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Taoiseach Holds Contacts With AIB

The TaoiseachAllied Irish Bank is defending the contact he made with an AIB official to inquire about transactions under investigation by the Mahon Tribunal.

Jim McNamara told the tribunal that Bertie Ahern contacted him this year to ask about particular lodgements being investigated by inquiry, told Jim McNamara to tribunal.

Mr. Ahern was marveling what conclusive evidence the bank had that three specific lodgements made in the 1990s were foreign exchange transactions.

Mr. McNamara accepted that it was a very unusual request from the Taoiseach.


Pakistanis in America concerned over arrest of fellow countrymen by FBI

Washington, Sep 23 : The arrest of 45 people, mostly Pakistanis, in an FBI sting operation in Maryland has stunned Pakistani-Americans as they fear that it would further strengthen the negative stereotyping of their community in this country.

"People are scared. It will have a very negative impact on the entire community," said Munir Ahmad, a member of the Maryland Muslim Council.

"Some of the suspects were known in the community and people have been dealing with them," he said.

"People say that they were licensed money dealers and apparently law-abiding citizens. We don’t know what happened," Ahmad added.


Many Pakistanis have lost faith in Musharraf: Time

Islamabad, Sept 23 : Pakistan President General Pervez Musharraf’s undertaking to the Supreme Court that if re-elected by the Parliament, he would step down as Army Chief before being sworn in on November 15, is a promise that rings hollow to some, and one that has been heard before.

According to an article in the Time magazine, some lawyers and analysts see the promise as an attempt to pre-empt an apex court decision declaring him ineligible to run for President.


Best Things In Life Are Of No Cost

London: Life is a precious gift. Live happily, and relish every moment of it.
Dr_Richard_Tunney
Scientists at the University of Nottingham have discovered that it’s the simple things in life, which impact optimistically on one’s pleasure sense.

Lead researcher, Dr. Richard Tunney, of the university`s school of psychology told that cheerful people liked the free and simple treats, whereas those who identified themselves as more distressed or restless picked out CDs, DVDs and meals out.


Lasting Cough May Cause COPD

copdSmoking leads to lung cancer and heart disease that might be cognizant to many people. But do you know it also causes grievous respiratory circumstance in which the airways get barred? So Smokers mind it.

To a higher degree 13 million Indians are dupes of Chronic Obstructive Pulmonary Disease (COPD), where the patients’ airways are blocked.

While addressing presspersons on World COPD Day, B.V. Muralimohan, consultant pulmonologist of Narayana Hrudayalaya, commanded smoking was one of the main does for acquiring COPD.


Deep Sleep Necessary To Keep Diabetes At Bay

Deep SleepChicago: Diabetes risk increases with lack of sleep, according a new study.

US researchers said that deep, restful sleep is good for keeping Type 2 diabetes at bay.    

In study findings, the researchers observed that slim, healthy young adults who do not experience the deepest stage of sleep known as slow-wave sleep developed insulin resistance- linked to Type 2 diabetes just after three nights.

Eve Van Cauter, a professor of medicine at the University of Chicago, said, “It demonstrates the importance of deep sleep not only for the brain, but for the rest of the body.”


Fujitsu Rolls Out ‘The LifeBook U1010’ In Indian Market

Fujitsu has rolled out a 3.5G-enabled mobile companion, named ‘The LifeBook U1010’ in the Indian market, which it claimed to be the world’s smallest tablet-convertible ultra mobile PC (UMPC).
It offers users a first-class combination of function, superiority, method and infinite connection. It weighs just 630 grams.
Powered by Intel processor A110 with 800MHz of processing power, the U1010 consists of newly designed 0.2 mm aluminum plated QWERTY keyboard and sports a 5.6-inch SuperFine WSVGA display that is a Passive Touch Panel with 1024×600 pixels resolution. The U1010 has dimensions of 171mm (w) x 133mm (d) x 26.5-32.0mm (h). Besides, it has a palm resistance touch screen that permits the fingers to do the work, without a stylus.


Protester killed in clash with police in southern Yemen

Yemen FlagSana'a, Yemen  - A protester was killed in a clash between police forces and protesters trying to free detained opposition activists in the southern Yemeni province of Lahj on Tuesday, witnesses said.

They said the clash broke out after dozens of armed protesters stormed into a detention centre in the Habeel Jabre twon of Lahj, some 300 kilometres from the capital Sana'a.

Another protester and two police officers were injured in the clash, they said.

The detained activists were among dozens of people arrested after violent protests in several southern cities in the past three weeks by disgruntled youths demanding army jobs. (dpa)


Interview: Indian Stock Markets will depend on Global cues, Mohinder Kumar

This week, TopNews Stocks editor Neeta Aurora interviewed Technical Analyst Mohinder Kumar about his view on Stock Markets trends for the next six months. Below are the excerpts from the interview.

Neeta: Indian Stock markets faced correction in late January this year. What was your recommendation to clients?


India Has More Than 30 Mln Diabetes Patients – A Study Report

A new study carried out by MSD Pharmaceuticals, a wholly-owned Diabetes Patientsubsidiary of Merck and Co Inc (USA), revealed that India is home to the largest population of diabetics in the world with over 30 million people suffering from the disease.

The study claimed, “India is considered the diabetic capital in the world, with the largest population of diabetics.”

Besides, the company has also launched 'Januvia' (Sitagliptin), an approved Dipeptidyl Peptidase-4 Inhibitor for Type 2 Diabetes, in Kolkata on Thursday.


India Needs To Focus On Malaria Prevention, Says WHO Officials

World Health Organization officials urged India to concentrate more on the India Needs To Focus On Malaria Prevention, Says WHO Officialsprecautionary aspects of malaria than discovering the treatment of the disease.

The WHO officials stated India needs to eradicate the micro killer by following up effectual means of preventing malaria.

Until now, the fight against the mosquito threat is completely centered on disease treatment.


Weight Gain Good For Sufferers Of Type 1 Diabetes, Says Researchers

A new study conducted by American researchers revealed that gaining Weight Gain Good For Sufferers Of Type 1 Diabetes, Says Researchersweight may be not risky for sufferers of type 1 diabetes.

The results are based on the study in which the researchers at the University of Pittsburgh monitored 655 patients with Type 1 diabetes for a period of 20 years.

The researchers discovered that those who gained weight were less likely to die, as compared to diabetics having a body mass index (BMI) in the underweight range. The overweight and obese had a lesser death risk than those in the normal range.


Diabetics More Prone To Hearing Loss, Says Researchers

A new study conducted by the US researchers revealed that diabetics are Study Shows Hearing Loss May Be More Common Among People With Diabetesmore prone to hearing loss than other people.


The study researchers said that it may be a good idea for diabetes patients to have a hearing test on a regular basis.

An editorial published with the study agrees, noting that "in many cases of mild to moderate hearing loss, patients are not aware of what they cannot hear."


Italian police arrest over 30 Tamil Tiger suspects

Italian police arrest over 30 Tamil Tiger suspectsNaples, Italy  - Italian police Wednesday arrested at least 30 people suspected of obtaining finance for Sri Lanka's Tamil Tigers rebel group.

The suspects, all Sri Lanka citizens, were picked up in raids in several cities including Naples, Rome, Genoa, Bologna and Palermo, police said.

"The suspects extorted sums from fellow Sri Lankan nationals working as housekeepers or minders for the elderly in Italy," Naples' anti-terrorism police chief, Antonio Sbordone, said.


Indian "went to UAE to kill a man for 1,000 dollars"

Indian "went to UAE to kill a man for 1,000 dollars"Dubai - An Arab resident of the United Arab Emirates hired a professional killer from India to murder a man who harassed his wife, media reports said Thursday.

The plan was discovered when Sharjah police discovered the body of a man who was stabbed to death, while another was severely injured, according to the UAE Khaleej newspaper.

It said investigations showed that a man contacted a professional killer in India and agreed for him to go to the UAE to murder a man who harassed his wife in return for
4,000 Dirham (1,090 dollars).


Turmeric Prevents Type-2 Diabetes In Mice Experiment

A recent study by the researchers at Columbia University revealed that Turmeric Prevents Diabetes In Mice Experimentturmeric plays a major role in the prevention of Type-2 diabetes.

The endocrinologists discovered that turmeric-treated mice were less susceptible to develop Type 2 diabetes.

Moreover, the researchers also found that obese mice that were given turmeric showed considerably reduced inflammation in fat tissue and liver as compared to controls.


Seventeen top police officers fired in deadly disco stampede

Seventeen top police officers fired in deadly disco stampedeMexico City - Seventeen high-ranking police officers have been fired for their role in a police raid on a disco last week that left nine teenagers and three police officers dead in a stampede, Mexico City authorities said Tuesday.

The city's Public Safety Minister Joel Ortega and police Internal Affairs boss Alberto Peralta said the officers held responsible include directors and deputy directors in several areas of the police department, including Alejandro Garmino Tejeda, who was named "police officer of the year" in 2005, 2006 and 2007.


Pratibha Industries picks order worth Rs 180 crore

Mumbai-headquartered Pratibha Industries, a leading construction and infrastructure development company has secured an order worth Rs 179.72 crore for construction of mall podium from Lanco Hills Technology Park.

The project involves 'construction of a Mall Podium of four basements upto ground level.

The total constructed area would be 15.22-lakh sq. ft and the project would be completed in 15 months.


Current account deficit surges 77% to $17 billion

India recorded a deficit of Rs 104 core in its current (January-March) account in the country’s balance of payments during the fourth quarter of a fiscal due to the rise in oil prices. India's current account deficit in 2007-08 rose by 77% to touch $17.4 billion, accounting for 1.5% of GDP in 2007-08. The oil import bill increased by 34.6% to $76.9 billion in 2007-08 due to surge in crude price. However, non-oil imports recorded a growth of 30.6% only.


Bilateral swap agreement signed between Japan and India

Reserve Bank of India (RBI) and Bank of Japan (BOJ) has signed a bilateral swap arrangement (BSA) on Monday. The BSA was signed by BOJ governor Masaaki Shirakawa and RBI governor Yaga Venugopal Reddy in Basel, Switzerland. It will pave a way for swapping local currencies against the US dollar for up to $3 billion. The agreement will also sort out problem of short-term liquidity and strengthen existing international financial arrangements

The agreement was come into effect on Sunday (June 29). Both Japan and India can now swap Yen and rupee against the US dollar up to $3 billion. They will hold biannual consultations on economic and financial conditions of each country with the BSA in effect.


Bulgarian munitions depot explodes, no injuries

Sofia - A military munitions depot caught fire east of the Bulgarian capital Sofia, causing several explosions but no injuries Thursday, civil defence authorities said Thursday.

Minister for Civil Defence, Emel Etem, said there was not danger to the population and the situation was "under control."

However, the Sofia international airport, which is also located east of the city, was closed down for safety reasons. Planes arriving from abroad were redirected to Plovdiv,
150 kilometres to the east.

Residents of a village near the munitions depot site were evacuated, while people were also advised to keep their windows shut. Electricity was cut off in several villages.

With further explosions still possible, the military had not yet been able to enter the depot area.


Inflation Can Effect Growth, Says Montek

Planning Commission deputy chairman Montek Singh Ahluwalia said that Planning Commission deputy chairman Montek Singh AhluwaliaIndia is not the only country to be affected by the inflation. All countries are facing economic problems due inflation. He emphasized that world is in middle of a dramatic change in the world price distribution. Hence Indians should get used to the high energy prices.


Growth rate of 8% expected this fiscal year: Ahluwalia

The economic growth rate of India may moderate to 8% during the current Growth rate of 8% expected this fiscal year: Ahluwalia (2008-09) fiscal year.

Planning Commission Deputy Chairman Montek Singh Ahluwalia said that the 13-year high inflation rate of 11.42 percent may result into a little lower growth rate but if necessary steps to control inflation are taken, the growth objective of 9% will not be difficult to achieve.

On the other hand the central bank expects the economy to clock a 8-8.5 percent growth in 2008/09.


Inflation Rate Climbs Up To 11.63%

For the week ended June 21, inflation rate climbed up to 11.63 percent, as Inflation Rate Climbs Up To 11.63%against 11.42% during the last week.

The inflation rate is presently at the highest since May 6, 1995, when it was 11.11%.

Fueled by increasing food and commodity prices, this will be the 19th straight week that inflation rate has been rising above 5.5%, RBI’s target by the end of the fiscal year in March 2009.


Bank credit up 25.4%, deposits rise 22%

The Reserve Bank of India (RBI) said on Thursday that the flow of credit from scheduled commercial banks has increased between April and June 20 this year. The credit flow has increased by 25.4% during this period. The growth is slower than the corresponding period of last year.

The rise in credit is due to high demand from public sector oil firms. The oil firms are under-recovery due to subsidy on oil products. They are forced to sell petroleum products at the rate below the prevailing global rates.


Direct tax collections reach 39% despite slowdown fears

Despite the fear of economic slowdown as a result of continuous rise in the crude oil prices, the net direct tax collections increased by 38.61 per cent in the first quarter.

According to a statement released by the Finance Ministry, the growth in direct tax collections in Nagpur and Kochi witnessed as high as 74.08 % and 68.98% respectively, in the direct tax collection, whereas, it was less than 50% in cities like Mumbai, Bangalore and Kolkata. In the capital city Delhi, the direct tax collection increased to 53.57%.


More 3D Mobile Games from 7Seas

The 3-D games are in latest trend. The gizmo freaks always have an eye for such games and look forward for any new introduced in market. There is good news for all those who love playing 3-D games.

Recently 7seas, a Hyderabad-based gaming company, launched not just one, but seven 3D mobile games across the globe.

The names of the games are - 3D Sudoku, Planets of Sudoku 3D, Neetu The Alien Killer, Great Elude, Treasure Trove, Derby3D and Kraze.

Kraze and Derby3D are the ones which come as both single as well as multi-player. On the other hand Planets of Soduku 3D, Great Elude and Derby 3D come as multi-lingual. The languages are English, French, Italian, Spanish, Dutch and German.


German police seize cars to halt Croatia-bound race

German police seize cars to halt Croatia-bound raceDeggendorf, Germany  - German police said Wednesday they had seized five luxury cars and confiscated the owners' driving licences to halt an illegal cannonball run across Europe.

The five men, from Britain and Spain, were believed to be racing from the German city of Cologne on a criss-cross route to Croatia with stops at Munich, Salzburg and Vienna.


Look deep into eyes to detect diabetes

Now eyes will help the doctors to detect patients prone to diabetes. A new Look deep into eyes to detect diabetes screening device is designed by scientists at the University of Michigan Kellogg Eye Centre. It will take images of eyes and detect metabolic stress and tissue damage.  Thus the new device will give symptoms of eye diseases and these symptoms will be used to find diabetes prone persons.

The screening device tests both eyes in five minutes. It measures the intensity of cellular fluorescence in retinal tissue. The high level of fluorescence indicates eye disease.


ThinkGeek Introduces Watch with built-in USB Flash Drive

ThinkGeek has introduced a two in one wrist watch, which can be used as storage device besides getting information of time. Actually, it is provided with in built flash drive. The watch has dimension of 29 x 25mm while flash drive has dimension of 38 x 13 x 6mm. It can store data up to 4GB.

The watch has a plastic case covered with stainless steel mask. It also offers Japanese quartz movement and black polyurethane strap. The drive can be slide out from case and further reinserted in the metal case. In brushed silver finish and convex mineral glass with shiny raised index, the watch has a beautiful look.


Leading al-Qaeda-linked terrorist escapes Kenyan police

Leading al-Qaeda-linked terrorist escapes Kenyan police Nairobi  - A suspected leading terrorist with links to the international al-Qaeda terrorist network managed to escape arrest in the Kenya capital over the weekend, The Standard newspaper reported Monday.

Fazul Abdullah Mohammed, thought to be a key figure in the 1998 bombing of the US embassy in Nairobi, returned to Kenya last week from Somalia, the report said, citing police sources.

He was in hiding in his house in the coastal village of Malindi and managed to flee just an hour before police arrived to arrest him, the report said.


Egyptian police exchange gunfire with Gaza smugglers

Cairo  - Egyptian police on the Gaza Strip border exchanged gunfire with three smugglers attempting to bring fuel and food to the strip, Cairo sources said Thursday.

The three Egyptian smugglers and one policeman were wounded in the exchange. All the wounded were taken to hospital.

The incident occurred at a tunnel used by smugglers located north of the Salahaddin gate at the Rafah crossing point on the Egyptian- Israeli border.

Smuggling of food, weapons and fuel to Gaza strip has become commonplace in the wake of the Gaza blockade by Israel which has caused shortages of basic commodities, such food, medicine and fuel for Palestinian residents. (dpa)


Direct Tax Collections Up 47%

The increase in TDS receipts and buoyancy in corporate profits led to an Direct Tax Collections Up 47%increase in the direct tax collection, including corporate and personal income tax, by 46.95% to Rs 71,648 crore in April-July this year.

A finance ministry statement said, “Robust growth in direct tax collections is a result of tax education and compliance mechanism put in place by the Income Tax department in the area of tax deducted at source (TDS) and tax collection at source (TCS) and indicates further improvement in tax administration and tax compliance levels.”


Inflation Accelerates To 12.01%

The rate of inflation has increased to 12.01 percent. It is the highest rate in Inflation Accelerates To 12.01% past 13 years. The inflation rate was 11.98 per cent in the last week. The wholesale price index (WPI)-based inflation rate is increased due to increase in the prices of as pulses, spices, eggs, fish and meat and some dairy products.

Although the rate of steel is not increased by steel companies yet the increase in the prices of cement contributed in the rise of inflation rate.


Board of SE Investments approves stock split

Board of SE Investments approves stock splitSE Investments Limited has informed that its board of directors at its meeting has approved to split / sub-divide the existing one equity share of the face value of Rs 10 each into 10 equity shares of the face value of Rs 1 each, subject to the approval of its shareholders. During the meeting, the board has appointed Harish Singh as executive director of the company for a period of 5 years. Further, it has also approved for amalgamation of Unnati Financial Services, New Delhi with the company under a scheme of amalgamation, subject to approval of the Scheme of Amalgamation by the Board of Directors of both companies.


Czech police detain German tourist for making Nazi salute

Czech police detain German tourist for making Nazi salute Prague  - The Czech police detained a 19-year-old German who allegedly raised his arm in a Nazi salute at a campsite near the city of Brno Friday, CTK news agency reported.

The man had been staying at the site during Brno's motorcycle races.

The police detained him on a lead from reporters, who noticed Thursday that he repeatedly made the salute while passing a tent fitted with a Nazi-era flag.

The suspect faces up to three years in prison for hate crime.


Czech police charge two engineers in deadly train crash

Czech police charge two engineers in deadly train crash Prague  - The Czech police have charged two civil engineers in the case of a train crash that last week killed seven and injured more than 60 passengers, police said Friday.

On August 8, a packed international express train rammed into a road bridge in the north-eastern Czech Republic that had collapsed on the tracks seconds before.

The overpass had been under reconstruction.

The men, both aged over 50, were responsible for safety during the work on the bridge, police said.


Some 1,000 police officers evict indigenous people in Ecuador

Quito  - Some 1,000 police officers evicted 200 indigenous people from a 70-hectare lot they had illegally occupied for more than a year, Ecuadorian media reported Thursday.

The members of the Kichwa, Shuar and Hoaorani communities had lived on the land in the Amazonian town of Puyo, some 222 kilometres from Quito, since April 14, 2007.

Force was used to remove them after an initial verbal request that the indigenous people leave the site failed to achieve the intended results. Officers brought down the walls of precarious houses and pulled people out of their homes.

According to media reports, one civilian was wounded by a gunshot during the operation.


Police: US-led coalition airstrike kills 76 Afghans

Police: US-led coalition airstrike kills 76 Afghans Kabul  - The Afghan Interior Ministry said on Friday that 76 civilians, including women but mostly children, were killed in a coalition airstrike in western Afghanistan.

"Today in the afternoon during a bombardment of coalition forces 76 people, including 19 women, seven men and the rest children, all under 15 years-of-age were martyred," the interior ministry said in a statement.


Denver police arrest 100 protestors

Denver police arrest 100 protestorsDenver, Colorado  - After days of low-key protests, 100 demonstrators were arrested by police on the sidelines of the Democratic National Convention after refusing requests to disperse, police media officials said Tuesday.

Police said in a statement that a protest crowd of about 300 people had gathered near Civic Center Park near the state capitol building in downtown Denver, and "many were observed carrying rocks and other items that could be used to threaten public safety."

Denver police used pepper spray after the protestors "suddenly rushed a police safety line," police said.


Diabetes Care Program Launched In Goa

In order to bring the health care to the doorstep of the common people, the Goa Diabetes Care Program Launched In Goagovernment signed a Memorandum of Understanding (MoU) with Novo Nordisk Education Foundation, Bangalore on Diabetes Care Programme on Thursday.

At the time of signing the MoU on Diabetes Care Programme, the Health Minister of the state government Vishwajeet Rane was also present.

While lecturing on the occasion, Rane said, “Diabetes is a major health hazard in the country affecting young and old. Goa has a alarming proportion of Diabetes patients.”


Three Yemeni policemen wounded in clash with militants

Three Yemeni policemen wounded in clash with militants Sana'a, Yemen  - Three policemen were wounded in a gun battle with suspected Islamic militants in southern Yemen late Friday, local officials said.

The fighting took place in Ja'ar city, southern Abyan province, where Jihadist fighters have a strong presence. Officials said the militants were believed to be members of a group affiliated to al- Qaeda.

Ja'ar is 600 kilometres south of the capital Sana'a, and is close to the Hatat mountains where armed Islamic groups often take shelter.


Yemen police arrest Islamic Jihad leader in crackdown on militants

Yemen police arrest Islamic Jihad leader in crackdown on militants Sana'a, Yemen  - Yemeni police have arrested a leading figure of the Islamic Jihad movement in the southern province of Abyan amid a clampdown on militant groups, security sources said on Saturday.

Khaled Abdulnabi was captured outside his house in the city of Ja'ar in Abyan late on Friday after police followed a suspicious car into Abdulnabi's house, the sources said.

A gun battle broke out between police forces and armed followers of Abdulnabi in streets of Ja'ar after the arrest and lasted for several hours, witnesses said.


Colombian police seize 5 tons of cocaine

Colombian police seize 5 tons of cocaineBogota  - Colombian police have seized 5 tons of cocaine, with a street value of about 570,000 dollars, near the country's border with Venezuela, local media reported Thursday.

The drugs were found in the municipality of Uribia, in the La Guajira region, where they were stashed. The cocaine was to be smuggled outside Colombia, media reports said, quoting regional police commander General Oscar Gamboa.

The cocaine belonged to drug baron Daniel Rendon, alias "Don Mario," Gamboa claimed. No arrests were made.


Goa Committed To The Cause Of Diabetes Awareness

The Health Minister Vishwajit Rane inaugurated ‘The Clinic on Wheels’ for the Goa Committed To The Cause Of Diabetes Awareness diabetics in the state. These clinics will be equipped with all state of the art facilities to detect diabetes and offer treatment along with educational material to offer to spread awareness about the effects of the disease and how early diagnosis of high sugar levels can prevent complications at a later stage. 


Repo Rate Cut by RBI Welcomed by Confederation of Indian Industry

New Delhi, Oct.20: The Confederation of Indian Industry (CII) has welcomed the Reserve Bank of India’s decision to cut the repo rate by 100 base points to bring it down to eight percent.

Director General of CII Chandrajit Banerjee described the announcement as a step in the right direction.

"We are thankful to the RBI Governor for agreeing to this suggestion made by CII in view of the credit crisis that was starting to manifest in the Indian system, following the global liquidity crunch," he said.

A CII statement said that the credit crunch that has been visible in India of late has been the result of the twin problem of lack of liquidity in the system and the cost of credit owing to the steep interest rates.


Trial starts in Bulgaria against 9 persons for embezzling millions from EU Aid Funds

Sofia - A Bulgarian court on Monday launched a trial against 9 people accused of embezzling millions from European Union aid funds.

The defendants were accused of stealing 14 million leva (9.6 million dollars) from funds made available to Bulgaria by the EU as part of the SAPARD (Special Accession Programme for Agriculture and Rural Development) programme.

The defendants allegedly imported used machinery for meat processing, but forged documents so the machines could be registered as new. The EU fund was drawn upon for the cost of new equipment, with the defendants allegedly pocketing the difference.


Iceland seeks rescue package from IMF and Central Banks

Reykjavik/Stockholm - Iceland was reported Monday to be inching closer to secure support for a rescue package from the International Monetary Fund (IMF) and several central banks.

The online edition of the Financial Times reported that the plan was worth 6 billion dollars, and that the IMF was to provide some 1 billion dollars.

Other central banks in the Nordic region as well as the central bank of Japan were also part of the overall deal, the report said.


European Stock Markets close higher as Investor sentiment improves

Frankfurt - Signs of confidence returning to share markets emerged Monday as stocks in Europe and Wall Street gained ground following solid rises across Asia.

By late afternoon trading, Europe's blue-chip Stoxx 50 was up 3.7 per cent at 2349 points as an element of calm characterized share trading amid signs of an easing in the global credit crunch.

Triggered by the surge in defaults in risky US mortgages, the credit squeeze has been a key factor in unleashing the recent round of world share market turmoil.

The pickup in global shares Monday also came after a tumultuous week on stock markets and with companies around the world continuing to roll out third-quarter corporate results.


Russia's Medvedev to begin two-day official visit to Armenia

Moscow/Yerevan - President Dmitry Medvedev began a two-day visit on Monday to Armenia, caught in a precarious security deadlock in the Caucasus following Russia's recent war with Georgia.

The trips marks Medvedev's fifth meeting this year with Armenian President Serzh Sarkisian, a firm Moscow ally.

"The main provision on the agenda of Medvedev's visit will be talks in the tete-a-tete and extended formats talks with Sarkisian,"

a Kremlin official said on customary condition of anonymity Monday. "This vividly proves the high level of political dialog aimed at the further strengthening of strategic partnership."

The official added that trade and economic relations were the primary topics of discussion.


US Fed Chief Bernanke warns about Slow growth for "several" quarters; stimulus needed

Washington - US growth will remain weak for "several" quarters as the world's largest economy works through a financial and housing crisis that has sharply reduced spending, Federal Reserve Chairman Ben Bernanke warned Monday.

Amid fears that the US has already dipped into a recession, Bernanke told a congressional hearing that a second fiscal stimulus package could help kick-start the economy.

Congress passed a 150-billion-dollar stimulus package in the spring, offering tax rebate cheques that raised consumer spending and helped boost growth in the second quarter.


Bangladesh parties apply to run in December polls

Dhaka - A total of 107 political parties have applied to register with Bangladesh's Election Commission for eligibility in December's general election, officials said Monday.

The parties applied to meet an extended deadline for the submissions. The submissions were mandated by the country's military- backed interim government, led by Fakhruddin Ahmed. The interim administration was installed in January 2007 against a backdrop of political turmoil.

The country's Chief Election Commissioner A T M Shamsul Huda said that the prime objective of the registration process was to put the political parties within a legal framework.


Ministers from Iraq's neighbouring countries to meet in Amman

Amman - The interior ministers of the countries neighbouring Iraq are due to meet in Amman on Thursday to look into means for helping the Iraqi government restore security.

"The conference takes place amid extremely difficult circumstances experienced by Iraq and the rest of the region," Mokhaimer Abu Jamous, secretary general of the Jordanian Interior Ministry said as he opened a meeting of the conference's preparatory committee.

"We hope the interior ministers' conference will reflect the keenness of Iraq's neighbours on helping it to confront challenges facing the country, particularly in the security field," he added.


Somali Immigrants rescued near Valletta by Maltese army

Valletta, Malta - A group of 43 Somali would-be immigrants was rescued Monday off Malta, authorities on the Mediterranean island said.

According to the Maltese army, the migrants used a satellite phone to alert a rescue centre in Italy that their dinghy was adrift and that they had lost their outboard engine. The incident took place 88 nautical miles south of the Mediterranean island.

The migrants - 30 men and 13 women - were later picked up by a patrol boat and are in good health, officials said.

Around 1,300 Somalis fleeing the conflict-ridden nation in the Horn of Africa have landed in Malta this year. That compares with 613 in 2007, 311 in 2006 and 146 in 2005.


MDC dodges SADC meeting on Zimbabwe, demands full summit

Johannesburg - Zimbabwe's Movement for Democratic Change (MDC) leader Morgan Tsvangirai avoided a regional meeting on the impasse in Zimbabwe on Monday, and demanded instead a crisis summit on the situation.

President Robert Mugabe was in Swaziland on Monday to give his side on the breakdown in his unity talks with Tsvangirai to a small group of Southern African Development Community (SADC) members, led by Swazi King Mswati III.

South Africa's President Kgalema Motlanthe and senior officials from Mozambique and Democratic Republic of Congo were also attending the summit, at which former South African president Thabo Mbeki was due to report back on his latest failed mediation attempt in Zimbabwe.


Non-bailable warrant issued against Raj Thackrey

Finally, non-bailable warrant (NBW) has been issued against Maharashtra Navnirman Sena Chief Raj Thackeray.  The Mumbai Police have said that he might be arrested soon.

The warrant was issued for a speech made by Raj in February where he had spoken against North Indians and had also targeted Amitabh Bachchan in that speech.

The Maharashtra Chief Minister Vilasrao Deshmukh was under pressure to act against the MNS chief as major political leaders condemned the actions of MNS Chief.

A Congress delegation has met the Chief Minister to demand Raj Thackeray's arrest at the earliest. Three UPA Ministers have demanded action against Raj.


Emirates to add 31 Flights to India

Dubai-based international air carrier Emirates today announced that it will add 31 weekly services to India. This will lead the number of weekly flights to 163 by February 2009.

The carrier will introduce seven additional flights with effect from October 26 between Delhi and Dubai, increasing the total weekly frequency in this route from 18 to 25 flights.

The Emirates will add seven additional flights per week to its current 28 flights per week from Mumbai.


Sri Lankan Army Captures Strategic Town

Sri Lankan Army on Monday captured Vannerikulam town and encircled Nachchikudha, the main sea Tiger base, after fierce fighting which left 33 soldiers dead.

Another task force of the army got close to the biggest sea Tiger base in which 11 LTTE were killed, defense ministry said.

Apparently, stepping up their attack strategy to capture LTTE headquarters, government troops overnight and this morning launched a fierce offensive to capture the Vannerikulam town for which the Tigers had put up a stiff resistance.

The new offensive brought the army a step closer to capturing the militants' de facto capital of Kilinochchi in northern Sri Lanka, the military said.


Google CEO Eric Schmidt supports Barack Obama

San Francisco - Google CEO Eric Schmidt is to endorse Barack Obama and start campaigning for him, he told the Wall Street Journal Monday.

The endorsement by the man widely seen as the most powerful figure in the technology world came just a day after the Democratic presidential candidate was boosted by the endorsement of Colin Powell, a widely respected former Republican Secretary of State and retired four-star general.

The report said that Schmidt will campaign for Obama starting in Florida on Tuesday. He has also been providing unofficial advice to the Democratic hopeful on energy and technology issues, and could be in line for a Chief Technical Officer post Obama has said he would create in his administration.


16 inmates die and 17 Injured in Jail mutiny in Mexico

Mexico City - Some sixteen inmates died and 17 others were injured in a jail mutiny in the northern Mexican city of Reynosa, on the border with the United States, according to preliminary information made public by the authorities.

The state attorney in the state of Tamaulipas, Manuel Miranda, was quoted by the news agency Notimex as saying that the mutiny happened in the early hours of Monday. dpa


Tottenham defender Woodgate sticks by under-fire boss Ramos

London - Tottenham centre-back Jonathan Woodgate insisted Monday that manager Juande Ramos still has the full backing of the team despite their dreadful start to the season.

Sunday's 2-1 defeat at Stoke, in which they picked up two red cards, conceded two penalties and lost defender Vedran Corluka to a head injury, left Tottenham bottom of the table with just two points from eight games, their worst ever start to a season.

There has been speculation suggesting Ramos is facing the sack, although it now looks more likely that it could be sporting director Damien Comolli who is ousted.

Woodgate, certainly, believes Ramos should stay. "He is still the manager and hopefully he will continue to be," he said.


Richard Blackwell dies in hospital

Los Angeles - Richard Blackwell, the former actor and model who became the scourge of the fashion world with his annual list of "worst dressed" celebrities, has died in hospital at the age of 86, the Los Angeles Times reported Monday.

His withering evaluations of the fashion sense of movie stars, music icons and European royalty helped turn him into a household name from the 1960s through the '80s.

Some of his earliest barbs targeted style icons like Marilyn Monroe, Sophia Loren and Elizabeth Taylor, whose "plump" figures and revealing clothes reminded him of "the rebirth of the zeppelin," he wrote in 1963.


Strauss-Kahn apologizes for affair; inquiry findings expected soon

Strauss-Kahn apologizes for affair; inquiry findings expected soon Washington - International Monetary Fund (IMF) chief Dominique Strauss-Kahn has reportedly apologized to staff over an improper affair with a married subordinate.

Meanwhile, the IMF on Monday said an inquiry into whether he abused his position will be completed by the end of the month.

Strauss-Kahn met Friday with the IMF's executive board, which has the power to dismiss him, and has been "fully supportive" of the investigation, according to a statement from Shakour Shaalan, who leads the 24-member board.


New Zealand inflation hits 18-year high at 5.1 per cent

New Zealand inflation hits 18-year high at 5.1 per cent Wellington - New Zealand's inflation rate, boosted by soaring petrol prices, hit an 18-year high of 5.1 per cent in the 12 months ending September 30, official figures revealed Tuesday.

The consumers price index rose 1.5 per cent in the September quarter, Statistics New Zealand said.

The figures came as no surprise to analysts, who said that the inflation rate was likely to have peaked with consumer prices for fuel and food already beginning to ease.


Punj Lloyd arm bags contract worth $ 22.48 million in Indonesia

Punj Lloyd, a leading engineering procurement & construction (EPC) and project management services company has informed that PT Punj Lloyd, a wholly owned subsidiary of the company in Indonesia has secured an order worth US$ 22.48 million.

The order was awarded by PT Shell Indonesia for Engineering, Procurement and Construction (EPC) services contract of New Fuel Terminal at Pulau Laut, Kalimantan.

The stock of Punj Lloyd closed today at Rs 167 on BSE. It touched an intraday high and low of Rs 178 and Rs 160 respectively.


Lanco Infratech gets board’s approval to de-merge LHTPP into two units

Hyderabad-based infrastructure firm, Lanco Infratech has informed that the Board of Directors of its subsidiary Lanco Hills Technology Park Pvt. Ltd (LHTPPL) has decided to de-merge LHTPPL into two entities, subject to statutory and various other approvals.

With the de-merger of LHTPPL, the SEZ business would be retained by the existing LHTPPL and the non-SEZ business would be de-merged into a separate company.

The de-merger would be effective from April 1, 2008.

Many stock analysts are bearish on the Lanco Infratech stock in the short-term. They expect that the stock’s medium-term downtrend will persist until the stock crosses its resistance of Rs 105 in the short-term.


Future Group forms JVC with UAE-based Axiom Telecom

Future Group forms JVC with UAE-based Axiom TelecomThe Future Group, whose flagship company Pantaloon Retail operates over 1000 stores nationwide, has entered into an agreement with UAE-based mobile retail company Axiom Telecom, to form 50:50 joint venture company christened ‘Future Axiom Telecom Ltd.’

According to the company, the newly formed JVC will retail and distribute mobile handsets and accessories and set up service centres in India. Further it would also take charge of the 500 stores and touch points in 58 cities, which are currently running under the brand name of Mobile Bazaar and Mport respectively.


Tulsyan NEC inks MoU with Budhrani Group

Kolkata-based Tulsyan NEC Limited, a flagship company of the Tulsyan group, has signed a Memorandum of Understanding (MoU) with Budhrani Group of companies to set up a steel making and rolling mill in Nigeria on a joint venture basis to manufacture long products.

According to the sources, the production capacity would be around 60,000 metric tonnes per annum and the turnover for this venture is expected to be around Rs 350 crore.

Both partners intend to pump investment worth Rs 68 crore for the plant.

Tulsyan shares touched a high of Rs 65 on the BSE after the news. But later the stock ended the day at Rs 62, down Rs 2 or 3% over the previous close.


Convicted Lockerbie bomber Al-Megrahi terminally ill

Amsterdam - Abdelbaset Ali Mohmed al-Megrahi, who was convicted for the so-called Lockerbie disaster, is terminally ill with cancer and expected to die within "weeks or months," a Dutch documentary filmmaker told Deutsche Presse-Agentur dpa early Tuesday.

Libyan former intelligence agent al-Megrahi, 56, was sentenced for life imprisonment in 2001 for the bombing of Pan Am Flight 103 in 1988.

A terrorist bomb on board the aircraft brought the plane down over the Scottish town of Lockerbie, killing some 270 people.

The Dutch documentary maker says he was given the information about al-Megrahi by "reliable sources close to a Libyan delegation."


Panoramic Universal acquires stake in Sri Vatsa Hotels, Hi-Flyers Travel Services

Panoramic Universal, a Mumbai-based company having interests in hospitality and information technology, has informed that it has acquired 51% stake in Sri Vatsa Hotels for an undisclosed amount.

The company aims to construct a four star hotel with nearly 90 rooms in the said commercial complex through SVPHL or its subsidiary or by itself.

In a separate release, Panoramic Universal has also bought remaining 21.93 % shares of Hi-Flyers Travel Services, a travel agency catering to premium corporate and HNI clients like Sharekhan, Akruti Foundation, SSKI, Jain Irrigation, Supreme Industries, Borroughs India and several other Companies.

With the acquisition, Hi-Flyers Travel Services has become a wholly owned subsidiary of the company.


21 inmates die in Mexican prison uprising

21 inmates die in Mexican prison uprisingMexico City - Some 21 inmates died and at least 10 others were wounded in a clash between prisoners in a federal penitentiary in the northern Mexican city of Reynosa, according to preliminary information made public by authorities.

Tamaulipas state Interior Minister Jose Soberon said that the riot occurred early Monday.

Jail authorities said that the uprising was "in the process of being brought under control."


Shree Renuka Sugars acquires Gokak Sugars for Rs 69.3 crore; stock dips 8%

In a bid to access more refining capacity at a cheaper rates, Shree Renuka Sugars Ltd, India's biggest sugar refiner, has bought 87% stake in Gokak Sugars for Rs 69.3 crore, including debt of Rs 65 crore.

Karnataka-based Gokak Sugars has a capacity to crush 2,500 tonnes cane per day and has a 14 megawatt co-generation power plant. The company’s capacity is assumed to be equivalent to 7% of Shree Renuka's total crushing capacity.

According to official sources, the latest acquired mill is fully operational, and will add more income to Shree Renuka's business.

As per an estimate, the acquisition is expected to add Rs 12 crore in revenue annually.


Adhunik Power to Setup 1000 MW power plant in Bihar

Adhunik Power and Natural Resources Ltd (APNRL), a part of the Adhunik Metaliks group of companies, has signed a MoU with Bihar State Electricity Board (BSEB) for setting up a 1000 MW power plant in the state.

As per official sources, APNRL is setting up a 1000 MW thermal power plant based on coal as primary fuel, which is expected to be commissioned by June 2011.

The company plans to fulfill coal requirement for the power project through Ganeshpur, Jharkhand captive coal block of 65 MT, which has been allotted to the company.  

In the near future, the group plans to expand with similar projects in other states as well.


L&T finally decides to retain its Mysore-based Medical Equip Biz

India's largest engineering and construction conglomerate, Larsen & Toubro (L&T) has decided to continue with the operations of its Mysore-based Medical Equipment & Systems (MED) business unit.

L&T’s MED has been providing a broad range of medical equipment which includes advanced ultrasound scanners and patient monitoring systems with a distribution network, which is spread throughout the country.

The company stated in an official release that, “In view of the overwhelming demand from our customers the L&T management has decided to retain the medical equipment business.”  

The decision takes into account the interest of all stockholders, including customers and distributors, the release added.


Australian Stock Markets open positive as US Stocks ended with huge gains

Sydney - Supported by Wall Street, the Australian stocks continued their climb in early trading session on Tuesday.

Dow Jones Industrial Average closed 4.67% higher at 9265. US Fed Chief said in a statement that the US Economy will need stimulus and we may see recession for coming quarters. However, for first time in five month, US Financial Indicators were positive.

Nasdaq Composite Index closed 3.43 per cent higher at 1770. European Markets closed positive as well.

The ASX 200 added 58 points, or 1.3 per cent, to 4,213. The positive sentiment came after Monday's 4.3-per-cent increase on the bellwether index. (With Inputs from Agencies)


Nikkei gains 3 per cent after Wall Street's overnight surge

Tokyo - Tokyo markets opened higher Tuesday after the Wall Street's overnight surge, sending Japan's benchmark Nikkei Average up more than 3 per cent.

At 9:12 am (0012 GMT), the key Nikkei 225 Stock Average jumped 277.41 points, or 3.08 per cent, to 9,283 after the Dow Jones Industrial Average gained 413.21 points on hopes of easing credit crisis.

On currency markets at 9 am, the dollar was quoted at 102.10-15 yen, down from Monday's 5 pm quote of 102.22-25 yen.

The euro was quoted at 1.3337-42 dollars, down from Monday's 5 pm quote of 1.3481-84 dollars, and at 136.21-26 yen, down from 137.83-87 yen. dpa


W draws liberal stalwarts with complex Bush portrait

W draws liberal stalwarts with complex Bush portraitLos Angeles - As if there wasn't enough drama in the run-up to the US elections, political junkies now have a controversial movie about the sitting president to nurse their election fever.

Director Oliver Stone's movie hit thousands of cinemas across the country over the weekend, earning a respectable 10.6 million dollars to come in fourth at box offices after the other great chronicles of the times: Max Payne, Beverly Hills Chihuahua and The Secret Life of Bees.


Nikkei gains nearly 4 per cent after Wall Street's surge

Tokyo - Tokyo markets continued to rise in morning trading Tuesday after Wall Street's overnight surge, sending Japan's benchmark Nikkei Average up nearly 4 per cent.

In the first 15 minutes of trading, the key Nikkei 225 Stock Average jumped 352.92 points, or 3.92 per cent, to 9,358.51, after the Dow Jones Industrial Average gained 413.21 points on hopes of easing in the credit crisis.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 102.10-15 yen, down from Monday's 5 pm quote of 102.22-25 yen.

The euro was quoted at 1.3337-42 dollars, down from Monday's 5 pm quote of 1.3481-84 dollars, and at 136.21-26 yen, down from 137.83-87 yen. dpa


ASUS launches ‘Eee Box’ in Indian Market with price tag of Rs 16, 490

ASUS, the Chinese brand associated with mini notebooks in India, in association with Intel has launched world’s greenest, quietest and the most cost effective desktop PC in Indian market.

The Eee Box which measures merely 1L in size consumes 90% less electricity than normal desktop PCs and is one of the quietest desktop PC with only 26 decibels sound emission.

Further, the latest gizmo features a boot technology called Express Gate that enables users to easily access the Internet, manage pictures and communicate over IM/Skype.

This revolutionary product, priced at Rs 16, 490 (excluding taxes) is targeted at the Small and Medium Enterprise (SMEs) and the Home Users segments in India.


HP launches ‘Accidental Damage Protection Service’ across India

India’s leading IT brand Hewlett-Packard, commonly referred to as HP, has introduced its Accidental Damage Protection service under the HP Total Care programme in India.

The company stated in a release that newly introduced ‘HP’s Accidental Damage Protection’ is a service that ensures hardware replacement in the event of an accident.

Further, the service also helps avoid the unprecedented cost that one incurs on repairs or replacements caused by accidents that may occur during normal operation of mobile computing products.


Bharti Airtel offers another Six-Year Contract to IBM’s unit

Bharti Airtel gives another Six-Year Contract to IBM’s unitBharti Airtel, India’s biggest mobile phone company by customers,, has announced a strategic outsourcing agreement with IBM to further enhance its customer service experience for its top end Platinum customers through process and technology innovation.

Under the six-year contract, IBM's managed business services unit IBM Daksh will provide voice and back-office services including customer service, collections, and customer retention from its centers.


Creativity Software teams up with Universal Software

UK-based Creativity Software has informed that it has signed a partnership deal with Universal Software Corporation to supply the market in India with its location based solutions.

Through this partnership, Creativity Software will provide its location technology solutions while Universal Software will use its presence in the market to deliver tailored solutions to mobile operators and large enterprises in the country.

Creativity Software's location based solutions include Family and Friend Finder, Vehicle Tracking, Workforce Management and Travel and Social Networking Mobile Applications. Its customer list includes global brands such as Motorola, BP, America Movil, Samsung, Pearson, Walt Disney etc.


Australian stocks follow Wall Street gains

Australian stocks follow Wall Street gainsSydney - Australian stocks continued their climb in early trading Tuesday, buoyed by a 4.6-per-cent gain overnight on Wall Street.

The ASX 200 added 58 points, or 1.3 per cent, to 4,213. The positive sentiment came after Monday's 4.3-per-cent increase on the bellwether index. (dpa)


Convicted Lockerbie bomber Al-Megrahi terminally ill

Amsterdam - Abdelbaset Ali Mohmed al-Megrahi, who was convicted for the so-called Lockerbie disaster, is terminally ill with cancer and expected to die within "weeks or months," a Dutch documentary filmmaker told Deutsche Presse-Agentur dpa early Tuesday.

Libyan former intelligence agent al-Megrahi, 56, was sentenced for life imprisonment in 2001 for the bombing of Pan Am Flight 103 in 1988.

A terrorist bomb on board the aircraft brought the plane down over the Scottish town of Lockerbie, killing some 270 people.

The Dutch documentary maker says he was given the information about al-Megrahi by "reliable sources close to a Libyan delegation."


New Zealand inflation hits 18-year high at 5.1 per cent

New Zealand inflation hits 18-year high at 5.1 per cent Wellington - New Zealand's inflation rate, boosted by soaring petrol prices, hit an 18-year high of 5.1 per cent in the 12 months ending September 30, official figures revealed Tuesday.

The consumers price index rose 1.5 per cent in the September quarter, Statistics New Zealand said.

The figures came as no surprise to analysts, who said that the inflation rate was likely to have peaked with consumer prices for fuel and food already beginning to ease.


Bell tolls for lawyer who turned down gold watch

Bell tolls for lawyer who turned down gold watchSydney - Australian politicians learned Tuesday that the country's oldest practising lawyer had died aged 100 and that they would need to look for a new exemplar of grateful employment and retirement postponed.

When he succumbed to a stroke last week, George Bilbie was still working in the Newcastle law firm that he founded in 1944.

"I'm one of the luckiest people out there," Bilbie said a few months before his death. "When you are brought up poor, you appreciate everything you get."


Strauss-Kahn apologizes for affair; inquiry findings expected soon

International Monetary FundWashington - International Monetary Fund (IMF) chief Dominique Strauss-Kahn has reportedly apologized to staff over an improper affair with a married subordinate.

Meanwhile, the IMF on Monday said an inquiry into whether he abused his position will be completed by the end of the month.

Strauss-Kahn met Friday with the IMF's executive board, which has the power to dismiss him, and has been "fully supportive" of the investigation, according to a statement from Shakour Shaalan, who leads the 24-member board.


Newspaper endorsements: Detroit Free Press endorses Obama

In the most recent of the newspaper endorsements of the presidential candidates, the Detroit Free press endorsed Democratic Barack Obama on Sunday, calling the Illinois senator, the stronger candidate.

Admitting that the country clearly needs some change, the Free Press - that endorsed McCain for the Republican presidential nomination in 2000 and this year - said that Obama is “not only proposing better ones but is also better suited to the job of getting them done.”

The newspaper also noted: “The McCain running against Obama in this general election has not been the same candidate; he has been nastier, less consistent and, since his acceptance speech at the GOP National Convention, frankly uninspiring.”


Levin, Hoogendyk opine differently about Wall Street bailout

During an hour-long debate at WGVU-TV that aired live Sunday, on Public Broadcast Stations, Democratic US Senator Carl Levin and his Republican challenger, Jack Hoogendyk, reflected their sharp differences on most matters – the $700 billion bailout of Wall Street, the Iraq war, taxes, global warming, federal earmarks and health insurance.

Democrat Levin, 74, is heavily favored to win another six-year term in the Senate; while Hoogendyk, 53, is a member of the Michigan House, although term limits will force him out at the end of the year.

The duo is scheduled to meet again Monday for a final debate before the Detroit Economic Club.


Bush plans summit of world leaders about financial crisis

In a renewed effort to secure the basis of “democratic capitalism”, President Bush announced on Saturday his plans to host emergency summits of leaders from the world’s top economies to chart out a rejoinder to the financial crisis.

Though no date has been finalized for the gathering, a White House statement said it would be held in the US “soon after” the November 4 election.

At Camp David, Maryland, the President, with French President Nicolas Sarkozy and European Union President Jose Manuel Barroso in attendance, said that the comprehensive objectives of the summits would aim at revamping the regulatory framework for global finance.


Perfume's French first city reopens its overhauled museum

Perfume's French first city reopens its overhauled museumGrasse, France (dpa) - Perfume's first city of Grasse in southern France has reopened the doors of its fragrance museum, four years after they were shuttered for renovations.

The International Perfume Museum is bigger and better than ever after extensive renovations and enlargement. It now has double the floor space and a beautiful new glass gallery with a view of the Esterel mountains.

Of the museum's 50,000 items, 3,500 are now on display. The overhaul cost the city and surrounding province 14 million euros (18.81 million dollars).


Key player of 1980s deregulation era, George Keller, dies

The 84-year-old former chairman and chief executive of Chevron, George Keller, died Friday in Palo Alto.

A spokeswoman for the New York Times, Diane McNulty, has confirmed the news of Keller’s death.

Keller’s daughter-in-law, Emma Gilbey Keller - wife of his son Bill who is executive editor of the Times - said he died from complications of orthopedic surgery.

Keller was one of the key players in the 1980s era of deregulation, globalization, and the emergence of junk bond financing, when it seemed like no company was immune from hostile takeovers.


Balaji Telefilms in legal muddle over KSBKBT

Balaji Telefilms has received a notice for termination of sourcing content and telecasting of one of its highly popular weekly serials – ‘Kyunki Saas Bhi Kabhi Bahu Thi’ (KSBKBT) – being aired on Star Plus. The notice comes from SGL Entertainment, a part of the Star Group.

Along with KSBKBT, Balaji is producing five other currently running programs for the Star Group. In addition, the company produces two programs for 9X, one for Zee TV, and is also producing two programs for NDTV Imagine, which will be launched in this quarter.

SGL opines that the termination of the highly rated serial is in breach of contractual obligations owed by the Star Group to the company. It added that it will pursue all legal remedies available to it regarding the issue.


Sanjay Aggarwal is SpiceJet’s new CEO

SpiceJet, the low-cost carrier, which was practically without a Chief Executive Officer (CEO) for more than three months, on Monday announced the appointment of Sanjay Aggarwal as its CEO with immediate effect.

A company statement said that Aggarwal, who had earlier worked with the US Airways, was SpiceJet’s Chief Operating Officer and Chief Strategy Officer, before the recent announcement came along.

The newly-announced CEO, Aggarwal, takes over the position from Siddhanth Sharma. On July 12, Sharma resigned from SpiceJet, and picked up a job with rival carrier, Indigo Airlines, at a time when SpiceJet was undergoing severe financial crisis, and was in dire need of cash infusion of Rs 3.45 billion from US investor Wilbur Ross.


Obama plans sudden campaign break to visit ailing grandmother

Obama plans sudden campaign break to visit ailing grandmother Washington - Democratic Party presidential nominee Barack Obama has decided to drop campaigning for two days later this week for a previously unplanned visit to his ailing grandmother in Hawaii, campaign officials announced late Monday.

Obama, who lead rallies Monday in Florida, will continue his scheduled events through Thursday afternoon, when he will fly to Hawaii to visit Madelyn Dunham, 85.


Foreclosed voters won't be barred from voting in Michigan

Foreclosed voters won't be barred from voting in MichiganWashington - Bad enough that people were being kicked out of their homes in the mortgage crisis.

But when Democratic activists got wind of a plan by Republicans in Michigan to keep foreclosure victims from voting, they went to court.

The dispute was settled Monday out of court, a peaceful end to another skirmish over voter registration and rights that was typical of the scores expected to arise leading up to the November 4 general elections.


Japan markets open higher on Wall Street's overnight surge

Japan markets open higher on Wall Street's overnight surgeTokyo - Japan markets opened higher Tuesday after Wall Street surged overnight.

The Nikkei 225 Stock Average gained 233 points, or 2.59 per cent, to end morning trading at 9,238.59.

The broader Topix index of all first-section issues was also up 23.04 points, or 2.48 per cent, at 950.41.


Qatar Petroleum awards 800 million dollars contract to Punj Lloyd

Qatar Petroleum awards 800 million dollars contract to Punj LloydNicosia, Oct 21 : Qatar Petroleum has awarded Punj Lloyd the engineering, procurement, installation, and commissioning of the Strategic Gas Transmission Project, worth 800 million dollars.

The project includes the laying of 211 km of a 36-inch diameter pipeline with associated stations and infrastructure.


Suspected southern separatists kill five in southern Thailand

Pattani, Thailand - Suspected Muslim militants killed five civilians and injured six in two attacks in Thailand's troubled deep South, police said Tuesday.

Six men on motorcycles, believed to be separatist insurgents, opened fire with M-16 rifles on a house Monday night in the Thung Yang Daeng district of Pattani, 750 kilometres south of Bangkok, slaying three Thai Muslims, police said.

On the same night in nearby Narathiwat, assailants attacked a pickup on the outskirts of the city, killing two Thai Muslim men and injuring six others travelling in the vehicle.


MNS chief Raj Thackeray arrested

MNS chief Raj Thackeray arrestedMumbai, Oct 21 : Maharashtra Navnirman Sena (MNS) chief Raj Thackeray was arrested in Ratnagiri late on Monday night for brutal attack on North Indian rail exam candidates by MNS workers.

A case was registered against Raj Thackeray and his supporters after MNS activists attacked centres conducting railway recruitment examination in suburban Mumbai to protest against the "inadequate representation" to locals and chased away candidates from north India.


East Timor's coffee trees stunted by soil and culture

East Timor's coffee trees stunted by soil and cultureDili - In the high, craggy mountains south of East Timor's capital, Dili, a tangled blanket of wild, unkempt coffee trees is blooming.

If the flowers, now tiny flecks of white against the dark green trees, do well, it could mean more than 7 million dollars in the pockets of some of the poorest people on earth.

It could also mean a hot cup of coffee next year in Hamburg and school fees for a Timorese family.


Yahoo expected to announce at least 1,000 job cuts

YahooSan Francisco - Yahoo Inc was to announce at least 1,000 job cuts, possibly as early as Tuesday when it releases its quarterly earnings report, two newspapers reported.

The job cuts would be at least as many as the 1,000 jobs axed in January by the internet portal, which is struggling to compete with Google Inc for online advertising dollars, The Wall Street Journal and California's San Jose Mercury News reported, citing unnamed sources familiar with the matter.


India aims for the moon with Chandrayaan-1

India aims for the moon with Chandrayaan-1New Delhi - India's first-ever moon mission, due for launch Wednesday, was expected to return a rich yield of scientific information on Earth's neighbour besides being a template for international participation in space expeditions.

A 49-hour countdown for the launch of Chandrayaan-1, which means mooncraft in Sanskrit, began Monday at the Satish Dhawan Space Centre on Sriharikota Island, 90 kilometres north of Chennai.


Prime Minister leaves for Japan, China

Prime Minister leaves for Japan, ChinaNew Delhi, Oct 21 : Prime Minister Dr. Manmohan Singh has left on a five-day visit to Japan and China today.

Dr. Singh will be in Japan from October 21 to October 23 for a bilateral visit and will travel to China from October 23 to October 24 for the seventh Asia-Europe Meeting (ASEM) Summit.

In Japan, Dr. Singh will meet his Japanese counterpart Taro Aso and hold talks on political, security and economic ties, including a free trade agreement, aiming to expand bilateral strategic relations.


We first look around the nose to recognise a familiar face

Washington, October 21: An American study has revealed that the first two points that people look at to tell whether a face is familiar to them or not are around the nose.

Cognitive Scientists Janet Hui-wen Hsiao and Garrison Cottrell from the Temporal Dynamics of Learning Center at the University of California, San Diego, examined this by showing volunteers frontal-view images of faces, one at a time, and recording their eye movements.

They used an eye tracker to record the movements of the participants, which helped detect where on the faces shown the volunteers looked.


Lil Wayne declared lyricist of the year

Lil Wayne has been declared lyricist of the year by BET Hip- Hop Awards. Russell Simmons was declared as the Hip-hop Icon.

The rapper who belongs to New Orleans was nominated for 12 awards. He has also been honored with the title of MVP of the Year and the Alltel Wireless People's Champ at the ceremony hosted by T-Pain.

Lil told the crowd that he's expecting a bundle of joy any day now. "I got a son dropping any day. Pray for me," he said.


Philippine shares rise 2.61 per cent

Philippine shares rise 2.61 per centManila - Philippine shares rose 2.61 per cent Tuesday, buoyed by gains on Wall Street and other Asian stock markets.

The Philippine Stock Exchange's 30-share composite index gained 53.86 points to close at 2,116.74.

A total of 1.11 billion shares valued at 1.82 billion pesos (37.91 million dollars) were traded.

Gainers outpaced losers 63 to 28 with 38 issues unchanged.

Analysts predicted the local market would continue to track developments on Wall Street and other stock markets around the world. (dpa)


Big releases delayed by Paramount again

Paramount has delayed the release of yet another time. The first movie to be delayed for release was Harry Potter, thereafter it was The Road; this time it is The Soloist and Defiance.

No specified reasons have been given for the delay announced at the last moment. The release of Soloist has been delayed by about four months - from 21 November to 13 March. The release of soloist has been deferred to 31 Dec from 12 Dec.


More E. coli cases in Ontario

The number of E. coli cases in Ontario has increased to 159. According to a health official, the number includes both confirmed and suspected cases of the infection.

"The latest is that we have 159 cases as of this morning. Of those, 26 are lab confirmed," said Dr. Catherine Whiting, medical officer of health at North Bay Parry Sound District Health Unit.

The number of confirmed and suspected cases of E. coli poisoning linked to the Harvey's restaurant on Algonquin Avenue in North Bay, about 300 kilometres north of Toronto.  The last Thursday the count was 93 but it plummeted to  131 the next day.


New Zealand stocks rise 2.1 per cent

New Zealand stocks rise 2.1 per centWellington - The index of New Zealand's top 50 stocks rose 2.1 per cent Tuesday amid cautious gains in other Asia-Pacific stock markets.

The NZX 50 index looked set for an even better performance after morning trading saw it up 2.8 per cent after rising 3 per cent on Monday.

But the price of the biggest stock, Telecom New Zealand, suffered a reverse in the afternoon, and the index ended the day up 62 points to 2952.


Evidence to support heroin assisted treatment for addictions

According to University of BC epidemiologist, there is enough evidence to support heroin assisted addictions clinic in Vancouver

A study was conducted by NAOMI ( North American Opiate Medication Initiative, for three years on 251 addicts in Vancouver and Montreal. Most of these addicts were chronic and did not respond to other treatments.

"These people are out in the alleys, injecting heroin of unknown quality and quantity," said Dr. Martin Schechter, the study's principal investigator. "They're committing crimes, they're involved in sex work to pay for that, and they're certainly, in that situation, not going to get better."


Bolivian government, opposition agree to referendum on constitution

Bolivian government, opposition agree to referendum on constitution La Paz - The government and opposition agreed to hold a nationwide referendum Sunday on the new draft constitution proposed by the president, after he agreed to term limits, a senior official said.

Rural Development Minister Carlos Romero said on Monday the agreement moves up the next general election by one year, to January 2009, which President Evo Morales would contest for his second and final term.


Madhur Bhandarkar To Release 700 Prints Of Latest Film 'Fashion'

Madhur Bhandarkar To Release 700 Prints Of Latest Film 'Fashion'The past few films directed by Madhur Bhandarkar have undoubtedly left their mark and opened a new era for Indian cinema.

The critically acclaimed and National Award winning director is all set to release his latest much talked about film with an exorbitant 700 prints in India and abroad.


Japan welcomes financial crisis summit in US

Japan welcomes financial crisis summit in USTokyo - Japanese Prime Minister Taro Aso on Tuesday welcomed US efforts to stabilize the global financial markets and conveyed his intention to play a leading role as Group of Eight chair in the upcoming financial crisis meeting in the US, the top Japanese government spokesman said.


Studying sugar’s role in cells’ working may pave way for new therapies

Washington, October 21: Johns Hopkins scientists have found that sugar plays a significant role in how cells work, paving the way for new therapies for a number of diseases like diabetes, neurodegeneration, and cancer.

The researchers say that sugar may be as influential as phosphate in putting the proteins in cells on and off.

The conventional wisdom was that the job of turning proteins on and off fell to phosphates, which did so by fastening to and unfastening from proteins, a process called phosphorylation.

The latest research paper by the Johns Hopkins team suggests that sugar also plays a role in regulating phosphorylation itself.


Bailed out insurer AIG halts lobbying after government takeover

Washington - Insurance giant American International Group Inc, bailed out of a cash-flow crisis last month by a loan that temporarily made the US government its majority shareholder, said Monday that it would stop lobbying in Washington.

A spokesman said that the company's Washington office would continue to monitor federal lawmaking to assess impacts on AIG, but that routine work to influence congressional legislation would stop.

In addition, the company has cancelled more than 150 posh corporate events, saving an estimated 80 million dollars. AIG management came under fierce criticism from lawmakers after the revelation that executives spend 440,000 dollars on a retreat at a luxury spa, just days after the federal loan that kept the company afloat.


Madonna Gets Custody Of Children Without Opposition From Ritchie

Madonna Gets Custody Of Children Without Opposition From Ritchie In a very peaceful settlement between the star singer Madonna and her husband Guy Ritchie, the custody of the children was given to Madonna.

The Pop Diva's Daughter Lourdes (12) from a previous relationship with a fitness trainer, the couple's eight year old biological son Rocco and their adopted son David will stay with their mother but Ritchie will have 'Broad Access' to  his children Rocco and David.


Ground Beef Products Recalled Due To Possible E. Coli

Ground Beef Products Recalled Due To Possible E. Coli    The U.S. Department of Agriculture's Food Safety and Inspection Service has announced that it has recalled 2,758 pounds of ground beef from Vermont Livestock, Slaughter and Processing Co., LLC, a Ferrisburg, Vt., firm, because it may be contaminated with E. coli O157:H7.


Australians warm to prime minister going khaki amid crisis

Sydney - Kevin Rudd needed something to give his poll ratings pep and it came in the ghastly form of a stock market meltdown that wilted the pension plans of millions of Australians.

Now, the approval ratings of the 50-year-old former diplomat, a year into his first spell as prime minister, suggest he could walk on water.

"It puts him into the 70-per-cent range and only one other prime minister has done that," said pollster John Stirton, noting that only Bob Hawke, 36 years ago, was a more popular prime minister.

People tend to rally round their leader in a crisis. It's happened to Britain's Gordon Brown. For Rudd, as for Brown, the acclamation is particularly pleasing.


France to inject 14 billion dollars into six top banks

France to inject 14 billion dollars into six top banksParis (dpa) - France will inject 10.5 billion euros (14 billion dollars) into the country's six biggest banks in an effort to provide capital for business and consumer lending, Finance Minister Christine Lagarde announced late Monday.

The government is to subscribe to subordinated debt issued by the six banks but will not gain voting rights.

In all, Paris could eventually inject 40 billion euros into the financial system by this method, as part of the 360-billion-euro rescue package forged earlier in October. (dpa)


British estate agents gloomy as even the bankers are selling

London - It is the job of David Smith to keep on top of his box of index cards marked "serious buyers."

But as tight loans and tumbling prices keep a stranglehold on Britain's once buoyant property market, hardly any of his clients bother to ring back.

Estate agents like Smith are nostalgic about the days of the property boom when interested viewers would rush to compete for appointments to see the best properties as soon as they were advertised.

Britain's obsession with home ownership in a market distorted and overheated by a drastic disproportion between supply and demand has come to a sudden stop with the credit crunch.


Denis Leary Derides Autism, Parents in New Book

Denis Leary Derides Autism, Parents in New BookHollywood comic actor Denis Leary has stirred up quite a storm with his latest book, “Why We Suck: a Feel-Good Guide to Staying Fat, Loud, Lazy and Stupid.” The book has even raised the hackles of his Hollywood colleagues, for a passage in his new book where he says the reason autism is on the rise in the U.S. is because there are “inattentive mothers and competitive dads” out there and autism diagnoses "help explain away the deficiencies of (parents') junior morons."


