India

Sensex falls below 15K in early trade

Mumbai, Aug 8 : Sensex falls below 15K in early tradeWith the annual inflation crossing the 12 per cent mark for the first time in 13 years for the week ended July 26, the 30-share Sensex, benchmark of the Bombay Stock Exchange (BSE) fell by 117 points at 14,999.92 in early trade today after heavy selling by funds.

National Stock Exchange (NSE)''s Nifty fell 31 points to 4492.95. The index touched a high of 4540.75 and low of 4480.80 so far.

Inflation has more than doubled since late February mainly on soaring oil prices, prompting the Reserve Bank India to tighten the annual monetary policy aggressively.

Varanasi astrologers suggest August 8 related to Saturn

Varanasi, Aug. 8 :Varanasi astrologers suggest August 8 related to Saturn Many astrologers in Varanasi have been busy brainstorming and explaining the likely impact of August 8 of this year on people’s lives. Many people have become scared after learning that children delivered on this date could be ominous.

Besides, this date of the year, according to astronomical calculations holds significance considering the fact that when calculated numerically, it sums up digit 8 by all angles.

The date contains eight numerals and also it adds up to eight Aug. 8, 2008 denotes (8+8+2+8 = 26 and 2+6 = 8).

Japanese surrogate baby finds saviour in an Indian

Jaipur, Aug 8 : A new born Japanese surrogate baby, Manjhi, has found a saviour in an Indian, who has come forward to feed and look after the 13-day-old infant.

The baby has now found a ''mother'' in Shweta, wife of a friend of her parents, who after having delivered her own baby recently, has come forward to feed Manjhi like her own child.

"I thought about feeding Manjhi because she does not have her mother with her. Everybody is busy making his or her own stories, but nobody is concerned about the child," said Shweta.

The doctors at the hospital are pleased with the development as they feel that now Manjhi will be able to get the all the necessary nutrients that only a mother''s milk can provide to a new born.

Economic Advisory Council Chairman Rangarajan resigns

New Delhi, Aug 8: Economic Advisory Council Chairman Rangarajan resignsThe Chairman of Prime Minister Dr. Manmohan Singh''s Economic Advisory Council (EAC), C. Rangarajan, has resigned from his post and he is being nominated to the Rajya Sabha, official sources said on Friday.

Declining to give reasons for his resignation, Rangarajan said: "I have resigned."

Government sources say Suresh Tendulkar, Chairman, National Statistical Commission, has been appointed as the new Chairman of the EAC.

Bharti AXA General Insurance Start Operation In India

Bharti AXA General Insurance, the latest entrant in the general insurance Bharti AXA General Insurance Start Operation In India business, has finally launched its business operations in Indian market.  

The company will offer products to cover property, motor, health, personal accident across rural, urban and commercial segments (Large Corporate, Medium enterprises and Small enterprises).

Bharti AXA General Insurance received the certificate of registration from the Insurance Regulatory Development Authority (IRDA) on July 27, 2008.

Airtel, Vodafone To Launch iPhone On August 22

At last, the launching date of the much-awaited 3G iPhone in the Indian Airtel, Vodafone To Launch iPhone On August 22market has been declared.

The two leading Indian telecom operators Bharti Airtel and Vodafone will be launching this hugely successful instrument on August 22.

President Bharti Airtel mobile services Sanjay Kapoor said, “iPhone has been an iconic technological revelation of this year and Airtel has been at the forefront of innovation and customer delight in the Indian telecom sector.”

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