New Delhi

Swine flu patients complain of inadequate medical facilities in hospitals

Swine flu patients complain of inadequate medical facilities in hospitals

New Delhi, Feb. 18 - Patients undergoing treatment for swine flu in New Delhi have complained of inadequate medical facilities in government hospitals.

The country has seen a steep rise in the number of swine flu cases this year, prompting officials to investigate the cause and step up efforts to combat the virus.

Irate patients and their relatives at the Dr. Ram Manohar Lohia Hospital in the national capital said that the hospital was running out of medicines.

Google doodle marks Alessandro Volta's 270th birthday

Google doodle marks Alessandro Volta's 270th birthday

New Delhi, Feb 18 - Google has dedicated it's doodle to Alessandro Volta's 270th birthday.

Born in 1745 in the town of Como, the Italian physicist was known for the invention of an early form of battery in 1799.

He had become a professor of physics in 1774 at Como's Royal School before going on to work on the development of the "electrophorus", a device that produced static electricity.

Volta, who raised three sons with his wife Teresa Peregrini, was made a count in 1810 by Napoleon Bonaparte, and he retired in 1819 to his estate in Camnago, where he died in 1827. (ANI)

Element of doubt in Prime Minister's words: Congress

Element of doubt in Prime Minister's words: Congress

New Delhi, Feb 17 : The Congress on Tuesday said that Prime Minister Narendra Modi's refusal to give a statement in the Parliament assuring people's security and respect to every individual's religion creates an element of doubt.

" Narendra Modi had assured in the meeting that India will be an inclusive society and all religions will be given its due share and respect. Any attack on any of the religion will not be tolerated. This statement is what people expected to hear from the Prime Minister in the Parliament," said Congress leader PC Chacko.

Infosys to buy automation tech firm Panaya for $200 mn

Infosys to buy automation tech firm Panaya for $200 mn

New Delhi: Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore).

The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after Swiss consulting company Lodestone, which it bought for about USD 350 million (Rs 1,932 crore) in 2012.

The move comes as part of Infosys' 'Renew and New' strategy to enhance competitiveness and productivity of current service lines by leveraging automation, innovation and artificial intelligence, Infosys said in a statement.

Fertiliser industry approaches FM, seeks funds for subsidy payment

Fertiliser industry approaches FM, seeks funds for subsidy payment

New Delhi: Faced with liquidity crunch, fertiliser industry body FAI has written to Finance Minister Arun Jaitley seeking arrangement of funds to clear outstanding subsidy arrears, which are likely to cross Rs 40,000 crore by March- end.

In a letter to the Finance Minister, Fertilizer Association of India Director General Satish Chander has said that domestic urea manufacturers have not been paid since August, 2014. Therefore, a number of plants have resorted to shut down.

Chander also pointed that while domestic fertiliser manufacturers suffer "due to non-payment of dues for months together, upfront payments are made to foreign suppliers".

Swine flu death toll crosses 500

Swine flu death toll crosses 500

New Delhi, Feb. 17 - The death toll due to swine flu has now crossed the 500 mark across the country with Gujarat, Madhya Pradesh, Rajasthan and Maharashtra being the worst-affected states.

Reports say at least 100 more casualties were reported in just three days since February 12.

In Maharashtra, at least 50 people have succumbed to the H1N1 virus, taking the total number of cases registered to 352 since January this year

The death toll in Delhi and Tamil Nadu, though, is comparatively low even though the disease is wide spread.

Health Ministry officials have reportedly sent central teams to the worst-affected states like Rajasthan and Gujarat.

PM Modi wishes nation on Mahashivratri

Narendra Modi

New Delhi, Feb. 17 - Prime Minister Narendra Modi on Tuesday wished the nation on the occasion of Mahashivratri.

The Prime Minister took to twitter to convey his wishes.

"Good wishes to all of you on this auspicious occasion of Mahashivratri. Greetings on Maha Shivratri," Prime Minister Modi stated in a tweet.

Mahashivratri is a Hindu festival dedicated to Lord Shiva. It is observed on the 13th night /14th day of the 11 Hindu month of Phalguna or Maagh every year.

Devotees celebrate the auspicious day by fasting and offering special prayers to Lord Shiva. (ANI)

Bedi takes full responsibility for BJP poll loss in Delhi, says 'did it all not for any glory'

Bedi takes full responsibility for BJP poll loss in Delhi, says 'did it all not

New Delhi, Feb 16 : Bharatiya Janata Party (BJP) leader Kiran Bedi on Monday admitted she has failed the test and clarified that she opted for electoral politics not for position or power, but to serve the people.

