August 2008 Archives

Justice Secretary Jack Straw has said Labour is best placed to see Britain through the current economic downturn.

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He told BBC One's Andrew Marr Show that economic management under Labour would help the UK to "weather these storms". He said Chancellor Alistair Darling had not spoken out of turn saying economic conditions were the worst for 60 years.

Full Story: Straw says UK can 'weather storm'

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Normalcy has gradually returned to violence-hit Kandhamal district in Orissa with no major violence incident have been reported so far.

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Full Story: Orissa: Normalcy returns, scars remain

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The chancellor has insisted it is his duty to be straight with the public, after telling a newspaper the UK faces its worst economic crisis in 60 years.

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Alistair Darling told the Guardian the downturn would be more "profound and long-lasting" than most had feared. Shadow chancellor George Osborne said Mr Darling had "let the cat out of the bag" about the state of the economy.

Full Story: Darling defends economy warning

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where the two sides discussed the present situation in the state besides broad contours of the agreement with the Shri Amarnath Sangarsh Samiti, a group spearheading the agitation in Jammu.

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Emerging after one-hour meeting with the prime minister, which was also attended by External Affairs Minister Pranab Mukherjee, Abdullah told reporters that his party was only in favour of return of peace and normalcy in the state. "The yatra has been and will remain there always. National Conference is only for peace and not for politics on religious matters. People with no base and having vested interests can play politics in Kashmir and in Jammu," he said.

Full Story: Centre discusses J & K situation with NC leaders

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Hundreds of people have been left stranded and up to 60,000 have lost bookings after the collapse of the low-cost transatlantic airline Zoom.

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The carrier suspended all its flights - blaming the economic downturn and steep rises in fuel bills. Zoom said BA and Virgin Atlantic were offering "special" fares for passengers whose flights had been cancelled.

Full Story: Zoom passengers seek new flights

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Avinash, the son of Head Constable Ramvir posted at Parliament Street police station, allegedly opened fire from a double barrel gun during the arguments with his neighbours.

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The injured -- Nikhil Kumar, Vijay Pal, Ramesh and Sangeeta -- were rushed to Guru Tegh Bahadur Hospital. Both the families were not on good terms and constantly indulged in quarrelling, a senior police official said.

Full Story: Delhi: Cop's son opens fire at neighbours, 4 hurt

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Thousands of passengers due to fly with Zoom have been told to rebook with other carriers, and to contact credit or debit card issuers about refunds.

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UK-Canadian Zoom blamed its problems on the "horrendous" price of jet fuel - which had added $50m (£27.3m) to annual fuel bills - and the economic slowdown. Zoom, which has flown since 2001, employs 450 staff in Canada and 260 staff in the UK.

Full Story: Zoom Airlines suspend all flights

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Images ] serial blasts case released the duo after they realized that it was case of mistaken identity.

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Dr Ali Khan Pathan and Dr Saleem Honnalli were picked up by the Gujarat police on August 16. However they were released after the Karnataka police confirmed that the two doctors were not involved in the blasts. The Gujarat police thought that he was the same Saleem as was mentioned by Basher and hence they tracked him down and held him.

Full Story: Gujarat police release doctors held for terror charges

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More than one in 10 British workers fear the economic slowdown means they will lose their job in the next year, according to union body the TUC.

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A survey of almost 3,000 employees across Britain suggested those in Wales and Scotland felt most vulnerable. Replicated nationwide, the survey would mean about 3.3m people, or 13% of the workforce, feel their jobs are at risk.

Full Story: British workers 'fear job losses'

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Nine persons were killed and several others injured when a police van transporting prisoners was targeted in a roadside bomb attack in Pakistan's restive North West Frontier Province on Thursday.

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The van, which was taking prisoners from a jail to court, was attacked near a bridge in the Bannu area of NWFP, police officials told TV channels. Most of the dead were believed to be policemen who were escorting the prisoners. Additional Superintendent of Police Waqas Ahmed told reporters it was believed that the van was targeted with an improvised explosive device. Some TV channels, however, reported that a suicide bomber might have carried out the attack.

Full Story: Nine killed in bomb attack on police van in Pakistan

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Housebuilder Taylor Wimpey has reported a huge loss for the past six months after having to sharply reduce the value of its assets including land.

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The firm slumped to a loss of £1.54bn in the six months to 30 June, saying it faced "very challenging" conditions. It was hit by the lower value of its land in the UK, US and Spain, and the cost of downsizing its UK business.

Full Story: Taylor Wimpey hit by massive loss

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] , Pakistan government on Wednesday re-appointed eight of them, a move seen as being selective by the influential lawyers' movement even as there was no word on restoration of deposed Chief Justice Iftikhar M Chaudhry.

