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New Delhi, Jan 10 : Finance Minister P. Chidambaram on Thursday said that the latest hike in railway fares was an economic decision and was taken to revive the financial slowdown of the country.

Chidambaram justified the Congress-led UPA Government''s move to hike rail fares.

Washington, Jan 10 : Former US President Bill Clinton has repo

Islamabad, Jan 10 : Pakistan Foreign Secretary Jalil Abbas Jilani has said the country has reservations over giving India the status of Most Favoured Nation (MFN). Jilani said the commerce ministers of India and Pakistan would hold talks on those reservations in the next few days, reports The Dawn.

Islamabad, Jan 10 : Pakistan''s Interior Minister Hina Rabbani Khar on Thursday took potshots at the Indian media for taking up the issue of mutilation of bodies of Indian soldiers, and rejected the charges of ceasefire violation along the Line of Control (LoC).

"Even after martyrdom of our soldier, we kept to bilateral mechanisms. But from their side, contradictory strong statements were made," she said.

Khar said Pakistan has acted in a responsible manner every time it faced a challenge.

Pharmaceutical major, Teva Pharmaceutical Industries has asked the American industry regulator, the US Food and Drug Administration not to approve new MS drugs until they are tested by independent advisers.

Teva's request for not granting approval to MS drugs is against Biogen Idec, which is expecting FDA to take a decision on its application to market a new MS treatment called BG-12. Experts say that the BG-12 pill will be a competitor of injected Copaxone.

SBS Transit has that all the train services on the North East Line (NEL) are now running normally after 4:35pm after services were disrupted due to a power fault.

The train operator said that North East Line was affected by a power fault this morning just before 10 am. The operator had detected the fault in a stretch in the tunnel between HarbourFront and Outram Park stations. SBS Transit has said in the morning that the company engineers are working to resolve the problem.