- Oil prices fall past $126 a barrel Oil prices extended their slide on Wednesday after the US government reported gasoline stocks rose more and crude supplies fell less than expected last week.
- Next steps of N-deal after 1st Aug IAEA meeting: Mukherjee The Government pinned hopes on the 1st August meeting of the IAEA Board of Governors, saying the next steps would be taken after the Boards's approval of the India-specific safeguards agreement.
- India confident of safeguards agreement approval at IAEA India has expressed confidence that the India-specific safeguards agreement will be cleared by the International Atomic Energy Agency (IAEA) Board of Governors at its meeting in Vienna on 1st August.
- Opposition to launch nation-wide campaign against UPA govt Undeterred by their defeat in Parliament, leaders of ten parties, including the Left and BSP, announced launching of a nation-wide campaign against Indo-US nuclear deal, price rise and agrarian crisis and decided to provide an anti-Congress, anti-BJP alternative.
- BJP, BJD,TDP expel errant MPs, other parties may follow suit Cracking the whip, the BJP summarily expelled eight of its MPs who cross-voted or abstained during the trust vote as shocked opposition parties got down to fix errant MPs whose actions helped the UPA govt survive.
- CPI (M) expels Somnath Chatterjee Lok Sabha Speaker Somnath Chatterjee was expelled by CPI (M) climaxing a fortnight-long defiance of the veteran parliamentarian to quit at the call of the party with which he was associated for four decades.
- Patil felicitates Nepal's first President President Pratibha Patil on Wednesday felicitated Nepal's first President Ram Baran Yadav on being elected to the high post and conveyed India's readiness to work with the Himalayan country in strengthening the cooperation further.
- Sharma, Rice set to discuss N-deal on Thursday India and the United States are expected to discuss the next steps in their bilateral nuclear deal in Singapore on Thursday, two days after Parliament reposed faith in the UPA government on the controversial pact.
- Aus may back India at NSG; ASEAN terms N-deal "positive" Australia has hinted at supporting India's case at the NSG when New Delhi comes up before the 45-member group for its approval to facilitate the country's nuclear commerce in connection with the Indo-US nuclear deal.
- Differences remain in ASEAN-India trade deal, says official Differences remain over an ASEAN-India free trade deal but there is hope it can be concluded this year an official said after meetings between the two sides on Wednesday.
- India does its bit, now Congress' turn to approve deal: Daily As the UPA govt won the crucial trust vote, a leading daily in Washington has said the American Congress must find time to say "yes" to the nuclear deal as the US stands to lose economically if India turns to other countries for nuclear fuel and technology.
- India to develop high-yielding variety of pulses in South Asia India has joined hands with other SAARC nations to start a project to develop high-yielding variety of pulses in south Asia.
- US hopes to wrap up N-deal before time runs out The United States is hopeful that the governments of the two countries would be able to wrap up the Indo-US civil nuclear deal before the time runs out for poll-bound American Congress to ratify the pact and said it was trying to mobilise support in IAEA and NSG.
- India to launch lobbying campaign among NSG nations India is all set to launch a full blast lobbying among the 45-nation Nuclear Suppliers Group (NSG) for an exemption for nuclear commerce from later this week in the wake of Manmohan Singh government comfortably winning the trust vote in Parliament.
- Markers cheer Govt's survival, Sensex zooms by over 830 The markets cheered UPA govt's winning the confidence vote in a big way with the benchmark Sensex zooming by over 830 points to close the day a tad below the key 15,000 level on renewed buying support in banking, consumer goods and realty stocks.
- Trai issues consultation paper on tariff rates Telecom regulator Trai has issued a consultation paper on a plethora of tariff offers in access service as it is of the view that the existing system needs to be reviewed to further enhance transparency in rate offers.
- RBI sets up working group to revive cooperative bank sector The Reserve Bank has set up an expert group to suggest ways for strengthening the financially weak and unviable urban cooperative banks (UCBs).
- Focus now on seeing through economic reforms: Chidambaram With the UPA government surviving a trust vote without the support of reforms-wary Left parties, Finance Minister P Chidambaram said focus would now be on greater economic liberalisation, including relaxing FDI limit in sectors like insurance.
- Pawar asks Chidambaram to review scrapping cotton import duty Agriculture Minister Sharad Pawar has asked Finance Minister P Chidambaram to review the decision to abolish import duty on cotton, saying his Ministry was not consulted before the measure.
- Industry ask PM to hasten reforms process With the government winning a confidence vote in Parliament, industry body Assocham on Wednesday asked for Prime Minister Manmohan Singh's intervention in speeding up reforms in key sectors of the economy.
- Remove billboards erected within 40 mtr of NH: Bombay HC The Goa bench of Bombay High Court has directed the Goa government of all the billboards erected within 40 metres of national highway to be removed immediately.
