Thaindian News

New Delhi, May 16 (IANS) Inflation climbed to a new high of 7.83 percent for the week ending May 3, according to government data released Friday. The new inflation rate eclipsed the previous record of 7.61 percent for the week ending April 26. Read more...

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Thimphu, May 16 (IANS) Manmohan Singh arrived in Bhutan on a two-day visit Friday, the first trip by an Indian prime minister after the Himalayan nation became the youngest democracy in South Asia. He was received by his Bhutanese counterpart Jigne Thinley at the airport. While leaving New Delhi, Manmohan ... Read more...

Washington, May 16 (ANI): New observations from NASAs Mars Reconnaissance Orbiter suggest that any liquid water that might exist below the planets surface, and any possible organisms living in that water, would be located deeper than scientists had suspected. Scientists came forward with this hypothesis after the Mars probe observed ... Read more...

Kuala Lumpur, May 16 (ANI): Having two wives at the same time is certainly not the best idea for any man, considering all the bickering and vying for hubbys attention but with Mohamed Nor Awang, an odd-job worker, the case is bit different. The 51-year-old Malaysian has three wives and ... Read more...

Mumbai, May 16 (IANS) Major Indian equities markets went down Friday soon after opening in the green, despite strong initial buying interest in power, banking, capital goods, automobiles and IT stocks. The 30-share benchmark sensitive index of the Bombay Stock Exchange (BSE), the Sensex, opened with a gain of 122.87 ... Read more...

Mumbai May 16 (IANS) Indian equities markets opened in the green zone Friday, taking off from the positive close overnight and mirroring strong cues from global markets. The 30-share benchmark sensitive index of the Bombay Stock Exchange, the Sensex, opened with a gain of 122.87 points at 17,476.41. All sectoral indices ... Read more...

By Monobina Gupta New Delhi, May 16 (IANS) The quintessential bookshop jammed from the ceiling to the floor with books - the last refuge of a loner and a book junkie - is a genre fast dying out in the capital. The Bookworm, a haunt for all those who wear with ... Read more...

New York, May 16 (IANS) Works by Indian artists Subodh Gupta, Anish Kapoor, T.V. Santosh, Chintan Upadhyay, Riyas Komu, Raqib Shaw and Bose Krishnamachari attracted high prices at Sotheby's spring series of contemporary art auctions here, exceeding expectations with the total sale amounting to $1,748,500. The highlight of the May ... Read more...

By Sushma Ramachandran It's more bad news for the United Progressive Alliance (UPA) government on the economic front, even as it looks forward to the general election in 2009. Industrial growth has dipped to a six-year-low of three percent in March this year. Coupled with raging inflation, the economic outlook is ... Read more...

By Jaideep Sarin Chandigarh, May 16 (IANS) Top-end hotels in Chandigarh just love the new T20 format of cricket. Be it the ongoing Indian Premier League (IPL) or the rebel Indian Cricket League (ICL), it has meant a windfall for these hotels. While none of the IPL or ICL matches is ... Read more...

New Delhi, May 15 (IANS) The government has rejected National Thermal Power Corporation (NTPC) Limited's proposal to raise about Rs.60 billion through a follow-on public offer. "NTPC had sent a proposal to the finance ministry to approach the capital market but the ministry rejected it last week," Jairam Ramesh, minister ... Read more...

New Delhi, May 15 (IANS) The union cabinet Thursday approved setting up the National Skill Development Corporation (NSDC) to meet the needs of the private sector for skilled personnel in different fields. The Planning Commission had proposed to set up a co-ordinated mechanism for skill development encompassing different public and ... Read more...

Chennai, May 15 (IANS) City-based petroleum company Chennai Petroleum Corporation Limited (CPCL) is looking for locations on the southern coast for its proposed refinery-cum-petrochemical complex in Tamil Nadu, a company official said here Thursday. The company initially planned to set up the 15 million tonne per annum (TPA) facility at ... Read more...

