Inflation reverses trend; rises to 10.72 pc
New Delhi, November 6
Having continued its southward journey for five weeks in a row, inflation rose marginally to 10.72 per cent for the week ended October 25 from 10.68 per cent in the previous week. The annual rate of inflation, measured by movement in the wholesale prices, was at 3.11 per cent in the corresponding period a year ago.

Banks cut lending rates

Indian American Sonal Shah in Obama’s advisory team
President-elect Barack Obama has appointed an Indian-American, Sonal Shah, to his advisory board to assist in the smooth transition of power and many other Indian-Americans are also likely to play key roles in the Obama Administration. Sonal Shah, an economist who currently serves as director for global development at Google.org promoting the firm’s philanthropic work, at one time was employed by the Center for American Progress.

CTBT could be thorn in US-India ties
A day after Barack Obama was elected the 44th President of the USA and its first black leader, there is anticipation of a seismic foreign policy shift and nations around the globe are wondering what an Obama presidency means for them. The US-India relations, jump-started by the historic March 2000 visit to India by President Bill Clinton and then carried to dizzying heights under President George W. Bush, are unlikely to slow down.

Bhutan gets new king
Thimphu, November 6
In an elaborate sacred ceremony marked with chanting of sacred Buddhist sutras, religious music and traditional dance, Oxford-educated and Indian-trained Jigme Khesar Namgyel Wangchuck was today coronated as the fifth king of Bhutan. The 28-year-old Namgyel Wangchuck was handed over the Raven Crown by his father and fourth king Jigme Singye Wangchuck at the religious ceremony to emerge as the youngest reigning monarch of the world’s youngest democracy.

Bhutan's fifth King Jigme Khesar Namgyel Wangchuck adjusts his crown during his coronation ceremony on Thursday. — Reuters photo

Punjab failed to act timely
Chandigarh, November 6
The Central team, which visited Punjab to look into an upsurge in dengue cases, has indicted the state government for failing to take timely action, which it maintains, could have drastically checked the number of dengue cases recorded at 3,078 till now.

Army hands over Lt Col’s case to ATS
New Delhi, November 6
The Indian defence authorities today handed over the jurisdiction of the case of the serving Lt Col Srikant Purohit to the Mumbai anti-terrorist squad (ATS) even as it is unlikely that any immediate move will be launched to dismiss him from service. The handing over the jurisdiction was formality that had to be completed before the police could start its on own course.

Honour Killing Teenaged cousins killed for eloping Greater Noida, November 6 Two teenaged cousins, Sonam (14) and Pinky (17), were allegedly shot dead by their cousin, Sonu (22), in Surajpur today. They both were daughters of brothers, Om Prakash and Gopichand, respectively. The victims were allegedly shot at the chest and stomach, the police said. The matter could be termed as honour-killing as both girls reportedly had an affair with two boys of the locality with whom they had eloped to Aligarh on November 1.