Ignoring a naughty child is the ‘best disciplinary tactic’

London, Oct 21: Eight out of ten parents think that the best disciplinary technique for badly behaved toddlers is not to smack but to ignore them, according to a new report.

The report, published by the Centre for Research on Families and Relationships at the University of Edinburgh, suggests that raising the voice or shouting is the next most effective action.

The report is an analysis of data from the Growing Up in Scotland (GUS) study and comes weeks after MPs voted against enforcing a UK-wide smacking ban.

The GUS study, commissioned by the Scottish Government, surveyed parents of 8,000 children about issues affecting their parenting style.


$8 Million Cocaine Ring Busted

State officials say they've made an $8 million drug bust that involved a 17 year old girl and parents of three young children operating in Lancaster and York counties.

Attorney General Tom Corbett, after a 10-month investigation dubbed "Operation Dough Maker" announced multiple arrests including the couple and the teenager. The "dough" officials said, refers to the large amount of money changing hands for the drugs.

Corbett at a news conference today at the Manheim Township Police station said, "No community, large or small, is immune from drug abuse and drug trafficking.  Drug dealers will move anywhere there is a demand for their product."


Studying disease proteins’ interaction may lead to effective therapies

Washington, October 21: A leading European scientist has revealed that his new research has provided significant insights into how proteins in human cells interact and “talk” to one another, and thereby led to a better understanding of how medications work.

Giulio Superti-Furga, a professor at the Centre for Molecular Medicine of the Austrian Academy of Sciences, hopes that such insights may result in more effective therapies.

"Most of the time the mechanism of action of drugs is ill understood and we often do not even know the primary target of the drugs we swallow daily. We do not know how these drugs work at the molecular level, and side effects can have serious consequences," he said.


Yesteryears Nostalgic Music with Asha Bhonsle and Ghulam Ali

Yesteryears Nostalgic Music with Asha Bhonsle and Ghulam AliThe saying 'Old Is Gold” still holds ground even today, as one saw the launch of an album in which veteran singers Asha Bhonsle and Ghulam Ali came together.

The album promises 12 melodious power packed songs. The music for the album 'Generation’ has been given by Ghulam Ali and Son Aamir Ali.

Going down memory lane the accomplished gazal singer said "Earlier we had done the record in '84 and until now people look for it, good things never die”.


One soldier killed in clash with Muslim rebels in Philippines

One soldier killed in clash with Muslim rebels in Philippines Cotabato City, Philippines- One soldier was killed Tuesday in a clash with Muslim rebels in the southern Philippines, a regional military spokesman said.

Major Randolph Cabangbang said the firefight between government troops and Moro Islamic Liberation Front (MILF) rebels erupted in Mamasapano town in Maguindanao province, 960 kilometres south of Manila.

"The fighting is ongoing," he said. "We have one killed in action, but we withheld his identity pending notification of his relatives."


20 ‘Lifespan Essential’ Foodstuffs To Stay Healthy And Live Longer!

20 ‘Lifespan Essential’ Foodstuffs To Stay Healthy And Live Longer!A British scientist has disclosed the secret to stay healthy and live longer.

Professor Gary Williamson, professor of 'functional foods' at Leeds University, has suggested that people should consume ‘lifespan essential’ foodstuffs on a regular basis to lead a long and healthy life.

Prof Gary has revealed 20 functional foods rich in naturally occurring chemicals, known as polyphenols, which have been associated to various health benefits, including protection against heart disease.


'Rock On’ Team To Hold Concert To Benefit Bihar Flood Victims

'Rock On’ Team To Hold Concert To Benefit Bihar Flood VictimsThe 'Rock On’ team is again in the limelight for different reasons. A large scale concert has been organized by Arjun Rampal and Farhan Akhtar who starred together in the latest hit film 'Rock On’.


Chandrayaan-1 to be launched tomorrow

Chandrayaan-1Sriharikota (Andhra Pradesh), Oct 21 : Chandrayaan-1, India''s spacecraft mission to moon will be launched tomorrow from the Satish Dhawan Space Centre in Sriharikotta.

Presently, Chandrayan-1, is undergoing final checks, prior to its launch at 6.20 a. m on Wednesday.

The spacecraft would be carrying 11 payloads (scientific instruments) and weigh about 1,380 kg at the time of its launch, according to reports.

Chandrayaan-1 satellite would orbit the Moon at an altitude of 100 km mapping the topography and the mineralogical content of the lunar soil.


Mumbai Champs Defeated By Bengal Tigers

Mumbai Champs Defeated By Bengal Tigers A moment of glory flew in the air for Royal Bengal Tigers, when in the Indian Cricket League match held at the Sardar Patel Stadium in Ahmedabad on Sunday; they defeated Mumbai Champs with 12 runs.

Skipper Craig McMillan from Bengal Tiger, won the toss and the team opted to bat first. Following this they had a great start as Hamish Marshall and Deep Dasgupta shared an 84-run partnership in 9.5 overs.


On Raj Thackeray’s arrest, Maharasthtra CM says “nobody is above law”

On Raj Thackeray’s arrest, Maharasthtra CM says “nobody is above law”Mumbai, Oct 21: Maharashtra Chief Minister Vilasrao Deshmukh today said that the decision to arrest Maharashtra Navnirman Sena (MNS) chief Raj Thackeray was not a sudden decision, and that nobody was above the law.

"This is not a sudden decision. We took this decision because nobody is above law. Law is same for everyone,” said Deshmukh while talking to reporters here last night.


Manmohan for strong Indo-Japan ties

Prime Minister Dr. Manmohan SinghNew Delhi, Oct 21 : Before embarking on his Japan and China visit, Prime Minister Dr. Manmohan Singh today said that a strong India-Japan relationship would play a significant role in the emerging Asian security architecture, and added that it will contribute to "peace, stability and prosperity" of Asia and the world.

In his departure statement, he said, "I consider our bilateral relations with Japan to be one of the most important bilateral relationships we have. India and Japan are two major countries in Asia, sharing many similar interests and subscribing to common values."


Ex-US pilot recalls being told to shoot down Brit UFO in 1957

London, Oct. 21 : A former American pilot has revealed that more than 50 years ago, he was ordered to shoot down a UFO in British airspace.

Recalling the event, 77-year-old Lieutenant Milton Torres told The Times that on May 20, 1957, he received an order to fly his Sabre jet from the Royal Air Force base in Kent and fire on sight at an unidentified object that his superiors had judged to be hostile and probably Russian.

The dot indicated an object about the size of a B52 bomber about 24 kilometres away and Torres set a course, rockets at the ready, to catch it. But thereafter, the aircraft vanished. The blip on the radar was gone too.

Torres spoke about his top secret mission following the declassification of Ministry of Defence files.


Bhuapthi-Knowles Reach The Madrid Masters' Final

Bhuapthi-Knowles Reach The Madrid Masters' Final It was a proud moment for Mahesh Bhupathi and his Bahamian partner Mark Knowles, when they had a straight-set win over Swede-Zimbabwean pair of Jonas Bjorkman and Kevin Ullyett in Madrid, and thus made in the finals of ATP Madrid Masters.

It took little more than an hour for the fourth seeded Indo-Bahamian pair to beat the fifth seeded Swede-Zimbabwean pair by 6-2 6-4 to make it into the finals.

Now Bhupahti and Knowles will compted with seventh seeds Marcin Matkoswki and Mariusz Fyrstenberg of Poland.


How gay sex can lead to birth of an offspring

GaysLondon, Oct 21 : Gay sex can produce offsprings, at least in the case of beetles, says a new study, which found that the ‘kinky’ activity gives males a chance to indirectly fertilise females they may never encounter directly.

Biologists have speculated that homosexual copulation in beetles might help males practise for straight sex, or they might offer males a way to assert dominance over one another.

In order to test these explanations, Sara Lewis, an evolutionary ecologist at Tufts University in Boston and colleagues investigated flour beetles (Tribolium castaneum)


Police seize arms and ammunition from Maoists in Bihar

BiharGaya, Oct 21: Police have recovered a huge cache of arms hidden by Maoists in Bihar's Gaya District.

Acting on a tip-off, the police seized the explosives from a water tank in the Bhalua forest area of the district.

"We recovered a 250-litres tank. On opening it was found it had 200 detonators, 126 tiffin bombs, timers and few wires. It was dumped so that they could easily take out and use it," said R. Mallar Vijji, Superintendent of Police.


Chandrayaan-1 All Set To Be Launched

Chandrayaan-1 All Set To Be Launched India is all set to create history by launching its first unmanned moon mission on Monday, Chandrayaan-1, which had been making news from quite sometime now.

From past few days, the rehearsals for the launch of this mission had been ongoing at Sriharikota and finally the 49-hour countdown has initiated that will end in the launch on Wednesday.


Next-Gen Interactivity On DTH Service Unveiled By Airtel

Next-Gen Interactivity On DTH Service Unveiled By Airtel  With the aim to provide extraordinary experience to the customers of Airtel digital TV, its Direct To Home (DTH) TV service, Bharti Airtel gladly announced today that it has entered into an innovation and technology partnership with Infosys Technologies Limited (Infosys). Bharti Airtel is considered to be the India’s greatest integrated telecom services provider.


Independence advocates assault Chinese official in Taiwan

Taipei - A senior Chinese official was assaulted Tuesday by a group of pro-independence activists during a visit in the southern Taiwan city of Tainan, threatening to undermine high-level China-Taiwan talks planned for this month in Taipei.

Zhang Mingqing, vice chairman of the Association of Relations Across the Taiwan Straits (ARATS), was mobbed by a group of activists led by city councilor Wang Ting-yu of the pro-independence Democratic Progressive Party during a sightseeing trip in Tainan.

ARATS is a state-funded mainland agency charged with dealing with the island in the absence of formal diplomatic ties.


Ripening bananas appear bright blue under black light

Washington, October 21: A team of Austrian and American researches has discovered that ripening bananas appear bright blue under black light.

Scientists at the University of Innsbruck and Columbia University say that the blue glow is connected to the degradation of chlorophyll that occurs during ripening.

Lead researcher Bernhard Krautler says that, in this process, colourless but fluorescing breakdown products of chlorophyll are concentrated in the banana peel.

The usual appearance of bananas is mainly the result of the natural pigments carotenoids, which appear yellow under normal light.

However, when exposed to UV light, known to partygoers as black light, ripening bananas appear blue instead.


Epson Creates Its Latest Epson EB-1725 & EB-1735W Projectors

Epson Creates Its Latest Epson EB-1725 & EB-1735W Projectors Recently, two ultra portable multimedia projectors dubbed as the Epson EB-1725 and EB-1735W were announced to be launched soon by Epson, which has been specially created for people who travel quite often or need mobile presentations.

The weight of these projectors, which provide about 2000:1 contrast, is 1.8 kgs.

The new projectors, which give the options of standard or widescreen presentations, have been equipped with 3,000 ANSI lumens of brightness.


Dalai Lama returns to Dharamsala

Dalai Lama returns to DharamsalaDharamsala, Oct 21 : Tibetan spiritual leader, the Dalai Lama, arrived here on Monday days after undergoing successful surgery to remove gallstones at a Delhi hospital.

Hundreds of Tibetans greeted their leader as he passed roads leading out of the airport. Floats were put up and Tibetans showered flowers on him.

Young and old, all waited eagerly to catch a glimpse of the Dalai Lama.

"We the Tibetans in Himachal Pradesh, all came to welcome our leader here. He has been in Delhi for few days," said Nodup Wangdu, a Tibetan exile.


Spacecraft Launched By NASA To Study Solar Wind

Spacecraft Launched By NASA To Study Solar Wind With the aim to study the weakening solar wind that protects planets in the solar system from dangerous cosmic rays, the Interstellar Boundary Explorer (Ibex) was launched by Ibex.

The Ibex spacecraft will carry out very extremely high-altitude orbits above Earth over the next two years, in order to examine and capture first images of processes taking place at the interstellar boundary - the farthest reaches of the solar system.


Dark Green ‘carborexics’ – the latest generation of extreme green addicts

London, Oct 21 : Being environmentally aware is one thing, and being obsessed with it, is another, say US psychiatrists, who warn that extreme environmental awareness may be creating a generation of “carborexics”.

In a new survey, it was found that seven per cent of Americans come into the category of “dark green”— hard core recyclers and carbon footprint worriers.

However, scientists claim that there is a thin line between these behavioural traits qualifying for eco-leadership or bordering on the obsessive-compulsive.

A report in the New York Times detailed all manner of lifestyles that might be considered carborexic.


Obama accuses McCain of bringing ugliness to presidential campaign

Barack ObamaFlorida (United States), Oct. 21: Democratic presidential candidate Barack Obama on Monday accused his republican rival John McCain of launching an "ugly" bid to stave off defeat, while campaigning along with Hillary Clinton in the crucial swing state of Florida.

With just 15 days to go before the election, Obama implored supporters to flood early voting stations in the state and vote for him rather than McCain.

In 2000 and 2004, the state had voted Republican.


Up to 5 bn dlrs will be added to Pak reserves in 45 days

Islamabad, Oct 21: Financial Adviser to Pakistan Prime Minister, Shaukat Tareen has said that the government has devised an action plan that would help bring in 3 to 5 billion dollars in foreign reserves within 30-45 days.

The government has abolished subsidies in an attempt to overcome fiscal deficit, the Daily Times quoted him as saying.

He added that if the government sought assistance from IMF, it would be cheaper to steer the country out of economic crisis, he said. (ANI)


Outer Space Reported To Have Bizarre Smells

Outer Space Reported To Have Bizarre Smells Recently NASA experts told that outer space smells like fried Steak and like a hot metal and welding of a motorbike.

All these strange smells were reported after the astronauts came back from space walk.

Now, Steven Pearce of British fragrance firm Omega Ingredients, commissioned by NASA will reproduce these smells in the laboratory with the aim to help the astronauts to prepare for their missions. Hopefully, these smells would be created by the end of this year.


India, Pak to open Kashmir trade today after 60 years

India, Pak to open Kashmir trade today after 60 yearsMirpur, Oct 21 : India and Pakistan are due to open cross border trade from today. Truck loads of commodities from both the countries will cross the Line of Control (LoC) dividing Kashmir. It is being described as yet another confidence building measure between the two neighbours.

The decision to allow limited trade, taken only last month, symbolises attempts to solve the Kashmir dispute by creating ‘soft borders’ allowing free movement of goods and people.


Japan markets end higher on Wall Street's overnight surge

Japan markets end higher on Wall Street's overnight surgeTokyo - Japan markets ended higher Tuesday after Wall Street surged overnight.

The Nikkei 225 Stock Average gained 300.66 points, or 3.34 per cent, to close at 9,306.25.

The broader Topix index of all first-section issues was also up 29.27 points, or 3.16 per cent, to 956.64.

The Tokyo market sentiment picked up after US Federal Reserve Chairman Ben Bernanke's remarks on Monday that a fresh economic stimulus package "seems appropriate" helped boost Wall Street shares. The Dow Jones Industrial Average jumped 4.67 per cent.


Japan's lower house approves extending military refueling mission

Tokyo - Japan's House of Representatives on Tuesday approved a bill to extend the military's refueling mission in the Indian Ocean for another year after January 15.

The bill proposed by the government enables the Japanese Maritime Self-Defence Forces to continue refueling international warships involved in the US-led war in Afghanistan.

The opposition parties say the special law violates Japan's pacifist constitution.

The opposition-controlled House of Councillors was expected to vote down the bill on October 29. But it will likely receive final parliamentary approval after the more powerful lower house approves it in a subsequent vote the following day.


Indian Prime Minister Singh leaves on Japan, China visit

Indian Prime Minister Singh leaves on Japan, China visit New Delhi - Indian Prime Minister Manmohan Singh on Tuesday embarked on a trip to Japan and China, where he was scheduled to attend the seventh Asia-Europe summit.

During his official engagements in Japan, which begin Wednesday, Singh is to hold talks with the country's new prime minister, Taro Aso, to assess the global economic crisis and ways to deal with it.

The two leaders were also to discuss cooperation on political and security issues and hold talks to finalize a broad-based economic partnership.


Govt Is Likely To Ease Norms For FDI Inflow

The Indian government can ease norms of foreign direct investment in the country. It is seriously discussing the matter to liberalize the rules for FDI. The Indian financial system is facing liquidity crunch following global financial crisis. It would soon take more steps to safe Indian interests from global slowdown.

The Department of Industrial Policy and Promotion (DIPP) and the finance ministry are working on the idea to ease cap on FDI in single-brand retail. Thus, 100% foreign investments are possible in coming days. It is noted that Indian norms permits only 50 per cent FDI in single-brand retail. The proposed steps may lead to increase foreign funds inflow in India and ease liquidity crisis.


Adults and children tend to react to different allergens: Study

Adults and children tend to react to different allergens: StudyWashington, October 21: A new study has revealed that children and adults who are referred for patch testing of allergens are equally likely to have allergic contact dermatitis, but they have the tendency to react to different allergens.

The study report in the Archives of Dermatology, one of the JAMA/Archives journals, highlights that skin reactions to allergens are common among children.


Mamata Threatens Legal Action Against Ratan Tata

Mamata Threatens Legal Action Against Ratan TataTrinamool Congress chief, Mamata Banerjee has demanded apology from TATA chief Ratan Tata. She criticized him for his derogatory remarks in his letter.

TATA has written an open letter to the people of the state describing circumstances that led to relocation of his dream car project from the state. The letter was published in all leading newspapers of Kolkata. He specifically mentioned the negative role of Trinamool in Singur pull out.


Salary Cuts Ahead At Airlines

Salary Cuts Ahead At AirlinesMany leading airlines are considering salary cuts of their employees to reduce operating cost. Earlier, they want to start a retrenchment drive to deal with the crisis in the aviation sector. But they seem to drop idea after stiff opposition from the political class of the country. Jet Airways has already taken back its sacked staff.


Nationwide strike shuts down airport, banks, schools in Greece

Nationwide strike shuts down airport, banks, schools in Greece Athens - All flights to and from Greece will be suspended for several hours on Tuesday during the latest nationwide strike which will also shut down banks, schools, public transport and enforce a news blackout to protest drastic economic policies.

Air traffic controllers were due to stop work for four hours, as of noon, as part of the strike called by Greece's two largest unions, private sector federation GSEE and public sector ADEDY, representing more than half of the country's 5 million workforce.


Uttar Pradesh Hikes Cane Price

Uttar Pradesh Hikes Cane Price The Uttar Pradesh Government has revised sugar cane prices for the current season on Saturday. The farmers would now get Rs 15 more than the prices of last year. The State Advised Price (SAP) for common variety sugarcane would be Rs 140 a quintal after recent revision of prices. It was Rs 125 per quintal last year. SAP for rejected variety would be Rs 137.50 a quintal which earlier stood at Rs 122.50.


15 Taliban killed as Pak troops target their hideouts in Bajaur

BajaurKhar (NWFP), Oct 21 : As many as 15 Taliban were killed when security forces used heavy artillery, fighter jets and helicopter gunships to target suspected hideouts in Bajaur Agency, last evening.

After the attacks in the Chinar, Charmang, Kohi, Babra, Zorbandar, Hashim and Loyesam areas of the tribal region, helicopters dropped pamphlets asking tribesmen to support the government against Taliban. Government troops now control Salarzai and Utman Khel tehsils and parts of Khar, reported the Daily Times.


Rockets Lose Steam As Badshahs Win By 31 Runs

Rockets Lose Steam As Badshahs Win By 31 RunsLahore Badshahs won the first tie match in the Indian Cricket League (ICL) Twenty20 Championship by 31 runs. The team has already lost two consecutive matches to the Ahmedabad Rockets at the Sardar Vallabbhai Patel stadium.

Ahmedabad Rockets faced Badshahs in the absence of Inzamam Ul Haq and Azhar Mahmood. The team set a target of 136 for nine wickets in allotted 20 over.


Respiratory rhythms may help predict insomnia

Washington, Oct 21 : Scientists from University of Rochester Medical Centre have revealed that respiratory rhythms can help predict chronic insomnia and sleep disruptions.

In the study conducted over women with metastatic breast cancer, the researchers found that breathing, heart rates and cortisol levels can help predict insomnia.

Lead author Oxana Palesh, Ph. D., research assistant professor at Rochester''s James P. Wilmot Cancer Centre said that identifying the body''s parasympathetic nervous system, a branch of the autonomic nervous system that controls breathing and heart rates and the body''s response to stress, act as a contributor to poor sleep, which is a persistent problem for women with breast cancer.


Panel Recommends IIM Admission Reforms

IIM is not justifying with the economically weak but meritorious students. It is revealed by a penal constituted by the ministry of Human Development and Resources in its recent report. The penal raised fingers on the admission guide lines followed in various IIMs.

It has demanded some concessions for the meritorious students. IIMs should revise their policies regarding scholarships and fees structure for economically backward students.

The former chairman of Maruti Udyog Ltd, Mr. R C Bhargava said that norms should be revised for scholarships, fellowships, free ships and other forms of financial assistance given to students for admissions in top management institutes of the country.


Group bragging tied to insecurity, low social status

Washington, Oct 21: People who engage in pompous displays of collective pride in a football game or political rally might be trying to hide their insecurity and a low social status, says a new study.

Psychologists from University of California, Davis have revealed that group pride might actually be a sign of group insecurity than strength.

The research team led by Cynthia Pickett, associate professor of psychology at UC Davis found that groups that boast, gloat and denigrate outsiders tend to be of low social status or vulnerable to threats from other groups.

In contrast, those that express pride by humbly focusing on members'' efforts and hard work tend to have high social standing.


Pratibha Patil arrives in Tezpur

President Pratibha PatilGuwahati, Oct 21 : President Pratibha Patil arrived in Tezpur in Assam''s Sonitpur District on Tuesday where she will lay the foundation stone of the Tezpur Medical College.

The college will be built by the Assam Government at a cost of around 160 crore rupees at Tumuki village, 20 kilometers away from Tezpur.

This will be the fifth medical college in Assam. The State Government has allocated 35 acres of land in Tumuki to set up the medical college.


Internet Sex Sting Leads to 13 Arrests Including a Teacher

Richard Kemper, a Hillsborough County middle school teacher was among 13 people who were arrested in an internet prostitution sting in Polk County.

The Polk County Sheriff's Office said the popular classified Web site Craigslist targeted men who used the site to look for sex. They were then lured to an undercover house in Winter Haven.

Kemper, 50, was arrested after he offered an undercover agent $ 150 for sex. A software developer, paint-store manager, citrus buyer and truck driver were others arrested.

 Polk County Sheriff Grady Judd said, "Our message is pretty straightforward, if you want to engage in prostitution, stay out of our community."


Women ''prefer spending more time with computers than men''

Women ''prefer spending more time with computers than men''London, Oct 21: Women office workers prefer spending more time with their computers than their husbands or boyfriends, reveals a new American research.

The study found that the ladies spend almost three times as much time with their computer than with their partners.

According to a poll of almost 3,000 Americans, women spend an average of 9.3 hours a day with their PC, compared with 3.6 hours with their other halves, reports the Telegraph.


Chinese oil firm accused of abuses, contamination in Myanmar

Bangkok - A Chinese-led consortium with a concession for oil exploration on Myanmar's Ramree Island has left hundreds of local islanders landless and unemployed and their environment befouled, a human rights group said Tuesday.

Blocking Freedom, a report compiled by the environmental and human rights group Arakan Oil Watch, said a consortium led by the China National Offshore Oil Company Ltd (CNOOC Ltd) left behind such a trail of abuses and environmental contamination on Ramree Island that outraged locals attacked their facilities last year.

The report was the first to be released on Chinese onshore oil exploration activities in Ramree Island, Myanmar's largest island, in Arakan State, now called Rakhine. 


Myanmar bomb victim was former Buddhist monk, claims state media

Yangon - Myanmar's state media on Tuesday blamed a bomb blast that killed a 26-year-old man over the weekend on the victim himself, described as a former Buddhist monk who had participated in the September 2007, "saffron revolution."

Thet Oo Win died in a bomb explosion at his home in Shwepyitha township in Yangon at 5:30 pm on Sunday.

A police investigation into the incident found various bomb-making paraphernalia including a 9-volt dry cell battery fastened with a wire, a damaged pieces of lithium battery, six electric detonators and ammonium nitrates at the victim's home, claimed The New Light of Myanmar, a military mouthpiece.


Obama to suspend campaign to visit ailing grandmom

Obama to suspend campaign to visit ailing grandmomNew York, Oct. 21 : Democratic presidential nominee and White House frontrunner Barack Obama has announced that he will suspend his campaigning for 36 hours to visit his ailing grandmother Madelyn Dunham in Hawaii.

According to the New York Times, Dunham, 85, is gravely ill. Campaign spokesman Robert Gibbs declined to specify the nature of her illness, other than to say it was quite serious. Dunham lives in Honolulu.


US Army report says ‘Jihad’ and ‘Islamist’ are necessary terms

Washington, Oct 21: A US military team, dubbed as “Red Team” for challenging conventional thinking over terrorism, has said that words like ‘jihad’ and ‘Islamist’ were needed in discussing terrorism in the 21st Century, and that the federal agencies that avoid these words were “soft-pedaling” the link between religious extremism and violent acts, reported the Washington Times.

According to the daily, the report titled “Freedom of Speech in Jihad Analysis: Debunking the Myth of Offensive Words” was written by unnamed civilian analysts and contractors for the US Central Command.


Aluminium group Norsk Hydro hit by global financial crisis

Oslo - The global financial crisis has affected the Norwegian aluminium and power generation group Norsk Hydro's third quarter sales and earnings, the group said Tuesday.

Third-quarter turnover was 23.98 billion kroner (3.65 billion dollars), down 9 per cent from the third quarter of 2007.

Underlying earnings before financial items and tax (EBIT) were down 8 per cent in the quarter to 1.49 billion kroner, the group said.

"The global financial crisis and uncertainty in world commodity markets have affected our results for the third quarter and will continue to do so in the coming quarters," Hydro Chief Executive Eivind Reiten said in a statement.


53 percent Americans says Obama has greater appeal than McCain

53 percent Americans says Obama has greater appeal than McCainNew York, Oct. 21: Fifty three percent of American voters claim that Illinois Senator and Democratic presidential candidate Barack Obama has far greater appeal than his Republican rival John McCain.

However, according to a New York Times report, 33 percent say they have an unfavorable view of Obama.

As far as McCain is concerned, only 36 percent of the voters view him favorably, while 45 percent view him unfavorably.


Combo of targeted drugs may prove more effective in leukemia fight

Washington, Oct 21: A recent discovery by scientists suggests that the most effective treatment for leukemia may rely on a combination of targeted drugs, rather than a single miracle drug.

An anti-leukemia drug called imatinib is currently the most popular therapy for chronic myeloid leukemia (CML).

CML is associated with the abnormal fusion of a portion of chromosome 21 with a cell growth-promoting enzyme called ABL, which makes the enzyme perpetually active.

Imatinib slows down the spread of cancer by blocking the enzyme''s activity.

However, the drug doesn''t work in everyone and resistance often develops, most likely because the drug only targets mature cells, leaving self-renewing cancer stem cells behind.


Supreme Court Allows 2 part CET For Medical From 2009-10

Supreme Court Allows 2 part CET For Medical From 2009-10The Supreme Court has given nod to the CBSE’s proposal to have multiple choice objective type tests in both the preliminary and final exams for filling up the 15% of the seats of various medical colleges in India that are open to applicants across the country irrespective of their domicile.

A bench of Chief Justice K.G. Balakrishnan and Justice P. Sathasivam permitted the CBSE to implement the new pattern after it confronted problems in the present system of tests.


Obama says Powell will be one of his key advisers in White House

Washington, Oct 21: A couple of days after former US secretary of state Colin Powell crossed party lines to commit his support for Democratic presidential candidate Barack Obama, the latter has said that if he won the election, he would invite the former to be one of his key advisers at the White House.

“Powell will have a role as one of my advisers,” the Daily Times quoted Obama as saying in a TV interview last evening.

Obama said that Powell was welcome to campaign for him and might have a place in his administration, if he won the poll.

On Sunday, Powell had endorsed the Democratic presidential candidate on NBC’s “Meet the Press” programme


Brit man to move court after ''toxic sofa'' leaves him with heart failure

London, October 21 : An English man is dragging a furniture company to court, claiming that a “toxic sofa” they had sold to him left him with a permanent heart condition.

Barry Green, 63, a resident of Plymouth in Devon, claims that he had to spend a week in hospital with blisters, breathing problems, pneumonia, and eventually heart failure.

The father-of-four bought the brown leather couch worth 545 pounds from Land of Leather a year ago, but soon began to suffer health problems.

He is now seeking damages from the firm and its manufacturers, Chinese firm Eurosofa, via a High Court legal action.


Seoul shares fall on economy concerns

Seoul shares fall on economy concernsSeoul - Shares plunged Tuesday on the Seoul stock exchange on concerns over the economy despite a government stabilization package worth 130 billion dollars to prop up the troubled financial market. South Korea's currency dropped against the US dollar.

The benchmark Kospi index fell 11.53 points, or 1 per cent, to close at 1,196.1.

Declining issues outnumbered advancers 496 to 325.

The main index of the technology-heavy Kosdaq market declined 2.12 points to 350.97.


Pig cell jabs may help fight diabetes

Perth, Oct 21: A New Zealand biotech firm has been given the go-ahead to inject pig cells into humans as part of a trial to tackle diabetes.

New Zealand Health Minister David Cunliffe has given green light to the ASX-listed Living Cell Technologies to conduct the two-year controversial trial.

"It is extremely exciting for lots of people, especially the diabetics, because it gives them new hope," Perth Now quoted company founder David Collinson, as saying.

He said the 2 million dollars would kick off at Auckland''s Middlemore Hospital with eight patients in Feb 2009.

Collinson hopes that by 2010, drugs used in the trial would be made available in some parts of the world.


Long talks on mobile phones can fry up men''s fertility

Long talks on mobile phones can fry up men''s fertilityMelbourne, Oct 21: Men should stay miles away from mobile phones if they don''t want to screw up their plans of fathering a child, for a new research has shown that males who talk for hours on cellphones may damage their sperm.

An experiment on semen revealed evidence of DNA damage after 16 hours of exposure to radiation similar to the output of a mobile phone.

To reach the conclusion, researchers at the University of Newcastle built a device to irradiate sperm at the same radio frequency as mobile telephone calls.


Orange peel can clean up dirty water

Washington, Oct 21: Algerian scientists have found a simple solution to the growing problem of water pollution— Orange peel.

For a long time, highly coloured industrial wastewater has been a serious environmental problem as it not only discolours waterways, but also blocks sunlight for photosynthesizing plant species in the water.

But, now scientists have said that nothing more sophisticated than orange peel could be used to remove acidic dyes from industrial effluent.


Scientists discover ‘yeti footprints’ in Nepal

Scientists discover ‘yeti footprints’ in NepalWashington, Oct 21: A team of Japanese scientists has discovered footprints they believe were made by the legendary yeti said to roam the Himalayan regions of Nepal and Tibet.

“The footprints were about 20 centimetres (eight inches) long and looked like a human’s,” said Yoshiteru Takahashi, the leader of the Yeti Project Japan.

Takahashi was speaking after he returned with his seven-member team from their third attempt to track down the half-man-half-ape, tales of which have gripped the imaginations of Western adventurers and mountaineers for decades.


Canada Puts BPA on Hazardous List

Canada is set to be the first country to categorize BPA as risky, with the federal government adding it on the country’s list of toxic substances. This move will possibly lead to a ban on the sale of baby bottles which contain BPA and see reduced usage of BPA in canned infant formula.

The toxic classification, issued in the Canada Gazette, the official newspaper of the Government of Canada, makes Canada the first country to classify the organic compound used in many food and drink packaging applications, making plastic hard, as risky.


Ljubljana awaits Britain's Queen Elizabeth II

Ljubljana - Security was discreetly stepped up in Ljubljana Tuesday morning, hours ahead of the first visit to Slovenia by the Queen of England to the independent Slovenia in the afternoon.

The Ljubljana airport would shut down to other traffic shortly before and after the 2 pm (1200 GMT) arrival of the Queen and the Duke of Edinburgh.

Streets near the hotel where Queen Elisabeth II and her husband would spend the night would also be closed to traffic, but otherwise life in the Slovenian capital went on as usual.

The visit was arranged on invitation by Slovenian President Danilo Turk.


Obama to visit ailing grandmother; campaign events cancelled

Obama to visit ailing grandmother; campaign events cancelledThe Obama campaign said on Monday that the Democratic presidential candidate will take off two days from his campaign to go to Hawaii this week, to visit the ailing grandmother who helped raise him.

Obama is canceling events, scheduled for Thursday, in Madison, Wisconsin, and Des Moines, Iowa. Instead, he instead will go to an event in Indianapolis, Indiana, on Thursday, from where he will fly to Hawaii to see his grandmother. He will return to the campaign trail on Saturday.


Arvind Adiga’s Second Novel Nearing Completion

Arvind Adiga’s Second Novel Nearing CompletionArvind Adiga, who recently won the prestigious Booker prize for his debut novel ‘The White Tiger’, is on a roll as he declared that his second novel is nearing completion.

But Adiga, who is 33 years old, didn’t disclose any further details about his upcoming book.

He said, “I like books that have ideas in them and that move and that entertain.”

‘The White Tiger’ is a supreme page turner, highly original in presenting ‘the dark side of India’.


Bush leaves Guantanamo Bay prison headache for McCain, Obama

Bush leaves Guantanamo Bay prison headache for McCain, ObamaWashington, Oct. 21: U. S. President George W Bush has decided not close down the prison facility at the Guantanamo Bay naval base near Cuba, citing that there are too many legal and political risks for taking such a step.

According to the New York Times, Bush has also never considered proposals drafted by the State Department and the Pentagon that outlined options for transferring the detainees elsewhere.


Prez campaign donor explosion mostly from securities,investments industry: NYT

New York, Oct. 21: A New York Times analysis of donors who have handed over cheques of 25,000 dollars or more to the fund-raising committees of the Obama and McCain campaigns, has found that most of it came from the securities and investments industry.

According to the paper, the contributions have come from various firms embroiled in the recent financial crisis like Bear Stearns, Lehman Brothers and AIG, and it adds that the joint fund-raising committees have been utilized far more heavily in this presidential election than in the past.


Hillary Clinton-Barack Obama join forces in Florida

Hillary Clinton-Barack Obama join forces in Florida The ‘Vote Early for Change’ rally in Fort Lauderdale on Monday saw Barack Obama and Hillary Rodham Clinton join forces, insisting on Floridians to use their swing state influence to bring back a Democrat in the White House.

With fists pumping and arms clasped around each other’s back, the two Senators looked like old friends. As thousands in the crowd cheered their appearance together, Obama vowed to tap Clinton’s passion for health-care reform in case he becomes the President.


McCain says Obama is a “job-killing” socialist

McCain says Obama is a “job-killing” socialistBelton (US), Oct 21 : US Republican presidential candidate John McCain has reportedly launched a fresh attack on his Democratic rival Barack Obama, warning the voters that the latter was “shifty, job-killing socialist” who wasn’t ready to take on the challenges facing the next US President.

Announcing his policies, he said if he won the election, he won’t raise taxes on anyone, particularly the small business owners.


OECD meeting on tax havens begins in Paris

Paris - Ministers and representatives from 18 members of the Organization for Economic Cooperation and Development (OECD) began meeting in Paris on Tuesday to tackle international tax havens.

Convened by France and Germany, the participants will attempt to force tax havens to open their accounts to investigators looking for depositors who avoid paying taxes on their incomes.

The issue has been made more pressing because of the global finance crisis.

Pascal Saint-Amans, the OECD official in charge of the fight against tax havens, told the daily Le Figaro, "How can we pretend to rebuild a healthy financial system if we do not put an end to these dark pockets?"


Indonesian police seize bomb-making materials, detain one

Indonesian police seize bomb-making materials, detain one Jakarta - Indonesian police detained one man believed to be linked to terrorist activities Tuesday and seized bomb-making materials at a house in suburban Jakarta, the country's police chief said.

General Bambang Hendarso Danuri said counterterrorism police conducted the raid at a rented house in the northern suburb of Plumpang, the state-run Antara news agency reported.

The officers seized dozens of bullets, 3 kilograms of explosive material believed to be TNT, bomb-making manuals, pipes and cables.


Google CEO Eric Schmidt endorses Obama

The Chief Executive of Google Inc., Eric Schmidt will actively hit the campaign trail this week on behalf of Democratic presidential candidate Barack Obama, after having kept a low partisan profile till now, in the 2008 election.

Making the announcement in Monday’s Wall Street Journal, Schmidt said his planned endorsement of the Illinois senator is a ‘natural evolution’ from his role as an informal adviser to the Obama campaign. He noted that he has been advising the campaign on technology and clean-energy issues for most of the summer.


White House says Bush respects Powell despite his endorsement for Obama

White House says Bush respects Powell despite his endorsement for ObamaAlexandria (US), Oct 21: After former US secretary of state endorsed Democratic presidential nominee Barack Obama in the Nov 4 elections, the White House said last evening that US President George W. Bush has “greatly respects” for Colin Powell.

White House spokesperson Dana Perino said that every American had the right to decide whom to support in an election.


Sensex Gains 260 Pts On Heavy Buying

Sensex Gains 260 Pts On Heavy BuyingIt has been a splendid session for stocks thus far. Indian equities have moved up sharply due to continued buying action witnessed across board.

Both Sensex and Nifty have recorded thumping gains. Realty, consumer durables, IT, power and oil & gas gained a lot.

BSE Midcap and Smallcap gained 1.67% and 1.70% respectively.

Today, the 30-share index, BSE Sensex opened positively at 10,428.11, up 205.02 points, as against its previous closure in which it gained 247.74 points.


Market turmoil results in Hanover Re profit warning

Market turmoil results in Hanover Re profit warning Frankfurt - Hanover RE Group issued a profit warning Tuesday as the round of market turmoil and hurricanes undercut the world's fourth biggest reinsurer's earnings.

German-based Hanover said in a statement a sharp fall in equity prices and an above-average burden of catastrophe losses led to a decline in profit to 30 September.

With the capital market crisis intensifying as the year has unfolded, Hanover said its profit forecast for the full 2008 financial year was "no longer attainable".


'Pak will no longer get hard cash to tackle terror'

Islamabad, Oct 21: US Assistant Secretary of State for South and Central Asian Affairs, Richard Boucher has said that the “Friends of Pakistan” will not offer hard cash to the strife-torn country to fight terror, because in the past it had been witnessed that the agreements (between Pakistan government and the militants) were not enforced properly and timely and “this helped the terrorists”.

“This will not be a cash advance. It is a strategic group to combine efforts being made by Pakistan and its friends. The goal is not to put money on the table, but to look as to how to supplement Pakistan’s efforts,” said Boucher after attending the “Friends of Pakistan” meet in Islamabad.


At least six dead in Johannesburg plane crash

Johannesburg - At least six people were believed to have died in a plane crash near Johannesburg Tuesday.

The Piper Saratoga propeller plane got into difficulties shortly after take-off from Rand Airport, east of Johannesburg, prompting the pilot to request an emergency landing.

Before reaching the runway, the aircraft, which had set out for the central Free State province, crashed to the ground and burst into flames, radio reports said.

The cause of the accident was unclear.

Take-offs from airports around Johannesburg, which is situated at 1,600 metres above sea level, are always challenging in the southern hemisphere's summer because the air is thinner. (dpa)


French shares rise on Wall Street showing, capital injections

French shares rise on Wall Street showing, capital injectionsParis - Buoyed by a strong Wall Street showing and the French government's announcment on a capital injection for its banks, shares in Paris were up sharply in early trading on Tuesday.

One hour after opening, the benchmark CAC 40 gained 2.56 per cent, to 3,536.76, with gainers outnumbering decliners by nearly 6 to 1.

Banking stocks led the surge after the French government announced late Monday that it would inject 10.5 billion euros (14 billion dollars) into the country's six-largest financial institutions by the end of the year.


Deposed Pak chief justice Iftikhar Chaudhry to reveal “secrets” on Nov 3

Deposed Pak chief justice Iftikhar Chaudhry to reveal “secrets” on Nov 3Islamabad, Oct 21: Deposed Pakistani chief justice Iftikhar Muhammad Chaudhry has said he had many “secrets in his heart” and would share some of them with the public on November 
3 during his address to the Rawalpindi Bar Association.


Aamir Khan Likely To Portray 'Kishore Kumar' In A Biography

Aamir Khan Likely To Portray 'Kishore Kumar' In A BiographyWe are all aware of the unbelievable accomplishments of the legendary Kishore Kumar who became a household name in the 70's and 80's and even today.

Percept Picture, who is making a biographical film on Kishore Kumar, has offered the lead role to Aamir Khan.


Comedian Rudy Moore Dies At Eighty-One

Rudy Ray Moore, a raunchy 1970s comedian died Sunday evening at an Akron nursing home from complications of diabetes. He was eighty-one.

Moore, who featured as a fast talking pimp in a 1975 film called Dolemite, in later years also collaborated with 2 Live Crew, Big Daddy Kane and Snoop Dogg.  Featuring blunt sex routines onstage, his subject matter along with his style and swagger made him a cult figure in the world of hip-hop.  Yet, unlike his contemporaries - Eddie Murphy, Redd Foxx and Richard Pryor, he never quite managed to cross over to mainstream white audiences.


Indo-Nepal trade treaty to be amended within three months

Indo-Nepal trade treaty to be amended within three monthsKathmandu, Oct 21: Nepal and India have agreed to amend the bilateral trade treaty within three months.

The agreement was reached during the two-day Inter Governmental Committee (IGC) meeting between commerce secretaries of the two countries in New Delhi on Monday.

“There has been understanding on issues in which the two countries want change in the trade treaty,” said Purushottam Ojha, Secretary at the Ministry of Commerce and Supplies and head of Nepali delegation.


Lady Christian relief worker shot dead in Kabul

Lady Christian relief worker shot dead in KabulKabul, Oct 21 : The Taliban have reportedly shot dead a Christian lady social aid worker in Kabul, identified as 34-year-old Gayle Williams, accusing her of spreading her religion.

According to a report in The News, the aid worker, a South African-British national, helped handicapped Afghans, while working for the woman’s aid group ‘Serve’ (Serving Emergency Relief and Vocational Enterprises).


Brooke Burke In Hospital

Brooke Burke In HospitalBrooke Burke who injured her foot on this season’s Dancing With The Stars was taken to Cedars-Sinai Medical Centre for X-rays and examination.


''Maoists causing delay in writing Constitution''

Kathmandu, Oct 21 : Nepali Congress acting president Sushil Koirala today accused the Maoists of delaying the Constitution-making process by inviting debates on People''s Republic.

Speaking at a function here, Koirala accused the Maoists of trying to establish a totalitarian and one-party-rule communist system in Nepal.

Koirala reiterated that his party is not in mission to bring down the current coalition government, adding the increasing tension within the coalition partners will cause the fall of the government.

Koirala also claimed that the Maoist leaders have failed to assure the international community that they are committed to democracy, multi-party system, human rights and freedom of the press, Nepalnews reported. (ANI)


Special cabinet committee to be formed soon in Nepal

Special cabinet committee to be formed soon in NepalKathmandu, Oct 21 : Nepal Prime Minister Prachanda and UML General Secretary Jhalanath Khanal today agreed to form a special cabinet committee at the soonest to carry out the army integration process.

According to Minister for Peace and Reconstruction Janardan Sharma Prabhakar, the two leaders agreed that the committee would start the process of integrating the army at the earliest.

During the meeting, they had agreed to bring in opposition party and experts also in the committee.


It’s A Stalemate For Spears’ Jury

It’s A Stalemate For Spears’ JuryThe Jury may have deliberated, but it seems it wasn’t enough as the Judge in Britney Spears’ driving-without-a-license trial has ordered the ‘hopelessly deadlocked’ jurors to keep deliberating.  The 10 – 2 stale mate saw the panel go home Monday night without having reached any verdict.

Spears, 26 involved in a hit and run last year that was caught on camera, reached a private settlement with the other car’s owner.  However, while the Los Angeles City Attorney’s Office did not slap Spears with hit and run charges, they did charge her for driving-without-a-license charge.


TMDP boycotts Nepal CA session for third time

Kathmandu, Oct 21: The lawmakers of the Terai-Madhes Democratic Party (TMDP) boycotted the meeting of the Constituent Assembly (CA) for the third time here today.

The TMDP has been boycotting the Constituent Assembly session, since it started after a gap of 20 days on Sunday, protesting against the murder of its two activists in Kapilvastu.

The TMDP lawmakers have demanded that Prime Minister Prachanda furnish clarifications on the issue, Kantipur reported. (ANI)


McCain defends Palin from `feminist left'' attack

McCain defends Palin from `feminist left'' attackMissouri (United States), Oct. 21: Republican presidential candidate John McCain has defended his running mate -- Alaska Governor Sarah Palin against attacks from the "feminist left." at a rally in the northern suburb of St. Louis, where Obama drew 100,000 on Saturday.


Mr. Blackwell, Hollywood Fashion Maven Dies

The bane of Hollywood celebrities, fashion maven – Mr. Blackwell renowned for his annual ‘worst-dressed’ list, died on Monday aged eighty-six. Unwell since August, Richard Blackwell, born Richard Selzer was reportedly in a coma due to a fall in his Los Angeles home.  According to his publicist - Harlan Boll, the former actor and fashion designer died in hospital on Sunday afternoon in hospital from complications from an intestinal infection.


Scientists explain how snails can walk on water

Washington, Oct 21: In a new study, scientists have figured out the baffling method of propulsion of tiny aquatic snails, which makes them walk on water.

According to a report in National Geographic News, Eric Lauga, a professor of mechanical and aerospace engineering at the University of California, San Diego, led the study.

“How the snails were dragging themselves across a surface that they could not even grip was absolutely perplexing to us,” said Lauga.

“Hanging on to the water’s surface is not the issue for the snails. They are naturally buoyant, because they are so small,” he added.

Even so, the snails need traction to move across the slippery surface.


Gun ‘n Roses Album Pirate Pleads Not Guilty

Kevin Cogill, 27 from Los Angeles charged with violating federal copyright law, has pleaded not guilty to placing nine tracks on the website - http://www.antiquiet.com, from rock band - Guns N' Roses upcoming and as yet, unreleased album called ‘Chinese Democracy’.

If, found guilty, Coghill released on bail, faces 3-years in federal prison and 5-years if it is found that he posted the songs on the Internet for commercial gain.

According to FBI, Cogill posted the 9-songs from the album 10-years in the making on his website in June, though they were removed later.


Mumbai police issues gag order against Raj Thackeray

Mumbai police issues gag order against Raj ThackerayMumbai, Oct 21: Mumbai police today issued a gag order under Section 144 against Maharashtra Navnirman Sena (MNS) chief Raj Thackeray banning him from addressing a press or public gathering, or carrying out any procession for the next two months.

Police today resorted to lathicharge to disperse the MNS workers who were protesting outside Bandra Metropolitan Magistrate court where Thackeray will be produced following his arrest.

About 150 protesters were detained by police and taken away from the court in western suburb of the city.


Chinese economy in slow down mode in wake of global meltdown

Beijing, Oct. 21: The global meltdown has affected China''s booming economy too.

A CBS report says that while the Chinese economy is still growing, it is doing so at its slowest pace since 2003.

It quoted the National Statistics Bureau as saying on Monday that the economy has expanded by just nine percent in the third quarter, the slowest rate since 2003. By comparison, the economy grew 10.6 percent in the first quarter and 10.1 percent in the second quarter of 2008.

The government is still drafting specifics of broad plans to help counter the chill on the world''s fastest growing major economy.


Russia rejects McCain’s poll-fund request

Russia rejects McCain’s poll-fund requestNew York, Oct 21: Russia has reportedly rejected Republican presidential candidate John McCain’s request for donations for poll campaign, saying the country does not finance political acts in foreign countries.

McCain has requested Russian Federation’s United Nations mission in New York in writing to fund his poll campaign. But, in a terse response to the solicitation of money, the Russian mission said: “We do not finance political activity in foreign countries.”


Climate change and acid rain could be good for forests

Washington, Oct 21: In a long-term study, scientists have suggested that contrary to popular belief, moderate increases in temperature and increased nitrogen from acid rain actually improves forest productivity, providing there is sufficient moisture. 

The research, which was undertaken for 20 years in the northern hardwood forests of Michigan, was carried out by scientists at Michigan Technological University’s School of Forest Resources and Environmental Science.

The scientists reached a surprising conclusion that moderate increases in temperature and nitrogen from atmospheric pollution actually improve forest productivity.


Mercury pollution causes immune damage to harbor seals

Washington, Oct 21: A new research has indicated that the predominant form of mercury found in the blood of marine mammals and fish-eating communities, could be more damaging to seals than has previously been thought.

Published in BioMed Central’s open access journal Environmental Health, the research shows that Methylmercury (MeHg) harms T-lymphocytes, key cells in a seal’s immune system.

Similar results were also found for human lymphocytes.

Mercury exposure is known to occur as a result of man-made pollution and natural events such as volcanic eruptions.


I’ll Go For A Wardrobe Change, If Required, Says Shweta Kumar

I’ll Go For A Wardrobe Change, If Required, Says Shweta KumarLatest sensation Shweta Kumar is having a wonderful 2008.
Shweta’s debut film ‘Karzzz’ is still rocking the movie theaters and it wouldn’t be wrong to say that Shweta has become a heartthrob amongst the younger generation.

Shweta, who was pretty much covered from head to toe in most part of ‘Karzzz’, said that she doesn’t have any problem about getting into different attire if the character demands.


Iraq Cabinet meets, discusses US-related security pact

Baghdad, Oct. 21 : The Iraqi Cabinet has begun a meeting here to reportedly review a proposed security pact with the United States that would keep American troops in the country for three more years.

The Cabinet must sign off before the draft agreement goes to Iraq''s parliament.

The country''s biggest Shiite alliance and some Sunni lawmakers have expressed opposition to the pact.

Government spokesman Ali al-Dabbagh says the Cabinet meeting began Tuesday with Prime Minister Nouri al-Maliki chairing the session.

The spokesman says it''s doubtful the ministers will take a decision on Tuesday. (ANI)


Saudi Arabia indicts 991 suspected militants

Riyadh, Oct. 21:Saudi Arabian authorities have indicted 991 suspected militants on charges that they participated in terrorist attacks carried out in the kingdom over the last five years.

News agency reports quoted the country''s Interior Minister, Prince Nayef, as saying on Tuesday that over the past few years, the kingdom has been "the target of an organized terrorist campaign linked to networks of strife and sedition overseas."

The Saudi Press Agency further quoted Prince Nayef as saying: "This campaign targeted the way of life, economy and principles of Saudi society and sought to create chaos,'''' he added. ''''It has direct links to a deviant group that adopts the (mind-set) of al-Qaida.''''


Geologists discover “a dinosaur dance floor” in the US

Washington, Oct 21 : Geologists from the University of Utah in the US have identified an amazing concentration of dinosaur footprints that they call “a dinosaur dance floor,” located in a wilderness on the Arizona-Utah border where there was a sandy desert oasis 190 million years ago.

The three-quarter-acre site, which includes rare dinosaur tail-drag marks, provides more evidence that there were wet intervals during the Early Jurassic Period, when the US Southwest was covered with a field of sand dunes larger than the Sahara Desert.

Located within the Vermilion Cliffs National Monument, the “trampled surface” has more than 1,000 and perhaps thousands of dinosaur tracks, averaging a dozen per square yard in places.


OECD says UK rich-poor divide is the widest in developed world

OECDLondon, Oct. 21 : An Organisation for Economic Co-operation and Development (OECD) report has found that the gap between rich and poor people in the United Kingdom is one of the widest in the developed world.

According to The Telegraph, the gap in earnings widened by 20 per cent between 1985 and 2005.

While both the richest and poorest have been getting richer, the bottom has experienced a growth in earnings three times as large as the top, the OECD report said.


World’s most advanced microscope can probe the spaces between atoms

Washington, Oct 21 (ANI): The world’s most advanced microscope has been unveiled at the McMaster University in Canada, an instrument so powerful that it can probe the spaces between atoms.

“The resolution of the Titan 80-300 Cubed microscope is remarkable, the equivalent of the Hubble Telescope looking at the atomic level instead of at stars and galaxies,” said Gianluigi Botton, director of the Canadian Centre for Electron Microscopy, professor of Materials Science and Engineering, and the project’s leader.

“With this microscope, we can now easily identify atoms, measure their chemical state and even probe the electrons that bind them together,” he added.


Scientists map soils on an extinct American volcano

Washington, Oct 21 : A team of scientists have conducted sophisticated mapping of the soil landscape on an extinct American volcano.

The volcano that featured in the research was the Capulin volcano, which formed approximately 62,000 years ago, and is the youngest volcano in the Raton-Clayton Volcanic Field in New Mexico, US.

The cone rises 396 m from the plain, reaching an altitude of 2,495 m above sea level. The base of the volcano is 6.4 km in circumference, and the crater is 126 m deep and 442 m across.

Four different flows of lava can be observed across the monument, indicative of different eruptive events.


Obama outspending McCain four to one

Barack Obama, John McCainNew York, Oct. 21 : Democratic presidential candidate Barack Obama is outspending Republican rival John McCain in TV ads by nearly four to one, according to the independent Campaign Media Analysis Group.

The New York Daily News quoted Sarah Niebler, deputy director of the Wisconsin Advertising Project, as saying that Obama would smash President Bush''s 2004 record of 188 million dollars in TV spending any day now.

Last week alone, Obama broadcast some 50,000 30-second spots on national, local and cable TV channels, according to the Campaign Media Analysis Group.


Bacteria in human gut can influence obesity level

According to a new research, there is a link between obesity and some kind of bacteria in human gut. As bacteria support digestion in human gut but some kind of bacteria can influence the obesity level. Person with obese bacteria might gain more weight.

Researchers found in their study that a molecule named as Gpr41, activated by two types of bacteria helps in slow down the movement of food through the gut. In this process human body absorb more nutrients or calories from food and gain weight.

The study was based on mice and it showed that those bred without Gpr41 were slimmer than others although they fed the same quantity of food. The study also points the way to a possible method of controlling weight, said the researchers.


Guruvayur priests are on a go slow strike

After suspension of four priests of the famous Guruvayur temple, the assistant priests are on a go slow strike.

According to the sources, A devotee had bought ‘appam’ from the counter of the temple on Thursday and he found a cigarette butt in that ‘prasadam’. He reported to the temple management of finding the cigarette butt in ‘prasadam’. Following his complaint, the managing committee of the Guruvayur Devaswom suspended the four priests who were involved in the preparation of ‘appam’


‘Natural cosmic lens’ reveals distant galactic violence

Washington, Oct 21 : Using a natural cosmic lens, astronomers have gained a rare glimpse of the violent assembly of a young galaxy in the early Universe, which suggests that the galaxy has collided with another, feeding a supermassive black hole and triggering a tremendous burst of star formation.

The astronomers used the National Science Foundation’s Very Large Array (VLA) radio telescope to look at a galaxy more than 12 billion light-years from Earth, seen as it was when the Universe was only about 15 percent of its current age.

Between this galaxy and Earth lies another distant galaxy, so perfectly aligned along the line of sight that its gravity bends the light and radio waves from the farther object into a circle, or “Einstein Ring.”


20th century the ‘age of paranoia’

According to a leading psychiatrist, 20th century is look like the ‘age of paranoia’. These days general public feels threatened. Paranoia is more common among them because of media and the threat of terrorism.  

Dr Daniel Freeman, from the Institute of Psychiatry at King's College London, believes, one in four people regularly suffer irrational fears of being threatened or in danger. “These days, we daren't let our children play outside; we're suspicious of strangers; security cameras are everywhere. We seem to have entered an age of paranoia. And the indications are that things may only get worse,” he claims.


Lakme Fashion Week Is On In Mumbai

Lakme Fashion Week Is On In Mumbai The fashion fads could not have asked for more. Fashion fever is in the air, as two mega fashion weeks concludes in Delhi, Mumbai is the next spot to check out for, as the Lakme Fashion Week (LFW) makes a mark this Monday.

The LFW will showcase 75 designers with their collections. The designers who have just got free from their shows in the capital are now gearing up for the same in Mumbai. While some designers are happy about their preoccupation others find it stressful.


Star Gold To Showcase The Journey Of Akshay Kumar So Far…

Star Gold To Showcase The Journey Of Akshay Kumar So Far…After stealing the hearts of many through his flicks and action packed stunts, the Star Akshay Kumar’s ongoing movie fest will conclude in style. The Star Gold is going to telecast ‘Chandni Chowk to Bollywood – a Journey of a SuperStar’ on 26th October at 8pm which will be hosted by Sajid Khan.


Nepali Congress objects to setting up of State restructuring ministry

Kathmandu, NepalKathmandu, Oct 21 : The Nepali Congress (NC) has raised objections to the government decision to allocate a budget for the newly set up Ministry of State Restructuring and demanded that the ministry be scrapped immediately.

"The establishment of the Ministry of State Restructuring seriously contravenes Article 138 of the Interim Constitution and the jurisdiction of the Constituent Assembly," Kantipur quoted NC leader Dr. Minendra Prasad Rijal as saying.


Arshad Likely To Settle Soon With Maria

Arshad Likely To Settle Soon With MariaThe splitting up of the couple was in the air for quite some time though now the better half of Maria is claiming that everything is fine between the two. Actor Arshad Warsi who married the famous VJ Maria says he will settle up the issue nicely as soon as he gets free with the ongoing shooting for Vishal Bhardwaj's at Wai.


Monks protest against barricading sacred Bodhi tree in Bodh Gaya

Bodhgaya, Oct 21 : Monks in Bodh Gaya have staged a demonstration against barricading of the sacred Bodhi tree by the Bodhgaya Temple Management Committee (BTMC).

Monks alleged that a scientist of Forest Research Institute (FRI) had submitted to BTMC a report stating that offering of prayers by the monks just below the sacred tree would stop intake of oxygen to its roots, drying down it in due course of time.

They marched down towards the Bodhgaya management office, raising slogans for removal of the barricades around the sacred tree.


Snakes, salamanders and insects thrive in areas with higher deer populations

Washington, Oct 21 : A new study has determined that reducing the number of deer in forests and parks may unexpectedly reduce the number of snakes, salamanders and insects in that area, thus suggesting that these creatures thrive in areas with higher deer populations.

The study was carried out by researchers at Ohio State University and National Park Service, who found that higher deer activity is modifying forest ecosystems in unexpected ways.

Out of several species of snakes, salamanders, and invertebrates studied, a greater diversity of animals were found in areas with deer populations than were in areas with no deer activity.


Obama to suspend poll campaign for a day to visit ailing grandmother

Barack ObamaWashington, Oct 21 : US Democratic presidential nominee Barack Obama is expected to suspend his campaign trail for one full day this weekend to see his seriously ailing grandmother, who raised him as a child along with his mother and grandfather.

Senior advisor in Obama’s campaign programme, Robert Gibbs said she was released from hospital late last week but had not improved.


‘India ranks first in implementing anti-dumping duties’

World Trade OrganisationNew Delhi, Oct 21 : The World Trade Organisation Secretariat has said that India leads all WTO member-countries in implementing anti-dumping measures followed by European Union and Indonesia during the first six months of 2008.

“Concerning application of new final anti-dumping measures, India reported applying 16 new measures, thereby registering an increase of 78 per cent during January-June over the same period last year,” the WTO said in its report.

India applied for six of the 16 new measures on products in the chemicals sector, it said.


Parliament review committee’s decision would hold for trial under POTA: SC

Parliament review committee’s decision would hold for trial under POTA: SCNew Delhi, Oct 21 : The Supreme Court on Tuesday held that if a Parliamentry Review Committee gives the finding that the offence against the accused cannot be tried under Prevention of Terrorism Act (POTA), then trial under the anti-terror law cannot proceed.

However, the state can always file an appeal against POTA review committee, said the bench headed by Chief Justice K G Balakrishnan pronouncing the verdict.


Altaf Hussain hails Zardari’s China visit

Pakistan President Asif Ali ZardariKarachi, Oct 21 : Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has hailed President Asif Ali Zardari’s recent visit to China, saying he deserves “great appreciation” for his efforts to bring the country out of economic crisis.

According to a MQM statement, Hussain felicitated the President in an hour-long telephone conversation (with him) on his recent successful visit to China.


Missing, injured Oregon hiker ate centipedes to survive on a mountain

London, October 21 : An Oregon hiker rescued from a mountain, where he survived for five days with a broken ankle, has revealed that he ate centipedes, ants and even a poisonous wolf spider to survive.

Derek Mamoyac, 27, fell badly while descending 12,300-ft Mount Adams in Washington state on October 12.

It was supposed to be a one-day trip, and he had not informed his family about it.

When he failed to turn up for work the following morning, his family reported him missing.

Mamoyac tried descending the mountain by crawling on his knees, but he had to stop when it became too painful.

He revealed that he drank water from creeks.


President Patil says strong medical system is must for country''s health

President Pratibha PatilGuwahati, Oct 21 : President Pratibha Patil today said that there is an urgent need for augmenting medical institutions in the country.

Laying the foundation stone of the Tezpur Medical College in Sonitpur district of Assam, Patil said the country has at present 271 medical colleges out of which about 31,000 medical graduates pass out every year.


Palamu district authorities use postcards to promote responsive administration

Patna, Bihar Palamu (Bihar), Oct. 21 : District administration in Palamu in Jharkhand has recently started a novel postcard scheme to attend to the problems of local residents, especially those living in far off villages of the district.

The main objective of the postcard scheme is to establish direct contact with the public and address their problems. Both the administration and public are enthusiastic about this scheme. It is being made successful with mutual cooperation.


Speedy electrification of Indian Railways

Lalu Prashad YadavNew Delhi, Oct 21 : Union Minister of Railways Lalu Prasad Yadav today said that Indian Railways is the lifeline of the nation and it is necessary to run fast moving trains in view of ever increasing passenger and freight traffic.


Badal criticises Raj Thackeray for anti-north Indian tirade

Parkash Singh BadalAmritsar, Oct. 21 : Punjab Chief Minister Parkash Singh Badal today criticized Maharashtra Navnirman Sena (MNS) President Raj Thackeray for indulging in extremism through his party''s anti-north Indian tirade.

MNS activists have attracted widespread criticism from across the country for recently beating up several North Indian youths, who were to appear for interviews for Indian Railways'' Grade IV jobs.

Expressing concern over the unusual face of politics emerging from Maharashtra, Badal said: "He (Raj Thackeray) is doing wrong. If the tension escalates, it could break the country."


Raj Thackeray denied bail, sent to jail for two weeks

Raj Thackeray Mumbai, Oct 21 : Maharashtra Navnirman Sena chief Raj Thackeray has been sent to judicial custody till November 4 by a suburban magistrate’s court in Bandra.

He was produced before the judge after being arrested by Mumbai Police from Ratnagiri earlier on Tuesday. He will stay in Kalyan jail.

The Police also imposed a two-month gag order on Raj thus preventing him from addressing public rallies and talking to the media.


Laser hair removal therapy effective when used alone

Washington, Oct 21 : Laser hair removal therapy can be effective only when used separately than when used as a combination treatment, according to a new study.

During the past decade, laser hair removal has become a popular and accepted method used to reduce the growth of unwanted hair that have profound psychological effects and also appear to be safer.

The research team led by Dr Seyyed Masoud Davoudi, of the Baqiyatallah University of Medical Sciences, Tehran, Iran, analysed the results of the participants who underwent treatment at a private laser skin centre and received a total of four treatment sessions at eight-week intervals.


Iran arrests ‘spy pigeons’ near nuclear site

IranLondon, Oct 21 : Iranian security forces have arrested two pigeons for apparently spying near its Natanz nuclear facility.

According to the Etemad Melli newspaper, one of the pigeons captured near rose water production plant in the city of Kashan in Isfahan province had metal rings and "invisible" strings attached to it.

It is believed that the bird might have been communicating what it had seen with the equipment it was carrying.


Somalian pirates seize Indian dhow with 13-member crew

SomaliaKuala Lumpur, Oct 21 : Armed pirates in speedboats have hijacked an Indian dhow with 13 crew members off the northern coast of Somalia, a maritime official has said.

The cargo-laden vessel was en route to Somalia when it was seized over the weekend, said Noel Choong, head of the International Maritime Bureau’s piracy reporting centre in Kuala Lumpur, on Saturday.


