Friday,
April 18,
2008, Chandigarh, India
Updated at 3:00 am (IST)
CRR up by
0.5% Mumbai, April 17
The Reserve Bank today hiked the ratio of mandatory deposits
that banks need to maintain with it by 50 basis points to suck
out about Rs 18,500 crore from the system, complementing
efforts of the government to fight price rise.
Inflation eases
Inflation rose 7.14 per cent in the 12 months from 3.83 per cent on January 12, 2008, to 7.41 per cent on March 29 and remained at 7.14 per cent on April 5, a government official said on Thursday. This is slower than the previous week's annual rise of 7.41 per cent.
— PTI (Details on Business
page)
Oil boils at $115
Oil prices set a record above $115 a barrel on Thursday as a fall in US gasoline inventories raised supply shortage concerns ahead of the summer driving season. US crude set a new high of $115.45 a barrel and was trading at $115.08, up 15 cents.
— Reuters
Futures
trading Report
in 10 days: Pawar ‘Global prices,
states behind price rise’ New Delhi, April 17
Union agriculture
minister Sharad Pawar today blamed international prices and
entry of private players for the price rise and went on to
portion out a part of the blame on the states.
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London, April 17
President
Vladimir Putin, known for keeping his private life out
of public gaze, is to marry a gymnast less than half
his age, a news report said on Thursday. Moscow is
ablaze with rumours that Putin, 56, and the flexible
24-year-old Alina Kabaeva, who is now a member of the
Russian parliament, have decided to tie the knot, The
Daily Telegraph of Britain reported on Thursday.
Alina Kabaeva
Ordinance
to regulate use of sub-soil water in Punjab Chandigarh,
April 17
The Punjab Governor has
signed the ordinance, clearing the decks for regulating use
of sub- soil water for paddy sowing in the state. After the
signing of the ordinance by the Governor, Raj Bhavan
returned it to the government today morning.
New Delhi, April 17
External affairs
minister Pranab Mukherjee was a relieved man when the
India run of the Olympic torch relay ended peacefully
this evening. Having assured China that India would do
everything possible to ensure the peaceful passage of
the torch in Delhi, Mukherjee personally monitored the
progress of the relay at every step of the way.
In video (56k) Veteran Indian
athlete Milkha Singh runs with the Olympic torch
during the relay in New Delhi on Thursday. — AFP
photo
Dragon
faces crouching tiger Chandigarh, April 17
It is not only Tibet but also
saving the tiger from extinction that has been putting pressure on the
Chinese authorities in the run-up to the 2008 Beijing Olympic Games.
“With the run-up to the Beijing Olympics, the world’s attention is
on China. We must raise the issue of tiger extinction with the Chinese
authorities and ensure they do not lift the ban on trade in tiger
products which would prove disastrous to global efforts to save the
tiger”, says Neena Gill, a member of European Parliament.
Editor-in-Chief, Publisher & Printer: H.K. Dua Published from The Tribune House, Sector
29-C, Chandigarh, India, 160030
for The Tribune Trust. Phone: (91-172)
2655066. Fax: (91-172)
2651291
Copyright : The Tribune Trust, 2006.
In video (