Tuesday, October 30, 2012, Chandigarh, India
Edition update time 2:30 am (IST)

Latest news, updated at 12:30 pm

 RBI cuts key rates; repo rate unchanged...more
 Superstorm Sandy hits US, over 10 dead
...more
 Heavy rains, cyclone alert in TN, Andhra
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FM unveils fiscal consolidation plan
Accepts Kelkar committee suggestions
Plans to bring down deficit to 3% in 5 years
New Delhi, October 29
Union Finance Minister P Chidambaram addresses media in New Delhi. Finance Minister P Chidambaram today outlined a plan for fiscal consolidation and cut the deficit to 3 per cent in the next five years. Unveiling a roadmap, Chidambaram said as fiscal consolidation takes place and investors’ confidence increases, it is expected that the economy will return to the path of high investment.
Union Finance Minister P Chidambaram addresses media in New Delhi. Tribune photo: Mukesh Aggarwal

Hike in railway fare possible, hints Bansal
New Delhi, October 29
In a move which could bring some relief for the empty coffers of the Indian Railway, new Railways Minister Pawan Kumar Bansal said a hike in fares was a possibility. Taking charge of his new ministry at Rail Bhawan, Bansal said there was a possibility of a passenger fare hike to improve services in the Railways.



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Rahul set to play a bigger role in Cong
Likely to be designated No 2 in party
New Delhi, October 29
Having completed the complicated exercise of revamping the Cabinet, Congress President Sonia Gandhi will focus attention on the impending changes in the party organisation in preparation for the 2014 Lok Sabha electoral battle.

Badal meets PM, says memorial like any other gurdwara
New Delhi, October 29
Parkash Singh BadalPunjab Chief Minister Parkash Singh Badal today called on Prime Minister Manmohan Singh and Union Home Minister Sushsil Kumar Shinde to discuss the situation in Punjab and also pending affairs of the Sikh community and warned the Centre against interference in the Sikh affairs.
                                     
Parkash Singh Badal

Former Akali MLA shot dead over property dispute
Moga, October 29
Two-time former MLA and senior SAD leader Malkit Singh Keetu was allegedly shot dead by his three nephews and two others over a property dispute at his house in Bilaspur village of Moga district on Monday morning.
Grief engulfs Barnala
Badal, Sukhbir mourn death 

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New ministers spell out their agenda
 New Delhi, October 29
Soon after the Cabinet reshuffle, the government has revived the talk about 4.5 per cent minority sub-quota within the 27 per cent OBC reservation in Central educational institutions and jobs. The Andhra Pradesh High Court had struck down this quota and the Supreme Court had refused to grant the government any relief by way of a stay on the HC judgment.

(Details on Nation page)

US braces for hurricane Sandy
New York, October 29
Hurricane Sandy, the monster storm bearing down on the US east coast, strengthened on Monday after hundreds of thousands moved to higher ground, public transport shut down and the US stock market suffered its first weather-related closure in 27 years.
(Details on World page)

Shruti eager to marry Nishan, complete her studies
Jalandhar, October 29
Shruti Sachdeva is keen to marry her ‘kidnapper’ Nishan Singh Brar and complete her studies. In a meeting facilitated by Jalandhar Police Commissioner Gaurav Yadav between Shruti and her family members at the Nari Niketan here, the young girl seemed very clear about her goals in life. Shruti conveyed her persistent fondness for Nishan to her parents.


(Other related stories on Punjab page)
Shruti’s medical report may lead to fresh turmoil
Legal implications of a minor’s pregnancy

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