New Delhi - India's benchmark Sensex on Friday crashed 11 per cent to end trading at a three-year low of below 9,000 as investors sold heavily after the central bank disappointed them by keeping key interest rates unchanged.
The 30-share Sensitive Index, which had lost 912 points in the last two sessions, crashed 10.92 per cent shortly after a credit and monetary review was announced by the Reserve Bank of India.
Valencia, Spain - The low-cost airline Ryanair on Friday announced the closure of its base in the eastern Spanish city of Valencia, citing the refusal of the regional authorities to discuss a proposal for a joint promotion project.
The Valencia authorities had refused to "engage in constructive discussions in relation to the promotion of the airport and its routes across Ryanair's network in Europe," the airline said in a statement.
Kathmandu, Oct 24 : The Nepali Congress (NC) has claimed that the Maoists are trying to promote a former People''s Liberation Army (PLA) commander to the coveted post of Chief of Nepal Army (NA).
Nepali Congress leader Shovakar Parajuli on Thursday said that the Maoists are covertly engaged in promoting Nanda Kishore Pun as the next Army chief.
New Delhi, Oct 24 : Defence Minister A. K. Antony today said that the private sector participation in defence production has been allowed and foreign direct investment is allowed upto 26 per cent.
Addressing the National Seminar on defence offsets being organised by the Institute for Defence Studies and Analyses (IDSA) here, Antony said that private sector will henceforth require industrial licence only if it is stipulated under the requirement for defence industry.
Kanpur, Oct 24 : Uttar Pradesh administration today cancelled interactive session of Congress General Secretary Rahul Gandhi with the students of the Chandrashekhar Azad University.
According to sources, the Vice Chancellor of the University had given instructions to cancel the programme.
However, Rahul, who reached the University as per the scheduled programme, met the students in the cafeteria, instead of auditorium.
New Delhi, Oct 24 : Finance Minister P. Chidambaram today said that the Reserve Bank of India (RBI)''s policy review was on expected lines to manage India''s financial stability.
He described the RBI statement an important announcement that the central bank would employ both conventional and unconventional methods to ensure financial stability.
New Delhi - India's benchmark Sensex on Friday crashed 11 per cent to end trading at a three-year low of below 9,000 as investors sold heavily after the central bank disappointed them by keeping key interest rates unchanged.
Valencia, Spain - The low-cost airline Ryanair on Friday announced the closure of its base in the eastern Spanish city of Valencia, citing the refusal of the regional authorities to discuss a proposal for a joint promotion project.
Kathmandu, Oct 24 : The Nepali Congress (NC) has claimed that the Maoists are trying to promote a former People''s Liberation Army (PLA) commander to the coveted post of Chief of Nepal Army (NA).
New Delhi, Oct 24 : Defence Minister A. K. Antony today said that the private sector participation in defence production has been allowed and foreign direct investment is allowed upto 26 per cent.
Kanpur, Oct 24 : Uttar Pradesh administration today cancelled interactive session of Congress General Secretary Rahul Gandhi with the students of the Chandrashekhar Azad University.
New Delhi, Oct 24 : Finance Minister P. Chidambaram today said that the Reserve Bank of India (RBI)''s policy review was on expected lines to manage India''s financial stability.