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The eight deposed judges of the Sindh High Court took oath in the Governors' house in Karachi, a day after Asif Ali Zardari, presidential nominee of the ruling PPP, adopted a conciliatory tone and apologised to estranged ally PML-N chief Nawaz Sharif while asking his party to rejoin the government. Sharif pulled out of the ruling coalition on Monday accusing Zardari of reneging on the promise to restore the judges sacked by Musharraf during emergency rule last year. Anwar Zahir Jamali was appointed the new Chief Justice of the Sindh High Court.

Full Story: Pakistan govt re-appoints 8 sacked judges

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UK mortgage lending by the major banks levelled off in July but the amount borrowed for day-to-day spending slowed, figures show.

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Mortgage lending rose by £4.3bn during July - the same amount as June, said the British Bankers' Association (BBA). But a low number of mortgage approvals overall prompted a warning about predicting a housing market recovery.

Full Story: UK mortgage lending 'levels off'

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    The stampede occurred when thousands of excited fans of the actor forced their entry close to the dais when he reached there, police said.

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    Some people at the rally expressing their anger over the 'inadequate' arrangements by the organisers hurled stones and footwears. © Copyright 2008 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

Full Story: One killed, 35 injured in stampede at Chiranjeevi's rally

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Profits at house builder Bovis Homes have plunged 84% in the first six months of the year, as the squeeze on mortgages hurt the property market.

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Bovis, which is cutting 400 jobs, said it had experienced its toughest trading since it became a public company and it expected the conditions to continue. Bovis said its sold private homes for an average of £196,700 in the period, down 4% than in the first half of 2007.

Full Story: Housing slump hits Bovis profits

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Pakistan People's Party chief Asif Ali Zardari has apologised to Pakistan Muslim League-Nawaz chief Nawaz Sharif, who pulled out of the ruling coalition after accusing the PPP of reneging on promises and asked him to rejoin the government for the sake of the country and democracy.

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"It is unfortunate that he (Sharif) has refused to travel with us in the coming journey," Zardari said in the message, which was beamed by TV channels in full after midnight. during last year's emergency. Sharif also said Zardari had violated another agreement that said the PPP would not field a presidential candidate till the post was stripped of controversial powers to dismiss Parliament.

Full Story: Zardari asks Sharif to rejoin government

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The current global financial slowdown could "drag on for some considerable time", the Bank of England's new deputy governor has warned.

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Charles Bean said the downturn was at least as bad as in the 1970s and that every time the markets began to look better, "another grenade" exploded. But he said growth should pick up and inflation fall next year, if oil prices and credit markets stabilised.

Full Story: Financial slowdown 'to drag on'

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Indian Foreign Secretary Shivshankar Menon met US Under Secretary of State for Political Affairs, William Burns on Monday to discuss the crucial Indo-US nuclear deal , whose fate currently rests with the 45-nation Nuclear Suppliers Group.

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With the nuclear cartel deciding to meet early in September to consider a waiver for India to carry out nuclear commerce, the civilian nuclear deal and the ongoing dialogue with the NSG will merit a lot of attention at the Menon-Burns talks, highly placed sources told PTI . Menon, who is on a private visit to the US, arrived in Washington from New York this morning and is expected hold detailed discussions with Burns and other senior officials, with the session also likely to include a working lunch.

Full Story: Foreign Secretary Menon in US to discuss nuclear deal

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British Energy's biggest investor, Invesco, has called for the nuclear power generator to merge with British Gas owner Centrica, it is reported.

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Neil Woodford, investment head at Invesco, which has a 15% stake in British Energy, said merger was the way forward for the two energy firms. "Together they can work out a joint venture with EDF to build nuclear sites," he told the Sunday Telegraph.

Full Story: BE backer 'proposes Centrica tie'

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Shibu Soren on Sunday got a shot in the arm when Nationalist Congress Party MLA Kamlesh Singh extended him support as the Jharkhand Mukti Morcha supremo is calling on independent legislators in his attempt to form a new government in Jharkhand.

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Independent Bhanu Pratap Sahi also offered him support, but with a rider. "We have set a 12-point charter of demands before Guruji (Soren), and if he agrees to them we will support him," Sahi told newsmen after Soren went to his residence seeking help. Sahi claimed 'Guruji' also had the backing of Bandhu Tirkey, Joba Manjhi (UGDP) and Enos Ekka (Ind), hours after caretaker Chief Minister Madhu Koda claimed he and five independents would not support Soren to form a new government.

Full Story: Jharkhand: Soren inching towards majority

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The rescue co-ordinators, part of the Public and Commercial Services Union (PCS), are angry they are paid less than other emergency services.

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The MCA said rescue workers would be unaffected but urged people to take extra care on the sea, beach or cliffs. The Bank Holiday weekend strike follows five days of industrial action earlier this year at the UK's rescue co-ordination centres.

Full Story: Coastguard staff in pay walkout

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The crisis encircling Pakistan's fragile ruling coalition reached a boiling point on Sunday with the Pakistan People's Party refusing to comply with Pakistan Muslim League-Nawaz's demand on reinstating sacked judges within a deadline and the ally also not enthusiastic about supporting Asif Ali Zardari for presidency.

