The militants equipped with rocket launchers and grenades, took the children hostage after storming a school following a gun battle with police at Domail village in Karak district of the NWFP.
Ukraine fears weighed on sentiment, with Russia rejecting a peace proposal amidst civil war-like situation in the former Soviet union republic.
India and France on Monday inked an Inter-Governmental Agreement on the sale of 36 French fighter jets, Rafale, but were unable to sign the final deal due to some "financial" aspects, which are expected to be sorted out in "couple of days".
Krishnan Sasikiran faces a tie-break in the Chess World Cup after his draw in the second game of his match against Russian Vadim Zvjaginsev.
Indian Grandmasters Pentala Harikrishna and Krishnan Sasikiran drew their first games as the Chess World Cup got off to an exciting start in Khanty-Mansiysk, Russia.
The Sebi board, which met in Chennai, approved introduction of these new derivative products based on the interim recommendations made by a committee on derivatives headed by M Rammohan Rao. The new products will relate to mini-contracts on equity indices, options with longer life/tenures, volatility index and F&O (futures & options) contracts, options on futures, bond indices and F&O contracts.
Asserting that the United States is trying to make its relationship work with Pakistan, the Obama Administration's point man for Afghanistan and Pakistan has said that it is important both the countries recognise that terrorism, including Haqqani Network, is a threat to both of them.
After chikan and silk industry, the Chinese dragon seems to have set its eyes on the leather industry in Uttar Pradesh. The leather sector is facing increasing threat from their Chinese counterparts who are gaining on the international clients due to their low cost as compared to the ones supplied by India.
Following the 11.4 per cent decline in the dollar value of the rupee over barely a quarter, the sharp slump of last week has further complicated an already tricky situation for the Reserve Bank of India (RBI).
The Indian currency has depreciated 6.86 per cent since April.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
"Whatever may be the political undercurrents, the economy, and the markets, are bound to go forward at its own pace. It will get bigger and better. Our challenge is to keep it safe (for the benefit of investors)," the Sebi chief said.
Sahara and Peerless are classified as residuary non-banking finance companies (RNBCs), which are now required to invest 100 per cent of their deposits in approved securities, including government bonds, fixed deposits with banks and mutual funds.The RBI has also asked the two RNBCs to submit alternative business plans.
The four-day tour, beginning September 21, includes World Bank-International Monetary Fund meetings, as well as interactions with investors.
Intervention in forex mart keeps rupee at 39.88/90. After a gap of one month, the Reserve Bank of India pumped in around Rs 1,200 crore (Rs 12 billion) on Friday into the market, which helped call rates end lower at 7 per cent.
He has been invited to China by the Shanghai-based Indian Association.
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
The ULFA had demanded the release of two of its leaders Mrinal Hazarika and Pallab Saikia in exchange of release of the FCI Northeast boss.
At the time of filling the KYC (Know Your Customer) documents (when joining), do not sign wherever you are asked to. In particular, look closely at the power of attorney (PoA) section, experts tell Sanjay Kumar Singh
It's been just nine months since the Securities and Exchange Board of India (Sebi) gave its nod to mobile trading. But the trend has caught up with trades through uniform resource locator (URL)- and wireless application protocol-based systems.
Leave your phone at home and try to focus on what your partner's day was like.
Don't panic and sell when the markets fall or get into the market only when it is on a run. By doing that you defeat yourself.
The biggest private sector lender, are swarming the market with discounts and special offers
As much as Rs 3,204 crore (Rs 32.04 billion) of bank deposits by mutual funds will move out of the banking system from mid-July following a new rule
Olympus Capital, UTI's PE arm to fund Rs 400 crore.
Viswanathan Anand remained in joint lead in the Morelia-Linares chess tournament after drawing with top seed Veselin Topalov of Bulgaria.
Officials of the two countries deliberated on terror threat assessments, particularly in the backdrop of reports that Taliban is regrouping and preparing to launch a major action soon.
The battle of bidding for the Bombay Stock Exchange stake is heating up, as Deutsche Borse has also got its supervisory board's approval to place a higher bid for the stake.
Nearly half of the 20 indexes polled globally are now expected to end the year lower than where they started
Today, the single most popular route of laundering is the stock market platform, notes Debashis Basu.
Volatility in domestic share market acting as catalyst.
A new research has found that dancing improves ability to function and quality of life among chronic heart failure patients and may be a good alternative to other aerobic exercises.
Global financial majors, who until recently viewed India as a safe investment decision, are having second thoughts.
World Champion Viswanathan Anand outwitted Nigel Short of England to jump into joint lead with Luke McShane of England, after the end of the fourth round of the London Chess Classic, underway at the Olympia.
A stake level of 26 per cent in a company is crucial as with this strength, a stakeholder can block any special resolution at board meetings.
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