India

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India, China FlagLondon, Oct. 20 : Emerging economic powerhouses India and China will be most reluctant support the wider global economy during its downturn phase, as Deutsche Bank survey has warned.

The warning comes as world leaders have agreed to hold a “Bretton Woods (type) meeting for the 21st century” in New York to assess the global economy’s health.

The Deutsche Bank also warned that major industrialised economies will suffer the worst slump since the 1930s, and added that Britain will be more vulnerable than the United States.

MNS Activists Up In Arms Against North Indian Students

Living up to its antics again, Maharashtra Navnirman Sena’s activists beat up scores of north Indian aspirants appearing for the Railway Recruitment Board entrance exam for the Western region, in Mumbai on Sunday.

They created a rumpus outside examination centres, blocked roads and shouted anti-north Indian slogans. They demanded the recruitment of Marathi people.

“When there is availability here why should people from outside be called?” said MNS general secretary Nitin Sardesai. “They come here and are living on the platforms.”

Vice President, MNS Student's Wing Ashish Jadhav said that Raj Thackeray has demanded 80 per cent reservation for Maharashtrians. If that doesn't happen they will protest.

J&K Polls To Begin On November 17

The Election Commission today announced the first-time, seven-phase assembly poll in Jammu and Kashmir.

India cuts short-term lending rate

India cuts short-term lending rateNew Delhi - The central Reserve Bank of India (RBI) Monday lowered its key short-term lending rate (repo) to commercial banks, a move that will spur consumption and help growth amid the global economic slowdown.

"In order to alleviate the pressure and in particular to maintain financial stability, the RBI has decided to reduce the repo rate under the liquidity adjustment facility by 100 basis points to 8 per cent with immediate effect," the bank said in a statement.

Dasmunsi shifted to Apollo hospital from AIIMS

New Delhi, Oct. 20 : Ailing Information and Broadcasting Minister Priya Ranjan Dasmunsi was on Monday shifted to the Indraprastha Apollo Hospital from the All India Institute of Medical Sciences (AIIMS), as doctors and his family felt that his neurological condition could be better treated at the former place.

"He has been shifted at 10.30 am. His family wanted to shift him for further treatment of his neurological condition. His condition is stable and he needs more neurological care," AIIMS Medical Superintendent Dr D K Sharma said.

Sixty-two-year-old Dasmunsi, who has been under treatment at AIIMS for the past eight days, "continues to remain the same. He is stable but still unconscious," Dr. Sharma said.

Prachanda to visit India again in November

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