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] during emergency rule last year was not "sacrosanct" and could be modified to suit the evolving political scenario. Former premier Nawaz Sharif, the chief of PML-N who has set a Monday deadline for the sacked judges' restoration, is reluctant to commit his party's support for Zardari's candidature for presidency unless the post is stripped of sweeping powers to dissolve Parliament and dismiss the premier.

Full Story: Crisis in Pakistan's ruling coalition deepens

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UK economic growth ground to a halt between April and June, according to the latest official figures.

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The Office for National Statistics said the economy stalled, showing no growth from the first quarter of 2008. It ends a run of more than 15 years of consecutive growth in the UK and will raise expectations of a rate cut.

Full Story: UK economy comes to a standstill

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Suspected Naxals on Saturday night gunned down at least five persons at an ashram for girls in Orissa's Kandhmal district. Prominent Vishwa Hindu Parishad leader Laxmananda Saraswati could be among the dead.

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"I have received reports of five deaths. However, I have to re-check before confirming the death of Laxmananda Saraswati," Deputy General of Police Gopal Chandra Nanda told PTI. However, according to Subhash Chouhan, the national convenor of Bajrang Dal, Laxmanananda was among the five persons killed in the incident.

Full Story: Naxals attack ashram in Orissa, kill 5

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UK economic growth ground to a halt between April and June, according to the latest official data.

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The Office for National Statistics said economic growth was unchanged in the second quarter from the first, revising an earlier estimate of 0.2% growth. It ends a run of 63 consecutive quarters of growth in the UK and is the weakest data since 1992.

Full Story: UK economic growth at standstill

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There may be some changes in the text of the nuclear commerce waiver for India, which is being considered by the Nuclear Suppliers Group, according to United States Assistant Secretary of State Richard Boucher.

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US could accept changes in the text but it is pushing for a clean text, said Boucher on the India-US nuclear deal. Images ] on Friday for the second day to consider whether to allow India to have civil nuclear cooperation with the international community.

Full Story: US hints at changes in draft NSG waiver

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Energy firms E.On and Scottish and Southern Energy are to raise gas and electricity prices by up to 29%.

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E.On said it would up its gas prices by 26% and electricity bills by 16% on 22 August for domestic customers. Scottish and Southern followed a few hours later by announcing a 29.2% increase in gas bills, with electricity tariffs up by 19.2% on 25 August.

Full Story: Two energy firms to raise prices

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] on Thursday. One suicide bomber blew himself up near the main gate of the Pakistan Ordnance Factories at Wah Cantonment, about 50 km from Islamabad, while the second attacker detonated his explosives near another gate of the establishment.

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The blasts occurred with 30 seconds of each other, witnesses said. The bombers struck shortly after 2.30 pm, when a shift at the ordnance factories ends. Hundreds of civilian workers of the factories were emerging from the gates at the time of the attack. ] had recently warned that it would carry out suicide attacks if the government did not halt military operations against it in the North West Frontier Province and the tribal areas.

Full Story: 70 killed in twin blasts in Pakistan cantonment

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UK housebuilder Persimmon has posted a sharp fall in profits for the first six months of the year as it struggles to deal with the housing market slump.

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The York-based firm said pre-tax profits for the half-year were £36.9m, down from £281.1m a year ago. Sales were down more than 30% on last year, and profits were also hit by costs related to shrinking the business and write-downs of its land values.

Full Story: Persimmon posts sharp profit fall

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] has closed the gap with his rival, with the latest poll showing the two in statistical dead heat.

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The latest Wall Street/NBC poll finds that 45 per cent of voters surveyed favour Obama while 42 per cent have inclination towards McCain -- the three point lead is down from six points a month ago. The margin of error is given to be 3.1 per cent, meaning that Obama's lead could range from zero to six percentage points.

Full Story: McCain catches up with Obama in race to White House

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BAA may have to sell three of its seven UK airports because of concerns about its market dominance, the Competition Commission has said.

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The watchdog is recommending that the airport operator should have to sell two of its three airports in the South East - Heathrow, Gatwick and Stansted. It also believes BAA should not be allowed to continue to own airports in both Glasgow and Edinburgh.

Full Story: BAA 'should sell three airports'

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to stop paying taxes like VAT, token tax, passenger tax and charges for services like electricity and water supply.

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Curfew was imposed last evening after mob violence in the city. In today's clashes 50 people including 10 policemen were wounded in parts of winter capital. Thousands of children accompanied by their parents courted arrest in various parts of the city on the third and the last day of the Jail Bharo Andolan.

Full Story: Amarnath Samiti launches 'disobedience movement'

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The Alliance & Leicester (A&L) bank has warned of "significant external risks" to itself if Banco Santander's planned takeover is rejected by shareholders.

