News

indias-retail-inflation-accelerates-in-january-but-stays-below-rbis-target

India's retail inflation accelerates in January, but stays below RBI's target

New Delhi, Feb 13 (ANI): India's retail inflation accelerated in January after shifting to a new base year for calculating prices, but stayed well below the Reserve Bank of India's (RBI) target, bolstering prospects for further interest rate cuts. Consumer prices rose an annual 5.11 percent compared with a 4.28 percent gain in December, the statistics department said on Thursday (February 12) after it changed the base year for measuring inflation to 2012 from 2010. Under the old series, inflation was reported at 5 percent in December. The revamped index carries a higher weight for education and health services, but has a lower weight for food and fuel items, which authorities say better reflects changing consumption patterns. The RBI aims to keep inflation at or below 6 percent in the period to January 2016 and is widely expected to resume its monetary easing after Finance Minister Arun Jaitley presents his annual budget on February 28. Feb 13, 2015
authorities-demolish-temple-built-to-worship-pm-modi

Authorities demolish temple built to worship PM Modi

Rajkot, Feb 13 (ANI): Local authorities in Gujarat have demolished the temple built to worship Prime Minister Narendra Modi. Hundreds of Modi's followers in Rajkot donated funds for a temple that featured a seated statue of Modi and was topped with a wind gauge shaped like a lotus, the symbol of his Bharatiya Janata Party (BJP). Earlier on Thursday Modi had said he was appalled that some of his supporters had built a temple to worship him, adding that such an act contradicted tradition. Modi's reaction had unnerved some of those involved in the temple project and one of the men who donated funds for temple building, Ramesh Undhad, had said the followers would now dedicate the temple to 'Mother India'. Feb 13, 2015
violence-in-venezula

Violence in Venezula

EDITORS PLEASE NOTE: EDIT CONTAINS MATERIAL THAT WAS ORIGINALLY 4:3 Police in Venezuela fire rubber bullets to disperse anti-government protesters. Several people were injured. The demonstration in Feb 13, 2015
chaos-in-south-africas-parliament

Chaos in South Africa's parliament

Scuffles in South Africa's parliament -- opposition lawmakers are removed by force after disrupting President Jacob Zuma's annual address. Several people were injured. Moments earlier, members of Feb 13, 2015
apple-growers-cheer-fresh-snowfall-in-kashmir

Apple growers cheer fresh snowfall in Kashmir

Srinagar, Feb 13 (ANI): Fresh spell of snowfall in Jammu and Kashmir brought respite for farming community, especially to apple-growers as it eliminated impending threat of damage in production. Paddy as well as fruit growers of valley expressed satisfaction over the moderate snowfall, saying it would provide the required impetus to agriculture in the state. The valley already has limited water resources for agricultural activities and most of the times the channels remain dry. Snowfall brings in hope of replenishing water bodies. The crops vulnerable to dry weather conditions are apples, apricots, almonds and paddy. Agriculture in Kashmir Valley is a major source of income for residents and most of the population depends on this sector. Feb 13, 2015
merchandise-of-aap-chief-selling-like-hotcakes-in-rajkot

Merchandise of AAP Chief selling like hotcakes in Rajkot

Rajkot, Feb 13 (ANI): Aam Aadmi Party's landslide victory in the recently concluded Delhi elections has quietly made inroads into shops in Rajkot where merchandise of the party chief and chief minister-designate Arvind Kejriwal are being sold like hotcakes. Kejriwal's AAP swept Delhi assembly elections on Tuesday by bagging 67 of the 70 Assembly seats, the biggest ever tally for any party in the capital. In view of the huge demand, shops are stocking up poll-related memorabilia like coffee mugs and key chains with either Kejriwal's name or image imprinted on them. Kejriwal is to be sworn-in as chief minister on Saturday, exactly an year after he resigned as chief minister of the capital, last year. Feb 13, 2015
Prev 5561 5562 5563 5564 5565 5566 5567 5568 5569 5570 Next