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Nicolas Sarkozy threatens legal action over voodoo doll

London, Oct 22 : French President Nicolas Sarkozy has threatened to take legal action against makers of his voodoo dolls, sold with instructions on how to stick pins in it.

Each body part of the doll, developed by K&K Company, contains controversial quotes related to the president.

These include his campaign slogan "work more to earn more", or "platform heels" – referring to the president''s shoes designed to gain a few inches in height.

On his groin is written "scum", which is used to describe young suburban crooks before the riots of 2005.

Sarkozy''s lawyer Thierry Herzog has asked the makers to "immediately cease all distribution of this doll".

National Mineral Development Corporation hikes iron ore prices

National Mineral Development Corporation (NMDC) has decided to hike iron ore prices up to 40 per cent. NMDC is a leading state-run mining company in India. The revised prices would be implemented from Oct 1. The decision to hike ore prices is aimed to save the interests of buyers. It would insulate them from short-term market fluctuations. The steel prices may increase following the implementation of revised prices.

The chairman and Managing Director of NMDC, Rana Som said that the hike in prices is the need of the hour as production cost has increased manifolds. The public sector company can revise the ore prices as per the agreement with buyers.

Methane gas confirmed on Mars

London, Oct 22 : A scientist has claimed to have found concrete evidence that confirms the detection of methane gas on Mars and also identifies key sources of the gas.

The scientist in question is Michael Mumma, of NASA’s Goddard Space Flight Center in Greenbelt, Maryland, US.

While on Earth, methane is mostly biological in origin, on Mars, it could signal microbes living deep underground.

According to a report in Nature News, the latest work suggests that Martian methane is concentrated in both space and time.

At a handful of hotspots hundreds of kilometers across, plumes of methane bloom and dissipate in less than a year.

McCain, Palin use Biden's 'Crisis' prediction to question Obama

McCain, Palin use Biden's 'Crisis' prediction to question ObamaHarrisburg (Pennsylvania, US), Oct. 22 : Republican running mates John McCain and Sarah Palin have once again questioned Barack Obama''s readiness to lead the country in the wake of the latter’s running mate Joe Biden saying that Obama would face a "generated crisis."

"We don''t want a president who invites testing from the world at a time when our economy is in crisis and Americans are already fighting in two wars," McCain said Tuesday in Harrisburg, Pennyslyvania.

ICICI Bank Intraday Buy Call

ICICI Bank Intraday Buy CallKarvy Stock Broking Limited has maintained ‘buy’ rating on ICICI Bank stock with an intraday target of Rs 440.

According to Karvy, interested traders can purchase the stock between Rs 418-422 with a strict stop loss of Rs 400. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 405.
 

Nikkei plunges nearly 7 per cent on grim earnings outlook

Nikkei plunges nearly 7 per cent on grim earnings outlook Tokyo - Tokyo stocks plunged Wednesday as investors worried about the grim outlook for Japanese firms' earnings.

The Nikkei 225 Stock Average tumbled 631.56 points, or 6.79 per cent, to end 8,674.69.

The broader Topix index of all first-section issues also lost 67.41 points, or 7.05 per cent, to 889.23.

Japan's automaker Mitsubishi Motors Corp expected a 7.6-per-cent fall in sales in the year's first six months through September due to slowing demand in the United States and Europe, the company said.

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