Photo electoral rolls to be used for 2009 pools: CEC

New Delhi, Oct 21 : Photo electoral rolls will be used all over the country, except in the north eastern states, Chief Election Commissioner N Gopalaswami said.

Addressing the National Police Academy in Hyderabad, Gopalaswami said that though the process of issuing electoral photo identity cards started in 1995, 100 per cent success has never been achieved for several reasons.

He said a list of missing voters was also being prepared in each polling station to ensure the eligible persons did not lose their voting right.

The CEC said multi-level checking of electoral rolls was being undertaken to compare the 18-plus population as per census data with the number of registered voters.


Pak lawmakers have no stomach for battling militants: NYT

Islamabad, Oct. 21 : Lawmakers in Pakistan, it seems, don''t have the stomach for battling militants.

Former Prime Minister Nawaz Sharif is reported to have sent a letter on Monday to Prime Minister, Yousaf Raza Gilani, calling for dialogue with militants.

The letter suggested a halt in military operations while negotiations were given a chance, according to Ahsan Iqbal, an aide to Sharif.

Sharif, according to the New York Times, believes that there is no harm in talking with the militants, though he has sought to differentiate between them and the Taliban, and Al Qaeda.


Murli Deora for use of hydrocarbon fuels prudently

New Delhi, Oct 21 : Union Minister of Petroleum and Natural Gas Murli Deora today said that the present volatility in the global economy has affected India and though the Government is trying its best to overcome the present difficult times, it is the duty of each one of us to use the hydrocarbon fuels prudently and in most efficient way.

Speaking at a function here, Deora said unless we adopt such technologies which help us to increase fuel efficiency leading to conservation of the fuels, it would be enormously difficult for us to sustain this level of growth.


Uttar Pradesh, Rajasthan, Bihar tops in child labour prevention

Oscar FernandesNew Delhi, Oct 21 : Minister of Labour and Employment Oscar Fernandes has informed the Lok Sabha that Uttar Pradesh tops in child labour prevention followed by Rajasthan and Bihar as the maximum number of children in the age group of 5-14 year were rescued and rehabilitated.

During the year 2007-08, Fernandes said 71,479 children were withdrawn from work and enrolled in special schools under the National Child Labour Project (NCLP) in Uttar Pradesh.

Uttar Pradesh was followed by Rajasthan and Bihar where 39,601 and 34,650 children were withdrawn from work and enrolled in special schools.


Radio Pakistan, now a patron of Dalits in India

Pakistan Radio Amritsar, Oct. 21 : The Punjabi Durbar programme of Radio Pakistan has been having a staple diet talking about the status of Sikhs in India. Now the radio has a new object to patronize - the Dalits in India.

In broadcasts directed to the border areas in Punjab, the Punjabi Durbar programme has blamed the Government of India for neglecting the Dalit community, including the scheduled casts and tribes.

This has provoked anger among the scheduled castes and tribes in the border areas.


India, Pakistan open Cross-LoC trade after 60 years

India & PakistanSrinagar, Oct 21 : India and Pakistan restored cross-LoC trade on Tuesday by launching truck services on the Srinagar- Muzaffarabad and Poonch-Rawalkote roads, scripting a new chapter in bilateral ties.

Jammu and Kashmir Governor N N Vohra flagged off goods laden trucks making the resumption of trade ties between the divided parts of Kashmir after 60 years.

Three trucks carrying fruits and vegetables were also flagged off by H H Tayabji, Adviser to the Governor from the Rangar International Trade Terminal in Chakan-de-Bagh in Poonch District.


Brit man buys £30k water tower that can only be accessed by helicopter!

London, Oct 21 : A man had paid a whopping 30,000 pounds for a water tower that he wished to convert into a "modern and funky pad" to share with his girlfriend, only to find he could reach there by helicopter or plane.

First time buyer Ashley Parsons has been told that driving or walking to the disused Ministry of Defence water tower could actually land him in prison, for his future love nest stands on private land.

The company that bought the land around the water tower refused to grant him with retrospective access rights because the directors do not want the tower to be redeveloped.

"It''s a horrible feeling but it won''t stop me and I''m glad I went ahead with the purchase,” The Telegraph quoted Parsons, as saying.


Weather may hold key to Chandrayan -I launch as per schedule

Chandrayaan-1 Mission Sriharikota (Andhra Pradesh), Oct 21 : The weather in Sriharikota will hold the key for Wednesday''s proposed launch of Chandrayaan-1, India''s spacecraft mission to moon.

The space port has reported lightning activity and inclement weather, and any further lightning tonight may lead to a postponement of the launch from the Satish Dhawan Space Centre.

According to ISRO Chairman G. Madhavan Nair, rain has led to count down related activities being shifted from the outdoors to the control room.


JVP says Lankan President will give in to Indian pressure

Sri LankaColombo  , Oct 21 : JVP (People’s Liberation Front) General Secretary Tilvin Silva has reportedly accused the Indian government of throwing a fresh lifeline to the LTTE as the army stepped up pressure on Kilinochchi.

Asserting that the government would eventually “give in to Indian pressure”, he attacked the SLFP leadership and its allies, particularly the breakaway JVP faction the National Freedom Front
(NFF) for blaming the ruling DMK for triggering chaos.


Deora to meet oil firms and airlines to resolve fuel bill impasse

Murli Deora to flag off relief material for flood-hit BiharNew Delhi, Oct. 21 : Petroleum and Natural Gas Minister Murli Deora will meet with representatives of state-run oil companies and private airlines on Wednesday in a bid to resolve their dispute over unpaid fuel bills.


US troops to hand over Babel province on Thursday - governor

Baghdad, IraqBaghdad  - The US-led multi-national forces are to hand over the security of the province of Babel to the Iraqi government in two days' time, Babel governor Salem Saleh al-Moslemawy said Tuesday.

In remarks reported by the Iraqi al-Buratha news agency, al- Moslemawy told a press conference that the ceremonial handover would take place on Thursday.

Babel, south of Baghdad, would become the 12th of Iraq's 18 provinces to be handed over by the US military to Iraqi control.


Court convicts two in terror case in Denmark

Copenhagen - A Danish district court on Tuesday convicted two men of planning a terror attack and manufacturing explosives.

The two, aged 22 and 21, were arrested in September 2007 in Copenhagen.

During the proceedings it emerged that the Danish security intelligence service (PET) had kept them under surveillance for several months.

The PET had been tipped off that the older suspect had visited an alleged al-Qaeda camp in Pakistan and installed a secret camera in his flat. The men's phone conversations were also tapped.

Police also seized a hand-written manual that bomb experts said described how to make explosives.

The men allegedly tried to make the explosive triacetone triperoxide (TATP).


Bulgarian archaeologists unearth millenia-old 1.5-metre golden chain

Sofia, BulgariaSofia - Bulgarian archaeologists have discovered a large gold chain made 4,000-6,000 years ago, in the Bronze Age, media reports said Tuesday.

The 1.5-metre chain, made of 320 links, was found along with gold and silver artefacts in a grave in southern Bulgaria.

The find may shed more light on the ancient period of which there is very little knowledge, the head of Bulgaria's National Historic Museum said. (dpa)


Judges' protest paralyzes Spanish judiciary

Madrid  - A work stoppage by judges and judicial secretaries Tuesday paralyzed a large part of Spain's court system.

The judiciary was protesting what it saw as government interference in its work and a lack of resources.

Judicial secretaries stopped working for three hours and judges, who were not allowed to stage a formal work stoppage, held meetings during that time.

The protesters were accusing Prime Minister Jose Luis Rodriguez Zapatero's Socialist government of interference in urging the highest judges' organ to adopt stronger sanctions against a Seville judge for failing to jail a paedophile who then killed a five-year-old girl in January.


India's Sensex climbs 4.5 per cent

Sensex Rallies; Up Over 700 Pts New Delhi  - India's benchmark Sensex ended 4.5 per cent higher on Tuesday buoyed by a cut in a key lending rate and Prime Minister Manmohan Singh's assurance that the fundamentals of the Indian economy were strong.

The 30-share sensitive index which gained 247.74 points on Monday, added another 460.30 points in trading Tuesday to close at 10,683.39, up 4.5 per cent.


Singapore Prime Minister Lee to visit China

Singapore - Singapore Prime Minister Lee Hsien Loong will make an official visit to China from October 22 to 27 in conjunction with his attendance at the ASEM (Asia-Europe Meeting) VII Summit, the government announced Tuesday.

Lee will be accompanied by Mrs Lee, Minister for Foreign Affairs George Yeo, Minister for National Development Mah Bow Tan, Minister for Trade and Industry Lim Hng Kiang, members of parliament and senior government officials.

In Beijing, Prime Minister Lee will meet with Chinese President Hu Jintao, Premier Wen Jiabao, National Standing Committee (NPC) Chairman Wu Bangguo and Vice Premier Li Keqiang, as well as other senior Chinese leaders, said the Singapore Foreign Ministry.


Swedish locks group to review possible move of West Bank plant

Stockholm - Assa Abloy, a locks and security solutions group based in Sweden, said Tuesday it would consider moving a plant out of an industrial zone in an Israeli-occupied portion of the Palestinian West Bank after receiving criticism from Swedish human rights groups.

A group of Swedish human rights organizations earlier Tuesday published a report criticizing the company for operating the plant in the disputed zone in the town of Barkan.

The report, Illegal Ground: Assa Abloy's Business in Occupied Palestinian Territory, said the plant "contravenes both domestic Israeli law and a number of provisions in international law."


Bangladesh plans fuel price cut next week

Dhaka, BangladeshDhaka- Bangladesh's interim government plans to reduce the fuel price by 8 to 12 per cent in the wake of the crude oil price fall on the global market, an official said Tuesday.

The decision will be finalised at a meeting of the council of advisers to be headed by the chief adviser to the interim government of Fakhruddin Ahmed sometime next week, he said.


Iranian student arrested for interviewing women activists

Tehran  - An Iranian woman who had been studying in California was arrested by Iranian police, reportedly for making unauthorised video interviews with women activists in Iran, the Tehran press reported Tuesday.

The daily Kargozaran reported that Esha Momeni, member of the Change for Equality campaign, was transferred to the notorious Evin prison after her arrest last week.

Momeni reportedly planned to make a film about women in Iran in general and woman activist Parvin Ardalan in particular.

Ardalan, 41, last year initiated a plan to collect one million signatures in Iran to amend the prevailing law on women's rights, which are not equal to those of men.


Indonesia ratifies ASEAN charter

Jakarta - Indonesia's parliament on Tuesday ratified a regional charter committing South-East Asian nations to the principles of democracy and human rights, and envisaging a single free-trade area by 2015.

The ratification bill was approved by all 10 factions in the House of Representatives. It will take effect after it is signed by the president.

Indonesia was the last member of the 10-nation Association of Southeast Asian Nations (ASEAN) to ratify the charter after the Philippines signed up earlier this month, clearing the way for its formal adoption at a summit in Bangkok in December.

The charter commits the group to promote human rights and democracy, sets out rules for members and transforms ASEAN into a legal entity.


Libyan youth want Gaddafi's son Saif al-Islam to return to politics

LibyaTripoli  - Seif al-Islam Gaddafi, the son of Libyan leader Moamer Gaddafi had by Tuesday not responded to the previous day's call for his return to politics.

Around 5,000 young Libyans took part in a pro-Gaddafi demonstration in central Tripoli on Monday. The youth organization members, wore orange t-shirts and shouted: "We need you to build the future of Libya."

They also urged Moamer Gaddafi to ensure his 36-year-old son became politically active again.


Estonian taxpayers fund first lady's rollerblading hobby

Tallinn - Estonian taxpayers have been subsidizing the Estonian first lady's love of rollerblading to the tune of nearly 30,000 kroons (2,500 US dollars), it was reported Tuesday.

A report in the Estonian business daily Aripaev said the public money was spent on plane tickets and accommodation for Evelin Ilves, wife of Estonian President Toomas Hendrik Ilves, on recent trips during which she took part in rollerblading marathons.

The office of the president confirmed to dpa Deutsche Presse- Agentur that the figures quoted by the press were accurate, but noted that the trips had included "official duties" as well as the freewheeling events.


Ukraine ready to ransom sailors from Somali pirates

Kiev  - Relatives of a mostly-Ukrainian crew held hostage aboard a ship off the Somali coast are preparing to pay a ransom demanded by pirates, a crew spokeswoman told the Ukrainian Fakty newspaper on Tuesday.

Pirates aboard the MV Faina over the weekend displayed 18 Ukrainians, two Russians, and one Latvian sailor to US warships on station nearby off the north Somali coast, and photographs made public by the Americans seemed to show all the sailors in good health, said Olha Grizheva, mother of one of the hostages.

"We have the money to pay a ransom to bring them back home, we collected much of it in donations from ordinary people," Grizheva said. A "major political party" donated the remainer of the ransom, according to the article.


British police arrest five suspected terrorists

UK FlagLondon- Five men were arrested Tuesday in Birmingham for allegedly planning a terrorist attack, according to police officials.

The men, aged 29 to 36 years, were arrested in five separate raids, the police said.

Authorities said no terrorist attacks had been close to execution and that there was no public danger. (dpa)


Tunisian suspected of cartoonist murder plot allowed to stay

DenmarkCopenhagen  - A Tunisian national held on suspicion of planning to murder a Danish newspaper cartoonist will not be deported. However, his movements will be restricted, news reports said Tuesday.

The Danish Refugee Appeals Board ruled that the man risked possible mistreatment or other degrading punishment if sent back to Tunisia.

The man was one of two Tunisians arrested in February after the Danish security and intelligence service PET said it had uncovered a plot to murder cartoonist Kurt Westergaard.


Five Russian troops killed in ambush in Dagestan

Russia FlagMMoscow  - Five Russian soldiers were killed and six injured in an ambush in the Cacausus republic of Dagestan on Tuesday, Russian news agencies reported.

A three-vehicle column of Interior Ministry troops was attacked about 40 kilometres from the republic's capital of Makhachkala, agencies quoted an unnamed law-enforcement official as saying.

The attacks come after one of the most serious assaults on government troops by insurgents over the weekend in the neighbouing republic of Ingushetia.


Vietnamese prime minister arrives in Beijing on tour of China

Nguyen Tan Dung Beijing  - Vietnamese Prime Minister Nguyen Tan Dung continued his first tour of China Tuesday, arriving in Beijing for several days of summits and signing ceremonies.

During his stay, Dung is scheduled to meet with Chinese Premier Wen Jiabao. The two are to sign documents about cooperative projects between the two countries, according to Nguyen Vinh Quang, Vietnam's minister to China.

Dung is also set to participate in the seventh summit of the Asia- Europe Meeting (ASEM), scheduled for October 24-25.


Schiphol Group, Aeroports de Paris sign cooperation agreement

Schiphol GroupAmsterdam - The Dutch Schiphol Group and French aviation company Aeroports de Paris (ADP) have signed a cooperation agreement, which includes cross-investment of 8 per cent, the parties announced on Tuesday.

Schiphol is investing 530 million euros (711 million dollars) in ADP while ADP is investing 370 million euros in Schiphol. The top managers of the two companies will take seats on each others' managing boards.

Schiphol, which operates Amsterdam's Schiphol airport, said the cooperation will strengthen the position of both companies.


Brussels approves Germany's rescue of IKB bank

IKB BankBrussels - The European Union's executive body on Tuesday gave its blessing to the German government's rescue of troubled mortgage bank IKB, the country's first major victim of the current financial crisis.

The European Commission "has approved, under (EU) treaty state-aid rules, a 9-billion-euro (12.1-billion-dollar) restructuring package for German bank IKB," a statement released in Brussels said.

The bail-out "will allow for the restructuring of the bank, while the significant scaling back of IKB's activities will limit the distortion of competition created by the state support," it said.


Bangladesh may relax emergency rule month ahead of December polls

Bangladesh Election CommissionDhaka,  - Bangladesh's military-backed government may relax the prolonged state of emergency early November to hold the country's stalled parliamentary polls in December, an adviser to the interim administration said on Tuesday.

After a meeting with a European Commission delegation in Dhaka, the country's foreign affairs adviser said that the government would make an announcement relaxing the emergency rule in November, when a 10-member EU-core team will visit Bangladesh to assess the election atmosphere.


Kazakhstan decides to pull troops out of Iraq

KazakhstanAstana  - Kazakhstan has decided to pull its troops out of Iraq after five years of fighting alongside the US army, the Central Asian state's Defence Ministry said Tuesday.

Kazakhstan had deployed about 30 mine-clearing troops in Iraq a few months after the US-led invasion in the spring of 2003.

"At the request of the Iraqi government and in connection with the considerable stabilisation of conditions there, Kazakhstan's troops will come home," the ministry said in a statement.


Saudi minister: trial of hundreds of terrorist suspects underway

Prince Nayef Bin Abdel Aziz Riyadh  - Saudi Interior Minister Prince Nayef Bin Abdel Aziz confirmed Tuesday that the trial of 991 terrorist suspects is underway.

The number is significantly higher than the 70 defendants reported in Saudi media Monday. Legal proceedings are believed to have started on Monday.

The minister said the defendants were responsible for more than 30 attacks in the conservative Muslim kingdom since May 2003, the Saudi News agency reported.


Namibia wants German universities to return skulls from colonial era

Namibia, WindhoekWindhoek  , Namibia - Namibia's government is calling for the repatriation of dozens of skulls that have been stored in German universities since the colonial era.

The Namibian government in a statement on Tuesday said it designated the National Monuments Council to deal with the matter in which it wants Germany "to pay for the repatriation of the remains and all related costs."


Manmohan Singh arrives in Japan

Manmohan Singh arrives in JapanTokyo, Oct 21 : Prime Minister Dr. Manmohan Singh arrived here on Tuesday for summit talks with his Japanese counterpart Taro Aso during which they are expected to discuss a joint strategy to overcome the global financial crisis and possible cooperation in the civil nuclear energy sector.

Dr. Singh visit will bolster the India-Japan strategic and security ties. Japanese Foreign Minister Hirofumi Nakasone accorded the Prime Minister a warm welcome upon his arrival at the Tokyo International Airport.


Iranian parliamentary speaker begins two-day visit to Bahrain

Iranian parliamentary speaker begins two-day visit to Bahrain Manama, Bahrain - The speaker of the Iranian parliament, Ali Larijani, arrived in Bahrain Tuesday to start a three-day tour of Gulf nations.

Larijani's arrival coincided with the start of a two-day meeting in Manama between the United States and Persian Gulf nations focused on maritime security. That is a continuous issue because of previous threats by Tehran to shut down the vital Strait of Hormuz if Iran should ever come under attack from the United States or Israel.


Russia to give Belarus 2 billion dollar credit for natural gas

Russia to give Belarus 2 billion dollar credit for natural gas Moscow/Minsk - Moscow will give Belarus a two billion dollar credit to purchase Russian natural gas Minsk cannot otherwise afford, the Belapan news agency reported Tuesday.

Russian Finance Minister Aleksei Kudrin announced the loan at a Moscow press conference. At least half of the money would be transferred to the Belarusian government by the end of 2008, he said.


New Delhi blames Tokyo for deferring implementation of CEPA

India & Japan FlagsOnboard Air India One, Oct 21 : On the eve of dialogue between Prime Minister Manmohan Singh and his Japanese counterpart Taro Aso, New Delhi has blamed Tokyo for deferring the implementation of comprehensive economic partnership agreement (CEPA) that can prove to be a shot in the arm for the bilateral trade between the two countries.

The current trade between the two countries stands at 10 billion dollars and is expected to reach 15 billion dollars by 2015.


Flight cancellation costs Rs 30,000 to Deccan Airlines

Deccan AirlinesNew Delhi, Oct 21: Deccan Aviation Limited has been directed by the State Consumer Commission to pay a passenger Rs 30,000 as compensation for putting him into inconvenience by abruptly cancelling its Kullu-Delhi flight for four days at a stretch.

The Commission said that the airlines-service provider was responsible to keep the flights in perfect order and not to put the passengers in unnecessary inconvenience and mental stress by keeping them waiting or sending them back as they might be having some urgent business engagements or assignments.


MNS chief to spend night in jail

MNS chief to spend night in jailMumbai, Oct 21 : Maharashtra Navnirman Sena (MNS) chief Raj Thackeray would spend the night in jail, following the denial of bail by the Bandra Metropolitan Magistrate court, in connection with the attack on Railway board examination centres.

The MNS chief was sent to judicial custody till November 4 on Tuesday.

Special Public Prosecutor Majid Memon said, “Thackeray would probably spend the night in jail.”


Nationalize EU industries to keep them European, Sarkozy says

Nicolas SarakozyStrasbourg, France - European Union governments should take over strategic industries which have been hit by the global financial crisis to keep them out of foreign hands, French President Nicolas Sarkozy told the European Parliament on Tuesday.

"Stock exchanges are at historically low levels. I wouldn't like European citizens to wake up in a few months' time and realize that European companies belong to non-European capitals," Sarkozy told the parliament as the current holder of the EU's rotating presidency.


World Bank expands investment consulting in CEE, Central Asia

World Bank GroupVienna - The World Bank Group has launched a new office in Vienna on Tuesday to help a wider range of countries in Eastern Europe and Central Asia attract direct foreign investment.

Expanding its previous work in Vienna that was focused on the West Balkan region, the World Bank's investment climate advisory service FIAS is expanding to countries such as the Ukraine and Armenia, programme coordinator Margit Mischkulnig said.

"It's going deeper and wider," she said.


Lula says crisis will get Obama elected

Barack ObamaSao Paulo  - Brazilian President Luiz Inacio Lula da Silva believes the ongoing financial crisis will lead to the election of Democrat Barack Obama as US president.

"This crisis, among other benefits it will cause, will get Obama elected as president of the United States. It will get a black man elected, which is no small matter," Lula said late Monday, during an awards ceremony for outstanding personalities held in Sao Paulo and sponsored by the magazine Carta Capital.


South Africa will weather global financial storm: finance minister

Trevor ManuelJohannesburg  - South African Finance Minister Trevor Manuel said Tuesday he was confident the country would ride out the international financial storm and announced a increase in government spending, while predicting slower growth.

Presenting his annual medium-term budget policy statement, Manuel said: "The storm has arrived, it is fiercer than anyone could have imagined, and its course cannot be predicted. But we saw the signs early and we took appropriate action. We can say to our people... the thunder will pass."


India’s moon mission to be up on Wed, final countdown smooth

India’s moon mission to be up on Wed, final countdown smoothSriharikota (Andhra Pradesh), Oct 21 : With the final countdown progressing without any hitch on Tuesday, India’s maiden unmanned moon mission -- Chandrayaan-I -- is all set to lift off on Wednesday to launch a two-year space odyssey that will catapult the country into an exclusive club of moon-faring nations.


Rahul Gandhi attacks Raj for anti-north Indian campaign

Rahul GandhiSri Nagar (Uttarakhand), Oct 21 : Congress general secretary Rahul Gandhi has slammed MNS chief Raj Thackeray for his anti-north Indian campaign and accused him of indulging in divisive politics.

“What Raj Thackeray is doing is wrong. This is dividing the country,” Rahul said, while interacting with the students of H N Bahuguna University at Sri Nagar in Uttarakhand on Tuesday.

He was asked what was the Maharashtra government doing to prevent attacks on north Indian students who had gone there to appear in a Railway examination.


28 pick-up vans cross LoC on the first day of trading

Srinagar, KashmirSrinagar, Oct 21 : As many as 28 pick-up vans loaded with goods crossed the “Aman Sethu” (peace bridge) on Tuesday as cross-LoC trade resumed between the divided parts of Kashmir after decades of closure.

In all, 13 truck loads moved across from this side carrying apples and spices while 15 pick-up vans loaded with rice, spices, rock salt, dry dates and raisins drove to this side from across the border.


Afghan journalist sentenced to 20 years in jail for blasphemy

Kabul, AfghanistanKabul- Afghanistan's appeals court sentenced on Tuesday an Afghan journalist to 20 years in prison for blasphemy, a crime punishable by death in Islamic law.

The ruling overturned a death sentence handed earlier to Perwiz Kambakhsh by primary court in northern Afghanistan for distributing articles downloaded from the internet which questioned the rights of women under Islam.


Baltic markets hold steady

Riga, LatviaRiga - The three Baltic stock exchanges continue to trade in a steady range this week, maintaining the trend started at the end of last week.

The NASDAQ OMX Tallinn exchange closed down 0.75 per cent Tuesday. Vilnius was down 0.56 per cent, while Riga's exchange, the smallest of the three, rose 5.94 per cent.

That was enough to cause the Baltic Benchmark Index (BBI) which includes data from all three exchanges, to record a modest rise, closing up 0.37 per cent at 332.19.

Despite the general flatness in the markets, there were one or two big fluctuations among individual stocks.


US and Russian military leaders meet in Finland

Russia and US FlagsHelsinki - Top military leaders from the United States and Russia met Tuesday near Helsinki for their first time since this summer's war between Russia and Georgia.

The agenda was reported to have included talks on the situation in Georgia, an ally of the United States that in August fought a short war with Russia.

The meeting was attended by the chairman of the US Joint Chiefs of Staff, Admiral Michael Mullen, and General Nikolai Makarov, head of Russia's general staff.

Details of the discussions were not released, but it was reported to be the first direct meeting between these two defence chiefs.


US actress Scarlett Johansson to host Nobel Peace concert

Scarlett JohanssonOslo  - US actress Scarlett Johansson was Tuesday named as one of the hosts of the upcoming Nobel Peace Prize Concert, organizers said.

Among acts slated to perform at the December 11 concert were Diana Ross along with Canadian singer-songwriter Leslie Feist, US country musician Dierks Bentley, singer Julieta Venegas, Nigerian musician Seun Kuti and Norwegian singer-songwriter Marit Larsen.

The concert is held the day after the Nobel Peace Prize ceremony where the 2008 winner, former Finnish president Martti Ahtisaari was to be honoured.


Three killed as bus carrying Juventus fans crashes

Italy, RomeAosta, Italy - At least three people were killed Tuesday in a crash involving a bus carrying fans of Italian football club Juventus, Italian news reports said.

Several other passengers injured in the crash were taken to a hospital in the north-western town of Aosta, according to the ANSA news agency.

The bus was apparently travelling from Switzerland to Turin were Juventus are scheduled to play against Real Madrid in a European Champions League match, later Tuesday. (dpa)


Only two bidders as Air France leaves race for Austrian Airlines

Air France- KLMVienna/Paris  - Air France-KLM has dropped its bid for Austrian Airlines AG, a spokesman said in Paris on Tuesday.

With the French-Dutch airline out of the race for buying the 42.75-per-cent stake of the Austrian flag carrier currently owned by the state, German Deutsche Lufthansa AG and Russian carrier S7 are likely the only other contenders.

However, Air France-KLM had informed Austrian Airlines that it was interested in continuing talks, the spokesman said.

Earlier, Air France-KLM had complained about the high price and a lack of transparency regarding the Austrian company's books.


Biden’s medical records indicate he is ‘in good health’

Media reports say that according to medical records released by the Obama-Biden campaign on Monday, the vice presidential candidate Senator Joe Biden is ‘in good health’, and there has been no repeat instance of aneurysm he suffered two decades back.

Biden’s medical records, released to some news organizations, detailed the treatment of two brain aneurysms in 1988 and other, mostly ‘minor’ medical problems.

Biden, 65, had emergency surgery for an aneurysm in an artery- a bulging of an artery due to a weakened area of the vessel wall - in his brain, but suffered no permanent damage as a result. He also had a second, smaller, unruptured aneurysm that was removed a few months later.


Palin at Colorado rally, criticizes Obama on taxes

Addressing a rally in Colorado on Monday, Republican vice presidential candidate, Sarah Palin, said that Barack Obama if elected would not only raise their taxes, but he would also spend the money in a way that could hurt the economy.

Elaborating her point, the Alaska Governor said that government takes the people’s money and spreads it out “wherever politicians see fit”, which she argued is “not good for the economy.”

The government’s job is to collect taxpayer dollars and decide how to spend them. Obama has said he would cut taxes for people who make less than $250,000 a year.


Sun Microsystems expects fiscal 1st-quarter loss

The Santa Clara technology major, Sun Microsystems, said on Monday that it expects to report a net loss - of 25 to 35 cents a share - in its fiscal first quarter that ended September 28. The reason cited for the loss was the economic crunch that has hit some of its customers especially hard.

The company has recorded a hefty goodwill impairment charge and a restructuring charge amid a difficult economic environment. While the details will not be released until October 30, Sun predicts revenue between $2.95 billion to $3.05 billion, compared with $3.22 billion in the same quarter last year.


Security pact unlikely to be approved before US elections

US ElectionBaghdad  - Iraqi Foreign Minister Hoshiyar Zebari said that the security pact with the US, also known as Status of Forces Agreement, is unlikely to win approval in Iraq's parliament before the US presidential election on November 4.

The pact would lay down the legal basis for a continued US military presence in Iraq after a UN mandate expires in December

Zebari told al-Arabiya satellite news station Tuesday that Iraq still hoped to enact the pact before the end of this year, when the UN Security Council resolution authorizing the US presence expires. But he acknowledged difficulties reaching agreement among Iraqi political leaders.


Investor Kerkorian drops Ford stock

Ford MotorNew York - Months after increasing his stake in Ford Motor Company, billionaire investor Kirk Kerkorian is pulling back from the suffering automaker.

His Tracinda Corp sold 7.3 million shares of Ford stock on Monday for 2.43 dollars each, he had purchased the shares for 8.50 dollars earlier this year. Tracinda is also considering unloading its remaining 133 million shares.

The move comes days after Kerkorian had put 50 million shares of his MGM Mirage casino behind the 600-million-dollar credit line he had used to buy Ford stock, Bloomberg financial news reported.


3M profits on international sales

3M profits on international salesNew York - US manufacturer 3M overcame the economic slowdown in its home market with strong international sales in the third quarter, the company said Tuesday.

Profits rose 3 per cent over the year earlier period to 991 million dollars, the St Paul, Minnesota maker of products like Post It notes and Scotch tape said. Revenue rose more than 6 per cent to
6.6 billion dollars.

The earnings were above analysts' expectations, but the company warned profits for the year could still fall below predictions as the economic downturn spreads worldwide.


Two killed as bus carrying Juventus fans crashes

Aosta, Italy - Two people were killed and several injured Tuesday when a bus carrying fans of Italian football club Juventus crashed in Italy's north-western Alpine region, police said.

Rescuers had to cut through the vehicle's twisted wreckage to release the bodies of the victims, while ambulances took an unspecified number of injured to a hospital in nearby Aosta, Carabinieri police officer, Vincenzo Puzzo, told television news channel, SKY TG24.

Puzzo said the fans were travelling from Neuchatel, Switzerland to Turin where Juventus was to host Real Madrid in a European Champions League match later Tuesday.


No passport, no participating in talks - Zimbabwe's MDC

Harare, Zimbabwe MapHarare - Zimbabwe's Movement for Democratic Change (MDC) threatened Tuesday that party leader Morgan Tsvangirai would boycott another meeting of the Southern African Development Community on the Zimbabwean crisis unless he received a passport.

Tsvangirai did not attend a SADC meeting in Swaziland on Monday at which the breakdown in talks between his party and President Robert Mugabe's Zanu-PF party on the formation of a unity government was discussed. Mugabe attended the meeting.


Four human heads sent to police in parcel in Mexico

Mexico CityMexico City  - Police in the northern Mexican town of Ascension, near the US border, received a parcel containing a cooler packed with four human heads, Mexican media reported Tuesday.

The parcel arrived last week, but it was not opened until Monday because it was initially thought to have been sent by mistake to the police command in Ascension, some 150 kilometres southwest of Ciudad Juarez.

The cooler was labelled "Vaccines, delicate material, handle with care," so police first contacted local hospitals and health centres to check whether they had ordered vaccines.


Austrian Airlines sale up in the air as Air France ends bid

Austrian Airlines sale up in the air as Air France ends bidVienna/Paris  - The privatisation of Austrian Airlines AG is facing uncertainty as Air France-KLM said Tuesday it had dropped its bid, and a newspaper reported that Deutsche Lufthansa AG had also not submitted a formal offer.

According to the Austrian newspaper Die Presse, only the Russian S7 Airlines submitted a valid bid by the deadline on Tuesday at midday.


French shares up modestly as bank stocks surge

Paris, FranceParis  - Led by a surge of bank stocks after the French government's announcement of a capital injection, shares on the Paris Bourse ended trading on Tuesday with a modest gain, its third winning session in a row.

The benchmark CAC 40 closed up 0.78 per cent, to 3,475.40, with gainers and decliners running about even.


Candidates hit battlegrounds; Obama plans campaign break

Barack Obama, John McCainWashington  - With only 14 days to go before the US general election, presidential candidates John McCain and Barack Obama crisscrossed swing states Tuesday that will be crucial to success on November 4.

Obama held a roundtable discussion in Tampa, Florida with economic advisors and state governors from across the country, part of a major tour this week by the Democratic nominee and his surrogates across the state that gave President George W Bush a wafer-thin victory in 2000.


Bombing kills 14 in north-eastern India

Bombing kills 14 in north-eastern IndiaNew Delhi - At least 14 people were killed and 16 injured in a bomb blast suspected to be carried out by separatist militants in India's north-eastern state of Manipur on Tuesday, a news report said.

The bomb was planted on a motorcycle and exploded near the police commando barracks in Imphal, the state's main city, the IANS news agency reported.

Imphal police superintendent Radhe Shyam told the news agency that 11 people were killed on the scene, and three succumbed to injuries at the hospital.

Most of the victims were civilians, but some could be policemen.


Pfizer triples profits despite flat revenues

Pfizer triples profits despite flat revenues New York - Pfizer Inc, the world's largest drug maker, said Tuesday that its quarterly earnings tripled on one-time items despite flat revenues.

Earnings rose to 2.28 billion dollars, or 34 cents a share, on job cuts and a favourable exchange rate, up from 761 million dollars, or 11 cents, in the year-earlier period when it was hit by a one-time charge for dropping an insulin drug, the company said in New York. Excluding one-time costs, profits rose 5 per cent.


United Airlines reports quarterly losses

United Airlines reports quarterly lossesNew York - United Airlines parent UAL said Tuesday it lost 779 million dollars in the third quarter amid high jet fuel costs.

The losses at the second-largest US airline compared to profits of 334 million dollars in the year-earlier period, the Chicago-based company said. Revenues remained stagnant at 5.6 billion dollars.

United's competitors - including American Airlines, Delta and Continental - have also reported heavy losses on higher fuel costs and increased competition. US airlines have resorted to job cuts, fleet reductions and additional passenger fees. (dpa)


Queen Elizabeth on first visit to independent Slovenia

Queen Elizabeth on first visit to independent SloveniaLjubljana - Queen Elizabeth II received a golden tea set Tuesday at the start of her three-day visit to Slovenia, her first since the Alpine-Adriatic republic claimed independence from former Yugoslavia.

Queen Elisabeth II and her husband, the Duke of Edinburgh, were whisked away from the airport outside the capital Ljubljana to meet their host, President Danilo Turk, at the nearby 16th century castle Brdo pri Kranju.

Upon arrival, the Queen, President Turk and their spouses posed for pictures and exchanged gifts.


Russia plans sweeping military reforms

Russia plans sweeping military reformsMoscow - Its organization unchanged since 1945, Russia's military now faces an overhaul, after its brief war with Georgia this summer showed leaders the country needs a more agile force that does not operate on Cold War scenarios.

While reforms were in the works before the Georgia war, the sight last August of Soviet-made tanks stalling as they pushed into South Ossetia and instances of military officers forced to use journalists' satellite phones to communicate with command muddied Russia's victory.


Three soldiers among 19 killed in north-west Pakistan violence

Three soldiers among 19 killed in north-west Pakistan violence Islamabad - At least 19 people, including three soldiers and 14 Islamic militants, were killed Tuesday in fresh clashes in restive north-west Pakistan, security officials said.

A roadside bomb targeted a security convoy in Kabal area of troubled valley of Swat in North West Frontier Province (NWFP), leaving at least three law enforcers dead and numerous injured, a local official said.

The official who spoke on condition of anonymity said three vehicles of the security forces were also destroyed in the attack.


Microsoft launches global anti-piracy campaign

In an attempt to step up its anti-piracy efforts, Microsoft on Tuesday launched an anti-piracy campaign – ‘Global Anti-Piracy Day’ – which includes a series of education and enforcement actions in 49 countries in six continents.

According to the associate general counsel for worldwide anti-piracy and anti-counterfeiting at Microsoft, David Finn, the company is committed to working with others around the world to stay a step ahead of the piracy industry, and the campaign is a bid to combat counterfeit software.


U.S. FDA withholds approval of Abbott painkiller

U.S. FDA withholds approval of Abbott painkillerDrug-maker Abbott Laboratories said on Monday that federal regulators have withheld approval of its experimental long-acting form of the painkiller Vicodin, and there are no indications about when the drug would be approved.

In a statement, the company said it will discuss the matter with the FDA, since it had predicted the approval of Vicodin C-R this quarter. In fact, Abbott stuck to its earlier company earnings forecasts for 2008 and 2009 in spite of the uncertain fate of the pill, which it had expected would generate eventual peak annual sales of $500 million.


Canara Bank Q2 net profit surges 32%

Bangalore-based and India’s second largest public sector lender, Canara Bank, has reported a net profit of Rs 529 .43 crore for the second quarter ended September 2008, up 32 per cent over the same period, previous fiscal.

The improved net profit was largely contributed by operating income. Interest income surged 18 per cent (year-on-year) to Rs 4,109.20 crore.

The bank’s total income, however, grew by just 9.7 per cent to Rs 4447.97 crore from Rs 4,0546.60 crore during the same quarter last year. While, the operating profit for the quarter grew by 19 per cent to Rs 774 crore.

Recently, the bank has received RBI’s approval for opening more overseas branches in Johannesburg, Frankfurt, Muscat, Manama and Qatar.


Lebanon's disputes are political, not religious - Jumblatt

Lebanon's disputes are political, not religious - JumblattBeirut - Lebanon's anti-Syrian Druze leader and head of the progressive Socialist Progressive party, Walid Jumblatt, insists that the conflict between the Lebanese rival factions is based on political, not confessional, grounds.

In an exclusive, wide-ranging interview with Deutsche Presse- Agentur dpa, Jumblatt accused what he described as some "Western states and Israel of transforming Lebanon's conflict into a confessional one to benefit from it and thus enhance it like they did in Iraq and Afghanistan."


Only in America: Drive-through voting

Only in America: Drive-through votingLos Angeles - With the oldest ever candidate and the first black nominee the upcoming US election already has a lot of firsts. Now add another: drive-through voting.

For a few hours Tuesday night voters in car-crazy Orange County can perform their civic duty without leaving the comfort of their automobiles at eight electronic booths set up in a southern Californian parking lot. The booths are also available for voters to register on the last permitted day before the November 4 election.


Bombing kills 17 in north-eastern India

Bombing kills 17 in north-eastern IndiaNew Delhi - At least 17 people were killed and 30 injured in a bomb blast suspected to be carried out by separatist militants in India's north-eastern state of Manipur on Tuesday, news reports said.

The bomb was planted on a motorcycle and exploded near the police commando barracks in Imphal, the state's main city.

Imphal police sources told the PTI news agency that 13 people were killed on the scene, and four succumbed to injuries at the hospital.

Most of the victims were civilians, but some could be policemen.


Bolivian Congress calls constitutional referendum for January

Bolivian Congress calls constitutional referendum for January La Paz - Following a months-long political struggle, leftist Bolivian President Evo Morales on Tuesday obtained the necessary majority in Congress to call a referendum on a controversial proposal for a new constitution.


Crisis to have little impact on Palestinians

Crisis to have little impact on PalestiniansRamallah - The world financial crisis is not expected to leave much of an impact on the emerging Palestinian economy, officials, business executives and economists agree.

They said during a luncheon to discuss the world economic crisis that due to the small size of the emerging Palestinian economy, the world financial crisis is not expected to leave any permanent or even short term scar on it.


Profits sink at construction giant Caterpillar

New York - The world's largest construction equipment manufacturer, Caterpillar Inc, saw profits fall in the third quarter on higher raw material and energy costs and the effects of a weaker global market, the company said Tuesday.

Earnings fell more than 6 per cent to 868 million dollars, the Peoria, Illinois-based manufacturer said.

Revenue rose by 13 per cent to 12.98 billion dollars on higher prices, favourable exchange rates and demand in developing countries as the weak US housing market damaged domestic sales. (dpa)


UN: World is well prepared to fight large scale avian flu outbreak

UN: World is well prepared to fight large scale avian flu outbreak New York - The world is well prepared to beat back any major influenza pandemic with 148 countries having made contingency plans to deal with the disease, the United Nations and the World Bank said Tuesday.

"Considering that pandemic preparedness was largely unaddressed by the world's nations three years ago, the widespread awareness and action seen today is a major achievement," said David Nabarro, the UN system influenza coordinator.


Economic crisis will not deter US foreign aid

Economic crisis will not deter US foreign aid Washington - President George W Bush said Tuesday the United States must remain committed to providing assistance to developing countries despite economic turmoil at home.

Bush gave the keynote address at the White House's Summit on International Development in Washington, touting his administration's achievements while reminding the gathering that combating poverty abroad is vital to US national security interests.


US encourages Arab states to establish ties with Israel

US encourages Arab states to establish ties with Israel Cairo - US Assistant Secretary of State for Near Eastern Affairs David Welsh on Tuesday urged the Arab countries that have no diplomatic ties with Israel to establish relations with it.

"We would like to see some action taken by Arab countries, which do not have relations with Israel, to establish ties with it," he said, in remarks after his meeting with Arab League Secretary General Amr Mussa. "We would also like to see Israel do the same thing and get closer to Arab states, as peoples on both sides are willing to live in peace."


Hamas vows to work hard for the success of national dialogue

Hamas vows to work hard for the success of national dialogue Cairo - Palestinian Hamas leader Mahmoud al-Zahar said on Tuesday that his group will do everything it can to ensure the success of the Palestinian national dialogue to be held in Cairo on November 7-9.

"We will work hard to ensure the success of the dialogue and the reconciliation," Zahar said when he arrived in Cairo from Damascus late Tuesday.


Palestinian militants fire rocket into Israel

Palestinian militants fire rocket into Israel Tel Aviv - Palestinian militants late Tuesday fired the first Qassam rocket into Israel in more than a month, an Israeli Army spokeswoman said.

The rocket was fired from the northern Gaza Strip and there were no reports of any damages or injuries.

The Army said it was the first such attack since September 14. Israel and the militants in the Gaza Strip agreed to a cease fire in mid-June and the number of rocket attacks has fallen since then.

Defence Minister Ehud Barak after the attack closed the border crossing between Israel and the Strip. (dpa)


Stocks fall as depressing earnings outweigh new Fed moves

Stocks fall as depressing earnings outweigh new Fed moves Washington - Wall Street stocks posted significant losses Tuesday on disappointing profit reports from technology and commodity producers, overshadowing another massive infusion of liquidity by the Federal Reserve.

Metals giant Freeport-McMoRan Copper & Gold Inc reported a 33-per- cent drop in third-quarter earnings. Tech firms Texas Instruments Inc and Sun Microsystems Inc also reported worse-than-expected profits.


Apple earnings rise 24 per cent

Apple earnings rise 24 per centSan Francisco - Apple Inc on Tuesday reported a fiscal fourth-quarter profit of 1.14 billion dollars, or 1.26 dollars a share, up 24 per cent from a profit of 904 billion dollars in the same quarter last year.

The company is seeing a resurgence in sales of its computers at the same time sales of its iPhone and other portable devices are also rising strongly.

Apple said its revenue reached 7.9 billion dollars, up from 6.22 billion dollars in sales in the same period a year ago.


Yahoo profit plunges, layoffs announced

Yahoo profit plunges, layoffs announcedSan Francisco - Troubled internet giant Yahoo saw quarterly profits plunge 64 per cent and announced Tuesday that it would cut 10 per cent of its estimated 14,300 staff to help control costs.

The internet pioneer reported net income of 54 million dollars, or 4 cents a share, compared to 151 million dollars, or 11 cents a share, in the same period last year.


Sadbhav Engineering bags contract worth Rs 268 crore

Ahmedabad-based Sadbhav Engineering has informed that the company has secured a contract worth Rs 268.34 from Gujarat Industries Power Co. Ltd. (GIPCO).

Under the arrangement, the company would carry out the work of removal of Over Burdon (OB) for total 44.40 million CuM and lignite extraction of 4.68 million tons during a period of seven years.

The scope of work involves, hiring heavy earth moving equipments with operators, maintenance staff & facilities for excavation work at Mangrol Lignite Mines.

Sadbhav Engineering Limited undertakes infrastructure and engineering projects in India. It executes civil engineering construction projects primarily in the areas of roads, highways, irrigation, and mining operations.


HCC wins contract worth Rs 360 crore from Lanco Infratech

Hindustan Construction Company (HCC), one of the leading construction and civil engineering firm, has received a Letter of Intent from Lanco Infratech Ltd.

Under the deal, HCC would execute Lot-II, which involves all civil works of twin Head Race Tunnels of 16.5 kms including adit-II at Kalej Khola and adit-III for Teesta -VI Hydroelectric Project, Sikkim.

The contract, which is valued at Rs 360.05 crore, is scheduled to be completed in 45 calendar months from the date of Letter of Intent.

Last week, the company secured two new contracts aggregating to Rs 1688.28 crore from Government of Andhra Pradesh, Irrigation and CAD Department.


JP Associates declares 96% rise in Net Profit; 1800 crore Rights Issue approved

Jaiprakash Associates, one of the leading provider of civil engineering and construction services in the country, has informed that its Board of Directors has decided to raise a sum of approximately Rs 1800 crore through a Rights Issue.

Through the right issue, the company intends to meet the company's requirements of funds for capex and other general corporate purposes, including investments, instead of issuing further warrants to the promoters on a preferential basis.

In a separate release, the company has announced its Q2 result. The Company has registered a net profit of Rs 203.13 crore for the quarter ended September 30, 2008, which indicates a 96% growth over the corresponding period a year-ago.


Argentina pushes proposal to nationalize pension funds

Argentina pushes proposal to nationalize pension fundsBuenos Aires - Argentine President Cristina Fernandez de Kirchner on Tuesday signed a bill to unify the country's pension system into a public regime, following 14 years in which workers could opt for either a private or a public pension scheme.

The bill that will nationalize private pension funds needs to be approved by Congress. It would allow the government to collect the compulsory pension contributions of close to 3.6 million workers - worth some 4.6 billion dollars per year - who are currently in the private system.


Shadow minister apologizes for remarks about migrant workers

Wellington - The man who could be New Zealand's next immigration minister apologized Wednesday for giving offence with remarks about Asian and Pacific island migrant workers in the country's orchards and vineyards.

Lockwood Smith, immigration spokesman for the opposition conservative National Party, which is favoured in next month's general election, said that Asian workers were more productive "because their hands are smaller" and Pacific islanders had to be taught how to use toilets and showers.

Smith, who was campaigning Tuesday in the vineyard and fruit- producing province of Marlborough, said his comments were reported out of context.


Japan's key Nikkei index falls 2 per cent after US market dips

Tokyo - Japan's key Nikkei index fell 2 per cent Wednesday, tracking the US market's overnight losses.

In the first 10 minutes of trading Wednesday, the Nikkei 225 Stock Average dropped 186.67 points to 9,119.58 after ending Tuesday's session up more than 3 per cent.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 100.20-25 yen, down from Tuesday's 5 pm quote of 101.20-22 yen.

The euro was quoted at 1.3005-10 dollars, down from Tuesday's 5 pm quote of 1.3260-62 dollars, and at 130.39-44 yen, down from 134.19-23 yen. (dpa)


Max Hypermarket sketches expansion plan worth Rs 100 crore

Max Hypermarket India Pvt. Ltd, an outcome of a license agreement between the Dubai-based Landmark Group’s Max hypermarkets India and Spar International, is planning an investment worth Rs 100 crore in developing supermarkets and hypermarkets in three southern States and Maharashtra by the end of year 2009.

According to reliable sources, the fresh investment will be for developing another four hypermarkets and supermarkets. The company has already spendt Rs 100 crore in developing one hypermarket and two supermarkets in Bangalore.

Apart from developing stores in Maharashtra, Max Hypermarket also plans to open such retail stores in Karnataka, Tamil Nadu and Andhra Pradesh.


Nasdaq-listed UTStarcom gets order worth Rs 300 crore from BSNL

Nasdaq-listed UTStarcom gets order worth Rs 300 crore from BSNLUTStarcom has bagged an order worth Rs 300 crore from Public sector telecom operator Bharat Sanchar Nigam Ltd. (BSNL) to roll out the broadband network, which will support 1.1 million subscribers.

The latest contract is the second phase of a countrywide network launched by BSNL in December 2007. UTStarcom has already deployed a network that supports 1.3 million broadband subscribers during the first phase of this project.


Egyptian government attempts to reassure investors

Egyptian government attempts to reassure investorsCairo- Egyptian ministers emphasized terms including "healthy," "safe" and "sound" to describe the local economy during a two-day Euromoney business conference in Cairo, which concluded Tuesday.

The theme that they conveyed was: "We are not worried."

As panic spreads in markets worldwide amid the international economic slowdown, the local officials laboured to reassure investors about Egypt as a place with ample opportunities.


International workshop on Advances in processing of Solid Propellant Rocket Motors to begin today

Pune, Oct 22: An International workshop on Advances in processing of Solid Propellant Rocket motors (IWAPS 2008) will be held at the High Energy Materials Research Laboratory 
(HEMRL) here today.

The two-day workshop is being organised as part of the Golden Jubilee celebration of Defence Research and Development Organisation (DRDO) and Centenary Celebrations of HEMRL.

The objective of the workshop is to bring eminent scientists and technologists from across the globe together on a common platform to discuss the advances in the field of solid propellant processing in order to meet the challenges ahead for advanced futuristic propulsion systems needed for high pay loads.


Tokyo stocks shed 3 per cent after US market dips

Tokyo  - Tokyo stocks shed the previous session's gains on Wednesday, tracking the US market's overnight losses.

The Nikkei 225 Stock Average dropped 290.94 points, or 3.13 per cent, to 9,015.31 after ending Tuesday's session up more than 3 per cent.

The broader Topix index of all first-section issues lost 30.74 points, or 3.21 per cent, to 925.9.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 100.20-25 yen, down from Tuesday's 5 pm quote of 101.20-22 yen.

The euro was quoted at 1.3005-10 dollars, down from Tuesday's 5 pm quote of 1.3260-62 dollars, and at 130.39-44 yen, down from 134.19-23 yen. (dpa)


Deora to meet oil firms and airlines to resolve fuel bill impasse today

Deora to meet oil firms and airlines to resolve fuel bill impasse todayNew Delhi, Oct. 22: Petroleum and Natural Gas Minister Murli Deora will meet with representatives of state-run oil companies and private airlines here today in a bid to resolve their dispute over unpaid fuel bills.

According to sources, Deora and Civil Aviation Minister Praful Patel have reportedly been asked by Prime Minister Dr. Manmohan Singh, who is currently away on an official visit to Japan and China, to resolve this issue at the earliest.


India's launches its first mission to the moon

New Delhi - India on Wednesday launched its first-ever mission to the moon, with the unmanned Chandrayaan-1 spacecraft blasting off from the Sriharikota spaceport in southern India on a two-year exploration.

The 44-metre tall Polar Satellite Launch Vehicle (PSLV C11) carrying the Chandrayaan probe lifted off at 0622 local time (0052 GMT) from the Satish Dhawan Space Centre in Sriharikota, 80 kilometres north of Chennai.

The Indian Space Research Organization said the launch and the performance of the rocket was going "perfectly."

The Chandrayaan, which means moon craft in Sanskrit, is on a 3.86- billion-rupee (79-million-dollar) mission.


Bajaj Allianz Life inks ‘Bancassurance pact’ with Rushikulya Gramya Bank

Bajaj Allianz Life inks ‘Bancassurance pact’ with Rushikulya Gramya BankRushikulya Gramya Bank (RGB), a premier Regional Rural Bank (RRB) of Orissa operating in Ganjam and Gajapati districts, has joined hands with Bajaj Allianz Life Insurance, India’s leading private life insurance company to provide life insurance solutions through its branches.

Under the arrangement, Rushikulya Gramya Bank will offer insurance products through its distribution network of over 79 branches, spread over in two districts.


US Defence chief Gates: "Dramatic" consequences without Iraq deal

US Defence chief Gates: "Dramatic" consequences without Iraq dealWashington - US Defense Secretary Robert Gates warned Tuesday of "pretty dramatic" consequences is a proposed agreement on the status of US forces in Iraq is not approved by Iraqi lawmakers before the end of the year.

He made the comment in an exclusive interview with three news outlets including the Bloomberg news agency at the Pentagon defence headquarters outside Washington.


Chandrayaan-1 launched successfully

Sriharikota (Andhra Pradesh), Oct 22 : Chandrayaan-1, India''s spacecraft mission to moon was launched today from the Satish Dhawan Space Centre (SDSC) in Sriharikota.

Indian Space Research Organisation (ISRO) Chairman Dr. G Madhavan Nair described it as a ‘historic’ moment for India.

According to scientists at the SDSC, it was a ''normal'' liftoff.

The spacecraft is carrying eleven payloads (scientific instruments) and weighs about 1,380 kg at the time of its launch. It was shaped like a cuboid with the solar panel projecting from one of its sides.

Of the eleven payloads, five are entirely designed and developed in India, three from European Space Agency, one from Bulgaria and two from the US.


Europe's first multi-cultural radio station to close

Berlin - It was Europe's first multi-cultural radio station and was given a flamboyant launch in 1994, with more than 2,000 guests swaying to African and Balkan music at its inaugural bash in Berlin's Congress Hall.

Transmitting in 21 languages, Radio Multikulti was aimed primarily at the capital's 430,000-strong foreign community. Its programme planners hoped it would help bring about better integration of foreigners in the city and create more respect for immigrant cultures.

"We want to find an audience which is curious, eager to lean towards something else, and learn something in the process," the station's music director Johannes Theurer said when it was launched.


Swing states shifting to Obama, but undecideds remain

Swing states shifting to Obama, but undecideds remainWashington - As a passionate, divisive, 20-month US election enters its final two weeks, Cara Tobias-Ingram remains one of the undecided voters who could determine whether Barack Obama or John McCain make it into the White House.

Economically conservative but socially liberal, Tobias-Ingram finds every US election hard to gauge. Her husband sits firmly in Republican McCain's camp. Her two sisters vouch for Democratic nominee Obama.

Tobias-Ingram, a native of Portland, Oregon, herself voted for Democrat Al Gore in 2000 but President George W Bush in 2004.


Last Horch found in Texas, returns home to Germany

Ingolstadt, Germany - The last one-off specimen of a 1953 Horch is currently being restored at the Audi museum in Ingolstadt after its discovery in Texas earlier this year.

The car was exhibited in unrestored condition at the Audi museum in July and August this year with its velvet seats slashed open, battered door trims and rusty exterior.

Built by hand for the last man at the helm of Auto Union, Dr Richard Bruhn, the chauffeur-driven limousine was based on a 1938 Horch 830 BL.


New Mazda 3 to debut at Los Angeles show

Los Angeles - Mazda will debut a fully redesigned version of its top selling compact Mazda 3 at the Los Angeles Motor Show next month, the Japanese car maker has announced.

Five years after its first launch, the 2010 model Mazda 3 has been refined with more dynamic design features such as pronounced fenders and angular headlights.

Mazda also claims improved fuel economy and a quieter ride compared to the predecessor model.

After the world debut of the U. S. Specification sedan fitted with 2 and 2.5-litre engines, the five-door hatchback will be unveiled in line with the company's global sales schedule, the car maker announced.


Renault to offer electric cars in France by 2011

Renault to offer electric cars in France by 2011Paris - Renault and Nissan are planning to mass produce electric-drive cars for the French market by 2011 with the car maker signing a memorandum of understanding with the electricity producer EDF to develop supporting battery recharging infra-structure.

Until January 2010, the partners will study all the necessary technical and other requirements to supply "high-performance and affordable electric vehicles" by 2011, Renault CEO Carlos Ghosn announced.


New Ford Mustang to be unveiled at LA Show

Dearborn, U. S. - Ford has revealed small details of the 2010 model Ford Mustang that it is planning to unveil at the Los Angeles Motor Show next month.

Teaser images released by Ford reveal exterior modifications to the front, rear flank and wheels. The dashboard gets a new instrument cluster with revised gauges, as well as new vents and glove box. The famous badge, depicting a pony, has also been redesigned with a more dynamic and edgy appearance.

Previous spy shots revealed a deeper grille than the previous model, new headlights and a lowered bumper with Ford retaining the basic unmistakeable rectangular Mustang shape that has been a hallmark since it was first launched in 1964.


Tamil rebels launch suicide attack on ships off Sri Lanka

Tamil rebels launch suicide attack on ships off Sri LankaColombo - Tamil rebels launched a suicide attack on two merchant ships off a harbour in northern Sri Lanka causing considerable damage to the hull of one of the ships Wednesday morning, the Defence Ministry said.

The ships, carrying essential supplies for civilians in the north. came under attack off Kankesanthurai harbour, 410 kilometres north of the capital.

Navy spokesman Commander DKP Dassanayke said that three LTTE suicide vessels came for the attack and one of the boats exploded close to the merchant ship Nilwala causing damage.


Asia-Europe leaders to tackle finance, climate change

Beijing - This week's largest ever gathering of Asian and European leaders was planned to focus on efforts to combat climate change and promote sustainable development, but those efforts now look likely to be overshadowed by the need to respond to the global financial turmoil.

Talks on the financial crisis are expected to be "very intense" between leaders of the 27 European and 16 Asian nations at the seventh biannual Asia-Europe Meeting (ASEM) in Beijing, Serge Abou, the EU ambassador to China, told reporters.

"The main thing is to come out with strong and united messages conveying confidence," Herve Ladsous, the French ambassador to China, said of the talks on global finance.


New Nissan 370Z to be showcased in Los Angeles

Nissan 370ZLos Angeles - Nissan is expected to showcase its new 370Z at the Los Angeles Motor Show next month with spy shots revealing a shorter and more aggressive styling than the 350Z and an overhauled interior.

According to several reports, it will get the 3.7-litre V6 motor from the Infiniti G37 with an output of 330 hp mated to a seven-speed automatic gearbox.

Spy pics reveal a sharp roofline, new front and rear, wide wheel arches and steep windscreen.


Car makers ride the green wave

Hamburg - Major car makers are falling over each other with announcements of plans to produce zero-emission electric drive and fuel-saving hybrid vehicles with experts agreeing that demand for such vehicles is so high that the industry will probably not be able to meet it fully in the coming years.

All the big car makers had an electric-drive vehicle on show including the French, Japanese, German and U. S. manufacturers, at the recent Paris Motor Show. After spending decades in the backyards of hobby mechanics the electric car is becoming a realistic alternative, triggered by a leap in lithium-ion battery technology that is lighter and more compact than the heavy nickel-cadmium version.


Recession fears trump inflation worries in Australia

Recession fears trump inflation worries in AustraliaSydney - Despite inflation rising to its fastest pace since 1995, interest rates are likely to fall again before the end of the year because the Reserve Bank of Australia (RBA) is more worried about slowing growth than rising prices, economists said Wednesday.

The consumer price index (CPI) rose 1.2 per cent in the September quarter, taking the annualized inflation rate to 5 per cent from 4.5 per cent in the year to June.


India's launches its first mission to the moon

New Delhi - India on Wednesday launched its first mission to the moon with a "perfect" lift-off of the unmanned Chandrayaan-1 spacecraft, placing the country among a select group of nations that have sent lunar missions.

The 44-metre tall Polar Satellite Launch Vehicle (PSLV C11)rocket carrying the Chandrayaan probe lifted off at 0622 local time (0052 GMT) from the Satish Dhawan Space Centre in Sriharikota, 
80 kilometres north of the southern Chennai city.

The Indian Space Research Organization chief G Madhavan Nair described it as a "historic moment."


Nepal government warns of use of force against armed rebel groups

Nepal government warns of use of force against armed rebel groupsKathmandu - Nepal's government has warned dozens of armed rebels groups to take up the offer of peace talks or face the consequences, media reports said Wednesday.

Home Minister Bam Dev Gautam said the government would use force to disarm the rebel groups if they do not take up the offer of peace talks, Kantipur newspaper reported.

The warning came less than a month after the government invited dozens of rebel groups in southern and eastern Nepal to start negotiations to end violence that has claimed hundreds of lives in the past two years.


For Obama: 'It's the network, stupid!'

For Obama: 'It's the network, stupid!'San Francisco - If anyone still questioned the power of the internet to play a key role in the general elections, the recent fundraising figures touted by Barack Obama should put all doubts to rest.

The Democratic presidential nominee raised a staggering 150 million dollars in September - most of which came from small donors who gave less than 100 dollars each through Obama's website.


Indonesian president leaves for China

Jakarta - Indonesian President Susilo Bambang Yudhoyono left Jakarta on Wednesday morning for Beijing to make a five-day official visit to China, where he will attend the 7th Asia-Europe Meeting (ASEM).

Yudhoyono, accompanied by his wife Ani Yudhoyono, and a number of cabinet ministers, including Foreign Minister Hassan Wirajuda, Trade Minister Mari Elka Pangestu, State Minister for Environment Rachmat Witoelar and Energy Minister Purnomo Yusgiantoro.


Bank of Japan provides 50.17 billion dollars in unlimited supply

Bank of Japan provides 50.17 billion dollars in unlimited supplyTokyo - Japan's central bank has supplied 50.17 billion dollars in its first unlimited dollar-supplying money market operation, the bank said Wednesday.

The Bank of Japan's move to lend dollar funds at a fixed rate for one month was intended to ease the stress in the short-term money markets.


Six killed in clashes in southern Philippines

Six killed in clashes in southern PhilippinesCotabato City, Philippines - Four Muslim rebels, one soldier and one pro-government militiaman were killed in clashes in the southern Philippines, a regional army chief said Wednesday.

Major General Raymundo Ferrer said four Moro Islamic Liberation Front (MILF) guerrillas and one pro-government militiaman were killed Tuesday in fierce fighting in Datu Piang town in Maguindanao province, 960 kilometres south of Manila.

Ferrer said a soldier was also killed Tuesday in a clash with a separate group of MILF rebels in nearby Mamasapano town, also in Maguindanao.


Judith Miller Joins Fox News Channel

Judith Miller, who worked with New York Times and was ordered 85 days imprisonment for contempt of court, has joined Fox News Channel.

He had won a Pulitzer Prize in 2002 for Explanatory Reporting about terrorism. Miller is also attached with the Manhattan Institute.

She has been assigned the task of an analyst on security and international affairs in the Fox News. She would also write for FoxNews.com

Before this she worked as a reporter for New York Times for 25 years. She served 85 days of imprisonment in 2005 as she refused to reveal the name of a confidential source to federal grand jury investigating Plame’s unmasking as a CIA operative.


Gisele Bundchen looking to tie knot with Tom Brady

Gisele Bundchen looking to tie knot with Tom BradyRumors are afloat that slinky supermodel Gisele Bundchen is tying knot with American football star Tom Brady. The superstar and her hunky Patriots quarterback boyfriend are planning a wedding reception at Tavern on the Green in New York's Central Park.

Both the stars had highly publicized breakups with their former dates. The Brazilian beauty broke up with Leonardo DiCaprio whereas Brady broke up with actress Bridget Moynahan. Bridget was expecting at the time of breakup and Brady already had a one year old child from the relationship.


PM says Chandrayaan-1 launch a "historic milestone" in India''s space programme

Tokyo, Oct 22 : On the successful launch of Chandrayaan-1, India''s spacecraft mission to moon, Prime Minister Dr. Manmohan Singh today said that it marked the first step in India''s space programme, and also described it as a "historic milestone".

Singh, who is presently on an official visit to Japan, congratulated all the scientists associated with this mission for the successful completion of the first step.

"When completed, the mission will put India in the very small group of six countries which have thus far sent space missions to the moon. Our scientific community has once again done the country proud and the entire nation salutes them," Dr. Singh said.


McCain and Sarah Palin compared to Nazis

‘Family Guy’, an animated comedy by Fox compared McCain and Palin to Nazis. Brian, Stewie and Mort Goldman, the characters in the comedy are regress into the Nazi Germany. In their effort to blend, they wear uniforms of the Third Reich. One of these has a McCain/Palin button pinned to the lapel.

Ever since the show has been its telecast, Fox has received "a few" calls from disgruntled viewers and voters who objected to the portrayal of the two Republicans..

