Archive for: May 2010

The BSE benchmark Sensex opened up on Monday as investors put euro-zone worries behind them and looked ahead to a stronger economic data.
The economy is expected to have grown 8.7 per cent in the March quarter from a year earlier, its strongest since December 2007, a Reuters forecast showed. The data is expected around 11 a.m.. By 9:06 a.m., the Sensex was trading up 0.16 per cent at 16,890.22 points, with 16 components gaining.

The 50-share NSE index was down 0.15 per cent at 5,058.65.

www.indianexpress.com/news/sensex-opens-higher;-gdp-data-eyed/627092/

Rohit Sharma hammered his second successive ODI century as India crushed Sri Lanka by seven wickets in their second match to put their campaign back on track in the cricket tri-series here today.
Chasing 243, India made a rather slow start and lost both their openers inside 10 overs before one-down Virat Kohli (82) and Rohit (101 not out) resurrected the innings to help India romp home with 6.3 overs to spare at the Queens Sports Club.

Earlier, the tidy Indian howlers produced a disciplined effort to bundle out Sri Lanka for 242 after captain Suresh
Raina had opted to field. Today’s win …

Rahul Gandhi, it appears, has little confidence in the Uttar Pradesh Congress Committee (UPCC) going by his decision to deploy a parallel team to assist him in the 2012 assembly polls.

The Congress general secretary has chosen a 10-member team of his trusted men drawn from across the country to help him prepare a panel of potential candidates to take on the might of Mayawati.

Normally, the state unit of the party recommends names of potential candidates.

But showing little confidence in the UPCC, he has chosen his own team to prepare confidential reports of all 403 assembly seats. Three prospective candidates will …

Nearly two years after they parted ways, the ruling DMK in Tamil Nadu on Sunday decided to revive its ties with the PMK, but refused to allot a seat to the party in the forthcoming Rajya Sabha polls.

Announcing the decision to re-admit PMK in the DMK-led Democratic Progressive Alliance, Chief Minister M. Karunanidhi said the decision was taken on the basis of letters PMK chief S. Ramadoss wrote to him.

“Our intentions of re-admitting PMK into the alliance are well-founded,” he told reporters after a meeting of DMK’s high-level committee, which took the decision.

indiatoday.intoday.in/site/Story/99518/LATEST%20HEADLINES/DMK+revives+ties+with+

PMK,+no+Rajya+Sabha+seat+for+June+polls.html

Charging Samajwadi Party leaders with conspiring against him, expelled party leader Amar Singh on Sunday apologised to Uttar Pradesh Chief Minister Mayawati and the Congress party for accusing them of framing him in a Rs 500 crore financial fraud case.

“Fellow bloggers, this is my last blog posting on my previous party, the Samajwadi Party. I want to apologise to Chief Minister Mayawati because it was not she but the brother and son of SP supremo (Mulayam Singh Yadav) who got me framed in the case lodged at Babupurva police station (in Kanpur),” Singh said.

“The truth came to light after two …

Authorities are warning that torrential rain and gale-force winds could turn dangerous for people on the south coast of New South Wales this weekend.

A low pressure system is expected to affect the south coast tomorrow morning, then track northwards to the Illawarra during the day, possibly affecting Sydney and the central coast late in the day or overnight into Monday.

The Bureau of Meteorology has issued what it calls a “heads up” for possible future flooding in the Bega, Moruya, Tuross and Shoalhaven Rivers, and for local flash flooding at Wollongong …

The PCB will seek the advice of the Pakistan government before deciding whether or not to support John Howard’s bid for the vice-presidency of the ICC, a stance senior officials say indicates the seriousness and sensitivity of the issue.
Howard, the former Australian prime minister, was nominated by Australia and New Zealand as their candidate for the vice-president’s post which will eventually see him take over from Sharad Pawar as ICC president in 2012. But his nomination has run into stiff opposition from a number of boards within the …

Oil and Natural Gas Corporation Ltd. (ONGC) on Friday reported a 4 per cent increase in its net profit at Rs.16,768 crore in 2009-10 as compared to Rs.16,126 crore reported in the previous fiscal.

Dividend
However, the company’s sales during the last fiscal (including trading) declined by 6 per cent to Rs.60,205 crore. The ONGC board recommended payout of Rs.33 per share dividend for 2009-10.

www.hindu.com/2010/05/29/stories/2010052964281800.htm

function showlist (id,top) { document.getElementById(id).style.top = top document.getElementById(id).style.visibility=’visible’ } function hidelist (id) { document.getElementById(id).style.visibility=’hidden’ } …

Prime Minister Manmohan Singh on Friday discussed with US President Barack Obama the maiden strategic dialogue between India and the US in Washington next week, and added that a warm welcome awaited him when he visits New Delhi later this year.
“The prime minister spoke this evening with US President Barack Obama,” the Prime Minister’s Office said in a statement. “Both sides attach great priority to the dialogue as a means to strengthen bilateral engagement on a wide range of issues,” said the PMO.
The inaugural ministerial-level strategic dialogue between …

Mohammad Yousuf has closed the door on the prospect of coming out of retirement for Pakistan’s upcoming tour of England, saying he was still disappointed with the way he was treated by the PCB.

“I will not change my decision about the retirement. What happens in the future only God knows,” Yousuf told Reuters. “I am still disappointed at the way the board treated me, and with the ban, because I didn’t deserve it as I have always given my 100% to the team.”

Of the seven punished players, Yousuf was the …