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News from February 2009

BSP names Devendra Singh as Etah candidate

Bahujan Samaj Party has named sitting Etah MP Kunwar Devendra Singh as its candidate from Etah parliamentary constituency. Singh quit the Samajwadi Party on Friday and joined the BSP. Significantly, he is the sixth sitting MP who has shifted his loyality from SP to BSP ahead of the forthcoming Lok Sabha elections. MPs, who have [...]

Maoists blow up Rly station, two feared abducted in Orissa

Maoists blew up a railway station, stormed another and are feared to have abducted two railway officials in Orissa’s Sundergarh district early Saturday just hours before the 24-hour bandh by the ultra began in five states. About 60 Maoists, including women, struck Bhalulata railway station, 25 km from Rourkela on Howrah-Mumbai section, and triggered explosions [...]

Zardari is sincere but it should be backed by actions: Pranab

External Affairs Minister Pranab Mukherjee has said he believes Pakistan President Asif Ali Zardari is sincere about ending the terrorism menace but underlined that his desire should be backed by actions by Islamabad. “I would like to say that I believe in his sincerity because he himself is a victim of the terror attack. His [...]

Delhi, Mumbai slip in most expensive cities list

Delhi and Mumbai have dropped two notches in the list of the most expensive cities in the world, thanks to softening realty prices and ongoing economic slowdown. According to realty consultant Cushman & Wakefield (C&W), Connaught Place in New Delhi and Nariman Point in Mumbai has been ranked at 12th and 6th places respectively in [...]

Aus reach 466 all out against SAfrica

Debutant Marcus North hit a powerful 117 in the first Test against South Africa at Johannesburg on Friday, to help guide Australia to an imposing 466 all out at tea in their first innings on the second day of the match. Australia, seeking to rebound from a 2-1 series defeat against the Proteas at home [...]

Chetan, mixed doubles team in German Open quarter-finals

Chetan Anand scripted a thrilling win over Denmark’s Hans-Kristian Vittinghus to emerge as the lone Indian survivor even as compatriots Anup Sridhar and Arvind Bhatt bowed out in the third round of the Yonex German Open. The second-seeded Chetan defeated Vittinghus 21-14, 18-21, 21-12 in a 45-minute contest late Thursday night to set up a [...]

NZealand clinch series after a thrilling 5-wicket win

New Zealand has snatched a dramatic last-ball victory in the second Twenty20 cricket match to clinch the series 2-0 against India, who very nearly pulled off an incredible win in the dying moments of the thriller. Chasing a modest 150 to win, the hosts were cruising along comfortable before the Indians changed the complexion of [...]

Sensex closes down by 63 points

A fag-end buying support helped the Bombay Stock Exchange benchmark Sensex recover most of its hefty losses but still closed down by over 60 points amid heightened concerns over economic growth which shrunk to 5.3 per cent in October-December of this fiscal. The Sensex, which at one point had tumbled by 227 points during the [...]

Indo-South Africa trade seen at around USD 12-bn by 2012

Bilateral trade between India and South Africa is expected to reach around USD 12-billion over the next three years and a host of measures have been taken to enhance this trade. “Trade between South Africa and India is projected to reach USD 12-billion by 2012,” South African Deputy Minister (Trade and Industry) Elizabeth Thabethe said [...]

Sebi likely to approve Satyam’s bidding framework unchanged

Market regulator Sebi is likely to approve the Satyam Board-formulated framework to induct a strategic investor. “In this case (Satyam), once the framework is finalised by the government-appointed board in consultation with the Company Law Board (CLB), Sebi is unlikely to change the proposal,” a top Sebi source told a news agency in Mumbai on [...]

News from February 2009

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