Decisive poll results positive for India’s ratings: Moody’s

New Delhi, May 19 (IANS) A landslide victory for Narendra Modi-led Bharatiya Janata Party (BJP) in the just concluded general election is “credit positive” for India’s sovereign profile as well as corporate sector, ratings agency Moody’s said Monday. In a report related to credit outlook, Moody’s said the new government’s strong mandate, which shows an overwhelming […]

11 DMK men arrested for assaulting journalists

Chennai, May 19 (IANS) Tamil Nadu police Monday arrested 11 DMK cadres for attacking journalists assembled near party treasurer M.K. Stalin’s house Sunday, police said. According to police, the 11 arrested persons have been remanded to 14 days judicial custody and have been sent to Vellore prison. Three journalists were injured in the attack by the […]

AAP MPs meet Kejriwal to discuss strategy in Punjab

New Delhi, May 19 (IANS) All four AAP MPs, who were elected from Punjab in the recently concluded Lok Sabha election, met party chief Arvind Kejriwal Monday to discuss the party’s strategy in the state, said a party leader. The newly-elected MPs — actor-comedian Bhagwant Mann (Sangrur), Sadhu Singh (Faridkot), Harinder Singh Khalsa (Fatehgarh Sahib) and […]

BSP wipeout: Is Mayawati losing touch with her vote bank?

New Delhi, May 19 (IANS) The Narendra Modi-led BJP wave has left many political parties reeling, but perhaps the most surprising has been the demolition of the Bahujan Samaj Party. Party chief Mayawati has blamed the wipeout on support to the UPA government; but has the feisty former chief minister lost touch with her vote bank? […]

Reforms in land acquisition, taxation needed: Report

Chennai, May 19 (IANS) Industry lobby Confederation of Indian Industry (CII) Monday said reforms in land acquisition, taxation and contract enforcement could lead to better business environment in India. “Indian industry hopes that the new government would accord due importance to this extremely important and urgent agenda that would help churn the wheels of investment and […]

Model code ceases to be operational

Chennai, May 19 (IANS) The Election Commission (EC) Monday said the Model Code of Conduct has ceased to be in operation following the completion of the Lok Sabha election process. The model code is enforced from the date the Election Commission announces the poll schedule, Tamil Nadu Chief Electoral Officer Praveen Kumar said in a statement […]

Sensex surges 227 points; banking, capital goods stocks gain

Mumbai, May 19 (IANS) A benchmark index of Indian equities markets was trading 227.29 points or 0.94 percent up Monday as banking and capital goods stocks surged. Good buying was observed in banking, capital goods, oil and gas, metal and auto sectors, while selling pressure was seen in the IT sector. The 30-scrip Sensitive Index (Sensex) […]

Cloudy Monday likely in Delhi

New Delhi, May 19 (IANS) It will be a partly cloudy Monday in Delhi, the Met Office said. The minimum temperature was 24 degrees Celsius, two notches below the season’s average. “The sky will be clear in the morning but will become cloudy in the afternoon,” said an official of the India Meteorological Department. The maximum […]

Soldier killed, two injured in Jammu

Jammu, May 19 (IANS) A soldier was killed and two were injured in a guerrilla attack near the international border in Jammu and Kashmir Sunday, an official said Monday. Two soldiers were injured Sunday in a landmine explosion in the Akhnoor area of the international border in the state. Sources said a patrol party had gone […]