"I opted for electoral politics, not for position or power, but for serving the city, which is my home for last over 40 years. A city which I have served in various capacities, through thick and thin," she said in her blog titled 'An open letter to fellow Indians'.

The former top cop also claimed full responsibility for the BJP's dismal show in the Delhi Assembly polls.

'Sin to support Manjhi', says Shiv Sena

'Sin to support Manjhi', says Shiv Sena

New Delhi, Feb 16 : The Shiv Sena has mocked the Bharatiya Janata Party (BJP) for supporting Bihar Chief Minister Jitan Ram Manjhi.

An editorial in the Shiv Sena mouthpiece, Saamana, said that supporting Manjhi would be a sin as it would be an endorsement of black era in politics. It said nobody should indulge in the sin of backing for political interest someone who has publicly said he accepts commission for development work.

"This is an open support to corruption. Any leader who says that he is getting money for development work, is a cheat towards the people and the state and no party should support such a leader (Manjhi)," Sanjay Raut told ANI today.

Customs duty on crude oil may be re-introduced

Customs duty on crude oil may be re-introduced

New Delhi: Finance Minister Arun Jaitley may look at reimposing five percent customs duty on crude oil imports to shore up revenues by USD 3 billion and create a level-playing field for domestic producers.

Presently, the government does not levy any import or customs duty on crude oil imports.

On the other hand, domestically produced crude oil attracts two percent central sales tax, something which imported oil is exempted from.

Given that there is no customs duty on imported crude oil, the CST levy places domestic producers at a significant disadvantage vis-a-vis imported crude, government sources said.

Thus, 20 percent of India's crude oil consumption that comes from domestic oil fields is taxed, whereas 80 percent of imported oil goes untaxed.

Inflation turns negative at -0.39% in January, food prices high

Inflation turns negative at -0.39% in January, food prices high

New Delhi: Inflation declined to a five and a half year low of (-)0.39 percent in January on falling prices of manufactured and fuel items even though food articles remained high.

Inflation measured on wholesale price index (WPI) was at 0.11 percent in December. The data for November was revised downwards to a negative (-)0.17 percent, from the provisional estimate of zero.

However, food inflation witnessed a rising trend in January and scaled to a six month high of 8 percent, as per the government data released today.

Inflation in pulses, vegetables and cereals was higher in January over the previous month.

On the other hand, the rate of price rise in potato, milk, rice and protein rich items like egg, meat and fish was slower in the month under review.

Firms face heat on sudden share price surge, 'speculative' leaks

Firms face heat on sudden share price surge, 'speculative' leaks

New Delhi - A large number of listed firms, including top blue-chips, are facing heat of the stock market authorities for sudden surge in their share prices and trading volumes as also for 'speculative' information leaks leaving investors at large in the lurch.

In just about one and a half months since the beginning of this year, the stock exchanges have sought 'clarifications' from at least 19 Sensex blue chips including giants like Mahindra and Mahindra, Hindustan Unilever, SBI, Coal India, Wipro, Hero Motocorp, ICICI Bank, Cipla and L&T.

Beyond Sensex companies also, at least 100 such notices have been issued so far in 2015.

HDFC Bank Q3 net profit jumps 20% at Rs 2,794.51 crore

HDFC Bank Q3 net profit jumps 20% at Rs 2,794.51 crore

New Delhi: Private lender HDFC Bank today reported 20 percent jump in net profit at Rs 2,794.51 crore for the third quarter ended December 2014 on account of higher interest income.

The bank had reported a net profit of Rs 2,325.70 crore during the same period of last financial year, HDFC Bank said in a filing to stock exchanges.

Total income of the bank rose to Rs 14,930.74 crore during the October-December period of FY15 from Rs 12,738.95 crore in the corresponding quarter of last financial year.

Net non performing assets (NPAs) stood at 0.26 percent as compared to 0.3 percent a year ago, while gross NPAs were at 0.99 percent as against 1.01 percent a year ago.

BPCL reports Q3 net profit at Rs 551.16 crore

Bharat Petroleum Corporation Limited

New Delhi - Bharat Petroleum Corporation Limited (BPCL) on Friday reported a net profit of Rs 551.16 crore for the December quarter on the back of full compensation for losses on fuel sales.

The company had reported a net loss of Rs 1,088.94 crore in the corresponding period of previous fiscal, BPCL said in a regulatory filing.

