
Lucknow: Seeking to fulfil his party's election promises, Uttar Pradesh Chief Minister Akhilesh Yadav on Friday made provisions for unemployment allowance, waiving farm loans and giving laptops to students in his maiden state Budget for 2012-2013. Amidst walkout by BSP, Yadav presented the Budget saying that he has inherited a shattered economy that has been marred by corruption. The Budget proposed no new tax, while listing several incentives for a...

03:50 AM, Jun 02, 2012

Lucknow: Uttar Pradesh Chief Minister Akhilesh Yadav, who presented his maiden budget in the state Assembly o Friday, said efforts have been made to fulfil promises made to the people during the state election. "An effort has been made to fulfill all the poll promises," he said after presenting the annual budget for the current financial year. Yadav said no new tax has been proposed in the budget and efforts...

03:10 AM, Jun 02, 2012

Chandigarh: The Haryana government on Friday said it will not reduce tax on petrol as the price of fuel is already less in the state in comparison to rates prevailing in neighbouring states. Chief Minister Bhupinder Singh Hooda on Friday said price of petrol in Haryana was already less as compared to neighbouring states. Hooda was replying to questions after presiding over a meeting of the state cabinet here today....

02:26 AM, Jun 02, 2012

Islamabad: Pakistan on Friday increased the defence allocation in its fiscal 2012-13 budget to Rs 545 billion (about $5.82 billion), marking an increase of 10 per cent over the outlay for the current fiscal. The allocation for the defence services amounted to 18.4 per cent of the federal budget of Rs 2,960 billion for fiscal 2012-13. Further details, including allocations for the three services and weapons acquisition programmes, were not...

12:05 AM, Jun 02, 2012

New Delhi: The Bharatiya Janata Party (BJP) on Friday announced it would hold a fortnight-long agitation across the country from June 7 which would culminate in a court arrest programme on June 22 to protest steep hike in petrol prices, alleged attack on the country's federal structure by the Centre and price rise. In a statement, BJP general secretary Ananth Kumar said the decision to launch a 'Jan Sangharsh Abhiyan'...

10:00 PM, Jun 01, 2012

New Delhi: Auto sales in India moderated in May with the country's largest car makers Maruti Suzuki, General Motors, Ford and TVS Motor posting declines in their numbers due to post-Budget price hikes, high interest rates and rising fuel prices. Hyundai Motor, Tata Motors and Mahindra & Mahindra, however, witnessed sales going up. During the month, the country's largest two-wheeler maker Hero MotoCorp registered its highest ever monthly sales. Maruti...

09:38 PM, Jun 01, 2012

Hyderabad: A special Central Bureau of Investigation (CBI) court on Friday dismissed the bail petition of YSR Congress chief Jagan Mohan Reddy in connection with the disproportionate assets case. The YSR Congress Chief has been in prison since May 26 in the alleged disproportionate assets case. The court had on Thursday reserved its orders till Friday on the bail plea. The Court of Principal Special Judge for CBI cases had...

07:53 PM, Jun 01, 2012

New Delhi: It is the 60th anniversary of the coronation of Britain's Queen Elizabeth II and Google is commemorating the event with a special doodle on its homepages in the countries of the Commonwealth realm. The doodle features a blue silhouette of Queen Elizabeth II (looking to the right), dressed in her royal finery. The Queen's long flowing blue robe is has diamond patterns and a golden border. The two...

07:00 PM, Jun 01, 2012

Lucknow: Uttar Pradesh Chief Minister Akhilesh Yadav, who presented his maiden budget in the state Assembly on Friday, said efforts have been made to fulfill promises made to the people during the state election. "An effort has been made to fulfil all the poll promises," he said after presenting the annual budget for the current financial year. Akhilesh said no new tax has been proposed in the budget and efforts...

06:06 PM, Jun 01, 2012

New Delhi: Information technology sector in the country witnessed steep decline in hiring activities as most companies embraced cost cutting measures to tide over uncertain economic conditions, say experts. "Hiring activities have seen a dip of 29 per cent in IT and ITeS sectors in May 2012 from the preceding month," MyHiringClub.com CEO Rajesh Kumar said. However, he said that other industries have increased recruitment activities by 13-15 per cent...

04:44 PM, Jun 01, 2012

Los Angeles: Alan Horn, the Walt Disney Co's new studio chairman, won't shy away from making big budget films despite Hollywood's recent string of big budget bombs such as Disney's 'John Carter' and Universal Pictures' 'Battleship.' Horn, who spearheaded such expensive hits as the 'Harry Potter' series while president of Warner Brothers Entertainment, intends to focus on six to eight films a year geared toward Disney's core audience of families...

04:33 PM, Jun 01, 2012

London: The main accused in the murder of Indian student Anuj Bidve in Salford in Britain on December 26, 2011 pleaded guilty on Friday in a Manchester court. Kiaran Stapleton admitted to shooting 23-year-old Bidve in an unprovoked attack on the Boxing Day. Stapleton, 21, admitted to manslaughter at the Manchester Crown Court. He is expected to go on trial for murder. Lancaster University student Bidve was walking with friends...

03:57 PM, Jun 01, 2012

Los Angeles: It's a spectacle that won't repeat for another century - the sight of Venus slowly inching across the face of the sun. So unless scientists discover the fountain of youth, none of us alive today will likely ever witness this celestial phenomenon again, dubbed a "transit of Venus." It's so unique that museums and schools around the globe are hosting Venus viewing festivities - all for a chance...

03:52 PM, Jun 01, 2012

Mumbai: The nation-wide bandh called by the NDA on Thursday crippled the commercial capital of the country, causing it to incur losses worth Rs 270-300 crore. MiD-DAY spoke to economists, who revealed that the city has a population of approximately 20 million, of which about eight million account for the workforce. On an average, each member of this workforce has an income of Rs 1 lakh per annum, while the...

03:47 PM, Jun 01, 2012