‘Family Guy’ has become infamous for the ridiculing Republican party. The show never misses an opportunity to degrade the Republicans.


President Pratibha Patil to visit Meghalaya today

President Pratibha Patil to visit Meghalaya todayShillong, Oct 22 : President Pratibha Patil will arrive in Meghalaya today to attend the centenary celebration of the Laban Bengali Girls Higher Secondary School.

During her visit, President Patil is also scheduled to inaugurate the Baljek Airport in West Garo Hills district of Meghalaya.

The President is arriving here after completing her three-day visit to Assam, where she laid the foundation stone of the Tezpur Medical College in Sonitpur District.


New Zealand's APN Media reviewing operations

Wellington - New Zealand's APN News and Media Limited, publisher of the country's biggest newspaper, the New Zealand Herald, told staff Wednesday that it was reviewing its operations in reaction to flow-on effects of the economic downturn, a news report said.

The company, which also publishes seven provincial newspapers, the New Zealand Women's Weekly and The Listener, made the announcement to staff, Radio New Zealand reported.

Chief executive Martin Simons said the review and consultation process would affect a small number of staff across the whole company, the report said.


Super Talent Launches ‘Luxio™ 64GB USB Drives’ In Market

Super Talent Technology Corporation, a top maker of Flash storage solutions and DRAM memory modules, has made announcement about the launching of a new family of high performance, feature rich Luxio USB drives in capacities up to 64GB.
 
A 64GB Luxio drive can store up as many as 20,000 six megapixel photos or 16,000 MP3 songs.

Moreover, Luxio drives are housed in a sleek 21 x 76 x 10 mm UV coated ABS/PC case with chrome plated zinc trim. All models contain advanced AES-256 hardware encryption as a standard feature for quick, convenient data security.

Available in three different colors including black, silver and wood grain, Luxio drives are packaged in an stylish gift box and also include a custom made black leather carrying case.


Militants in Pak planning to kidnap foreign diplomats

Militants in Pak planning to kidnap foreign diplomatsIslamabad, Oct 22 : Pakistan security agencies fear that militants were planning to kidnap high-profile diplomats. The threat was conveyed by an intelligence agency to the country’s police authorities in the form of ‘highly classified information’ with instructions to enhance security and inform the relevant embassies about the nature of the threat.


Arkansas Television Anchor found suffering from life-threatening injuries

Anne Pressly, a popular TV anchorwoman who also has a small had a role in Bush”W”, was found injured in her home.

Anne was in critical condition when she was found at 4.30 am on Monday.  Pressly’s mother discovered her in the horrific state. When Pressly did not answer her mother’s wake up call, she went to the anchorwoman’s house, much to her horror.

Little Rock police spokeswoman Sgt. Cassandra Davis said investigators are questioning Pressly's co-workers to come to a conclusion if she "has had any problems." He elaborated that since Pressly’s purse was missing, robbery could not be ruled out as the major motive. However, he refused to delve into the details of the matter.


Shadow minister apologizes for remarks about migrant workers

Wellington - The man who could be New Zealand's next immigration minister was dubbed racist on Wednesday for remarks about Asian and Pacific island migrant workers in the country's orchards and vineyards.

Lockwood Smith, immigration spokesman for the opposition conservative National Party, which is favoured in next month's general election, said that Asian workers were more productive "because their hands are smaller" and Pacific islanders had to be taught how to use toilets and showers.

Smith, who was campaigning Tuesday in the vineyard and fruit- producing province of Marlborough, issued a statement regretting that his comments had caused offence but claiming he was reported out of context.


C V Sridhar Leaves His Legacy Behind

C V Sridhar Leaves His Legacy BehindIt’s a big loss to the Tamil Film Industry, famous film maker CV Sridhar who was 73 years old died at Chennai Malar Hospital, where he was admitted last week on being fallen seriously ill. It was reported that the film maker suffered a stroke few years back.


Gillian Anderson blessed with baby boy

Gillian Anderson and her boyfriend, Mark Griffiths have been blessed with a baby boy. Felix is the second child for Anderson, 40, with Griffiths, joining their 1-year-old son Oscar. Anderson also has a 13-year-old daughter, Piper, from a previous marriage.

As disclosed by Kelly Bush, Gillian’s representative. The baby has been christened Felix Griffiths. AT the time of birth, t he baby weighed 6lbs,15oz.

Anderson already has a 1-year-old son named Oscar.  She  has a 13-year-old daughter, Piper, from a previous marriage.

Anderson’s pregnancy was confirmed to E! in early June by her representative.


Gamma Waves in infants’ brains key to cognitive and language development

Washington, October 22 : Scientists at Rutgers University in Newark say that gamma wave activity in the brains of infants may be the key to the development of cognitive and language abilities during the first 36 months of life.

“Research into the adult brain has shown that gamma activity is the ‘glue’ that binds together perceptions, thoughts and memories. Little research, however, has been conducted into the development of gamma activity in the infant brain and its possible connection to cognitive and language skills,” says study leader April Benasich, a professor of neuroscience.


Small African traders not immune from global crisis

Nairobi - It has been a tough year for Peter Kinywa, a trader in one of Nairobi's touristy Masai markets.

Business has plummeted as tourists stay away from Kenya following the bloody post-election chaos early this year, and soaring food and fuel prices have put more pressure on his dwindling budget.

Yet the misery looks set to continue for Peter, 45, and others like him as the effects of the global credit crisis begin to trickle also into Africa.

Africa's economy has so far remained relatively unscathed by the global financial meltdown, largely due to its limited exposure to global markets.

But Africa's economies are not immune, only isolated, and Kinywa says he is already beginning to feel the pinch.


'Globally loved' Obama is 'enemy of Muslims' for Pak college students

'Globally loved' Obama is 'enemy of Muslims' for Pak college studentsLahore, Oct 22 : Students in Pakistan’s top universities in Lahore are of the opinion that Democratic presidential nominee Barack Obama is ‘too aggressive’, ‘irresponsible’ and an ‘enemy of Muslims’. They said that his declared policy toward insurgency-plagued areas would “make a bad situation worse”, said a report in the Washington Times.

Obama has often repeated in his election campaign that he would authorise US forces to enter Pakistani territory to hunt down the Taliban and Al Qaeda.


In crisis, Polish workers abroad feel the pull of home

Warsaw - Michal Sikorski senses the fear in his dwindling community of Polish workers in Iceland as the global financial crisis spreads.

Once drawn in by Iceland's construction and service industries, Poles left by the hundreds in recent weeks as work dried up. Then, the country's financial collapse threatened to wipe out the money they had made in search of a better life.

"People are afraid they'll lose their savings," said Sikorski, a diplomat at the Polish consulate in Reykjavik. "In Poland, maybe they'll earn a bit less but at least they will be with family, in their country."


Hitler ''led henchmen'' in Kristallnacht riots

London, Oct. 22 : Before becoming the undisputed dictator of Germany, Adolf Hitler marched his henchmen onto the streets of Munich to perpetrate the atrocity that became known as Kristallnact.

Newly deciphered passages from the diaries of Josef Goebbels show that on the night of November 9, 1938, the Fuhrer led Nazis to destroy an important synagogue, and deliberately throwing a match into a tinderbox.

That Nazi-era pogrom was prompted by the murder of German diplomat Ernst vom Rath in Paris on November 7, 1938 by Jewish teenager Herschel Grynszpan.

The pogrom has gone down in history as the “Night of the Broken Glass”.


Nosheen To Represent Pakistan In ‘Miss Earth Pageant 2008’

Nosheen To Represent Pakistan In ‘Miss Earth Pageant 2008’Nosheen Idrees, the 22 year old from Jhelum Pakistan, will be representing ‘Pakistan’ in the Miss Earth pageant.

A student of communications at the University of Sheffield, Miss Idrees was crowned the third runner up for the Miss Pakistan World pageant on the 23rd of May 2008.

Nosheen expects to bring back a title, which can place Pakistan as a country that has the most beautiful women all through the world.


J-K DGP says extra forces to be deployed during Assembly polls

J-K DGP says extra forces to be deployed during Assembly pollsSrinagar, Oct 22 : Jammu and Kashmir Director General of Police Kuldeep Khuda has said that extra security would be deployed for the seven-phase polls in the state beginning November 17.

"We are expected to get the required forces in time. They will be deployed as per the requirement. Different strength of forces will be required in different phases," said Kuldeep Khuda, Director General of Police.

Separatist leaders have threatened to boycott any state election and plan to hold protests during the elections.


Santander chief Botin rides high on the crisis

Madrid - While world leaders have fretted over a financial crisis that seemed to bring the global economy to the verge of collapse, Emilio Botin has kept his calm.

"Crisis? Who is in crisis?" the president of the Spanish banking giant Santander, whose capacity to weather the turmoil has impressed the world, asked in July.

"Not Santander," Botin answered his own question. "The crisis is like a child's fever. It starts very strong, then goes down."

Last week, the 74-year-old veteran banker spoke about the crisis with more concern, but dismissed talk of it originating in the United States or in subprime mortgages.


No IT job cuts or bank lendings in India: Business honchos

Tokyo, Oct 22: The recent lay offs in the aviation sector and the buzz of a slump in the IT sector, have sent shivers down the backs of the working class, but Nandan Nilekani, co-chairman and co-founder of the Bangalore-based Infosys Ltd. told ANI there is no need to worry.

"We have already said the growth will be lowered at Infosys. We have lowered the guidance of the year of 13 to 15 per cent, but part of that is cross currency. But fundamentally, I think, there is growth and there will be jobs in the industry," Nandan said.


John Kerry criticized for McCain adult diapers joke

John Kerry criticized for McCain adult diapers jokeNew York, Oct. 22 : Massachusetts Democrat Senator and former presidential candidate John Kerry has been roundly criticized for implying that Republican presidential candidate John McCain wears adult diapers.

The one-liner came during a speech at a business summit in Cambridge, Massachusetts, Monday, when Kerry railed on the media for its election coverage.


Corals can breed themselves out of a one-way trip to extinction

Washington, Oct 22: A new research has suggested that faced with a dire shortage of mates of their own kind, corals may be able to cross-breed with certain other coral species to breed themselves out of a one-way trip to extinction.

This finding, released by scientists at the ARC Centre of Excellence for Coral Reef Studies, has raised hopes for the ability of the world’s corals to withstand the rigors of changing climates and human impacts.

According to lead author Zoe Richards, coral reefs worldwide face a variety of marine and land-based threats and hundreds of corals are now on the red list of threatened species.


Sarah Palin apologises for ''real America'' comment

Sarah Palin apologises for ''real America'' commentReno (Nevada, US), Oct. 22 : Alaska Governor and Republican vice-presidential candidate Sarah Palin apologized Tuesday for suggesting some parts of America are more patriotic than others.

In an interview with CNN, Palin said she was referring to the "inspiring" patriotism she''s seen on the campaign trail.

"I say that this is true America. You get it, you understand how important it is that in the next four years we have a leader who will fight for you," Palin said.


'Osama video tape can influence American voters’ minds this election too'

'Osama video tape can influence American voters’ minds this election too'Lahore, Oct 22 : A report published in the Boston Globe has said that like in the previous (2004) US presidential elections, Al Qaeda chief Osama bin Laden might once influence American voters’ minds if he releases a video now. In the last polls, Laden had injected himself into the campaign at the penultimate moment by releasing a nearly 15-minute videotape just four days before America went to the polls, said the report.


‘Blind’ moles have retained the basics of vision

London, October 22: Moles can no longer open their eyelids after adapting to an underground lifestyle, but they have still managed to retain the basics of vision, according to a new study.

"What we think we''re seeing in the mole is the very start of a breakdown in the eye. I think the moles would have no problem seeing light and dark," New Scientist magazine quoted Martin Collinson, a developmental biologist at the University of Aberdeen, UK, as saying.

For their research, Collinson and his colleague David Carmona studied eye development in Iberian moles, whose eyelids are glued shut thanks to their adaptation to subterranean life.


Obama-Biden team gained significantly from debates: CBS/NYT poll

Obama-Biden team gained significantly from debates: CBS/NYT pollNew York, Oct. 22: The standing of the Democratic presidential ticket of Barack Obama and Joe Biden improved during the three presidential debates and the vice presidential debate, a new CBS News/New York Times poll shows.

In a poll taken just before the first presidential debate, the Obama-Biden ticket held a five point edge, with 48 percent of likely voters backing the Democratic ticket and 43 percent supporting the Republican ticket of John McCain and Sarah Palin.


President congratulates successful launch of Chandrayaan-1

President Pratibha PatilNew Delhi, Oct 22: President Pratibha Patil today congratulated G. Madhavan Nair and his team at the Indian Space Research Organisation (ISRO) for the successful launch of Chandrayaan-1.

In a message to Nair from Guwahati, the President said, "Congratulations to you and your team at the ISRO for the successful launch of Chandrayaan-1 which is now on its journey to the Moon. This day shall go down as a landmark in our space programme, a day which will inspire our space scientists to further work on our mission to put an Indian astronaut into space using an Indian space capsule."


Sarah Palin slams Obama for his ‘hot pursuit policy’ on Pak

Sarah Palin slams Obama for his ‘hot pursuit policy’ on PakWashington, Oct 22 : Republican vice presidential candidate Sarah Palin has reportedly launched a fresh attack on Democratic presidential nominee Barack Obama, saying that his hot pursuit policy of sending troops into Pakistan in search of Al Qaeda and Taliban militants “could spark an international crisis”.

She also criticized Bush for showing his support for former Pakistani dictator-turned-President Pervez Musharraf.


Scientists successfully enhance mice's immune system attacks on cancer

Washington, Oct 22: Using multiple tactics to boost both innate and adaptive immunity in mice, scientists at Scripps Research Department of Immunology have successfully enhanced their body''s ability to fight cancer.

The researchers hope that their work may pave the way for developing new human immunotherapy.

"The problem with cancer is that it becomes part of what the immune system identifies as ''self'' and there are ways the body learns to tolerate ''self'' to prevent immune attack. Hitting it with these new tools basically gets the immune system to pay attention to the cancer, and go after it," said the study''s senior investigator, Dr. Linda Sherman.


Australian stocks give back gains

Australian stocks give back gainsSydney - Investors deserted Australian stocks Wednesday in response to a fall on Wall Street.

The ASX 200 lost 146 points, or 3.3 per cent, to 4,146.

Bell Potter Securities analyst James Waggett said the most interesting moves were from the giant miners BHP Billiton Ltd and Rio Tinto Ltd, the latter a takeover target for the former.

While BHP lost almost 5 per cent, Rio was up almost 7 per cent, indicating that traders were factoring in a greater likelihood that BHP would succeed with its hostile merger.


China's Hu hopes US financial measures provide stability

Beijing - Chinese President Hu Jintao spoke to his US counterpart George W Bush, expressing hope that US efforts would help curb the global financial crisis, state media reported Wednesday.

The Chinese leader and Bush also discussed planned international financial summits and ways to strengthen international cooperation to stabilise financial markets in their Tuesday phone call.

Hu hoped that US measures to rein in the crisis "would take effect as soon as possible, restore investor confidence and prevent further expansion of the crisis," Xinhua news agency reported.

"The measures are conducive to the stability of the world economy and financial markets," Hu added, according to Xinhua.


L K Advani hails scientists efforts over Chandrayaan-1's launch

Senior BJP leader L K AdvaniNew Delhi, Oct 22: Hailing the efforts of scientists over the successful launch of of Chandrayaan-1, India's spacecraft mission to moon, Senior BJP leader L K Advani today described it is a "historic moment" for India.

"I feel that the successful launch of Chandrayaan is a historic moment for India. I am happy to know about it. "It is a matter of time... we will send Indian astronauts to moon," said the Leader of Opposition in Lok Sabha.

The project was sanctioned by the then NDA Government led by Atal Bihari Vajpayee in 2003. (ANI)


Spice S-580 Music Phone Launched In India @ Rs 2,249

Spice S-580 Music Phone Launched In India @ Rs 2,249Spice Mobiles has launched its latest slim and stylish musical handset, named Spice S-580 in the Indian market.

The unique feature of this candy bar phone is the Dazzle Ring-tone, which lets users to listen a fresh ring tone every time they receive a call. Using this feature, the handset shuffles and selects a ring tone from the list of 10 user-selected ring tones for every new call.


Current mass extinction spurs major study of which species to save

Washington, Oct 22: The Earth is in the midst of the sixth mass extinction of both plants and animals, which has spurred a study by biologists at UC (University of California) Santa Barbara, to determine which species must be saved.

“The current extinction event is due to human activity, paving the planet, creating pollution, many of the things that we are doing today,” said co-author Bradley J. Cardinale, assistant professor of ecology, evolution and marine biology (EEMB) at UC Santa Barbara.

“The Earth might well lose half of its species in our lifetime. We want to know which ones deserve the highest priority for conservation,” he added.


Zardari calls for Pak civilian leaders’ role in fighting out terrorism

Pakistan President Asif Ali ZardariIslamabad, Oct 22: Pakistan President Asif Ali Zardari urged civil and political leaders to confront the war on terror, saying that the military and security agencies “could not be left alone to fight the war”.

“This is total war and should be fought in totality, and on multiple fronts,” he told participants of a top-level meeting on the FATA and NWFP security situation at the President’s House.


eBay will ban ivory sale from January 2009

London, Oct 22 : The global Internet auction site eBay has announced that from January 2009, it will ban the sale of ivory from all its 39 websites worldwide.

According to a report in New Scientist, the move was prompted by a report exposing the scale of potentially illegal Internet trade in wildlife products, especially ivory.

Although eBay introduced a ban in June 2007 on sales of ivory between countries, transactions involving ivory have continued, according to ‘Killing with Keystrokes’, a report by the Fund for Animal Welfare.


China hails opening up of Indo-Pak trade after 60 years

Beijing, Oct 22: China has reportedly hailed the opening up of bilateral trade between India and Pakistan through two road routes after 60 years, saying that the two countries would work harder to promote bilateral relations.

“China is a neighbour and friend of both Pakistan and India,” said Chinese Foreign Ministry spokesman Qin Gang during a press briefing in Beijing here last evening.

On the occasion, Gang also said that Beijing would continue to co-operate with Pakistan in its endeavour in the civilian nuclear energy field. “I have repeated on many occasions that we have sound co-operation and relations with Pakistan. We would like to continue this co-operation on the basis of equality and mutual benefit.”


India's shares drop 4 per cent on weak global cues

India's shares drop 4 per cent on weak global cues New Delhi - Indian equities slid 4 per cent in early trade Wednesday on fresh selling by funds and investors tracking weak global cues.

The benchmark Sensex which remained firm in the last two trading sessions and gained 460 points on Tuesday, dropped to 10,255.38 points, down 4 per cent at 11:15 am (0545 GMT).

Similarly, broader 50-share Nifty index fell 127.25 points to 3,107.65 points, a loss of 3.93 per cent.

Market analysts said trading sentiments were dampened by the weakening trends in global markets including the bourses in the United States. (dpa)


After Sunday, Rohit Shetty Is Back With Golmaal Returns!

After Sunday, Rohit Shetty Is Back With Golmaal Returns!The young able director Rohit Shetty is all set for the release of his upcoming film "Golmaal returns," a comedy movie, the sequel to "Golmaal".

The film cast includes Ajay Devgan, Arshad Warsi, Shreyas Talpade, Tusshar Kapoor, Kareena Kapoor, Anjana Sukhani, Amrita Arora and Celina Jaitley.

The film revolves around the story of a housewife (played by Kareena Kapoor) who is addicted to soap opera serials.


Dinos may not have been the first great migrators

Washington, Oct 22 : A new study has suggested that contrary to popular belief, polar dinosaurs may not have traveled nearly as far as originally thought when making their bi-annual migration, which questions dinosaurs as being truly the first great migrators.

University of Alberta researchers Phil Bell and Eric Snively undertook the study.

Bell and Snively have suggested that while some dinosaurs may have migrated during the winter season, their range was significantly less than previously thought, which means their treks were shorter.

The idea that these animals may have traveled distances nine times further than mule deer or four times those of wildebeest would have made them the greatest migrators in history.


SEBI warns of stern action against lending shares overseas

SEBI would take strict actions against illegal overseas lending and borrowing of Indian securities by FIIs. The regulatory body said in a release that it would not allow the overseas lending and borrowing activity of FIIs as it is not in the favor of cash market in India. It would give a vigil watch to such activities and may take more measures to deal with the lending/borrowing by FIIs.

The security and exchange board of India already asked FIIs to provide details of sub accounts and securities held by them. The detail would be available on the website of SEBI.


McCain will fight till end, as Republicans face major identity crisis: Washington Post

McCain will fight till end, as Republicans face major identity crisis: Washington PostWashington, Oct. 22 : Republican presidential candidate John McCain will fight the 2008 election to the end, though his path will be difficult.

According to a Washington Post analysis, McCain still has a fortnight left to try to change the trajectory of the race. The paper also predicts that unexpected things can happen in the remaining days, though the GOP’s future is almost certain to be different to what it has been the last decade.


WWF Report: Global Warming Taking Place At Faster Pace Than Thought

WWF Report: Global Warming Taking Place At Faster Pace Than Thought A very astonishing piece of information has been put forward by the latest report of WWF that climate change is taking place at a much faster speed than thought by the scientific organizations. It is quite likely that if in case this is not treated on a global scale, then it will definitely have adverse effects on mankind.


Climate change leading to increase in tiger attacks in Sundarban islands

London, Oct 22 : Conservation experts have said that the number of tiger attacks on people is growing in India’s Sundarban islands as habitat loss and dwindling prey caused by climate change drives them to prowl into villages for food.

The Sundarbans, a 26,000 sq km area of low-lying swamps on India’s border with Bangladesh, is dotted with hundreds of small islands criss-crossed by water channels.

According to a report in New Scientist, wildlife experts said that endangered tigers in the world’s largest reserve are turning on humans because rising sea levels and coastal erosion are steadily shrinking the tigers’ natural habitat.


Sarah Palin got 150,000 dollar Republican Party spruce up

Sarah Palin got 150,000 dollar Republican Party spruce upWashington, Oct. 22 : The Republican National Committee (RNC) is reported to have spent over 150,000 dollars sprucing up Sarah Palin''s appearance

According to a report by the web site Politico, the wardrobe makeover began in September and included bills from Sak''s Fifth Avenue in St. Louis and New York totaling nearly 50,000 dollars, a 75,000 dollar shopping trip at Neiman Marcus in Minneapolis in September and 4,700 dollars spent on hair and makeup.


RBI cuts repo rate to ease liquidity

The government is taking various steps to ease the liquidity situation in the country. Now, the Reserve Bank of India (RBI) cuts rapo rates after successive cuts in the cash reserve ratio (CRR). The apex bank slashed rapo rates by 100 basis points. This is the step against the tight monetary policy adopted by the central bank. It is the first ever reduction in the rapo rates after March 2004. Rapo rates now stands at 8 percent.

The banks also started to slash the interest rates for consumers after revision of rapo rates. The fifth-largest state-owned bank, Union Bank of India reduced interest rates on home loan by 50 basis points up to a loan Rs 30 lakh.


60% Of British Kids See Disturbing Images On Net – A Survey

60% Of British Kids See Disturbing Images On Net – A SurveyAccording to a new survey, 60% of British kids have seen disturbing images on the internet, which has actually raised concerns over the exposure of kids to the unsuitable material on net.

Keeping this thing in mind; the National Society for the Prevention of Cruelty to Children (NSPCC) advices that new computers should be equipped with carry high-security “blocking” software; which could stop them from surfing through aggressive or vulgar material available over the vast world of Internet.
 


McCain garners 68 percent of U.S. troop vote, Obama has 23 percent

McCain garners 68 percent of U.S. troop vote, Obama has 23 percentWashington, Oct. 22: A Military Times poll indicates landslide support for Republican presidential candidate John McCain.

While McCain has captured 68 percent of the military vote, his Democratic rival Barack Obama has 23 percent.

The Military Times, which publishes the Army Times, Navy Times, Marine Corps Times and Air Force Times, polled 80,000 subscribers from September 22 to September 29.

The non-scientific survey gathered 4,300 respondents -- all of them registered and eligible to vote.


Nikkei plunges nearly 7 per cent on grim earnings outlook

Nikkei plunges nearly 7 per cent on grim earnings outlook Tokyo - Tokyo stocks plunged Wednesday as investors worried about the grim outlook for Japanese firms' earnings.

The Nikkei 225 Stock Average tumbled 631.56 points, or 6.79 per cent, to end 8,674.69.

The broader Topix index of all first-section issues also lost 67.41 points, or 7.05 per cent, to 889.23.

Japan's automaker Mitsubishi Motors Corp expected a 7.6-per-cent fall in sales in the year's first six months through September due to slowing demand in the United States and Europe, the company said.


IBEX Functioning Perfectly, Says NASA

IBEX Functioning Perfectly; Says NASAThe system abroad the IBEX, which was launched yesterday to study and click images of the edge of the solar system, is being remotely tested by the NASA engineers. It is indeed good news for everyone at NASA, that the computer onboard the spacecraft that was released from a Pegasus rocket on Sunday, is already up and functioning efficiently with its batteries fully charged.


McCain, Palin use Biden's 'Crisis' prediction to question Obama

McCain, Palin use Biden's 'Crisis' prediction to question ObamaHarrisburg (Pennsylvania, US), Oct. 22 : Republican running mates John McCain and Sarah Palin have once again questioned Barack Obama''s readiness to lead the country in the wake of the latter’s running mate Joe Biden saying that Obama would face a "generated crisis."

"We don''t want a president who invites testing from the world at a time when our economy is in crisis and Americans are already fighting in two wars," McCain said Tuesday in Harrisburg, Pennyslyvania.


Jet Airways, Kingfisher Want To Get Tax Relief

Jet Airways, Kingfisher Want To Get Tax Relief The increasing problems for the Indian Carriers due to rising expenses, especially the rise in aviation fuel recently initiated an unwanted episode of firing of employees.

Following this, the owner of Kingfisher, Vijay Mallya approached the Parliament and Naresh Goyal of Jet Airways knocked the door of finance minister P Chidambaram with the aim to get tax relief for airlines.

“Job cuts and layoffs coupled with high aviation turbine fuel (ATF) prices and larger taxes can affect in the number of flights which is likely to go down,” reported Mallya.


Global slowdown can marginally hit Indian sector

National Association of Software and Service Companies (Nasscom) said that global slowdown would affect Indian IT world in indirect manner. Indian information technology and business process outsourcing (BPO) companies are vulnerable to a short term impact of world financial crisis. The IT companies have started to slowdown their decision making activities. They are investing and spending very carefully. But Indian companies are still hiring the employees and confident to restore the normalcy very soon.


Nvidia Unveils Desktop Version Of MacBook Graphics Chip

Nvidia Unveils Desktop Version Of MacBook Graphics ChipOn Monday, Nvidia unveiled two motherboard graphics processors that included the desktop version of the integrated GPU in the latest Apple MacBooks.

The processors dubbed as the GeForce 9400 and 9300 are created for the Intel platform.

Nvidia explained, “The 16-core chips enable mainstream PC users to play the latest PC games and play high-definition Blu-ray video.”

It was also learnt that the 9400 is actually the desktop version of the 9400m.


Methane gas confirmed on Mars

London, Oct 22 : A scientist has claimed to have found concrete evidence that confirms the detection of methane gas on Mars and also identifies key sources of the gas.

The scientist in question is Michael Mumma, of NASA’s Goddard Space Flight Center in Greenbelt, Maryland, US.

While on Earth, methane is mostly biological in origin, on Mars, it could signal microbes living deep underground.

According to a report in Nature News, the latest work suggests that Martian methane is concentrated in both space and time.

At a handful of hotspots hundreds of kilometers across, plumes of methane bloom and dissipate in less than a year.


Finally, Ranbaxy becomes part of Daiichi Sankyo

Japanese drug major, Daiichi Sankyo has completely acquired 52.5 per cent equity stake in India's Ranbaxy Laboratories. The process is carried out through off-market and stock exchange transactions. Ranbaxy Laboratories is the largest pharmaceutical company of the country. It has become the subsidiary of Daiichi Sankyo after acquisition of majority shares. The deal worth Rs 19,850 crore was initiated in June this year. It would enable Daiichi to use the generic expertise of Raanbaxy.


Shares of sugar companies fall as UP hikes price

The shares of major sugar companies witnessed a steep downfall on Bombay stock exchange on Monday trading. The shares of Bajaj Hindustan Ltd declined Rs 5.6 and closed at 53.50. The company is the biggest refiner by sale of the country. Balrampur Chini Mills Ltd. also saw share decline of 12% which is the lowest since December 2.

The shares downfall came after the decision of UP government to hike the cane prices in the state. UP government had hiked the state administered price (SAP) of sugarcane by Rs 15 per quintal for the new crushing season. UP is the largest sugar producing state of India and many leading cane companies are located in the state.


Plans To Delay Motorola's Navel Gazing Android Revealed

Plans To Delay Motorola's Navel Gazing Android Revealed Bad news for all those who had been eagerly waiting to get their hands on the first Motorola Android-based phone, as its launch has been delayed. Reportedly, US markets would be deprived of Motorola’s Android-based phone at least till the second quarter of 2009. Europe’s wait will even continue for longer as there it will arrive in the Q3 of the next year. However, in a move to compensate, Motorola is going for a novelty twofer.


Nicolas Sarkozy threatens legal action over voodoo doll

London, Oct 22 : French President Nicolas Sarkozy has threatened to take legal action against makers of his voodoo dolls, sold with instructions on how to stick pins in it.

Each body part of the doll, developed by K&K Company, contains controversial quotes related to the president.

These include his campaign slogan "work more to earn more", or "platform heels" – referring to the president''s shoes designed to gain a few inches in height.

On his groin is written "scum", which is used to describe young suburban crooks before the riots of 2005.

Sarkozy''s lawyer Thierry Herzog has asked the makers to "immediately cease all distribution of this doll".


Anonymous Call Claiming To Have Terrorists On Flight Received By Indigo Airlines

Anonymous Call Claiming To Have Terrorists On Flight Received By Indigo AirlinesOn Monday, the Indigo Airlines had to undergo some unnecessary tension, following a call from an anonymous person, who said that three persons traveling in its flight to Agartala from Kolkata are terrorists. Thus a security operation was initiated.

The police sources reveal, “The anonymous caller gave the names of the three alleged terrorists who were among the passengers on the flight which was supposed to leave at 6.30 am.”


National Mineral Development Corporation hikes iron ore prices

National Mineral Development Corporation (NMDC) has decided to hike iron ore prices up to 40 per cent. NMDC is a leading state-run mining company in India. The revised prices would be implemented from Oct 1. The decision to hike ore prices is aimed to save the interests of buyers. It would insulate them from short-term market fluctuations. The steel prices may increase following the implementation of revised prices.

The chairman and Managing Director of NMDC, Rana Som said that the hike in prices is the need of the hour as production cost has increased manifolds. The public sector company can revise the ore prices as per the agreement with buyers.


Norway and Britain in loan talks with Iceland

Norway and Britain in loan talks with IcelandReykjavik/Oslo - Norway and Britain were Wednesday reported to be considering loans and other assistance to financially-troubled Iceland.

The economy of the North Atlantic nation of some 300,000 people has come under severe strain amid the global credit crunch.

A Norwegian delegation was heading for Iceland to discuss the situation and "how Norway can possibly help," Norwegian Transport and Communications Minister Liv Signe Navarsete told broadcaster NRK.


New candidate genes may help understand schizophrenia

Washington, Oct 22 : In a collaborative study, UCLA and Dutch researchers have identified three new candidate genes for schizophrenia that may contribute to a better understanding of how the disease evolves.

For the study, Roel A. Ophoff, an assistant professor with the Center for Neurobehavioral Genetics at the Semel Institute for Neuroscience and Human Behavior at UCLA, and his colleagues examined the genetic makeup of 54 Dutch patients diagnosed with deficit schizophrenia, a particularly severe form of the disease that is both chronic and debilitating.

Specifically, they looked at a number of large but rare deletions and duplications in the genome of the patients, known as copy number variants, or CNVs.


Nine Afghan army soldiers killed by "friendly fire" airstrike

Nine Afghan army soldiers killed by "friendly fire" airstrike Kabul - US-led coalition forces mistakenly bombed an Afghan national army position in eastern Afghanistan early Wednesday, killing nine soldiers and wounding three others, officials said.

The incident took place in Sayedkhail district of the south-eastern province of Khost when a coalition convoy was returning from an operation, the US military said in a statement.

"Initial reports from troops on the ground indicate that this may be a case of mistaken identity on both sides," the statement said.


Turkish flying saucer video ‘most important images of a UFO ever filmed’

London, Oct 22 : An astonishing video footage of a ''flying saucer'' spotted in Turkey is being considered the "most important images of a UFO ever filmed".

The shots were captured earlier this year by 42-year-old night guard Yalcin Yalman in a compound in Turkey.

Almost two-and-a-half hours of footage features a variety of objects ranging from incredible flying saucer-type ''craft'' to clustering orb-like lights hovering in the night sky.

Yalman and a number of residents claim that the UFOs were spotted over a four month period between May and September near the compound in Istanbul.


Computer criminals can hear what you type on a keyboard

Computer criminals can hear what you type on a keyboardLondon, October 22: Swiss researchers have shown that computer criminals can misuse the electromagnetic signals produced by when buttons on a keyboard to eavesdrop on what a user types.

Martin Vuagnoux and Sylvain Pasini, doctoral students from the Security and Cryptography Laboratory at the Swiss Ecole Polytechnique Federale de Lausanne (EPFL), have been successful in analysing the signals produced by keystrokes to reproduce what a target typed.


Palin is five times better looking than I am: Tina Fey

Washington, Oct 22 : Tina Fey believes that Republican vice-presidential nominee Sarah Palin looks five times better than her.

Fey, who has been applauded for her impersonation of the Alaska governor on ‘Saturday Night Live’, didn''t think she resembled Palin that much at first.

"When I first saw her, I didn''t think we looked alike at all. Then during the convention, I started to think, ''Ok, maybe a little,'' " Usmagazine quoted her, as saying.

Now, Fey wishes she looked more like Palin.

"I''ll tell you, that lady is five times better-looking than I am. She''s 44? She''s got none of that droopy s--t. She''s keeping it tight," she said. (ANI)


Hurricanes and typhoons help to remove CO2 from the atmosphere

Hurricanes and typhoons help to remove CO2 from the atmosphereWashington, Oct 22 : A new research by scientists has determined that hurricanes and typhoons, which are normally seen as looming threats from global warming, are actually helping to remove carbon dioxide (CO2) from the atmosphere.

According to a report in Discovery News, the research was done by Robert Hilton of the University of Cambridge in the United Kingdom and a team of researchers.

Each year humans emit approximately 7.2 billion tons of the greenhouse gas, trapping vast amounts of heat in the air and oceans.


Republicans target Barack Obama through nasty 9/11-linked mailer

New York, Oct. 22: The Republicans have unleashed a blistering mailing against Barack Obama that invokes the 9/11 attacks with a disturbing image of a jumbo jet and a warning that the Democrat nominee isn''t "who you think he is."

According to the New York Post, the attack flier reportedly has been landing in homes in Missouri and Virginia – two states that the Democrats have been working hard to convert to blue in November.

The front cover shows a plane with its nose aimed squarely at a few travelers in an airport waiting area, and warns, "Terrorists don''t care who they hurt."

The image of a plane in conjunction with terrorism was a clear reference to the airplanes-as-weapons attacks of Sept. 11, 2001.


Suicide rates soaring in the US

Suicide rates soaring in the USWashington, October 22: A new report from the Johns Hopkins Bloomberg School of Public Health''s Center for Injury Research and Policy has revealed that the rate of suicide in the United States is increasing for the first time in a decade.

According to the report, the annual overall suicide rate rose by 0.7 percent that was witnessed amongst whites aged 40-64, especially in middle-aged women.

The increase in the suicide rate between 1999 and 2005 saw an annual increase with the rate rising to 2.7 percent amongst middle-aged white men as against the 3.9 percent among middle-aged women.


ICICI Bank Intraday Buy Call

ICICI Bank Intraday Buy CallKarvy Stock Broking Limited has maintained ‘buy’ rating on ICICI Bank stock with an intraday target of Rs 440.

According to Karvy, interested traders can purchase the stock between Rs 418-422 with a strict stop loss of Rs 400. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 405.
 


Over 75 percent Americans still believe in `self-made''dream

Washington, Oct. 22 : The proverbial American dream of self-made success and well being is intact and remains important to most of them, according to the Washington Times.

More than three-fourths of Americans "personally believe" in the American dream and insist it''s what makes the nation dynamic.

According to a survey of 2,112 adults released Wednesday by J. Walter Thompson, a Manhattan-based marketing group, eight out of 10 want the next president to "breathe new life" into the concept, with more respondents citing Republican hopefuls than Democrats in such a lofty endeavor.


Archaeologists discover nine ancient Roman columns on riverbed

Rome, Oct 22 : Archaeologists have discovered nine ancient Roman columns believed to have originally lined the most important Roman road into the Balkans, on a riverbed in northern Italy.

According to news agency ANSA, the stone columns are believed to date back to the fourth century AD and some carry inscriptions relating to the emperors of that late stage in the Roman Empire.

“''This is an extraordinary find because of the number of columns and the inscriptions they bear,” local archaeological authorities said.

The columns are originally believed to have served as milestones along the road that led from Aquileia to ancient Aemona, today the Slovenian capital Ljubljana.


Army troops capture two communist rebel leaders in Philippines

Zamboanga City, Philippines - Government troops captured two local communist rebel leaders and overran a guerrilla camp in the southern Philippines, a regional army chief said Wednesday.

Major General Jogi Leo Fojas said the two rebel commanders were captured Monday during a raid on a guerrilla redoubt in Santa Cruz town in Davao del Sur province, 990 kilometres south of Manila.

Fojas said the soldiers seized the guerrilla encampment after 30 minutes of firefight.

The two captured guerrillas were undergoing tactical interrogation in a nearby army headquarters, according to Fojas.


Taiwan grounds all warplanes after two crashes in two days

Taipei - Taiwan Defence Minister Chen Chao-min on Wednesday ordered all warplanes grounded for three days for safety inspections after a second crash in as many days.

"With painful mind, I apologise to all compatriots in Taiwan, and the ministry has ordered that all war planes, except for those on routine surveillance or search missions, be grounded for three days for safety inspections," Chen told parliament.

His comments came after opposition parliamentarians questioned him over the crash of a submarine-hunting helicopter during night training Tuesday, a day after a self-developed Indigenous Defence Fighter (IDF) jet crashed.


New poll finds 75 percent of Americans are angry at the way things are going there

New poll finds 75 percent of Americans are angry at the way things are going thereWashington, Oct 22 : A recent poll findings released by CNN and the Opinion Research Corporation (ORC) have revealed that three in every four Americans were of the opinion that things in the US “were going badly” in the country, and that they were angry about it.

Asked if they were scared about the way things were going in America, 24 per cent said “very scared” and 43 per cent said “somewhat scared.”


ICL: Easy Win For Chennai Superstars

ICL: Easy Win For Chennai Superstars In the ongoing Indian Cricket League 20s Indian Championship, Chennai Superstars on Tuesday defeated Hyderabad Heroes by 18 runs at Sardar Patel Stadium. Chasing a victory target of 161 runs in the allotted 20 overs, Hero’s led by Chris Harris could score only 142 runs for the loss of 9 wickets.


Shares fall sharply in Seoul

Seoul - Shares extended their losses Wednesday on the Seoul stock exchange as investors remained worried over the impact of a global recession. South Korea's won continued its fall against the dollar.

The benchmark Kospi index fell 61.51 points, or 5.1 per cent, to close at 1,134.59, a three-year low.

Declining issues outnumbered advancers 758 to 82.

The main index of the technology-heavy Kosdaq market plunged 15.44 points to 335.53.

On the currency markets, the US dollar was quoted at 1,363.0 Korean won, after 1,320.1 won on Tuesday. (dpa)


Taliban order mobile networks shutdown in Ghazni to prevent tracking of fighters

Ghazni, Oct 22 : The Taliban in Afghanistan have reportedly directed the five mobile phone operators to shut their networks during the day time, as, they, say the mobile signals help the Afghan security agencies in tracking their fighters.

“We have informed mobile companies operating in Ghazni to turn off their signals during the daytime now as it endangers the lives of our fighters. We want the companies to cut off their signal for 10 days from now. The order might be extended,” the Dawn quoted Taliban spokesman Zabiullah Mujahid as saying.

The Taliban insurgents said that they had told the mobile phone operators to shut down their networks during the day in the Ghazni province, southwest of Kabul.


French shares down sharply in early trading

French shares down sharply in early tradingParis - Following big losses on Wall Street and on Asian markets overnight, the Paris Bourse opened sharply lower on Wednesday, as global stock markets remained volatile.

Shortly after opening, the benchmark CAC 40 was down 2.86 per cent, to 3,376.05, with only one of its 40 listed stocks gaining ground.

Industrials were the hardest-hit, with steel-makers ArcelorMittal and Vallourec off by 5.21 and 4.38 per cent, respectively.

Sinking oil prices were weighing on energy shares, with GDF Suez down 4.29 per cent and oil giant Total falling by 3.86 per cent. (dpa)


3D software allows virtual “flyby” of ancient Roman Cologne

Berlin, Oct 22: A team of archaeologists, scientists and software programmers has created a 3D virtual model of the city of Cologne as it was 2,000 years ago, which would enable visitors to virtually fly through the city.

According to a report in Spiegel Online, the new computer program will allow the curious to see Cologne, Germany’s fourth-largest city, as it was almost 2,000 years ago, when it was a major northern outpost of the Roman Empire.

“Now, for the first time, people will be able to visualize what an amazing city Cologne already was in antiquity,” said Hansgerd Hellenkemper, the director of the city’s Romano-Germanic Museum.


Italian pilot describes near miss with a UFO

London, Oct 22 : For the first time in nearly 20 years, an Italian airliner pilot has opened up about a near miss with a UFO after a record of the encounter was released by the Ministry of Defence in London.

Captain Achille Zaghetti, who lives in Grosseto, Tuscany, was flying from Milan to Heathrow when he and his co-pilot saw a mysterious khaki-coloured, missile-shaped object streaking across the sky above the Kent countryside.

While recalling the incident that occurred over Lydd, Kent, in 1991, Zaghetti revealed that the 10ft-long UFO came so close to the airliner that he shouted "Look out! Look out!" to his co-pilot, who also spotted the object.


ESO discover one of the most massive double star systems in Universe

Munich, Oct 22: The European Southern Observatory (ESO) has captured an image that shows a vast stellar nursery, in the centre of which is a small cluster of stars that has been found to be the home of one of the most massive double star systems known to astronomers.

Known by the name of Gum 29, it is a huge region of hydrogen gas that has been stripped of its electrons (ionised) by the intense radiation of the hot young stars located at its centre.

Astronomers call this an HII (pronounced “H-two”) region, and this particularly stunning example stretches out across space for over
200 light-years.


“Pak needs five bln dlrs to avert BoP crisis”

Islamabad, Oct 22: Shaukat Tareen, the Pakistan Prime Minister’s Financial Adviser, has said that his country needed five billion dollars from multilateral lenders and friendly countries to avert the impending balance of payments (BoP) crisis.

He said the PPP-led federal government had estimated that it would need an amount ranging between 3.4 and 4.5 billion dollars, but multilateral lenders had assessed the country would need five billion dollars to bridge the gap in the balance of payments.

“I never said that Pakistan is seeking 10-15 billion dollars assistance from multilateral lenders, including the IMF,” the Dawn quoted him as saying.


European shares slump picking up on falls in Asia, New York

Frankfurt - European shares slumped more than 2 per cent in opening trading Wednesday, picking up on a downbeat end to Wall Street and steep falls in Asia.

As renewed concerns emerged about the outlook for the global economy and profits, Europe's blue-chip Stoxx 50 began the trading day down 2.5 per cent at 2,286 points.

The fall was mirrored across key national European markets with shares in London, Frankfurt, Paris and Zurich all sliding by more than
2 per cent.

Fresh economic concerns resulted in the oil price dropping by 3.3 per cent below 70 dollars a barrel on expectations of falling demand for energy. In July energy prices were heading towards 150 dollars a barrel.


SRK upset with Rani

SRK upset with Rani   Things are not right for the Badshaah, with the King Khan loosing on its best of buddies, one can wonder close knit ties are being broken down amidst ego, hatred and jealousy. With the breaking up with his one of the closest buddies, Salman, on Katrina’s birthday, Rani Mukherjee seems to be next on the list. The ‘Queen of Hearts’ have quitted from the SRK’s 'Temptations Reloaded' tour reportedly as the latter was not happy from the former’s appearance on the last episode of Salman’s ‘Dus Ka Dum’.


Egyptian activist to meet new US president in December

Cairo - Egyptian Human Rights activist and long-term democracy advocate Saad Eddin Ibrahim said he would meet the new US president on December 6, with a delegation that represents several continents.

The sociology professor told Deutsche Presse-Agentur dpa in a telephone interview that "it has been agreed with the teams of both Democratic presidential candidate Barak Obama and his Republican rival John McCain to hold a meeting with whoever wins the election."

Representatives from Europe, China, Africa, Latin America and the Arab world will meet the next president, with former US president Jimmy Carter and current incumbent George W Bush, to discuss US foreign policy and present the group's diversified points of view.


Scientists to hold launch party for “Big Bang machine”

Large Hadron ColliderRome, Oct 22 : Europe’s top scientists are holding a party to inaugurate the Large Hadron Collider despite the multi-billion dollar machine being out of order.

The giant experiment called the Large Hadron Collider (LHC) took nearly 20 years to complete and cost 4.4 billion pounds to build in a tunnel complex under the Franco-Swiss border.

According to a report in the Telegraph, the president of Switzerland and the prime minister of France will lead the celebrations to officially launch the project dubbed the biggest experiment in history.


John McCain trails in states that backed Bush in 2004

Republican presidential candidate John McCainWashington, Oct. 22: Republican presidential candidate John McCain continues to trail behind Democratic rival Barack Obama in states that were won by incumbent President George W Bush in 2004.

McCain''s move to distance himself from Bush appears to be reaching voters, despite a barrage of ads from the Obama campaign accusing the Arizona senator of being in lock step with the president.

A CNN/Opinion Research poll found that 52 percent of voters think McCain’s policies would be different from Bush''s, up eight percentage points in just two weeks.


Mulford congratulates India on unmanned moon mission launch

New Delhi, Oct. 22 : United States Ambassador to India David C. Mulford today congratulated India on the successful launch of the Chandrayaan-1.

"The United States congratulates India on the successful launch. This is a proud moment in Indian history and demonstrates India''s technological prowess by joining the international community in the peaceful exploration of space. The United States was proud to participate in Chandrayaan-1 by providing two instruments for the mission. Ahead of today''s launch, scientists from the United States worked closely with their Indian partners to prepare the U. S. contribution to the Chandrayaan spacecraft, exemplifying the ideals of our bilateral partnership," said Mulford.


Roadside Romeo narrates the story of Roadside Dogs

Roadside Romeo narrates the story of Roadside DogsThe upcoming animation film ‘Roadside Romeo’, a Jugal Hansraj’s venture is inspired from the stray dogs he encountered on Mumbai streets. It will be the first time that a mainstream three dimensional animation movie is made in Bollywood.

The movie which is due to hit the theatres this Friday is co-produced by Yash Raj Films (YRF) Studio and Hollywood studio Walt Disney Co while it has been visualized, executed and delivered by a 150-member team of Tata group's Tech arm Tata Elxsi.


Balaji’s Kyunki…To Go Off Air Soon

Balaji’s Kyunki…To Go Off Air SoonAfter popular soap ‘Kahani Ghar Ghar Ki’, television bigwig Ekta Kapoor is ready to pull off air her hugely popular television soap ‘Kyunki Saas Bhi Kabhi Bahu Thi’ very soon.

According to sources, Star TV has sent a notice to Balaji Telefilms, asking them to end the long running soap by November 10.

But, Balaji Telefilms has termed the termination as a breach of contract, and has taken legal action against Star Group.

Balaji’s argument is that the agreement does not permit the channel (Star) to stop a show ahead of time.


NHRC issues notice to Maharashtra Govt.on MNS activities

National Human Rights CommissionNew Delhi, Oct. 22 : The National Human Rights Commission has taken suo-motu cognizance of a distressing incidents of attack on north Indian aspirants for railway jobs by the Maharashtra Navnirman Sena and has issued a notice to Maharashtra Chief Secretary and the state''s Director General of Police, seeking their comments within two weeks. 

Responding to a Times of India report headlined as “Repeat offender Raj goes unscathed”, the NHRC notice said that the contents of the press report if true, raise serious issue of violation of human rights of the citizens of the country. (ANI)


N. Carolina study says using ''war on terror'' to promote government policies has limits

Washington, Oct. 22: A new study from North Carolina State University shows that there are definite limits on the government's use of the "war on terror" as a rhetorical tool for advancing federal land-use projects and other policy objectives.

"The government can no longer rely solely on the ''war on terrorism'' and ''national security'' as arguments to maintain a crisis situation where local people willingly sacrifice protection of their ''homeland''," claims the study’s author, Dr. Kenneth S. Zagacki.


Chinese envoy cuts short Taiwan trip after being assaulted

Chinese envoy cuts short Taiwan trip after being assaulted Taipei - A senior Chinese official cut short his Taiwan visit and returned to China Wednesday, after he was shoved to the ground by pro-independence activists during a visit to a temple the previous day.

"I feel bad that police have to deploy so much manpower to protect my safety and I don't think I should cause them so much trouble, but the public will tell right from wrong," said Zhang Mingqing, vice chairman of the Association for Relations Across the Taiwan Straits (ARATS), at the airport.


Nepal, India ready to amend trade treaty

Kathmandu, Oct 22: Nepal’s Commerce Secretary Purushottam Ojha has said that both Nepal and India have agreed to amend the bilateral trade treaty within three months.

Talking to media after the meeting in Delhi on Tuesday, Ojha said the parties had agreed on the clauses to be amended in the existing bilateral trade treaty.

He further said the meeting to work out the amendments would be held in Kathmandu. The treaty has been renewed twice since it was signed in 1996.

The two countries have been discussing the amendments for the last two years.


Astronomers spot rare onset of a huge flow of gas from a quasar

Washington, Oct 22 : Astronomers from the University of Florida (UF) and University of California-Santa Cruz have discovered the onset of a huge flow of gas from a quasar, or the super-bright core of an extremely remote young galaxy still being formed.

The gas was expelled from the quasar and its enormous black hole sometime in the space of four years around 10 billion years ago – an extremely brief and ancient blip noticed by the unlikely convergence of two separate observational efforts.

“It was completely serendipitous,” said Fred Hamann, a UF astronomy professor. “In fact, the only way it could have happened is through serendipity,” he added.


At least five government troops killed in Swat Valley combat

PakistanPeshawar - At least five security personnel and seven rebels were killed when Taliban rebels ambushed a troop convoy in Pakistan's restive Swat Valley, police said Wednesday.

The caravan of several vehicles of paramilitary Frontier Corps (FC) and police carrying supplies for the troops came under attack in Sarsinai area of sub-district Kabal Tuesday afternoon.

"Four FC soldiers and a policeman were martyred (killed) in the attack, while security forces killed seven militants in the clashes that lasted for several hours," said Swat police chief Dilawar Khan Bangash.


Kareena doing everything to make ‘Golmaal Returns’ smash-hit

Kareena doing everything to make ‘Golmaal Returns’ smash-hit  The sequel of Golmaal is around the corner and the audience who fell into laughter riots after seeing "Golmaal" could not have asked for more. The Golmaal is back with ‘Golmaal Returns’ the expectations from it too are sky high.


High Court annuls the coerced marriage of a Sikh woman

High Court gave its ruling where it cancelled the marriage of a 29 year old Sikh woman who was coerced to marry by her in-laws after the death of her husband. The jurisdiction was given pronounced by Justice Parker.  

The Sikh woman was kidnapped by the family of her husband when she went back to India to attend the funeral of her husband. Two and a half weeks after the demise of her husband, she was forced to marry her father-in-law’s nephew. Her husband was killed in a car accident in India where she went and was given sedative pills and injected with drug by her in laws as she refused to obey their demand to marry again.


Govt Defers 3G Spectrum Auction To Jan 2009

Govt Defers 3G Spectrum Auction To Jan 2009Minister of Communications and Information-Technology, A Raja has indicated that the much waited auction of third generation (3G) spectrum could be delayed by 10-15 days.

The auction, which was initially planned to be held in December this year, has now been deferred to be conducted on January 2009.  

Speaking on this, Mr. Raja said, “We will try to complete it by December 31. However, because of Christmas and holidays, we could postpone it for another ten days. However the deadline is December 31, subject to a little changes.”


Slight drop in OPEC crude price ahead of Friday meeting

Slight drop in OPEC crude price ahead of Friday meeting Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell by 0.31 dollars Tuesday, even though cartel members have indicated they might cut production at their meeting on Friday in Vienna.

One barrel (159 litres) of OPEC crude stood at 64.32 dollars Tuesday, down from 64.63 dollars on the previous day.

Analysts expect OPEC to lower production by at least 1 million barrels per day on Friday, as slowing demand has dragged down oil prices.


Madonna to continue her stay in London

Madonna to continue her stay in London Heart throb of millions, the pop icon ‘Madonna’ decided not to bid adieu to Britain even when she has broken up with her husband, British Director, Guy Ritchie. Madonna who is presently 50 years old, married the director(40), in December 2000 at Skebi Castle in the Scottish highlands.

Madonna who was supposed to leave for New York with her kids as soon as she gets divorce from Ritchie, now changes her mind as the British director admitted that it was in best of interests for the kids to remain in Britain.


India launches first mission to the moon

India launches first mission to the moonNew Delhi - India on Wednesday launched its first mission to the moon with a "perfect" lift-off of the unmanned Chandrayaan-1 spacecraft, placing the country among a select group of nations that have sent lunar missions.

The 44-metre tall Polar Satellite Launch Vehicle rocket carrying the Chandrayaan probe lifted off at 0622 local time (0052 GMT) from the Satish Dhawan Space Centre in Sriharikota, 80 kilometres north of the southern Chennai city.


Center to file affidavit in Nun Rape case

The Union Govt. will file an additional affidavit in connection with the Kandhamal violence. The Supreme Court has permitted center's plea in this regard. Meanwhile the court will hear today the petition demanding CBI probe into the rape and humiliation of a Christian Nun.

A bench comprising Chief Justice K G Balakrishnan, Justices P Sathasivam and P M Panchal adjourned the hearing for a day on 21st of October. The archbishop of Cuttack Raphel Cheenath has filed the petition seeking CBI enquiry and compensation of three crores for the damaged churches of Orissa. He filed the petition on 12th of this month.


Sensex Plummets 393.77 Pts; RComm, Bharti Drop

Sensex Plummets 393.77 Pts; RComm, Bharti DropIndian equities continued to trade in the negative terrain on fears over lower earnings.

The 30-share index BSE Sensex ended on a highly negative note yesterday with some major corporate houses declaring disappointing quarterly figures.

Asian markets weighed the depressing outlook. Realty, metal, IT, oil & gas and power stocks that had bounced back fairly strongly yesterday after recent huge losses, are back in the red again on account of heavy selling action.

BSE Midcap and Smallcap declined 2.02% and 1.59% respectively.


Global crisis needs coordinated efforts, says Manmohan Singh

Prime Minister Dr. Manmohan SinghTokyo, Oct 22 : Prime Minister Dr. Manmohan Singh today called for a coordinated response to deal with the current global recessionary trends.

While addressing the business delegates at a luncheon organised by the Japan-India Business Cooperation Committee and the Japan Chamber of Commerce and Industry here, Dr. Singh said that the need of hour is to prevent the liquidity crisis from further shattering the confidence of investors.


Banking group Handelsbanken third-quarter results increase

Banking group HandelsbankenStockholm - Swedish banking group Handelsbanken on Wednesday outdid analyst expectations and reported higher third-quarter operating profits and net interest income.

Handelsbanken was the first of the Nordic nation's four major banking groups to report results amid the ongoing financial turmoil.

Operating profits were up 6 per cent to 3.78 billion kronor (510 million dollars), the group said attributing this to "higher net interest income and lower costs."


PGI Doctors Call Off Their Strike

PGI Doctors Call Off Their StrikeAfter getting an assurance from the PGI administration, the Association of Resident Doctors (ARD) had called off its indefinite strike on Monday evening.

With this, nearly 800 resident doctors have come back to their work.

Earlier, in the morning over 200 resident doctors assembled outside the director’s office. After two rounds of talks with the dean and sub-dean, consensus was reached at in the evening.


Orissa Govt.— 90 % Of Company Jobs Will Be Reserved For Locals

It's good news for people of Orissa. The state government will now force companies investing in the state to provide at least 90% of the jobs in their projects to the locals.


Fertilizers damaging water quality and fish populations in sea

Berlin, Oct 22 : A new study on landscape around Chesapeake Bay, the largest estuary in the US, has determined that imbalance in nitrogen cycle due to the widespread use of fertilizers is damaging water quality and fish populations.

Professor Grace Brush, from Johns Hopkins University in Baltimore, USA, undertook the study of landscape changes around Chesapeake Bay.

Professor Brush studied the organisms and materials preserved in sediments in Chesapeake Bay spanning 1000 to 14,000 years, alongside available historical records covering the past 300 years, to trace the history of changes to nitrogen loading in the estuary.


Now, a solar- and air-powered house that can ‘walk away’ from floods

London, October 22 : A 10ft high solar- and wind-powered home, which can stroll at walking pace across all terrains, may help deal with problems like floods and unfriendly neighbours in future.

The prototype home has been built on six hydraulic legs that can walk.

It has a living room, kitchen, toilet, bed, and wood stove.

A mainframe computer helps control the house’s legs.

The pod is all set to take its maiden stroll around rural Cambridgeshire at the Wysing Arts Centre in Bourn on Thursday.

Its makers — art collective N55 in Copenhagen, Denmark — developed it while working with engineers at MIT in Massachusetts, USA.


New, appealing nationalist party opens shop

New, appealing nationalist party opens shopBelgrade - The new Serbian Progressive Party (SNS), a splinter of the extremist Serbian Radical Party (SRS), formally opened shop Wednesday on a promise of moderation, European Union membership, and military neutrality, wrapped in national pride.

The former acting chief of the Radicals, Tomislav Nikolic, was elected president of the new party at the founding congress Tuesday night.

His first move was to wash his hands of the belligerent extremist image - which he could not do while in a party that spearheaded extremist policies for Slobodan Milosevic's regime.


Climate change impact on lakes different in warmer and colder regions

Berlin, Oct 22 : A new research by Japanese and German scientists has determined that climate change will have different effects on lakes in warmer and colder regions of the globe.

The research was undertaken by Scientists from Hokkaido University, the Hokkaido Institute of Environmental Sciences, Kagoshima University and the Helmholtz Centre for Environmental Research (UFZ), who compared current measurements with measurements taken 70 years ago.

This confirmed a rise in temperatures in the deep water layers of lakes in the south of Japan, while the deep water temperatures of lakes in the north remained the same.

Rising temperatures can lead to changes in nutrient exchange and turnover in the water.


18 killed in Imphal bomb blast

At least 18 people were killed and 27 seriously injured in a powerful bomb blast in Imphal, the capital of North-eastern state Manipur. The blast occurred near the Police Commandos' Complex late on Tuesday.

The death toll may rise further, according to police, as the conditions of the hospitalized persons are very serious. Body parts of the victims were found scattered out side the police barrack.

Imphal Superintendent of Police Radheshyam Singh told that eleven people died on the spot, while seven of the injured succumbed to their injuries in different hospital. The bomb was planted on a scooter he added.


India, Japan sign comprehensive security pact

Tokyo, Oct. 22: In a move that could change the geopolitical dynamics of Asia, both India and Japan have decided to create a comprehensive framework for the enhancement of security cooperation.

It will include a fight against terrorism and transnational crimes, safety of transport, cooperation between coast guards and information exchange and policy coordination on regional affairs in the Asia Pacific region and on long-term strategic and global issues.

It was also agreed that bilateral consultation would be conducted to promote counter-terrorism cooperation through joint working group between the relevant government offices including the ministries of foreign affairs.


Abbas sacks intelligence chief, appoints him as security adviser

Abbas sacks intelligence chief, appoints him as security adviserRamallah - Palestinian President Mahmoud Abbas has sacked Palestinian Intelligence Chief Tawfiq Tirawi, the official Palestinian news agency Wafa reported Wednesday.

Abbas issued a presidential decree, ending Tirawi's tenure as head of the Palestinian General Intelligence and appointing him a security advisor to the president instead, Wafa said.

He informed the general of the decree Tuesday night.


Swedish Crown Princess Swayed Away by Traditional Indian Dances

Swedish Crown Princess Swayed Away by Traditional Indian DancesThe Vikhe Patil Memorial School, Pune showcased a series of traditional Indian Dances as part of the cultural programme organized in the honour of the Crown Princess Victoria of Sweden.

Her Royal Highness was enchanted by the dance and stated, "I always wanted to come to India and no where in the world have I received such a warm welcome".


Georgia donors' conference opens in Brussels

Brussels - Representatives from nearly 70 countries gathered in Brussels on Wednesday for a donors' conference designed to raise billions of dollars in aid to help Georgia recover from its August conflict with Russia.

According to a World Bank report, Georgia needs a total of 3.7 billion dollars (2.9 billion euros) in aid over the next three years. Of these, some 560 million dollars are already accounted for.

Much of the additional help is to be spent on rebuilding damaged roads, helping resettle scores of refugees and getting the economy back on track.

The European Union's executive arm, which is jointly hosting the conference with the World Bank, has already pledged up to 500 million euros in aid over a three-year period.


India hopes to boost exports to Japan

Tokyo - India wants to increase exports to Japan and for the East Asian economic giant to invest more in its businesses, it was announced Wednesday at the conclusion of an economic partnership agreement.

Indian Prime Minister Manmohan Singh told business leaders in Tokyo that he hoped the agreement would boost exports of Indian goods and services to Japan through the removal of tariff barriers.

Singh, who is on a three-day visit, planned to sign a bilateral agreement with his Japanese counterpart Taro Aso later in the day on strategic security cooperation as well as trade and economic issues to strengthen partnership relations.


US Dollar Technical Forex Analysis for Forex Traders

The USD continued to advance against the majors today as stops under recent lows were triggered in thin trade; traders note two-way trade early overnight gave way to additional risk-aversion trade as desks reported USD buy-side interest into the London fix.

After the noon hour traders note that the majors continued to drift lower as sell-orders and stops continued to pressure EURO and GBP into lows. Equities were under pressure after an early rally failed and USD/JPY dropped to new lows as exporters and Japanese lifers were seen on the offer late European trade and early New York. Semi-official names and sovereigns were on the bid for EURO and GBP early traders say but support evaporated as the day went on.


Indiabulls Financial services registers 21% growth in Q2 Net profit

Indiabulls Financial Services has registered a consolidated net profit of Rs135.7 crore for the second quarter ended September, a 21.4% growth over the corresponding period year ago.

The company had posted net profit of Rs 111.08 crore in quarter ended September 30, 2007.  

The total revenues rose to Rs 641.5 crore for the quarter under review, from Rs 350.5 crore in the same period last year.

While, total income for the quarter has increased to Rs 475.35 crore for the September quarter this fiscal against Rs 263.71 crore in the corresponding period last fiscal.

Shares of the company gained Rs 9, or 9%, to settle at Rs 107. The total volume of shares traded was 9,48,934 at the BSE. (Monday)


Big TV DTH Bags 5,00,000 Subscribers In First Two Months

Big TV DTH Bags 5,00,000 Subscribers In First Two Months As always Reliance has made its mark. A record breaking 5,00,000 subscribers were roped in by Big TV DTH, a part of Reliance Communication in the first two months of its launch.


Lack of sleep, excessive computer screen time, affects grades in college

Washington, Oct 22 : College students who do not take proper sleep, excessively sit before television or computer screens, suffer from stress, gamble, use alcohol or tobacco, or suffer from other health-related issues do not fare well in academics, according to a new study.

Researchers at the University of Minnesota Boynton Health Service claim that their study is the first to show a direct link between health-related behaviours and grades.


Dark ‘phantom’ energy maybe causing accelerated expansion of the Universe

Washington, Oct 22 : A team of cosmologists from the University of the Basque Country has determined that the accelerated expansion of the Universe can be explained by dark ‘phantom’ energy.

To explain the majority of the phenomena occurring in the Universe, complicated calculations with a computer are required and which have to be based on appropriate mathematical models.