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More than 560,000 A&L shareholders are being urged in a letter to support the £1.3bn takeover, announced in July. Roy Brown, the bank's acting chairman, said if the deal did not go through then the bank would be exposed to the worsening economic slowdown.

Full Story: Warning from Alliance & Leicester

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Images ] and in the blasts of November 2007 in UP. Further investigation is in progress.

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Images ] the next day. Studied Arabic in the Deoband seminary in Uttar Pradesh. Comes from a lower middle class family in Azamgarh (village Beenapara) in Uttar Pradesh. Father, a paralytic, is unemployed and mother is a housewife. The family is dependent on his earnings as a teacher of Arabic in a madrasa in Hyderabad called the Jamait Ul Sheikh Al Maududi located at Pahadisharif in Hyderabad. The madrasa had been started by another native of Azamgarh called Maulana Abdul Aleem Islahi. and Mumbai. The other siblings are studying in a madrasa in Azamgarh. Abu Bashir worked for two years in the Hyderabad madrasa, till January 2007. According to the Hyderabad police, he left the madrasa for Azamgarh that month. According to his father, he returned to his village only about a month ago saying the madrasa was closed for vacations. For nearly 18 months, he was neither in the madrasa nor his village. Some of this period between March and July 2008, he had spent in Ahmedabad.

Full Story: Terror's new faces

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The number of properties up for rent has jumped as people who cannot sell their homes decide to let them instead.

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The Royal Institution of Chartered Surveyors (Rics) says the slump in house sales is forcing many more people to become either landlords or tenants. But potential tenants are outweighing would-be landlords, and helping to push up rents in many areas of the UK.

Full Story: Supply of rental properties rises

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] , has submitted an application to the police to register a case against the ex-military ruler.

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Nawabzada Talal Akbar Bugti, who heads a faction of the Jamhoori Watan Party, submitted an application to Quetta city police station for lodging an First Information Report against Musharraf in connection with the murder of his father and 66 other people of his tribe. However, police officer Z S Kazmi told him that under the law, the case could be filed only in the police station of the area where the Akbar Bugti was killed.

Full Story: Baloch leader Bugti to file FIR against Musharraf

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Mining giant BHP Billiton has announced record annual profits for the seventh consecutive year on the back of surging commodity prices.

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The Anglo-Australian firm saw profits rise by 12.4% to $15.4bn (£8.2bn) in the year to the end of June. BHP predicted that demand for commodities would remain strong in the longer term, but said the global economy would slow in the near term.

Full Story: Record profits for BHP Billiton

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and the Saudi Arabian government came to his aide. Though they could not save his illegitimate rule from falling, however, they saved his skin and from further humiliation. Thus both have played a shameful role. Both could have been remembered positively in the history had they acted like the United States. They have saved a person who had to be answerable to his innumerable illegal acts.

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Musharraf could not have fled the country had he not been helped by the army and the Saudi government. Such a disgraceful role could have been expected from the Pakistan Army because of its previous reputation but not from the rulers of Saudi Arabia -- a country where the Prophet Mohammad (peace be upon him) was born and that considers itself the true custodian of Islam. The Saudis have not done any favour to Pakistan by harboring Musharraf. By doing so, they have committed a crime against the innocent people of Pakistan who have suffered miserably for more than eight years due to Musharraf's inhuman policies. I have no doubt in my mind that the Pakistan Army and the Saudis have done a heinous crime against humanity by offering Musharraf an exit from Pakistan and asylum in Saudi Arabia.

Full Story: Musharraf bail-out: Saudis did a heinous crime

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Workers who clean Eurostar have voted to strike on Bank Holiday Monday in a dispute over pay.

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More than 120 members of the Rail Maritime and Transport (RMT) union will walk out for 24 hours on 25 August. The union wants a higher basic wage than the £6.37 an hour the staff, who work for contractor OCS, receive.

Full Story: Eurostar cleaners set to strike

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A team of the Gujarat police camping in Karnataka picked up two doctors -- Dr Saleem Ali and Dr Pathan -- from Bijapur, a town in northern Karnataka, on Sunday.

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The police team from Gujarat, which coordinated with the Karnataka police, picked up the duo from the Jamia Mosque road. Dr Ali was camping at the residence of Dr Pathan, a police officer told rediff.com . According to a police official, Dr Ali, a dentist from Mumbai had moved into Dr Pathan's house in Bijapur. It is said that soon after the Ahmedabad blasts, Dr Ali was allegedly given shelter by Dr Pathan at his residence on Jamia Mosque road in Bijapur.

Full Story: Serial blasts: Two doctors taken into custody

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Recession looms in the UK in the next six to nine months as firms face "a difficult and risky climate", the British Chambers of Commerce warns.

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UK growth will be slightly negative or zero in the next two or three quarters, but a major recession is unlikely, the BCC says in its latest forecast. The BCC also predicts UK unemployment will rise by 250,000 to 300,000 in the next 18 months to two years.

