The heat and humidity in the city abated on Friday with the maximum temperature being recorded at 39 degrees Celsius.
The minimum temperature which had broken records of the last 41 years at 34.7 degrees Celsius on Thursday, also came down to 28.4 degrees. While the maximum t

Bank deposits rates in India are expected to rise, bringing some relief to citizens who have been reeling under inflation and low returns on their savings, said the research arm of global rating agency Moody’s.

South Africa on Friday ruled out any dilution of its stand on dual-listing, which was one of the reasons for the failure of the Bharti-MTN deal last year.
“No”, said South African trade and industry minister, Mr Rob Davies when asked whether his country is prepared to revisit the stand on dual-listing.

The government on Friday made it mandatory for the companies listed on the stock exchanges to have at least 25 per cent shareholding with the public. This means 179 listed companies will have to issue more shares to the public. This includes the public and private sector giants such as ONGC, NMDC, Reliance Power, DLF and Wipro.

Tickets for the 19th Commonwealth Games in Delhi from October 3 to 14 went on sale here on Friday — at prices ranging from Rs. 50 to Rs. 50,000.
While rates for the sporting event are between Rs. 50 to Rs. 1,000, the cheapest ticket for the opening ceremony has been pegged at Rs. 1,000 — going up to an eye-p

The International Olympic Committee has invited sports minister M.S. Gill for a meeting in Switzerland on June 18 to discuss the contentious tenure limitation guidelines while insisting that the regulations should not be implemented till then.

India on Thursday unveiled its first indigenous vaccine against H1N1 influenza, which claimed over 18,000 lives globally and more than 1,000 in the country.
The country was earlier importing the vaccine from French company Sanofi Pasteurs for health workers and other high-risk people. The vaccine, produced by Zydus C

The government may find it easier to decontrol the prices of petrol and diesel from next week, with softening global rates requiring an increase of merely Rs 3.50 a litre.
An EGoM headed by finance minister Pranab Mukherjee is due to meet on Monday to consider the Kirit Parikh Committee’s recommendations, which include freeing of petrol and diesel prices from government control, besides steep hikes in LPG and kerosene rates to cut fuel subsidies.

A speeding Mercedes-Benz belonging to a politician rammed into a taxi near Africa Avenue early Thursday morning, killing a woman passenger and injuring the driver.
The two Mercedes occupants, including a former political leader’s son, fled, leaving the two injured in the taxi bleeding to death. The police said the incident took place around 3.30 am on Church Road in the R.K. Puram area.

Minister of state for civil aviation Praful Patel said Thursday that the government was considering setting up an independent safety board on the lines of America’s National Trans-portation Safety Board (NTSB) to probe all accidents, and also planning legislation to vest further powers with the DGCA, the civil aviation regulator.