This is what the Gravitation and Cosmology research team at the University of the Basque Country (UPV/EHU) is involved in: analyzing models capable of explaining the evolution of the Universe.

One of the phenomena that standard models of physics have not yet been able to explain is that of the accelerated expansion of the Universe.


GBP USD Technical Forex Analysis for Forex Traders

New low late trade today; pressured lower from stops and general technical selling. Light UK data no help overnight; traders note middle-eastern names on the bid as the rate drops.

Today's action again very two-way; stops under the lows drive trade also. Drop under psychological support at 1.7000 challenged again. Rate at buy zone now but range appears wider. Drop under the 1.7200 handle finds light stops. Monthly lows give way as sentiment won't rally.

Traders note quality bids on the dip suggesting a bottom is in here somewhere.  Aggressive traders can buy under 1.7000 area but expect more whippy action. Follow-on selling likely from technical's but spillover strength from EURO likely to be better to end the week.


Airtel launches ‘Zero Side Effect’, a special offer for broadband & landline user

Country's largest mobile services provider, Bharti Airtel has informed that its arm Airtel Telemedia Services, has launched the ‘Zero Side Effects’ offer – a unique Diwali festive offer for its broadband and landline customers in South India.

The latest introduced scheme is a zero cost entry offer on two months’ advance rental, which were earlier paid by new customers at the time of connection.

The company stated in a release that, under the offer, the security deposit, registration, installation / activation charges have been waived off.

In addition, there will be no monthly rental on telephone instrument or either on modem provided by the company.


EURO USD Forex Trading Tips and Analysis for Day Traders

More lows late New York; stops drive trade into next technical support. Option barriers reported on the dip. Official interest noted traders say around the 1.3250 area on the break with stops driving the dip lower.

OK to look to the buy side now; rotation off the lows to hold above 1.3350 suggests a near-term bottom. Rate is an absolute screaming buy in my view—I can't see further weakness being ignored by the buyers. Oil two-way spills over into pricing but rate firm despite lower oil. Traders note stops building above the market along with offers.


Damascus calls for a more engaged EU political role in the Mideast

Damascus calls for a more engaged EU political role in the Mideast Damascus - Damascus has called on Europe to be more politically engaged in the Middle East and to play a role that is parallel or complementary to the US role.

"The Europeans are able to play a more effective role in the Middle East and to make their political weight equal to their economic one," the official Syrian mouthpiece, Tishrin newspaper, wrote in its editorial on Wednesday.


Sania Mirza Back In Action Soon

Sania Mirza Back In Action SoonSania Mirza, absent from the tennis courts for the last two months due to a wrist injury, was seen looking better, fitter and in high spirits.

To quote Sania "I am surprised how well the treatment has worked for me .I have been hitting the ball for over two weeks now and am feeling very good".

Sania Ranked 98 in the world, is at present in the capital getting her wrist treated.
 


Reliance Communication launches ‘Free laptop offer with unlimited net surfing’

Reliance Communications, part of the Anil Dhirubhai Ambani Group, has entered into a strategic alliance with five computer hardware suppliers, to offer free laptops with internet connectivity to customers.

The computer companies are Intel Corp, Acer, Asus, HCL Infosystems and Lenovo.

The company claims that, the latest introduced scheme will enable customers to get free laptops powered by Intel's 'Atom' with high-speed internet data card service of Reliance.

However, under the scheme, customer has to pay monthly installment of Rs 1,500 for two years duration.

Reliance Communication is Country 's leading wireless internet service provider with over 10 lakh customers and access to 20,000 towns and 4.5 lakh villages in the country.


Obama reveals his dance skills on Ellen Degeneres show

Obama reveals his dance skills on Ellen Degeneres show In a surprise appearance on “The Ellen DeGeneres Show”, Barack Obama showed Degeneres his dance moves, while taping it all on Tuesday in Miami, in front of a live audience. Right after the rally, with nearly 40 people behind him, Obama was ready to go via satellite.

The ‘ball’ set rolling when DeGeneres got right down to business, commenting on Obama’s dancing prowess, or lack of it, saying: “Your wife, Michelle, was on the show and she was talking some smack about your moves.”


Manpower picks 100% stake in its Indian unit from ABC Consultants

Human resource services firm Manpower Inc. has acquired 100% stake in its Indian subsidiary - Manpower Services India Pvt. Ltd from ABC Consultants for an undisclosed amount.

With this acquisition, Manpower Inc. has bought back the 26% stake, making Manpower India a fully owned subsidiary of Manpower Inc.

According to market experts, the latest buyout will provide an accelerated boost to Manpower’s aggressive growth plan and strengthen its position in providing comprehensive and customized suite of global recruiting and staffing solutions to the Indian market.


Hong Kong shares fall 5 per cent

Hong Kong shares fall 5 per centHong Kong - The benchmark Hang Seng Index to fall 5.15 per cent on Wednesday to close at 14,266.6 points, or 774.57 points down on the day.

Turnover was 54 billion Hong Kong dollars (6.92 billion dollars).

The index crashed 6.5 per cent to 14,038.41 points, its lowest level since July 2005, before recovering slightly before the close.

Concerns about corporate profits came after several companies, including China's Huaneng Power International, Jiangxi Copper and Singamas Container (Holdings) warned they faced tougher times ahead.


Capital Restructure Of UCO Bank & Punjab & Sind Bank

Capital Restructure Of UCO Bank & Punjab & Sind BankGovernment has decided to restructure the equity capital of UCO Bank and Punjab & Sind Bank.

The Indian government holds the majority stake in both the Banks i.e. 74.98 percent stake in UCO Bank and 100 percent stake in Punjab & Sind Bank.

The total paid up capital of UCO Bank is approximately Rs. 800 crores out of which Rs. 250 crores will be converted into perpetual non-Convertible preference shares.


Walchandnagar inks ‘License Pact’ with Foster Wheeler

Walchandnagar Industries has informed that it has signed a License Agreement with Foster Wheeler North America Corp., a subsidiary of Foster Wheeler Global Power Group, for High Pressure Grate Fired Industrial Boilers.

Under the deal, Walchandnagar gets an exclusive license for the Indian Territory.

Foster Wheeler’s Global Power Group is a world leader in combustion and steam generation technology that designs, manufactures and erects steam generating and auxiliary equipment for power stations and industrial facilities. The company’s technology includes high capacity sub and super critical boilers, fluidized bed combustion boilers and grate fired industrial boilers.


NC lawmaker denied comment on liberals initially, but accepted later

Republican Rep. Robin Hayes, who is locked in a closely contested House race in North Carolina, has also been criticized after telling a crowd Saturday that “liberals hate real Americans that work and accomplish and achieve and believe in God.”

At first, Hayes denied making the remarks, but he was forced to acknowledge them after an audiotape of the speech was produced. Clarifying his comment, Hayes said: “I actually was trying to work to keep the crowd as respectful as possible, so this is definitely not what I intended.”


Spice Mobiles rolls out ‘S-580’: low-cost but true-valued hi-tech cellphone

Spice Mobiles rolls out ‘S-580’: A low-cost but true-valued hi-tech cellphone

Spice Mobiles has finally launched their latest surprise package, smart and slim musical handset christened ‘Spice S-580’ in the Indian market.

The latest handset comes fully loaded with MP3 player, FM recording, playback and supports expandable memory up to 2 GB.
With the help of FM recording feature, users can record their favorite songs from radio during listening, and set the saved track as their mobile ringtone.


Royal Orchid inks pact with Ramada brand to open 10 hotels in India by 2011

Bangalore-based Royal Orchid Hotels Ltd (ROHL) has entered into an alliance with the Ramada brand, a part of Wyndham Group, to open ten Ramada brand hotels in India by 2011. The hotels will be managed by ROHL.

ROHL already has exclusive development rights for the Ramada brand to handle hotels across Rajasthan, Maharashtra, Andhra Pradesh, Karnataka and Tamil Nadu.

Under the arrangement, Wyndham, which has more than 6500 hotels across the globe, would offer its reservation, marketing and sales support to ROHL, for which it would charge a reasonable “small percentage” of room revenue.

In a separate release, ROHL has informed that it has launched the Ramada Bangalore, a four-star hotel or upper mid-scale hotel in the city.


Displaced Tamils not neglected: Lankan President

Sri Lankan President Mahinda Rajapaksa on Tuesday said that his Govt. is taking all possible steps for well being of displaced Tamils in the country. The primary responsibility of a Govt. is to look after all its citizens and I carry out this responsibility to the fullest.

He said that a wrong impression had been carried in Tamilnadu relating to this matter. This is far from the truth. They are our citizens and we take every measure to look after and provide for them.

Talking to media persons in his office the President maintained that - the friendly relations between Sri Lanka and India remained very strong and New Delhi had always helped us when necessary and supported us at every step.


Queen Elizabeth receives gift of Lipizzaner horse in Slovenia

"Queen's dressmaker" files for administration in times of change Ljubljana  - Britain's Queen Elizabeth II was presented her own Lipizzaner horse when she visited a stud farm in western Slovenia on Wednesday.

The gift was however symbolic, as the stud, named 085 Favory Canissa XXII, remained in its Lipica stable, near Slovenia's border with Italy.


Greece exceeds eurozone budget deficit limit

Brussels - Greece's budget deficit surged to 3.5 per cent of gross domestic product (GDP) in 2007, according to revised figures published on Wednesday by the European Union's statistical office, Eurostat.

The figure is well above previous estimates and exceeds the 3-per cent limit by which countries which share the euro need to abide to.

The EU's executive arm, the European Commission, had earlier warned that it would open infringement procedures against Greece if its excessive deficit was confirmed.

However, national governments agree on the need to relax the strict rules governing the EU's Stability and Growth Pact in light of the "exceptional circumstances" resulting from the current financial crisis.


Indian stockbroker kills pregnant wife, self over losses

INDIAN CURRENCYNew Delhi - A stockbroker in India's financial capital of Mumbai killed his pregnant wife before committing suicide due to the financial downturn, media reports said Wednesday.

Parag Tanna and his wife Neha were found dead by relatives in the city's Kandivali area Tuesday night, police told CNN-IBN network.

Police suspect that Tanna, who strangled his wife, had huge investments in the stock exchange and that his recent losses drove him to commit suicide.


Troubled Bavarian bank to review all costs

Munich  - Troubled German state bank BayernLB announced Wednesday a review of all its costs just one day after it said was tapping the government's financial rescue plan for 5.4 billion euros (7.1 billion dollars).

"We will be looking at all positions," said a spokesman of the Munich-based bank, which has been badly hit by the global financial crisis and which became the first German financial house to apply for financial support from Berlin's 480 billion-euro bank rescue package.

The cost review includes the 19,000 BayernLB's world-wide labour force with the bank having already warned that it might not be able to avoid job cuts.

The Bavarian state bank is planning a 400-million saving project in the next three years.


Wipro Q2 Net Up 19% At Rs 978.20 Crore

Wipro Q2 Net Up 19% At Rs 978.20 CroreWipro has posted a 18.76 per cent rise in the net profit at Rs 978.20 crore for the second quarter ended September 30, 2008, as compared to Rs 898.30 crore in the same period of previous year.

The company’s net sales increased to Rs 6519.60 crore for the quarter ended September 30, 2008, compared to Rs 5981.10 crore in the April-June quarter.


Pantaloon Net Up 22% In Q2

Pantaloon Retail India, a Future Group firm, has reported a 22 per cent rise in the net profit at Rs 36.18 crore for the second quarter ended September 30, 2008, as compared to Rs 29.69 crore in the same period of the previous year.

The company's net sales went up by 39 per cent at Rs 1,511.21 crore in the September quarter as compared to Rs 1,086.44 crore it posted in the corresponding quarter last year.

In the September quarter, the company had opened nearly 18 stores in the country.


Ist Test: Kiwis Beat B’desh By 3 Wkts

Ist Test: Kiwis Beat B’desh By 3 Wkts Daniel Vettori led New Zealand defeated Bangladesh by three wickets to take a 1-0 lead in the two-Test series on Tuesday.

On the fifth and final day of the first Test, Kiwis needed 172 runs to win the match with eight wickets remaining.


Enzymes produced by termites can help make biofuel

Washington, Oct 22 : A new research has explored the possibilities of how enzymes produced by both termites and the micro-organisms that inhabit their gut could help to produce biofuel from non-edible plant material such as straw and wood.

Michael Scharf, an assistant professor of entomology at the University of Florida, Gainesville, and his colleague Aurelien Tartar undertook the research.

“Through millions and millions of years of evolution, termites and their symbionts have acquired highly specialised enzymes that work together to efficiently convert wood and other plant materials into simple sugars,” said Scharf.

“These enzymes are of the most value to bioethanol production,” he added.


RSS demands law against religious conversions

The Rashtriya Swayamsevak Sangh has demanded for a central law to tackle religious conversions.

Addressing a press conference the RSS executive member Ram Madhav Said that the conversions should be debated at the national level especially the rampant inter-denominational conversions within the Christian community.

Now there are anti-conversion laws in various states but the authorities are not implementing it properly. Presently Orissa, MP, Himachal Pradesh have such laws.

At the same time RSS have demanded for the immediate arrests of culprits and conspirators behind the brutal killing of Swami Laxamananda Saraswati.


Blackmailers offer memory stick to Dutch military for sale

Amsterdam  - Dutch police have arrested two blackmailers who are suspected of trying to sell a USB memory stick with sensitive information that had gone missing back to the military, the Defence Ministry confirmed Wednesday.

Officers from the national police force (KM) seized the two men as they turned up for the scheduled handover of money, the ministry said.

The two men, aged 28 and 29, had threatened to hand the electronic data over to the press if the military did not pay them, De Telegraaf newspaper reported.

The memory stick is believed to have contained information about cargo flights to Dutch troops in Afghanistan.

The men, who now face charges of blackmail and fraud, found the memory stick at a car wash.


Thai shares down 2.83 per cent on foreign factors

Thai shares down 2.83 per cent on foreign factors Bangkok - Thai shares dipped 2.83 per cent in value Wednesday on worries about US and European banks, analysts said.

The Stock Exchange of Thailand (SET) index ended at 465.24, down 13.55 points , or 2.83 per cent.

"The main factor was investors' worries about US and European banks' performances in the fourth quarter," said Mongkol Phuangphaetha, an analyst at Adkinsons Securities. (dpa)


NEC revises down earnings for fiscal 2008

Tokyo - Japanese electronics company NEC Corp lowered its earnings estimates for the full year through March as slowing markets caused sluggish sales of its computers and mobile phones.

NEC revised its net profit estimate to 15 billion yen (148.08 million dollars) from an initial projection of 35 billion yen.

The company cut its sales projection to 4.6 trillion yen from 4.8 trillion yen.

For the first six months through September, NEC estimated sales of 2.13 trillion yen, down from 2.15 trillion yen, while it saw a net profit of 2 billion yen from stock sales gains.

The company initially projected a 4-billion-yen loss. (dpa)


Sun-Damaged Skin Can Be Improved By Laser Treatment

Sun-Damaged Skin Can Be Improved By Laser Treatment According to the US researchers, sun-damaged skin can be improved by laser treatment. In this treatment a topical solution increases the skin’s sensitivity to light, and can improve the sun burnt skin.

Researchers at the University Of Michigan Health System Department Of Dermatology said that the worst damaged skin may also respond very well in this treatment.


One in four new UK teachers struggle to spell even simple words

London, Oct 22 : A new survey has revealed that one in four trainee teachers struggle to spell even simple words.

The finding was made after more than 11,000 teachers, who started at schools this year, failed a basic test.

The inability to spell was just another finding added to the shocking statistic that was revealed last year after a whopping 20,000 were found to be duffers in arithmetic.

The student teachers were given an online test, which they can do as many times as they like, or until they pass, and it was discovered from the first test itself that the number of failures was 16 per cent higher than seven years ago.


Beta-Blockers Increase Stroke, Death Risk

Beta-Blockers Increase Stroke, Death Risk  Patients who are taking beta-blockers before and at the time of undergoing non-cardiac surgery appears to have the highest risk of heart attack and death within a month of their surgery, a new research reveals.

“Prevention of these perioperative [around the time of surgery] cardiac complications continues to be the goal of intense research and investigations,” quote the author


US People Become ‘Carborexics’- Obsessive About Environment

A new survey reveals that the people of US become obsessed with their carbon footprints. Their extreme environmental awareness may create a generation of “carborexics”, warns Psychiatrists in US.

According to a new survey 7% of Americans qualify as ‘dark green’ and become hard core recyclers. The New York Times report describe their lifestyles that might considered as ‘carborexic’.


It’s official: Ice cream tastes better when licked than eaten from a spoon

It’s official: Ice cream tastes better when licked than eaten from a spoonWellington, Oct 22 : Ice cream tastes better when it''s licked from a cone than eaten from a spoon, according to an expert.

The question of whether ice cream tastes better from a cone than when eaten from a spoon was a tricky hypothesis to prove.

Now, Kay McMath, a sensory scientist from Massey University and chief judge for the New Zealand Ice Cream Awards, has provided a scientific explanation to support the idea that ice cream tastes better when it''s licked, reports the NZPA.


Weakened Czech leader faces no-confidence vote

Prague MapPrague - Prime Minister Mirek Topolanek's government faced a parliamentary confidence motion Wednesday, just as the Czech Republic prepares to take over the EU presidency in January.

The left-leaning opposition sought the vote on ousting the government after Topolanek's Civic Democrats, in power since January 2007, were weakened by a defeat in regional elections Saturday.


Drought-stricken island of Cyprus welcomes rain

Athens/Nicosia  - The drought-stricken island of Cyprus welcomed its first rain storm in recent months Wednesday which ended up causing flooding to many parts of the eastern Mediterranean island.

Heavy storms forced the closure of two main roads in the capital Nicosia and emergency crews were called in to evacuate more than 300 homes due to heavy flooding.

Cyprus, which is heavily reliant on rainfall for water supplies, is suffering one of the worst droughts and water shortages in the past 100 years.


Prosecutors launch investigation into Kurdish party leader

Ankara - Prosecutors on Wednesday launched an investigation into a speech made by the leader of the pro-Kurdish Democratic Society Party (DTP) in which he attacked the government's policy regarding the Kurdish issue, the Anadolu news agency reported.

"The policy of denial, assimilation and eradication has affected people. Only the Kurds resisted. They still resist," DTP leader Ahmet Turk told supporters in the south-eastern city of Diyarbakir.

The speech came after days of protests in south-eastern cities where Kurds angry at reports that Kurdish Workers' Party (PKK) leader Abdullah Ocalan had been mistreated in prison have held running battles with police.


Mugabe war veterans threaten Tsvangirai

Harare - The leader of President Robert Mugabe's notorious war veterans militia has threatened prime minister-designate Morgan Tsvangirai over his failure to turn up this week for a regional summit on the Zimbabwean crisis in Swaziland.

The meeting of the politics and security troika of the Southern African Development Community, the 15-nation regional alliance, was meant to discuss the five-week stalemate in the implementation of a power-sharing agreement between Mugabe's Zanu-PF and the two groupings of Tsvangirai's Movement for Democratic Change.

Tsvangirai refused to travel to the summit after Mugabe's regime refused to issue him with a new passport, giving him only an emergency travel document.


Spanish government wins support for budget despite crisis

Madrid - The Spanish government Wednesday won initial parliamentary support for its 2009 budget despite being accused of downplaying the impact of the country's deepening economic crisis.

The backing of two regionalist parties allowed the governing Socialists to reject amendments that several parties had proposed to the budget, which is still pending definitive approval.

The amendments were scrapped with 177 votes, while 170 legislators voted for them and one abstained.

The opposition conservatives have argued that the 1 per cent growth forecast the budget is based on is unrealistic, given that growth has plummeted from 3.8 per cent in 2007 to close to zero this year.


Samsung withdraws offer for memory card maker SanDisk

Seoul - South Korea's Samsung Electronics Co said Wednesday that it was scrapping its 5.85-billion-dollar bid for US memory card maker SanDisk Corp, citing its third-quarter loss and a partnership with Samsung's rival Toshiba Corp.

Lee Yoon Woo, Samsung's chief executive officer, said in a letter to SanDisk's board that the Milpitas, California-based company faced "uncertain earnings prospects," which could worsen with the downturn in the global economy and the outlook for the chip industry.

He added that the two companies had been in negotiations for half a year without making progress on a deal.


Palin criticizes Obama for advocating cross-border attacks in Pakistan

Sarah PalinReno (Nevada, US), Oct. 22 : Alaska Governor and Republican vice-presidential candidate Sarah Palin has criticized Democratic presidential candidate Barack Obama for advocating cross-border attacks into Pakistan without that nation''s approval, disparaging him for suggesting that the U. S. should engage in "invading the sovereign territory of a troubled partner in the war against terrorism."

Palin herself advocated invading the sovereignty of Pakistan, though she did not specify that the attacks would be without Pakistan''s approval. (ANI)


Supreme Court dismisses petition of convict of Nitish Katara murder case

Supreme Court dismisses petition of convict of Nitish Katara murder caseNew Delhi, Oct 22 : The Supreme Court on Wednesday dismissed a petition filed by Vikas Yadav, convicted for murdering Nitish Katara, seeking transfer of the appeal proceedings outside Delhi.

A bench of Justices Dalveer Bhandari and H S Bedi found no merit in the plea.

Vikas Yadav had pleaded that the appeal against his conviction in the Katara murder case should be heard either by the Allahabad High Court or any other High Court in the country barring the Delhi High Court.


Supreme Court declines plea for CBI inquiry into alleged nun''s rape case

Central Bureau of Investigation (CBI)New Delhi, Oct 22 : The Supreme Court on Wednesday declined to hand over to Central Bureau of Investigation (CBI) inquiry into the alleged rape of a nun in Orissa''s Kandhamal District by some Bajrang Dal activists.

A Bench headed by Chief Justice K G Balakrishnan said that at this stage we do not think that handing over the investigation into the case from the state police to the CBI is in the interest of the victim and in the interest of justice. We think that the victim will cooperate with the state police.


Praful Patel says Indian carriers to repay aviation fuel dues by March 2009

Praful PatelNew Delhi, Oct 22 : Civil Aviation Minister Praful Patel today said that India''s airline companies are to repay upto 28 billion rupees outstanding aviation fuel dues to state-run refineries by March 2009 in six monthly installments.


Hitler ''planned propaganda cable TV''

London, Oct. 22 : Nazi dictator Adolf Hitler was working on a Big Brother-style cable television propaganda industry to be broadcast across Germany.

According to The Telegraph, researchers for new Russian documentary recently re-examined plans for the system that were left behind by Soviet soldiers when they entered Berlin 1945.

The Orwellian screens would have been set up in public places and would show "people''s television", depicting how the Aryan race should live, with the Nazis focusing on news, sport and education.

Ideas included building rooms beside laundries so women could gather round the TV to watch the broadcasts.


Child abuse ups sexually coercive behaviour risk in men

Washington, Oct 22 : Boys with a history of childhood physical or sexual abuse are four times more likely to use sexually coercive behaviour against an unwilling female partner in later life, according to a new study.

The study led by Erin Casey, a University of Washington Tacoma assistant professor of social work, has found that victims of childhood abuse are at an increased risk of indulging in sexually coercive behaviour as adolescent or young adult.

"Although there can be physical force involved in sexual coercion, it more often involves such tactics as pressure, persuasion, insistence, manipulation and lying to have sex with an unwilling female partner," said Casey.


Raj Thackeray sent to 14-day judicial custody

MNS chief Raj Thackeray arrestedMumbai, Oct 22 : Maharashtra Navnirman Sena (MNS) chief Raj Thackeray has been sent to 14-day judicial custody till November 5 by a Kalyan court in connection with a case of attack against North Indians.

Raj’s lawyer said that they would apply for bail for the MNS chief. Meanwhile, the Railway Police have also reached the Kalyan court with a warrant in Raj’s name.


Government to bail out Austrian Airlines if privatisation fails

Vienna  - The Austrian government will have to rescue Austrian Airlines AG if the privatisation process fails, Transport Minister Werner Faymann said Wednesday, as he announced that there was one valid bid for the ailing flag carrier.

While Faymann left it open whether there was another, incomplete, offer, the government holding OeIAG said it would stick to its schedule and announce a decision Monday on the sale of its
42.75-per- cent stake in Austrian Airlines.

As the privatisation faced uncertainty, the price of Austrian Airlines shares crashed to 2.9 euros (3.9 dollars) on the Vienna stock market, a decline of 28.9 per cent from yesterday.


Finnish Nobel Peace laureate Ahtisaari to get stamp

Helsinki - A stamp featuring former Finnish president Martti Ahtisaari, winner of the 2008 Nobel Peace Prize, iss to be issued December 10, the Finnish Philatelic Centre said Wednesday.

The stamp will go on sale the day Athisaari receives his Nobel prize at a ceremony in Oslo. He is being honoured for his mediation efforts in international hotspots.

The stamp with Ahtisaari's portrait will be worth 0.80 euros (1 dollar), for first class mail within Finland and abroad, Liisa Oksanen of the philatelic centre said.

A stamp featuring Ahtisaari, who served as president 1994-2000, was already issued 1997 when he turned 60.


Merkel receives political boost from rescue plan

German party SPD anoints Steinmeier as Merkel challengerBerlin - Chancellor Angela Merkel's conservative political bloc has been given a boost by the government's 480 billion bank (650 billion dollars) rescue plan, a key opinion poll released Wednesday showed.

The weekly Forsa opinion poll, published in Stern magazine and on the RTL television station, showed Merkel's Christian Democrats and their Bavarian-based associate party, the Christian Social Union, gained 2 per cent to hit 37 per cent.


Indonesian police arrest five terrorist suspects

Jakarta  - Indonesian police said Wednesday they arrested five Muslim extremists suspected of plotting to attack a major fuel depot in the capital Jakarta.

National police spokesman Brigadier General Sulistyo Ishaq said anti-terror operations also netted bomb-making materials, weapons and ammunition during a raid Tuesday morning at a house in the North Jakarta suburb of Plumpang.

Ishaq said the explosives were a sophisticated version of those used in the 2004 Australian embassy bombing in Jakarta.

The five suspects were identified as Rusli Mardani, alias Wahyu Ramadhan, Nurhasani, alias Hasan, Imam Basori, alias Basar, Muntasir and Budiman, he said, adding that a manhunt was continuing for two other suspects.


Britain's Atheist Bus Campaign beats funding target

London  - Britain's first atheist advertising campaign has beaten its fundraising target in its first day, media reports said Wednesday.

The campaign, which was launched by the Guardian newspaper and supported by the British Humanist Association and atheist campaigner Professor Richard Dawkins, had received pledges worth more than 28,000 pounds (46,000 dollars) by Tuesday, five times the 5,500-pound target, the Guardian and Daily Telegraph dailies reported.

The money is to be used to advertise on buses in response to a similar campaign by fundamentalist Christians in June that featured a website which said all non-Christians would burn in Hell for eternity, according to the British Humanist Association's website.


Man says he was cured by Elephant-shaped Ganesh plant

New York, Oct 22 : Many would pass the purple flower that sprouted between two concrete slabs in a Queens backyard as another unwanted weed, but Jamaican resident Sam Lal thinks that the plant resembling Lord Ganesh holds holy powers.

He claims that the growth of unusual amaranth plant has cured his back ailments.

The plant, which is not native to the area, has a trunk that resembles the elephant-headed god.

And now Lal, a Hindu by religion, is seeing an inundation of neighbours and friends to have a glimpse of the almost four-foot-tall flower that started growing in August.

Lal, 60, claimed that it was the flower that relieved him of the pain due to a bone spur near his spine and bulging discs in his neck.


Lawmakers, citizens are jubilant over successful launch of Chandrayaan-1

New Delhi, Oct 22 : The lawmakers and citizens today felt proud and hailed scientists for the successful launch of Chandrayaan-1.

Lawmakers while talking to reporters here congratulated the scientists who were involved in the project.

"We are extremely happy with the success reached in this milestone space programme .We warmly congratulate all the scientists and everybody who was involved in the project," said Brinda Karat, Politbureau Member Communist Party of India (Marxist).

Union Minister for Science and Technology Kapil Sibal said that it''s a historic achievement for the country and everybody should be proud of it.


Shivraj Patil condemns Imphal blast

Manipur, ImphalNew Delhi, Oct 22 : Union Home Minister Shivraj Patil today condemned last evening blast in Imphal in which 17 people were killed and 34 other injured.

In his message, the Home Minister said, "I condemn the bomb blast which took place in Imphal. I convey my condolences to the bereaved families and pray for quick recovery of the injured."


US military chief concludes mission to boost Baltic confidence

Riga/Vilnius - The chairman of the US joint chiefs of staff Admiral Michael G Mullen was in the Lithuanian capital, Vilnius, Wednesday at the end of a brief but highly symbolic visit.

He had talks with President Valdas Adamkus less than a day after his eight-car motorcade cut a swathe through Riga's evening rush hour to drop him at Riga castle to see Latvian president Valdis Zatlers.

Mullen's Baltic detour came immediately after the conclusion of talks in Helsinki where top military leaders from the United States and Russia met Tuesday for the first time since this summer's war between Russia and Georgia.


Ugandan rebels sold abducted children to fight in Darfur

Kampala  - Most of the estimated 30,000 children abducted by Ugandan rebels of the Lord's Resistance Army (LRA) during its two- decade-long war with the government were sold to fight in Sudan's restive Darfur province, Uganda's Daily Monitor reported Wednesday.

The children were first forced by the LRA to fight and commit atrocities. Afterward, they were sold to various rebel armies in Darfur to fight or to serve as sex slaves, the newspaper quoted Stephen Kagoda, permanent secretary in the Ministry for Internal Affairs, as telling parliament.


Praful Patel says Indian carriers to repay aviation fuel dues by March 2009

New Delhi, Oct 22 : Civil Aviation Minister Praful Patel today said that India''s airline companies are to repay upto 28 billion rupees outstanding aviation fuel dues to state-run refineries by March 2009 in six monthly installments.

Talking to reporters after meeting with Petroleum and Natural Gas Minister Murli Deora, Patel said that oil firms have agreed to raise the credit period for local carriers to 90 days from 60 days, and refineries would revise jet fuel prices every 15 days instead of 30 days.


Self-assembling nano-fibre gel for delivering drugs in high concentrations

Washington, Oct 22 : A research team, involving an Indian origin scientist, has developed a new self-assembling hydrogel drug delivery system that can ill not only deliver clinically approved drugs in high concentrations, but also do away with any toxic residue in the process.

Developed by scientists from Harvard-MIT Division of Health Science and Technology (HST) at Brigham and Women''s Hospital, the system is biocompatible, efficient at drug release, and is also easy to tailor.

The structures will do way with carriers for the drug or generating toxic components—a problem encountered with hydrogel systems until now.


Political scientist predicts significant gains for Democrats

US Democratic-PartyWashington, Oct. 22 : A political scientist has predicted significant gains for the Democratic Party in the 2008 congressional elections—including 11 seats in the U. S. House of Representatives and three seats in the U. S. Senate.

Carl Klarner of Indiana State University published his forecast in the October 2008 issue of PS: Political Science and Politics, a journal of the American Political Science Association (APSA).

The House and Senate forecasts were made in late July 2008, and Klarner’s model focuses on the percent of the major-party vote that the Democratic candidate received in a state or district.


Now, 3-D doppler ultrasound will detect breast cancer

Washington, Oct 22 : Radiologists can now use three-dimensional (3-D) power Doppler ultrasound to differentiate between malignant and benign breast cancer cells, according to a new study.

Usually, malignant breast masses have increased blood flow compared to normal tissue or benign masses.

The study has found that using 3-D power Doppler ultrasound can make it is possible to detect vessels with higher flow speeds, which likely indicate cancer.

"Using 3-D scans promises greater accuracy due to more consistent sampling over the entire tumor," said lead author, Gerald L. LeCarpentier, Ph. D., assistant professor in the Department of Radiology at University of Michigan in Ann Arbor.


U2 signs $1billion deal with Live Nation

Melbourne, Oct 22 : Irish rock band U2 has signed a billion-dollar deal with concert promoters Live Nation, which could earn them more than 500 million dollars in shared revenue.

The deal, which is for 12-years, entitles them to 1.56 million shares in the company worth around 10 million, and it would mean their frontman Bono will be 60-years-old before he finishes touring.

Along with handling the band’s tours, Live Nation will also handle merchandising, digital and branding rights and run their website and fan club.

The company first worked with The Joshua Tree hitmakers in Toronto in 1980, and have been organising their live events since 1997.


Japan non-committal on civil nuclear cooperation with India

JapanTokyo , Oct 22 : Japan today appeared non-committal on civil nuclear cooperation with India even as the two countries agreed that atomic power could play an important role as a sustainable and non-polluting source of energy in meeting the growing global demands.


Enrique’s plane forced to make emergency landing

London, October 22 : Enrique Iglesias, who was onboard a private plane, had to make an emergency pit stop owing to the plane’s engine trouble.

The Spanish singer, who was his way to Europe for the promotion of his ‘Greatest Hits’ album, reportedly had an air-scare when the jet’s engine ran into trouble and had to make an emergency landing at the Luton Airport in the UK.

The pop icon’s spokesperson reassured fans with an official statement ensuring the safety of the star and others on board.

“Yesterday Enrique Iglesias’s plane made an emergency landing at Luton Airport in the UK,” the Mirror quoted him as saying.


Raj Thackeray gets bail till Oct. 24 in Kalyan case

Raj Thackeray Mumbai, Oct 22 : Maharashtra Navnirman Sena (MNS) chief Raj Thackeray has been granted bail till October 24 after a Kalyan court sent him to 14-day judicial custody till November 5 in connection with a case of attack against North Indians.

Meanwhile, the Railway Police is also seeking custody of Raj Thackeray in a case related to destruction of property and have reached the Kalyan court with a warrant in Raj’s name.


Pranab says Sri Lanka Govt. has been told to protect rights of Tamils

Pranab MukherjeeNew Delhi, Oct 22 : The Union government has said that it has asked Colombo to ensure that the rights of Tamils in Sri Lanka do not get enmeshed in the hostilities and that their safety is not compromised after serious concern were raised over deteriorating humanitarian situation in the island nation.

External Affairs Minister Pranab Mukherjee said in Lok Sabha today that Colombo has assured New Delhi that the safety and well being of the Tamil community there would be taken care of.


US: Policy of isolating Syria to stay; concern heightened

Cairo - The US will not review its policy of isolating Syria because Damascus has not moved far enough to allay US fears over its role in the Middle East, US Assistant Secretary of State for Near Eastern Affairs, David Welch, said in an interview Wednesday.

Syria's move to establish diplomatic relations with Lebanon is "a start" but is not enough to convince Washington to change its policy, Welch told the pan-Arab London-based Asharq al-Awsat newspaper.

In mid-October Syria initiated diplomatic ties with Lebanon for the first time since independence 60 years ago.


Vietnam economy hit by falling demand for exports

Hanoi - Vietnam is isolated from losses linked to toxic US subprime mortgage loans but the global economic crisis they have unleashed is hitting its export markets, government officials said Wednesday.

The Trade and Industry Ministry projected the country would earn 15.7 billion dollars from exports in the fourth quarter, or roughly 5 billion dollars for each remaining month of the year. That figure represents a drop from the recent monthly average of more than 6 billion dollars as demand for key exports drops.

Producers and exporters are reporting that prices of exports such as rubber, coffee, pepper, rice and seafood are falling.


Larijani criticizes US policies on Mideast, Iraq

Manama, Bahrain - Iran's speaker of parliament Ali Larijani, in an interview published in Bahrain on Wednesday, criticized US policies on the Middle East conflict and the situation in Iraq.

"The West needs to reconsider what they say. The top US diplomat Condoleezza Rice, during the Israeli aggression against Lebanon which lasted 33 days, described the war as 'the birth pangs of a new Middle East'," Larijani was quoted as saying by Al Wasat.

"As a woman who did not try the experience of pregnancy she seems to not have known that a birth needs longer time than that."


Nippon Oil buys controlling stake in ItalSing Petroleum

Singapore - Singapore Petroleum Company Limited and Eni International B V, equal joint venture partners in ItalSing Petroleum Company Pte Ltd, Wednesday sold a combined 55 per cent stake in ItalSing to Nippon Oil (Asia) Pte Ltd of Japan.

SPC and ENI will each continue to hold 22.5 per cent in ItalSing Petroleum, SPC said in a statement.

Nippon will continue to use the ItalSing facilities to manufacture and blend lube oils for the local and overseas markets.

"With Nippon Oil's global lubricant networks and markets, ENI and SPC look forward to working with Nippon Oil to create and enhance the value of our joint investment in ItalSing," SPC chief executive officer Koh Ban Heng said.


24 drown in boat mishap in Bihar

BiharKhagaria (Bihar), Oct 22 : At least twenty-four women were drowned when an overcrowded boat capsized in Bihar''s Khagaria district today.

According to police, the boat carrying the women to the other side of the river for cutting grass overturned, drowning them in the midstream near Dudhela village under Pasraha police station.

All the victims were residents of Dudhela and Budhnagar villages. (ANI)


Merkel opposes G8 expansion, spokesman says

Merkel urges better crisis management for financial sector Berlin - German Chancellor Angela Merkel opposes an expansion of the Group of Eight (G8) to embrace nations such as India and China, her spokesman said Wednesday in Berlin.

"She doesn't see an institutional expansion into a G9, a G12, a G15 and so on as the philosopher's stone," said deputy government spokesman Thomas Steg.


Vienna stock exchange to take over Prague bourse

Vienna  - The Vienna Stock Exchange AG is expanding its reach in Central and Eastern Europe, as it has agreed to take over a majority of the Prague Stock Exchange.

"We agreed on the general terms of sale," Beatrix Exinger, spokeswoman of the Vienna bourse, was quoted by Austrian news agency APA on Wednesday.

The Prague stock exchange is valued at between 200 million and 400 million euros (268 million to 537 million dollars), but Exinger said the sale price was still to be negotiated.

Vienna could take over up to 90 per cent of the Prague exchange, according to Czech media reports.


US joins EU's legal mission to Kosovo

Serbia, KosovoBrussels - The United States formally joined the European Union's rule-of-law mission (EULEX) in Kosovo on Wednesday by offering 80 police officers and "up to" eight judges and prosecutors to the 3,000-strong operation, officials said.

"The European Union and the United States have a common desire to work together to support the development of Kosovo's democratic standards," a joint statement issued at a signing ceremony in Brussels read.


24 people drown in India boat accident

BiharNew Delhi  - At least 24 people including 23 women were drowned when an overcrowded boat capsized in India's eastern state of Bihar on Wednesday, police said.

The boat ferrying 28 agricultural workers capsized on a small river in Khagaria district located over 200 kilometres east of state capital Patna.


Five killed, nine injured in attacks in Iraq

Baghdad, iraqBaghdad  - Five people were killed and nine injured in attacks in Mosul and Baghdad Wednesday.

In western Mosul, four civilians were killed and three injured in a car bomb explosion, a police source said. He told the Voices of Iraq (VOI) news agency that the explosion occurred in the al-Thawra neighborhood.

Mosul, the capital city of Nineveh, lies 405 kilometres north of Baghdad.


Afghan foreign minister confirms talks with Taliban in Saudi Arabia

Islamabad, PakistanIslamabad  - Afghan Foreign Minister Rangin Dadfar Spanta confirmed for the first time Wednesday that his government had held talks with Taliban representatives in Saudi Arabia.

But he warned that the reconciliation process would move ahead only if militants were "ready to put down their weapons," accept the Afghan constitution and "live a peaceful life."

"But we are at the beginning of the process," he told reporters in Islamabad after a meeting with his Pakistani counterpart Shah Mahmood Qureshi. He declined to give any details of the talks.


Berlin affirms Afghan mission after two soldiers die

Kabul, AfghanistanBerlin  - Germany affirmed its military operations in Afghanistan on Wednesday, two days after a Taliban suicide bomber killed two German soldiers and five Afghan children in the northern city of Kunduz.

"Reconstruction in Afghanistan is impossible without security," government deputy spokesman Thomas Steg said.

He said German Chancellor Angela Merkel had sent condolences to the families of all seven bomb victims.


Airports of Mozambique chief held on suspicion of fraud

Maputo, MozambiqueMaputo  - The chief executive of Mozambique's state-owned airport management company Aeroportos de Mocambique (AdM) was being held by police Wednesday on suspicion of defrauding the company of millions of dollars.

Diodino Cambaza, 44, was arrested late Tuesday, after an investigation by the attorney general found evidence that Cambaza and several other board members, including the chief financial officer, had swindled company funds since 2005 when he was sworn in as the new chairman.

The financial officer was also arrested.


Firefighters free naked burglar, hunt runaway hamster in Britain

UK FlagLondon- Firefighters in Britain had a couple of interesting encounters on Wednesday: a naked burglar stuck in a chimney and a runaway hamster.

The burglar had to be freed from a chimney at a supermarket in Wigan near Manchester in northern England.

The 22-year-old suspect, who had lost his clothes trying to squeeze his own way out, was treated in hospital, reports said.


Boeing Q3 profits plunge 38 per cent amid strike costs

BoeingNew York  - US aerospace giant Boeing reported Wednesday that its third-quarter net income fell 38 per cent year-on-year to 695 million dollars, as the company was hit by the costs of a protracted machinists' strike.

Earnings per share in the period came to 0.96 dollars, down 33 per cent from the third quarter last year, with Boeing also citing the costs of supplier production problems on customer-furnished galleys for some wide-bodied planes.


Meet Patna’s ‘Dr. Shoemaker’

Patna , Oct. 22 (ANI): Many residents in Patna enjoy addressing a cobbler as ‘Doctor’, for he is quite popular for his expertise in mending all types of footwear.

Many of his customers say that he handles shoes like a surgeon handles a human body.

Doman Das, in his mid-fifties, is adept at handling all kinds of footwear related problems. His shop attracts attention due to its unusual name ‘Shoe Clinic’.

Apart from mending footwear, ‘Dr.’ Doman Das is also known for making best quality shoes. He has been into this profession for last 40 years. He prepares shoes as per client’s desire and requirement.


Russia mulls oil reserves as prices drop, OPEC chief in Moscow

OPECMoscow  - Russia said Wednesday it could start an oil reserve as part of an effort with OPEC countries to bolstered prices down by half since July peaks.

OPEC Secretary General Abdullah al-Badri met with President Dmitry Medvedev on a two-day visit to coordinate policy with Moscow Wednesday before an emergency session of oil-exporting countries in Vienna Friday to discuss stop-gap measures to halt plummeting prices.


Border disputes discussed as Vietnam premier visits China

Hanoi, VietnamHanoi - Vietnamese Prime Minister Nguyen Tan Dung met with Chinese leaders Wednesday in Beijing to discuss borders and seek to strengthen often-strained ties with China, government officials said.

Dung, his wife and a high-ranking government delegation arrived in Beijing Tuesday for his first official visit to China and the seventh Asia-Europe Meeting, which is to be held Friday and Saturday.


People in violence hit north Assam seek peace and harmony

Guwahati, AssamGuwahati , Oct. 22 : The recent violence in Udalguri and Darrang districts of north Assam has left local residents of the region, devastated. The victims of the communal riot appeal all to restore peace and harmony to let the normal life resume.

Lamenting the ugly turn of the event, Bodos and Muslims, among whom the riot took place, doesn’t deny the hand of local militants behind the communal violence.


Lucknow zoo in search of right mates

Uttar PradeshLucknow, Oct. 22 : Authorities at a Lucknow zoo are faced with an unusual problem after observing that many animals at the zoo don’t have fellows to pair. Hence, they are exploring possibilities of exchange programme for help the creatures at the zoo.

Presently, the zoo officials wish to ensure pairing of animals under their care since a majority of the animals here are starved of partners.


Chandrayan-I brings great cheer to residents of Mogltur Village in Andhra Pradesh

Chandrayaan-1 Mission Mogaltur (Andhra Pradesh), Oct. 22 : Residents of Mogaltur Village in Godavari District of Andhra Pradesh are proud of themselves since one of their fellow residents is today in news for contributing to the launch of Chandrayan-I.


Yushchenko calls for a defence of Ukraine's currency

Kiev, Ukrain MapKiev- President Viktor Yushchenko on Wednesday called for a tougher defence of the Ukrainian currency the hryvna, as the national bank conceded it could not prop it up at previous levels in the face of mounting bad economic news.


Mohamed al-Fayed "questioned over sex assault case"

Mohamed al-FayedLondon - The Egyptian millionaire owner of the Harrods department store in London, Mohamed al-Fayed, has been questioned by police over allegations of sexual assault, British media reports said Wednesday.

They said the 75-year-old father of the late Princess Diana's friend, Dodi, had voluntarily subjected himself to questioning over reported claims that a 15-year-old girl was sexually assaulted at business premises in central London last May.

The reports said al-Fayed had not been detained. They quoted police as confirming that a man had been questioned in the case, but the police declined to identify him.


Britain's Brown says UK recession likely

gorden brownLondon - British Prime Minister Gordon Brown on Wednesday, for the first time, acknowledged that Britain faces a recession.

"We must now take action on the global financial recession which is likely to cause recession in America, France, Italy, Germany, Japan and, because no country can insulate itself from it, Britain too," said before parliament.


Gorbachev becomes great-grandfather

Mikhail GorbachevBerlin  - Mikhail Gorbachev, 77-year-old last president of the Soviet Union, has become a great-grandfather, with his granddaughter Xenia giving birth to a baby girl, a German hospital said Wednesday.

The 3.91-kilogram child was born at Agatharied in Bavaria state. Agatharied said mother and child were both well. The former president heads his own foundation in the Russian capital Moscow. (dpa)


Estonia in recession until 2010, says central bank

Estonia in recession until 2010, says central bank Tallinn - The Estonian economy is set to remain in recession until 2010 according to a forecast published Wednesday by the Estonian central bank, Eesti Pank.

According to the base scenario of Eesti Pank's 2008 autumn forecast, Estonia's gross domestic product will decline by 1.8 per cent in 2008 and by 2.1 per cent in 2009.

The economy should pick up again either at the end of 2009 or at the beginning of 2010, resulting in an average economic growth rate for 2010 of 3 per cent, Eesti Pank believes.


Austrian incest father Josef Fritzl says he was "born to rape"

Populist touch and media buoy Social Democrat FaymannVienna - Austrian incest suspect Josef Fritzl has said he was "born to rape," according to a report by a court-appointed psychiatrist who probed the mind of the man who had kept his his daughter locked in a dungeon for 24 years.


Baltic markets back on the slide

Baltic markets back on the slideRiga  - The three Baltic stock exchanges weakened Wednesday, resulting in drops across the board at the close of trading.

The NASDAQ OMX Tallinn exchange closed down 3.29 per cent, Vilnius was down 3.36 per cent and the smallest of the exchanges in Riga dipped 0.05 per cent.

The Baltic Benchmark Index (BBI) which includes data from all three exchanges, closed down 3.40 per cent, at 311.25.

Biggest losers of the day were Estonian cable communications company Starman, down 15.15 per cent, closely followed by Lithuanian alcoholic drinks manufacturer Vilniaus Degtine, down 15 per cent. (dpa)


Government's Stand to Be Considered In RIL and RNRL Dispute

Government's Stand to Be Considered In RIL and RNRL DisputeIn a new development, in the Reliance Industries (RIL) versus Reliance Natural Resources Ltd (RNRL) case on sharing the natural gas from the KG basin fields, the division bench of the Bombay High Court has allowed the intervention of the government in the case.


Norwegian Sovereign Wealth Fund to Bring in $2 billion in India

The Bombay Stock Exchange has been falling drastically since the start of year 2008. The markets have slipped by  50% . The BSE Sensex closed at 10,169 on Tuesday after losing 513 points. Despite the situation, the Norwegian Sovereign Wealth Fund (SWF) has declared an investment of $2 billion (Rs 9,772 crore) in India, mainly in equities, over the next two months.

The Deputy Secretary General of the Norwegian Finance Ministry Thorvald Moe stated that India's weight age had been increased to 0.94% from the previous 0.2%. This welcome investment has come at a time when the Foreign Institutional Investors (FII) have taken away $11.2 billion from the Indian stocks since January.


ISRO Congratulated for Successful Launch

ISRO Congratulated for Successful LaunchWith successful launch of its first maiden Moon Mission Chandrayaan-1, India has become one of only six countries in the world to have achieved this extraordinary space mission.

The Indian Space Research Organization (ISRO) launched Chandrayaan-1 into the Earth's orbit at 6:30 am today through its warhorse rocket PSLV C-11.


US presses Iraq on military forces pact - more bombings

US presses Iraq on military forces pact - more bombings Baghdad - Bombings claimed several lives across Iraq Wednesday as the Iraqi and US governments haggled over an agreement to keep US forces in Iraq. Without the agreement, the US government says, violence could increase in Iraq.

Washington is increasing pressure on Baghdad to sign off on the agreement without amendments, according to Al-Sabah, an Iraqi newspaper close to the administration.

It reported Wednesday that US diplomats and military officials had "begun a massive campaign to convince sceptical members of the administration."


German lodges pre-Holocaust roll at Yad Vashem

Berlin - Berlin is to lodge with the Yad Vashem Holocaust memorial the most complete possible roll of names of Jewish residents of Germany from 1933 to 1945, a foundation said Wednesday.

Compiling the list was a major work of scholarship, with archivists combing more than 1,000 sources to compile the list of 600,000 names and record what became of each person.

Chancellor Angela Merkel's top culture aide, Bernd Neumann, and the head of a reparations foundation, Martin Salm, are to hand over the documents in Jerusalem on Thursday.

The study follows a 1986 compilation, revised in 2005, of the names of the 150,000 German Jews killed in the Holocaust. A greater number of German Jews managed to flee. The Nazis killed 6 million European Jews.


GlaxoSmithKline posts stronger Q3 earnings and sales

GlaxoSmithKline posts stronger Q3 earnings and sales London - British pharmaceuticals concern GlaxoSmithKline reported Wednesday that it managed to boost profits and sales in the third quarter despite the challenge posed by generic drugs.

GlaxoSmithKline said it earned 25.2 pence per share in the quarter, up from 23.7 pence in the corresponding period last year. Sales gained 7 per cent to 5.88 billion pounds.

The company said the weaker pound sterling had helped boost sales, in turn lessening the effects of the challenge posed by cheaper generic drugs.


French shares follow Wall Street down

French shares follow Wall Street down Paris - Following big losses on Asian markets overnight and a weak opening on Wall Street, French shares were sharply lower on Wednesday.

In mid-afternoon trading, the Paris Bourse's benchmark CAC 40 was down 3.96 per cent, to 3,337.87, with only two of its 40 listed stocks gaining ground.

Industrials were the hardest-hit, with steel-makers Vallourec and ArcelorMittal off by 9.5 and 7.4 per cent, respectively, and transport manufacturer Alstom losing 9.3 per cent.


Weakened Czech leader faces no-confidence vote

Weakened Czech leader faces no-confidence votePrague - Prime Minister Mirek Topolanek's government faced a parliamentary confidence motion Wednesday, just as the Czech Republic prepares to take over the EU presidency in January.

The left-leaning opposition sought the vote on ousting the government after Topolanek's Civic Democrats, in power since January 2007, were weakened by a defeat in regional elections Saturday.

Political tension in the Central European nation is running high over the government's 2009 budget and before Senate run-off elections starting Friday that could bring more losses for the premier.


Zimbabwe firefighters strike for food

Zimbabwe firefighters strike for foodHarare - Firemen in Zimbabwe's capital, Harare, are so hungry they have gone on strike, according to state media.

The state-controlled daily Herald reported that firemen downed their hoses on Tuesday after their employer, the Harare city council, stopped issuing them with food while at work.

"Only two firefighters and two officers reported for work yesterday (Tuesday)," the Herald said. "The officers alleged that the city had reneged on an arrangement to provide them with food while on duty."


Cypriot leaders discuss power-sharing issues

Cypriot leaders discuss power-sharing issues Athens/Nicosia - Greek and Turkish Cypriot leaders met on Wednesday to discuss power-sharing and governance in the latest round of talks on ending their decades-old conflict and reuniting the island.

It was the sixth meeting between Cyprus President Dimitris Christofias and Turkish Cypriot leader Mehmet Ali Talat since they launched a new round of peace talks on September 3. The two leaders are scheduled to meet again on November 3.


Afghan foreign minister confirms talks with Taliban

Islamabad - Pakistani Foreign Minister Shah Mahmood Qureshi said on Wednesday that his Afghan counterpart Rangin Dadfar Spanta had confirmed his government had held talks with Taliban representatives in Saudi Arabia.

"Mr Spanta shared with me that, yes, there was an informal contact between the Afghan government and Taliban that took place between some clergymen from Afghanistan and some elements from the previous setup (Taliban regime) in Afghanistan," he told reporters in Islamabad in a joint press briefing with Spanta.

Spanta said the reconciliation process would move ahead only if militants were "ready to put down their weapons," accept the Afghan constitution and "live a peaceful life."


Global financial summit set for November 15 in Washington

Global financial summit set for November 15 in Washington Washington - A summit of leaders from the world's 20 leading economies will be held on November 15 in the US capital to tackle the ongoing financial crisis and discuss reforms to prevent a credit collapse from ever happening again, the White House announced Wednesday.

White House spokeswoman Dana Perino said President George W Bush had invited leaders from the Group of 20, a bloc that combines advanced and developing economies, to discuss the "underlying causes of the financial crisis and ... principles for reform." (dpa)


Pakistan seeking our help to rescue economy, IMF confirms

Islamabad - The International Monetary Fund (IMF) confirmed Wednesday that Pakistan had sought help to tackle the financial crisis the Islamic militancy-hit country is currently seeing.

"The Pakistani authorities have requested discussions with the IMF on an economic program supported by financial assistance from the Fund to meet the balance of payments difficulties the country is experiencing as a result of high food and fuel prices and the global financial crisis," said Dominique Strauss-Kahn, Managing Director of the IMF.


4.5 billion dollars pledged at Georgia donors' conference

Brussels - Georgia was Wednesday promised a higher-than- expected 4.55 billion dollars in aid over the next three years to help it recover from its 5-day war with Russia.

Pledges were made by some 40 countries and 15 international organizations attending a donors' conference in Brussels.

The total far exceeded the 3.2 billion dollars that the World Bank had estimated Georgia would need to rebuild its infrastructure, settle its refugees and get its economy back on track.


Nine Afghan soldiers, over 40 Taliban killed in attacks

Kabul - US-led coalition forces mistakenly bombed an Afghan national army position in Khost province early Wednesday and killed at least nine soldiers, while more than 40 militants and three police were killed elsewhere in the country, officials said.

The airstrike occurred in Sayedkhail district of the south-eastern province of Khost when a coalition convoy was returning from an operation, the US military said in a statement.

"Initial reports from troops on the ground indicate that this may be a case of mistaken identity on both sides," the statement said.


Global financial summit set for November 15 in Washington

Washington - An emergency summit of leaders from the world's 20 leading economies will be held on November 15 in the US capital to tackle the ongoing financial crisis threatening to plunge the world into recession, the White House announced Wednesday.

President George W Bush has been on the telephone inviting leaders from the Group of 20, a bloc that includes advanced and developing economies, to Washington to "review progress being made to address the current financial crisis," White House spokeswoman Dana Perino said.


Abbas sacks intelligence chief ahead of Fatah-Hamas talks

Abbas sacks intelligence chief ahead of Fatah-Hamas talks Ramallah - Palestinian President Mahmoud Abbas has sacked his chief of intelligence, Tawfiq Tirawi, officials at his office confirmed Wednesday.

Abbas issued a presidential decree, appointing Tirawi, 61, a security advisor to the president with the rank of minister, said the officials, who spoke on condition of anonymity because they are not authorized to speak to the media.

Tirawi will also continue to serve as director of the Jericho- based security academy he helped set up with European assistance two years ago


UN reports calm in Gaza and southern Israel, with few incidents

New York - The United Nations reported Wednesday that the calm brokered by Egypt was holding in the last month in Gaza Strip and southern Israel despite some incidents, including a rocket fired into the Negev this week.

B. Lynn Pascoe, the UN undersecretary general for political affairs, said in a monthly report to the UN Security Council that Israel closed border crossings between Gaza and Israel in retaliation for the rocket attack on Tuesday.

The number of truckloads of imported goods allowed into Gaza decreased in the last month and the number of people allowed into Israel for medical treatment fell by 38 per cent.


Sweden to halt adoption programme with Vietnam

Stockholm - The Swedish government is set to halt an adoption programme with Vietnam over fears of irregularities, reports said Wednesday.

The pending cabinet decision, due Thursday, is based on evaluations that suggest that biological parents were not always aware their children were put up for adoption and were sometimes offered cash for their children.

Health and Social Affairs Minister Goran Hagglund told Swedish radio news that there were "disturbing signals" that not all adoptions from Vietnam were permissible.

The current agreement with Vietnam is due to expire in the autumn of 2009.

Hagglund said there were no signs that Vietnam was willing to admit to the problems.


Government to bail out Austrian Airlines if takeover fails

Vienna - The Austrian government will have to rescue Austrian Airlines AG if the privatisation process fails, Transport Minister Werner Faymann said Wednesday, as he announced that there was one valid bid for the ailing flag carrier.

Neither Faymann nor the government holding OeIAG said whether the German airline Deutsche Lufthansa AG had submitted the offer for the 42.75-per-cent stake in Austrian Airlines that is held by OeIAG.

Although French-Dutch carrier Air France-KLM announced Tuesday their withdrawal from the bidding process, analysts said that OeIAG could decide Monday to give Lufthansa and Air France another month or so for their offers.


T-Mobile starts selling the Googlephone

San Francisco - The so-called Google-phone went on sale for the first time in cities across the US Wednesday, offering the strongest competition yet to the dominance of Apple's iPhone.

German-owned carrier T-Mobile began offering the G1, made by Taiwan's High-Tech Computer (HTC), in cities where T-Mobile's 3G service is available, including Boston, Chicago, Dallas, Los Angeles, Minneapolis, New York, and Seattle. The company made its first retail sale of the G1 Tuesday evening in San Francisco.

Along with 3G support, the G1 features a touch screen, a full QWERTY keyboard, and GPS, Wi-Fi, and Bluetooth connectivity.


Blast in south-eastern Nepal wounds eight people

Kathmandu - A bomb went off in a busy government office in south-eastern Nepal on Wednesday, wounding at least eight people, police said.

The bomb targeted land revenue office in the regional town of Janakpur, about 250 kilometres south-east of the Nepalese capital Kathmandu, at a time when the office was crowded with people.

The police said the blast was caused by an improvised explosive device that was hurled at the office by two men on a motorcycle.

Three of the injured, including a government employee, were in serious condition, the police said.

A rebel group calling itself Janatantrik Terai Mukti Morcha (JTTM) claimed responsibility for the attack.

Police said they were investigating the incident.


Iranian Speaker to visit Nasrallah, Saudi newspaper says

Beirut - Iranian speaker of parliament Ali Larijani is to travel to Iraq and Lebanon in the next few days, according to a report published by the Saudi Arabian daily Al-Watan on Wednesday.

Larijani will convey messages from Iraqi Ayatollah Ali Sistani to Hezbollah Secretary General Sheikh Hassan Nasrallah, the daily quoted unnamed sources from Iran as saying.

The sources said that the letter carried by Larijani, who is currently visiting Manama, revealed Sistani's position on the security agreement between Iraq and the United States.


Merkel to raise human-rights issue in Beijing

Berlin - Chancellor Angela Merkel is to raise human-rights issues when she speaks to Chinese leaders, one of her spokesman said Wednesday before she departed for Beijing.

Deputy spokesman Thomas Steg said meetings with Chinese Prime Minister Wen Jiabao and President Hu Jintao as well as with civic groups would offer an occasion to do so.

"She'll bring it up," he said.

The trip to attend the ASEM summit between European and Asian nations will be Merkel's third to China as chancellor.


Weakened Czech leader survives no-confidence vote

Weakened Czech leader survives no-confidence vote Prague - Prime Minister Mirek Topolanek's government survived a parliamentary confidence motion Wednesday, just as the Czech Republic prepares to take over the EU presidency in January.

The left-leaning opposition was five votes short in the 96-97 vote, the fourth failed effort to topple the ruling coalition since it came to power in January 2007.

The main opposition Social Democrats needed 101 votes in the 200-seat lower house to oust Topolanek's center-right cabinet.


Austria to spend 2.9 billion euros to stimulate economic growth

Vienna - The Austrian government decided Wednesday to spend a total of 2.9 billion euros (3.9 billion dollars) on an economic stimulus package focused on medium-sized business and infrastructure projects.

In 2009 and 2010, around 1 billion euros will be allocated each year to an investment fund for medium-sized companies, the government announced. The money will also be used to finance small loans.

Faced with slowing economic growth, politicians "should not discuss, but act fast," Infrastructure and Transport Minister Werner Faymann said after the cabinet meeting where the measure was decided upon.


French shares end sharply lower as Wall Street plunges

Paris - Following big losses on Asian markets overnight and a weak performance on Wall Street, French shares closed sharply lower on Wednesday.

The Paris Bourse's benchmark CAC 40 ended the session down 5.1 per cent, to 3,298.18, with only one of its 40 listed stocks gaining ground.

Drinks giant Pernod Ricard led the declining issues, giving up 13.62 per cent, to 42.26 euros.

Industrials were the hardest-hit sector, with transport manufacturer Alstom losing 12.84 per cent, to 38.60 euros, and steel-makers ArcelorMittal and Vallourec off by 10.06 and 9.81 per cent to, respectively, 19.26 euros and 79.45 euros.


McDonald's grows fat on lean times, in Europe too

McDonald's grows fat on lean times, in Europe too Washington - The world's largest restaurant chain McDonalds is growing fat on lean times, reporting Wednesday an 11 per cent rise in third quarter profits compared to the same period last year.

Cheap one-dollar cheeseburgers and other dollar-menu items brought in more consumers who are stretched by higher food costs at grocery stores and other restaurants, according to the company's statement.

Earnings rose to 1.19 billion dollars, compared with 1.07 billion dollars a year ago, the Oak Brook, Illinois-based company said.


US expert: Al-Qaeda has nuclear ambitions, not capabilities

Rome - Al-Qaeda has become the world's "first terrorist nuclear power without demonstrating possession of a single nuclear weapon," according to US expert Brian Jenkins.

A senior advisor at the US think-tank, the Rand Corporation, Jenkins was commenting Wednesday on remarks made this week by US Central Intelligence Agency (CIA) chief, Michael Hayden, that al-Qaeda is "the CIA's top nuclear concern."

"The CIA director based his assessment on intentions rather than capabilities," Jenkins, author of a new book Will Terrorists Go Nuclear?, said in an interview with Rome-based news agency Adnkronos International (AKI).


Merkel coaxes states to spend more on education

Dresden, Germany - Germany's ailing education system, which has come under fire because of the high number of dropouts, is to win a cash infusion, Chancellor Angela Merkel said Wednesday after meeting state premiers.

Merkel has picked education as a strategic focus for Germany after a series of damning reports from the Organization for Economic Cooperation and Development 
(OECD).

The education summit in Dresden agreed to aim at lifting the proportion of each age cohort which attends university from 35 per cent now to 40 per cent.

The proportion of German economic output to be spent on education and scientific research must grow, they agreed.


Brazil to help rescue private banks amidst global crisis

Brasilia - The Brazilian government on Wednesday authorized the country's main state financial institutions - the Bank of Brazil and the Federal Economic Bank 
(CEF) - to acquire stakes in private banks as a temporary lifeline to the struggling sector.

The move - very similar to one that British Prime Minister Gordon Brown adopted recently - also allows the nationalization of banks that are facing financial difficulties in the light of the ongoing international crisis.

The new disposition authorized the Bank of Brazil and the CEF to create investment banks and subsidiaries abroad, and allows the Brazilian Central Bank to exchange reals for currency of other countries in direct negotiations with other central banks.


NATO ships to escort food convoys for Somalia

NATO ships have arrived off the Somali coast to begin escorting relief convoys for Somalia, which has lost critical food supplies from the World Food Programme (WFP) to pirates in the past year, the UN said Wednesday.

WFP, backed by the Somali government, requested military vessel escorts to thwart future hijacking of cargo ships carrying food and medicine supplies for Somalia.

The UN Security Council earlier this month authorized use of force by UN members to fight the wave of piracy and armed robbery endangering cargo ships as well as luxury cruise ships plying the waters off Somalia.


US and Liberia hail ties as African nation emerges from conflict

US and Liberia hail ties as African nation emerges from conflict Washington - Liberian President Ellen Johnson-Sirleaf said her country was on track to become a strong and democratic economy after more than a decade of civil war, and welcomed US help after a meeting with President George W Bush.