Full Story: Recession in UK 'is months away'

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] said, refusing to take sides in the standoff and insisting that Washington had a 'broad' Pakistan policy.

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The top Bush administration official was asked if the US is considering giving asylum to Musharraf as a way to help settle the crisis stemming from the Pakistan People's Party-led coalition government's move to impeach him. Rice underscored that Musharraf was a good ally but at the same time pointed that the Bush administration has been supportive of the democratic government and was more focused on the war on terror.

Full Story: Not considering asylum for Musharraf: US

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The head of a government health advisory body has accused pharmaceutical companies of driving up the price of medicine.

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The chairman of the National Institute for Clinical Excellence (NICE) made his comments to the Observer newspaper. Sir Michael said: "We are told we are being mean all the time but what nobody mentions is why the drugs are so expensive.

Full Story: Drug chief angry at medicine cost

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Images ] as part of an all-party delegation to Jammu were just not interested in resolving the crisis. Amar Singh was actually napping when the talks were on," SASS convenor Leela Karan Sharma alleged.

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"I asked Amar Singh whether you had come here to sleep or listen to our grievances," he said. Sharma said the attitude of the delegation clearly pointed out to the lack of seriousness on the part of the Centre in addressing the demand of Jammu residents.

Full Story: 'Amar Singh was sleeping during meeting on Amarnath row'

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Troubled retailer Woolworths says it has rejected a bid for its network of 815 stores, calling it "unacceptable".

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Woolworths confirmed reports that the boss of the Iceland frozen food chain, Malcolm Walker, had made an offer to buy its retail division. However, the company's board said the proposal undervalued its assets and involved a complex restructuring, which was not achievable.

Full Story: Woolworths turns down Iceland bid

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] helped the Gujarat police in busting a terror module of banned outfit Students Islamic Movement of India in the state.

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Four out of ten persons arrested in connection with the blasts -- Imran Shaikh, Osman Agarbattiwala, Iqbal Shaikh and Sajid Mansuri -- are from Vadodara. Mansuri, one of the key accused in the case, had stayed in the city for a couple of years before shifting to Bharuch, from where he was arrested.

Full Story: How the Ahmedabad blasts case was solved

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The National Consumer Council (NCC) has criticised Vodafone for increasing mobile phonecall costs without telling its customers.

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But a letter inserted into July's bills stated the new price list but failed to mention they were going up. Vodafone has said it has improved its call packages for contract customers and it expects "99% of users will see less than a 10% rise in their bills".

Full Story: Vodafone price rises under attack

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kranti (revolution) on Saturday. To voice their fears and show their unity, the sexually-marginalized section of the society took out a march, the first in Mumbai, till Chowpatty beach.

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Amidst a sizeable police presence, lesbians, gays, transgenders and people who support them marched their distance without any interference by the 'moral police'. Though lacking in numbers, the marchers, led by Nandini Sardesai (mother of journalist Rajdeep Sardesai), made up with enthusiasm -- singing and dancing along the way. In fact, it was decided that August 16 will henceforth be observed as 'Queer Azadi Diwas'.

Full Story: Transgenders march 'free' on Mumbai roads

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The chairman of the UK's largest airports operator, BAA, has said he expects the Competition Commission to order the break-up of the company.

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Sir Nigel Rudd told the BBC's Robert Peston he believed such a decision would not lead to effective competition against BAA's prime airport Heathrow. Our correspondent said it was likely to mean BAA being forced to sell key airports in England and Scotland.

Full Story: BAA expects forced airport sales

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and other cities in the country with the arrest of 10 people, including Mufti Abu Bashir -- described as the mastermind behind the explosions.

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"We have almost entirely solved the case. We have arrested 10 people who were involved in the July 26 blasts including the mastermind, Mufti Abu Bashir," Gujarat Director General of Police P C Pande said. Throwing fresh leads to the Hyderabad blasts, Pande claimed that Bashir had stayed in that city for two years prior to the August 2007 blasts.

Full Story: Gujarat cops crack serial blasts case

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The pound remained weak against the dollar in late European trade after earlier falls - the longest run of losses in 37 years.

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Worries over the UK economy's strength saw sterling touch $1.8513 on Friday before rebounding slightly. In mid-July one pound would buy two dollars. The pound dropped sharply on Wednesday after the Bank of England issued a gloomy assessment of the UK economy.

Full Story: Sterling continues to lose ground

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. His background is being investigated as he operates under different aliases, like Ahmed Rashid and Abu Bakar Ismail. The Gujarat police suspect that he had migrated to UP from Hyderabad.

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While the details of the investigation will be revealed on Saturday, it is learnt that an accomplice of the mufti has eluded the cops in Maharashtra. With this arrest, the Gujarat police may get credit for the first-ever insight into the group which has wreaked havoc in different parts of the country in the last four years.

