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Rupee hits record low of 50.69 against US dollar

   27 February 2009 at 11:46

The Indian rupee on Friday depriciated to an all-time low of 50.69 against the US currency in early trade on continued capital outflow by foreign funds and increased dollar demand from importers.At the Interbank Foreign Exchange (Forex) market, the d ..

Posted in Others |   149 Views


Law to protect tourists from touts sought

   27 February 2009 at 10:40

NEW DELHI: Taking note of several cases of tourists being fleeced and harassed by touts, a parliamentary committee has strongly recommended enactment of a specific law to ensure their safety.Expressing surprise at the absence of any specific law to d ..

Posted in Others |   166 Views


Lawyers to observe 'black day' on Feb 27

   27 February 2009 at 00:28

New Delhi: Lawyers across the country will observe 'black day' on February 27 to protest against the police lathicharge in the Chennai High Court premises last week.The decision was taken by the Bar Council of India which condemned the February 19 in ..

Posted in Others |   203 Views


Judge Faulted

   27 February 2009 at 00:17

The Commission on Judicial Conduct has recommended that a Monroe County, N.Y., Family Court judge be censured for repeatedly requiring her secretary to perform personal chores, including baby-sitting her children and typing documents and corresponden ..

Posted in Others |   297 Views


Govt speeds up tax refunds for exporters

   26 February 2009 at 20:43

Concerned over the plight of exporters due to a shrinking market, the government on Thursday offered succour to the industry to pull through this phase by speeding up refunds and easing curbs on raw material imports.It also threw in a Rs 325 crore pa ..

Posted in Others |   161 Views


PTI: Satyam Employees to lose 2 Months' Salary

   26 February 2009 at 14:12

Satyam Computers have decided hold back the two months' salaries of its employees. There have been rumours that Satyam will sack over 10,000 workers in the coming weeks.Even though Satyam denied holding back the salaries of its employees, the PTI quo ..

Posted in Others |   165 Views


Inflation at 15-month low of 3.36 per cent

   26 February 2009 at 14:08

Inflation declined to about a 15-month low of 3.36 per cent mainly due to fall in the prices food articles like fruit and vegetables, pulses, and some manufactured items, raising hopes of cuts in the key policy rates by the RBI.Wholesale price based ..

Posted in Others |   168 Views


SC appoints panel to inquire into Madras HC clashes

   26 February 2009 at 14:06

The Supreme Court on Thursdayappointed a committee headed by retired judge B. Srikrishna to inquire into the clashes between lawyers and police in the Madras High Court on February 19.A bench headed by Chief Justice K.G. Balakrishnan asked the commit ..

Posted in Others |   207 Views


Court redefines `official secret', relief to scribe

   26 February 2009 at 13:00

NEW DELHI: In a major boost to freedom of press, a Delhi court has ruled that the publication of a document merely labelled ``secret'' shall notrender the journalist liable under the colonial relic, Official Secrets Act 1923 (OSA).Additional sessions ..

Posted in Others |   188 Views


Madras High Court reopens, lawyers stay away

   26 February 2009 at 11:15

CHENNAI: The Madras High Court resumed its functioning on Wednesday, five days after it was ordered to be closed by acting Chief Justice S JMukhopathaya following a clash between lawyers and police in the court premises.But, lawyers including governm ..

Posted in Others |   214 Views