Historic rally: Only 1 minute of trading
Sensex poll vaults, crosses 14,000 mark
Mumbai, May 18
For the first time in the history of Mumbai Stock Exchange, circuit breaker was applied today to stop trading after just 30 seconds. This was done to cool down an over-heated market as a buying spree pushed the sensex up. When trading resumed after a two-hour gap at 11.55 am, it had to be stopped again after 30 seconds as the upward surge of the sensex continued.

Editorial: Vote for growth   Euphoric traders react inside a brokerage in Ahmedabad on Monday. — Reuters

CPM veteran may be pro-tem Speaker
14th Lok Sabha dissolved
New Delhi, May 18
President Pratibha Patil today dissolved the 14th Lok Sabha, paving the way for the constitution of a new House, following the resignation by Prime Minister Manmohan Singh and his council of ministers.

Lankan army claims LTTE chief dead
The man considered one of the world’s most ruthless terrorists, the chief of the Liberation Tigers of Tamil Eelam (LTTE) was killed by the Sri Lankan army along with his top aides as the army took control of all areas in northern Sri Lanka on Monday, according to the statement issued by military officials.

Major assassinations carried out by LTTE
Editorial: After Prabhakaran

Address root causes of strife, India tells Colombo
New Delhi, May 18
Soon after Colombo announced the killing of LTTE chief V Prabhakaran, India asked Sri Lanka to address the root causes of the ethnic strife in the island nation and take political steps towards the devolution of power to all communities.

CPM split wide open
New Delhi, May 18
The CPM’s anti-Congress pitch during the Lok Sabha elections came up for discussions at the party’s Politburo meeting in the capital today, with a section of the leadership hammering the need to review the results of party’s dissociation from the Congress.

Govt Formation
UPA pre-poll allies meet tomorrow
New Delhi, May 18
After winning 21 seats in Uttar Pradesh, the state Congress is of the opinion that the party should not enter into any tie-up at the Centre with the Samajwadi Party, the BSP or the RLD- the party headed by Ajit Singh, which landed five Lok Sabha seats in this general election.