Full Story: Exclusive! Breakthrough in Ahmedabad blasts case

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British Airways says it has sealed an alliance with American Airlines that will allow the two carriers to agree fares, routes and schedules together.

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With aviation fuel prices near record levels and spending on air travel slowing, airlines are looking at ways to cut costs. But the carriers will have to persuade the US that the deal does not break US rules on foreign ownership of airlines.

Full Story: BA seals alliance with American

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The ongoing agitation against infiltration in Assam on Thursday took a communal turn with clashes reported in Rowta in central Assam, killing one and injuring seven others critically.

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Clashes broke out between two communities and the Inspector General of Police (Law and Order) Bhaskar Jyoti Mahanta informed that police had recovered one dead body from the area. "The situation is tense but under control," he said. The Udalguri district Superintendent of Police Bijay Kuli said that at least seven persons of different communities were critically wounded at Rowta.

Full Story: Assam: 1 killed in communal clashes

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The pound has fallen further against the dollar, hitting its lowest level in almost two years amid fears the UK will fall into recession.

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Measured against a basket of trade-weighted currencies, the pound is now at its weakest level since 1996. The pound dropped sharply on Wednesday after the Bank of England issued its gloomiest assessment yet of the health of the UK economy.

Full Story: Sterling losses gather momentum

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The Calcutta High Court on Thursday directed the Central Bureau of Investigation to file a chargesheet against all seven accused in the Rizwanur Rehman death case.

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CBI questions Rizwanur's widow Rizwanur, who married the daughter of affluent businessman Ashok Todi on August 18 last year, was found dead on September 21 next to a rail track at Dum Dum in Kolkata. © Copyright 2008 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

Full Story: HC slams Kolkata police for shoddy probe in Rizwanur case

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The Bank of England says it expects the UK economy will not grow at all over the next year or so.

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In the Bank's gloomiest assessment yet, governor Mervyn King said that he expected growth "to be flat" and did not rule out a recession. He warned inflation would peak at 5%, making it hard for the central bank to cut interest rates in the near future.

Full Story: Bank warns of flat growth ahead

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on Wednedsay night as hundreds defied curfew and assembled in mosques across the city, raising pro-freedom and anti-establishment slogans.

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The people began gathering in the mosques from around 8 pm and the sound of gunshots could be heard as the protests raged well past midnight. The Central government has taken serious note of the alleged excess of the paramilitary Central Reserve Police Force, sources said and added that the Centre has decided to withdraw the CRPF inspector general in the Valley following a state government report on the two-day protests and firing.

Full Story: Srinagar: Hundreds defy curfew, tension escalates

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relaxed the curfew on Wednesday for three hours to allow people to buy necessary household items, official sources said.

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The curfew was relaxed in the city from 0800 hours to 1100 hours, they said, adding that the relaxation would be extended if the 3-hour period passes peacefully. Authorities had clamped curfew in all the ten districts in the Valley for the first time in 13 years after the protests in the tense Kashmir region spread in escalating violence that left another 12 people dead in firing on Tuesday by security forces, taking the death toll to 18.

Full Story: Curfew relaxed in Srinagar

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The UK's annual rate of inflation rose to 4.4% in July, its highest level since records began in 1997.

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The 0.6% rise was also the biggest monthly change since records began and took the figure to more than twice the government's target. The rise in the Consumer Prices Index (CPI) was more than expected, with food prices up a record 13.7% on the year.

Full Story: UK inflation up to 4.4% in July

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A 23-year-old Indian taxi driver was verbally abused and attacked by a passenger in Melbourne, the latest in a series of attacks targeting cabbies from South Asian countries.

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Lakhvir Singh who picked up a passenger late night on the weekend was attacked by the commuter when he got out of the cab to close the door left open by the man. Singh was repeatedly kicked and punched by the passenger waiting outside for him who had also hit him in the hands with the credit card imprinter from the cab after Singh asked for the fare, reports said adding he has deep cuts on his fingers.

Full Story: Another Indian cabbie attacked in Melbourne

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Water companies in England and Wales have been telling the regulator Ofwat how much they want to increase bills for the five years from 2010.

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Thames Water is expecting one of the highest rises of about 3% a year above inflation. United Utilities plans to raise prices by 2.7% above inflation. Severn Trent asked for rises "only slightly above inflation" while Welsh Water's will not rise above inflation.

Full Story: Water companies plan price rises

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] , seven persons were reportedly injured in adjacent Khejuri area as Communist Party of India-Marxist and Trinamool Congress activists opened fire at each other on Monday night.

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Trouble first began when two CPI-M supporters were reportedly thrashed with rods at Janka village in Khejuri area, a Marxist stronghold, following a minor altercation. The news soon resulted in a fresh gunfight as crude bombs were also freely hurled injuring five Trinamool supporters.

