India

New Delhi, May 11: Oil marketing companies outperformed the broader markets on Saturday after state-run oil companies hiked diesel prices by 90 paise per litre on Friday. BPCL shares were up 1 per cent at Rs. 421.50, while Indian Oil shares gained 0.85 per cent to Rs. 309.40 as of 12.03 p.m. Upstream firms such as ONGC, which contribute to the subsidy burden, also gained. ONGC shares traded 0.35

New Delhi, May 11: Telecom minister Kapil Sibal will get additional charge of law ministry and road and transport minister C P Joshi the railway portfolio in the wake of resignations of incumbents Ashwani Kumar and Pawan Bansal respectively. Sibal and Joshi will be in charge of these portfolios in addition to their existing ministries of telecom and IT and road and transport respectively. Prime

New Delhi, May 11: Law Minister Ashwani Kumar and Railway Minister Pawan Kumar Bansal have been asked to put in their papers, a decision that came on Friday evening, after Congress President Sonia Gandhi conveyed to Prime Minister Manmohan Singh that their continuation would further muddy the image of the party and the government. As indicated by ET in a report on May 10, the Congress leadership

New Delhi, May 10: A chargesheet has been filed against former Haryana minister Gopal Kanda and his aide Aruna Chadha in the Geetika Sharma suicide case. The court says prima facie charges of rape, unnatural sex, abetment of suicide, conspiracy, forgery under the IPC and IT act have been made out against Kanda. Kanda and Chadha have been chargesheeted under section 306 (abetment to suicide), 120 B

New Delhi, May 10: India has set the ball rolling for another mega defence deal by floating the global tender for over Rs 13,000-crore acquisition of 56 transport aircraft to replace the ageing Avro fleet of the Indian Air Force. The tender, or request for proposal (RFP), was issued to eight aviation majors, including Embraer, Lockheed Martin and Airbus, on Wednesday. In the first such move to get

Bangalore, May 9: The BJP's rout in Karnataka Wednesday has taken some sheen off the party's poster boy Narendra Modi, who had been billed as a star vote-getter. The Gujarat chief minister addressed only three public meetings, one each in Bangalore, Mangalore on the west coast and Belgaum in the north. These public meetings came after days of speculation whether Modi, who led BJP to three

Chandigarh, May 9: Pakistani prisoner Sanaullah Ranjay, who was attacked in a Jammu jail last week, has died in a Chandigarh hospital early Thursday morning. Sanaullah suffered renal failure on Wednesday and doctors said that his condition was “extremely critical”. “The patient has become extremely critical. He has developed renal failure with no urine output since morning. Hence he was put on

New Delhi, May 8: Both houses of parliament were adjourned sine die Wednesday, two days ahead of schedule. The budget session, which started Feb 21, was in recess March 22-April 22, and was scheduled to end May 10. However, the second half of the session was marred by protests, failing to transact much business. The two houses were first adjourned till noon, within minutes of assembling at 11 a.m

New Delhi, May 7: Both houses of parliament were stalled Tuesday as the BJP pressed for Prime Minister Manmohan Singh's resignation over irregularities in the allocation of coal blocks and also demanded that ministers P.K. Bansal and Ashwani Kumar step down. Both houses were adjourned till 12 noon, minutes after the question hour began in the morning at 11 a.m. when the houses met. When the Lok

New Delhi, May 7: The Rajya Sabha was Tuesday adjourned till noon as the BJP continued with its demand for Prime Minister Manmohan Singh's resignation over irregularities in the allocation of coal blocks and other issues. The upper house of parliament was adjourned minutes after the day's proceedings began at 11 a.m. amid slogans by Bharatiya Janata Party (BJP) members. When his entreaties for