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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.

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.

Two militants killed in J&K

Jammu and KashmirGanderbal (J-K) Oct 23 : Two Hizbul Mu

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.

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.

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

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