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2G Scam: Yashwant Sinha writes to PM, says his silence 'suspicious'

IPL is den of gambling: Yashwant Sinha

The Indian Premier League (IPL) is a den of gambling, BJP leader Yashwant Sinha said Thursday and pressed for a detailed inqu…

  • Rupee pulls off 8-1/2 month lows as exporters sell Reuters
    Rupee pulls off 8-1/2 month lows as exporters sell

    By Subhadip Sircar MUMBAI (Reuters) - The rupee recovered from a more than 8-1/2 month low hit earlier on Thursday, as exporters took advantage of a spike in the dollar to sell the greenback and on fears the central bank would intervene to stabilise the local currency. The rupee still posted a fifth day of falls to mark its longest losing streak in over three months as worries about a potential pullback in the U.S. monetary stimulus programme and a weak manufacturing survey in China sparked a shift sway from riskier currencies. Any pullback on U.S. ...

  • Saudi Arabia confirms another death from SARS-like virus Reuters
    Saudi Arabia confirms another death from SARS-like virus

    DUBAI (Reuters) - Saudi Arabia has announced another death from the SARS-like novel coronavirus (nCoV) in its central al-Qassim region, bringing the total number of deaths in the kingdom to 17. A non-Saudi, whose nationality and age were not given, died on Tuesday, the Health Ministry said on its website late on Wednesday. It said he had been admitted to a hospital in al-Qassim several days ago with an "acute respiratory syndrome". "Most cases recorded so far are among elderly patients and people with multiple chronic diseases," it added. ...

  • Subbarao went against panel suggestion on rate cut Reuters
    Subbarao went against panel suggestion on rate cut

    MUMBAI (Reuters) - Reserve Bank of India Governor Duvvuri Subbarao went against the suggestion of a majority of external members of the central bank's monetary policy committee that recommended no change in repo rate at the annual monetary policy statement 2013/14 on May 3. The RBI cut the key policy repo rate for a third straight time in 2013 to 7.25 percent on May 3, pulling it to a two-year low, in a bid to revive slow growth and taking into account benign inflation reading. ...

  • Court to decide on Sterlite smelter case by end-May Reuters
    Court to decide on Sterlite smelter case by end-May

    NEW DELHI (Reuters) - A court will resume a hearing on Monday into complaints of emissions from India's biggest copper smelter plant, shut since end-March, but will take a decision before May 31, a judge said on Thursday. Imports have doubled and cable makers face a severe shortage of copper since authorities shut the plant, which meets half of India's demand and exports nearly 50 percent of its 30,000 tonnes of output to China, on complaints of emissions by local residents. ...

  • At least 18 soldiers, four Islamists killed in Niger - sources Reuters

    NIAMEY (Reuters) - At least 18 soldiers and four suspected Islamists were killed in a fierce gunbattle following a dawn car bomb attack at a barracks in the northern Niger town of Agadez, military sources and a local official said. "There are 18 soldiers and four attackers dead in Agadez," said one source. "One of the attackers has taken two or three soldiers hostage and is holed up in a house. We have him surrounded." (Reporting by Abdoulaye Massalatchi in Niamey and David Lewis in Bamako; Writing by Daniel Flynn; Editing by Andrew Roche)

  • Switching from scandals, Obama to address drones and Guantanamo Reuters
    Switching from scandals, Obama to address drones and Guantanamo

    By Jeff Mason WASHINGTON (Reuters) - President Barack Obama will seek to draw attention away from a series of domestic scandals with a speech on Thursday that defends the U.S. use of drones abroad and lays out a vision for closing the military prison in Guantanamo Bay, Cuba. ...

  • Wockhardt says FDA alert affects potential sales of $100 million Reuters
    Wockhardt says FDA alert affects potential sales of $100 million

    MUMBAI (Reuters) - Drug maker Wockhardt Ltd said up to $100 million in annualised revenue could be lost as a result of a U.S. Food and Drug Administration "import alert" on one of its plants, but said it should be able to restore most of that within 6 to 9 months by shifting production elsewhere. "That is a worst-case scenario," Wockhardt Chairman Habil Khorakiwala said, referring to the $100 million, in a conference call with reporters. Wockhardt shares fell 20 percent on Thursday to their lowest level in more than seven months after the U.S. ...

