Wednesday morning on the seventh floor of Delhi’s Shastri Bhawan that houses some union ministeries, an official said. The fire was reported at 9.40 a.m. Eight fire tenders were rushed. “We are yet to ascertain the reason behind the fire. No casualties have been reported so far,” […]

Naveen Patnaik sworn in as Odisha chief minister

Bhubaneswar, May 21 (IANS) Biju Janata Dal (BJD) president Naveen Patnaik was Wednesday sworn-in as Odisha chief minister for the fourth straight term. Governor S.C.Jamir administered the oath of office and secrecy to the 67-year-old leader at a ceremony attended by hundreds of party leaders, workers, officials and journalists at the Raj Bhavan in state capital […]

Hold fresh election in Delhi: AAP

New Delhi, May 21 (IANS) Aam Aadmi Party leader Arvind Kejriwal Wednesday sought fresh election in Delhi. Kejriwal said: “We have decided that we will prepare for the elections (in Delhi). We will go among the people.” The announcement comes just days after the Lok Sabha election got over. The AAP won four parliamentary seats in […]

Kejriwal meets AAP MLAs to discuss government formation

New Delhi, May 21 (IANS) AAP leader Arvind Kejriwal Wednesday met senior party members at his residence here to discuss the party’s future course of action on forming a government in Delhi. The meeting started 9 a.m. The Aam Aadmi Party (AAP) Tuesday told Lt. Governor Najeeb Jung that it wants to form the government in […]