RBI, finance ministry talk contingency plan for May 16

Shimla, May 16 (ANI): RBI Chief Raghuram Rajan has stated that it is prepared to deal with any excessive volatility from election results to be unveiled on Friday. The RBI will also be ready to deal with any volatility in the rupee, Rajan said this during a news briefing in Shimla after discussing the contingency plans with the finance ministry and the stock market regulator. On inflation, Rajan said food prices were still a concern. May 16, 2014

Istanbul protest after blast kills hundreds of miners

A protest is held near Taksim Square in Istanbul as anger at Turkey's government boiled over Thursday after at least 283 workers died in one of the worst mining accidents in modern history. Duration: 00:55 May 16, 2014

British FM tells Syria: More aid will go to opposition

Western and Arab nations vowed Thursday to step up assistance for Syria's moderate opposition, while the US said "raw data" suggested chlorine had been used as a chemical weapon in the conflict. Duration: 00:52 May 16, 2014

Kerry warns Russia,'proxies' against Ukraine interference

The United States and European partners are ready to impose tougher sanctions against Russia if it seeks to disrupt Ukraine's upcoming presidential elections, US Secretary of State John Kerry warned Thursday. Duration: 00:58 May 16, 2014

Demonstration in Ramallah for the 66th anniversary of the Nakba

Palestinians gathered in Ramallah to commemorate the 66th anniversary of the "Nakba", meaning "catastrophe", in reference to the birth of the state of Israel which led to the displacement of hundreds of thousands of Palestinians. Duration: 01:02 May 16, 2014

Wildfires in California force evacuation of thousands

Thousands of people fled raging wildfires in roasting southern California on Wednesday as flames destroyed homes and triggered evacuations at a nuclear power plant, a military base and an amusement park. Duration: 00:48 May 16, 2014

Protesters call for net neutrality ahead of key US vote

Protesters gathered outside the Federal Communications Commission in Washington on Thursday ahead of a vote which could pave the way for a two-speed internet, allowing providers to speed-up the delivery of paid content. Duration: 00:46 May 16, 2014

EC bans victory processions in UP, Congress welcomes

New Delhi/ Lucknow, May 15 (ANI): Election Commission on Thursday banned victory processions after the announcement of poll results in UP. Chief Electoral Officer of the state, Umesh Sinha said that the poll panel also tightened security across the state in order to prevent any violence on Friday. High alert has been sounded in 20 districts, including those in the western parts of the State that have been identified as "sensitive" following intelligence reports of threat to law and order. Welcoming the move, Congress leader Meem Afzal said that it is good that the panel has taken cognizance of the violence that took place earlier in the state. May 15, 2014

AIADMK expels K Malaisamy for suggesting alliance with NDA, TRS too follows suit

New Delhi/ Hyderabad, May 15 (ANI): AIADMK Chief and Tamil Nadu Chief Minister J Jayalalithaa on Thursday expelled former MP K Malaisamy from the party for suggesting that she would support Narendra Modi led NDA government. His expulsion came a day after his remark on the possibility of ties between BJP's PM candidate Narendra Modi and Jayalalithaa after the announcement of election results on May 16. Jayalalithaa said that Malaisamy was expelled because he had acted in violation of party's principles and ideologies. And that he has brought disrepute and bad name to the party. Meanwhile, Telangana Rashtra Samithi (TRS) chief K Chandrashekar Rao's daughter K Kavitha also said that the party is not keen to support BJP-led NDA after the result announcement as they had 'some issues' with the NDA. May 15, 2014

Luscious varieties of 'King of Fruits' lure crowds to Mango Festival in Goa

Goa, May 15 (ANI): The ongoing Mango Festival in Goa drew a huge crowd of visitors from across the country to savor the delicious taste and tempting flavour of the fruit that is rightly dubbed the 'King of Fruits.' The festival which began on May 13, has been organized by the Directorate of Agriculture, Government of Goa and National Horticulture mission and will conclude today. Around 60 varieties were on display, including the Alphonso, Totapuri, Malgoa and Bhishma, besides others. Interactive sessions and seminars were also held by experts who informed people about mango production technologies, ultra high density planting as well as pest and disease management. May 15, 2014

Special prayers across India for Modi's victory day before poll results

Patna /Kaushambi / New Delhi, May 15 (ANI): Special prayers were being held across India on Thursday for the victory of BJP's prime ministerial candidate Narendra Modi, a day prior to the results of the mammoth general election of the world's largest democracy. Major exit polls forecast BJP and its allies to sweep to a parliamentary majority in the world's biggest ever election. In Kaushambi district of Uttar Pradesh, BJP supporters conducting special prayers said they will continue till Modi takes over as the Prime Minister if BJP is elected to power. Supporters sat around the religious fire along with an idol of Modi, giving offerings to the fire and chanting hymns. Meanwhile, the scenario was no different in Patna and New Delhi with people holding banners and photos of Modi participating in the prayers. May 15, 2014

BJP and DMK reject possibility of alliance

New Delhi/ Chennai, May 15 (ANI): The BJP and the DMK both rejected the possibility of alliance for government formation on Thursday. While the BJP said they do not need the DMK's support, the regional party confirmed that they would support a secular party. May 15, 2014

Stock market prepared for volatility on polls result day: SEBI

Mumbai, May 15 (ANI): Chairman of Security and Exchange Board of India (SEBI) UK Sinha held a press conference in Mumbai where he talked about the market fluctuations and that they are now ready to handle any stress in the market towards the lead up to election results. Indian shares edged up on Thursday to near the record highs with a strong sign that Narendra Modi led NDA government will come to power. Sinha said that they are conducting daily tests on the market and their risk management program is answering well to the tests and they are satisfied with the results. May 15, 2014