The government paid Rs 1,079.92 crore in cash subsidy while upstream oil producers like ONGC extended an assistance of Rs 2,332.88 crore to make up for all the losses that the firm had incurred on selling domestic LPG and PDS kerosene at rates lower than cost.

BPCL earned USD 1.54 on turning every barrel of crude oil into fuel in the quarter as compared to a gross refining margin of USD 1.76 per barrel in third quarter of previous fiscal.

Indian team lacks genuine all-rounders: Mohinder Amarnath

Mohinder Amarnath

New Delhi - Having taken India to World Cup glory in 1983 by his all-round performance, Mohinder Amarnath feels the current side lacks "genuine" all-rounders and the bowlers are trying to bowl too quick instead of focussing on line and length.

"In one-day cricket all-rounders make a lot of Difference. And in this team I don't see any genuine all-rounders. See when we play in India or the sub-continent then the conditions are to our liking, so probably anybody can bat, so it doesn't mean you become a genuine all-rounder," Amarnath told PTI in an exclusive interview on the sidelines of a 'Royal Stag Barrel Select Perfect Strokes' event, here.

Gold eases on low demand; global cues

Gold eases on low demand; global cues

New Delhi: Gold prices declined by Rs 50 to Rs 27,830 per ten gram at the bullion market today as demand from jewellers and retailers eased at prevailing levels amid a weak global trend.

However, silver held steady at Rs 38,100 per kg on scattered demand from industrial units.

Traders said slackened demand from jewellers and retailers at existing levels and a weak trend overseas mainly led to the fall in the yellow metal prices.

Gold in New York, which normally determine a price trend on the domestic front, fell 0.40 per cent to USD 1,233.70 an ounce in yesterday's trade.

In the national capital, gold of 99.9 and 99.5 per cent purity were down by Rs 50 each to Rs 27,830 and Rs 27,630 per ten gram respectively. It had gained Rs 90 yesterday.

Cipla to form JV with Biopharm SPA for respiratory products

Cipla to form JV with Biopharm SPA for respiratory products

New Delhi: Pharmaceutical firm Cipla Ltd has entered into an agreement with Biopharm SPA to form a joint venture company in Algeria to manufacture and market respiratory products, the company said Friday.

In a BSE filing, Cipla said: "A binding term sheet has been entered into with the company's existing partner, Biopharm SPA, for establishing a joint venture (JV) company in Algeria."

"The JV company will manufacture and market respiratory products facilitating Cipla's front-end presence in Algeria," it added.

As per the agreement, Cipla's wholly owned subsidiary, Cipla (EU) Ltd, will hold a 40 percent stake in the JV company while the remainder will be held by a Biopharm-led Algerian consortium.

Retail inflation accelerates in January, but stays below RBI's target

Retail inflation

New Delhi, Feb. 13 - India's retail inflation accelerated in January after shifting to a new base year for calculating prices, but stayed well below the Reserve Bank of India's (RBI) target, bolstering prospects for further interest rate cuts.

Consumer prices rose an annual 5.11 percent compared with a 4.28 percent gain in December, the statistics department said after it changed the base year for measuring inflation to 2012 from 2010.

Under the old series, inflation was reported at five percent in December.

Swine flu: Death toll climbs up in various states

Swine flu: Death toll climbs up in various states

New Delhi, Feb. 13 - Thirteen people, including a 70-year-old Swiss tourist in Jodhpur, have succumbed to swine flu in Rajasthan, taking the total death toll in the state to 130.

As per reports, over 1,000 people have tested positive for swine flu in the state this year.

In Gujarat, eight more deaths were reported due to the disease while the death toll in the state since January shot up to 116.

Six people also succumbed to swine flu yesterday in Hyderabad, taking the death toll to 48 since January this year.

In Telangana six people died while in Andhra Pradesh one person succumbed to the disease.

Authorities in the two states have reportedly requested people to not panic and report to their nearest health centres if they witness any symptoms related to swine flu.

World's biggest solar telescope to be built with Sheffield expertise

World's biggest solar telescope to be built with Sheffield expertise

New Delhi, Feb 12 : The world's biggest and most revolutionary solar telescope is being built with the help of researchers from the University of Sheffield.

Led by Queens University Belfast, the Sheffield team is building cameras for the 344 million super telescope which will be situated in Hawaii.

The Daniel K Inouye Solar Telescope (DKIST), which will be launched in 2019, is being constructed by the US National Solar Observatory on Haleakala mountain in Maui, Hawaii.

With a four-metre diameter primary mirror, the telescope will be able to pick up unprecedented detail on the surface of the Sun - the equivalent of being able to examine a 1 coin from 100kms away.

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