Thursday, September 30, 2010

Top Headlines - The Times of India

Top Headlines - The Times of India


SBI hikes deposit rates by 25-75 bps, base rate unchanged

Posted: 30 Sep 2010 12:07 AM PDT

The country's largest lender State Bank of India (SBI) today said it will raise deposit rates by 25 to 75 basis points from tomorrow, but the bank has kept minimum rate of interest on loans unchanged at 7.50 per cent.

Sri Lanka President approves 30-month jail for Fonseka

Posted: 29 Sep 2010 11:51 PM PDT

Sri Lankan President Mahinda Rajapaksa has approved the 30-month jail term given to former army chief Sarath Fonseka by a military court on charges of corruption, top officials said today.

US citizen held in Spain for funding al-Qaida

Posted: 29 Sep 2010 10:27 PM PDT

A US citizen was arrested in this Spanish city for sending money to al-Qaida's North African branch, police said. He is alleged to have sent money via a bank transaction to a fugitive Algerian militant named by police as Toufik Mizi.

Two Koreas end military talks without progress: Yonhap

Posted: 29 Sep 2010 10:01 PM PDT

The first inter-Korean military talks for two years ended without progress Thursday after Seoul demanded Pyongyang apologise for the deadly sinking of a warship, Yonhap news agency reported.

Obama fears US losing competitiveness, future jobs to India

Posted: 29 Sep 2010 05:31 PM PDT

The US has expressed concerns about the decline in college graduations for American youth, saying the nation is "losing" its competitive position and "future jobs" to countries like India, which is spending heavily in education sector.

US House passes bill targeting China currency

Posted: 29 Sep 2010 04:37 PM PDT

US lawmakers overwhelmingly approved a bill Wednesday to punish China for what they branded its unfairly undervalued currency, blaming the weak yuan for killing US jobs weeks before key elections.

Boeing wins 12 billion dollar Pentagon contract

Posted: 29 Sep 2010 03:49 PM PDT

The Pentagon on Wednesday awarded Boeing a 12-billion-dollar contract to help modernize B-52 weapons systems over eight years.

Canada to appeal ruling striking down prostitution law

Posted: 29 Sep 2010 01:36 PM PDT

Canada will appeal an Ontario court ruling that effectively decriminalized prostitution, Justice Minister Rob Nicholson said Wednesday.

US, China to resume military contacts: Pentagon

Posted: 29 Sep 2010 10:44 AM PDT

The United States and China are to resume military contacts cut off since early 2010 with initial meetings planned for next month in Hawaii, a Pentagon official said on Wednesday.

CIA chief in Pakistan, to hold talks with top leadership

Posted: 29 Sep 2010 10:02 AM PDT

Amid a dramatic increase in drone attacks on militants in the Waziristan tribal region, CIA chief Leon Panetta arrived here on Wednesday for talks with Pakistan's civil and military leadership.

17 Indians death row case in UAE: Witness fails to identify suspects

Posted: 29 Sep 2010 09:29 AM PDT

In a major relief to 17 Indians facing death row in the UAE for killing a Pakistani national in Sharjah, the sole witness on Wednesday failed to identify any of those convicted by a lower court here.

Somali pirates hijack ship with 15 Indian crew: EU

Posted: 29 Sep 2010 08:20 AM PDT

Somali pirates hijacked a cargo ship with 15 Indian crew on board off East Africa, the European Union naval force said on Wednesday.

Indra Nooyi, Chanda Kochhar among most powerful biz women: Fortune

Posted: 29 Sep 2010 07:42 AM PDT

Nooyi, chairman and CEO of beverages major Pepsico, has topped the list of 50 Most Powerful Women in US for the fifth time.

Chinese firm bags deal to link Pak, Afghanistan and Uzbekistan by rail

Posted: 29 Sep 2010 07:26 AM PDT

China is brokering a massive political and business deal that will result in rail links between Afghanistan, Pakistan and Uzbekistan in Central Asia.

EU to launch proceedings against France in Roma row

Posted: 29 Sep 2010 06:56 AM PDT

The European Union decided on Wednesday to launch legal action against France over its expulsions of Gypsies, or Roma, to poorer EU nations.
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