The government will have to rein in spending and cut subsidies to meet its fiscal deficit target, the country's Finance Minister said on Monday, underlining that an austerity drive will not be blown off course by an election due next year.
The RBI said the hardening of long-term yields "has resulted in banks incurring large mark-to-market losses in their investment portfolio".
The Indian Navy said on Friday there were no likely survivors on the INS Sindhurakshak submarine which exploded,caught fire and sank in Mumbai early on Wednesday with 18 personnel on board.
Members of Indian Medical Association (IMA) of Bihar have pledged to give priority to patients who are senior citizens. The IMA members also said that special health care packages for the BPL families should be announced by the government.
The first phase of polls were held on Tuesday with over 5,000 pachayats went to polls.
A helpline has been set up in the office of the relief commissioner in Lucknow for the benefit of the stranded people.
Hockey India has inducted Vidarbha Hockey Association as an associate member which means HI now has 12 associate members.
The government also tried to highlight that it had cleared the decks for expansion of FM radio with 839 new channels on the anvil.
A key Senate committee has confirmed Indian-American Srikanth Srinivasan's nomination to the DC Circuit Court.
Inter Milan president Massimo Moratti has been fined 20,000 euros for accusing referees of purposefully harming his football team.
The findings, reported by the US media, have raised the possibility of involvement of a woman in the Boston Marathon twin blasts.
Rose put on a show with the putter and ran off four straight birdies late in his round for a 7-under 65.
Reports say the government, which is yet to choose Gokarn's successor, is considering Kalpan Kochhar for the post.
The silver was won by Mohammad Asab from UP after he totalled 141+46 while Sodhi won the bronze with a score of 138 + 48.
Karunanidhi said the AIADMK changed its stance only to deny credit to the DMK, which kickstarted work on the project.
