RBI hikes key policy interest rates by 0.25 percent

The Reserve Bank of India (RBI) Tuesday hiked key policy interest rates by 0.25 percent to tame inflation. The move could make home, automobile and other loans costlier and further dampen industrial growth. The repo rate that banks pay when they borrow money from the RBI to meet their short-term fund requirements, was increased to […]

Kundankulam n-plant to generate over 700 MW next week

Indian atomic energy regulator has allowed the Nuclear Power Corp of India Ltd (NPCIL) to increase the power generation of the first unit at Kudankulam up to 75 percent, said a top official. According to an industry source, the unit is expected to generate around 720 MW early next week. “We have given permission for […]

Pomp and pageantry as India celebrates 65th Republic Day

Pomp, pageantry and patriotic fervour were in the air Sunday as the 65th Republic Day was celebrated across the country with flag hoisting ceremonies, military parades, cultural extravaganzas and pledges to work for a better India. The celebrations were peaceful barring a minor bomb blast triggered by militants near the residence of Manipur Chief Minister […]

It’s time for crossing over in Kerala politics

With the Lok Sabha elections around the corner, Kerala has begun witnessing the phenomenon of shifting of loyalties from one political party to another in the past few days. The Janadhipathya Samrakshana Samithi (JSS) party, founded by veteran communist leader K.R. Gowri in 1994 after she was ousted from the CPI-M, saw a split in […]

Nepali Congress elects Sushil Koirala its PM candidate

The Nepali Congress, the largest party in parliament, Sunday named its president Sushil Koirala as its prime ministerial candidate, clearing a major hurdle in the formation of a new government in the Himalayan nation two months after the constituent assembly elections. The Nepali Congress emerged as the largest political party in last year’s Nov 19 […]

Parrikar takes on AAP for R-Day comment

Goa Chief Minister Manohar Parrikar Sunday launched a scathing attack on the AAP, saying those who sought to lower the prestige of the country’s Republic Day should be “driven out” by the society. Parrikar, who was addressing an inaugural function of a school here, said: “People who are thinking of degrading India’s Republic Day should […]

Agree with president’s comments on anarchy: BJP

jpThe BJP Sunday said it agreed with President Pranab Mukherjee that anarchy cannot replace governance, and termed it significant he touched on the topic in his address to the nation on the eve of Republic Day. “I totally agree with the president. In independent India, people have faith in the system, and people know that […]

Form government within week, says Nepal president as Maoists opt out

Nepal President Ram Baran Yadav Sunday called upon all political parties to form a consensual government before Feb 2 under an elected prime minister, even as the Maoists, the third largest grouping in the newly-elected Constituent Assembly, said they will remain in the opposition but will help others in drafting the constitution. The president’s call […]

Republic Day celebrated in Poland

Braving a freezing minus 10 degrees Celsius temperature, the Indian community in Poland celebrated India’s 65th Republic Day here with great fervour. India’s Ambassador to Poland Monika Kapil Mohta unfurled the Tricolour and read excerpts from President Pranab Mukherjee’s address to the nation. “Each one of you is also an ambassador of India in Poland […]

Five kids killed in Pakistan blast

At least five children were killed in a bomb blast Sunday in Pakistan’s northwest tribal region, a media report said. The blast targeted a house in Baber Mela of Hangu district in Khyber Pakhtunkhwa province, killing two children on the spot and injuring three others who were playing near the house, Xinhua reported citing local […]