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The Reserve Bank of India (RBI) has hiked the Marginal Standing Facility (MSF) rate and Bank Rate each by 200 basis points to 10.25 percent, to curb Rupee's fall against the USD. As a result, the Rupee bounced back by 1% to trade at 59.13…

The Bharatiya Janata Party (BJP) has decided to charge Rs 5 as entry fee for Gujarat CM Narendra Modi's public rally in Hyderabad, which will be held on August 11. The funds collected, will be donated for the relief work of flood-affected…

The Reserve Bank of India (RBI) has cracked the whip on erring banks, by imposing penalties on them for violating the KYC (Know Your Customers) rules and anti-money laundering norms. The Central Bank imposed Rs 49.5 crore fine on 22 banks,…

In a shocking development, two best sprinters in the world, Asafa Powell (Jamaica) and Tyson Gay (USA) failed in the dope test and found positive for banned substances. Powell is the former world record holder in 100m race. Ironically,…

The title may sound odd. But, this is the reality. The first ODI between Pakistan and West Indies at Providence, Guyana, turned out to be Afridi vs West Indies, which was won by the former hands down. With his all-round performance, Afridi…

The 19-year-old Shiva Thapa from Assam, had made history when he became the youngest Indian boxer to qualify for the Olympics at the age of 18. Although he lost in the round of 32 at the London Olympics 2012, he did not lose hope. He proved…

A grand Shiva Temple of Shri Nilakantheswara was inaugurated inside the premises of Metro Satellite City Phase I near Puri Canal Road in Hanspal on the auspicious day of Rath Yatra. A four-day puja, havan and rituals were conducted by a…

By Srikant Mohanty: The sacred Sri Aurobindo ashram at Pondicherry is one of the historical places in India. Its imposing presence alongside the sea commands respect because it has immensely contributed to the heritage of the nation.…

England sealed a dramatic victory in the first Test match against Australia at the Trent Bridge, Nottingham to take a 1-0 lead in the Ashes Series 2013. Interestingly, the DRS became a clear winner, as it delivered the final verdict in this…

Taking the excuse of fall of Rupee against the US Dollar, the oil companies have yet again increased the petrol prices by Rs 1.55 per litre - the fourth increase in six weeks. If we include VAT, the petrol will be costlier by around Rs 2…