Reform policies to determine India's credit profile: Moody's

New Delhi: Reform measures undertaken by the government to accelerate growth and address fiscal and supply side constraints will determine India's sovereign credit profile, rating agency Moody's said today.

The declining inflation also calls for a policy rate cut to boost investments, it added.

"... Fiscal and structural reform policies will determine the extent to which accelerating growth will buttress the sovereign credit profile," it said in a report titled 'GDP Revisions Underscore Economic Strength, But Are Credit Neutral'.

In 2015, benign global oil prices are likely to keep India's inflation and current account pressures in check, the report said, adding "this could allow for more accommodative monetary policy which, in turn, would revive investment growth".

Sensex rises 228 points on global cues, Budget hopes

Mumbai: The benchmark BSE Sensex rose over 228 points in early trade today amid a firming global trend and hopes of a growth-oriented Budget.

Further, covering-up of short positions by speculators ahead of tomorrow's monthly expiry in the derivatives segment, supported the upside.

Rising for the second straight session, the 30-share barometer spurted by 228.67 points, or 0.79 percent, to 29,233.33.

The index had gained 29.55 points in yesterday's session.

All sectoral indices, led by oil & gas, metal, realty and banking were trading in positive zone with gains up to 1.03 percent.

Similarly, the National Stock Exchange index Nifty was trading above the 8,800-mark by gaining 60.10 points, or 0.69 percent, to 8,822.20.

Nicole Scherzinger in 'flood of tears' over ex Lewis Hamilton moving on quickly

London, Feb 25 - Nicole Scherzinger seems to be upset and has been crying after the reports of her long-time ex boyfriend Lewis Hamilton partying with other women have been doing the rounds of internet.

A source informed that with the split of 'Your Love' singer and the F1 driver, the singing star was in pieces, and when she saw him partying with other women she has been in flood of tears, the Mirror reported.

Notably, the F1 ace star was seen out with a mystery blonde chick, and has also posed with his rumored lady love Naomi Campbell, but captioned that as a selfie with big sis.

The 36-year-old songstress reportedly sent a text to her ex, asking him to stop, but in reply of this he said that he was just letting his hair down, and they have been in contact ever since.

Garlic extract could help cystic fibrosis patients

London: A chemical found in garlic can kill bacteria that cause life-threatening lung infections in people with cystic fibrosis, a new study has said.

The study is the first to show that the chemical, known as allicin, could be an effective treatment against a group of infectious bacteria that is highly resistant to most antibiotics.

Allicin is produced naturally by garlic bulbs to ward off a closely-related group of plant pathogens found in soil and water habitats.

In the 1980s, the bacteria, known as the Burkholderia cepacia complex (Bcc), emerged as a cause of serious and transmissible lung infections in people with cystic fibrosis.

Measures to limit the spread of Bcc infections among people with cystic fibrosis have brought the number of cases down considerably.

Britain to provide 'military training' to Ukrainian soldiers

London, Feb 25 - Prime Minister David Cameron has reportedly announced his decision to send British troops to Ukraine in the next few weeks to provide advice and training.

Cameron told a House of Commons committee that up to 75 British personnel divided into four teams would be sent to an area well away from the conflict zone in east Ukraine to provide medical, logistics, intelligence and infantry training, reported the BBC.

British Defence Secretary Michael Fallon said in a statement that the move was prompted by "continued Russian-backed aggression."

Cameron warned that more sanctions would follow on Russia if the separatists failed to observe the truce.

Russia has lied about its activities in Ukraine: John Kerry

Washington : Secretary of State John Kerry said on Tuesday that Russia has repeatedly lied to him about its activities in Ukraine where pro-Russian rebels are fighting national forces.

"Russia is engaged in a rather remarkable period of the most overt and extensive propaganda exercise that I've seen since the very height of the Cold War," Kerry told a US Senate Appropriations subcommittee.

"And they have been persisting in their misrepresentations lies whatever you want to call them about their activities there to my face, to the face of others on many different occasions."

Russian President Vladimir Putin denies arming rebels in the war in eastern Ukraine, which has killed more than 5,600 people and forced over a million to flee their homes.

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