Mumbai: Major equity benchmarks consolidated in trade today and closed flat shrugging off 41-month low April WPI inflation number of 4.89 per cent, way below RBI's comfort zone. The Sensex closed at 19722.2 up 30.62 points and the Nifty ended at 5995.40, up 14.95 points. About 1162 shares advanced, 1206 shares declined and 146 shares were unchanged. Key gainers in the Nifty were Ranbaxy Labs, Bank of Baroda, Sun Pharma,...
09:40 AM, May 14, 2013
Washington: Pakistan's Ambassador to the US, Sherry Rehman, has resigned from her post. Congratulating the new parliament on its election, Ambassador Rehman has sent in her resignation to the Prime Minister, saying that it is time a new envoy come in as quickly as possible so that there is no gap in the relationship, an Embassy spokesman said. A political appointee of the previous government and a close aide of...
09:30 AM, May 14, 2013
Washington: Even as there is a sense of positivity over Indo-Pak ties after the outcome of Pakistan polls, a former Pakistani diplomat believes a regime change is unlikely to bring any substantial shift in Islamabad's approach. Former Pakistan Ambassador to the US Husain Haqqani noted this while giving an analysis of the post-election scenario in Pakistan. "We will have a kind of a hug-hug, embrace-embrace, but no substantial changed attitude...
09:21 AM, May 14, 2013
New Delhi: Government sources on Tuesday said Prime Minister Manmohan Singh will not be attending the swearing-in ceremony of Pakistan's Prime Minister elect Nawaz Sharif. India is likely to formally decline Sharif's invitation to Manmohan. The Prime Minister's Office (PMO), however, has said that no formal invite has been received yet for Sharif's swearing-in ceremony. Sources, however, added that that Sharif may consider India's invitation a visit to soon. Speaking...
09:21 AM, May 14, 2013
Mumbai: "It's just a matter of chasing the right bowler." Easier said than done when you are chasing 179 to win in mere 20 overs. But Kieron Pollard hushed Sunrisers Hyderabad with an innings that not many are capable of in the current bang bang era. Pollard took strike when Mumbai needed 80 off 40 balls. He scored just 9 in the first 10 balls, but if Hyderabad thought they...
09:20 AM, May 14, 2013
Mumbai: A month after Indian Coastguard intercepted a suspicious small ship called MSV Yusufi off the Mumbai coast, what initially seemed to be a case of smuggling, is turning into a major puzzle for the investigating agencies. MSV Yusufi triggered panic last month, when intelligence agencies intercepted suspicious chatter of its crew through banned satellite phones. They were told by their Dubai handler to land at the Colaba coast in...
08:41 AM, May 14, 2013
Chennai: The fate of IPL match between Chennai Super Kings and Delhi Daredevils at the MA Chidambaram cricket stadium on Tuesday remains uncertain as PWD officials have withdrawn the stability certificate for all the stands, sources said. Referring to the withdrawal of stability certificates to all the nine stands by PWD officials, Chennai Police on Monday issued a show cause notice to the Tamil Nadu Cricket Association, as to why...
08:16 AM, May 14, 2013
Islamabad: PML-N chief Nawaz Sharif, who is set to be Pakistan's Prime Minister for a record third time, says that India and Pakistan should jointly address their fears. Meanwhile, Sharif on Monday invited Prime Minister Manmohan Singh for his swearing-in ceremony. However, sources said that India is likely to formally decline Sharif's invitation to Manmohan. Meanwhile, the Prime Minister's Office (PMO) has said that no formal invite has been received...
08:13 AM, May 14, 2013
New Delhi: After incursions in Ladakh, China has now flexed its muscles in the Indian Ocean. The Indian Navy has expressed concern about increasing presence of Chinese navy's submarines and warships in the region. Defence Minister AK Antony will open the bi-annual Naval Commanders Conference in Delhi on Tuesday. The minister, fresh from flagging off the Navy's first MiG-29K squadron in Goa, is expected to highlight concerns over the increasing...
07:40 AM, May 14, 2013
Dubai: Saudi Arabia has handed over about 15,000 passports of stranded Indian workers, surrendered by Saudi sponsors, to the Indian Embassy in Riyadh, in a bid to resolve cases of immigration law violations. "Most passports, surrendered by sponsors to the Saudi authorities, belong to stranded Indian workers, including those languishing in jails on huroob (absconding) charges or on charges of violation of Saudi residency laws," said Sibi George, deputy chief...
02:49 AM, May 14, 2013
Washington: Nawaz Sharif's decision to invite Prime Minister Manmohan Singh is a "positive sign", the United States said on Monday, with an official confirming that Secretary of State John Kerry called the new elected leader of Pakistan to congratulate him on his electoral success. "We have seen those comments. I don't want to analyze it too much, but to say that it is a positive step and we look forward...
01:30 AM, May 14, 2013
Chennai: Veteran left-arm seamer Ashish Nehra praised his Delhi Daredevils' team-mate Umesh Yadav, terming him as the "most talented fast bowler" in the country at the moment and believes that his performance will have an impact on India's performance in the near future. "Umesh has done so well and if you ask me personally, he s the most talented bowler for India. If he does well, then it will augur...
11:55 PM, May 13, 2013
Mumbai: Kieron Pollard made a blistering 27-ball 66* as Mumbai Indians came from behind to register a thumping seven-wicket win over Sunrisers Hyderabad and put one foot in the IPL 6 play-offs at the Wankhede Stadium on Monday night. In pursuit of 179, Pollard and Rohit Sharma (20*) added 85 runs in 37 balls to take Mumbai over the line with three balls to go. This was Mumbai's 10th win...
11:15 PM, May 13, 2013
Nawaz Sharif, who is set to be Pakistan's Prime Minister for a record third time, on Monday issued a statement inviting Indian PM Manmohan Singh to his swearing-in ceremony. ...
10:08 PM, May 13, 2013
According to reports, BCCI has threatened to pull Team India out of Champions Trophy over rift with ICC on L Sivaramakrishnan's appointment as a players' representative in the governing body. BCCI is not happy with the noise being made over Sivaramakrishnan's election to the ICC's Cricket Committee ahead of Tim May, the chief executive officer of FICA. ...
08:39 PM, May 13, 2013
Dubai: An expatriate Indian man and his three-year-old daughter in Bahrain have been forced to rough it out in the open for the last six months after a business deal went sour. A desperate Mohammad Sikandar Samrat and his daughter Sara have been living in a park, mosque and car since November 2012 as his daughter does not have a passport and he is yet to get 65,000 Bahraini dinars...
07:38 PM, May 13, 2013
Chennai: Chennai Super Kings were sitting pretty at the top until Monday when Mumbai Indians pushed them to second position with a win against Sunrisers Hyderabad, but the two-time IPL champions will be determined to reclaim their top position with a win at home against bottom-dwellers Delhi Daredevils on Tuesday. With just pride to play for, Delhi can only hope to finish the season on a high but Chennai would...
07:25 PM, May 13, 2013
The people of Pakistan have reposed their faith in Nawaz Sharif and his PML(N) party. As Pakistan faces an uphill battle against Taliban terror, a large number of radicalised and unemployed youth in a stuttering economy, is he the man for the job? What will be his equation with the Pakistan army which has forced him off power in the past. What will it mean for the future of Indo-pakistani...
07:25 PM, May 13, 2013
