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‘Volatility in petro prices putting pressure on fisc’

NEW DELHI: Concerned over the developments in Iraq, India today said volatility in petroleum prices is putting pressure on its finances at a time when emerging economies are passing through a phase of tepid economic activity. “Recent developments in Iraq have created huge uncertainties with an overhang on the global economy. The volatility in petroleum prices have put pressure on ...

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Swiss govt prepares list of Indians with suspected black money

ZURICH: In a major boost to India’s fight against black money, Switzerland has prepared a list of Indians suspected to have stashed un-taxed wealth in Swiss banks and the details are being shared with Indian government. The names of these Indian individuals and entities have come under scanner of the Swiss authorities during an ongoing exercise to identify real beneficiary ...

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Obama launches plan to save honey bees

The United States is launching an effort to save some of its busiest workers: honey bees.president Barack Obama created a task force comprising various agencies to address the issue of rapidly diminishing honey bees and other pollinators. Honey bees pollinate fruit, nuts and vegetables, and are crucial for the nation’s food industry.They have declined sharply in recent years due to ...

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MH370 search to revert to previously suspected crash site

The drawn-out search for missing Malaysian plane will revert to an area in the Indian Ocean hundreds of kilometeres south of the previously suspected crash site following new analysis of the plane’s flight path. Investigators grappling to solve the mystery of the Malaysia Airlines Flight MH370’s disappearance are set to scour a zone previously subject to an aerial search – ...

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Cong leader favours resignation of UPA-era Guvs

Causing embarrassment to the party leadership, Congress leader and former state minister Pandalam Sudhakaran has called for the resignation of governors appointed by the previous UPA regime, terming it as an ideal course considering the traditions of the Congress. Making particular reference in a Facebook comment to Maharashtra Governor K Sankaranarayanan and Mizoram Governor Vakkom Purushothaman, both Congress leaders from ...

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ISRO to launch five satellites on June 30

India will launch five satellites for France, Canada, Germany and Singapore on June 30 under commercial agreements, space agency ISRO said today. The indigenous PSLV-C23 rocket will carry a 714 kg French Earth Observation Satellite ‘SPOT-7’ as the main payload “ISRO TO LAUNCH FIVE…” . It will also carry 14 kg AISAT of Germany, NLS7.1 (CAN-X4) and two NLS7.2 (CAN-X5) ...

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2nd ODI: Record-breaker Binny helps India defend 105 to beat Bangladesh by 47 runs

A dream debut for 19-year-old fast bowler Taskin Ahmed was undone by Bangladesh batsmen who failed to chase a paltry total of 105 after Stuart Binny’s record-breaking spell of 6 for 4 sparked a collapse that kept Bangladesh from winning their first ODI of 2014. In the end, the hosts were bowled out for an embarrassing 58, conceding the match ...

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UK Court finds 2 South Asian men guilty of match-fixing

Two men of South Asian origin were today found guilty of fixing matches in lower division leagues of English football. Singapore national Chann Sankaran (33) and Krishna Sanjey Ganeshan (43), who has dual British and Singapore nationality, have been convicted of conspiracy to commit bribery following a trial at Birmingham Crown Court. Sankaran and Ganeshan’s scam centered on plans to ...

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India better prepared to deal with Iraq crisis fallout: Rajan

With the Iraq crisis threatening to spur oil prices higher and push inflation up, the Reserve Bank today said the country has enough foreign exchange reserves and is better prepared to deal with any fallout. “As far as the external front goes, we are in much better position than we were last year. We have sufficient reserves. The CAD is ...

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Pak Offensive Against Taliban Kills Over 200 Militants

The Pakistan Army has killed over 200 militants in their all-out offensive against the Taliban in the restive North Waziristan tribal region, as Prime Minister Nawaz Sharif asked Afghan President Hamid Karzai to plug the entry of terrorists fleeing the assault. At least 25 militants have been killed in the operation against Taliban militants in the North Waziristan, one of ...

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