News

Prepared for volatility after record surge in markets: RBI Chief

New Delhi, May 14 (ANI): Indian markets are so confident the BJP led by Narendra Modi will win the country's elections that brokers fear anything short of a decisive victory could spark the worst sell-off in years. Reacting over this, RBI governor Raghuram Rajan said that measures are in place to check any kind of volatility in the markets in next few days. Rajan said this after meeting Finance Minister P Chidambaram, who asked regulators to remain alert and take necessary actions to curb excessive volatility. Exit polls for the world's biggest election indicate that voters have turfed out the coalition government led by the Congress party, which has presided over a slump in economic growth and been troubled by a string of corruption scandals.

May 14, 2014

NDA will get 300 seats in LS, 55 in UP: Amit Shah

New Delhi, May 14 (ANI): The BJP-led National Democratic Alliance (NDA) is tipped to form the next government with many exit polls projecting a clear majority for the coalition in the just-concluded Lok Sabha elections. BJP leader and a close confidant of the party's prime ministerial candidate, Narendra Modi, Amit Shah claimed that the NDA would get seats close to 300, with Uttar Pradesh contributing the maximum of 50-55 seats to the final tally.

May 14, 2014

Politicos view Obama's statement as compliment to nation's democracy

New Delhi, May 14 (ANI): Political leaders greeted US President Barack Obama's reiteration that the White House looks forward to working with India's new government as a compliment to Indian democracy. Obama commended India on the success of holding the largest democratic election on Monday (May 12), and added that the US looks forward to working with the new government. Media relations RSS, Ram Madhav viewed the statement of the American President as a compliment to Indian democracy. Congress leader Satyavrat Chaturvedi commented on the respect that India commands globally, citing the peaceful manner in which the election was conducted in the world's biggest democracy. However, BJP leader Balbir Punj said that the statement is no concession, rather an admission of error of judgement towards Narendra Modi.

May 14, 2014

Turkey coal mine explosion kills more than 200, hundreds trapped

Families wait for news of the missing as anger starts to rise following a deadly explosion that has killed and trapped hundreds in a mine in western Turkey. Duration: 01:36

May 14, 2014

A new video released by Islamist militants Boko Haram claims to show kidnapped Nigerian school girls, to have converted to Islam.

Nigeria Signals Readiness to Talk to Boko Haram Rebels

Nigeria's government signalled a willingness on Tuesday to negotiate with Islamist militants holding more than 200 schoolgirls, a month after the kidnapping that has provoked global outrage.

May 14, 2014

Separatists Kill Seven Ukraine Soldiers in Heaviest Loss for Kiev Forces

Pro-Russian separatists ambushed Ukrainian troops on Tuesday, killing seven in the heaviest loss of life for government forces in a single clash since Kiev sent soldiers to put down a rebellion in the country's east.

May 14, 2014

as-syrias-war-enters-its-fourth-year-the-regime-eyes-victory

France says Syria used Chlorine in 14 Recent Attacks

Syria may have used chemical weapons involving chlorine in 14 attacks in recent months, French Foreign Minister Laurent Fabius said on Tuesday, expressing concerns that Syrian President Bashar al-Assad is hiding toxic weapons.

May 14, 2014

Turkish Coal Mine Explosion Kills over 150, Hundreds Trapped

An explosion and fire in a coal mine in western Turkey killed at least 151 miners and trapped hundreds more on Tuesday, with the death toll expected to rise in the country's worst mining accident for more than two decades.

May 14, 2014

CNN's Ukraine is in Pakistan goof-up (YouTube screenshot)

News Giant CNN's On-Air Geographical Blunder Pins Ukraine in Pakistan

The geographical mix-up was quickly spotted and a user put it up on YouTube. It soon started trending on Twitter as well.

May 13, 2014

US Sends Manned Spy Aircraft to Find Kidnapped Nigerian Schoolgirls

In its aid to the Nigerian government to find the schoolgirls abducted by terrorist outfit Boko Haram, the United States (US) has sent a manned surveillance aircraft and is also sharing the related imageries with the Nigerian authorities, the American government has stated on 12 May.

May 13, 2014