Hyderabad, June 18: Virtually sounding a warning to the striking Air India pilots, Civil Aviation Minister Ajit Singh said the government is not waiting for the pilots to return to work but making plans to move ahead. Reminding the pilots and other employees that their survival was linked to Air India, he said that nobody is going to give anymore public money to the airline and "they will not
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New Delhi, June 18: The Indian stock markets on Monday are expected to react positively to the Greece results and also domestic factors. The Reserve Bank of India will announce its mid-term credit policy review on Monday. Majority of bankers and economist polled by CNBC-TV18 say that the RBI will cut repo rate and reverse repo rate by 25 basis points. This means home loans could become cheaper
Kolkata, June 18: A day after supporting APJ Abdul Kalam as the presidential candidate on Facebook, Mamata Banerjee on Sunday raised her voice against "corruption and back-room dealings" on the social networking site. Her latest post on Facebook hinted that the last two days' hectic political activities over presidential poll had something to do with "money, power and scams". The Trinamool
New Delhi, June 17: Indians’ money in Swiss banks may have risen for the first time in five years, but they account for a meagre 0.14 per cent of total foreign wealth deposited there — putting India at 55th place globally for such funds. The total overseas funds in Switzerland’s banking system stood at 1.53 trillion Swiss francs (about Rs. 90 trillion) at the end of 2011, which included 2.18
Bangalore, June 17: It is celebration time for the State Assembly that turns 60 on Monday. The Assembly Hall will be the venue for a special function organised to mark the historic event. There are not many surviving members of the Assembly, who can give a peek into the initial days of the Assembly - only five of them are alive and they will go down memory lane at the function, where they will be
New Delhi, Jun 17: Strong reservations from key ally JD-U over pitting a candidate against UPA nominee Pranab Mukherjee today forced the NDA to defer its decision on the Presidential election. At a two-hour inconclusive meeting of the NDA, the JD-U is believed to have disavoured a fight against Mukherjee because of his stature but BJP is said to have been keen on backing former Speaker P A Sangma
New Delhi, June 17: Division in the NDA on the issue of Presidential candidate came to the fore with Shiv Sena today skipping the key meeting of alliance leaders here. "Shiv Sena chief Bal Thackerey will take a decision on the issue," said party leader Sanjay Raut, when asked about speculation that the Sena was against fielding any candidate against Pranab Mukherjee, UPAs Presidential nominee
New Delhi, June 17: Petrol price will come down by 92 paise while cost of diesel will go up by 37 paise from midnight Sunday in the capital, with the Delhi government issuing a notification adjusting the Value Added Tax (VAT) on the two fuels. Petrol will cost Rs 70.24 per litre from current Rs 71.16 per litre and diesel will cost Rs 41.28 per litre as against the current rate of Rs 40.91. "We
New Delhi, June 17: Ahead of the NDA's crucial meeting on the Presidential election, the BJP is veering round to the view that it should not allow the post to go uncontested. There are indications that at the NDA meeting, scheduled here for Sunday morning, the party will vigorously advocate the candidature of the former Lok Sabha Speaker, P.A. Sangma, who has already secured the backing of the
New Delhi, June 17: Ahead of his departure for the G 20 summit in Mexico, PM Manmohan Singh said Saturday that the ongoing economic crisis in Europe will further dampen global markets and adversely impact India's growth. Singh expressed hope that European leaders will take "resolute action'' to resolve the financial problems facing them. "This situation in Europe is of particular concern as Europe