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Monthly News September 2015

Government slashes natural gas prices by...

Government slashes natural gas prices by 16% to $4.24 per unit

The government has cut natural gas prices by 16% to $4.24 per unit for the six-month period, beginning October 1. Natural gas prices, according to a formula approved by the government in October last year, will fall to $4.24 per million British thermal unit on net calorific value (NCV) basis from... read more »

Nippon Life to hike stake in life insura...

Nippon Life to hike stake in life insurance, mutual fund business: Ambani

MUMBAI: Bullish on growth prospects of his group’s financial services businesses, industrialist Anil Ambani on Wednesday said Japanese major Nippon Life is in an advanced stage of talks to hike stake in Reliance Life Insurance and Reliance Mutual Fund units within this financial year. In... read more »

Pravin Dixit appointed Maharashtra DGP

Pravin Dixit appointed Maharashtra DGP

Maharashtra Anti Corruption Bureau chief Pravin Dixit will take charge as the Maharashtra Director General Of Police after present incumbent Sanjeev Dayal retires on Wednesday. Dixit will be taking charge at 1p.m. after a ceremonial welcome. Chief Minister Devendra Fadnavis approved the... read more »

Modi suddenly pressured to act after Rag...

Modi suddenly pressured to act after Raghuram Rajan cuts rates

New Delhi: Now that the Reserve Bank of India (RBI) governor Raghuram Rajan responded to government pressure with India’s biggest rate cut since 2009, it’s Prime Minister Narendra Modi’s turn to act. India’s lenders have been slow to pass on rate cuts earlier this year, prompting Rajan to... read more »

5 convicts get death sentence for involvement in the 2006 Mumbai train blasts case

Nine years after a series of bomb blasts in suburban trains rattled Mumbai killing 188 people, a special court in Mumbai has sentenced five persons to death in the case, TV news reports... read more »

US whistleblower Snowden draws crowd with Twitter debut

dward Snowden has come in from the cold – on Twitter. Snowden, a former National Security Agency contractor who leaked details about the US government’s massive surveillance... read more »

Ram Jethmalani questions RSS chief Mohan Bhagwat’s quota remarks, writes to PM

Expelled BJP MP Ram Jethmalani has raised questions over RSS chief Mohan Bhagwat’s views on reservation policy, saying these can be inferred as “an election bribe” to... read more »

Destined to fail? Why Owaisi’s secular Muslim agenda may not work in Bihar elections

The debut of Asaduddin Owaisi-led All India Majlis-e-Ittehadul Muslimeen (AIMIM) in the upcoming Bihar assembly elections — on 24 seats of the Muslim-dominated Seemanchal region — has... read more »

Modi-Abbas meet raises hope for captives’ kin

External Affairs Ministry spokesperson Vikas Swarup said the leaders discussed the issue of Indians being held hostage in Iraq. Prime Minister Narendra Modi met Palestine President Mahmoud Abbas in... read more »