- DoT to ask handset makers to follow global radiation norms Mobile handset importers and local manufacturers will now be asked to adopt international standards with regard to electro magnetic field radiation exposure.
- Commerce, FinMin to meet on export duty on steel for SEZs The officials of Commerce and Finance Ministries are expected to meet shortly to resolve the issue of 5-15 percent export duty on various iron and steel products entering into SEZs, imposed by the Central Board of Excise and Customs (CBEC) two months ago.
- UK to seek NRIs' help to open trade opportunities in India Britain's trade officials have announced plans to recruit British businessmen of Indian origin in Birmingham, Leicester and other areas to open and pursue trade opportunities in India.
- Rupee rises 43 paise to 7-week high of 42.30 a dlr The Indian rupee bounced back with a vengeance and on Wednesday hit a seven-week high of 42.30 per dollar in the morning trade as the political uncertainty ended after the UPA government won the trust vote on Tuesday.
- Industry hails UPA victory; says focus now should be on reforms Corporate India and investors hailed the UPA government's victory in the trust vote tonight saying the political instability and the focus should now be on economic reforms.
- Nath asks US to offer "real" cuts in subsidy Commerce and Industry Minister Kamal Nath, who rejoined the WTO talks in Geneva on Wednesday has said the US must offer "real" cuts in subsidy to its farmers and its proposal to reduce the doles was not in line with the current food prices.
- Obama says Israel's security a "top priority" With an eye to Jewish voters back home, US presidential hopeful Barack Obama affirmed his commitment to Israel's security during a regional tour on Wednesday also assuring Palestinians he would not "waste a minute" in pursuing Mideast peace if he makes it to the White House.
- LTTE declares ceasefire for SAARC Summit LTTE political head B Nadesan has declared unilateral ceasefire with the Sri Lankan military from 26th July to 4th August saying the Tigers will not undertake any attack during the 10-day 15th SAARC summit that begins on 27th July in Colombo.
- Ban asks Cambodia,Thailand to resolve Temple issue Expressing concern over heightening tension between Cambodia and Thailand over an ancient temple on their border, United Nations chief Ban Ki-moon has appealed both sides to peacefully resolve the issue.
- British PM warns Iran in landmark Israel speech British Prime Minister Gordon Brown warned Iran on Tuesday that it must freeze sensitive nuclear work or face more sanctions, in the first address by a British premier to the Israeli parliament.
- 36 trapped in coal mine flood in China Thirty-six workers still remained trapped in a flooded coal mine in south China with efforts underway to rescue them.
- Cyclone-hit Myanmar needs USD 1 bn for reconstruction: UN Myanmar will need at least USD one billion over three years for recovery programmes after the deadly Cyclone Nargis devastated the country three months ago, the United Nations has said.
- US ready for rare talks with Syria The United States said it was ready to hold rare talks with two visiting key Syrian officials this week, in another signal of Washington's recent policy shift to engage directly with its enemies.
- Rice says Iran not serious at nuclear talks, warns sanctions US Secretary of State Condoleezza Rice accused Iran on Monday of not being serious at weekend talks about its disputed nuclear programme despite the presence of a senior US diplomat, and warned it may soon face new sanctions.
- US B-52 bomber with 6 crew members crashes off Guam island An Air Force B-52 bomber carrying six crew members and en route to conduct a flyover in a parade crashed off the island of Guam on Monday.
- Nepal's first President sworn-in; Prachanda skips ceremony Amid political limbo over government formation, Indian-origin Madhesi leader Ram Baran Yadav was on Wednesday sworn-in as the first President of the nascent republic of Nepal, three days after his victory in the historic poll for the coveted post.
- India capture two wickets on rain-marred day India captured two early wickets before opener Malinda Warnapura lit up a gloomy day by cracking a sparkling unbeaten half century to take Sri Lanka to 85 for two on a rain-truncated opening day of the first cricket Test in Colombo on Wednesday.
- Referral only an extension of appealing: ICC Dispelling fears about the umpire referral system, the ICC has said the new technology is just an extension of appealing and the on-field match official would continue to have the final say.
- Beijing Games will be cleanest ever - WADA chief Drug cheat athletes are far more likely to be caught at next month's Beijing Olympics Games than at any previous Olympiad, world doping agency Chief John Fahey has said.
- BCCI have no problem in Pak hosting Champions Trophy A day before ICC Executive Board's teleconference to decide if strife-torn Pakistan should hold the Champions Trophy, BCCI has made it clear that they had no problem in playing the event here.
- CWG work to be complete by December next year: Kalmadi Allaying concerns on the slow pace of infrastructure development for the 2010 Commonwealth Games in New Delhi, IOA President S.Kalmadi said all the construction work for the mega event would be completed by December next year.
- Olympics: Remaining Games tickets to go on sale The final tickets for next month's Beijing Olympics will go on sale at event venues this week, Games organisers said on Wednesday.
