New Delhi, Sep 18 : The United Progressive Alliance Government today once again ruled out to bring back POTA to fight terrorism, saying that it was a draconian law.

Minister of Information and Broadcasting Priyaranjan Dasmunshi told reporters that POTA was against the human right and there is no question of re-enactment of the same law, which was misused in the past.

He said that the existing law to deal with terrorism is strong enough and if necessary, additional provisions will be added to further to strengthen it.

New Delhi, Sept 18 : The anticipatory bail plea of Utsav Bhasin, accused of mowing down a person with a BMW car, has been rejected by a Delhi court today.

On Wednesday, Additional Sessions Judge Brijesh Garg, to whom the anticipatory bail application was marked, adjourned the hearing on the plea till today as the parties failed to produce the order of the Delhi High Court.

Investigating Officer A S Rawat, however, submitted before the court that he would file the order of the High Court passed on Tuesday.

Earlier, the Delhi High Court said the offence of Bhasin is non-bailable and issued a notice on a petition seeking cancellation of bail granted to him.

New Delhi, Sept 18 : Finance Minister P Chidambaram today said that declaration of bankruptcy by Lehman Brothers of the US was not a cause of concern for public sector banks as they have no exposure in US-based financial institutions.

Taking to mediapersons here, Chidambaram said that the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) have assured that Public sector banks have no exposure to Lehmen Brothers which applied for bankruptcy in the United States.

New Delhi, Sept 18 : The Union Cabinet today gave its approval to the establishment of an autonomous ‘Institute of Nano Science and Technology Mohali’ under the Department of Science and Technology

New Delhi, Sept 18 : The Union Cabinet today gave its approval to review the Print Media policy by allowing publication of India editions of foreign magazines publishing news and comments on public news.

Publishers of such editions would continue to be eligible for attracting 26 per cent foreign investment. The broad parameters for granting such permission are as follows:

a) Permission to publish such editions would be granted only to those Indian companies which are registered under the Indian Companies Act, 1956

New Delhi, Sep 18 : The Union Government has said that it will allow foreign telecom companies to bid on their own without a domestic partner for the 3G spectrum but they will have to find a local player before starting services.

Telecom Secretary Siddharth Behura said according to Indian laws, foreign companies can own up to 74 per cent stake and thus they would be required to form a joint venture with an Indian company before starting the services.

‘The foreign telcos can bid for the 3G spectrum on their own but before rolling out services they should find an Indian partner,” he said.