  • Top Chinese leader urges N.Korea envoy to work toward denuclearisation Reuters

    BEIJING (Reuters) - Liu Yunshan, the Chinese Communist Party's fifth-ranked leader, told a North Korean envoy on Thursday that China hopes all parties would work toward denuclearisation and called on all sides to restart talks on North Korea as soon as possible, state television reported. Liu, who is also the propaganda tsar, also told Choe Ryong-hae, a "special envoy" of North Korean leader Kim Jong-un that China is committed to its relationship with North Korea and that peace and stability on the Korean peninsula is in the interests of all sides. ...

  • Interview: Olazabal urges Woods and Garcia to settle row Reuters
    Interview: Olazabal urges Woods and Garcia to settle row

    By Tony Jimenez VIRGINIA WATER, England (Reuters) - Former European Ryder Cup captain Jose Maria Olazabal drew on the memory of his 2003 spat with Padraig Harrington as he urged fellow Spaniard Sergio Garcia and Tiger Woods to settle their differences. Garcia and 14-times major winner Woods have always had a frosty relationship and the Spaniard had to issue an apology on Wednesday after making a "fried chicken" jibe at the world number one at the European Tour's Player of the Year dinner the previous day. ...

  • Hands soaked in blood, London knifeman declares his creed on video Reuters
    Hands soaked in blood, London knifeman declares his creed on video

    By Peter Griffiths and Estelle Shirbon LONDON (Reuters) - A young man with bloodied hands holds a knife and a meat cleaver soaked in blood as he faces the camera to say he has just killed a soldier on a London street in retaliation for the deaths of Muslims killed by British troops in faraway lands. As the man speaks, a woman in a blue skirt pulls a shopping cart down the pavement towards him, glances briefly in the direction of a corpse lying in the road, and walks right past the man, apparently oblivious to the bloody weapons in his hand. ...

  • Sensex loses 388 points, Nifty ends below 6,000 on Fed, China concerns Reuters
    Sensex loses 388 points, Nifty ends below 6,000 on Fed, China concerns

    By Abhishek Vishnoi MUMBAI (Reuters) - The Nifty posted its biggest percentage fall in a year on Thursday, as the prospect of an end to the U.S. stimulus programme and a weak China manufacturing survey sparked concerns foreign investors would end their recent buying spree. The Sensex fell 388 points. The biggest concerns focused on Federal Reserve Chairman Bernanke's comments suggesting bond purchases could be scaled back if the U.S. economy improves, with falls magnified after State Bank of India slumped after disappointing quarterly earnings. A potential early wind-down of the U.S. ...

  • London attacker was British-born of Nigerian descent - source Reuters
    London attacker was British-born of Nigerian descent - source

    LONDON (Reuters) - One of the attackers who hacked a soldier to death in London was British-born and of Nigerian descent, a source with knowledge of the investigation said. The other man may also be British with a Nigerian background, the source told Reuters. British media identified one of the men as Michael Adebolajo, citing police sources. (Reporting by Guy Faulconbridge)

  • London attacker British, of Nigerian origin - source Reuters
    London attacker British, of Nigerian origin - source

    By Guy Faulconbridge and Michael Holden LONDON (Reuters) - British authorities have established that one and possibly both of the men who hacked a soldier to death on a London street was born in Britain of Nigerian descent, a source with knowledge of the investigation said on Thursday. Local media named the man who was definitely born in the country as 28-year-old Michael Adebolajo and said police raided the home of his Nigerian family in a village near the eastern English city of Lincoln. Both men appeared to have converted to Islam from Christian immigrant backgrounds, British media said. ...

  • State Bank of India Q4 profit falls, shares drop Reuters
    State Bank of India Q4 profit falls, shares drop

    REUTERS - State Bank of India, the country's largest lender, posted its first quarterly net profit drop in two years, missing market estimates after being dragged down by lower interest income and higher provisions for loan losses. The state-run bank posted net profit of 32.99 billion rupees in the January-March quarter, compared with 40.50 billion rupees in the same period a year ago. Net interest income, the difference between interest earned and interest expended, fell 4.4 percent to 110.8 billion rupees. Analysts, on average, had expected net profit of 37. ...