Chennai, May 15 (IANS) In order to meet its customer's demands in northern India, Rane NSK Steering Systems Limited Thursday announced the opening of a new steering systems plant at Bawal in Haryana. The Rs.377-million-plant will have an annual capacity of 200,000 electric power steering systems. Rane Group chairman L. Ganesh ... Read more...

New Delhi, May 15 (IANS) The Indian infrastructure sector comprising six core industries grew at 9.6 percent in 2008 fiscal, according to data released by the ministry of commerce and industry here Thursday. Barring cement and finished steel, the other industries - crude oil, petroleum refinery products, coal and electricity ... Read more...

By Hemant Chauhan Sangla (Kinnaur) Himachal Pradesh, May 15 (ANI): Popularity of the traditional Kinnauri cuisine of Himachal gained a new high, when it attracted a lot of tourists and residents during the recently held tourism festival. A variety of most popular local items served during the two-day festival won ... Read more...

Kolkata, May 15 (IANS) Ankit Metal and Power Ltd (AMPL) plans to invest Rs.10 billion over the next three years to increase its production capacity, a company official said here Thursday. "We have huge expansion plans to double our existing capacity in West Bengal and also to set up another ... Read more...

New Delhi, May 15 (IANS) India and Singapore Thursday agreed to share expertise in the management of airports and other civil aviation projects. An agreement to this effect was signed here between the Airports Authority of India (AAI) and Civil Aviation Authority of Singapore (CAAS). Under the agreement, CAAS and AAI ... Read more...

Ahmedabad, May 15 (IANS) Torrent Power Ltd Thursday announced payment of Rs.663 million as dividend to its shareholders for the fiscal year 2008. This works out to nearly 12 percent, a jump from four percent dividend announced by the company last fiscal. The company informed the Bombay Stock Exchange that ... Read more...

New Delhi, May 15 (IANS) The government is expected to further cut cement prices to tame inflation, Finance Minister P. Chidambaram said Thursday. "I think that there is scope for significant reduction in cement prices," Chidambaram told reporters after a cabinet meeting. The statement comes a day after cement companies ... Read more...

Mumbai, May 15 (IANS) Financial services major Citi India will provide $1.5 million to Hyderabad-based Indian School of Business (ISB) to study and recommend measures to promote financial inclusion and improve capital market's access to small investors and enterprises. Announcing this here Thursday, Citi India chief executive officer Sanjay Nayar ... Read more...

Mumbai, May 15 (IANS) The Tata group promoted Voltas Ltd Thursday announced a profit after tax (PAT) of Rs.2.08 billion ($52.09 million) for the fiscal year 2008, an increase of nearly 12 percent over the last fiscal. The total income increased to Rs.30.87 billion ($771.88 million), for the year that ... Read more...

New Delhi, May 15 (IANS) The government Thursday decided to protect Indian agro products from foreign patenting through an amendment in the Agricultural and Processed Food Products Export Development Authority Act (APEDA). The amendment, approved during a meeting of the central cabinet chaired by Prime Minister Manmohan Singh, will enable ... Read more...

London, May 15 (ANI): Spanish biologists have unearthed evidence that deep-sea whales, which are known to be slow and energy saving creatures, are indeed the cheetahs of the ocean. Experts at La Laguna University say that they have observed super-fast pilot whales sprinting after their preys, which may even ... Read more...

Mumbai, May 15 (IANS) Indian equities markets, which opened in the green Thursday, performed very well throughout the day and a key index climbed over 375 points, mirroring cues from other Asian markets. The markets were strongly supported by capital goods, realty, oil and gas, banking, power and metal scrips. ... Read more...

Melbourne , May 15 (ANI): The first thing that people do after getting a burn is run to rinse it under cool tap water. And now even scientists have backed the practice, by suggesting that cold running water is still the best first-aid treatment for burns. However, they are still ... Read more...

Washington, May 15 (ANI): Can you imagine a car being propelled by a fuel created from parts of discarded computers? Well, a team of Romanian and Turk researchers believes that it may just be possible someday. And the force behind their belief comes from a recycling technique they have ... Read more...