Bush, who travelled to Liberia earlier this year, said the African nation still needed help from both the US and other countries, as it rebuilds its institutions following the ouster of long-time leader Charles Taylor in 2003.


Obama refutes McCain's "socialism" attacks

Obama refutes McCain's "socialism" attacks Washington - Democratic White House hopeful Barack Obama Wednesday refuted attacks by Republican rival John McCain that he was advocating socialism by wanting to raise taxes on the wealthier, saying the McCain campaign was grasping at desperate straws.

Over the past week, McCain, 72, who is lagging behind Obama in the backstretch to the November 4 elections, has drawn enthusiastic "boos" from supporters whenever he mentions that Obama wants to "spread the wealth."


116 million in 131 countries joined hands to fight poverty

116 million in 131 countries joined hands to fight poverty New York - The final count is in.

More than 116 million people demonstrated around the world last weekend in a renewed effort to fight poverty, the United Nations said Wednesday.

The Guiness World Records certified the figures provided by anti-poverty campaigners who organized the events in 131 countries Friday through Sunday.

The demonstration was prompted by growing concern that poverty is being aggravated by continued high food prices.


Wachovia reports 24 billion dollar loss

Wachovia reports 24 billion dollar lossWachovia Corp, which is being acquired by Wells Fargo & Co, reported Wednesday it had 24 billion dolalrs in losses in the third quarter, saying business customers had drained one quarter of their deposits as the bank teetered on the edge of collapse in September and early October.

The third-quarter loss at Wachovia was the highest for any bank since the financial crisis began more than a year ago, Bloomberg financial news service reported. It reflected an 18.7-billion-dollar charge for some of its investments in the mortgage market when housing prices were at their peak. (dpa)


Sarkozy wants to lead euro zone until 2010

Sarkozy wants to lead euro zone until 2010 Paris - Nicolas Sarkozy believes he is the only leader capable of steering Europe through the current economic crisis and wants to become president of the euro-zone countries once his term as EU head expires at the end of the year, the daily Le Monde reported on Wednesday.

According to the newspaper, several advisors to the French president have confirmed this strategy.

Sarkozy's ambition is based on his firm conviction that the crisis in Georgia and the financial crisis both demonstrated that Europe was in need of a strong leader.


Arab bourses sink on recession fears, lack of transparency

Amman - Arab stock markets plummeted across the board on Wednesday on reports of a nearing global recession and ambiguity regarding the extent to which regional businesses were involved in the world financial crisis, financial analysts said.

The Tadawul All Share Index (TASI) of the Saudi stock exchange, the Arab world's largest bourse, fell 3.69 per cent, led by the Saudi Basic Industries Corp. (SABIC) and the banking sector.

The dropg brought to more than 10 per cent the decline in the Saudi market this week, a loss that wiped out last week's gains.


US stocks fall as quarterly earnings reports are filed

US stocks fall as quarterly earnings reports are filedWashington - Wall Street indices continued their decline in midday trading Wednesday, adding to the gloomy mood on European markets as US investors reacted to depressed earnings reports.

Wall Street opened down 2.5 per cent and stocks slid in Asia, Europe's blue-chip Stoxx 50 index dropped 5 per cent to 2235 in late trading as concerns set in about the outlook for the global economy and profits.


Maruti Suzuki all set to Manufacture KB engine at New Plant

Maruti Suzuki all set to Manufacture KB engine at New PlantMaruti Suzuki, the leading car maker in India has launched a new plant for manufacturing fuel efficient petrol engines. The company is all set to produce some 240,000 engines annually in the production unit. The Kb series 998cc A star engine has been designed to be environmentally friendly and fuel efficient with its light weight construction and innovative technologies to improve combustion and minimize friction.


Renault-Nissan eyes 20 per cent stake in Chrysler

Washington - Nissan Motor Co and partner Renault SA are eyeing a 20-per-cent stake in Chrysler, as General Motors also pursues takeover talks with the country's third-largest automaker.

Nissan-Renault has long been reported to be interested in a deal. On Wednesday, the Detroit News cited people familiar with the matter, as saying the proposal has been submitted to Cerberus Capital Management LP, the current majority owner of Chrysler.

Germany's Daimler still owns 20 per cent of its one-time subsidiary.

Under the Nissan-Renault deal, Nissan would likely provide the financing as Renault is weighed down by 5 billion dollars in debts.


Bush at fundraising event for Senate Republicans

Bush at fundraising event for Senate RepublicansWith the republicans lagging behind the Democrats in fundraising, it took President George W. Bush to involve himself in the proceedings Tuesday night, to raise about $1 million for Senate Republicans.

The President spent about an hour at the National Republican Senatorial Committee fundraiser, held at the Sewall-Belmont House and Museum next to the capitol complex, for the aforesaid fundraising event.


At least 20 killed as bus crashes into taxis

At least 20 killed as bus crashes into taxisKampala - At least 20 people died after a brake failure caused an overcrowded bus to crash into a row of taxis late Wednesday in Kampala.

The brakes failed as the bus was edging up an incline. The driver lost control of the vehicle and it rolled down the road, colliding with at least 15 taxis and a few other vehicles.

The death toll could be much higher and many injured passengers were rushed to hospital, Central Broadcasting Service radio reported.


Solana in Damascus satisfied with Syria-Israel talks

Solana in Damascus satisfied with Syria-Israel talks Damascus - European Union foreign policy chief Javier Solana arrived in Syria late Wednesday, where he was received by the Syrian assistant foreign minister at Damascus airport.

Upon arrival, Solana said that his visit to Syria is a follow up to what has been achieved in the Syrian-European relations. He also expressed his satisfaction with the indirect negotiations between Syria and Israel.


Palin hits Obama on women's issues

Palin hits Obama on women's issuesSpeaking at the Henderson Pavilion, Republican vice presidential nominee Sarah Palin appeared to have ‘switched gears’ so far as her attacks on the Democratic presidential candidate, Barack Obama, are concerned.

Commending the virtues of equal pay and opportunity for women, Palin framed her White House quest in terms of feminist values, and suggested that Obama is guilty of gender inequality.


New Zealand central bank cuts interest rate to 6.5 per cent

New Zealand central bank cuts interest rate to 6.5 per cent Wellington - New Zealand's central bank cut its benchmark interest rate by an unprecedented 1 per cent to 6.5 per cent on Thursday, its third cut in 13 weeks after making no reductions for five years.

The Reserve Bank had cut its Official Cash Rate (OCR) to 8 per cent on July 24 after keeping it at 8.25 per cent - one of the highest in the developed world - for 12 months and reduced it again to 7.5 per cent on September 11.


Sao Paulo stock exchange plummets, trading suspended

Sao Paulo stock exchange plummets, trading suspended Sao Paulo/Buenos Aires - Trading at the Sao Paulo stock exchange was again suspended Wednesday, for the sixth time in three weeks, after the fall in its leading index Bovespa went beyond the 10 per cent mark that activates the circuit breaker.

The half-an-hour suspension was launched at 5:17 pm (1917 GMT), less than 45 minutes before the scheduled closing time. The Bovespa was losing 10.03 per cent at the time.

Brazilian markets were again influenced by the market drops in the United States, Europe and Asia.


New Zealand central bank cuts interest rate to 6.5 per cent

New Zealand central bank cuts interest rate to 6.5 per centWellington - New Zealand's central bank cut its benchmark interest rate by an unprecedented 1 per cent to 6.5 per cent on Thursday, its third cut in 13 weeks after making no reductions for five years.

Governor of the Reserve Bank Alan Bollard cited "ongoing financial market turmoil and a deteriorating outlook for global growth" as main reasons for the record cut, which had been widely predicted.


Hungary jacks up interest rates to stem financial crisis

Hungary jacks up interest rates to stem financial crisis Budapest - Hungary's national bank sharply raised interest rates Wednesday in an emergency bid to defend the country's currency, which has slumped as a result of the global financial crisis.

The bank's policy-making council boosted the key rate to 11.5 per cent from 8.5 per cent at an unscheduled meeting in Budapest, a central bank statement said.

The forint has plunged in recent days as concern about the liquidity of Hungarian banks soured investors on the Central European nation's already ailing economy.


US stocks plummet as quarterly earnings reports are filed

US stocks plummet as quarterly earnings reports are filed Washington - Wall Street indices tumbled again Wednesday as US investors reacted to a series of depressing earnings reports that offered more signs of a sharp economic downturn in the United States and abroad.

The Standard & Poor's 500 dropped 6.1 per cent and hit its lowest level since April 2003. That followed market slides in Asia and Europe, where the blue-chip Stoxx 50 index dropped 5 per cent in late trading as concerns set in about the outlook for the global economy and profits.


Amazon posts rise in profits but outlook worsens

Amazon posts rise in profits but outlook worsens San Francsico - Online retailer Amazon. com posted a 48 per cent rise in third-quarter profits Wednesday, but the challenging economic conditions prompted the company to curtail its outlook for the vital fourth-quarter holiday shopping season.

The Seattle-based company said net income rose to 118 million dollars, or 27 cents a share, from 80 million dollars, or 19 cents a share in the same period a year earlier. Revenue for the period rose 31 per cent to 4.26 billion dollars.


Northwest airlines reports quarterly losses

Northwest airlines reports quarterly losses Washington - The fifth largest US airlines, Northwest, flew deep into the red with 317 million dollars in losses due to false calculations to secure fuel costs, the company said Wednesday.

The losses compared to 244 million dollars profit in the same period last year.

Sales climbed by 12 per cent to 3.8 billion dollars, the company said. (dpa) 


Holocaust Museum urges Vatican to open archive on Pope Pius

Holocaust Museum urges Vatican to open archive on Pope PiusWashington - The United States Holocaust Memorial Museum on Wednesday renewed its push for the Vatican to open its archives for Europe's Holocaust period, saying it would allow historical conclusions to be based on fact and not rhetoric.

The call comes amid growing controversy over plans by the Vatican to beatify Pope Pius XII, a move that would put him on the path to sainthood as the church commemorates the anniversary of his death 50 years ago this month.


Google Adsense integration with Google Analytics will offer more data to Publishers

Google Adsense publishers will be able to get more data about user activity as Google has integrated Google’s Website traffic metrics solution, Google Analytics with its product for online publishers.

The service will be available for limited accounts. Existing Publishers may see an invitation link on their Adsense Account Dashboard.

Google Adsense publishers have been asking for more details about user activity and clicks data from Google. The current development will help publishers to get more data and base their decisions on user behaviour.


Samsung withdraws SanDisk takeover bid

Citing the ongoing financial crisis as the main reason, Samsung Electronics has withdrawn its $5.9 billion takeover bid to acquire US flash memory card maker SanDisk.

Samsung Electronics’ decision comes after months-long standoff with SanDisk, for which the South Korean company had offered $26 a share, later saying that it would offer a lower price than that.

In September, the SanDisk management had rejected the unsolicited offer as too low, deriding it as an opportunistic bid timed to take advantage of falling valuations amid an industry-wide downturn.


Universal Pictures to sell its ‘Rogue Pictures’ label

Universal Pictures to sell its ‘Rogue Pictures’ label

Relativity Media LLC, longtime financing partner of Rogue Pictures, is considering the purchase of the horror and thriller film label for as much as $150 million. Talks are on for Relativity to acquire Rogue’s brand, catalog and upcoming releases, clearly indicating Relativity’s intention of getting deeper into the film production business.


RNC spent thousands on Palin and family ‘looks’

RNC spent thousands on Sarah Palin and family ‘looks’

Republican vice presidential nominee, Sarah Palin, is in news again! – This time around for the Republican National Committee’s reportedly $150,000 spending on her spectacular new wardrobe and accessories!

According to a report by the Politico Web site, the reported amount has been spent not on the candidate alone, but her family as well, since early September. The RNC also spent 4,716 dollars on the Alaska Governor’s hair and makeup, while wooing “Joe Six-Pack” to vote for John McCain.


Yahoo determined to cut 10% of its Work Force

Jerry Yang Yahoo Cuts Work Force Amid Recession

The global financial crisis is having adverse affects on all the industries. First it was the aviation industry which cut its employees, and recently it has been learnt that Yahoo has also taken a step to cut its workforce by 10%.


SC, HC judges were present when cash-in-bag was delivered

A new twist has been added to the cash-in-bag case. Now, advocate Anupam Gupta, who is also the senior standing counsel for the UT Administration, claimed that there were two more judges, who were present at the Sector 11 residence of Justice Nirmaljit Kaur where a packet containing Rs 15 lakh was delivered on 13th August. One of them was from Supreme Court while other was from High Court, added Gupta.

Gupta put light on the fact that during 14th to 16th August, when the FIR in the case was registered, the accused in the case, former Haryana additional advocate general Sanjeev Bansal was in constant touch with the same SC judge's son, through five calls and several SMSs.


Micro-hybrid technology for Scorpio and Bolero announced by Mahindra & Mahindra

Micro-hybrid technology for Scorpio and Bolero announced by Mahindra & Mahindra

In a step towards innovation, new variants of Scorpio and Bolero were announced by Mahindra, powered by micro-hybrid technology. The price of the models has been decided between Rs 6.5 lakh and Rs 6.97 lakh.

This technology has been developed by Mahindra in collaboration with Bosch. The good thing in these variants is that they provide an average fuel saving of about five percent, which could not be offered in the earlier variants.


GAIL secures 2nd rank in Asia among global gas utilities

The State owned Gas Authority of India Limited got 2nd place among global gas utilities in Asian region. The ranking is awarded in Platts Global Ranking of Energy Companies. The results of Platts Global Ranking were announced in Singapore on Monday.

Almost all energy industry categories such as Coal and Consumable Fuels, Diversified Utility, Electric utility, Exploration & Production, Gas utility, Independent Power Producer, Integrated Oil and Gas, Refining and Marketing and Storage and Transfer are considered to rank them performance wise.

The ranking by Platts is done on the basis of combination of asset worth, revenues, profits and return on invested capital. Total 250 ranks are awarded to companies for their performance in the respective field.


NMDC hikes domestic iron ore prices by up to 40 percent

NMDC has increased iron ore prices by up to 40 per cent. The new ore prices would be effective from October this year. The move of NMDC would affect the steel companies such as Essar, JSW, Ispat and RINL.

However, SAIL and TATA steel would not largely be impacted by the decision of country’s largest iron ore company as these companies maintain their own mines. The steel industry has criticized the decision of NMDC. There is already a slump in the steel industry as the world is facing a stiff global financial crisis.

RINL Executive Dierctor (Commercial) C G Patil has condemned the recent hike. He said that the input prices have been increased and there is a slowdown in the steel industry. This would affect the profit margins of steel companies.


GE and BHEL team-up for railway tender

GE and BHEL team-up for railway tenderGE Transportation and Bharat Heavy Electricals Ltd (BHEL) plan to jointly bag the 1,000 diesel locomotive tender issued by the Indian Railways.

GE Transportation is a unit of General Electric Company and a global diesel locomotive technology leader which is short listed by Indian railways to compete the tender. GE and BHEL and Indian Railways would form a joint venture for the entire process.


India preparing for uranium supply from overseas

Indian Government is planning a long term policy for the assured supply of Uranium for the nuclear power plants in the country. The government is looking for deals with various countries including Kazakhstan and Uzbekistan for its current fuel requirements. It is noted that Indian nuclear power plants are facing acute shortage of nuclear fuel and working at their half capacity.


SAIL net profit rises 18%

SAIL net profit rises 18%The net profit of Steel Authority of India Limited (SAIL) has increased by 18 per cent. Net profit for PSU steel major now stands at Rs 2,009.60 crore for July-September 2008-09 period.

It has registered highest-ever first-half (H1) net profit of Rs. 3,844.80 crore. It has grown by 19.2 percent over the previous year.

The company also posted a turnover at Rs. 13,544.24 crore which is highest ever turnover achieved by the PSU. The net worth of company is around Rs 27,000 crore as shown in the data up to September 30.


Hero Honda second quarter net increased by 50%

Hero Honda second quarter net increased by 50%The net profit of auto major Hero Honda Motors Ltd has increased by 50 percent for the quarter ended 30 September. The net profit for the quarter stood at Rs 306.30 crore. Hero Honda, the largest two-wheeler manufacturer of the country, is celebrating 25 years of operation. It holds over 55% share of the country’s two-wheeler market


Australian stocks in decline

Aus.Stock-Market.jpgSydney - Investors sold Australian stocks at the opening bell Thursday after a reversal on Wall Street and big declines on Asian markets in the previous session.

The ASX 200 lost 141 points, or 3.3 per cent, in early trading to 4,014.

Falling commodity prices and fears of a global recession hurt the local currency, with the Australian dollar trading at 66 US cents - only 1 cent off its five-year low. (dpa)


The "real" US left: between ostracism and irrelevance

The "real" US left: between ostracism and irrelevanceLos Angeles - The electoral world in the United States is ruled by two parties, the centre-right Republicans and the centre- left Democrats, which for most of the world present an eminently conservative panorama.

Yet far from the glamour of the prime-time televised debates, there are options, including what many on the planet would consider the "real" left.

Although a marginal force, it lobs regular criticism against the two-party system and is actually fielding its own presidential candidates for the November 4 elections.


Car-happy Moscow caught in stranglehold of gridlock

Car-happy Moscow caught in stranglehold of gridlockMoscow - Moscow - Europe's biggest, most dynamic and hectic city - is impressive. But the fast-paced lives of Muscovites slow to a crawl as soon as they get into their cars each morning.

Bumper-to-bumper traffic is a side effect of Moscow's economic boom. Even on a normal weekday, about 650 traffic jams - totalling some 700 kilometres in length - will clog the streets. The average speed during rush hour is about 8 to 11 kilometres per hour.


Japan markets fall on Wall Street's overnight losses, stronger yen

Japan markets fall on Wall Street's overnight losses, stronger yenTokyo - Japan markets continued their losing streak Thursday, plummeting to a five-year low following Wall Street's overnight losses and a stronger yen dimming export prospects.

The Nikkei 225 Stock Average tumbled 478.95 points, or 5.52 per cent, to 8,195.74. The key index lost more than 7 per cent at one point during morning trading to hit the lowest intraday level since late May 2003.

The broader Topix index of all first-section issues also fell 42.91 points, or 4.83 per cent, to 846.32.


Booming kids clothing market traced to moms demand for style

Washington - Their children wear designer jeans, brand-name polo shirts and the finest shoes.

Wealthy parents in the United States are putting their children into the best high quality designer fashions money can buy. Whether it's a Burberry dress for 180 dollars or a coat recently seen on the catwalk for 375 dollars, price is not an issue for rich parents in the US and other places with high concentrations of wealth. As they shop for their youngsters, mothers are increasingly living out their own fantasies and turning their children into copies of themselves.


Skiing helmets are back in fashion

Heilbronn, Germany - Today's skiing helmets sport panda patterns or fur covers. Skiers can even hit the slopes with a helmet designed to look like a watermelon, if they dare.

A helmet is an essential part of any skier's equipment. Almost every manufacturer includes them in their catalogue. Most have the same basic structure and manufacturers have learned to distinguish the subtle details of their models. But discerning customers can find differences - one model may have adjustable ear protection while another one may be particularly light.


Eyeliner pencil too hard? Blow on it or hold it over a flame

Berlin - An eyeliner pencil that is too hard can be softened by holding it over a flame or simply by blowing on it, said the Berlin branch of Germany's consumer product testing organization.

The organization tested 16 black eyeliner pencils, including one that has to be sharpened and those with an in-built, automatic mechanism for sharpening. Five of the eyeliner pencils were rated good in a report by the organization's monthly magazine. The remainder were rated satisfactory, including an 18-euro eyeliner -

the most expensive among the tested products.


MNS activists celebrate Raj Thackeray’s bail

Raj ThackerayPune/Patna, Oct 23: Maharashtra Navnirman Sena (MNS) activists celebrated the bail granted to their leader Raj Thackeray, here last evening.

It was a festive mood at Thackeray's residence as his party activists and kin burst crackers and exchanged sweets after he reached home.

Meanwhile, the Bharatiya Janata Party (BJP) blamed both the ruling parties – the Congress and the NCP - in Maharashtra for the violence.


Puppies help kids shed puppy fat

Sydney - Old people with pets live longer and are healthier than those who don't share their home with a dog or a cat.

Sadly, research by the Australian National University's Ruth Paslow has exposed this commonly held view as a myth.

After interviewing 2,551 Australians aged 60-64 she reluctantly concluded that pet owners were more likely to be depressed and to take painkillers than the pet-free.

"I would've been happier finding that pets are good for you," Paslow said, "but I wanted to do research that's reliable and statistically sound."

On the other hand, children who grow up in a home with a dog are less likely to be overweight.


Life badly hit as heavy showers lash Chennai

Chennai, Oct 23: Heavy rains over the past two days have disrupted normal life in Chennai. The rains have been occurring due to a low pressure in the Bay of Bengal.

Caused by a low pressure over the Bay of Bengal, rains have lashed parts of coastal India including Andhra Pradesh, Kerala and Lakshwadeep apart from Tamil Nadu.

“It''s raining heavily and so we could not go to college. There is no electricity. If the rain stops, we will be able to get on with our routine life," said Karthick, a resident.

The state''s meteorological department said the condition would remain the same for some more time.


Australians wake up to lost sleep

Australians wake up to lost sleepSydney - Some are calling sleep the new sex - lives are so frazzled that at the end of the day what many adult Australians long for isn't a cuddle but temporary death.

When the working day begins and ends in the dark, the absolute height of luxury has become slipping between the sheets for five, six, even seven hours.

Doctors worry that the sleep-deprived are getting ever younger.

The chronic tiredness that comes with a frantic lifestyle, according to University of South Australia researcher Tim Olds, is causing "serious drop-offs in school performance, attention and memory."


Don't bet on a recession in sport

Sydney - Westfield Group founder Frank Lowy, whose two great loves are making money from building shopping malls and running the game of football in Australia, reckons the global recession will hit professional sport hard.

Attendances will be down, the dollar-value of television broadcast contracts will fall and clubs will struggle to survive as the turnstiles spin more slowly.

"There's only so much money to go around," the country's richest man and the chairman of its Football Federation said. "I think the world will have to contract, so will sport have to contract, it's as simple as that."

But, as other recessions have shown, it's not as simple at that at all.


National Conference begins campaign in J-K

Jammu and KashmirBudgam (J-K), Oct 23: Jammu and Kashmir’s National Conference (NC) kick-started its election campaign ahead of the seven-phase polls from November 17 to December 24.

Party chief Omar Abdullah questioned the credibility of his main rivals, the Congress and the People’s Democratic Party (PDP), which shared power to face voters again.


Laos beefs up patrols at border with Thailand, Cambodia

Laos beefs up patrols at border with Thailand, Cambodia Bangkok - Laos has beefed up patrols to prevent "any untoward happenings" in Champassak province, part of the tri-border area where Laos, Cambodia and Thailand meet, state radio broadcasts said Thursday.

Champassak's military command said the increased vigilance was necessary to prevent "untoward happenings" in the increasingly sensitive border area which has been drawn in to a Thai-Cambodian dispute, Radio Laos said in a broadcast monitored in Bangkok.


Two killed in communist rebel attack in southern Philippines

Davao City, Philippines - One pro-government militiaman and one communist rebel were killed Thursday in a clash in the outskirts of a southern Philippine City, a military spokesman said.

Lieutenant Colonel Ernesto Torres said the fighting erupted before dawn when about 50 communist rebels attacked a pro-government militia outpost in Davao City, 990 kilometres south of Manila.

Torres said three other militiamen were wounded in the fighting that lasted for several hours.

"We suffered one killed in action and three others were wounded," he said. "But the rebels suffered undetermined number of casualties and they were repulsed. One of the slain rebels was recovered."


Japan's trade surplus shrinks 85.6 per cent, hits 26-year-low

Japan's trade surplus shrinks 85.6 per cent, hits 26-year-low Tokyo - Japan's trade surplus in the six months from April to September hit the lowest mark in more than 26 years as high energy prices pushed up import costs and slowed exports amid the global financial crisis, the Finance Ministry said Thursday.


"Up to ASEM" to pressure Myanmar, says Human Rights Watch

http://www.topnews.in/files/Human-Rights-Watch.jpgBangkok - The upcoming Asia-Europe Meeting (ASEM) Summit in Beijing provides an ideal opportunity for Asian and European leaders to pressure Myanmar to improve it's poor human rights record, New York-based Human Rights Watch stated Thursday.

"Since Burma's [Myanmar's] rulers have stonewalled on the efforts by the UN to bring about real change, its up to ASEM ministers to send a message that sham political reforms are unacceptable," said Brad Adams, Asia director of Human Rights Watch (HRW).


Germany's Merkel to focus on financial crisis in China

Germany's Merkel to focus on financial crisis in China Beijing - German Chancellor Angela Merkel arrived in China on Thursday for talks that were expected to focus on the global financial crisis.

Merkel was scheduled to meet Chinese Premier Wen Jiabao later in the day before the two leaders join some 40 other heads of state at the biannual Asia-Europe Meeting (ASEM) on Friday and Saturday.

German officials said the fact that Merkel was one of the few foreign leaders making a formal state visit to China for the ASEM summit showed the importance of ties between the two nations.


US pledges 40 million dollars to save Coral Triangle

Manila - The United States Thursday pledged 40 million dollars to help save the Coral Triangle, the world's largest expanse of mangrove, coral reef and fish biodiversity, covering six nations.

US Ambassador to the Philippines Kristie Kenney made the announcement at the on-going second Coral Triangle Initiative (CTI) senior officials' meeting in Manila attended by representatives of East Timor, Indonesia, Malaysia, Papua New Guinea, the Philippines and the Solomon Islands.

The CTI seeks to protect 6 million square kilometres of ocean and coasts that has been called the "Amazon of the Seas" for its biodiversity.


No CBI probe into Nun Rape case : Sureme court

The Supreme Court, on Wednesday, rejected a plea for CBI probe into the rape of a nun in Kandhamal district of Orissa. At the same time the Court has asked the Nun to co-operate in Crime Branch enquiry.

A three judge bench headed by Chief Justice K.G. Balakrishnan also asked the Orissa government to take generous view in re- building churches in the riot-hit Kandhamal.

The bench, consisting of Justice P. Sathasivam and Justice J.M. Panchal, rejected the plea for a CBI probe of Cuttack Archbishop Raphel Cheenath saying that the state police have already arrested nine accused.  


BJP drops 18 of sitting MLAs

The ruling Bharatiya Janata Party of Chhattisgarh has shown door to 18 of its 51 sitting MLAs. They were dropped from first list of candidates for coming assembly poll scheduled to be haled on next month.  A total of 58 names got a place in the list.  

Chief Minister Raman Singh has been shifted from Dungargaon to Rajnandgaon constituency. He is representing Dungargaon assembly segment in the present assembly. .

After releasing the lists party General Secretary Ananth Kumar said "We have decided not to field 18 of the sitting MLAs in Chhattisgarh. This decision has been taken as per the political and social realities. Out of this, three MLAs have lost their seats due to the delimitation process,"


Nun to co-operate in probe

After the judgment of Supreme court, the Archbishop's house in Bhuabneswar said that the Nun will cooperate with the Orissa police.

Father Joseph Kalathil, the Vicar General of the Archbishop's house said "We are a law abiding community. The nun will certainly cooperate with the crime branch of Orissa police's investigation."

At the same time he expected the state Govt. to respect the advice of the court to assist in re-building of churches.

The Apex court today rejected a plea seeing CBI probe into the much controversial Nun rape case. Arch Bishop of Cuttack has filed the petition on 12th of October.


15 Pak FC soldiers found dead in Swat

15 Pak FC soldiers found dead in SwatMingora, Oct 23 : At least 15 soldiers belonging to the Frontier Constabulary (FC) and five Taliban were found dead in Kabal tehsil of Swat on Wednesday.

The FC troops had gone missing after a fight with Taliban that broke out last evening after a roadside bomb targeted a paramilitary convoy in the Sarsenai area. “After the exchange of fire that lasted for several hours, more than 20 troops went missing but today we found 15 dead bodies at the site,” Noor Rehman, a police officer in Kabal, said.


Aamir gets invitation from Princess Victoria

Aamir gets invitation from Princess VictoriaSo much is happening around Aamir Khan these days. The Crown Princess of Sweden- Victoria has invited him to dinner with her.

The 31-year-old princess of Sweden likes the work and contribution of Amir towards Indian cinema. It is reported that she has developed a special weakness after watching Amir's Tare Zameen Par, India's official entry to the Oscars this year. She will be

At the same time Aamir is all set to meet the princess. "It is a privilege to receive a special invitation like this." He said.
    


Pro-Tibet activists urge Angela Merkel to raise human rights issues

Pro-Tibet activists urge Angela Merkel to raise human rights issuesBeijing - International activist groups urged German Chancellor Angela Merkel Thursday to raise the issue of Tibet during her visit to China.

"At this critical juncture in relations between Europe and China, Chancellor Merkel must press Chinese President Hu Jintao for tangible results from the dialogue between the Dalai Lama's representatives and Chinese officials," said Kate Saunders of the London-based International Campaign for Tibet.


Pak, Afghanistan decide to hold talks only those Taliban who lay down arms

Islamabad, Oct 23 : Pakistan and Afghanistan have reportedly agreed on not holding talks with armed Taliban. Foreign ministers of the two countries announced this at a joint press conference last evening, saying that talks would be held “only with those who lay down arms”.

“Talks will be held with only those who are willing to lay down arms and those who live within the constitution,” the Daily Times quoted Afghan Foreign Minister Dr Rangin Dadfar Spanta as saying.

Pakistani Foreign Minister Shah Mehmood Qureshi said other nations were coming around to Pakistan’s multi-pronged counterterrorism strategy that said “no talks with militants, but political dialogue with those who agree to live as peaceful citizens”.


Panel: Keep Acquisition Of Agricultural Land As Last Resort

A House panel has advised the government to actuate a law to protect prime agricultural land. It said that the acquisition of these agricultural plots should be the last option.

The committee said that the law could be drafted on the lines of the Forest Conservation Act, 1980, after examining the Land Acquisition Bill, 2007.
According to the 2007 Bill, the company setting up a project has to acquire 70 per cent of the land while the rest is taken over by the government.

According to the panel, the entire land acquisition should be carried out either by the private firm that wants the land or by the government.


New Zealand central bank cuts interest rate to 6.5 per cent

New Zealand central bank cuts interest rate to 6.5 per centWellington - The New Zealand stock market fell by more than 3 per cent Thursday, following the downward trend on markets worldwide, despite an unprecedented 1-percentage-point cut in the central bank's benchmark interest rate.

The NZX50 index ended the day down 92 points to 2,807, a fall of 3.18 per cent from Wednesday's close.

Earlier, the Reserve Bank slashed its benchmark interest rate by 1 percentage point to 6.5 per cent, the third cut in 13 weeks after five years with no reductions.


Spurned Lover Resorts To Acid Attack

Rakesh, An Indian Air Force trainee of Jalahalli threw acid on 22-year-old Karthika, who was his childhood friend, to avenge rejection.

Karthika is an LLB student at Bishop Cottons Women’s Law College in Banglore. On Tuesday Rakesh, who knew Karthika’s schedule, waited for her at the parking lot of Trinity Church where she had gone to offer prayers along with her friends, Harisha and Catherine.

“As she emerged from the hostel with her friends, Rakesh, who was wearing a helmet, started moving towards the group. All of a sudden, he threw a bottle of acid towards her,” said R. Johnson, a member of the church committee.


Suspected US missile strike kills eight in Pakistan

Suspected US missile strike kills eight in Pakistan Islamabad - At least eight people were killed and six injured on Thursday in a suspected US missile strike in Pakistan's restive tribal region along the border with Afghanistan, security officials and residents said.

Two missiles targeted an Islamic seminary, Sirajul Uloom, in Dandai Darpakhel village, located some 3 kilometres from Miranshah, the main town in North Waziristan tribal district, at around 
2:30 am (2030 GMT).


Suicide Risk Rising for Middle Age Whites

A recent study has said that suicide rates in the U.S. have shown an increase largely due to an increase in suicides among middle aged white men and women. This increase has come about after a decade long decrease in suicide rates.

The study in the American Journal of Preventive Medicine said white people in the age group of 40 to 64 have "recently emerged as a new high-risk group for suicide." White women constituted the largest increase in suicides with a 4 % increase although white men still make up the largest number of people who kill themselves though there rate has increased by 3 %.


55 mln-yr-old ‘magnetofossils’ of previously unknown species unearthed

Washington, Oct 23 : A team of scientists has unearthed crystalline magnetic fossils of a previously unknown species of microorganism that lived at the boundary of the Paleocene and Eocene epochs, some 55 million years ago.

The team comprised of researchers from McGill University, along with colleagues from the California Institute of Technology, the Curie Institute in Paris, Princeton University and other institutions.

Though they are only some four microns long, these newly discovered, spear-shaped magnetite crystals (magnetofossils) – unearthed at a dig in New Jersey – are up to eight times larger than previously known magnetofossils.


Pak Taliban promise to lay down arms if Govt stops operation

London, Oct 23 : The Pakistan unit of the Taliban, the Tehreek-e-Taliban Pakistan (TTP) has expressed willingness to lay down arms if the government assured it of ending the ongoing military operation.

TTP spokesman Maulvi Omar said that the allegation that the Taliban movement was destabilising Pakistan was “baseless”.

“The TTP was firm on its stance that if the government ended the military operation, it would lay down its arms,” the Daily Times quoted Omar as saying.

The government had always backed out of its promises, he said and added that no foreign agencies were pressurising the Taliban and they were independent in making their own decisions. (ANI)


EU, Asian leaders arrive for summit in China

Beijing - Leaders of Asian and European Union nations arrived in China on Thursday ahead of a summit that is expected to be dominated by the global financial crisis.

European Commission President Jose Manuel Barroso arrived in Beijing late Thursday morning, while Indonesian President Susilo Bambang Yudhoyono and Finnish President Tarja Halonen were among several leaders who held bilateral meetings with Chinese President Hu Jintao earlier on Thursday.

The largest ever gathering of Asian and European leaders takes place on Friday and Saturday with 27 European and 16 Asian nations represented.


Mistrial For Britney’s ‘Trafficgate’

Mistrial For Britney’s ‘Trafficgate’Jurors' failure to reach a verdict after 8-hours of deliberations, left the Judge in Britney Spears’ trial for driving without a valid California licence, no option but to declare it a mistrial.


Hong Kong Airlines set to suspend China routes

Hong Kong Airlines set to suspend China routesHong Kong - Weakening demand and mounting losses have led Hong Kong Airlines to suspend flights to three cities in China, a media report said Thursday.

The regional carrier will halt services to Xian, Chengdu and Chongqing when the winter schedule takes effect on Sunday, the South China Morning Post said.

Flights to Xian will be restored next summer.

Hong Kong Airlines together with rival carrier Hong Kong Express Airways are both partly owned by China's Hainan Airlines Group.


Lindsay Lohan Sued by three men

Lindsay Lohan Sued by three menLindsay Lohan has been sued by the three men, whose SUV she drove chasing her personal assistant through Santa Monica streets, leading to her second 2007 DUI arrest.
 
Seeking unspecified damages, the plaintiffs i.e. Ronnie Blake, Jakon Sutter and Dante Nigro filing their case in Santa Monica’s Superior Court, say Lindsay Lohan’s angry and aggressive commandeering of their car caused them ‘surprise, shock, fear and panic at Lohan’s surprising and sudden act’.
 


Nick Hogan Released From Jail

Nick Hogan, 18 star of ‘Hogan Knows Best’ has been released from jail early, even though his reckless driving left his friend - former Marine John Graziano in need of life long medical care.

Though, Hogan’s act could have seen him facing five years of jail time, his sentence was reduced on the plea of the Graziano family for a lesser sentence.  Having served 166-days of an eight-month sentence, he was released three months early from Florida jail for good behaviour from Florida jail, into the capable custody of his sister, singer Brooke Hogan.

Hogan’s licence remains suspended for 3-years and he will also have to do 500-hours of community service.


Australians lurch from vroom to gloom - and back - in crisis

Sydney - Construction worker Aaron Neiswander, who lives at his parents' Adelaide home, is out of work and on welfare.

He's been idle since January despite an unemployment rate at a 30-year low and companies so desperate for staff that even some McDonald's restaurants are staffed with guest workers from abroad.

Neiswander, 26, blames picky employers. "I'm just out of the age group," he said. "People are looking for juniors - they want cheap labour."

As Australia moves from boom to doom, Neiswander's chances of leaving the dole queue grow bleaker by the day. Economists say the unemployment rate is already surging and that the run of 
16 straight years of heady growth that made Neiswander so choosey is over.


Philippine shares drop 4.63 per cent

Manila - Philippine shares dropped by 4.63 per cent on Thursday as scared investors sold their stocks amid unabated decline in the Wall Street.

The Philippine Stock Exchange's 30-share composite index slid by 97.09 points to close at 1,995.92 from Wednesday's finish of 2,093.01.

A total of 1.83 billion shares valued at 3.11 billion pesos (63.59 million dollars) were traded.

Losers swamped gainers, 117 to 3, with 13 issued unchanged.

Analysts said the local market was also dragged down by declines in Asian stocks. (dpa)


Manmohan to meet Pak PM in Beijing tomorrow

Indian Prime Minister Dr Manmohan SinghBeijing, Oct 23 : Indian Prime Minister Dr Manmohan Singh is scheduled to meet his Pakistani counterpart Yousuf Raza Gilani here on Friday on the sidelines of the Asia-Europe Meeting 
(ASEM) summit.

The two leaders will meet to review the progress being made to promote bilateral understanding and co-operation to resolve disputes including Kashmir, the Daily Times quoted a senior Pakistani official as telling a foreign news agency.

The two leaders will likely meet at the Great Hall of the People in the afternoon, after the summit’s opening session.


Reliving Tulip Mania, Dutch tour profits from finance crisis

Amsterdam - People are getting goose pimples in front of Amsterdam's Nieuwe Kerk (New Church) these days. "Below us lie victims of the world's first financial crisis," says tour operator Raoul Serree.

This is the site of the "Ellendige Kerkhof," the old graveyard of the "miserables," which included people who had died by execution - or by their own hand.

For 17th-century Holland's Tulip Mania, seen as the earliest historical precedent of the current financial crisis, drove a lot of people to suicide.


Katie Holmes on ‘Eli Stone’

Katie Holmes on ‘Eli Stone’Returning to the small screen after five years, Katie Holmes will be seen in tonight’s installment of Eli Stone, a legal drama about Eli Stone, an attorney with a brain aneurysm that gives him psychic visions.  She has also reunited with show co-creator and executive producer - Greg Berlanti, having worked with him on Dawson’s Creek.


From stress to suicide - finance crisis takes its toll

From stress to suicide - finance crisis takes its tollPasadena, California - In the last hours of her life last week, Wanda Dunn, 53, took the time to settle her affairs, taking two small plants to a neighbour as well as some cheap clothes that she asked him to give to charity.

Then she returned to the home she had lived in since childhood, set it on fire and shot herself in the head with a handgun.

Dunn's desperate actions came the day before she was to have been evicted from the stucco house first bought by her grandparents decades ago.


Germany's Merkel to focus on financial crisis in China

Beijing - German Chancellor Angela Merkel arrived in China on Thursday for talks that were expected to focus on the global financial crisis.

Merkel was scheduled to meet Chinese Premier Wen Jiabao later in the day before the two leaders join some 40 other heads of state at the biannual Asia-Europe Meeting (ASEM) on Friday and Saturday.

German officials said the fact that Merkel was one of the few foreign leaders making a formal state visit to China for the ASEM summit showed the importance of ties between the two nations.

She is scheduled to meet President Hu Jintao on Friday.

Two rights groups appealed to Merkel to raise the situation of China's Tibetan and Uighur minorities during her meetings in Beijing.


Beauty Queen Stripped of Title

Beauty Queen Stripped of TitleLindsey Evans, Miss Louisiana Teen USA 2008, has been stripped of her title for leaving a restaurant without paying her bill.


Hong Kong to pay an extra 256 million dollars for water from China

Hong Kong to pay an extra 256 million dollars for water from China Hong Kong - The territory will have to pay about 2 billion Hong Kong dollars (256 million US dollars) more for the water it imports from China as a result of inflation and an appreciating Chinese currency, a media report said Thursday.


Prachi Desai & Sameer Dattani Walk The Ramp At LFW For Krishna Mehta

Prachi Desai & Sameer Dattani Walk The Ramp At LFW For Krishna Mehta  On the opening day (Oct 20) at the Gitanjali sponsored ‘Lakme Fashion Week’, Prachi Desai and Sameer Dattani added glamour to the attracting colors of the desert as Krishna Mehta unleashed her line of vibrantly hued Spring/Summer 2009 collection called ‘Sunrise in the Desert Sands’.

Showcasing a men’s and women’s pret line in lively colors including poster red, cobalt blue, yellow, green, shimmering orange and tones of violet added magic to the new collection.


Republican donors criticize Palin's fashion bill

Republican donors criticize Palin's fashion bill Washington - Republican donors were outraged over bills worth more than 150,000 dollars for Alaskan Governor Sarah Palin's new wardrobe to outfit the vice-presidential candidate after her nomination, a US media report said.

"I want my money back," the online paper Politico quoted an anonymous donor as saying.

Running for the White House seemed to pay off, another donor said. "Even if you lose, you have a wardrobe full of new clothes."


E. coli infection emanates from Ixtapa, Lake Stevens

Ixtapa, a Mexican restaurant has been identified as the source of E. coli infection that affected 17 people in Snohomish County.

According to health officials 13 out of the total 17 victims had eaten at Ixtapa. The owners have voluntarily closed the restaurant after the reports. Snohomish Health District officials said that they were co operating with them to resolve the problem.

The place is being sanitized. The health officials are pinning down the exact cause of the infection.

Health District spokeswoman Suzanne Pate said, "It's like looking for a needle in the haystack.”


18 killed in fire in crackers-making unit in Rajasthan

Bharatpur (Rajasthan), Oct 23 (ANI): At least 18 people were killed and several others injured when five to six houses collapsed after explosions in a cracker-making unit at Deegh in Bharatput district of Rajasthan, last night.

According to the police, the accident occurred at a residential area where firecrackers were being made illegally.

The injured are undergoing treatment at Deeg Hospital, police said

Rescue operations are on. ((ANI))


Aircel Slashes Call Rates In Tamil Nadu

Aircel Slashes Call Rates In Tamil NaduAircel, India’s fastest growing telecom service provider, announced that it has cut down ISD call rates for its pre-paid subscribers in Chennai and rest of Tamil Nadu circle.

According to the sources, the proposed scheme is meant for calls specifically made to Malaysia and Singapore.

Through this scheme, Aircel pre-paid subscriber can make ISD calls to Malaysia and Singapore at Rs 3 per minute by a recharge coupon worth Rs. 96.

While on the other hand, with a recharge coupon of Rs. 29, pre-paid customers can make calls to the same destinations at Rs. 3.5 per minute.


EC to review Assembly poll arrangements in MP today

EC to review Assembly poll arrangements in MP todayBhopal, Oct 23 : A three-member team of the Election Commission (EC) will arrive in Madhya Pradesh today to review arrangements for the Assembly polls on November 25.

The EC team, headed by Chief Election Commissioner N Gopalaswami, will also visit Chhattisgarh to review security arrangements and overall poll arrangements there.

In Chhattisgarh, polling will be held in two phases, on November 14 and 20.

All the results will be declared on December 8. (ANI)


Leukaemia drug may help combat multiple sclerosis

Washington, Oct 23: Researchers at the University of Cambridge have found that a drug initially designed to treat a form of leukaemia may also be effective against combating the debilitating neurological disease multiple sclerosis (MS).

The findings are based on a study, in which researchers found that alemtuzumab not only stops MS from advancing in patients with early stage active relapsing-remitting multiple sclerosis 
(RRMS) but may also restore lost function caused by the disease.


HerRoom.com and Wacoal extend their support to Susan G. Komen Foundation for Breast Cancer

HerRoom.com and Wacoal extend their support to Susan G. Komen Foundation for Breast CancerHerRoom.com, the leading online retailer of women's underwear, and Wacoal bras have extended their support to Susan G. Komen Foundation in their search for cures.


Fat Children Are Born To Obese Mothers

Fat Children Are Born To Obese MothersObesity of mother directly affects the child. Previous studies have shown that an overweight mother has a higher chance of giving birth to a plump baby. Obesity increases the risk of many diseases.

The recent study found that slightly undernourished rat pups were healthier adults, while overfed babies were fatter.

A separate UNSW study showed that pups from obese mother rats fed more milk were almost twice as heavy as those born to lean mothers feeding normally.  
 


Biologists discover gene that helps in plants’ ‘double fertilization’ process

Washington, Oct 23 : Biologists have discovered a gene that has a critical role in the ‘double fertilization’ process in plants.

Scientists already knew that flowering plants, unlike animals require not one, but two sperm cells for successful fertilisation.

The mystery of this ‘double fertilization’ process was how each single pollen grain could produce ‘twin’ sperm cells.

One to join with the egg cell to produce the embryo, and the other to join with a second cell in the ovary to produce the endosperm, a nutrient-rich tissue, inside the seed.

Double fertilisation is essential for fertility and seed production in flowering plants so increased understanding of the process is important.


Pak Taliban chief Mehsud declared proclaimed offender in Sherpao attack case

Tehreek-e-Taliban Pakistan chief Baitullah MehsudPeshawar, Oct 23 : An anti-terrorism court in Pakistan has declared Tehreek-e-Taliban Pakistan (TTP) chief Baitullah Mehsud and two of his commanders as proclaimed offenders (POs), in connection with suicide attack on Pakistan People’s Party-Sherpao chief Aftab Khan Sherpao in Charsadda last year.

The court also issued non-bailable warrants in the name of the three.


Lockerbie Bomber Diagnosed With Advanced Stage Cancer

Lockerbie Bomber Diagnosed With Advanced Stage CancerAbdelbaset Ali Mohmed al-Megrahi, the former Libyan intelligence agent, 56, is serving a life sentence with a minimum term of 27 years for the 1988 bombing of Pan Am flight 103. This plan crash took lives of 270 people, including all 259 passengers on board and 11 residents of Lockerbie, the Scottish town, where the plane crashed. He was convicted in 2001 since than he is fighting a legal battle to overturn the guilty verdict.


Australian stocks in decline

Sydney - Investors sold Australian stocks Thursday after a reversal on Wall Street and big falls on Asian markets in the previous session.

The ASX 200 lost 181 points, or 4.3 per cent, to 3,974. The benchmark index has lost a third of its value so far this year.

Market leader BHP Billiton lost 8 per cent on the day and fellow resources company Rio Tinto Ltd shed 16 per cent.

Falling commodity prices and fears of a global recession hurt the local currency, with the Australian dollar trading at 66 US cents - only one cent off its five-year low. (dpa)


$7.45 land a woman in jail

A woman chose to going to jail instead of paying $7.45 bill at Fort Pierce Waffle House restaurant. The 66 year old woman, Maryanne O'Neill, had coffee and a sandwich but refused to make payment for the bill.

When she was asked to pay the bill or bear the consequences of being jailed. She preferred to choose the latter.

Maryanne was charged of fraud and misdemeanor as she had obtained food or lodging with the intention of defrauding.

If Maryanne is convicted for the second degree misdemeanor, she could be imprisoned for 60 days and have to pay a fine of $500. 


Cambodia appoints first female deputy prime minister

Cambodia appoints first female deputy prime ministerPhnom Penh - Cambodia has appointed former soldier turned journalist Mem Sam An as its first female deputy prime minister, the politician confirmed Thursday.

The 55-year-old, who represents the south-western province of Svay Rieng, was a senior minister in the previous cabinet and said she is honoured by the promotion.

Mem Sam An became part of Cambodian folklore in the 1970s, marshalling troops on the Vietnam border against the Khmer Rouge with what her comrades describe as extraordinary bravery.


Now, 3-D nanoimaging technique for sharper displays in LCD TVs, laptops

London, Oct 23 : Images in LCD televisions, laptop computers, and other digital devices will soon be much sharper, courtesy the new three-dimensional nanoimaging technique developed by a physics professor at Case Western Reserve University.

The 3D imaging technique, developed by Charles Rosenblatt, professor of physics and macromolecular science at Case Western Reserve University, can give a detailed account of the physical properties of liquid crystals.

The method of 3D optical imaging of anisotropic fluids such as liquid crystals, can provide volumetric resolution one thousand times smaller than existing techniques.


High-level Taiwan-China talks set for November 3 despite scuffle

Taipei - Taiwan and China are likely to hold second round of high-level talks in Taipei on November 3, despite a recent attack of a Chinese envoy by pro-independence activists during his visit to the island, a government source said on Thursday.

The Mainland Affairs Council, the island's top China policy planning body, was expected to hold a news conference at 4 p. m. (0800 GMT) in Taipei to announce that top China negotiator Chen Yunlin would arrive in Taiwan for the talks between November 3 and November 7, the source, who requested to remain anonymous, said.


Connection Between ED And Heart Attack

Connection Between ED And Heart AttackDr Geoffrey Hackett from the Good Hope Hospital in Birmingham said that erectile dysfunction is not taken seriously despite the fact that erectile dysfunction is the best predictor of cardiovascular risk in men.

ED gives a two to three year early warning of a heart attack. Erectile dysfunction is a symptom of vascular disease in the smaller arteries, doubles the risk of heart disease, a risk equivalent to being a moderate smoker or having an immediate family history of heart disease.


Anesthesia in infancy and childhood can cause Developmental Disorders

Children who undergo surgery before 3 years and are exposed to general anesthesia, have a double risk of behavioral or developmental problems than other children.

According to lead author Charles DiMaggio, an assistant professor of clinical epidemiology at Columbia University College of Physicians and Surgeons' Mailman School of Public Health in New York City,"There really is no hard evidence that there is any causal association between anesthesia and developmental outcomes in children, though research in rat models indicates that there may be some association between the types of anesthesia and neuronal [brain cell] level changes. The early concern is, could these data be extrapolated to humans?"


Taiwan stocks shed 2.72 per cent on Wall Street's losses

Taiwan stocks shed 2.72 per cent on Wall Street's lossesTaipei - Taiwan's stocks closed 2.72 per cent lower amid a bearish sentiment triggered by Wall Street's sharp overnight losses as well as a dismal global and local economic outlook, dealers said.

The TAIEX index opened nearly 4 per cent lower in response to the overnight fall of Wall Street. Government funds moved by mid-morning to buy strongly, helping to somewhat ease the slide.

The index closed at 4730.51 points, a drop of 132.08 points or 2.72 per cent.


25% of widely used new-generation biological drugs produce serious side effects

Nearly one fourth of the widely used new-generation biological drugs can cause serious side effects.  

Humiraand Remicade drugs for arthiritis; cancer drugs Rituxan and Erbitux, and the heart failure drug Natrecor were included in the list of these drugs.

The study has stunned the doctors who had been recommended these drugs considering them to be safer than other medicines.

The biological drugs are made from living material. They affect the body's disease-fighting immune system. Most of these drugs suppress the disease symptoms.

According to Dr Charles Bennett a Northwestern University drug safety expert, the mechanism of working can cause side effects.


Reducing CEOs'' stock-option compensation can help limit risky investments

Washington, Oct 23 : A new University of Missouri study has found that decreasing option-based compensation of chief executive officers (CEOs) help in reducing risky investments.

After the recent credit crunch, people have criticised firms’ large executive pay packages.

In fact, John White, director of the Securities and Exchange Commission''s Division of Corporation Finance, has urged all U. S. companies to consider reduce compensation packages that reward excessive risk-taking by executives.

The new study provides evidence that decreasing stock option-based compensation of CEOs after companies'' earnings restatements leads to a decrease of risky investments and improved profitability.


Why the world doesn''t seem a blur while running

Washington, Oct 23: No matter how fast we move or run, our eyes, head and body immediately adjust themselves according to our speed, and now scientists have uncovered the phenomenon underlying this unique ability, called vestibular-ocular reflex (VOR), in humans.

In their new study, researchers at the Salk Institute for Biological Studies explain how the vestibular-ocular reflex, which keeps us and the world around us stable, achieves the accuracy it is famous for.

The scientists said that signals from the vestibular system of the inner ear, which detects motion, are relayed in a linear fashion no matter how fast the neurons are firing, quite unlike other signals in the brain, whose transmission is frequency-dependent.


Sensex falls below 10,000-mark, Rupee also at record low

Sensex falls below 10,000-mark, Rupee also at record lowMumbai, Oct 23 : The benchmark Sensex tumbled by over 488 points and again dipped below the 10,000-mark in early trade on Thursday.

The Indian Rupee also hit a record low of 49.68 against the US dollar at the forex market.

Retail investors dumped stocks due to melting global stock markets and dismal quarterly results by some corporates.

The National Stock Exchange (NSE) index Nifty also tumbled by 147.05 points, or 4.13 per cent to 2,918.10.


Car gadget developed for motorists to avoid red lights

A device has been invented by a German car-maker that will let the motorists to avoid red lights. The name of this gadget is Travolution and it informs the drivers to drive at a specific speed so that when they arrive at the traffic lights, it is green.

The formula behind this gadget is that once installed inside the car, it plots the position of the vehicle and the distance from the next set of traffic signals. Following this, the optimum speed is displayed by it on a screen.


Anand wins again, takes three-point lead against Kramnik

It was a proud moment for World Champion Viswanathan Anand, when he again won against Russian Vladimir Kramnik in the sixth game with white pieces. Now Anand has widened his lead to a huge 3 points at the world championship match.

Anand, who took his tally to 4.5 points, is just two points away from launching himself as the all-time-great world champion. Earlier in 2001, he won the world championship and last year too he won the world championship match tournament. And this time too it seems that victory will be his.

As for Kramnik, he lost third and a fifth game earlier.

Overall, Anand displayed a good and flawless performance, playing with a balanced state of mind.


Interior ministers of Iraq's neighbours to meet in Amman

Interior ministers of Iraq's neighbours to meet in Amman Amman - Interior ministers of Iraq and eight of its neighbouring countries were scheduled to meet in Amman Thursday to discuss ways of helping the Iraqi government restore security to the violence-torn nation.

The two-day conference, the fifth of its type since the US-led invasion of Iraq in 2003, will be attended by Jordan, Iraq, Syria, Kuwait, Saudi Arabia, Bahrain, Egypt, Turkey and Iran.


Rajya Sabha sees the arrival of revised LLP Bill

With the motive to provide a new flexible business model for entrepreneurs and professionals engaged in trade, professional services and technology-based enterprises, a new and revised Limited Liability Partnership (LLP) Bill, 2008, was introduced by the government on Tuesday. The LLP Bill of 2006 gets replaced by this new-much awaited draft legislation.

In the Income-Tax Act, the tax structure of the new form of business would be addressed separately. Prem Chand Gupta the minister for corporate affairs, took the initiative to introduce the bill.


Silencing a protein may prevent leukemia

Washington, Oct 23 : Researchers at Penn State Hershey Cancer Institute have found that blocking signals from a specific protein that activates cells in the immune system could help kill cells that cause leukemia - a rare form of blood cancer.

The human immune system has a two-part strategy when dealing with infections. It generates antibodies that bind with bacteria and viruses to neutralize them.

For a short time, the immune system also produces large numbers of a type of white blood cell, cytotoxic T-cell that kills other infected cells.


Zaheer fined for his unsporting conduct

Zaheer Kahn has been fined 80% of his match fee due to his unsporting conduct, against  following the dismissal of  Australian opener Matthew Hayden.  Zaheer pleaded guilty to a charge of conduct opposing to the spirit of the game.

Zaheer was fielding when Hayden was given out LBW to spinner Harbhajan Singh. Chris Broad, the referee of the match, revealed "Zaheer circled the batsman and shouted at him in an aggressive manner." As Hayden walked out of the ground, he complained about Zaheer's indecent behavior to the square-leg umpire Rudi Koertzen.


Parents tell 3,000 white lies to kids while bringing them up

London, Oct 23 : Its not just children, who always lie, even parents know the art quite well, according to a new survey, which has shown that they tell up to 3000 lies to their kids while bringing them up.

Parents tend to lie about mere things in order to make their children behave properly; they also often lie about things when they do not know answer to the questions their kids ask them.

“Most lies are ones our parents told us. Fables get passed through generations,” the Sun quoted Kathryn Crawford of The Baby website, which commissioned the study, as saying.

The most common lie told by 84 per cent of mums or dads is that Santa Claus only gives presents to good children.


Footage of McCain interviewed as bedridden prisoner in Vietnam released

Presidential candidate John McCainLondon, Oct 23 : The French national archive has released a footage of Republican presidential candidate John McCain being interviewed as a bedridden prisoner during the Vietnam War.

McCain, who was filmed smoking, was emotional during the interview, the Sky News reported

The video portrays McCain as a hero but the message may be tarnished as he is filmed smoking a cigarette.


New study claims women prefer PC over BF

A new study is surely going to make men insecure, since this new study claims that women like spending time on computers than to spend times with their boy friends or partners.

The study brings to light that most of the women office workers spend almost three times as much time with their computers than their husbands or boyfriends. And they don't really mind it too. According to the Harris Interactive survey of 2,000 women; they in fact enjoy it.

There was only one in five women, who reported that they could spend more time with her mate. It seems that these girls were definitely using computers that run on older technology. But rest all said that they enjoy more time on their computers.


Bus rams vehicles in Kampala, kills at least 20

Kampala - At least 20 people died instantly and an unknown number was rushed to hospitals after a bus with failed brakes rammed into a column of 15 commuter vehicles in the Ugandan capital, Kampala, press reports said Thursday.

Brakes in the overcrowded bus entering Kampala from upcountry failed Wednesday night as it was ascending an road escarpment, the Kampala-based Central Broadcasting Service (CBS) radio station reported.

The bus rolled down the road, sweeping aside 15 commuter taxis and several other vehicles. The number of fatalities is believed to be much higher than 20, CBS said.


World looks at China "more than ever" during current crisis

World looks at China "more than ever" during current crisisBeijing - Can China save the world from the current financial crisis? To give the answer right away: no.

However, the nation with its more than 1 billion people and its strong economic growth may be able to offset at least some of the effects of the global financial meltdown.

"At the moment China can only save itself and thus be a certain stabilizing factor in Asia," said Joerg Wuttke, president of the European Chamber of Commerce in China.


Nokia Launches ‘N85’ Dual-slider Mobile Phone In Indian Market

Nokia Launches ‘N85’ Dual-slider Mobile Phone In Indian Market   Finnish giant Nokia has made announcement about the launching of its latest sleek looking, compact dual slider N series phone, named ‘N85’ in the Indian market.

With an aim to provide ultimate gaming experience together with feature-rich experience, the newly launched handset comes with 15try-and-buy mobile N-Gage games plus a voucher for one full game license.


Three coalition soldiers, dozens of militants killed in Afghanistan

Kabul - Three soldiers of the US-led coalition were killed in a roadside bomb attack in western Afghanistan, while dozens of militants were killed in clashes between Afghan and international forces elsewhere in the country, officials said Thursday.

The three soldiers were killed and one other was wounded when their vehicle was struck by a roadside bomb blast in the western region on Wednesday night, the US military said in a statement.

The statement did not disclose the nationalities of the victims. Most of the soldiers serving under coalition command are from the US.

In another incident in the southern province of Uruzgan, Afghan and coalition forces battled with a group of Taliban militants in Deh Rawood district on Tuesday.


Your opponent's face tells about his fighting ability

Washington, Oct 23: Boxers will now be able to assess the fighting ability of their opponents - by just looking at their faces, at least that''s what scientists at University of California suggest.

Scientists at the University of California, Santa Barbara has found that people can determine with uncanny accuracy the fighting ability of men around them by honing in on their upper body strength, by just looking at their faces.

"Assessing fighting ability was important for our ancestors, and the characteristic that the mind implicitly equates with fighting ability is upper body strength," said Aaron Sell, a postdoctoral fellow at UCSB''s Center for Evolutionary Psychology and the paper''s lead author.


Suspected US missile strike kills eight in Pakistan

Suspected US missile strike kills eight in PakistanIslamabad  - A suspected US missile strike Thursday killed at least eight people and wounded six others in Pakistan's restive tribal region along the Afghan border, as the country's leaders reiterated that the frontiers would be defended "at all costs."

Two missiles targeted an Islamic seminary, Sirajul Uloom, in Dandai Darpakhel village, located some 3 kilometres from Miranshah, the main town in North Waziristan tribal district, at around 
2:30 am (2030 GMT), security officials and residents said.


Barack Obama gains nine-point lead over John McCain

Barack ObamaWashington, Oct 23: Democratic presidential nominee Barack Obama has gained a nine-point lead over his opponent John McCain.

Less than two weeks before Election Day, Obama leads John McCain 49 percent to 40 percent among likely voters, according to a FOX News poll.

Obama’s advantage comes mainly from independents, and from the fact that more voters identify themselves as Democrats these days and almost all of them back their party’s nominee.


Barack Obama favours US troop surge in Afghanistan

Barack ObamaWashington, Oct 23: Democratic presidential candidate Barack Obama has said that he would order a surge of US troops - perhaps 15,000 or more - to Afghanistan as soon as he reached the White House.

“We’re confronting an urgent crisis in Afghanistan. It’s time to heed the call ... for more troops. That’s why I’d send at least two or three additional brigades to Afghanistan,” said Obama, the Democratic contender and now clear front-runner to replace George W. Bush.


Scientists selectively and safely erase memories in mice

Washington, Oct 23: Scientists have selectively and safely managed to remove new and old memories from mice, says a new study.

In the collaborative study, researchers were able to eliminate new and old memories alike by over-expressing a protein, called aCaMKII, critical to brain cell communication just as the memory was recalled.

"While memories are great teachers and obviously crucial for survival and adaptation, selectively removing incapacitating memories, such as traumatic war memories or an unwanted fear, could help many people live better lives," said Dr. Joe Z. Tsien, brain scientist and co-director of the Brain & Behavior Discovery Institute at the Medical College of Georgia School of Medicine.


World’s first 1,000mph car would be faster than a bullet

World’s first 1,000mph car would be faster than a bulletLondon, Oct 23: British engineers have unveiled plans for the world’s first 1,000mph car, a vehicle designed not to break the world land speed record, but to shatter it.

According to a report in the Guardian, Bloodhound SSC, named after the British cold war supersonic air defence missiles, will attempt to beat the existing record by more than 250mph.

Working from an aircraft hangar in Bristol, the research team’s engineers have been working on the project in secret for the past 18 months.


Aamir’s Killer Look In ‘Ghajini’

Aamir’s Killer Look In ‘Ghajini’After playing a kindhearted teacher in blockbuster ‘Taare Zameen Par’, perfectionist Aamir Khan will be seen in a ‘killer’ look in his upcoming flick ‘Ghajini.’

Aamir sports a masculine bare-chested-look with stylish tattoos on it.

Aamir also said that it was his primary attempt at doing an out an out action role, so he had to work hard for this unique look.

The actor also shows off his eight-packs in the movie for which, he had to undergo extreme physical training and gymming for almost a year.


Manmohan hails Indian community in Japan for building bridges of friendship

Tokyo, Oct 23: While addressing the reception hosted by Japan-India Association and Japan-India Parliamentary Friendship League, Prime Minister Dr. Manmohan Singh has thanked Japan for providing development assistance for India''s industrial modernization.

"In the next phase of our relationship, we seek to exploit the opportunities offered by globalization and by the synergies in our economies to expand flows of trade, technology and investment," Dr. Singh said.

He said that there are around 15000 strong Indian Diaspora in Japan largely involved in the technological professions and have toiled to make a mark in the Japanese society.


Scientists decode DNA of lung cancer genes

London, Oct 23: An international team of researchers have identified as many as 26 genes that are frequently mutated in the most common form of lung cancer, thus opening up avenues for developing new therapies for treating the disease.

The researchers looked at nearly 200 patients with lung adenocarcinoma and decoded or sequenced the DNA of several hundred genes that are known to or are suspected to be involved in cancer development.

By scanning the tumour genomes, they identified several abnormally active as well as silent genes.

The team was able to pinpoint more than 1,000 genetic alterations — the majority of which had not been previously known.


New Method To Diagnose TB Developed

Recent study has shown a better way to diagnose tuberculosis (TB). Traditional methods to test TB sometimes result in showing wrong people in need of treatment of TB whereas people with TB infection are diagnosed healthy. Researchers claim that that new blood test will equip doctors to more accurately pinpoint patients likely to develop the symptoms of tuberculosis.

Traditional testing method involves injecting the subject with components of the TB bacterium; a resultant swelling of the skin can signal dormant tuberculosis.  


