Services growth soars to 8-month high: HSBC
Services sector expanded rapidly in February at the fastest growth rate in eight months, driven by significant rise in new business orders even as jobs fell marginally in the sector, an HSBC survey said on Wednesday. The HSBC India Services Business Activity Index, which tracks changes in activity... read more »
RBI cuts interest rate by 25 basis points
In a surprise move, the Reserve Bank of India has cut the key policy rate by 25 basis points, setting the tone for a reduction in lending rates by banks. This will prod banks to drop interest rates on home and car loans. The policy repo rate under the liquidity adjustment facility (LAF) is cut by... read more »
Court bans December 16 documentary, filmmaker says will release it anyway
A Delhi court has banned a documentary film about the December 2012 fatal gang rape of a woman in the Capital over concerns that derogatory comments made by one of the rapists could create an atmosphere of fear and tension but its filmmaker has said it will be released as planned. Leslee... read more »
Government Eyes Rs. 1 Lakh Crore From Spectrum Auction: 10 Facts
The biggest-ever auction of 2G and 3G spectrum started on Wednesday and is likely to fetch the government over Rs.82,000 crore based on the reserve price. But analysts have said that the government will get around Rs. 1 lakh crore from the sale of radiowaves used for mobile telephony. Here is a... read more »
SC gives protection from arrest to Teesta Setalvad till February 19
Supreme Court today granted protection from arrest to social activist Teesta Setalvad and her husband for another six days in a case of alleged embezzlement of funds for a museum at... read more »
At least 12 dead, 60 injured as Bangalore-Ernakulam Express derails near Hosur in Tamil Na...
At least 12 passengers were killed and more than 60 injured, several critically, when 9 bogies of the Bangalore-Ernakulam Inter City Express derailed after a boulder fell on the track near... read more »
After Delhi, it’s B’lore: AAP’s huge win suggests it has a future in cit...
It is good that the Aam Aadmi Party is eyeing the Bengaluru civic body for which elections are due in April this year. Similarly, on a longer timeline, the party, enthused by its... read more »
Slinger Malinga fit for Sri Lanka’s World Cup opening match
Express pace bowler Lasith Malinga is fit for Sri Lanka’s opening World Cup clash against New Zealand at the Hagley Oval on Saturday, captain Angelo Mathews said. Malinga had ankle... read more »
National Games: Mahitha, Rameshwori steal the show
Mahitha Mohan of Kerala won her third gold medal while veteran Rameshwori Devi of Manipur proved that she was not a spent force, on the penultimate day of the cycling competitions of the National... read more »