- Sangrash Samiti calls for Jammu bandh today Shri Amarnath Sangharsh Samiti (SASS), spearheading the agitation against revocation of order transferring land to the shrine board in Jammu province, has given a call for Jammu bandh on Thursday over the alleged suicide by one of its activists on the issue.
- SP to meet PM to decide strategy post-confidence vote A triumphant Samajwadi Party said that it would formally meet the Prime Minister Manmohan Singh to discuss the future strategy of running the Government post-confidence vote.
- Cong wants Somnath to continue as Speaker The Congress has hinted that it would like Somnath Chatterjee to continue as the Speaker of Lok Sabha even after his expulsion from the CPI-M.
- Assam flood situation deteriorates Flood situation in Assam deteriorated following a breach in an embankment in Lakhimpur district while the water level of the Brahmaputra has crossed the danger level in several places in the state in second wave of floods which has affected around 25 lakh people.
- SC for `politically' viable solution to Sethu project The Supreme Court on Wednesday favoured exploring the possibility of scientifically and "politically" viable solution to the controversial Sethusamudram project but the Centre questioned the religious grounds being raked up to block the venture.
- Karuna meets PM, takes up Lankan navy firing on TN fishermen Tamil Nadu Chief Minister M Karunanidhi on Wednesday met Prime Minister Manmohan Singh and took up the issue of Sri Lanka navy's attacks on fishermen of the state.
- Smart card-based driving licenses to be issued in capital The Delhi Cabinet on Wednesday gave its nod to the issuance of smart card based driving licences in the national capital with an aim to ensure quick and transparent services as per directions from the Union Transport ministry.
- New procurement policy won't be country specific, Antony A new defence procurement policy will be in place within next ten days which will give a level-playing field to all countries, said Union Defence Minister A K Antony.
- BJP ready to support women's reservation Bill BJP leader Sushma Swaraj said her party would support the women's reservation Bill in its present form and asked the UPA government to have it passed in the upcoming monsoon session of Parliament beginning 11th August.
- 16 killed in road accident in J&K At least sixteen people have been killed and twenty eight others injured when the bus in which they were travelling rolled down into a deep gorge in Jammu and Kashmir's Ramban district on Wednesday morning.
- BJP demands immediate enquiry into 'cash-for-vote' scam The BJP demanded an immediate enquiry into the 'cash-for-vote' scam even as it questioned the ethics followed by a TV channel in conducting a sting operation into the matter.
- HC suggests Centre to use visual warnings on cigarette packs The Delhi High Court on Wednesday suggested to the Centre to use visuals on packets of tobacco products, including cigarettes, depicting health hazards as a warning for consumers.
- SC laments lack of uniformity in punishment for murderers The Supreme Court has expressed concern over the lack of uniformity in awarding punishment to murder convicts saying this often leads to marked imbalance in the end results.
- Paswan noncommital on Bihar truck with RJD Lok Janshakti Party chief Ram Vilas Paswan remained noncommital on a possible alliance with the RJD in Bihar during the next Lok Sabha election, saying their show of unity during the trust vote did not automatically guarantee such a tie.
- Action against Somnath now of no value: Mamata Describing the expulsion of Lok Sabha Speaker Somnath Chatterjee from CPI-M as "meaningless", Trinamool Congress has said the party should have taken action against him much before.
- More anti-people steps by Congress in coming days: CPI-M The CPI-M has expressed fear that after winning the trust vote in the Lok Sabha the Congress-led UPA government would now take anti-people steps one after another to please the US.
- Thackeray lambasts Left for propping up Mayawati for PM post Describing the UPA victory in the trust vote as an outcome of "money power of industrialists," the Shiv Sena Chief Bal Thackeray has lambasted the Left for propping up BSP leader Mayawati for the Prime Minister post.
- Rail, road traffic disrupted during bandh in Punjab Rail and road traffic were adversely affected in several part of state on Wednesday following a day-long bandh sponsored by a Sikh body seeking arrest of Dera Sacha Sauda chief Gurmeet Ram Rahim Singh.
- Security beefed up at Amarnath base camp Amid apprehension of terror attacks on the on-going Amarnath Yatra, authorities in Jammu have beefed up security at the base camp of the pilgrimage and along the Jammu-Srinagar national highway.
- BSF jawan killed, farmer injured in Indo-Bangla border A BSF jawan was on Wednesday killed and a farmer injured when Bangladesh Rifles opened fire on them at Mirsultanpur village on the border in West Bengal's Malda district.
- Interest subsidy on educational loan The government will provide interest subsidy on educational loans and also start a scholarship scheme to help poor and meritorious students get professional education.
- 46 more seats in engineering colleges for HP students: CM The Centre has sanctioned 46 additional seats in various engineering colleges of the country for bonafide Himachali students, Chief Minister Prem Kumar Dhumal said.
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