28 seconds ago
Two government banks posts net loss, PNB sees steep fall in profit

Chennai, Feb 9 (IANS) Two government owned banks - the Allahabad Bank and Dena Bank - on Tuesday declared net loss while a third - the Punjab National Bank (PNB)- announced a steep Rs.723.55 crore fall in its net profit for the third quarter of the current fiscal. The common thread in the results of these three banks and also true of other government owned banks that declared their resul...

34 seconds ago
How a soldier survived for 6 days buried under 35-feet snow

New Delhi, Feb 9 (IANS) While it was nothing short of a miracle that an Indian Army soldier was found alive six days after being buried under 35 feet of snow on Siachen glacier -- and presumed dead, not only the tough survival training modules that he underwent to face natural calamities but also the ice may have played a key role in his survival, say health experts. Organs are usually t...

21 seconds ago
IFC reissues Maharaja bonds for additional $27 million

Mumbai, Feb 9 (IANS) A leading domestic stock exchange on Tuesday reported that World Bank Group member International Finance Corporation (IFC) reissued Maharaja bonds to raise an additional $27 million for infrastructure investment in India. According to the National Stock Exchange (NSE), the latest IFC move is the first for a non-government issuer to reissue debt securities in the dome...

22 seconds ago
Sri Lanka win toss, opt to bowl against India

Pune, Feb 9 (IANS) Sri Lanka won the toss and chose to bowl against India in the first T20 International of the three-match series at the Maharashtra Cricket Association Stadium here on Tuesday. India have opted to rest vice-captain Virat Kohli. Right-hand batsman Ajinkya Rahane has taken his place. ...

34 seconds ago
Bihar cabinet nod for Patna Metro Rail project

Patna, Feb 9 (IANS) The Bihar cabinet on Tuesday gave the long awaited nod to the Detailed Project Report (DPR) of the Patna Metro Rail Project, an official said. The DPR of the Patna Metro Rail project was approved in a cabinet meeting chaired by Chief Minister Nitish Kumar. The decision was much awaited, the official in the chief minister's office said. The proposal on the Rs.1...

34 seconds ago
Nine Ukranians who took photos with drone let off

Chennai, Feb 9 (IANS) Police in the temple town of Tiruvannamalai in Tamil Nadu let off nine Ukranians with a stern warning after they took pictures of the Arunachaleshwarar temple using a drone on Tuesday. They were let off with a stern warning not to take pictures with a drone. The pictures in the drone camera were erased, a police official in Tiruvannamalai, 195 km from Chennai, told ...

16 seconds ago
NIA seeks Internet data of Islamic State suspects

New Delhi, Feb 9 (IANS) The National Investigation Agency (NIA) has sought the help of various Internet Service Providers (ISPs) to obtain the data used by arrested Islamic State suspects. The suspects had extensively used various social media sites, including WhatsApp, Facebook and Twitter, to recruit and promote the ideology of the terrorist outfit in India. According to source...

15 seconds ago
Himachal forest employees held for illegally felling trees

Shimla, Feb 9 (IANS) Himachal Pradesh police on Tuesday arrested 12 state forest department employees in connection with large-scale illegal felling of trees in Chamba district in 2014. The forest officials, whose involvement was found in the illegal felling of trees, have been arrested, Deputy Superintendent of Police Bir Bahadur Singh told IANS over phone. The functionaries wer...

39 seconds ago
President lauds 'indomitable spirit' of Siachen avalanche survivor

New Delhi, Feb 9 (IANS) President Pranab Mukherjee on Tuesday applauded the indomitable spirit of Lance Naik Hanumanthappa Koppad rescued alive six days after he along with nine other armymen was buried under an avalanche on the Siachen glacier. I am happy to know that Lance Naik Hanumanthappa Koppad has survived the avalanche on the Siachen glacier. I applaud his indomitable spirit and ...

17 seconds ago
SC declines two Arunachal lawmakers' plea

New Delhi, Feb 9 (IANS) The Supreme Court on Tuesday dismissed the plea by two former rebel Congress lawmakers in Arunachal Pradesh challenging acceptance of their resignations by Speaker Nabam Rebia on October 1, 2015, 15 days after they had signed it. Declining to interfere with January 12 order of Gauhati High Court upholding the speaker's decision to accept the resignations of Wangla...