Nine dead in attack on ministerial convoy in Baghdad

Baghdad  - Nine people have been killed in an apparent suicide bomb attack on the convoy of Iraqi Minister of Labour Mahmoud al-Radi on Thursday.

Ten other people were injured in the blast, which was detonated in the Tahrir Square area. Al-Radi was not injured in the blast, the Ministry of Labour said in a statement. (dpa)


Increase in Food Allergies in U.S. Children

The Centers for Disease Control and Prevention reported a rise in food allergies in American children with four out of every 100 kids affected. The allergies which affect about 3 million children, doubles their risk of asthma and triples their risk of skin or respiratory allergies.

Amy Barnum, MSPH, CDC health statistician said, "It is a significant trend -- food allergies do appear to be continuously increasing over the decade. And if you look at hospital discharges with any diagnosis related to food allergy, there has been a significant increase."


Facebook fuels ‘friendship addiction’ and users insecurity

London, Oct 23: Social networking site, Facebook, is responsible for ‘friendship addiction’ and is fuelling insecurity in users, according to psychologists.

With social networking sites becoming more of a substitute for families, it is the women who are most affected by it, as they derive their self worth from relationships with others and Facebook compels them to ‘acquire’ hundreds of friends, experts say.

According to David Smallwood, an addictions expert with the Priory clinic, at least 10 per cent of the population were vulnerable to ‘friendship addiction’.


Sensex Below 10K, Down 243 Pts

Sensex Below 10K, Down 243 PtsThe 30-share index Sensex, which had suffered a heavy loss earlier this morning, recovered over 200 points from today’s lows, touching a high of 9,968.12.

Metal, realty, banking, oil & gas stocks led the declining charts.

BSE Midcap and Smallcap index fell 2.52% and 2.26% respectively.

After opened the day negatively at 9,683.41, down 486.49 points, the Sensex crashed to 9681.28 following a massive sell-off in front line stocks.

At 10:59 a.m., Sensex stood at 9,926.09, down 243.81 points, after hitting a high of 9,928.11 and a low of 9,681.28.


GOP spent an astounding $150,000 on Palin’s look

GOP spent an astounding $150,000 on Palin’s lookThe journal Politico, citing expenditures listed on the Republican National Committee’s monthly financial disclosure forms, reported that the RNC shelled out in excess of $150,000 for the clothing, makeup and accessories of GOP vice presidential candidate, Sarah Palin, and her family, in September.


Swedish central bank to cut interest rates to 3.75 per cent

Stockholm - Sweden's central bank said Thursday it was to cut its interest rate by 0.50 percentage points to 3.75 per cent, the second cut this month.

The cut was to take effect October 29, the Riksbank said.

The bank's board of governors said "the interest rate cuts are aimed at alleviating the effects of the financial crisis" and added that the inflation target of 2 per cent remained.

Sweden was also experiencing the impact of the global financial crisis, and the economy was slowing down, the Riksbank said, adding that effects included higher loan costs for companies and households.


Sony revises downward earnings forecast for year amid slow economy

Sony Corp.Tokyo - Sony Corp revised downward its expected earnings for the current fiscal year by 38 per cent on a strengthening yen and slowing demand for consumer electronics amid a sluggish global economy, the company said Thursday.

The second-largest maker of consumer electronics in the world now expected a net profit of 150 billion yen (1.51 billion dollars) for the year ending March 31, down from an initial projection of 240 billion yen announced in July.

Last year, Tokyo-based Sony made a net profit of 369.44 billion yen.


Study: McCain is getting more negative media coverage than Obama

Study: McCain is getting more negative media coverage than ObamaPew Research Center’s Project for Excellence in Journalism revealed that Republican presidential nominee John McCain is getting more negative media coverage than his Democratic rival, Barack Obama - more than half the stories on McCain have been negative, compared to slightly less than one-third for Obama.


Sonam Kapoor Sizzles At Lakme Fashion Week

Sonam Kapoor Sizzles At Lakme Fashion WeekAnil Kapoor’s loving daughter Sonam Kapoor walked the ramp on day 2 of the five-day Lakme Fashion Week in Mumbai, and impressed the viewers with her alluring beauty.

Sonam swept the cheering crowd’s heart away when she walked the ramp for designer Tarun Tahiliani’s Levis collection at the spring-summer edition on Tuesday.

Tahilani said, “I have designed some exclusive collections for Levis and it will be a great experience to have Sonam walking the ramp for us.”

“I really loved it, had a great time,” Saawariya girl said.


Republicans ‘considering’ Palin as 2012 presidential candidate

London, Oct 23 : Republicans bracing themselves for defeat in the November 4 election are already contemplating the prospect of Sarah Palin becoming their presidential candidate against Democrat President Barack Obama in 2012.

Conservative Republicans are talking enthusiastically about Palin as a White house contender next time, acknowledging that if a week is a long time in politics then four years amounts to several lifetimes, The Telegraph reported.

“Sarah’s the one,” said one leading conservative who is convinced McCain will lose this election.

“The party is broken and only she can fix it. We need someone who comes from outside Washington and relates to the aspirations of ordinary Americans,” he added.


Dig at Augustus Temple in Turkey may bring a wealth of new history to light

Istanbul, Oct 23: An archaeological dig at the Augustus Temple in the Ulus area in Turkey is re-examining historical evidence that was uncovered almost a century ago, in an attempt to bring a wealth of new history to light.

According to a report in Today’s Zaman, the dig was sparked by the need for certain factors at the historical site: a new detailed plan of the site, refurbishment of broken or damaged pieces of the building and restoration of the site.

Within this framework, the archeological dig at Augustus will allow experts to examine historical evidence that was uncovered almost a century ago.


Biden in Colorado - talks about corporate greed, political unity

Biden in Colorado - talks about corporate greed, political unity Talking on the corporate greed issue on the second day of a campaign swing through Colorado, Democratic vice presidential candidate Joe Biden said Wednesday that if elected, he and Barack Obama will attack corporate greed, and go after executives who reward themselves at the expense of employees.

Biden said that it was unfair that employees of failed companies lose their pensions, while the corporate executives get paid millions of dollars.


How you hold your drinks may lie in your genes

Washington, Oct 23: In a study conducted on worms, British researchers have found that mutation in a gene that corresponds to a gene in humans, plays a crucial role in alcohol tolerance, i. e. the body’s ability to consume more alcohol.

Previous studies on mice by American researchers have suggested a link between a gene mutation in mice and tolerance to alcohol.

The researchers at Liverpool specifically looked at the role the gene plays in communication between cells in the nervous system.


Chandrayaan-I launch welcomed magnanimously in Delhi

New Delhi, Oct. 23 : The successful launch of Chandrayaan-I, India''s maiden unmanned mission to the moon, has elated people across the spectrum in the country, as it lent a fillip to India’s emergence as a super power in science and technology.

The jubilation was felt loud n’ clear in the national capital on Wednesday when cutting across party lines, political leaders, students and others applauded the efforts of Indian scientists.

"We are extremely happy with the success achieved in this milestone space programme and we warmly congratulate all the scientists and everybody who was involved in the project. More strength to India''s space programme," said Brinda Karat, member of Politburo, Communist Party of India (Marxist).


Jharkhand’s Birhor tribals still lead a primitive lifestyle

Chhatra (Jharkhand), Oct. 23: It could be surprising for many in the country but Birhor, one of the primitive tribes in Jharkhand, is surviving by eating roots and leaves from the forests for ages. They lead a primitive lifestyle here.

They depend on roots and leaves taken from the forest for their staple diet. But social scientists are concerned about Birhors’ survival. The fear stems from the knowledge that Birhors, at times, tend to eat even poisonous roots and leaves.

It is feared the habit may cause their extinction. Over two dozen persons, belonging to Birhor tribe, died in a fortnight recently after consuming toxic vegetation.


Aussie Police had found “jihadist” materials in Dr Haneef’s flat after arrest

Sydney, Oct 23: The Australian Federal Police (AFP) have revealed that a search of Dr Mohamed Haneef''s apartment shortly after he was arrested from Sydney last year had found some “jihadist” materials, including a brochure from a proscribed terror organisation and an inflammatory lecture by an al-Qa''ida-linked preacher.

The revelations are contained in the Federal Police''s submission to the Clarke inquiry, which was published on the Internet today, reported news. com. au.

The AFP also revealed that investigators had found a brochure from an organisation the AFP said was "prescribed in a number of countries".


Chandrayaan may help find whether Moon was the ‘eighth continent’ or not

London, Oct 23: Scientists are hoping that India’s Chandrayaan-1 lunar mission will help solve the riddle of whether the Moon is an alien body that collided with the Earth, or is part of the Earth that was broken off after a collision with another body.

According to a report in The Times, a camera on board Chandrayaan-1, which will take X-ray images of the Moon’s surface, may provide the answer to this riddle.

Manuel Grande, a British lunar scientist from Aberystwyth University, has helped to design the European Space Agency’s instrument.

“After the Apollo landings, people thought they knew a fair bit about the Moon - they''d seen people walking around up there,” Grande told The Times.


Shares fall sharply in Seoul

Shares fall sharply in SeoulSeoul - Shares continued their freefall Thursday on the Seoul stock exchange as panic selling gripped the market following losses in the US. South Korea's won slid to a ten-year low against the dollar.

The benchmark Kospi index fell 84.88 points, or 7.5 per cent, to close at 1,049.71, the lowest level in more than three years.

Declining issues outnumbered advancers 807 to 58.

The main index of the technology-heavy Kosdaq market plunged 26.58 points to 308.95.

On the currency markets, the US dollar was quoted at 1,408.80 Korean won, after 1,363.0 won on Wednesday. (dpa)


New Zealand election might not be shoo-in for opposition, poll says

Wellington - Next month's New Zealand general election might not be the predicted sure thing for the conservative opposition National Party, an opinion poll released Thursday night indicated.

Although the Nationals remained well ahead of the Labour Party, which has led minority coalition governments for the past nine years, the Greens, who are seen as certain potential partners for Labour, are showing their biggest level of voter support in five years, the TV3 poll found.

The Nationals are backed by 45.1 per cent of committed voters while Labour is supported by 37.4 per cent. But the Greens are on 8.8 per cent, which with Labour would produce a virtual tie in the election on November 8.


Lithuania ready for final say in general election

Vilnius - Lithuanians return to the polls for the second round of voting in their 2008 general election Sunday 26 October.

Two weeks ago, the first round of voting in the Baltic nation gave the opposition Homeland Union - the Christian Democrats - a slight lead with 19.72 per cent of the vote which they are predicted to extend in Sunday's vote and gain a mandate to form the next government.

"We are ready to take responsibility and expect the president's offer to start forming a new cabinet," party leader Andrius Kubilius said after the first round. The conservative-leaning party is currently in opposition.


Hillary Clinton designer finds Palin’s wardrobe spending strange

Washington, Oct 23 : Hillary Clinton’s pantsuits designer thinks that it would be unusual for a candidate as famous as Sarah Palin to need to buy clothes.

Republican National Committee has spent up to 150,000 dollars on the vice Presidential nominee’s wardrobe and makeup, since she became John McCain’s running mate.

However, one of the most famous political fashion designers of the year, Susanna Chung Forest, says that she finds the spending strange.

“Why do you need to pay for it?” CBS News quoted Forest, as saying.

“It’s an honour, you are going to design for someone who could be the president of the United States,” she added.


A daily tipple may hold key to happiness

Melbourne, Oct 23: A daily tipple can keep you happy, according to a new study.

Australian Unity Wellbeing Index has confirmed that those who drink one or two glasses of alcohol every day are the happiest people.

It found that happiness levels declined for older drinkers who had more than three drinks in a session, but not for those aged 18 to 26.

It also showed that those who exercise up to three times a week also were relatively happy but those who never drank were among the most miserable, recording "below normal wellbeing".


Scientists uncover mechanism behind building blocks of life

London, Oct 23 : Scientists at Newcastle University have now unravelled the mechanism by which the fundamental building blocks of life, proteins and metals, bind together.

Lead author Professor Nigel Robinson has revealed the mechanism, which ensures that the right metal goes to the right protein.

Life, microbe, plant or human, are all made up of atoms, which include metals such as copper and manganese which act as catalysts in proteins, which in turn around the metal atoms.


Storage breakthrough brings quantum computers closer to reality

London, Oct 23 : Scientists have now made it possible to store information inside the nucleus of an atom—a breakthrough that has paved the way for a quantum computer which could crack problems unsolvable by current technology.

Touted as the holy grail of computing, quantum computing involves individual piece of information, or ‘bit’, which can have more than one value at once, as opposed to current technology which is limited to either 1s or 0s. This can dramatically escalate the processing power and thus widens the scope of what computers can do.


Russians may have been the first potters on Earth

London, Oct 23: Russian archeologists have claimed that the Russians were the first people on the planet to cultivate land, breed cattle and make earthenware.

Russian tribes inhabited Khabarovsk Region in the Stone Age, the archeologists said after finding a 15,000-year-old hunters’ settlement on the bank of the Amur River in Khabarovsk.

According to a report in Press TV, stone axes, knives, scrapers, arrowheads and baked earthenware have so far been unearthed in the area.

“It was the first earthenware on the globe, and though it was primitive, with plain decoration, and poorly baked, yet it was a significant landmark in the history of mankind,” said Andrei Malyavin, an employee of Khabarovsk Archeology Museum.


USD Technical Forex Analysis for Daily Traders

The USD continued to advance against most majors but lost ground against Yen to end the day mixed and at new highs for the year. Stops were triggered in thin trade traders report suggesting that some bottom-picking has been done recently but the relentless one-way USD advance today made quick work of the USD bears today. Traders report that conditions were horrible and volumes almost non-existent suggesting that a potential bottom is once again forming.

With most traders focusing almost exclusively on liquidity, bank lending and the financial crisis, it appears evident that finding a USD bear will be hard work. In my view, the charge higher by the USD is suspect because it can't last due to the underlying fundamentals being what they are.


Hillary pitches to make Obama a President with political strength

Washington, Oct 23 : Senator Hillary Rodham Clinton has thrown her weight behind Democratic presidential candidate Barack Obama to make sure that he stands before the nation as a President with the political strength to break the gridlock, get things done, and start progress going in America again.

“We’re throwing everything we’ve got into making sure (Obama) stands before the nation as a President with the political strength to break the gridlock, get things done, and start progress going in America again. And with a filibuster-proof Senate, we''ll be able to bring the change this country so desperately needs,” Clinton wrote.


US military wants James Bond type flying submarine for its Special Forces

London, Oct 23 : The US military has launched a competition to find a design for a flying submarine, a week before the release of the latest James Bond film.

Bond drove a submersible Lotus Esprit in “The Spy Who Loved Me” and villain Scaramanga drove a flying AMC Matador coupé in “The Man With The Golden Gun” but the US group is looking for a vehicle that can do both, The Telegraph reported.

The Defense Advanced Research Projects Agency (DARPA), based in Arlington, Virginia, wants a flying submarine to help small teams of Special Forces to approach coastlines undetected.

The agency said that it wants the craft in order to “maintain its tactical advantage for future coastal insertion missions”.


GBP USD Technical Forex Analysis for Forex Traders

Follow-on selling surprises to the downside; stops cleared and orders thin. Traders note solid bids but offers remain. Rate at new support level but ranges appears wider. Drop under the 1.6500 handle finds light stops. Monthly lows give way as sentiment won't rally.

Traders note quality bids on the dip suggesting a bottom is in here somewhere. Aggressive traders can buy anytime but expect more whippy action. Follow-on selling likely from technical's but spillover strength from EURO likely to be better to end the week.


Fire cracker blast kills 19

At least 19 people, including 10 children, were killed in a fire cracker explosion in Bharatpur district of Rajasthan.

The explosion occurred at Deeg town, 30 Kms from the district headquarter of Bhratpur. Another 18 people were hurt in the explosion According to police sources. 14 of the injuries have been admitted in the hospital. The death toll could further rise as 10 people are feared buried under the damaged house.

The blast occurred before dawn in a house of a firecracker maker. It a caused a major fire in the locality. Subsequently the fire spread to near by areas and engulfed few houses.

People in that locality were busy in making firecrackers as the blast rocked the whole area. They do this illegally said a police officer.


EURO USD Technical Forex Analysis for Daily Traders

More lows overnight; stops drive trade into next technical support. After all is done today the rate is unchanged from US opens. Option barriers reported on the dip but those are cleared. Model accounts seen selling the rate under the 1.2800 area. Official interest noted traders say but rate continued to sell-off.

OK to look to the buy side now; rotation off the lows will likely signal a near-term bottom. Rate is an absolute screaming buy in my view—I can't see further weakness being ignored by the buyers. Oil two-way spills over into pricing and if oil rallies it might take EURO with it. Traders note stops building above the market along with offers.


Unmanned US spy plane crashes in southern Philippines

Cotabato City, Philippines - An unmanned US spy plane crashed and exploded in a southern Philippine town where government troops were hunting down rogue Muslim rebels, a Catholic priest who witnessed the incident said Thursday.

The plane was flying low and smashed into a telecommunications tower Saturday in Pikit town in North Cotabato province, 960 kilometres south of Manila, Father Eduardo Vazquez said.

"It crashed into the tower at the town proper, and it exploded like a grenade," he said. "The police and the military do not want to talk about it, but many people saw the spy plane."

Vazquez said police immediately recovered the wreckage and turned it over to the military.


Credit Suisse warns of tough market conditions ahead

Zurich - Credit Suisse became the first major European bank to unveil its third-quarter earnings Thursday warning that the banking business faced continuing tough conditions after the big Swiss bank confirmed a 1.26 billion Swiss-franc (1.08 billion dollars) quarterly loss.

Unveiling the third quarter results, the chief of Switzerland's second biggest bank Brady Dougan said: "We expect the market environment to remain very challenging and we are cautious with regard to the outlook for the fourth quarter."

Dougan went on to say that the third-quarter result was "clearly disappointing" but "understandable" considering the turmoil that has engulfed financial markets in recent weeks.


Ovum Report Ranks ‘ZTE’ 3rd Among ‘ON’ Vendors In Q2

Ovum Report Ranks ‘ZTE’ 3rd Among ‘ON’ Vendors In Q2 According to an Ovum report entitled “Market Share: 2Q08 Asia-Pacific ON”, ZTE Corporation (“ZTE”), a global provider of telecommunications equipment and network solutions, has recorded another sterling industry sales growth in the segment of Optical Networking (ON) during the second quarter.

The report shows that ZTE has the highest ON annual sales growth in Asia Pacific, with an 8% market share, the 4th highest in the region.


Spain seeks invitation to Washington economic summit

Madrid - Spain was stepping up diplomatic activity Thursday in a push to be invited to an economic summit to take place in Washington in mid-November.

Prime Minister Jose Luis Rodriguez Zapatero was scheduled to travel to the Asia-Europe meeting (ASEM) in Beijing, where he would meet European leaders and seek their backing for an invitation to the Washington summit, media reported.

Spain was carrying out "intense diplomatic activity on all levels," according to the daily El Pais.

The US has invited only members of the G-8 group - which Spain is not part of - plus developing countries with the largest economies to the summit, dealing with the challenges of the global economy in the aftermath of the financial crisis.


CEC to visit MP and Chhattisgarh today

The full body of Central Election Commission (CEC) will visit Madhya Pradesh and Chhattisgarh today to review the arrangements for assembly polls there. The The three-member Commission headed by Chief Election Commissioner N Gopalaswami will review the things at Bhopal on 23rd and in Raypore on 24th.

 Voting for 230 member MP assembly will be held on November 25. The CEC has declared for a single day poll schedule in MP.

On the other hand the Naxal affected Chhatisgarh would have two-phased elections on November 14 and 20. Both the states are ruled by BJP.


Challenger begins in Cuttack from today

Yuvraj Singh-is leading India Blue and S Badrinath is the captain of India Red.

India Blue is said to be the favourites to retain the trophy. It has presence of large number of star players including skipper Yuvraj Singh, Robin Uthapa, Irfan Pathan, Dinesh Karthik and Virat Kohli. This has given them advantage over other two teams.

The other team in the tournament is India green lead by Mohd. Kaif.

Yuvi as the fans call him is eyeing for a double century in the first match. ''My form has not been that good in recent times.Therefore, I am aiming to score a double hundred and bounce back into form,'' he said after the net practice session.


Vakrangee Software inks pact with Financial Information Network & Operations

Vakrangee Softwares Ltd.Vakrangee Softwares Ltd., a leading integrated document management and printing management solutions provider, has entered into an agreement with Mumbai-based Financial Information Network and Operations Ltd. (FINO), the Smart Card Solution Provider.

Under the arrangement, both partners will combine their complementary skills and expertise for execution of the Rashtriya Swathya Bima Yojana (RSBY) scheme announced by Government of India for the provision of Health Insurance cover to families below poverty line.


Britain’s ‘most important archeological’ discovery found in desk drawer

London, Oct 23 : Thousands of tiny gold pins which lay hidden in a desk drawer for 40 years have been described as one of Britain’s most important archeological finds.

According to a report in the Telegraph, the artifacts were part of a dagger buried with a warrior chief, near Stonehenge, nearly 4,000 years ago.

The pinhead-sized studs form an intricate pattern on the handle of the dagger, but archeologists failed to realise their significance when they excavated the burial mound in Wiltshire - known as Bush Barrow- in 1808.


European shares struggle to retain gains

Frankfurt - European shares struggled to hold on to gains Thursday after a slump in Wall Street and a mixed performance of bourses across Asia.

Amid renewed concerns about the outlook for the global economy and corporate profits, Europe's blue-chip Stoxx 50 began the trading day edging up 0.7 per cent to 2,286 points.

Reflecting the nervous investment climate shares in London gained 0.90 per cent in early trading. Paris' CAC 40 index posted a 0.37-per-cent increase. However, Frankfurt lost 0.51 per cent in early trading.

The oil price managed to pull back from recent losses, rising by 0.2 per cent to 66.87 70 dollars a barrel. In July energy prices were heading towards 150 dollars a barrel.


Slovakia excited about British queen's first visit

Bratislava - Britain's Queen Elizabeth II was to arrive in Slovakia Thursday for her first visit to the ex-communist country that went independent 15 years ago and became an economic success story.

The queen and her husband, Prince Philip, were coming off a trip to Slovenia, a smaller country to the south that once was part of Yugoslavia.

In Slovakia, the queen was to meet Thursday with President Ivan Gasparovic, Prime Minister Robert Fico and Sir Nicholas Winton, 99, a Briton who saved hundreds of mostly Czechoslovak Jewish children from Nazi concentration camps on the eve of World War II.


RCom, HTC Join Hands To Launch ‘HTC Touch Diamond - CDMA (P3051) In India

Reliance Communications and HTC Corporation entered into a strategic alliance to introduce the innovation-packed HTC Touch Diamond - CDMA (P3051) in the Indian market.

The recent declaration further strengthens the successful partnership between HTC and Reliance Communication to roll out superior and top-notch mobile handsets for India in the strong-growing CDMA market in India.

Under the alliance, the HTC Touch Diamond - CDMA (P3051) will be exclusively provided on Reliance Communications state-of-the-art wireless network spread across 15,000 towns and 4 lakh Indian villages.


Raj to appear in Wikroli court

MNS chief Raj Thackeray will appear in Mumbai's Wikroli court on Thursday. The Maharastra Govt. has filed another petition against Raj, seeking cancellation of his bail plea in a different case.

"The State government is seeking the legal opinion on the execution of the non-bailable warrant issued by Jamshedpur magistrate's court against Raj Thackeray and Police will follow all necessary legal procedures in the matter," Maharashtra Deputy Chief Minister R R Patil said.


Geometric signs ‘Reseller Agreement’ with Autoline Industries arm

Geometric LimitedGeometric Limited, a leading provider of Engineering Services and Product Lifecycle Management (PLM) solutions and technologies, has entered into a reseller agreement with Autoline Design Software Limited (Autoline), a wholly owned subsidiary of Autoline Industries Limited.

Under this deal, AUTOLINE will distribute Geometric's desktop products like eDrawings Publishers, DFMPro and GeomCaliper.


Banking groups weather financial turmoil according to Q3 reports

Stockholm - Main Swedish banking groups Nordea, Swedbank and SEB on Thursday reported third-quarter results suggesting they had weathered the first phases of the financial turmoil.

Shares for all three groups were mid-morning in positive territory on the Stockholm bourse where the OMXS index was flat. The fourth major group Handelsbanken, which reported Wednesday, was also up.

Banking group Swedbank said its third-quarter operating profit was 3.1 billion kronor (395 million dollars), down 15 per cent year-on-year, while total income in the quarter was 8.2 billion kronor or 13 per cent lower than in second-quarter 2008.


SC rejects Vikas Yadav's plea on Katara case

The Supreme Court has rejected the plea of Vikas Yadav seeking hearing of his appeal by any high court other than that of Delhi. Vikas, sentenced to life imprisonment in Nitish Katara murder case, is the son of UP politician D P Yadav.

A bench comprising of Justice Dalveer Bhandari and Justice HS Bedi rejected his plea mentioning that it did not carry any merit.

Vikas Yadav along with his cousin Vishal were awarded life term sentence by a sessions court in New Delhi on May 30. They were accused of killing Nitish Katara near Ghaziabad in Uttar Pradesh in 2002.


Karur Vysya Bank signs MoU with ICRA

Karur Vysya BankKarur Vysya Bank has informed that it has signed a Memorandum of Understanding (MoU) with leading credit rating agency, ICRA Limited.

Under the MoU, ICRA will assign ratings to the Bank's loans and its other exposures under the standardized approach of RBI's New Capital Adequacy Framework for Basel-II.

Karur Vysya Bank has to assign the new risk weights applicable to its borrowers under Basel-II. According to the lender, the risk weights would be linked to the various rating categories and would be as per RBI's Basel II guidelines.


Faster than a bullet - Britons plan a 1,000 miles-an-hour car

London - The British team that already holds the world land speed record said Thursday it plans to build a 1,000-miles-an-hour (1,600 kilometres) car in the next three years.

The Bloodhound SSC (supersonic car) will be 13 metres long, six metres wide and be powered by a jet engine normally used on the Eurofighter, plus a rocket, said project leader Richard Noble.

"We have to defend our record," said Noble, whose team in 1997 produced the current record-holder which reached a speed of 1,228 kilometres (785 miles) an hour, breaking the sound barrier.

Noble said the new car would be faster than a bullet, covering the distance of four football fields in a second.


Areva T&D gets contract worth 35 million Euro from Bhilai Steel Plant

Areva T&D India LimitedAreva T&D India Limited, the Indian subsidiary of AREVA France SA, has bagged a contract worth 35 million euro from Bhilai Steel Plant (BSP)1, a flagship unit of the “Steel Authority of India Ltd” (SAIL), the largest steel manufacturer in India.

This contract includes a 132kV Gas insulated substation and Air insulated substations.

In addition, it also includes the complete revamping of the existing protection & control system and feeding the new sub stations through 132KV transmission cables.


Mangalore: MCC Plans to Provide 24/7 Water Supply

It's really good news for people of Mangalore city. They will be getting 24 hour water supply facility in the coming days.

The project will be started on a pilot basis in selected wards of the Mangalore City Corporation (MCC). Later all the 60 wards of the corporation will be included under the project said Minister for Urban Development S. Suresh Kumar.

At present this 24/7 water supply is available in Gulbarga, Belgaum and Hubli city corporations. Eight wards in each of those corporations were provided 24/7 water supply on a pilot basis.


Parsvnath to build a 5-star hotel in Ahmedabad

Parsvnath Developers Limited (PDL), India’s leading real estate company, has informed that it would build a five-star hotel comprising
152 rooms in Ahmedabad.

Parsvnath Hotels, a subsidiary of Parsvnath Developers, has undertaken construction of hotel at Vejalpur, Ahmedabad, which has received five-star category approval from the Ministry of Tourism. The project is located just 14 kms away from the airport and mere 9 kms away from the railway station.


French shares mixed after Wall Street's plunge

Paris - French shares were mixed in early Thursday trading in the wake of overnight losses on Wall Street and Asian markets.

In mid-morning trading on the Paris Bourse, the benchmark CAC 40 index was up 0.29 per cent, at 3,307.77, with losers and gainers running about even, as investors were apparently still digesting two contradictory reports about the state of the French economy.

The government's statistical office Insee announced Thursday that French household spending on manufactured products had risen by a healthy 0.6 per cent in September.

However, Insee also said that French manufacturers' confidence - generally an accurate forecast of coming economic developments - had fallen to its lowest point since December 1993. (dpa)


NTPC unveils its plan to raise Rs 4500 crore

NTPC LtdIndia’s state-run power generator NTPC Ltd has revealed its plans to raise up to Rs 4,500 crore from domestic as well as international markets for meeting its expansion plans in the current financial year.

The company intends to raise up to $500 million from the global market by March, to support their expansion plan.

The company also plans to raise Rs 2,000 crore from the domestic market through private placement of bonds.

NTPC stock ended the day at Rs 144, down 5% compared to its previous close of Rs 152.


Aetna Teams Up With Microsoft For Health Records Storage

In a first of its kind, health insurer Aetna Inc. teaming up with Microsoft Corp. is offering clients medical record storage, allowing them to access the Internet-based vault, even if they change jobs or replace their health plan for another.  According to Wall Street Journal, beginning next month, all Aetna clients will be able to transfer information from their Aetna ‘personal health record’, an online repository of data, such as, claims, diagnoses, test results and prescriptions, to HealthVault.  Patients will be allowed to choose what they want to transfer between Aetna and Microsoft.


Tara Ultimo plans to roll out 50 new retail outlets across country in next two years

Mumbai-headquartered Tara Ultimo, a company manufacturing and retailing jewellery, plans to come up with 50 outlets across India in the next two years.

Recently, the company has launched its first store in Goa in tie-up with states’ major industrial group Alcon.

After successful launch of store in Goa, the company intends to launch similar stores in Mumbai and Chandigarh followed by Pune, Raipur, Mumbai (2nd store), Delhi and South Indian cities.

The 1,243-crore company after spreading its footprints in places like New York, Germany, Australia, Japan, China, UK and Los Angeles, has decided to strengthen its position in India's retail market.


Chinese civil rights activist wins EU Sakharov Prize

Strasbourg, France - The European Parliament on Thursday awarded its prestigious Sakharov Prize to Hu Jia, a Chinese civil rights activist, rejecting warnings from Beijing.

Hu Jia was picked from a shortlist of candidates that also comprised Aleksandr Kozulin, a former presidential candidate in Belarus, and Apollinaire Malu Malu, who chairs the Independent Electoral Commission of the Democratic Republic of Congo.

The decision was designed to send a strong signal to China on the day in which European Union officials were meeting their Asian counterparts in Beijing.

Shortly before the announcement, the Chinese authorities reportedly sent a letter to the European Parliament cautioning it against choosing Hu Jia.


National symposium on public-private partnership kicks off in Kathmandu

Kathmandu, Oct 23 : Nepal Prime Minister Prachanda inaugurated the National symposium on Public-Private Partnership (PPP) here on Wednesday.

Addressing the opening ceremony of the symposium, Prachanda said the model of PPP is the best alternative for the development of Nepal. We not only need peace but also an economic development to sustain that peace.

“The PPP was required to build big projects so that local people can themselves emulate the model in building small and medium size development projects,” he added.

Prachanda also called for change in the mindset and culture in line with the political change in the country.


Genzyme’s Campath Slows Multiple Sclerosis

A recent study published in The New England Journal of Medicine, reports that Campath, a Genzyme (GENZ) drug already approved for leukemia, could be one of the most effective treatments for multiple sclerosis, as it shows potential for reversing the disease.  Researchers found patients on Campath recovered lost motor functions somewhat and, seemed less disabled three years after trial participation.  The study results suggest that Campath allows damaged nerve tissue to repair.


First birds used feathers for show, not flight

Washington, Oct 23 : One of the oldest known dinosaur relatives of birds had “bizarre” anatomy, including long, ribbon-like tail feathers that suggest plumage may have first evolved for show rather than for flight.

According to a report in National Geographic News, farmers unearthed a fossil of the new dino species, dubbed Epidexipteryx hui, from the hills of Inner Mongolia in late 
2007.

The remains date back to 152 million to 168 million years ago, making the newfound creature slightly older than Archaeopteryx, the most primitive known bird.

Like other avialans—birds and their closest dinosaur relatives—Epidexipteryx is a theropod, a group of two-legged animals that includes Tyrannosaurus rex.


NHRC notice to Maharashtra Government on MNS activities

New Delhi, Oct 23 : The National Human Rights Commission (NHRC) issued a notice to the Maharashtra Government after having taken the suo-motu cognizance of the incidents of attack on north Indian aspirants for railway jobs by the Maharashtra Navnirman Sena (MNS).

The Commission has asked the state Chief Secretary and Director General of Police to submit their reports within two weeks.

The Commission said the media report highlighted the attack by the Maharashtra Navnirman Sena on aspirants for employment in the Railways and its demand that only Maharashtrians be recruited to fill vacancies in Central and Western Railways.


ItzCash inks pact with Thomas Cook to offer online travel booking service

Itz CashItzCash, the country’s first ever ‘Multi Purpose Prepaid Cash Card’ has informed that it has entered into a partnership with Thomas Cook, to facilitate online travel bookings.

The partnership is eyeing at an increase in online transactions at Thomas Cook and both partners has setup estimated target of 1.5 lakh transaction in rail booking, 0.5-lakh transactions for air booking for the next six months.


Shares hit new low for 2008, pare some losses

Shares hit new low for 2008, pare some lossesMumbai, Oct 23 : The Bombay Stock Exchange (BSE) fell to its lowest since June 2006 on Thursday as a global rout of equities raised worries of further foreign investor selling, before some bargain hunting helped the market regain some composure.

Leading private sector firm the Reliance Industries, which reports quarterly results after market hours, was down 3.9 percent at 1,264.70, having earlier fallen as much as 6.4 percent to its lowest since Dec. 2006.

The company is forecast to report a modest 2.2 percent rise in net profit on slimmer refining margins.


School children in Amritsar say, ‘No, to crackers” ahead of Diwali

Amritsar, Oct. 23 Hundreds of schoolchildren took out a march here on Thursday to spread general awareness and appeal children to not burn fireworks to celebrate the upcoming Diwali festival.

Participating in the march, the children carried placards reading messages like “ Say, no to crackers”.

Students appealed all children not to waste their parents’ hard-earned money on fire-crackers. The gesture was also aimed at preventing air and noise pollution through public awareness.

The participants in the march said the fireworks also cause harmful effects on everyone’s health with their poisonous gases.


Lung Cancer Linked To 26-New Genes

A study carried out by researchers from the Broad Institute of Massachusetts Institute of Technology and Harvard University have discovered 26-new genes that are linked to the development of lung cancer.

Looking at 188-patient donated samples of lung adenocarcinoma, a very common and deadly form of lung cancer, 623-different genes were studied as possible suspects, and then compared to genes in healthy tissue in patients.  The researchers found that a total of 26-genes were linked to this type of lung cancer that affects 40% of the 1-million lung cancer deaths each year.


Tata Teleservices to launch its services in J&K, North Eastern region in next two months

TATATata Teleservices, a part of the Tata Group of companies, has informed that it would launch its services in Jammu and Kashmir and the North Eastern region in next two month.

The proposed roll out of services would take its presence to 21 circles across the country. Presently, the company operates in more than 6600 towns across 19 circles.


Hu Jia: activist defies China's panoptic glare

Beijing - His name was familiar to US President George W Bush and Chinese President Hu Jintao months before he won the EU's Sakharov prize for human rights, yet just a few years ago China's most prominent dissident was a largely unknown activist for the rights of people living with HIV/AIDS.

Hu Jia's international reputation grew while he was forced to spend most of his time confined inside his suburban apartment on the outskirts of Beijing in 2006 and 2007.

Before his formal arrest in late December, Hu had spent most of the previous two years under virtual house arrest or other forms of detention.


Axel Springer launches Chinese online version of car mag

Berlin - Germany's biggest newspaper group, Axel Springer, said Thursday it was launching a Chinese online edition of its car magazine Auto Bild.

The site, www. autobild. com. cn, is to carry blogs, reader forums, photo series and videos about new cars for the "the world's second biggest automotive market," the company said in Berlin.

Ralph Buechi, president of Axel Springer International, said the move reflected China's fast-growing online advertising market. Auto Bild is published in 34 countries. (dpa)


Gold loses Rs 370 per 10 gram; settles the day at Rs 12,155

Gold PricesGold prices slumped sharply today to end the day with a loss of Rs 370 per 10 grams to Rs 12,155. The price of Gold in local markets dropped due to dramatic collapse in the international prices.

In the local market, standard gold (99.5 purity) ended at Rs 12,155 and pure gold (99.9 purity) also went down by Rs 355 per 10 grams to Rs 12,230 from Rs 12,585 yesterday.

Along with this, Silver also eased further on lack of industrial demand. Silver ready (.999 fineness) corrected by another Rs 70 per kilo to Rs 17,980 from Rs 18,050.


‘Death protein’ find may lead cancer cells to self-destruct

Cancer CellsLondon, Oct 23: Scientists at Dana-Farber Cancer Institute have identified a potential target for developing new cancer drugs.

They have found a previously undetected trigger point on a naturally occurring "death protein" that helps the body get rid of unwanted or diseased cells.

The research team suggests that the newly discovered ‘trigger point’ called BAX can help design new drugs that would force malignant cancer cells to commit suicide.


Jealousy Shows Itself In The Cradle

In what is a surprising finding, a new study on babies shows that those cute and cuddly bundles of joy, exhibit signs of jealousy even as young as three months old.

Prof. Maria Legerstee, Department of Psychology, York University and her team studied 50-babies aged 3-months and 6-months with their mothers on hand.  They found interacting with the babies that if the babies were not responded to, they looked sad and looked away.  However, when she took a drink and didn’t engage with them, they didn’t seem to mind, indicating that even babies can sense the reason behind uncommunicative behaviour.


“On the edge” Pak going through worst crisis of its history, say Nawaz, Imran

London, Oct 23 : Top Pakistan Opposition leaders have said that the country was heading towards its worst ever crisis, and with the renewed insurgency it was “on the edge”.

“Pakistan is going through the worst crisis of its history,” said to a leaked letter signed by the former prime minister Nawaz Sharif, the main opposition leader in Pakistan.

A similar view is shared by cricketer-turned-politician Imran Khan, another opposition leader, who says that the political and economic meltdown "is leading to a sort of anarchy in Pakistan". “How does a country collapse?” the former cricketer asked.


Sharp drop in OPEC crude price before Friday cartel meeting

Organization of the Petroleum Exporting CountriesVienna - Two days before the Organization of the Petroleum Exporting Countries (OPEC) was set to meet in Vienna to discuss production cuts, the cartel's basket price fell by 3.53 dollars Wednesday.

Pulled down by falling stock markets and reports of growing stocks and slowing demand in the United States, one barrel (159 litres) of OPEC crude stood at 60.82 dollars at mid-week, compared with 64.35 dollars on the previous day.


‘Kim Jong-il still in control of North Korea’

North Korean ruler Kim Jong-ilLondon, Oct 23: North Korean ruler Kim Jong-il is still in control of the country despite rumours about his health. In recent times Kim Jong-il has missed significant public events including the 60th anniversary of the founding of North Korea.

“There has been a lot of speculation with no clear indication about Kim Jong-il’s whereabouts, but I do not believe there are any changes in North Korea because of Kim’s health,” said South Korean President Lee Myung-bak in a newspaper interview following reports that Kim had suffered a stroke and had brain surgery in August.


Economic outlook, Wall Street drop send Asian stocks plunging

Tokyo - Asia-Pacific stocks took dives Thursday amid bearish sentiment triggered by Wall Street's sharp overnight losses as well as a dismal global and regional economic outlook.

The market in the region's largest economy, Japan, also dipped as a stronger yen dimmed sales prospects among the country's export-oriented manufacturers.

The Nikkei 225 Stock Average fell 2.46 per cent to close at 8,460.98. The benchmark index recovered significant ground after losing more than 7 per cent in morning trading and hitting a five-year low.

The broader Topix index of all first-section issues also fell 1.97 per cent to 871.7.


Erectile Problems – An Impending Sign Of Heart Attack

Dr. Geoffrey Hackett, an urologist claims that erectile dysfunction is an early warning sign (two to three years) of an impending heart attack.

In a letter published in the online edition of British Medical Journal, Hackett writes that it is often ignored as doctors feel uncomfortable asking about it, thus treating it more like a ‘recreational or lifestyle issue’.  However, it is no longer acceptable to ignore the issue, and it is clinical negligence on the part of doctors to treat impotence as a socially embarrassing afflicition.


Hang Seng down 3.5 per cent after late recovery

Hong Kong - The benchmark Hang Seng Index dropped below 14,000 to close 3.55 per cent down at 13,760.49 Thursday after a roller-coaster trading session which saw the index fall more than 6 per cent in morning trade.

The index recovered to punch above 14,000 in early afternoon trade before the gains were lost and the index ended the day 506 points down.

Turnover was 56.46 billion Hong Kong dollars (7.23 billion US dollars).

Analysts said Hong Kong stocks were adversely affected by weak corporate earnings, with Chinese companies especially affected.


Condoleezza Rice brands Sarah Palin “fantastic” fails to endorse her candidature

US Secretary of State Condoleezza RiceWashington, Oct 23: US Secretary of State Condoleezza Rice has reportedly described (her party) Republican vice-presidential candidate Sarah Palin as a “fantastic person”, but fell short to fully endorse her candidature for the second most powerful post in the country.

She also said that Hillary Clinton too was a terrific personality.


How some people can generalise past events for future decisions

Washington, Oct 23: A new research has uncovered how some people are good at generalizing from past experience, while others are not.

The study has revealed how the brain can connect discrete but overlapping experiences to provide a rich integrated history that extends far beyond individually experienced events and may help to direct future choices.

Usually, decisions are guided by drawing on past experiences, perhaps by generalizing across discrete events that overlap in content.

But, how such experiences are integrated into a unified representation was unclear, until now.


Iraqi forces take over security detail for Babel province

Baghdad - Iraq's Babel province Thursday took over its own, Iraqi-led security duties from the Multi-National Forces (MNF).

"Taking responsibility for Babel province shows that the Iraqi forces are capable of taking control of their own security and fighting terrorism," National Security Adviser Mowaffaq al-Rubaie said during the handover ceremony.

US soldiers were present at the ceremony along with high-ranking Iraqi officials and clan chiefs. No other nationalities were present. The mostly Shiite province is the 12th to receive its security file.


‘Educational Adalat’ for teachers to solve problems

Banglore: A good news for the teaching staff, working with the higher education sector. The Department of Collegiate Education held an ‘Education Adalat’ to solve the problems of faculty regarding their promotions, placements, incentives and settlement of pensions etc.  

Arvind Limbavali, Higher Education Minister, inaugurated the Adalat in Banglore and he addressed the teaching staff “Now that a system has been put in place to solve your problems, I expect you to focus completely on improving your colleges, especially the standard of education.”


A new ‘imaging technique’ developed for cervical cancer

A new technique for cervical cancer has developed which can locate the cancer at early stage. Nandita de Souza and her team has developed this technique at the Institute of Cancer Research and London’s Royal Marsden Hospital. The new technique called as 'Diffusion weighted imaging'.

This technique allows the doctors to carry out precise surgery to remove the tumours. The team observed 59 women with cervical cancer aged between 24 and 83 over a period of 22 months and they found that 88% of cancer cases were detected by using the new technique as compare to 77% who were detected by using external scans.


Singapore shares drop further

Singapore - Singapore shares came under another round of selling pressure Thursday, mostly in line with the downward trend among other Asian bourses.

The Straits Times Index (STI) fell by 75.46 points, or 4.14 per cent to close at 1745.67, with 341 counters reporting losses and 149 gains.

The STI was down by over 68 points at mid-day, with early morning trade nose-diving. However, trading was more somber from late morning through to the rest of the day.

Thursday's selling was in line with what has been happening at the regional bourses and the continuing reaction of the global financial and economic crisis, said Nancy Wei, head of research at brokerage UOB Kay Hian Pte Ltd.


Singapore and Karachi bourses to collaborate

Singapore - Singapore Exchange Limited (SGX) and Karachi Stock Exchange (KSE) have signed a memorandum of understanding (MoU) to collaborate for the benefit of the financial services industries in Singapore and Pakistan, officials said Thursday.

The MOU aims to foster a closer relationship between the two exchanges.

The pact, which was signed in Singapore on Wednesday, includes sharing best practices regarding each exchange's products as well as the operation and governance of their respective markets.

"This MoU fosters a closer relationship between the two exchanges. We look forward to working with KSE to help develop our respective financial markets," said SGX chief executive officer Hsieh Fu Hua.


Bulgaria offers troubled mill to India-born magnate Lakshmi Mittal

Sofia - The Bulgarian government on Thursday invited the world's largest steel concern, Arcelormittal, to take over the troubled Kremikowtzi mill.

"It is one of the world's best-known enterprises," Economy and Energy Minister Petar Dimitrov said, announcing the decision to call in the company of the India-born billionaire Lakshmi Mittal.

Lakshmi's younger brother, Pramod, already owns the majority stake

in the debt-ridden Kremikovtzi mill, near the capital Sofia, which went bankrupt in August.

Dimitrov said however that the government is negotiating the sale of its 25-per cent stake in Kremikovtzi with "other domestic and foreign candidates."


Asia must join response to financial crisis, EU says

Beijing - Major Asian economies Japan, China and India must play a full role in overcoming the global financial crisis, European Commission President Jose Manuel Barroso said on Thursday.

"We need to take the lessons of the crisis for reform of the global financial system," Barroso told reporters ahead of a summit of Asian and European leaders.

"We need Asia on board," he said, adding that the participation of China, India and Japan was vital for a global solution to the crisis.

"Apart from the financial dimensions of the crisis, there are major imbalances in global trade," Barroso said.


Nicolas Sarkozy to sue publisher over voodoo doll

French President Nicolas SarkozyParis - French President Nicolas Sarkozy is going to court to force a French publisher to take off the market a voodoo doll in his image, French media reported on Thursday.

The doll, 20,000 of which went on sale on October 9, comes with a manual and a dozen pins that can be stuck through well-known quotes of his - such as "Work more and earn more," or "Bugger off, you ass" - which are printed on the doll.


Aborigine rock art may revise Australia’s history books

Washington, Oct 23: Thousands of Aborigine rock paintings discovered in the remote ranges of northern Australia may force a rewrite of the nation’s history books, as the art, which is 15,000 years old, depicts contact with other cultures possibly centuries before the arrival of the British.

The paintings were found in the Arnhem Land, which juts out into the Arafura Sea at the top of Australia.

According to a report in National Geographic News, the library of Aborigine history shows ships—including WWII destroyers and ocean liners—extinct animals, and modern inventions, such as bicycles, planes, and cars sketched onto the walls of rock shelters in the Aborigine territory of Arnhem Land.


DeGeneres using own money to fight Palin-backed same-sex marriage ban

Sarah PalinNew York, Oct 23 : Newlywed Ellen DeGeneres is shelling out 100,000 dollars of her own money in hopes of quashing Sarah Palin-backed California''s Proposition 8, which seeks to ban same-sex marriages.

DeGeneres, who wed partner Portia di Rossi this summer, has released a short video through NoOnProp8. com urging Californians to vote against the controversial measure, and has now made a media buy to create a longer television commercial.

"I got to do something this year I never thought I''d ever be able to do," the New York Daily News quoted DeGeneres in her video, as saying.


Icelandic designer creates world''s first bulletproof handkerchief

New York, Oct 23 : Newlywed Ellen DeGeneres is shelling out 100,000 dollars of her own money in hopes of quashing Sarah Palin-backed California''s Proposition 8, which seeks to ban same-sex marriages.

DeGeneres, who wed partner Portia di Rossi this summer, has released a short video through NoOnProp8. com urging Californians to vote against the controversial measure, and has now made a media buy to create a longer television commercial.

"I got to do something this year I never thought I''d ever be able to do," the New York Daily News quoted DeGeneres in her video, as saying.


Obama overwhelmingly popular among Chinese people

Obama Ahead, But Presidential Race Still ‘Tight’ Washington, Oct 23 : Democratic presidential nominee Barack Obama may be leading the US presidential race against John McCain by only about 10 percent in his country, but enjoys a much higher rating in China.

A Reuters/C-SPAN/Zogby poll released on Wednesday gave the Democratic presidential nominee a 10 percent lead over his Republican rival.

But an online poll conducted on China Daily’s website by the US Embassy, shows Obama enjoys the support of 75 percent among the Chinese.


Daimler cuts earnings forecast in the face of recession fears

Daimler-AGBerlin  - Giant German carmaker Daimler AG became the first of the country's key auto groups Thursday to report its third-quarter results, reducing its earnings forecast again in face of deepening economic gloom.

The manufacturer of luxury Mercedes-Benz vehicles said it now expected to post operating profit in 2008 "of more than 6 billion euros" (7.67 billion dollars).

Daimler chief Dieter Zetsche had three months previously reduced the group's 2008 earnings to about 7.0 billion euros from 7.7 billion euros, amid concerns that high energy prices and the prospects of an economic downturn will keep car buyers away from showrooms.


Goldman Sachs to cut about 10 per cent of workforce

New York - Goldman Sachs Group Inc plans to slash its workforce by about 10 per cent - or about 3,300 jobs - as a consequence of the financial crisis, reported the Wall Street Journal in its Thursday edition.

Such a move would mean that the financial crisis has hit an institution that has weathered the troubles relatively well so far. As other banks have had to accept buyouts or go under, Goldman Sachs has continued to book profits.

The crisis threatens more than 10,000 jobs in New York's financial sector. Estimates say the city could face losses of between 10 per cent and almost 20 per cent of jobs connected to Wall Street, or tens of thousands of additional job losses.

Goldman Sachs employs about 32,500 workers.


Horlicks and Maggie Noodles ads banned in UK

Horlicks and Maggie Noodles ads banned in UKLondon, October 23 : An advertisement that claimed Horlicks makes children ''taller, stronger and sharper'' and had been tested on children at a boarding school has been banned in the UK along with an advert for Maggie Noodles alleging a similar claim of strengthening muscles and bones.

The Advertising Standards Authority (ASA) that had put the ban stepped in to say that the advertisements were deceptive and violated the UK''s strict industry code, reports the BBC.


Pilgrims flock NY home to pay obeisance to elephant-shaped Ganesha plant

New York, Oct 23 : Sam Lal’s home has turned into a pilgrimage of sorts, as neighbours and friends are flocking his Queen’s home to catch a glimpse of the strange plant that resembles Hindu Lord Ganesha.

Lal, who first noticed the purple plant, from the amaranth family, claimed that the plant relieved him of his chronic back pain.

And now, everyone on Lal''s block in Jamaica wants to get a peek at the incredible flower.

"I''m amazed - I actually got goosebumps when I saw it. I feel the presence of God," The New York Daily News quoted Hansannie Singh, 41, of Bellerose, Queens, as saying.


One in five male victims are subject to sexual abuse by women

Melbourne, October 23 : One in five male victims are sexually abused by women, a new study has revealed.

According to ‘Spiritus Kinections’ counselling services co-ordinator Dr Gary Foster, 5-10 percent of all reported rapes in any year see adult male victims.

The Brisbane counsellor explained that sexual abuse of males by females is mostly difficult to report since the crime itself is often not rendered or identified as sexual abuse.

As per the Australian Bureau of Statistics, males between the age bracket of 10-14 and also those less than 10, suffer from the highest rates of sexual assault.


Uphaar tragedy: Supreme Court refuses to review Ansals` bail cancellation

Uphaar tragedy: Supreme Court refuses to review Ansals` bail cancellationNew Delhi, Oct 23 : The Supreme Court on Thursday refused to review an application filed by the Ansal brothers seeking review of their bail cancellation in the Uphaar cinema tragedy case.

A Bench of justices B N Aggrawal and G S Singhvi said the Ansal brothers, Sushil and Gopal, cannot seek review of the apex court''s order in the garb of modification application.

The apex court said that the only remedy available to the accused was to file a fresh review petition.


Gordon Brown leaves VIPs in stitches with Mandela, Winehouse story

gorden brownLondon , Oct 23 : PM Gordon Brown revealed his humorous side to VIPs at 10 Downing street with his story about how he had to explain to Nelson Mandela who Amy Winehouse was.

Winehouse, 25, whose husband Blake Fielder-Civil is doing time, performed at Mandela’s 90th birthday bash, and Brown had to explain to the anti-apartheid activist why she was singing “free Blakey my fella”.


US says non-acceptance of security pact by Iraq could end its military presence there

US & IraqWashington, Oct 23 : The US has warned Iraq of ending its military operations there if it rejects a newly negotiated security pact.

According to CBS News, the White House said the current legal basis for U. S. military operations in Iraq expires on December 31, and if the proposed security deal is not approved by that time, the United States would be forced to end its military operations there.

The White House also stated that Iraqi security forces are incapable of keeping the peace without U. S. troops.


DHL charters air cargo to Asia and United States

DHL charters air cargo to Asia and United StatesBonn, Germany  - DHL, a unit of the Deutsche Post transport group, said Thursday it had chartered air-cargo capacity between Asian and US destinations with US air-freight operator Polar Air Cargo.

The connections to eight cities using six Boeing air-freighters provided by Polar would begin soon, German-owned parcels and courier company DHL said in Bonn. The move would improve its intercontinental network. dpa


Suspected US missile strike kills 10 in Pakistan

Islamabad, PakistanIslamabad- A suspected US missile strike Thursday killed 10 people and wounded four others in Pakistan's restive tribal region along the Afghan border, as the country reiterated that the frontiers would be defended "at all costs."

Two missiles targeted an Islamic seminary, Sirajul Uloom, in Dandai Darpakhel village, located some 3 kilometres from Miranshah, the main town in North Waziristan tribal district, at around 2:30 am (2030 GMT), security officials and residents said.


Sarkozy creates investment fund for "strategic" enterprises

Nicolas SarkozyParis- The French government will establish an investment fund to support the country's strategic enterprises affected by the economic crisis, President Nicolas Sarkozy said on Thursday in the city of Annecy.

The fund will make available loans to struggling companies in exchange for shares, which will be sold, presumably at a profit, once the company has stabilized.


Hyundai quarterly profits drop 38 per cent but beat expectations

Hyundai to extend engine choice for i10 city carSeoul- South Korean automaker Hyundai Motor Co on Thursday reported a 38-per-cent drop in third-quarter profits because of falling sales and strikes that caused drops in its production.

Net income fell to 264.8 billon won (187 million dollars) from 425.5 billion won in the same quarter in 2007.

Sales shrank 14.5 per cent to 6.1 trillion won.

Despite the decrease, the earnings were higher than analysts had expected, and Hyundai also held to its sales projection for the year of 33 trillion won.


Syria hails EU official's visit as sign of foreign policy success

SyriaDamascus - The Syrian government Thursday hailed a visit from the European Union's chief diplomat as a sign that its foreign policy is reaping successes.

"With the visit of (EU foreign policy chief Javier) Solana, Europe has truly and officially announced that it wants to open up to Syria," said Buthaina Shaaban, spokeswoman for Syrian President Bashar al-Assad, after the meeting between the two men.

Shaaban went on to say that the EU's position was "only natural, given the positive and stable role that Syria is playing in the region."


Czech premier faces electoral test before EU presidency

Czech central bank keeps borrowing costs unchanged Prague - Czech Prime Minister Mirek Topolanek faced a crucial test in Senate run-off elections starting Friday as his country prepares to chair the European Union early next year.

With his governing party's absolute majority at stake, the voting for 26 of 81 Senate seats could sink or save the centre-right premier, a week after opposition Social Democrats trounced his party in regional elections.


High-level Taiwan-China talks set for November

Taiwan, chinaTaipei- Taiwan said Thursday it has set November 3 as the date for it and China to begin a second round of high-level talks in Taipei, despite a recent attack on a Chinese envoy by pro-independence activists during his Taiwan visit.

"After a series of discussions between our two sides, the Straits Exchange Foundation (SEF) has strongly suggested that the meeting held on November 3" in Taipei, said Lai Shin-yuan, chairwoman of the Mainland Affairs Council (MAC).


Palestinian stabs to death elderly Israeli in Jerusalem

palestinianJerusalem  - A Palestinian stabbed to death an elderly Israeli passerby Thursday in the Jewish settlement of Gilo, south of Jerusalem, Israel Radio reported.

The Palestinian was stopped by two police officers and asked to identify himself, but he drew a knife and stabbed one of the officers.

The officer then shot the stabber, but he escaped and while running away fatally stabbed a second Israeli, a civilian in his 80s, whom he ran into, a witness who chased after the attacker and overpowered him said.


Goldman Sachs to cut about 10 per cent of workforce

Goldman Sachs Group New York  - Goldman Sachs Group Inc plans to slash its workforce by about 10 per cent - or about 3,300 jobs - as a consequence of the financial crisis, reported the Wall Street Journal in its Thursday edition.

Such a move would mean that the financial crisis has hit an institution that has weathered the troubles relatively well so far. As other banks have had to accept buyouts or go under, Goldman Sachs has continued to book profits.


Daimler cuts earnings forecast in the face of recession fears

Berlin  - Giant German carmaker Daimler AG became the first of the country's key auto groups Thursday to report its third-quarter results, reducing its earnings forecast again in face of deepening economic gloom.

The manufacturer of luxury Mercedes-Benz vehicles said it now expected to post operating profit in 2008 "of more than 6 billion euros" (7.67 billion dollars).

Daimler chief Dieter Zetsche had three months previously reduced the group's 2008 earnings to about 7.0 billion euros from 7.7 billion euros, amid concerns that high energy prices and the prospects of an economic downturn will keep car buyers away from showrooms.


Blast at illegal fireworks factory kills at least 27 in India

RajasthanNew Delhi  - At least 27 people, including 12 children, were killed in an explosion at an illegal fireworks factory in the western Indian state of Rajasthan.

The explosion Wednesday night was so powerful that six houses collapsed, the PTI news agency reported.

Ten people who were accused of being involved in illegally manufacturing fireworks were arrested, and 16 injured people were taken to hospital, PTI said, citing police.

Investigators were seeking to determine what caused the blast. (dpa)


Macca's head coughs up cash for London tramp

Macca's head coughs up cash for London trampLondon  - A homeless man is set to receive a reward for finding a wax likeness of Paul McCartney's head a week after it was lost on a train, according to The Sun in its Thursday edition.

According to the paper, Tony Silva, 45, discovered the likeness of the former Beatle at a train station west of London. Now he could receive a finder's fee of 2,000 pounds
(3,248 dollars).

"I feel like I've won the lottery," said Silva, who learned about the finder's fee from a newspaper he happened to be sleeping on.


Death threats against dissident ANC members in South Africa

Johannesburg, South AfricaJohannesburg - The split in South Africa's ruling African National Congress took an increasingly nasty turn Thursday, with supporters of the biggest faction loyal to party leader Jacob Zuma threatening to kill dissidents planning to form a rival party.

A group of Zuma supporters demonstrated outside a hall in a township south of Johannesburg where former ANC chairman and splinter faction leader Mosiuoa Lekota was due to address a rally.

"Kill Shilowa, kill Lekota," they were quoted by SAPA news agency as chanting.


Singaporean get 28 months in jail over Taiwan diplomatic scandal

taiwanTaipei - A Taiwan court Thursday sentenced a Singaporean businessman to two years and four months in prison over the embezzlement of 30 million US dollars intended to be used to persuade Papua New Guinea (PNG) to switch diplomatic recognition to from China Taipei.

"The court has found Wu Shih-tsai guilty of forgery of document(s) and defamation and thus sentenced him to two years and four months in prison," said the Taipei District Court in its verdict.


Reserves of Dutch pension funds drop dramatically

dutchAmsterdam- The reserves of Dutch pension funds have dropped dramatically due to investment losses in the ongoing financial crisis, Dutch media reported on Thursday.

The "cover factor" of many funds (a percentage that determines to what extent the funds can meet their obligations to pay pensions) have dropped dramatically in the third quarter of 2008.

Funds are required by law to hold in reserve a minimum of 125 per cent of obligations.


Banking groups shares down after Q3 reports

Banking groups shares down after Q3 reports Stockholm - Shares for main Swedish banking groups Nordea, Swedbank and SEB on Thursday declined after they reported third-quarter 2008 results.

While the reports suggested they had weathered the first phases of the financial turmoil, the banks' outlooks were more cautious.

Shares for the three groups initially opened in positive territory but fell off. Swedbank was down 8 per cent and SEB off some 5 per cent early afternoon on the Stockholm bourse.

The fourth major group Handelsbanken, which reported Wednesday, bucked the trend and remained up.


Chidambaram advises investors not to sell in panic

P. ChidambaramNew Delhi, Oct 23 : Finance Minister P. Chidambaram on Thursday advised investors not to indulge in panic sale of stocks.

Chidambaram’s comment came after Sensex (the country’s main stock index) plunged to its lowest since June 2006 amidst a gloomy economic outlook all over the world.

The Finance Minister also assured that there was adequate liquidity in the banking system and that banks should lend aggressively.

Benchmarks opened below psychological levels (10,000 for Sensex and 3000 for Nifty) following sharp declines overnight in US and Asian stocks, which tumbled to


Nicolas Sarkozy creates investment fund for "strategic" enterprises

Nicolas SarkozyParis - The French government will establish an investment fund to support the country's strategic enterprises affected by the economic crisis, President Nicolas Sarkozy said on Thursday in Argonay, near the Alpine resort of Annecy.

The fund will make available loans to struggling companies in exchange for shares, which will be sold, presumably at a profit, once the company has stabilized.

The aim of the fund, Sarkozy said, will be to protect strategic companies "from predators looking to profit from a firm's undervaluation" to take control of it.


Seers in Varanasi offer prayers to River Ganges, vow to cleanse it

Ganges RiverVaranasi, Oct 23 : Seers in Varanasi offer prayers to holy river Ganges and vow to cleanse it of all the pollutants.

Residents, environmentalists and religious groups, who have formed a ''Ganga Sena'' (Ganges Army-for protection) to save the River Ganga from pollution, took part in the prayers that marked the completion of the first phase of action against pollution.

The plan of action has been divided into three phases. To begin with, the devotees said that they have succeeded in convincing the authorities about the steps that are required to be taken.


Two militants killed in J&K

Jammu and KashmirGanderbal (J-K) Oct 23 : Two Hizbul Mujahideen militants have been gunned down today by security forces in Ganderbal district of Jammu and Kashmir.

According to official sources, the militants identified as Mohammad Latief Chohan and Farooq Ahmad Chechi were killed in Watlar area of the district during an encounter that erupted last night.

Two AK 47 rifles, six magazines, 80 rounds of AK ammunition, two pouches and incriminating literature were recovered from them.

The search operations are on in the area. (ANI)


Inflation in India falls to 11.07 per cent

Inflation in India falls to 11.07 per centNew Delhi, Oct 23 : Riding on back of lower prices of food and non-food items inflation fell to 11.07 per cent for the week ended October 11, from 11.44 per cent a week ago.

The prices of fruits and vegetables and eggs declined during the week. And in the non-food category, sunflower and raw cotton became cheaper.

On account of lower prices of furnace oil the index of fuel group too declined marginally by 0.1 per cent.

During the week, the prices of other goods that declined were imported edible oil, oilcakes, polyester, staple fibre and ingots of lead and zinc.


Dozens injured as Samajwadi party activists clash with police in Varanasi

Samajwadi PartyVaranasi, Oct 23 : Dozens including women were injured when Samajwadi party activists demonstrating against Mayawati Government clashed with police here today.

Police baton charged and used water canons to disperse the party workers who were staging a demonstration.

Samajwadi party, which was dislodged from power in the state by the Bahujan Samaj Party (BSP) during last elections, has been accusing Mayawati as "anti development."

As per reports, police asked party workers to be calm as they were raising slogans against Mayawati as part of their three-day statewide campaign.


Advani''s initiative to save Tamils in Lanka

Advani''s initiative to save Tamils in LankaNew Delhi, Oct 23 : BJP''s prime ministerial candidate and Leader of the Opposition in Lok Sabha, LK Advani, has initiated Track-II diplomacy with Sri Lankan President Mahinda Rajpaksa to save the lives of ethnic Tamils living in the island country.

Advani wants Tamils to be safe in Sri Lanka and also wants Rajpaksa to be pragmatic and fully understand Indian concerns over the issue, politicsparty. com reported.


Dalit Panthers block trains in Chennai protesting against killings in Sri Lanka

M KarunanidhiChennai, Oct 23 : The activists of Viduthalai Chiruthaigal Katchi (VCK) or Dalit Panthers Party in Chennai on Thursday blocked trains protesting against killing of Tamils in Sri Lanka.