Full Story: Fresh clashes in Nandigram, 7 injured

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] home, Quraishi said, adding that it was followed by a convention in which minorities from 120 countries participated.

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"We have been aware for quite some time that if the minority communities had good understanding and stood up against the divisive forces of the upper castes, there could be a lot of progress in the country," said Quraishi, whose organisation, the American Federation of Muslims of Indian Origin, coordinated the New York convention. "There would be no communal riots," added Quraishi, who is also the president of AFMI. "In Gujarat, Muslims and Dalits have lived side by side for decades but when the 2002 riots took place, many Dalits took up arms against us. But if they were aware that the upper caste people were poisoning their minds and using them to fight against us, there would not have been violence and bloodshed." Dalits and other minorities  can  also  learn  from  each other how to empower the seemingly powerless, he added, echoing the thoughts of Dr A R Nadkar, the co-chairman of the convention. Over 300 people including 150 activists led by Paswan attended the convention, he said. The delegates came from half a dozen faiths. The convention honoured Indian civil rights activist Teesta Setalvad and journalist Tarun Tejpal for their courage to highlight the violation of minority rights.

Full Story: Minorities' meet seeks new laws to combat violence

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The lender said prices fell another 1.7% last month, taking the annual rate of decline up from 6.1% to 8.8%.

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The Halifax said this took the average house price down to £177,351, the value last seen in June 2006. The bank said demand from home buyers had been "significantly curbed" by the lack of mortgage funds, high prices and the squeeze on household finances.

Full Story: House prices 'fell 1.7% in July'

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] for aiding the 'war on terror', on Friday said the decision to impeach the embattled leader is an "internal matter" of Pakistan, but must be "consistent with the rule of law and their constitution." "We have consistently said the internal politics of Pakistan is an issue for the Pakistani people to decide. Our expectation is that any action will be consistent with the rule of law and the Pakistani constitution," State Department Spokesman Gonzalo Gallegos said.

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"It is the responsibility of their leaders to decide on a way forward to succeed as a modern and democratic country. We will continue our close ties with the democratically elected government," he said in a briefing. Musharraf is facing the gravest crisis since seizing power over eight years ago with Pakistan's ruling coalition on Thursday evening deciding to impeach him.

Full Story: Musharraf impeachment move an internal matter of Pakistan: US

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The Bank of England has kept interest rates on hold at 5% as it struggles to deal with a slowing economy and spiralling inflation.

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But the Monetary Policy Committee's primary goal is to keep inflation at 2% and it currently stands at 3.8%. Although the bulk of members voted to hold rates last month, one supported a cut, while another backed an increase.

Full Story: Bank holds UK interest rate at 5%

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Residents of the busy Vadapalani and upmarket Ashok Nagar in Chennai city, finally, can heave a sigh of relief with police making a breakthrough in cracking a gang of 'psycho' killers, who have been linked to five mysterious deaths in the area.

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However, dismissing any psycho angle to the killings, police on Thursday claimed to have made the breakthrough after they arrested two persons, who allegedly admitted that they along with their gang members, had killed the people for money to buy drugs and liquor. The other gang members were yet to be nabbed. Earlier, police had claimed that they had solved the case with the arrest of a person identified as Ekambaram who was stated to be mentally unstable. But two deaths were reported even after his arrest.

Full Story: Chennai's 'psycho' killings mystery solved?

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The Bank of England is expected to keep interest rates on hold at 5% after what experts say will be one of the most difficult decisions of recent times.

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With growth slowing markedly and inflation rising sharply, opinion is divided on the Bank's Monetary Policy Committee (MPC) about how to respond. Although the bulk of members voted to hold rates last month, one supported a cut, while another backed an increase.

Full Story: Rates dilemma for Bank of England

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In a fresh attempt to restore peace in the volatile Jammu region, Governor N N Vohra on Wednesday night appointed a four-member team to talk to the protesters and end the month-long stalemate in the state.

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] High Court Justice G D Sharma and Principle Secretary to the Governor B B Vyas, official sources said. The committee has been authorised to hold talks with the Shri Amarnath Sangharsh Samiti to end the stalemate that had been assuming dangerous dimensions with a threat of communal backlash looming large.

Full Story: J & K governor appoints special team to talk to protesters

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Broadcaster ITV says profits fell 28% in the first half of the year, and that its advertising revenues will be flat across the first eight months of 2008.

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It also says advertising revenues will fall 20% in September against 2007, when it broadcast the Rugby World Cup. Adjusted pre-tax profit was £91m for the six-month period, but allowing for one-off charges it made a £1.54bn loss.

Full Story: ITV hit by advertising slowdown

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All 10 members of Amarnath Shrine Board tendered resignation to Jammu and Kashmir Governor N N Vohra to

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Full Story: Amarnath shrine board members resign en masse

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Opposition parties have criticised the government's decision to give Northern Rock up to £3bn more in cash, saying it exposes taxpayers to substantial risks.