52 seconds ago
Koirala was man of simple living, high thinking: Sushma

Kathmandu, Feb 9 (IANS) Nepal's former prime minister Sushil Koirala, who died on Tuesday, epitomised the adage simple living, high thinking, visiting Indian External Affairs Minister Sushma Swaraj said. Koirala, president of the Nepali Congress, died in the early hours of Tuesday at his Maharajgunj residence in Kathmandu. Sushma Swaraj signed a condolence message on behalf of th...

19 seconds ago
Bodies of nine soldiers recovered in Siachen, says army

Jammu, Feb 9 (IANS) The army on Tuesday said the bodies of nine soldiers, including a junior commissioned officer, who were buried alive under an avalanche on the Siachen glacier have been recovered. The 10 armymen were swept under the avalanche which hit their patrol at 20,500 feet altitude on the southern side of the Siachen glacier in Jammu and Kashmir's Ladakh region on February 3.

5 seconds ago
US dollar to be blamed for economic slowdown: Forbes

New York, Feb 9 (IANS) While it is easy to blame the slowing of the US economy on foreigners, a recent article published by The Forbes has said that rise of the US dollar is the root cause. The US economy sharply slowed in the fourth quarter of 2015 with a mere 0.7 percent annual growth rate, a significant drop compared to earlier in the year, Xinhua reported. With exports fallin...

14 seconds ago
Swedish prime minister to take part in Make in India week

New Delhi, Feb 9 (IANS) Swedish Prime Minister Stefan Löfven will arrive in India on Saturday on a two-day visit to participate in the Make in India Week in Mumbai and also hold bilateral dialogue with Prime Minister Narendra Modi. Lofven leads a high-level delegation comprising state secretaries, senior officials from the Swedish government, heads of agencies and industry leaders from ...

29 seconds ago
Power Finance Corp Q3 net up almost 3 percent

New Delhi, Feb 9 (IANS) State-run Power Finance Corporation Ltd (PFCL) on Tuesday reported a standalone net profit growth of 2.60 percent at Rs.1,582 crore for the third quarter of 2015-16 as against Rs.1,542 crore in the same period of last fiscal. In a stock exchange filing, the company also said that total income for the quarter in consideration increased to Rs.6,994 crore from Rs.6,3...

30 seconds ago
No bitterness towards Terry despite spat: Savage

New Delhi, Feb 9 (IANS) Welsh footballer-turned-pundit Robbie Savage holds no bitterness towards Chelsea captain John Terry after the two were involved in a recent public feud. The former Wales midfielder, in his capacity as a television expert, criticised Terry's performance as awful after defending English Premier League (EPL) champions Chelsea succumbed to a humiliating 1-2 away defea...

19 seconds ago
Rocky exoplanets have Earth-like interiors: Study

New York, Feb 9 (IANS) The interior structure of rocky exoplanets orbiting other stars will have interiors very similar to Earth -- a thin outer crust, a thick mantle, and a Mars-sized core, researchers have shown using a computer model. We wanted to see how Earth-like these rocky planets are. It turns out they are very Earth-like, said lead author Li Zeng of the Harvard-Smithsonian Cent...

35 seconds ago
Over 76,000 refugees, migrants reach EU in 2016

Geneva, Feb 9 (IANS) International Organisation for Migration (IOM) on Tuesday said 76,263 maritime refugee and migrant arrivals were recorded in Europe through the first six weeks of 2016. This represents close to 2,000 arrivals on European shores every day, nearly ten times the daily average of a year ago, Xinhua reported. With the number of arrivals showing no sign of abating,...

17 seconds ago
Germany ends 2015 with weak economy performance

Berlin, Feb 9 (IANS) German industrial output and exports declined in December 2015, official data showed on Tuesday, indicating a shaky growth of Europe's biggest economy. Adjusted for seasonal swings and inflation effects, production in German industrial sector fell by 1.2 percent from the previous month in December 2015, Xinhua quoted German federal statistics office Destatis as sayin...

45 seconds ago
Madhur Bhandarkar to get honorary doctorate

Mumbai, Feb 6 (IANS) National Award winning filmmaker Madhur Bhandarkar will be conferred with an honorary Doctorate in Arts by Ahmedabad-based Rai University to appreciate his contribution to the Indian cinema and for laying a pitch for women-centric films. Best known for his films like Chandni Bar, Page 3, Traffic Signal and Fashion, Bhandarkar will be given the honour at the annual co...

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