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It has been reported that Saudi authorities have launched a crackdown on narcotics and have seized massive amounts of synthetic drugs and alcohol in the first six months of 2010.

Xinhua quoted Abdullah bin Saleh al-Kharboush, spokesman for the Saudi customs department, as telling the official SPA news agency that customs officials have seized 17 million amphetamine pills, 687 kg of hashish, nine kg of heroin and five kg of opium.

The consumer price index (CPI) of US has fallen down for the third month in a row in June which has increased concerns over the deflation.

According to the Labour Department the CPI has fell down by 0.1% in this month as compared to the previous month, before this fall the consumer price index fell down 0.2% in May and 0.1% in the month of April.

The main reason behind this fall could be the fall in the fuel prices, which has fell down by 2.9% compared to the previous season. But the economists have suggested that the core inflation rose by 0.2%.

The threat of swine flu has not completely moved out from the country as recently two more case of the HINI virus have been identified in Kolkata. These cases have made the total of the swine flu infected affected cases as 14.

Out of the total number around six cases have already been cured while the others are under treatment at treatment at ID Hospital in Beliaghata and in two private hospitals in the city.

It has been reported that U. S. Vice President Joe Biden Sunday countered suggestions of heavy Democratic losses in November, saying, "We're going to shock the heck out of everybody."

"I don't think the losses are going to be bad at all. I think we're going to shock the heck out of everybody.. We're going to be in great shape," Biden said, a week after White House spokesman Robert Gibbs said Democrats could lose their majority in the House.

The mobile media company- Affle, has unveiled its unique Smartphone messaging product in the international market including India.

The product is named Pinch and aims to access a variety of locations based value services for its users including finding friends and messaging them. It is also an interesting mix of iMessenger, iContacts and iLocation Sense services enabling smartphone users to message their friends with rich animations, pictures, emoticons and push notifications.

The USP of the product is that through the pinch the users can send messages over data across platforms without incurring any SMS/MMS charges.

Conquests are all set to get more expensive with the SEBI team putting its favor and crafting it compulsory for the obtainer to make a proffer for up to 100 per cent bid in any listed group.

But for the time being, an open offer for a bare minimum of 20 percent in the targeted group is needed to be chalked out by any group or body that has bought 15 percent equity, either from the supporter or direct from the open market.