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Unlike earlier loans to Northern Rock, the £3bn will be turned into equity in the state-owned bank, making it harder to recoup in the future, critics said. The money for the cash injection will come by pausing repayments of the giant taxpayer loan made to the bank, and about £3bn of that will be converted into equity.

Full Story: Northern Rock cash boost attacked

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The United States on Tuesday asked India not to talk about an unconditional waiver from the Nuclear Suppliers Group as it was 'provocative' ahead of the meeting of the 45-nation group.

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In a telephonic press conference from the US, Ambassador to India David Mulford said usage of the term 'unconditional' was 'over simplification' of issues considering that the issue related to the NSG. He noted that the US was seeking 'clean exemption' from the NSG and was not using the word unconditional because there are 'many moving parts' in the process, including the Separation Plan, the 123 agreement and India-International Atomic Energy Agency safeguards agreement.

Full Story: Don't ask NSG for unconditional waiver, US tells India

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Northern Rock is set to announce that it has made bigger-than-expected losses of £500m, the BBC has learned.

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But it has been paying back its loan from the Bank of England faster than it had predicted. It was nationalised in February after the government intervened following the first run on a British bank in more than a century.

Full Story: Northern Rock makes a £500m loss

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Ruling Pakistan People's Party co-chairman Asif Ali Zardari is expected to assign important responsibilities to his daughter Bakhtawar in the PPP women's wing, party sources said on Monday.

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Zardari has held consultations with women workers of the PPP in this regard and decided to assign the responsibilities to Bakhtawar, who currently lives in Dubai, the sources told the NNI news agency. The PPP chief is expected to make an announcement about his daughter's participation in politics. According to analysts, the PPP will be strengthened with Bakhtawar's participation in party affairs.

Full Story: Bhutto's daughter may enter politics

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British Airways says it is hopeful of agreeing a tie-up with its largest US rival American Airlines within weeks.

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The talks are taking place alongside negotiations between BA and the Spanish airline Iberia about a possible merger. With aviation fuel prices at record levels and spending on air travel slowing, airlines are looking for ways to cut costs.

Full Story: BA close to American alliance

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] on Sunday night winding up his three-day visit to Colombo where he attended the 15th South Asian Association for Regional Cooperation Summit and held bilateral talks with leaders of Pakistan and other countries.

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Dr Singh was given a warm send-off, with Sri Lankan Prime Minister Ratnasiri Wickremanayake seeing him off at the airport. Responding to Dr Singh's concerns, Gilani said he would conduct an independent investigation into the Kabul attack.

Full Story: Manmohan Singh concludes Lanka visit

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Some estate agents in England and Wales are breaking the law by marketing properties without ordering a Home Information Pack, the BBC has learned.

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The Law Society says in some cases, Hips are not available until weeks after the property goes on the market. The packs, which can cost up to £400 and contain information such as deeds and searches, were launched a year ago.

Full Story: Agents 'breaking home pack law'

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Pak PM Gilani said he would conduct an investigation into the attack on India's mission in Kabul.

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Full Story: Pakistan PM promises probe into Kabul attack

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Negotiation which would have seen eight of the UK's nuclear power stations sold to a French state-owned energy firm have broken down without agreement.

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However, it is understood that shareholders argued that the soaring price of energy meant they should be able to command a higher offer. The rejection is a major setback to the UK's plans to cut greenhouse gases by relying more on nuclear energy.

Full Story: UK nuclear energy deal collapses

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Popular Non Resident India poetess Sujata Bhatt and five others were short-listed on Friday for Britain's most valuable poetry prize.

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The six poets have been short-listed from 133 collections. Others chosen are Jamie McKendrick, Mick Imlah, Catherine Smith, Jane Griffiths and Jen Hadfield. Bhatt is the recipient of various awards, including the Commonwealth Poetry Prize (Asia) and has published six collection of poems, including Monkey Shadows in 1991 and Augatora in 2000. Her works have been been translated into more than 20 languages.

Full Story: NRI author in British poetry prize shortlist

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French energy company EDF is not about to announce a takeover of British Energy, the firm has told the BBC.

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EDF and British Gas owner Centrica were expected to pay more than £12bn for the company, which owns eight British nuclear power stations. The French company said: "After in depth discussions, EDF considers that the conditions for a major development in Great Britain are not met to date." EDF will hold its half-year results meeting on Friday morning as planned.

Full Story: No EDF takeover of British Energy

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in Karnataka after the actor expressed regret over a remark he made on the Hogenakkal row .

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Earlier in the day, members of the Karnataka Rakshana Vedike assembled at Karntaka Film Chamber of Commerce and demanded Rajnikanth's apology and announced they would not allow the release of the film unless he apologised. "By expressing his regret, Rajnikanth has showed his greatness. We no longer oppose the release," KRV president Narayana Gowda said.

Full Story: Rajni's apology ensures Kuselan 's smooth Friday release

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