Tuesday, Apr 25 2017 | Time 19:57 Hrs(IST)
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  • Pakistan-based hackers hack IIT Delhi, AMU & DU official website
  • Thousands of BSNL broadband connections affect due to server down in city
  • China ready to mediate between Myanmar, Bangladesh over Rohingya row
  • Jipmer to establish Institute of Microbial Sciences
  • MFIN launches India’s first financial literacy app for microfinance clients
  • Register for Pharmacists
  • Jindal wins prestigious Golden Peacock Award 2017
  • Emaar India gets occupancy for IT Park Project ‘Digital Greens’
  • Jaquar Group takes over Euro sanitaryware manufacturing plant for Rs 100 cr
  • Volkswagen India launches Polo GT Sport in new avatar
  • Manjinder Singh Sirsa takes oath as MLA of Delhi Assembly
  • Ambedkar Development corporation Field officer trapped by ACB
  • Centre denies any move to impose Hindi on Non-Hindi speaking states
  • ....
  • Telangana sweats, heat wave claims one more life, 300 admitted to hospital
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Bank of England's Saunders edges towards rate rise

LONDON, Apr 21 (Reuters) Bank of England policymaker Michael Saunders said on Friday that he expected growth and inflation this year to be higher than the central bank forecast two months ago, and saw scope for rates to rise modestly while still boosting the economy.
Saunders, in a speech to small businesses in London, said he did not want to commit to how he would vote at next month's Monetary Policy Committee meeting, as there was still plenty of data to come.
But he said that despite uncertainty about the exact terms on which Britain would leave the European Union in 2019, policymakers were not obliged to keep rates on hold until everything was clear.
"I judge that the current policy stance is clearly accommodative," he told members of the Federation of Small Businesses.
"While not prejudging what I or the MPC might decide on monetary policy – a modest rise in rates would still imply that considerable stimulus remains in place, helping to support output and jobs," he added.
The minutes of the BoE's last meeting in March showed that in addition to one policymaker - Kristin Forbes - backing an immediate rate rise, other unnamed MPC members were also considering doing so.
Saunders said he "would not be surprised" if consumer price inflation reached 3 percent later this year or in early 2018, and said economic growth could maintain a year-on-year rate of 2 percent through this year and next.
The BoE's February forecasts showed growth slowing to 1.6 percent in 2018 from 2.0 percent this year, and for inflation to peak at less than 3 percent.
"I want to stress that this prospective near-term inflation pickup does not imply that Brexit Britain will face persistently high inflation. Nor does it signal that the MPC has gone soft on our low inflation remit," Saunders said.
"Over time, the appropriate monetary policy can and will ensure that inflation returns to the 2 percent target," he added.
REUTERS AKC 1739
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Sukma Naxal attack: Centre to review strategy; pall of gloom in C'garh

Sukma Naxal attack: Centre to review strategy; pall of gloom in C'garh

Raipur/New Delhi, Apr 25 (UNI) Anti-Left Wing Extremism strategy would be reviewed and an appropriate response would be given in due course, the Centre said today, a day after 25 CRPF jawans were martyred and their weapons looted in a ghastly attack by Naxals at Burkpal village in Sukma district of Chhattisgarh.

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25 Apr 2017 | 7:49 PM
Malegaon bomb blast: Sadhvi Pragya Singh granted bail

Malegaon bomb blast: Sadhvi Pragya Singh granted bail

Mumbai, Apr 25 (UNI) The Bombay High Court today granted bail to Sadhvi Pragya Singh Thakur in the 2008 Malegaon blast case on a cash surety of Rs 5-lakh with two sureties of the same amount for the bail.

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25 Apr 2017 | 3:30 PM
PM rally: Tourists not allowed at Ridge,  SPG keeping strict vigil

PM rally: Tourists not allowed at Ridge, SPG keeping strict vigil

Shimla, Apr 25 (UNI) This tourist resort which registers footfall in lakhs every day during summer season, drew a blank on the historic Ridge ground here owing to preparations being made for Prime Minister Narendra Modi's rally here.

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25 Apr 2017 | 7:15 PM
Turkish warplanes strike Kurdish militants in Syria, Iraq's Sinjar

Turkish warplanes strike Kurdish militants in Syria, Iraq's Sinjar

ISTANBUL/BEIRUT, Apr 25 (Reuters) Turkish warplanes bombed Kurdish militants in Iraq's Sinjar region and in northeastern Syria today, killing at least 18 fighters and officials in a widening campaign against groups affiliated with the outlawed Kurdistan Workers Party (PKK).

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25 Apr 2017 | 4:41 PM
On visit to erstwhile Maoists den Naxalbari, Amit Shah says Bengal yearns for change

On visit to erstwhile Maoists den Naxalbari, Amit Shah says Bengal yearns for change

New Delhi, Apr 25 (UNI) The BJP president Amit Shah, who today visited erstwhile Maoist den Naxalbari in West Bengal as part of party's extensive expansion plans, today said the saffron outfit is committed to bring back the glories of the days and principles of State's icons.

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25 Apr 2017 | 6:16 PM
Non-agri income of farmers must be taxed: NITI Aayog

Non-agri income of farmers must be taxed: NITI Aayog

New Delhi, April 25 (UNI) NITI Aayog today advocated for taxing the farmers' non-agriculture income so that the tax net could get widened.

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25 Apr 2017 | 4:59 PM
Counting of votes for MCD polls to be held at 35 counting centres amid tight security

Counting of votes for MCD polls to be held at 35 counting centres amid tight security

New Delhi, Apr 25 (UNI) Counting of votes for the elections to the three Municipal corporations will start at 0800 hours tomorrow amid tight security arrangements.

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25 Apr 2017 | 7:17 PM
TCS launches  'Merchant Pay '

TCS launches 'Merchant Pay '

25 Apr 2017 | 3:00 PM

Mumbai, Apr 25(UNI) IT major, Tata Consultancy Services (TCS), today announced the launch of 'Merchant Pay ' a unified transaction solution that will help retail organisations seamlessly integrate payments across multiple payment channels such as Aadhar, Credit or Debit card or even phone-based payments through a single interface.

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