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Assam Floods: PM Announces ₹5 Billion Ad-hoc Central Support

Prime Minister Manmohan Singh and Congress President Sonia Gandhi reached Assam on Monday to visit the flood-affected areas and oversee relief operations in the state. The duo, who was accompanied by Chief Minister Tarun Gogoi, surveyed the flood-hit areas of Jorhat, Dhemaji and Lakhimpur.

Jul 2, 2012

Northeast Floods: At least 77 Dead in Assam; 75,000 Homeless in Meghalaya

In what might be called as the worst flood disaster this past decade, at least 77 people are reportedly dead after continuous rains and landslides hit the north-eastern state of Assam.

Jul 2, 2012

IPL 5 Spot-Fixing Scandal: BCCI Bans 5 Players Found Guilty; Former Cricketers Embrace Decision

The Board of Cricket Control of India (BCCI) on Saturday banned five players who were involved in the spot fixing scandal during season five of the Indian Premiere League (IPL).

Jul 1, 2012

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Esha Deol's Grand Wedding Without Deol Brothers; A Perfect Family Picture Missing? (PHOTOS)

Amid the lavish star-studded nuptial ceremony of Esha Deol's grand wedding with fiance Bharat Takhtani, perhaps the only thing missing was the presence of her beloved half brothers Sunny and Bobby Deol.

Jun 30, 2012

PM Meets Finance Ministry Officials, Tells To Revive Economy

Prime Minister Manmohan Singh on Wednesday met Finance Ministry officials for the first time after taking over the Finance portfolio and asked the officials to revive the country's struggling economy.

Jun 28, 2012

Eurozone Crisis To Affect India; Manmohan Singh Urges Strong Agenda for Economic Recovery

Indian Prime Minister Manmohan Singh has warned that the ongoing crisis in Europe will have the potential to cause further deterioration in India's faltering economic growth.

Jun 17, 2012

Rajat Gupta Convicted in Insider Trading Case; Who is Raj Rajaratnam?

Rajat Gupta, a former director of Goldman Sachs Group Inc, was convicted of conspiracy and securities fraud by a federal court jury in Manhattan on Friday.

Jun 16, 2012

India-U.S. Sign Agreement on Collaboration in Diabetes Research

An agreement on collaboration in Diabetes Research has been signed between Sh. Ghulam Nabi Azad, Union Minister for Health and Family Welfare and Ms. Kathleen Sebelius, US Secretary, Health and Human Services during the bilateral meeting between India and the U.S.

Jun 15, 2012

Microsoft Looking at ₹ 55 Billion Acquisiton Deal With Yammer: Reports

Software titan Microsoft may soon acquire Yammer Inc., a business networking company, for an alleged sum of over $1 billion (INR ₹ 55 billion), said sources "familiar with the matter."

Jun 15, 2012

Sunny Leone on Jism 2's Lingerie Auction: 'It sucks I didn't Know'

Adult film star-turned-Bollywood actress, Sunny Leone, is reportedly irked with the film's producers for not informing her at the start about auctioning the lingeries donned by her in "Jism 2."

Jun 13, 2012

Zanjeer Remake: Ram Charan Teja Reveals his First look as Inspector Vijay [PHOTO]

South actor Ram Charan Teja is all set to step in the shoes of 70's angry young man, Amitabh Bachchan, with his new lead role as Inspector Vijay in "Zanjeer" remake. Film's director Apoorva Lakhia has finished the first schedule of the movie and said that heroine Priyanka Chopra will join the shooting in September.

Jun 12, 2012

PM's Myanmar Visit: Meets Aung San Suu Kyi, Invites Her to India

Prime Minister Manmohan Singh held discussions with Suu Kyi for about 45 minutes, during which he gave her an invitation from UPA chairperson Sonia Gandhi to visit India to deliver the next Jawaharlal Nehru memorial lecture

May 29, 2012

HP to Lay Off 27000 Employees, Expects to Save Over $3 Billion Annually

Following declining profits and stiff competition from rival companies, tech firm Hewlett-Packard (HP) has decided to lay off 27,000 jobs by 2014.

May 24, 2012

Rupee Tumbles Short of 'Psychological 55' at Record Low of 54.99 to Dollar

Indian currency took another beating on Monday, sinking to a record low of 54.99 against the US dollar in the late afternoon trade session. The rupee stood at 54.96/97 to the dollar at 4:26 p.m. (1056 GMT), and had earlier plunged to the key psychological level of 55 to the dollar, Reuters said.

May 21, 2012

Pranab Mukherjee's Crackdown on Black Money; Tables White Paper in Parliament

Finance minister Pranab Mukherjee presented the much-anticipated "white paper on black money" at a Parliament session on Monday. Mukherjee's proposed move reflected an earlier promise made during his budget speech in the Lok Sabha where he said, I will try to give all the relevant and possible information".