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Hyderabad, Jan.22 - Telangana Chief Minister K.Chandrasekhar Rao has said that the swine flu situation in the state is taking a turn for the worse despite the Center giving all assurances of help to prevent its spread.

Addressing media here last evening, Rao said though all measures to arrest the spread of swine flue are being taken on a war footing and there was no need to panic over the possibility of an H1N1 virus epidemic, there are about 30 persons presently under treatment in various hospitals in the state.

Mumbai: Pension fund regulator PFRDA Wednesday said it aims at increasing pension coverage for the deprived section to 15-20 percent over the next few years.

"Today pension coverage in the unorganised sector is a poor 3-4 percent and we want to take it to 15-20 percent in the next two-three years," Pension Fund Regulatory and Development Authority (PFRDA) Chairman Hemant Contractor told reporters on the sidelines of an event here.

He said the Swavalamban scheme, which is a part of the Jan Dhan Yojana, is likely to bring in more people from the vulnerable sections under the ambit of formal pension system.

New Delhi: After oil, a cut in food subsidy is on the anvil as a high-level panel Wednesday suggested giving cash to beneficiaries and shifting rice and wheat procurement to states that do not have provisions for administered purchase price.

Food Corporation of India (FCI), the Union government's nodal agency for procurement and distribution of foodgrains, should focus on eastern states, leaving bulk purchase to state agencies in Punjab, Haryana, Andhra Pradesh, Chhattisgarh, Madhya Pradesh and Odisha, the panel suggested in its report submitted to Prime Minister Narendra Modi.

Mumbai: Shares of SpiceJet Wednesday settled over 8 percent lower after Mumbai Airport asked the budget carrier to immediately pay the pending dues of Rs 5 crore and provide a bank guarantee of Rs 15 crore.

After falling 8.69 percent to Rs 21 in intra-day trade at the BSE, shares of SpiceJet ended 8.26 percent lower at Rs 21.10.

The company's market capitalisation fell by Rs 101.56 crore to Rs 1,129.44 crore.

On the volume front, 120 lakh shares of the company changed hands at the BSE during the day.

Washington, Jan 21 : A Norwegian ship designer Lade AS has come up with a futuristic new design for cargo vessels, which uses the ships' hulls as a sail.

The 'Vindskip,' which is inspired by sailboats and aerospace, has its hull shaped like a symmetrical air foil that will generate aerodynamic lift, giving a pull in the ship's direction, the Fox News reported.

The hybrid merchant vessel will also use a Liquid Natural Gas electric propulsion system, which takes the ship to the necessary speed to generate aerodynamic lift on its hull and will employ a specialized computer program to analyze meteorological data and calculate the best sailing route based on available wind energy.

Washington, Jan 21 : According to a CNN/ORC instant poll, United States President Barack Obama's