Mumbai, May 15 (IANS) The Sensex climbed over 360 points at the day's close Thursday as Indian stock markets - that opened in the green - witnessed brisk trade. The markets rose with support from realty, capital goods, oil and gas, power, banking, telecom and technology stocks. All sectoral indices, ... Read more...

London, May 15 (ANI): Former Spice Girl Victoria Beckham has revealed that she was left star-struck after meeting Oscar-winning actress Julia Roberts. The singer, who lives in Los Angeles with her soccer ace husband David Beckham, admitted that she was left a quivering wreck when she met the Pretty Woman ... Read more...

Bangalore , May 15 (ANI): With an additional layer of security in the Naxal infested districts of Udupi, Shimoga and Chiknagalur, Karnataka is all set for the second phase of assembly polls on Friday. At least 1.10 crore electorate are expected to decide the fate of 589 candidates, including Bharatiya ... Read more...

Washington, May 15 (ANI): She landed the coveted Sports Illustrated swimsuit issue cover in February and now supermodel Marisa Miller has been named the World's Hottest Woman for this year by Maxim magazine. The American beauty beats out 99 other hot women including Scarlett Johansson to top Maxim's annual countdown ... Read more...

London, May 15 (ANI): In the latest extract of her memoirs, Speaking for Myself, Cherie Blair disclosed that she found love with her future husband on the top deck of a Number 74 bus. In her autobiography, Cherie Blair said that she was already seeing two boyfriends when she met ... Read more...

Washington, May 15 (ANI): A team of scientists has made a breakthrough in capturing microorganisms that are known to dramatically reduce the oceanic emission of methane into the atmosphere. Dr Annelie Pernthaler of the Helmholtz Centre for Environmental Research (UFZ) in Leipzig says that, along with her colleagues from the ... Read more...

Mumbai, May 15 (IANS) French cement major Lafarge has acquired construction and engineering major Larsen and Toubro's ready-mix-concrete (RMC) business for Rs.14.80 billion. Announcing this here Thursday, a spokesperson of the company said L&T had been supplying RMC to all segments under the brand name L&T Concrete for the last ... Read more...

By Sudeshna Sarkar Kathmandu, May 15 (IANS) Kingfisher Airlines, the private Indian airline that boasts of "premium first class service on domestic route", will soon spread its wings overseas with flights to neighbouring Nepal. The three-year-old company launched in May 2005 by India's wellknown UB Group has begun recruitments in Nepal ... Read more...

Mumbai, May 15 (IANS) The Indian equities markets which opened in the green Thursday managed to be in the positive zone but was trading flat in the afternoon. Capital goods, banking, realty, power and oil and gas scrips remained in demand. At 1.30 p.m., the 30-share sensitive index of the ... Read more...

Mumbai, May 15 (IANS) The US Food and Drug Administration has granted approval to four drugs manufactured by the Gujarat-based pharmaceutical Zydus Cadilla. Announcing this Thursday, the company said authorities in the US had given the green signal to its fats-lowering agents and tentative approval to an anti-depressant, anti-hypertensive drug ... Read more...

Kolkata, May 15 (IANS) People who get their water from municipal authorities here should start paying for it so that there was no unnecessary use, says Mayor Bikash Ranjan Bhattacharyya. In an interactive session with the Bengal National Chamber of Commerce and Industry (BNCCI) Wednesday on how to make the ... Read more...

Washington, May 15 (ANI): A collaborative study by experts at Eindhoven University of Technology and Fraunhofer Institute has helped improve the efficiency of solar cells by more than one per cent. The researchers revealed that they used an ultra-thin aluminium oxide layer at the front of the cell to ... Read more...

Washington, May 15 (ANI): A simple office-based program of relaxation and posture exercises can reduce the incidence of headaches, and shoulder and neck pain by more than 40 per cent, a new research suggests. During the study, a team of Italian researchers found that office staff who took part in ... Read more...

Washington, May 15 (ANI): Scientists have determined that poles on Jupiters moon Europa may have wandered by almost 90 degrees, an extreme shift that suggests the existence of an internal liquid ocean beneath the icy crust, which may host life. The team of scientists, which came forward with the finding, ... Read more...