New Delhi

Indian Navy mulling increase in warships to fight Somalian pirates

Indian Navy mulling increase in warships to fight Somalian piratesNew Delhi, Nov. 20 : A senior officer of the Indian Navy on Thursday said that the Indian Government is seriously considering a proposal to increase the number of warships in the Gulf of Aden to counter piracy in the area.

Speaking off the record, the naval officer said: "Yes, we are considering a proposal to increase the number of warships in Gulf of Aden to fight the pirates and to protect merchant ships flying the Indian flag."

Recession evokes mixed reactions from Indian companies

INDIAN_CURRENCYNew Delhi, Nov 20 :Global economic crisis has evoked mixed response from the Indian companies.

Though the slump is felt in India and the heat has impacted various sectors, still many entrepreneurs have expressed optimism about overcoming the current recession.

According to reports the Indian economy is likely to expand by 7.4-7.8 per cent during 2008-09 fiscal year, slower than nine per cent of last year, as credit crunch and global downturn trims growth.

India's Sensex falls 3.7 per cent

India's Sensex falls 3.7 per centNew Delhi - India's benchmark Sensex fell 3.68 per cent Thursday for its seventh-straight losing session on heavy selling sparked by drops in the US and Asian markets.

The 30-share Sensitive Index of the Bombay Stock Exchange, which had lost more than 1,750 points over the past six sessions, fell by another 322.77 to close at 8,451.01.

Sectoral indices - including consumer durables, oil and gas, metals and banking - lost more than 4 per cent each. The major contributors to the decline were real estate major DLF, telecommunications company RCom and ICICI Bank.

CCEA bid to improve weavers’ living condition in Varanasi and Assam

Assam, GuwahatiNew Delhi, Nov 20 : The Cabinet Committee on Economic Affairs (CCEA) on Thursday gave its approval to the implementation of the Comprehensive Handloom Cluster Development Scheme at Varanasi (UP) and Sibsagar (Assam) as a central sector plan scheme with a budget provision of Rs. 140 crore that is Rs. 70 crore for each cluster during the XI five year plan.

CCEA approves National Highways fee rules, 2008

CCEA approves National Highways fee rules, 2008New Delhi, Nov 20 : The Cabinet Committee on Economic Affairs (CCEA) on Thursday gave its approval to the National Highways fee (Determination of rates and collection) Rules, 2008.

The National Highways fee (Determination of rates and collection) rules, 2008 will improve the viability of road projects to be implemented on PPP mode by provision of an annual increase in fee.

It will also bring uniformity in fee rate for public funded and private investments projects.

Gifting wife sexy lingerie costs husband his ankle!

Gifting wife sexy lingerie costs husband his ankle!New Delhi, Nov 20 : Buying sexy lingerie proved injurious for a loving husband after his wife broke his ankle after receiving the gift.

Zhao dislocated his right ankle when his wife reacted violently after buying her sexy lingerie in Guangzhou, Guangdong province.

He had secretly purchased the sexy lingerie at a sexual culture show as a surprise for his wife, reports China Daily.

But she was more shocked than surprised when he gave it to her and accused him of "being indecent" before kicking him and breaking his leg.

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