India

Japanese surrogate baby leaves for Japan from Jaipur today

Japanese grandmother files papers for migration of surrogate babyJaipur, Nov 1 : The local guardians of Japanese surrogate baby ''Manjhi'' today bid adieu to the child and her 74-year old grandmother Emiko Yamada, who would be leaving for Japan tonight.

Manjhi and Yamada left from Jaipur in the afternoon for New Delhi from where they''ll board an Air India flight to Japan with a one-year visa, which would be renewed later.

India's central bank lowers key rates to help growth

Reserve Bank of IndiaNew Delhi  - India's central bank on Saturday lowered its key short-term lending rate (repo) as well as banks' cash reserve requirements to inject additional liquidity of about 850 billion rupees (18 billion dollars) to help growth amid the global economic slowdown, officials and news reports said.

The repo rate has been cut by 50 basis points to 7.5 per cent and the cash reserve ratio (CRR) stands lowered by 100 basis points to 5.5 per cent, a notification posted on the Reserve Bank of India's website said.

IPI gas pipeline project can be finalised through cooperation: Pranab

Iran-Pakistan-India (IPI) gas pipeline projectTehran, Nov 1 : External Affairs Minister Pranab Mukherjee on Saturday said that New Delhi is working with Islamabad to resolve outstanding issues and insisted that the 7.4-billion dollar Iran-Pakistan-India (IPI) gas pipeline project can be finalised through cooperation of all the three countries.

Indian police arrest three men in connection with Assam bombings

AssamNew Delhi  - Police in India's north-eastern state of Assam have arrested three men and are investigating whether separatist militants received support from terrorist groups to carry out multiple bombings that claimed 77 lives, news reports said Saturday.

Among those arrested overnight were a man whose car was used in one of Thursday's bombings in the state's capital city of Guwahati, the IANS news agency reported quoting the state's senior police official Bhaskar Jyoti Mahanta.

Another arrested man's motorcycle was used in a bombing in the western Bongaigaon district.

Governor Kashmir for timely execution of economic reconstruction projects

Jammu and Kashmir Governor N N VohraSrinagar, Nov 1: Jammu and Kashmir Governor N N Vohra today called for an effective management policy for timely completion of the projects being executed by Economic Reconstruction Agency (ERA) in the state.

Reviewing the progress of the ERA projects at a high level meeting in Srinagar, Vohra asked the officers to supervise the work on regular basis.

According to official sources, over Rs 438 crore projects are under execution in the state by ERA during the current year under Asian Development Bank Funding.

India among lowest ranked countries in creation of innovative technologies

Washington, November 1: India is lagging far behind many countries when it comes to creating new innovative products and technologies, according to a new study.

It figures among the nations with lowest ranks in a new list of the world''s most innovative countries, based on the time it takes for new technologies and products to take-off.

Deepa Chandrasekaran, assistant professor of marketing at Lehigh University, and Gerard J. Tellis, a professor of Marketing at the University of Southern California''s Marshall School of Business, prepared the list was prepared on the basis of a major study that evaluated 31 countries.

They analysed 16 different product categories over a time span of 50 years.

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