Morgan Stanley says 35% chance of Sensex hitting 16,000

Morgan Stanley says 35% chance of Sensex hitting 16,000

Mumbai:Morgan Stanley says RBI’s cash tightening measures last month have made Indian shares much more vulnerable to global cues, especially the expected tapering of U.S. monetary stimulus.”As RBI’s moves echo into the economy, we believe that share prices in India are likely to fall led by banks,” Morgan Stanley said in a note dated Wednesday.Morgan […]

Chaos at juvenile home where teen accused of Delhi gang-rape is kept

Chaos at juvenile home where teen accused of Delhi gang-rape is kept

New Delhi: Juveniles at a reform home in Delhi today climbed onto the roof of the building and set fire to blankets and hurled stones at care-takers. It’s not clear what provoked them.The juvenile who is being tried for December’s gang-rape on a moving bus is housed at the same facility.The juveniles’ court in the capital […]

37 farmer suicides in Maharashtra till March due to agrarian reasons

37 farmer suicides in Maharashtra till March due to agrarian reasons

Mumbai:Seven farmers in Karnataka committed suicides for the same reason till June this fiscal year while the number for Andhra Pradesh is 3 till July this calendar year and Kerala just one, Pawar told Lok Sabha.No such incidents has been reported from other state governments and union territories, he added. In the whole of last […]

Rupee slips to 61.45, support measures awaited

Rupee slips to 61.45, support measures awaited

Mumbai:The rupee resumed its descent on Wednesday to move within sight of a record low hit a day earlier, with policymakers set to discuss fresh measures to defend the worst performing Asian currency of the year so far.Financial sector regulators, including Raghuram Rajan, who was on Tuesday appointed to take over next month as governor […]

Minor girl shot at in Delhi

Minor girl shot at in Delhi

NewDelhi:Two unidentified men barged into her house in south Delhi’s Dakshinpuri area and fled after shooting her in the neck. She was rushed to AIIMS Trauma Centre where her condition is critical.Police suspect personal enmity to be behind the attack.

Defence Minister will not apologise for statement, says government

Defence Minister will not apologise for statement, says government

New Delhi: Defence Minister AK Antony, who has hurtled the government into a major controversy with his statement on the killing of five Indian soldiers in Kashmir, met the Prime Minister this afternoon.The main opposition party, the BJP, says Mr Antony owes the country an apology for letting Pakistan off the hook with the statement he […]

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