India

New Delhi, Sep 20: The government said Friday it will take further action on an internal report on the misuse of secret service funds by former Indian Army chief Gen. V.K. Singh after "careful examination" even as the BJP said the officer was being "hounded" for sharing the dais with Narendra Modi. As media reports quoted an army inquiry on Gen. Singh misusing secret funds to destablise the Jammu

Lucknow, Sep 20: In the first major arrest of a politician for the Muzaffarnagar violence, BJP MLA Suresh Rana was today apprehended by Uttar Pradesh police on charges of making provocative speeches to incite riots. Rana, who is BJP MLA from Thana Bhawan in riot-affected Shamli district, was arrested by Lucknow police while he was on his way to Gomti Nagar from the party office this evening

New Delhi, Sept 20: With arrival of imported onions in the wholesale market, prices of the kitchen staple today came down by Rs 10 but retail prices continued to remain high at Rs 70-80 per kg. According to traders, around 25 trucks carrying 1,500- 2,000 quintals of onions have arrived at the Azadpur Mandi. "With the additional arrival of onions from Afghanistan prices today fell by Rs 10 per kg

Ludhiana: A massive amount of gold and diamond jewellery weighing 170 kgs has been seized by sleuths of Punjab Taxation Department at Sahnewal airport in Ludhiana. "The executives of a private company were found carrying the diamond-studded jewellery and gold ornaments in a chartered plane yesterday," the State Taxation Department officials said today. They were asked to produce the documents

New Delhi, Sept 20: The government is likely to order a CBI inquiry into the alleged unauthorised operations and financial wrongdoings by a top secret intelligence unit set up by then Army chief Gen V K Singh. Sources said that the government has taken serious note of the report of a Board of Inquiry into the functioning of Technical Services Division (TSD) alleging misuse of position by Gen Singh

New Delhi, Sep 20: Days after sharing the dais with Gujarat Chief Minister and BJP PM candidate Narendra Modi, former Army chief General VK Singh is under scrutiny yet again. National daily 'The Indian Express' has claimed that General VK Singh set up a special unit in the Army which tried to topple the Jammu and Kashmir government. The Indian Express report claims that a secret Board of Officers

Mumbai, Sep 20: A hawkish RBI on Friday unexpectedly raised the policy rate by 25 basis points as it kept its focus on controlling inflation, which it felt would be above the expected levels in the current fiscal. RBI governor Raghuram Rajan in his maiden policy review, however, eased liquidity though a reduction in the marginal standing facility rate, at which banks borrow from the central bank

New Delhi, Sep 20: Reserve Bank governor Raghuram Rajan faces his first big test today as he delivers his maiden monetary policy. Having won universal applause for his "rupee speech", which resulted in a dramatic change in Street sentiments, there's hope that Dr Rajan will roll back some of the emergency measures, announced in July, that have been hurting Indian Inc. Ben Bernanke's surprise

New Delhi, Sep 19: In the first conviction after the Supreme Court struck down a law that provided immunity to MPs and MLAs from immediate disqualification, a Special CBI court today held Rajya Sabha member Rasheed Masood guilty in a case of corruption and other offences and he is set to lose his seat. Masood, Minister of Health in the VP Singh government between 1990 and 1991, was held guilty of

New Delhi, Sep 19: Eighteen years after its failed attempt, Tata group today joined hands again with Singapore Airlines to start a new full-service airline in India. Tata Sons, the holding company of most of the operating firms of the over USD 100-billion salt-to-software conglomerate Tata group, today signed an MoU with Singapore Airline under which it will own 51 per cent stake in the proposed