News

Indian Rupee, BSE, NSE Decline on Global Risk Aversion and Weak Asian Markets

On Friday, besides the Indian Rupee; BSE Sensex and NSE Nifty opened lower by 2.68 points and 10.2 points, after gaining for the third day on Thursday.

Jul 18, 2014

Arun Jaitley to present Delhi_s budget

New Delhi, July 18 (ANI): Finance Minister Arun Jaitley will present the Delhi_s budget in parliament on Friday as the city assembly has been kept under suspended animation and the President Rule is in force. Ahead of presentation of Delhi_s budget by Jaitley, the city unit of BJP urged him to provide power subsidy to consumers. Delhi BJP President Satish Upadhyay urged Jaitley to grant Rs 800 crore as power subsidy saying people are burdened with very heavy electricity bills. The Sheila Dikshit government had provided subsidy of Rs 1 per unit for consumption between 0-200 units and 200-400 units for several years. In the union budget, Jaitley had allocated Rs 700 crore to Delhi to help overcome the problem of power transmission and water distribution system. Jaitley had proposed Rs 500 crore for reform in the water sector while Rs 200 crore has been set aside for reform in the power sector.

Jul 18, 2014

Bill Clinton interacts with UP village taken by Clinton Foundation

Lucknow, July 18 (ANI): Former US President Bill Clinton visited a village near Lucknow city during which he interacted with school students and women availing the benefits of the Clinton Foundation. Clinton visited the sleepy Jabrauli village, 30 kiliometers off Lucknow and took part in a Clinton Foundation Health Initiative programme, involving children and their mothers. Clinton told women they can empower themselves through self help groups and overcome their poverty. Legislator of Uttar Pradesh Assembly, Chandra Rawat, hoped that the village would prosper as it was adopted by the Clinton Foundation. Elaborate security arrangements were made for Clinton_s visit. Earlier, Clinton also visited the pink city of Jaipur in Rajasthan. He is scheduled to travel to Vietnam, Indonesia, Papua New Guinea and Australia to take stock of the work of the Clinton Foundation.

Jul 18, 2014

Absence of bridge force tribals in Maoist hotbed to remain cut-off from all amenities during monsoon

Latehar, July 18 (ANI): Swelling of river waters and absence of bridge force tribals in Maoist hot bed of Latehar district in Jharkhand to remain cut-off from all amenities for over three months during monsoon season. Chorha and Lai are two of the 14 villages in Chorha Panchayat that lie between the two rivers- Koel and Chaupath. Demand for a bridge to the mainland by these villagers has been going on unheard for over a decade, as they get cut off from all amenities for more than three months. A school girl Ankita Kumari said that students face hardship as they miss regular classes due to absence of bridge on the river.

Jul 18, 2014

Israel launches ground invasion of Gaza

Bengaluru/ Gaza, July 18 (ANI): Gaza city was rocked by a sequence of blasts in the early hours of Friday, as Israel launched a Gaza ground campaign after 10 days of bombardments from the air and sea failed to stop militants_ rocket attacks, stepping up an offensive that already has taken a heavy toll on civilian lives. Prime Minister Benjamin Netanyahu said in a statement late on Thursday that he had given orders to destroy tunnels that militants use to infiltrate Israel and carry out attacks. Meanwhile, back in India, Urging the central government and the United Nations to take a call on the ongoing Gaza crisis, locals in Bengaluru city of Karnataka took to streets to show solidarity for the victims. International calls for a ceasefire have grown as the death toll has mounted in the worst flare-up of Israeli-Palestinian violence for almost two years, sparked by the murder of three Israeli teenagers and revenge killing of a Palestinian youth.

Jul 18, 2014

Malaysia Airlines crash in Ukraine killing 295 aboard

Hrabove, Ukraine, July 18 (ANI): A Malaysian airliner was brought down over eastern Ukraine killing all 295 people aboard and sharply raising the stakes in a conflict between Kiev and pro-Moscow rebels. The plane was enroute to Kuala Lumpur from Amsterdam, and it is being said that it was shot down. Australian Prime Minister Tony Abbott said on Friday that _Russian-backed rebels_ were apparently behind the shooting down of a Malaysia Airlines passenger jetliner. Ukraine_s state security chief has accused Russian military intelligence officers of involvement with pro-Russian rebels in the downing of the airliner on Thursday, but Western leaders have until now been less quick to assign blame. Russian President Vladimir Putin also expressed sorrow for the loss and blamed the region_s military conflict in general. Meanwhile, US President Barack Obama also offered his condolences.

Jul 18, 2014