Activists of VCK, an ally of Dravida Munnettra Kazhagam (DMK), raised slogans and said that they want to extend their support to Tamil Nadu Chief Minister M. Karunanidhi and other leaders against the alleged atrocities on Tamils in Sri Lanka.

"The protest has been held against the Central Government to take action in the Sri Lankan issue and so we blocked trains today. If our demands are not met by October


Over 65 per cent rate of conviction in CBI investigated cases

CBINew Delhi, Oct 23 : Minister of State for Personnel, Public Grievances and Pensions Prithviraj Chavan on Thursday said that the rate of conviction in cases investigated by the Central Bureau of Investigation (CBI) has been consistently above 65 per cent.

Chavan in written reply to a question in Rajya Sabha said CBI enjoys the thrust and confidence of public, judiciary and the Government and has been playing pivotal role in investigation of important cases.

The Constitutional Courts have in the last three years entrusted 512 cases for investigation, he added.


Protest against Indian Railways over elephant deaths on tracks

New Delhi, Oct. 23 : Activists of People for the Ethical Treatment of Animals (PETA) today demonstrated before the Rail Bhawan here to voice concern against the frequent killing of elephants due to speeding trains along the tracks in or skirting forest areas.

PETA activists during their protest also enacted an accident in which ‘Bholu’, an elephant is fatally knocked down by a ''locomotive''. It was to highlight the pain of elephants being routinely killed by speeding trains in the forest areas, particularly in Assam and West Bengal.

Activists alleged that the Indian Railways has been the reason for the death of several Bholus in real life and the government should ensure preventive steps to protect the wild elephants.


Jumbos face the global meltdown in Jaipur

Jaipur, RajasthanJaipur, Oct. 23 : There has been a low turn out of visitors to the Jaipur city this time round. And, one of the most affected have been the jumbos whose owners are finding it tough to care for them in this difficult time.

One month into the tourist season has passed but one can find many jumbos standing idle in queue at Hathi stand in Amer village of Jaipur to carry them to historical Amer Fort. The village has about 100 elephants.

It takes about a thousand rupees a day to feed an animal whereas the daily earnings around rupees 300-400.


Fireworks factory explosion in Bharatpur claims 22 lives including kids

rajasthanBharatpur (Rajasthan), Oct. 23 : At least 22 persons including 12 children died and 35 injured in a tragic explosion that ripped through an illegal fireworks factory at Deeg in Bharatpur region of Rajasthan today.

The explosion took place in a house of a firecracker maker in the Deeg town. The blast caused a major fire, which engulfed a few houses in the neighborhood.

Meanwhile, 10 people allegedly involved in illegal manufacturing of firecrackers were arrested after the explosion at Deeg. The explosion affected six other houses which collapsed due to the impact of blast.


Peace before year-end possible

Israel-PalestineCairo  - Israel's new government will continue negotiations with the Palestinian government and believes that reaching a peace agreement before the end the year is possible, Israeli President Shimon Peres said on Thursday.

"We hope to see an independent Palestinian state to live side by side with Israel in peace and security," said Peres in a press conference during an Israeli-Egyptian summit in the Egyptian Red Sea city of Sharm el-Sheikh.

Peres said the chances of reaching a peace agreement with the Palestinian government were high, without giving specifics.


Lavrov says EU observers playing a "dangerous game" in Georgia

Russia Moscow MapMoscow - Russia's Foreign Minister Sergei Lavrov on Thursday accused the EU mission in Georgia of ignoring escalating violence in buffer zones set outside the rebel regions under a ceasefire accord.

"We are concerned by the careless attitude toward what is happening in these zones. This is a dangerous game, they are playing with fire," Lavrov told journalists in Moscow.


Dow Chemical reports third-quarter profits, but sees recession

Dow Chemical reports third-quarter profits, but sees recession Midland  - Dow Chemical Thursday reported profits for the third quarter, but it said rising costs of raw materials and energy had weighed on the company and that it sees a recession on the horizon.

"The global economy is now feeling the full effects of the same economic issues that have plagued the US for the past several quarters," chairman and CEO Andrew N Liveris said in a statement.

"In our view, we will likely see a global recession through most of 2009.


Iraqi minister says security pact with US "purely national issue"

Iraq MapAmman  - Iraqi Interior Minister Jawad Bolani said Thursday that the security pact being negotiated with the United States was a "purely national issue" and that Baghdad rejected any external interference in its contents.

"The security agreement with the United States is a purely national issue and thus we cannot accept any meddling that injures Iraq's interests," Bolani told reporters before the opening of a meeting that groups Interior Ministers of Iraq and eight neighbouring countries.

"The security agreement is subject only to the vision of the Iraqi government," he added.


South Africans split their sides over politician's tumble

Johannesburg - South AfricaJohannesburg  - South Africans are splitting their sides over a video showing a po-faced politician disappearing into thin air with a loud crack when his chair broke during a TV interview.

The chairman of parliament's portfolio committee on finance, Nhlanhla Nene, was giving an interview to SABC public television on the morning of Finance Minister Trevor Manuel's budget policy statement Tuesday when the mishap occurred.


European Parliament concerned about virtual strip search

Airport Body ScansStrasbourg - The European Parliament on Thursday criticized the use of virtual strip-search machines in Europe's airports, saying they could violate citizens' privacy.

Body scanners use radio waves to display full-body images that reveal whether passengers are concealing weapons or explosives under their clothes.

These machines are already being used at London's Heathrow and Amsterdam's Schiphol airports to speed up security checks and to avoid hand-frisking passengers.

But members of the European Parliament (MEPs) say such machines can have "a serious impact on the fundamental rights of citizens".


Insider-trading probe launched against Norway's largest bank

oslo, norwayOslo - Two employees of Norway's largest banking group as well as the DnB NOR group itself were Thursday suspected of insider- trading, the Norwegian Financial Supervisory Authority said.

The Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime raided the bank Thursday over suspicions that the bank had sold government bonds just a few days before the Finance Ministry and central bank October 12 presented a rescue package for the banking sector.

DnB NOR reportedly sold bonds worth 2.3 billion kroner (328 million dollars) on October 9 and 10.


US courier UPS profits deflated

UPSNew York  - The world's largest package delivery company UPS has adjusted expectations of annual earnings after profits for the third quarter dropped 10 per cent, the company reported on Thursday.

The company blamed higher fuel costs and the general US downswing for the reduced profits, which came despite a 7.4-per-cent gain in revenue through the quarter.

UPS said it expected earnings per share for 2008 to be at the "lower end" of its forecasts, between 3.50 dollars and 3.70 dollars.

UPS boss Scott Davis said that the company expected growth in its international businesses.

Analysts had predicted an even worse performance.


Bangladesh's ex-premiers to get tight security coverage for polls

Dhaka, BangladeshDhaka- Bangladesh's military-backed interim government said Thursday that it would provide the highest security to two former prime ministers and leaders of the country's two biggest political parties during the December general election.

"We have decided in principle to provide them with the highest security coverage as they deserve it," an adviser to the government, Hossain Zillur Rahman, told reporters after electoral talks with the opposition Awami League party.


Croatia settles EU companies' damage claims

Croatia raises guarantees for savings to 75,800 dollars Zagreb - Croatia's government has agreed to pay 78 million euros (101 million dollars) in damages to firms from Italy and Austria for claims arising from a cancelled highway project and a bank privatization, a local media report said Thursday.

The Croatian news portal business. hr, quoting a government source, said the settlements involve 44.3 million euros for Rome-based builder Astaldi SpA and 34.5 million euros for Austrian-based Hypo Alpe Adria Bank AG.


Sweden halts adoption programme with Vietnam

Stockholm, SwedenStockholm - The Swedish government Thursday formally decided to halt an adoption programme with Vietnam over fears of irregularities.

Health and Social Affairs Minister Goran Hagglund said the decision hinged on the government's concern that "the rights of the individual child and biological parents are taken into account."

Hagglund's statement issued after the cabinet meeting said there were "disturbing signals" that children may even have been trafficked.

In September, the United States suspended adoptions from Vietnam over similar concerns.


PM arrives in Beijing to attend ASEM-7

Manmohan SinghBeijing, Oct 23 : Prime Minister Dr. Manmohan Singh on Thursday arrived in Beijing to attend the seventh Asia-Europe Meeting (ASEM-7) scheduled from Friday after his three-day visit to Japan.

On his arrival to Beijing, Dr. Singh said, “This is the first time that I am attending the Asian-European summit as a Prime Minister.”

“I sincerely hope that this meeting of minds between Europe and Asia will produce a solution to many global problems including the current global financial crisis,” Dr. Singh added.


German ex-soldier tells trial: army men deplored Italy atrocity

Berlin, GermanyMunich - Enlisted men in a German Army unit were appalled at having to massacre Italian villagers in 1944, an 84-year-old former serviceman told the war crimes trial of their former lieutenant in Munich Thursday.

The lieutenant, 90, is accused of 14 murders in the Tuscan village of Falzano in 1944. He allegedly ordered the reprisal killings.

None of the company of Battalion 818 of the German Army mountain combat engineers approved of the reprisal, said the witness.


Lawyers demand injunction against German bail-out

Lawyers demand injunction against German bail-out Nuremberg, Germany  - A group of lawyers are demanding an injunction from Germany's highest court to stop one of the biggest financial rescue plans in the world.

Germany last week legislated 480 billion euros (605 billion dollars) in aid to troubled banks as part of a uniform plan by western nations to guarantee interbank lending and inject new equity.

Klaus Kratzer, a Nuremberg lawyer, said Thursday the challenge alleges that the act of parliament is constitutionally defective because it lacks a provision requiring financial aid to be repaid to the state.


MDMK leader Vaiko arrested for seditious speech

Liberation Tigers of Tamil Eelam (LTTE)Chennai, Oct 23 : Marumalarchi Dravida Munnetra Kazhagam (MDMK) General Secretary Vaiko was on Thursday evening arrested for openly supporting the Liberation Tigers of Tamil Eelam (LTTE) at a public meeting in Chennai.

On October 21, Vaiko in a speech at the meeting on "What is happening in Sri Lanka" had declared that he would support even an armed struggle for the cause of Sri Lankan Tamils.

Tamil Nadu’s "Q" branch police, dealing with extremists and terrorist outfits, arrested Vaiko at his Anna Nagar residence.


Five dead, four rescued in Alaska shipwreck

Five dead, four rescued in Alaska shipwreck San Francisco  - Five fishermen were killed and four were rescued after a dramatic shipwreck and rescue operation in freezing waters in Amchitka Pass, which links the Bering Sea to the Pacific Ocean about 2,200 kilometers southwest of Anchorage, the Anchorage Daily News reported Thursday.

Two other crew members were missing.


Spanish golfer Ballesteros needs another operation

Severiano BallesterosMadrid  - Former professional golfer Severiano Ballesteros will undergo a second operation on his brain, doctors at a Madrid hospital said Thursday.

The 51-year-old had developed an oedema as well as a haemorrhage on his brain, they said, describing his condition as serious but stable.

During the operation on Friday doctors will also be removing some more of the tumour which had already resulted in an operation last week, but which could not be removed as it was in parts of the brain which were not easily accessible.


Palestinian stabs to death elderly Israeli in Jerusalem

Israel FlagJerusalem  - A Palestinian stabbed to death an elderly Israeli passerby Thursday, and wounded a police officer, in the Jewish settlement of Gilo, south of Jerusalem, police said.

The Palestinian was stopped by two police officers and asked to identify himself, but he drew a knife and stabbed one of the officers.

The officer then shot the stabber, but he escaped and while running away fatally stabbed a second Israeli, an 86-year-old civilian whom he ran into, a witness who chased after the attacker and overpowered him said.


Spain steps up pressure to be at economic summit

Madrid, SpainMadrid - Spain stepped up diplomatic activity Thursday in a push to be invited to an economic summit set to take place in Washington in mid-November.

The government was making efforts "in all directions, with everyone, and at all levels," according to government sources.

The United States has invited only members of the G-20 group, of which Spain is not a part, to the meeting.


European shares slump after a rocky Wall Street opening

Wall Street Frankfurt - European shares came under pressure Thursday after worries about third-quarter corporate earnings and the economic outlook resulted in a rocky start on Wall Street and a slump in stocks across Asia.

With the economic gloom deepening and concerns setting in about another volatile day on Wall Street, Europe's blue-chip Stoxx 50 fell more than 2 per cent to 2180 points.

As the share trading day drew to an end in Europe, stocks in London were down about 2 per cent after gaining 0.90 per cent in early trading.


Three coalition soldiers among dozens killed in Afghanistan

Kabul, AfghanistanKabul- Three soldiers in the US-led coalition were killed in a roadside bombing in western Afghanistan while dozens of militants were killed in clashes between Afghan and international forces elsewhere in the country, officials said Thursday.

The three soldiers were killed and another was wounded when their vehicle was struck by a roadside bomb blast Wednesday night, the US military said in a statement.

The statement did not disclose the nationalities of the victims, but most of the soldiers serving in the coalition are from the United States.


Jordan, South Korea initial nuclear cooperation accord

Amman, JordanAmman- Jordan and South Korea on Thursday initialed an agreement on nuclear cooperation for peaceful purposes.

The accord was signed by the Chairman of the Jordan Atomic Energy Commission (JAEC) Khalid Touqan and the South Korean ambassador in Amman Bongkil Shin.

Touqan said that the deal would be officially signed in Seoul in December.

The agreement provides for cooperation between the two countries in several areas such as technical assistance, site selection, design, construction and nuclear safety, he added.


Heavy rain leaves 23 dead in Honduras

Heavy rain leaves 23 dead in HondurasTegucigalpa  - The number of dead in Honduras as a result of recent heavy rain and subsequent flooding rose to 23, the authorities said late Wednesday.

Most of the dead were believed to have drowned in the currents of overflowing rivers, the country's civil protection authorities said.

In Honduran capital Tegucigalpa, seven people died in mudslides in the hills, where many thousands of poor live in improvised homes.

Honduras has been suffering heavy rain for two weeks, and much of its territory is flooded. The main rivers have flowed over their banks.


Greenspan: "Credit tsunami" means more US job losses unavoidable

Alan GreenspanWashington - Former US Federal Reserve chairman Alan Greenspan warned that a "significant rise" in unemployment was unavoidable as the United States works its way through a massive financial crisis that will not ease up for many months.

"We are in the midst of a once in a century credit tsunami," Greenspan said in prepared remarks before the Oversight Committee of the US House of Representatives.

The drop in housing prices, which precipitated the crisis and sparked a record number of home foreclosures, will not stabilize until "many months in the future," he said.


Credit crunch-hit bank chief to step down, say reports

Germany agrees with 16 states on bank rescue Munich - The chief of the Munich-based BayernLB is to step down in the wake of the financial crisis that has engulfed the state lender, sources told the Deutsche Presse Agentur dpa.

The expected announcement that Michael Kemmer had decided to leave his post comes just one day after Bavarian Finance Minister Erwin Huber said he was resigning in the face of the financial problems confronting BayernLB.

A BayernLB spokesman declined to comment on the reports of Kemmer's possible departure from the Bavarian state-owned bank.


Lufthansa submitted bid for Austrian Airlines, but deal in doubt

Lufthansa AirlinesVienna  - German airline Deutsche Lufthansa AG has submitted a valid bid for Austrian Airlines AG (AUA), the Austrian takeover commission confirmed Thursday, but it said it was still uncertain if there would be a deal.

"Against the background of AUA's economic development and an apparent wide gap between the negotiating positions, it is uncertain whether the transaction can be concluded," the commission said in a statement.

The Austrian government is in the process of selling its 42.75-per-cent stake in the country's ailing flag carrier, but Air France has dropped out of the bidding process.


12 killed, 40 injured in Iraqi violence

IraqBaghdad- An apparent suicide bomb attack on the convoy of an Iraqi minister killed 11 and injured 22 Thursday, witnesses told the Deutsche Presse-Agentur dpa.
The attack on the convoy of Iraqi Labour Minister Mahmoud al-Radi occurred in the Tahrir Square area in Baghdad, al-Arabiya TV reported.

Al-Radi was not injured in the blast, his ministry said in a statement.

Separately, a blast in a market area injured 16 people in Iraq's Diyala province.


Hezbollah denies any link to Colombian drug, money laundering ring

Lebanon, BeirutBeirut- Lebanon's Shiite movement Hezbollah denied on Thursday any links with a drug-ring captured in Colombia and said such reports are aimed at defaming the image of the movement.

"This is part of a Zionist campaign against the movement to defame its picture and they are based on pure lies," said Nawaf al Mussawi, Hezbollah's foreign affairs officer.

Mussawi met with the Colombian Ambassador to Lebanon, Georgina Mallat and handed her a condemnation letter, which stated that Hezbollah "does not participate in outlawed missions."


Swedish Academy split over Italian author Saviano

Roberto SavianoStockholm - The Swedish Academy that selects the Nobel literature laureate is reportedly split over how to respond to death threats against Italian best-selling author Roberto Saviano.

Saviano's book, Gomorra, has angered the mafia, or Camorra, in Naples, and he has been forced to live under police protection. A week ago he said in a newspaper interview that he was considering leaving Italy.


Baltic markets still shaky, but investors starting to return

Baltic markets still shaky, but investors starting to returnRiga - The three Baltic stock exchanges were all down Thursday at the close of trading.

The NASDAQ OMX Tallinn exchange in Estonia suffered the biggest hit of the day, down 4.67 per cent. The Vilnius exchange in Lithuania was down 1.73 per cent. Meanwhile, Riga dipped just 0.75 per cent, despite the suffering of three of the larger listed Latvian companies.

Drinks maker Latvijas Balzams, steel producer Liepajas Metalurgs and pharmaceuticals manufacturer Rigas Farmaceitiska Fabrika all suffered double-digit falls in their share prices.


TCS records net profit of Rs 1,271 crore

TCS records net profit of Rs 1,271 crore

Tata Consultancy Services recorded a net profit of Rs 1,271 crore. The company managed to register only 1.5 percent growth compared to the previous results. India’s largest IT services provider has branches in many countries. Non repayment by banking, financial services and insurance (BFSI) clients in the US, would affect the growth of the company in the long run. Dollar depreciation against other currencies such as pound and Euro also hit the margin of the company.


Bihar protests against Raj Thackeray

Bihar protests against Raj ThackerayPatna, Oct 23 : Protests erupted in Bihar’s Nalanda District on Thursday in retaliation to attacks on migrants in Mumbai.

The mob went on a rampage, vandalizing public property and damaging vehicles.

Protesters brandishing sticks and logs of wood marched on the streets and chanted slogans, demanding strict action against Raj Thackeray, chief of Maharashtra Navnirman Sena (MNS), for inciting violence against people from north Indian region in Mumbai.


RBI eases ECB access for companies

RBI eases ECB access for companies

The government and the Reserve Bank of India (RBI) have relaxed norms of external commercial borrowings (ECBs). Now companies can arrange foreign funds for their projects in quite easily. The companies can now use dollar borrowings for rupee expenditures.

Indian companies are facing difficult times in raising funds from the international markets due to hard rules. The interest rates are much lower overseas and help Indian companies to get funds at much lower cost. The banks are also hesitating for funding the companies due to global financial turmoil.


Pakistan seeks help from IMF

Pakistan seeks help from IMF

Pakistan demanded financial help from International Monetary Fund (IMF) on Wednesday. The amount is intended to use for repayments of loans and to deal with financial crisis. The country witnessed decline in foreign investment due to internal commotions and militant activities.


Moody's Investors Service revises Tata Steel UK's outlook to negative

Moody's Investors Service revises Tata Steel UK's outlook to negativeMoody’s Investors Service has given a negative outlook for Corus group. Corus is a UK subsidiary of India's largest steel producer, TATA Steel Limited. It has concluded that the demand of products of the company is decreasing significantly in Europe and the UK, and can further decrease in the coming months. This has resulted in decline in steel prices and reduced production volumes following world financial crisis.


Reliance Power Q2 net profit at Rs 37 crore

Reliance Power Q2 net profit at Rs 37 crore

The net profit of Anil Ambani group firm, Reliance Power stood at Rs 37 crore for the quarter ended September 30. The company registered a total income of Rs 56.96 for the second quarter. The company maintains cash and liquid balance of Rs 10,756 crore as per the filing of company report at the Bombay stock exchange.


French shares fall after Wall Street's plunge

Wall StreetParis  - French shares were down in late Thursday trading in the wake of overnight losses on Wall Street and Asian markets.

By mid-afternoon, the Paris Bourse's CAC 40 index had given up 1.49 per cent, falling to 3,240.07, with losers outpacing gainers by about 5 to 1.

President Nicolas Sarkozy's announcement, earlier Thursday, that the government would establish a fund to support struggling strategic companies appeared to have had little effect on share prices.

Transportation shares were hardest-hit, with transport equipment manufacturer Alstom losing 10.05 per cent, to 34.72 euros.


Czech official says ambitious Eurogroup would divide EU

Prague MapPrague - A senior Czech government official Thursday criticized French President Nicolas Sarkozy's reported efforts to boost the eurozone's influence in 2009 at the expense of countries presiding over the larger European Union.

Sarkozy is seeking to stay in control of European economic policy for at least a year, arguing that he is the only leader suitable for the task of steering Europe through the global financial crisis, the Le Monde newspaper reported Wednesday.


German minister rejects Swiss protest over tax issue

OECD LogoStuttgart - German Finance Minister Peer Steinbrueck rejected Thursday a protest from Switzerland, two days after he said in Paris that the Alpine republic was not doing enough to stop tax evaders.

Speaking in Stuttgart, Steinbrueck, who oversaw Germany's rescue package last week for ailing banks, said, "I'll keep naming names." He said he would continue to be outspoken whenever "Germans are invited to evade taxes."

He criticized Berne for summoning the German ambassador to hear a protest over his Tuesday remarks.


Greek government spokesman resigns over real-estate scandal

Greek government spokesman resigns over real-estate scandal Athens - Greek government spokesman Theodoros Rousopoulos resigned on Thursday over a real-estate scandal that has linked the conservative government with a monastery in northern Greece.

Rousopoulos reportedly handed in his resignation to Greek Prime Minister Costas Karamanlis and the prime minister accepted it, thanking him for his support to the party over the past eight years.


Pudgy pets worry British veterinarians

Pudgy pets worry British veterinariansLondon - About half the dogs and a third of all cats in Britain are too fat, a veterinary charity warned Thursday.

Worse: most pet owners don't notice that their four-legged friends are packing too many pounds.

According to the People's Dispensary for Sick Animals, only a fifth of cat owners are aware that their pet has a weight problem. That applied to only a third of dog owners.

Since so many dogs and cats are overweight, pet owners have unrealistic perceptions of the ideal weight and shape for their pet, said veterinarian Sean Wensley.


Jordan government guarantees all bank deposits

Jordan government guarantees all bank deposits Amman - Jordanian Prime Minister Nader Dahabi announced Thursday that the government would guarantee all bank deposits in the country until the end of 2009.

"All bank deposits, without any ceiling, will be guaranteed by the government until the end of 2009," Dahabi told board chairmen and general managers of local commercial banks whom he met at the Central Bank of Jordan (CBJ).

Dahabi and CBJ governor Umayyah Touqan assured the bank executives that the country's banking system was not experiencing any liquidity shortage or any credit crisis.


Voting in NYC council for change in term-limits law

Voting in NYC council for change in term-limits lawIn a move to accommodate Mayor Michael Bloomberg’s intentions of four more years in City Hall, the New York City Council is poised for a big vote Thursday on the term-limits bill.

The voting will have a direct effect on the future of Bloomberg, who is attempting to change city law, so that he can have the chance at a third term.


British queen's first visit to Slovakia under way

British queen's first visit to Slovakia under way Bratislava - Britain's Queen Elizabeth II arrived in Slovakia Thursday for her first visit to the ex-communist country that went independent 15 years ago and became an economic success story.

The queen and her husband, Prince Philip, came off a trip to Slovenia, a smaller country to the south that once was part of Yugoslavia.


Poll shows majority California voters oppose gay marriage ban

Poll shows majority California voters oppose gay marriage banAccording to a poll by the Public Policy Institute of California, released Wednesday, though California voters remain closely divided on the question of gay marriage, a majority of them oppose a measure to ban it.

The October 22 poll shows that 52% of likely voters surveyed were opposed to Proposition 8, while 44% supported it, as against the September stats of 55% opposing and 41% favor it.


At least seven dead in crash of Italian army helicopter in France

At least seven dead in crash of Italian army helicopter in France Paris - At least seven people died on Thursday when an Italian army helicopter crashed in eastern France, police in the city of Bar-le-Duc said.

"There were no survivors," a police spokesman said after the helicopter slammed into a field and burst into flames.

It was unclear if there were more people aboard the craft when it crashed.

The reason for the accident also remained undetermined, since weather conditions were not unusual, the police spokesman said. (dpa)


Wachovia reports $23.9 billion 3Q loss; Wells Fargo to take over

Wachovia reports $23.9 billion 3Q loss; Wells Fargo to take over

The Wachovia Corporation, devastated by its acquisition two years ago of Oakland’s Golden West Financial Corp., announced a $23.9 billion third-quarter loss on Wednesday. Wachovia, which is being taken over by Wells Fargo & Co. after nearly collapsing last month, has reported a host of troubles.


UN's special economist pushes for broadened global finance summit

UN's special economist pushes for broadened global finance summit New York - Saying US markets have lost some legitimacy as the world pace setter, the head of a new UN panel on the world financial crisis called for a broadened global finance summit after the G-20 leaders meet in Washington in mid November to resolve the economic meltdown.

"The hope is that it will begin a process, set the agenda and it needs to be a multilateral approach in which the voices of all the countries are heard," said Joseph Stiglitz, winner of the Nobel Prize for Economics in 2001.


EU to hold special financial summit on November 7

EU to hold special financial summit on November 7 Brussels - The heads of state and government of the 27 member states of the European Union plan to come together for a special meeting on November 7 in Brussels to discuss the global financial crisis, a statement from the French EU presidency said Thursday.

The meeting would be in the form of an informal lunch in Brussels to prepare for the financial crisis summit scheduled to take place in Washington on November 15. (dpa)


Discount airlines criticize EU airport standardization initiative

Discount airlines criticize EU airport standardization initiative Strasbourg - Europe's largest airports would need transparent coordination of their fees and regulations under legislation approved by the European Parliament Thursday.

The move drew immediate criticism from the European Low Fares Airline Association (ELFAA), which argued that legislators missed a chance to set limits on airport monopolies.

General Secretary John Hanlon said the new law would do nothing more than burden airports and airlines with more administrative burdens.


Neighbours voice support for Iraq's security

Neighbours voice support for Iraq's security Amman - The interior ministers of Iraq's neighbouring countries ended a one-day meeting in the Syrian capital Amman Thursday by pledging their support for the restoration of security to the violence-torn country.

According to a joint communique, the participating countries agreed to "cooperate bilaterally or collectively and to take all necessary measures to prevent terrorists" from using their territories as bases for mobilization, training or financing.


UN renews call for more aid to the poor on World Food Day

UN renews call for more aid to the poor on World Food Day New York - United Nations leaders on Thursday called on the international community to assist the poor at a time of high food prices, noting that only a fraction of the 22 billion dollars pledged this year for food security has been received.

UN General Assembly President Miguel d'Escoto said only 2.2 billion dollars of the total 22 billion dollars had been delivered by donors to supply food to poor countries.


Livni to call fresh Israeli elections Sunday if no coalition

Livni to call fresh Israeli elections Sunday if no coalition Jerusalem - Israeli Prime Minister-designate Tzipi Livni said Thursday evening that she would call fresh elections on Sunday if she could not form a coalition by then.

She had already informed President Shimon Peres of her decision, she told members of her Kadima party.

Kadima was open to working with any partner, she said, but she was not prepared to give in to illegitimate demands from other parties.

Livni has until November 3 to present a new government.


GM cutting more jobs; stopping support for private savings

GM cutting more jobs; stopping support for private savings Washington - The beleaguered General Motors Thursday said it is cutting more management jobs and stopping some employee benefits, including contributions to so-called 401K private employee savings plans, according to the Detroit News.

"The global credit crisis has had a dramatic impact upon the industry at large and new vehicle markets in North America and Western Europe have contracted severely," GM CEO Rick Wagoner and Chief Operating Officer Fritz Henderson were quoted as saying in a letter sent to executives.


Palin says outcome of election “in God's hands”

Palin says outcome of election “in God's hands”In an interview with evangelical leader, Dr. James Dobson, Republican vice presidential candidate Sarah Palin focused almost entirely on religion, saying that her “Christian faith” is her “foundation” and that, in regard to the outcome of the election, it is “all in God’s hands.”

When Palin was campaigning in Colorado on Monday, she talked by phone with Dobson for about 20 minutes. Dobson’s radio program ‘Focus on the Family’ aired the interview Wednesday.


Amazon.com stock slides amid soaring profit

Amazon.com stock slides amid soaring profitDespite posting stronger than expected third-quarter earnings – with profits climbing 48% - Amazon.com’s shares slid nearly 13% in after-hours trading Wednesday, indicating that the online retailer cannot escape the weak economy.

Tom Szkutak, Chief Financial Officer, said on a conference call with analysts that the company experienced slower growth rates near the end of the third quarter, coinciding with the onset of recent turmoil in global financial markets.


Obama's face on a lottery ticket causes controversy in Colombia

Obama's face on a lottery ticket causes controversy in Colombia Bogota - Colombia was experiencing a curious controversy Thursday, after a photograph of US presidential candidate Barack Obama was printed on the tickets of a lottery with a jackpot of some 253,000 dollars.

The photograph of the US Democratic Party candidate was used by the lottery in the central Colombian province of Meta as a "tribute" to blacks, according to lottery manager Magdalena Gonzalez.


Sarah Palin to release her medical records

Sarah Palin to release her medical recordsSarah Palin - the only member of the Democratic or Republican presidential tickets who has not discussed her health or allowed her medical records to become public - indicated Wednesday that she would release the records.

Democratic vice presidential candidate Joe Biden released his records earlier this week. Barack Obama and John McCain released theirs earlier during the campaign. In all cases, the reports indicate that they are fit to serve.


Witnesses report 3,000 dogs deployed to Egyptian-Israeli border

Witnesses report 3,000 dogs deployed to Egyptian-Israeli border Cairo - Israel has deployed about 3,000 dogs on the Egyptian-Israeli border, witnesses said on Thursday.

The dogs were deployed in the centre of the Sinai peninsula to protect the advanced early warning radar system Israel recently received from the US.

The dogs are also intended to prevent Africans trying to migrate into Israel to find jobs.


Growing concern about high rate of unemployment in the Gulf

Growing concern about high rate of unemployment in the Gulf Doha - Experts expressed their concern Thursday in Qatar over the increasing percentage of unemployed in the Gulf states.

Experts, who attended a meeting in Doha entitled Unemployment in the GCC Countries: Towards a Strategy to Reduce the Effects said that unemployment had reached 15 per cent in the Gulf Cooperation Council (GCC) countries.

They expected the number to rise in the coming years, despite the fact that studies say the unemployment rate is still small compared to other countries.


BIGFlix.com inks pact with BookMyShow.com

BIGFlix.com inks pact with BookMyShow.comReliance Big Entertainment arm BIGFlix.com, India's largest Video on Demand and DVD Rental service, has entered into partnership with BookMyShow.com, India’s premier Entertainment ticketing website, to offer movie rental services at your doorstep. 

Under the arrangement, all bookmyshow.com users will offer a free BIGFlix.com membership, which will be valid for a period 14 days. The customer will be able to rent and watch unlimited movies of his choice from a catalogue of around 20,000 BIGFlix.com titles through the entire period of 14 days. 


Jyoti Limited bags order worth Rs 541 crore from Karnataka Government

Jyoti Limited bags order worth Rs 541 crore from Karnataka GovernmentVadodara-headquartered Jyoti Limited has secured an order worth Rs 541 crore from Karnataka Neeravari Nigam Limited (KNNL) to supply 28 high-end metallic volute water pumps.

The company claims that the latest deal is one of the single largest electromechanical orders ever bagged by an Indian company. 

According to sources, the pumping stations will cater to farmers in northern and eastern Karnataka with a catchment area of about 1,07,000 hectares.


CHD Developers launches ‘Silver County’ at Karnal

CHD Developers launches ‘Silver County’ at KarnalReal estate developer—CHD Developers has formally announced the launch of its much anticipated project, the Silver County, an integral part of CHD Developers’ Rs 1000 crore mega project, CHD City at Karnal.

According to the company, Silver County will feature 200 expandable stand-alone villas with excellent facilities and amazing conveniences to be constructed with an investment outlay of Rs 75 crore.
 


Prescription Drug Injuries and Deaths Higher

Prescription Drug Injuries and Deaths Higher

A health industry watchdog group said the number of serious drug reactions and deaths reported to the government shot up in the first three months of this year to set a new record. The Food and Drug Administration received nearly 21,000 reports of serious drug reactions, with 4,825 deaths and 21,000 injuries which occurred in the first three months of 2008 with drugs heparin and varenicline cited as the most dangerous said an analysis of federal data by the Institute for Safe Medication Practices.


LIC plans to launch Credit Card in Indian Market

LIC plans to launch Credit Card in Indian MarketLife Insurance Corporation of India (LIC), the largest life insurance company in India, has entered into an agreement with state-owned Corporation Bank to launch credit cards in the country.

LIC intends to launch the business through its wholly owned subsidiary, LIC Cards Services Limited, which will manage all aspects of its credit card venture. The company already has taken approval from Government of India to form a wholly owned company for this purpose.


SBI Life rolls out “Criti9”- a health insurance plan for SBI Group Customers

SBI Life rolls out “Criti9”- a health insurance plan for SBI Group CustomersSBI Life Insurance, the third largest private life insurance company in the country has launched its first group health insurance plan "Criti9" for State Bank Group customers, to provide a superior health insurance option.

The newly introduced policy will be available for State Bank Group account holders aged 18 to 55 years, with maximum cover ceasing age being 65.


BHEL bags order worth Rs 1474 crore from NTPC

BHEL bags order worth Rs 1474 crore from NTPCPublic sector equipment maker Bharat Heavy Electricals (BHEL) has secured a contract worth Rs 1474 from the government controlled power generation company NTPC. 

Under the deal, BHEL will set up two 660 MW steam turbine generators for NTPC's Barh thermal power project in Bihar. 

BHEL’s scope of work includes design, engineering, manufacture, supply, erection and commissioning.

This is company's first commercial order with supercritical parameters through the International Competitive Bidding. 


PBA Infra JV gets orders worth Rs 45 crore

PBA Infrastructure Ltd (PBA) has informed that company’s Joint Venture christened "PBA-CONSITE" has received two orders worth Rs 44.99 crore from Mumbai Metropolitan Region Development Authority.

Further PBA Infra stated that it has 60% share in these two awarded contract. 

The JV has secured first contract worth Rs 15.81 crore for construction of skywalk at Ulhasnagar (East), in which PBA Infra has 60% share, valued at Rs 9.49 crore. 

While, the second contract worth Rs 29.17 crore has bagged for construction of Skywalk at Ulhasnagar (West). PBA Infra 60% share valued at Rs 17.50 crore.


HDFC Bank enters International Market; Opens first overseas branch in Bahrain

HDFC Bank enters International Market; Opens first overseas branch in BahrainHDFC Bank, India’s second biggest lender by market value, has opened its first full-fledged overseas commercial branch at a new financial district in Bahrain. 

The bank stated that it has chosen Bahrain due to its excellent location, clean, open and transparent regulations, cost-effectiveness, and good bilateral relations between India and Bahrain. 


Cognizant Technologies inks 5-year-pact with AstraZeneca

Cognizant Technologies inks 5-year-pact with AstraZenecaCognizant technologies, a leading provider of global consulting, technology and business process services, has entered into a five-year agreement with UK-based AstraZeneca, a leading pharmaceutical major, to provide application maintenance services in the business-critical areas of research, clinical development, and sales and marketing.

Under the extended agreement, Cognizant will work with AstraZeneca's Global Shared Services organization and implement world class, end-to-end application maintenance services. 


EU, Cuba say relations have thawed; 32-million-dollars on horizon

EU, Cuba say relations have thawed; 32-million-dollars on horizon Brussels/Havana - After a five-year cold spell, the European Union and Cuba have started warming up relations again, with the pledge of a 25-million-euro 
(32-million-dollar) EU contribution from its fund for environment, technology, trade, culture and catastrophic protections.

EU Commissioner Louis Michel made the announcement as part of a declaration signed Thursday in Havana.


Chrysler lost more than 1 billion dollars in year's first half

Chrysler lost more than 1 billion dollars in year's first half New York - The country's third largest auto maker Chrysler Thursday reported losses of more than 1 billion dollars in the year's first half, with second-quarter losses of 565 million dollars.

Chrysler is in the midst of merger talks with General Motors after Germany's Daimler firm sold 80 per cent majority share to Cerberus investment company earlier this year.


Asian, Latino voters could change course of election, report says

Asian, Latino voters could change course of election, report says Washington - A large and growing, but underestimated, voter bloc of Asian and Latino immigrants could play a pivotal role in the presidential elections, which are often decided by very small voting margins, a report released Thursday said.

This increasingly influential group, who were 8.6 per cent of all registered voters in 2006, are described in the report as New Americans, comprised of naturalized Americans or those immigrants who have become US citizens, as well as immigrants' children born in the US after 1965.


Obama rushes to ailing grandmother at height of election

Obama rushes to ailing grandmother at height of election San Francisco - Democratic candidate Barack Obama was rushing to the bedside of his ailing grandmother in Hawaii Thursday, taking a break from intense campaigning to make sure he saw her before she died.

Madelyn Dunham, 85, was a formative figure in the life of the White House frontrunner, helping Obama's single mother raise him during his teenage years when his own mother was working abroad.


Reliance Industries registers 7.40% growth in Q2 Net profit; Stock slips 8%

Reliance Industries registers 7.40% growth in Q2 Net profit; Stock slips 8%Mukesh Ambani-owned Reliance Industries (RIL), the largest private oil refiner and retail giant in India has registered a 7.4 per cent growth in profit at Rs 4122 crore in the second quarter, as compared to Rs 3837 crore for the quarter ended September 30, 2007.

While company's second quarter revenue rose 39.40% to Rs 44,938 crore in the three-month period ended September 30, against Rs 32,211 crore in the year-ago period. 


UTI MF launches ‘Wealth Builder Fund Series-II’: A mixture of Equity & Gold

UTI MF launches ‘Wealth Builder Fund Series-II’: A mixture of Equity & GoldUTI Mutual Fund, the country's oldest fund, has launched its unique 'UTI Wealth Builder Fund-Series II', an open ended equity oriented scheme in the Indian market.

UTI claims that UTI Wealth Builder Fund-Series II is the first of its kind in the mutual fund industry to offer asset allocation which combines traditional as well as non- traditional asset class i.e. Equity and Gold. 


Mexico sells more than 1 billion dollars to boost peso

Mexico sells more than 1 billion dollars to boost peso Mexico City - Mexico's central bank sold 1.096 billion dollars of its foreign exchange reserves Thursday to boost the peso.

The Bank of Mexico sold 1 billion dollars as markets opened and the remainder later in the day.

The value of the dollar went as high as 14.30 pesos before the bank's intervention, although it closed at 13.79 pesos.

Mexico's central bank has sold more than 13 billion dollars since October 8, but the price of the dollar continues to rise. It was worth about 11.2 pesos on October 1.


Journey of Thumba to Thumba Equatorial Rocket Launching Station

Journey of Thumba to Thumba Equatorial Rocket Launching StationIt might be quite interesting and surprising to know, but India’s space program actually commenced at a church located in Thumba, a small village known only for fishing and a bit far from Thiruvanathanapuram airport in Kerala. 


Virtualization Management Tool released by Microsoft

Virtualization Management Tool released by MicrosoftOn Tuesday, a System Center Virtual Machine Manager 2008 was launched by Microsoft. Through the launch of this Virtual Machine Manager, Microsoft added another key component to its virtualization arsenal. 

All important virtualization management pieces of Microsoft's strategy can be handled by Virtual Machine Manager 2008, and it has been learnt that Microsoft has spent much of 2008 deciding as to how the software could manage both Hyper-V and VMware's ESX hypervisor, as well as physical servers, through a single interface. 


Sudan, Chad to exchange ambassadors in two weeks

Sudan, Chad to exchange ambassadors in two weeks Tripoli - Sudan and Chad are to exchange ambassadors in two weeks, a committee assigned to restore peace between the countries announced Thursday.

The committee, which comprises representatives from Libya, Sudan and Chad, said in a statement that both countries are now committed to promote confidence and trust.

At the meeting in Tripoli, the committee also recommended accelerating the work of observation teams on the border between the two countries.


JetBlue, US Airways, fly in the red

JetBlue, US Airways, fly in the redNew York - The airlines' losing streak continued Thursday, as high fuel costs and sagging economy put a drag on operations.

The country's sixth largest passenger carrier US Airways flew deep into the red in the third quarter, like most of its rivals.

JetBlue, partially owned by Lufthansa, on the other hand narrowly missed the profit zone.

But in both cases, the losses were less than analysts expected.


Microsoft releases emergency patch for Windows computers

Microsoft releases emergency patch for Windows computers San Francisco - Microsoft issued a rare emergency patch on Thursday to fix a critical bug in its Windows operating system, which could be exploited by online criminals to take over individual and corporate computers.

It was the first time since April 2007 that the software giant has issued a patch outside its schedule of monthly updates.

Microsoft said the critical flaw affected computers running Windows XP, Windows 2000 and Windows Server 2003, with less danger posed to computers running Windows Vista and Server 2008.


Peenya to take over Chandryaan-1 after its launch

Peenya to take over Chandryaan-1 after its launchChandrayaan-1 will be taken over by Peenya in Bangalore, for keeping an eye on its operations, after the launch at Sriharikota. 

For the next two years, the main centre to tracking and controlling Chandrayaan, would be the ISRO Telemetry, Tracking and Command Network (Istrac) at Peenya, where hectic activities have already begun. 


Rare corals cross-breed in order to survive

Rare corals cross-breed in order to survive It is a known fact that corals are near extinction. But nature has its own way to keep life moving. In a last earnest effort of the staghorn corals to survive, it has been learnt that they have started cross-breeding with other related species of corals.  

Zoe Richards of the ARC Centre of Excellence for Coral Reef Studies informed, "This breaks all the traditional rules about what a species is."


Tigers defeated by Rockets

Tigers defeated by Rockets In four matches conducted so far, Ahmedabad Rockets have won a single match against formidable Royal Bengal Tigers. However, on Wednesday at the ICL 20s Championship at the Sardar Patel Stadium, it was an emphatic win by the Ahmedabad Rockets over Bengal Tigers. 

The bowlers of the rockets team displayed a fine performance when they restricted Tigers batting to 131. The batting for Rockets was opened by Murray Goodwin and Ryan Campbell, who scored fours and sixes as the Tigers’ attack weakened under the assault and the Rockets speed away to 137 without loss in 12 overs. 


US stocks rise as oil price rise helps energy firms

US stocks rise as oil price rise helps energy firms Washington - Most US stock indices closed higher Thursday, led by an increase in oil prices that helped energy firms, and overshadowing more depressing news from the US housing market.

The rally was part of another volatile trading day and followed significant stock losses earlier this week, fuelled by ongoing fears of a global recession. The Standard & Poor's 500 index hit its lowest level in more than five years Wednesday but rebounded more than 1 per cent on Thursday.


Aircel Slashes Call Rates in TN

Aircel Slashes Call Rates in TN The pre-paid subscribers of Aircel in Chennai and rest of Tamil Nadu circle can be happy, since the company has slashed ISD call rates for them. 

The calls specifically made to Malaysia and Singapore will benefit from this scheme. A subscriber would be able to make ISD calls to Malaysia and Singapore at Rs 3 per minute, if he gets a recharge coupon worth Rs 96. If incase he gets coupon for Rs 29, the call would cost Rs. 3.5 per minute. 

This offer has been started off since there is vast numbers of Tamilians residing in Malaysia and Singapore. 


The launch of Fallout 3 cancelled by Microsoft in India

The launch of Fallout 3 cancelled by Microsoft in India Keeping in mind the “cultural sensitivities” in India, the release of Fallout 3 has been cancelled by Microsoft India in the nation. 

It was earlier planned that on 28th October, the Bethesda RPG will be published on Xbox 360 by the platform holder. However now MS informs that game was cancelled from being launched since it could hurt Indian sensibilities. 


New Digital Products Launched by Canon India

New Digital Products Launched by Canon IndiaMany companies offers decent discounts and new products to cash on the festive season. After Sony, now it's Canon who has launched many new Digital products in the market .The products are better versions of existing models as well as new products from digital cameras,camcoders,printers,copiers and all-in-ones besides quite a few software applications. 

The company, for the first time, has launched cable ID printers and card printers and is very confident of their performance.


Bajaj Finserv Suffers Loss of Rs 11.87 crore in July-Sept

Bajaj Finserv Suffers Loss of Rs 11.87 crore in July-SeptThe critical situation of the financial market has started taking its toll on a lot of companies. The financial services company Bajaj Finserv has shown losses during the period July to September.

The Managing director of the company confirmed the slowdown and pressure on margin in his statement: "Yes, we are seeing a slowdown in the sector. Industry growth has slowed down".


West Bengal to Utilize Singur Land for Industrialisation

West Bengal to Utilize Singur Land for IndustrialisationThe Singur land is up for takes after the withdrawal of Tata Motors. However, the State Commerce and Industry Secretary Sabyasachi Sen has urged the need to set up alternate industry in the land after acquiring it back from the Tata group. Mr. Sen also stated that if Tata's would like to set up any industry, they were welcome to do so. 

Also new investment for the 997 acres shall pour in only once the land is returned to the government. To quote Sen "So far no fresh proposal has come for the Singur land".


New York Mayor Bloomberg gets to run for third term

New York Mayor Bloomberg gets to run for third term New York - New York Mayor Michael Bloomberg on Thursday received an all-clear to run for a third term, after the City Council voted to extend a term limits law from eight to 12 years.

Bloomberg, a successful billionaire and founder of the financial wire services bearing his name, demanded a third four-year term so he can continue to lead the city through the severe economic crisis affecting Wall Street.


Bank of India Reports 80 percent rise in Net Profit in July-Sept

Bank of India Reports 80 percent rise in Net Profit in July-SeptBank of India has shown a 80 percent increase in net profit during the period July-September with both interest and Non-interest incomes going up. The bank has registered a profit of Rs 7.63 billion as against Rs 4.25 billion last year. Also the total income has shown a rise from Rs 36.03 billion last year to Rs 46.12 billion. While the net interest income rose to Rs 13.63 billion against Rs 9.86 billion a year back, whereby improving the net interest margin from 3.04 percent a year back to 3.2 percent now.


Lula advocates "urgent" reform of global financial institutions

Lula advocates "urgent" reform of global financial institutionsBrasilia - Brazilian President Luiz Inacio Lula da Silva on Thursday called for "urgent" reform in international financial institutions as the ongoing credit crisis has put developing countries at risk.

"The progress that our countries have made is at risk. The global financial crisis can affect developing countries in an unfair and particularly harsh way," he said.


At least 11 injured as low-grade bombs explode in Colombia

Bogota - Five low-grade bombs exploded in Colombian capital Bogota on Thursday injuring at least 11 people, police said.

The bombs, which contained between 200 to 500 grammes of explosives, were hidden in garbage cans in various affluent neighbourhoods in the north and west of the city.

Police said the motive was unclear and were looking for suspects. (dpa)


Microsoft first-quarter profits more than 4 billion dollars

Microsoft first-quarter profits more than 4 billion dollarsSan Francisco - Microsoft on Thursday reported first-quarter results that exceeded analysts' expectations, with profits up 2 per cent to 4.37 billion dollars.

Sales rose 9.4 percent to 15.1 billion dollars in the quarter that ended September 30, the company said in a statement, spurred by the demand for Office programmes and the Xbox video game console.

The world's largest software maker said sales for the full fiscal year, ending June 30, 2009, would be between 64.9 billion dollars to 66.4 billion dollars.


Japan's key Nikkei index falls nearly 3 per cent

Japan's key Nikkei index falls nearly 3 per centTokyo - Japan markets continued their losing streak Friday with the key Nikkei index dropping nearly 3 per cent.

In the first 15 minutes of trading, the Nikkei 225 Stock Average lost 232.45 points, or 2.75 per cent, to 8,228.53.

The broader Topix index of all first-section issues was down 24 points, or 2.75 per cent, to 847.7.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 97.58-63 yen, down from Thursday's quote of 97.68-70 yen.


Latin America favours Obama, but can handle McCain

Latin America favours Obama, but can handle McCainBuenos Aires - Brazilian President Luiz Inacio Lula da Silva said it best for how much of Latin America holds sees the US presidential elections on November 4.

He was upbeat about a victory for centre-left Democrat Barack Obama, the 47-year-old US senator.

"This (financial) crisis, among other benefits it will cause, will get Obama elected as president of the United States. It will get a black man elected, which is no small matter," Lula said bluntly.


"They were no reds": Franco's victims seek justice in Spain

 "They were no reds": Franco's victims seek justice in SpainLa Serna del Monte, Spain - In the night of August 14, 1936, Jose, Juan, Nicolas and Francisco Gutierrez were asleep in their parents' house in La Serna del Monte, a village north of Madrid.

Spain was through living turbulent times. A month earlier, a military uprising instigated by right-wing General Francisco Franco against the leftist republican government had unleashed a civil war.


"ASEAN plus three" leaders vow joint efforts on financial crisis

Beijing - Leaders of the "ASEAN plus three" group on Friday promised joint efforts to combat the global financial crisis and maintain regional economic stability.

Chinese Prime Minister Wen Jiabao chaired the meeting of leaders of the 10 members of the Association of Southeast Asian Nations (ASEAN) plus China, Japan and South Korea.

The 13 Asian leaders held an open discussion on "issues of common concern, especially the financial crisis and its influence on East Asia," host nation China said.


Notification for first phase of J-K Assembly polls today

Notification for first phase of J-K Assembly polls todaySrinagar, Oct 24: The notification for the first phase of Jammu and Kashmir Assembly elections will be issued today.

In this phase, ten Assembly constituencies in Bandipora, Leh, Kargil and Poonch districts will go to the polls on November 17.

The last date for filing of nominations is October 31 and scrutiny of nomination forms will take place on November 3. 

The Assembly elections will be held in seven phases till December 24. The counting of votes will be on December 28 and the election process will be completed by December 31.


Omar Abdullah flays separatists in Kashmir ahead of Assembly polls

Omar Abdullah flays separatists in Kashmir ahead of Assembly pollsJammu, Oct 24 : Jammu and Kashmir''s National Conference (NC) president Omar Abdullah has slammed the separatist groups for boycotting forthcoming Assembly provincial polls.

Abdullah said the separatists were trying to take advantage of the volatile situation since the Amarnath shrine land row erupted earlier this year.


Pak security forces kill 35 Taliban in Bajaur air-strikes

Pak security forces kill 35 Taliban in Bajaur air-strikesPeshawar, Oct 24 : At least 35 Taliban were killed in the Bajaur Agency when Pakistan security forces carried out ground and air strikes there last evening, Frontier Constabulary (FC) sources said.

Jet fighters continued targeting suspected Taliban hideouts in Loyesam and Charmang, they said and added that eight associates of Taliban commander Maulvi Omer were killed in an attack on a hideout in Badan.

Ground forces pounded the Taliban positions with artillery late on Wednesday.


Assam Health Ministry Working To Stabilize The State’s Population

State Health Minister Himanta Biswa Sarma said that state health department has already taken several steps to control population.

He said that the health department has accorded top priority to population control for 2009-10. There has already been a decline in the population growth rate of Assam, and the next survey will make this clear.

He added that that the Janani Suraksha Yojana, which provides financial incentive of Rs 1,400 to a mother in the event of a delivery in a government hospital, would now offer another Rs 1,000 if the family concerned opted for family planning.


Fewer fighters slipping into Afghanistan after Pak stepped up operations in tribal areas

Washington, Oct 24 : The US has reportedly welcomed the offensive launched by Pakistani security forces in the tribal areas in the recent weeks, saying that as a result of the move, fewer foreign fighters were now slipping into Afghanistan.

In a media briefing, US Defence Department spokesman Geoff Morrell welcomed “stepped-up operations” by the Pakistani military in Peshawar, and in Swat in particular, over the past two months.

“It is stepped up not just in terms of tempo, but in terms of effectiveness. As a result, we have seen some improvement in the flow of foreign fighters across the border into Afghanistan,” the Daily Times quoted Morrell as saying.


Japan parliament appoints Bank of Japan deputy governor

Japan parliament appoints Bank of Japan deputy governor Tokyo - Japanese parliament on Friday approved a government nominee to fill a vacancy at the central bank's deputy governorship.

Hirohide Yamaguchi, 57, who currently serves as the Bank of Japan's executive director, was appointed as the bank's deputy governor after the opposition-controlled upper house supported the government's choice.


Kidnappings and mine explosions in Russia's northern Caucasus

Kidnappings and mine explosions in Russia's northern CaucasusMoscow - Some 15 people were kidnapped by alleged Islamic militants in Russia's strife-torn North Caucasus region, while at least eight police officers were injured in mine explosions, media reports said Friday.

Masked gunmen abducted up to 15 civilians in the Russian republic Ingushetia, the Interfax news agency reported the republic's Interior Ministry as saying.

In Chechnya, eight police officers were injured when two mines exploded in buildings, the agency said. Both incidents took place late Thursday evening.


Joint Anti-Terror Mechanism talks between India, Pak today

Joint Anti-Terror Mechanism talks between India, Pak todayNew Delhi, Oct 24 : India and Pakistan will hold a special session of the Joint Anti-Terror Mechanism (JATM) here today, in which investigations in the terror attack on Indian Mission in Kabul are likely to figure prominently.

The Indian side will be led by Vivek Katju, Special Secretary (International Organisations) in the External Affairs Ministry while the Pakistani delegation will be headed by Aizaz Ahmad Choudhary, Additional Secretary (South Asia) in the Pakistan Foreign Ministry.


Kandhamal returning to normalcy, prohibitory orders lifted

The riot-hit Kandhamal district of Orissa is slowly returning to normalcy. District authorities have lifted the prohibitory orders under Section 144 CrPc from entire district from today. But the night curfew in five worst affected police stations will continue. 

District collector of Kandhamal Dr. Krishan Kumar said, "The night curfew would be lifted at any time from these areas while reviewing the law and order situation. There is no news of any untoward incidents in last fortnight."


17 fishermen arrested for fishing illegally

17 Bangladeshi fishermen were arrested near Orissa coast for illegally fishing in the Bay of Bengal.

They were arrested near Paradip Port of Orissa according to police. "They were fishing illegally in Indian waters some 35 nautical miles from the port. The coast guards caught them and handed over to police. "said a police officer of Paradip area.

This has become a regular problem in Orissa coast in which Bangla fishermen crossing international boundaries are forcibly fishing in Orissa coast. Even they have started to live in that area permanently. Population of these migrants could touch a figure of 30 thousand in Erasama and Rajanagar block of Jajgatsinghpur and Kendrapara district respectively.


Kalyan court to hear Raj Thackeray’s case

Mumbai, Oct 24 : A Kalyan court will today hear the case of Maharashtra Navnirman Sena (MNS) chief Raj Thackeray in connection with recent attacks on North Indians by his workers.

The Mumbai Police had arrested Thackeray from a guest house in Ratnagiri after a case was registered against him following Sunday''s attack by MNS workers on North Indian candidates appearing for a Railways exam in suburb Kherwadi.

Raj has been charged under Sections 153, 353, 336, 425 and 427 of the Indian Penal Code (IPC), police sources said.

His arrest had triggered violence across Maharashtra, with the police resorting to lathi-charge in several parts to dispel the protesters. (ANI)


Tendulkar back among top 20 batsmen

After becoming the highest run getter in Test cricket, the Liitle Master Sachin Tendulkar has catapulted back among the top 20 Test batsmen in ICC test rating. 

Now he stands at number 19 in the ICC list. He was at 24th spot before the biginning of Mohali test; that was his lowest position in last 15 years. 

In the same match the 35-year-old Mumbai player became the highest scoring Test batsman in history of world cricket overtaking the record of 11,953 runs set by West Indies' Brian Lara.

The Maharaja of Indian cricket Sourav Ganguly, who hit a century in the first innings of the second Test has also improved his position. The ranking shows his position at 23rd. 


Thackeray aide Shirish Parkar held for rioting

The Maharastra Nav Nirman Samiti general secretary Shirish Parkar was arrested on Wednesday night on charges of rioting. He was arrested by Kherwadi police. Parkar is the key aide of Raj Thackrey.

Police picked him from Thackeray's residence, Krishna Kunj, in Shivaji Park. DCP (Zone-3) confirmed his arrest. "Shirish Parkar has been arrested for rioting around the Bandra-Kurla Complex on Tuesday,'' he said. 

According to police Parkar was booked under Sections 143, 144, 145 and 141 of IPC, holding him responsible of rioting and unlawful assembly.


Raj's lawyer is a North Indian

Whether u believe it or not, but it's true.

One of the groups of lawyers defending the MNS chief Raj Thackrey belongs to North India. He is the most common face in Raj's legal team.

Akhilesh Chaubey, the 32-year-old lawyer from Jaunpur in UP, is one of strongest North Indian supporter of Raj. Raj has declared war against the North Indians residing in Mumbai or coming into the business capital of India for other reasons. 

Chaubey is associated with Raj since 1987 when he was a Shivsena activist. At that time Raj was heading Bharati Vidyarthi Sena, student wing of Shivsena. 


PM flies to China

The Indian Prime Minister Dr. Manmohan Singh has wound up his Two day long Japan visit. 

Before flying to China he desribed his visit to the island nation as "very productive and fruitful".

This was his second visit to Japan in less than two years. "This in itself reflects the great importance that India attaches to its relationship with Japan," Dr. Singh said 

PM is scheduled to meet his Pakistani counterpart in Beijing.

In the concluding hours of his visit PM met with his Japanese counterpart Taro Aso on Wednesday.


Space tourist Garriott, cosmonauts return to Earth

Moscow - A Russian Soyuz space capsule Friday returned to Earth safely, carrying its crew of Russian cosmonauts and a US space tourist.

The capsule with Richard Garriott, a computer games designer and son of NASA astronaut Owen Garriott, who paid 30 million dollars to follow in his father's footsteps, landed safely around 0330 GMT in the Kazakh steppe.

"Start and landing went according to plan. Now helicopters and search units are flying to the landing site," Valeri Lyndin a spokesman of the flight control near Moscow, was quoted as saying by the Interfax news agency.


Desperate Egyptians commit suicide after financial loss

Cairo - Crowds of private investors in Egypt's stock market, rallying angrily outside the bourse in downtown Cairo, demanding a halt in trading or at least the resignation of the exchange's head, have become a common sight in recent weeks.

Egypt's capital market, which for five years has been one of the best performing in the world, is now in the doldrums. The benchmark CASE 30 index has fallen by more than half since last May.

As a result, Egypt's many small retail investors, who had bet their family's savings on the seemingly inexorable rise of the CASE, are increasingly caught by the financial, social and psychological fallout of the global credit crunch.

Ordinary Egyptian families are now feeling the pain, some in desperate ways.


Amsterdam's Financial Mile facing credit crisis

Amsterdam's Financial Mile facing credit crisisAmsterdam - It's a beautiful Autumn day in Buitenveldert, one of Amsterdam's most popular neighbourhoods set against a backdrop of high-rises including the headquarters of Dutch ABN Amro and ING Bank.

Children bike around safely here on the broad bicycle paths, separated by trees from the roads.

During office hours, elderly people are strolling around in one of the many parks or chatting on benches at the upscale Gelderland plein shopping centre.

But despite appearances of such a peaceful urban setting, times have changed for Buitenveldert.


Raj Thackeray Let Off On Interim Bail

Maharashtra Navnirman Sena leader, Raj Thackeray, was let off on interim bail on Wednesday, after spending a night at the Manpada police station, Thane.

On Tuesday MNS workers were at their boisterous best, destroying property, indulging in arson and wreaking havoc all over the state of Maharashtra. Things calmed down a little on Wednesday when the proceedings shifted to the Kalyan court, where Mr. Thackeray was produced in relation with a case registered at the Kalyan railway police station on October 19. The allegation against him was setting off attacks on North Indian students appearing for a Railway Recruitment Board examination. The court accepted his anticipatory bail application.


Indian-origin researchers say IT outsourcing can uplift care at rural hospitals

Washington, October : A team of Indian-origin researchers in Penn State''s College of Information Sciences and Technology (IST) says that small hospitals in rural areas can provide patients with the benefits of modern equipment and technology by sharing an IT infrastructure with larger hospitals in the same geographic area.

Assistant Professor Madhu Reddy, Associate Professor Sandeep Purao, and graduate student Mary Kelly conducted interviews with administrators at a regional hospital and three small, rural hospitals in central Pennsylvania.

The researchers said that the three smaller hospitals relied on the regional hospital to manage such things as software, laboratory information, and technical support.


Trust me - I know there's a problem

Brussels - The trouble with telling a nervous customer that you have solved their problem is that you first have to admit that there is one. That is the dilemma facing the world's banks, governments and financial institutions as they desperately try to restore faith in an economic system which millions of customers now believe has failed.

"We have shown the world that the United States of America will stabilize our financial markets and maintain a leading role in the global economy," US President George W Bush proclaimed on October 3 after the US Congress passed a 700-billion-dollar bank rescue plan.

His words spectacularly failed to restore global confidence, with stock markets nosediving in the days following the vote.


Novel compound significantly reduces brain lesions in multiple sclerosis

London, October 24: Trials of a new compound called BG-12 have shown that it can reduce the number of new gadolinium enhancing (Gd+) lesions by 69 percent in patients with relapsing-remitting multiple sclerosis (MS), compared to treatment with placebo.

The oral compound was also found to show a 53 percent reduction in the mean number of T1-hypointense lesions, and a 44 percent reduction in cumulative new Gd+ lesions in patients treated during the trial.

While the presence of Gd+ lesions is thought to indicate continuing inflammatory activity within the central nervous system, T1-hypointense lesions are associated with significant breakdown and loss of brain tissue.


Stephanians Offended By Rahul Gandhi’s Claim

St Stephen’s College seems to have taken serious offense to Congress general secretary Rahul Gandhi’s comment that during his year-long stay there, students who asked questions in class “were looked down upon”.

On Tuesday, while addressing students at a university in Srinagar, Rahul Gandhi said, “When I was studying at St Stephen’s College, asking a question was not (perceived to be) good in our class. You were looked down upon if you asked too many questions.”

This statement set off a chain reaction among the Stephanians.


Self-assembling ''organic wires'' may pave way for bioelectronic applications

Washington, October 24: A research team from The Johns Hopkins University has created water-soluble electronic materials that spontaneously assemble themselves into "wires" much narrower than a human hair.

The researchers say that their work may pave the way for pacemakers that so closely mimic human tissues that a patient''s body cannot discern the difference to devices that bypass injured spinal cords to restore movement to paralysed limbs.


Singapore September manufacturing output up 2.4 per cent

Singapore EconomySingapore - Singapore's manufacturing output in September grew 2.4 per cent compared with the same month last year, the Economic Development Board said Friday.

However, the cumulative manufacturing output for the first nine months of the year shrank 1.9 per cent compared with the same period of last year, in view of slackening global demand.

The three-month moving average year-on-year manufacturing output index also contracted 11.4 per cent, said the city state's trade promotion agency. (dpa)


“China’s decision to supply Pak two N-reactors violates NSG rules”

Washington, Oct 24 : A US Congressman, who was known for his criticism of the recently signed Indo-US nuclear deal, has said that China’s decision to supply two nuclear reactors to Pakistan was in violation of the international trade rules established by the Nuclear Suppliers Group (NSG)”.

He also said that China’s resolve would also damage the international non-proliferation regime.

According to the Daily Times, in a letter written to US Secretary of State Condoleezza Rice earlier this week, Markey warned that the Chinese decision will “further destabilise South Asia”.


Omar Abdullah Sets The Election Campaign Rolling

The National Conference (NC) set the poll campaign rolling on Wednesday. It organized a rally at the sports stadium where around 3,000 people, mostly delegates, gathered to listen to Omar Abdullah who kicked off his party’s campaign.

“We realise that this time campaigning will not be easy. We have to tread a difficult path and we are ready for it. We deliberately chose the workers’ convention to kick-off our campaign. From tomorrow, we will have a full-fledged campaign in villages and other areas,” said the NC president. 


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