  • Milan ultras want Allegri to stay as coach Reuters
    Milan ultras want Allegri to stay as coach

    REUTERS - AC Milan's influential ultras want Massimiliano Allegri to remain as coach amid widespread speculation that club president Silvio Berlusconi plans to fire him. The Curva Sud (South Curve) fan group issued a statement praising Allegri for his handling of a young squad last season, when Milan recovered from a poor start to finish third in Serie A and qualify for next season's Champions League playoff. "Today, we find ourselves with a project which has only just started and which will soon be dismantled by presidential choice," said the statement on the group's website ...

  • Manipur, Mizoram governments to honour Everesters IANS

    Imphal/Aizawl, May 23 (IANS) The governments of Manipur and Mizoram will felicitate the members of the first Northeast India Top of the World Mount Everest Expedition, 2013, who recently scaled the highest peak of the world, officials said Thursday.

  • Golfer Sharmila set for Deloitte Ladies Open IANS

    Amsterdam, May 23 (IANS) Indian golfer Sharmila Nicollet is raring to go at the Deloitte Ladies Open after her recent success at the Turkish Airlines Ladies Open at Antalya, where she finished tied 17th.

  • Experiment with nail art, piercing IANS

    New Delhi, May 23 (IANS) Experts say summer is a good time for nail care, so how about adding some jazz to them with stylish tattoos, nail art or nail piercing this season?

  • Rajeev Shukla defends BCCI chief IANS

    New Delhi, May 23 (IANS) IPL chairman and union minister Rajeev Shukla Thursday came out in defence of BCCI president N. Srinivasan, saying there is no need for him to step down.

  • Dravid hints at retirement from domestic T20 IANS

    New Delhi, May 23 (IANS) Rajasthan Royals skipper Rahul Dravid hinted at retiring from the Indian Premier League (IPL) after this season.

  • China to support Pakistan for stability, development: Li IANS

    Islamabad, May 23 (IANS) The Chinese government will unswervingly stick to its friendly policy toward Pakistan and support the South Asian nation in realising stability and better development, visiting Chinese Premier Li Keqiang said here Thursday.

  • Ex-Malaysian Indian lawyer, three others get death IANS

    Singapore, May 23 (IANS) A former Malaysian Indian lawyer and three others were sentenced to death Thursday in the high profile murders of a Malaysian businesswoman and three others in 2010.

  • London attack victim was a serving soldier IANS

    London, May 23 (IANS) British police confirmed Thursday the man killed in Southeast London was a "serving soldier".

  • Sunrisers can be proud of their effort: White IANS

    New Delhi, May 23 (IANS) Sunrisers Hyderabad came up short against Rajasthan Royals in the Eliminator here but their inaugural Indian Premier League campaign was a successful one, their captain Cameron White has said.

  • Londoner of Nigerian descent suspect in terror attack IANS

    London, May 23 (IANS) Michael Adebolajo, a 28-year-old Londoner of Nigerian descent, is one of the two suspects who hacked to death a British soldier in London, a media report said Thursday.

  • Indian-origin man's death in custody classified as murder IANS

    Singapore, May 23 (IANS) The death of a 32-year-old Indian-origin man while in police custody in Malaysia has now been classified as a murder.

  • Dealing with spot-fixing has been tough: Dravid IANS

    New Delhi, May 23 (IANS) Rajasthan Royals skipper Rahul Dravid said that dealing with the spot-fixing allegations surrounding his team in the Indian Premier League (IPL) has been one of the toughest phases of his illustrious career.

  • Don't forget fitness on holiday! IANS

    New Delhi, May 23 (IANS) Health is wealth, and that doesn't change even when you're on a holiday. Experts suggest eating healthy and being conscious that about one hour of exercise a day can help you stay in shape even while you have fun.

  • My fans are my report card: Ranbir Kapoor IANS

    Mumbai, May 23 (IANS) For Bollywood heartthrob Ranbir Kapoor, appreciation by his fans is like a barometer of his success.

  • Bihar to spend Rs.17 crore on 200 police dogs IANS

    Patna, May 23 (IANS) Bihar has decided to buy 200 canines of various breeds at an estimated cost of Rs.17 crore in order to raise 50 more dog squad units to help police in their investigations, officials said Thursday.